Finanjo with Piramal Finance

Loan against mutual fund up to 15 Lakh.

Flexible tenure up to 60 months · Your units stay invested with Piramal Finance.

Your portfolio

still invested
  • Flexi cap fundEquity · ₹4.2 LAvailable
  • Large & mid capEquity · ₹3.1 LAvailable
  • Nifty 50 index fundEquity · ₹2.2 LAvailable

Credit line available

₹0

Illustrative, at about 45% of fund value.

Limit estimator

How much can you borrow?

Your mutual funds value₹10 L

Current value of the funds you'd pledge.

Amount you'll withdraw₹2 L

Up to your credit line of ₹4.5 L. Interest is only on what you withdraw.

For how long6 months

Repay any time. No fixed EMI.

What's a credit line?

  • • A limit you can draw from, like an overdraft, not a lump-sum loan.
  • • Withdraw what you need, when you need it, and pay interest only on that, for the days you use it.
  • • Repay any time and the amount is available to use again. Your funds stay invested.

Estimated credit line

₹4,50,000

₹10 L × 45% · the most you could draw

Withdrawn ₹2,00,000Still available ₹2,50,000
Interest per month

9.49% p.a. on ₹2 L

₹1,582
Interest per day

charged only while you use it

₹52
Total interest for 6 months

if you repay at the end

₹9,490
Funds sold

units stay invested and keep growing

₹0

*Indicative. Limit at about 45% of fund value, capped at ₹15 lakh. Interest at 9.49% p.a. on the amount withdrawn. Your actual limit, rate and charges are set by Piramal Finance based on the funds you pledge.

How it works

Four steps to your credit line

  1. 1Link your mutual funds

    Share your holdings once through the RBI Account Aggregator in the Finanjo app. Read-only and secure.

  2. 2Tap Apply Now

    We open Piramal Finance's secure page for you, already set up with your details.

  3. 3Pick funds to pledge

    Choose which funds back your credit line. They stay in your name and keep growing.

  4. 4Withdraw to your bank

    Draw what you need, when you need it. Pay interest only on what you use.

Your growth keeps compounding

Selling breaks your SIP streak and resets compounding. Pledging doesn't touch either.

From 9.49% p.a.

Far cheaper than a credit card (~36%) and lower than most personal loans (from 13.99%).

No capital gains tax

You aren't selling, so there's no tax event. Repay and your units are released.

Questions, answered

Nothing changes. Your units stay in your name, SIPs continue, and any growth or dividends are still yours. The pledged units just can't be redeemed until you repay.

Finanjo is a lending service provider. Loans are offered by Piramal Finance Ltd. (against mutual funds) and InCred Financial Services Ltd. (personal loans), both RBI-registered NBFCs. Approval, amount, rate and charges are at the lender's discretion. Grievance redressal