Loan Details
Starting Month
Loan Amount
₹
₹1,00,000₹3Cr
Tenure
yrs
1yrs20yrs
Interest
%
6%15%
Total EMI Details
Total Principal Payable (In 10 years) | Total Interest Payable (In 10 years) | Monthly EMI (Interest + Principal) | Total Payment (In 10 years) |
---|---|---|---|
₹20,00,000 | ₹NaN | ₹NaN | ₹NaN |
Total Principal Payable (In 10 years) |
₹20,00,000 |
Total Interest Payable (In 10 years) |
₹NaN |
Monthly EMI (Interest + Principal) |
₹NaN |
Total Payment (In 10 years) |
₹NaN |
Payable per year
EMI will have higher component of interest in the beginning which will reduce towards the end of the tenure
EMI will have lower component of principal in the beginning which will increase towards the end of the tenure
Payment Schedule
EMI start from
Table view
Yearly
Yearly+Monthly
Fiscal year
Year + Month | Principal | Interest | Amount payable= EMI(Principal+ Interest | Balance Principal |
---|
What is loan against mutual fund?
As the name loan against mutual funds suggests you will be able to avail loan by pledging your Mutual Fund units. This is somewhat similar to other loan against assets product except that the entire process is digital and you continue to own the MF units with minimal restrictions placed.
Get instant cash with
Loan against
Mutual
Funds at 10.5%
interest only.
Loan against
Mutual
Funds at 10.5%
interest only.