A loan against mutual funds (LAMF) lets you borrow against your mutual fund units without selling them. Volt Money places a digital lien on your units, so they stay invested and keep growing while you borrow. You get an instant credit line from Rs 10,000 to Rs 5 crore, pay interest only on what you withdraw, and repay any time within 6 years.
With Volt Money you can borrow up to 70% of the value of equity funds (an industry-first, industry-high LTV) and up to 85% of liquid and debt funds, with a credit line from Rs 10,000 to Rs 5 crore. For example, a Rs 10 lakh equity portfolio gives a limit of about Rs 7 lakh; the same value in debt funds gives about Rs 8.5 lakh.
Priya holds Rs 10,00,000 in equity mutual funds. At 70% LTV her sanctioned credit line is Rs 7,00,000. She withdraws only Rs 2,00,000 for a medical bill, so she pays interest (from 10.49% p.a.) on Rs 2,00,000 alone, calculated daily, not on the full Rs 7,00,000.
Volt Money loan against mutual funds starts at 10.49% p.a., with the exact rate based on your profile. You pay interest only on the amount you withdraw, calculated daily, so an unused credit line costs nothing. The one-time processing fee starts from Rs 999, and there are zero foreclosure charges. This is far cheaper than a personal loan at 14% to 30% p.a.
See our full step-by-step guide to open your credit line.
With Volt Money you get a loan against mutual funds in 5 digital steps: 1) check your eligibility with your PAN and mobile number, 2) complete OTP-based KYC and add your bank account, 3) pledge your mutual fund units, 4) accept the loan agreement, and 5) withdraw instantly. The loan account opens in under 10 minutes, with no documents to upload.
A loan against mutual funds is usually far cheaper than a personal loan. Volt Money LAMF starts at 10.49% p.a. versus 14% to 30% p.a. for personal loans, and you pay interest only on what you use. Personal loans are rarely offered for short durations under 12 months; a Volt Money credit line lets you borrow and repay flexibly within 6 years.
Borrow Rs 2,00,000 for 3 months. At 10.49% p.a. via Volt Money the interest is about Rs 5,245. A personal loan at 18% p.a. would cost about Rs 9,000 in interest, plus higher processing fees, and many lenders will not offer such a short tenure at all.
| Feature | Loan against mutual funds (Volt Money) | Personal loan |
|---|---|---|
| Interest rate | From 10.49% p.a. | 14% to 30% p.a. |
| Interest charged on | Only the amount withdrawn, calculated daily | Full sanctioned amount from day one |
| Collateral | Your mutual fund units (stay invested) | None (unsecured) |
| Credit score | No minimum, no CIBIL check | High score usually required |
| Processing fee | From Rs 999 (one-time) | Typically 1% to 3% of loan amount |
| Foreclosure / prepayment | Zero charges, no penalty | Often 2% to 5% |
| Tenure | 6-year credit line, repay anytime | Fixed EMIs, usually 12 to 60 months |
| Disbursal | Account in under 10 min, instant 24/7 withdrawals | Usually 1 to 7 days |
To borrow from Volt Money you must be an Indian resident aged 18 to 70 with an eligible credit limit of at least Rs 10,000 against your mutual funds. No minimum credit score, CIBIL check or income proof is required, because the loan is secured by your units. Debt and ELSS funds (held over 3 years) and joint holdings in AS/ES mode are eligible.
Tap 'Check eligibility' on voltmoney.in, enter the mobile number and PAN linked to your mutual funds, and verify the OTP. Volt Money instantly calculates the maximum credit limit available against your portfolio. It is a soft check with no impact on your CIBIL score and takes about 15 seconds.
No. Volt Money fetches your eligible mutual fund portfolio digitally, so you never upload a CAS or any other document. Just enter your PAN and verify an OTP to see the credit limit available against your holdings.
Volt Money offers loans against over 9,000 approved mutual funds across asset management companies (AMCs) in India. ELSS funds become eligible only after their 3-year statutory lock-in. You can confirm your specific funds instantly during the free eligibility check.
Yes. Volt Money gives you complete flexibility to choose which mutual fund units you lien-mark to set up your credit line. You decide how much of your portfolio to pledge, and you can add more units instantly at any time.
Volt Money's loan against mutual funds starts at 10.49% p.a., depending on your profile. The processing fee starts from Rs 999 (a one-time setup fee) and may vary with the loan amount and state stamp duty. There are zero foreclosure charges and no prepayment penalty, and you pay interest only on the amount you use.
No. With Volt Money you pay interest only on the amount you actually withdraw, and only for the days you use it, calculated daily on your outstanding balance. Your unused credit line costs you nothing.
Yes. Volt Money's credit line gives you full flexibility on principal repayment: repay any amount, any time within your 6-year credit line, with zero foreclosure charges. Interest is debited on fixed mandate dates each month.
None to upload. The Volt Money journey is fully digital. You only need your PAN number, an Aadhaar-linked mobile number, and bank account details for the repayment mandate. There is no paperwork, no branch visit and no physical signature.
Lien marking (pledging) places a hold on your mutual fund units in the lender's favour so they cannot be redeemed until the loan is repaid. Your units stay invested in your name and keep earning returns; only redemption is blocked. Volt Money does this 100% digitally and in real time.
You can request unpledging any time, and Volt Money removes the lien instantly and free of charge. You can unpledge specific units or your whole pledged portfolio, subject to your outstanding loan and utilisation. Repaying your loan does not auto-unpledge units: the lien stays so you can draw again within the 6-year credit line.
Update your contact details through MFCentral. Sign up, raise a service request to change your registered mobile number or email, and MFCentral processes the change within 1 to 2 business days.
A loan against securities lets you borrow against financial assets like mutual funds and shares while staying invested. Volt Money specialises in loans against mutual funds: you pledge your units, keep earning returns, and draw a credit line from Rs 10,000 to Rs 5 crore. Interest starts at 10.49% p.a. and is charged only on the amount you actually use.
Yes. With Volt Money you borrow against your mutual funds without redeeming them. Your units are lien-marked digitally and stay invested in your name, so they keep earning returns and you avoid capital-gains tax and exit loads from selling. Only redemption is blocked while pledged; you can unpledge instantly and free of charge once the loan is repaid.
A loan against mutual funds is a low-cost way to raise money without breaking your investments. With Volt Money you keep your units invested and growing, pay from 10.49% p.a. only on what you use, and face zero foreclosure charges. It carries a few risks: if markets fall sharply the lender may ask you to add units, and the lien blocks redemption until you repay.
