AbhiLoans offers instant loans up to Rs. 1 Crore on your shares and mutual funds in just 4 hours without a credit check. It enables you to unlock quick capital without liquidating your assets. The loan comes with the freedom to pay at will, as there are no prepayment charges on the loan.
Following are the key details of AbhiLoans:
|Loan offered against||Shares and mutual funds|
|Loan amount||Rs. 15,000 to Rs. 1 Crore|
|Rat of interest||13% p.a. onwards|
|Lowest EMI||Rs. 1166 per Rs 1,00,000|
|Loan to value (LTV)||50% to 75% of the value of pledged securities.|
|Turnaround time||4 hours|
The key features of loan options offered by AbhiLoans are mentioned below:
AbhiLoans offers the following two types of loan facilities:
Loan Against Mutual Funds
Loan Against Shares
Applying for a loan at AbhiLoans has the following benefits:
Interest rate at AbhiLoans is calculated on a daily basis on the daily outstanding amount, which has to be repaid on a monthly basis. AbhiLoans provides the best loan against securities at highly affordable interest rates starting from 13% for EMI-based loans, where borrowers have to pay the principal loan amount along with interest monthly. On the other hand, AbhiLoans also offers overdraft loans at a 16% interest rate, where borrowers have to pay only the interest amount every month.
Anyone can apply for AbhiLoans quick loan against securities without a credit check if they meet the following criteria.
The loan application process at AbhiLoans is fully digital. Hence, you must have a reliable internet connection. You will need the following documents to apply for the loan:
Either upload the following documents or use Digilocker:
The shares units must be reflected in the NSDL portal to qualify for the loan. Either upload the following documents or use Digilocker:
Anyone can apply for AbhiLoans by directly clicking on the ‘Apply’ button on Abhiloans.com and following the steps mentioned below:
Regarding any query, feedback, complaint, and/or suggestion about AbhiLoans and its products, you can contact through any of the following ways:
Send ou concern via email at: firstname.lastname@example.org
Call at: +91 93106 37483
Visit Registered Office:
2 Floor, GR Towers, L-127,
4th Main Rd, Sector 6,
HSR Layout, Bengaluru, Karnataka - 560102
A loan against securities is a loan that is offered against marketable securities. In this loan, customer pledges their investment in favour of the concerned lender and borrows funds to meet their financial and personal requirements without selling their investment.
Loans against mutual fund units start at Rs. 15,000 and can go up to Rs. 1,00,00,000, which makes AbhiLoans a great option to get quick capital against the mutual fund.
The applicant should have:
You can check your AbhiLoans loan amount eligibility using the Eligibility Calculator available on Abhiloans.com. Just put the shares or mutual funds you own to check the eligible loan amount.
With loans against securities, you can take care of all your investment as well as personal needs like meeting contingencies, financial requirements and/ or investment needs. It is an ideal option to get funds without liquidating your securities.
Currently, AbhiLoans offers the following two types of loans under loans against securities:
You can repay the loan amount either in part or full via RTGS or NEFT at any point of time during the loan tenure.