Looking for Axis Bank Loan Against Mutual Funds?
Compare Axis Bank's Loan Against Mutual Funds offering with Quicklend's 10.3% p.a. transparent rate — and decide what works best for you.
What is Axis Bank Loan Against Mutual Funds?
Axis Bank's Loan Against Mutual Funds (LAMF) is a secured credit facility that lets you pledge your mutual fund units as collateral and borrow against their market value — without selling your investments.
Axis Bank offers this as an overdraft facility, meaning you only pay interest on the amount you actually use. Your mutual fund units remain invested and continue to earn returns throughout the loan tenure.
This is particularly useful when you need short-term liquidity but do not want to disrupt your long-term investment strategy by redeeming your mutual funds.
Axis Bank is India's third-largest private sector bank, offering loan against mutual funds and shares through its digital platforms and branch network.
Axis Bank LAMF Interest Rates & Charges
| Charge Type | Axis Bank |
|---|---|
| Interest Rate | 10.50% – 11.25% p.a. |
| Processing Fee | Up to 0.50% + GST |
| Renewal Fee | As per schedule |
| Prepayment Charges | Nil |
Axis Bank links LAMF rates to its marginal cost of funds-based lending rate (MCLR). Actual rates depend on loan amount and tenure. Rates subject to change. Please verify current rates directly with Axis Bank.
Eligibility Criteria for Axis Bank LAMF
To apply for a Loan Against Mutual Funds from Axis Bank, you generally need to meet the following criteria:
- Existing Axis Bank customers preferred
- Age: 18–70 years
- Mutual fund units from empanelled AMCs
- KYC compliant with Axis Bank
- Minimum portfolio value as per norms
- Units held as folios or in demat form
Note: Quicklend has no bank account requirement — any investor with a mutual fund portfolio can apply, regardless of which bank they use.
LTV Ratio & Loan Amount for Axis Bank LAMF
LTV – Equity Funds
50%
LTV – Debt Funds
75–80%
Max Loan (Equity)
₹20 lakh
Max Loan (Debt)
₹1 crore
The Loan-to-Value ratio determines how much you can borrow against your mutual fund portfolio. For example, if you hold ₹10 lakh in equity funds,Axis Bank allows you to borrow up to ₹5 lakh (50% LTV). For debt funds worth ₹10 lakh, you can borrow up to ₹7.5 lakh (75–80% LTV).
Quicklend offers the same 50% LTV on equity funds and up to 80% on debt funds — and the minimum loan amount starts at ₹55,000, with no upper limit based on your portfolio value.
Calculate your eligible loan amount →Eligible Mutual Funds for Axis Bank LAMF
Axis Bank accepts open-ended mutual fund schemes from empanelled Asset Management Companies (AMCs). The following fund types are generally eligible:
- Equity mutual funds (open-ended)
- Debt mutual funds (open-ended)
- Balanced / Hybrid funds
- Index funds
- Liquid funds (select schemes)
- ELSS (post lock-in)
Closed-ended funds, NFOs, and fund-of-funds are typically not eligible. Always confirm with Axis Bank before applying.
Documents Required for Axis Bank LAMF
To apply for a Loan Against Mutual Funds from Axis Bank, you will typically need to submit the following documents:
- PAN card
- Aadhaar card
- Axis Bank account details
- Latest mutual fund statement (CAMS/KFintech)
- Demat statement (if applicable)
- Passport-size photograph
Quicklend's document requirements are similar — PAN, Aadhaar, mutual fund or demat statement — and the entire submission is done digitally. No physical copies or branch visits required.
How to Apply for Axis Bank LAMF
Here is a step-by-step guide to apply for a Loan Against Mutual Funds from Axis Bank:
- 1Log in to Axis Mobile or Internet Banking
- 2Select 'Loans' → 'Loan Against Mutual Funds'
- 3Choose mutual fund folios and units to pledge
- 4Review eligible loan amount based on current NAV
- 5Complete e-sign on pledge documentation
- 6Lien is marked and overdraft limit is activated
Processing time at Axis Bank: Same day to 1 working day (digital). Keep in mind that branch-based applications may take longer.
Axis Bank vs Quicklend: LAMF Detailed Comparison
Here is a feature-by-feature comparison of Axis Bank's LAMF and Quicklend's offering, so you can make an informed decision.
| Feature | Axis Bank |  |
|---|---|---|
| Interest Rate | ~10.50% – 11.25% p.a. | 10.3% p.a. (fixed, transparent) |
| LTV – Equity Funds | 50% | 50% |
| LTV – Debt Funds | 75–80% | 80% |
| Application Process | App / Branch (Axis Bank account required) | 100% Online (no account needed) |
| Approval Time | Same day to 1 working day (digital) | Same day |
| Minimum Loan | ₹25,000 – ₹1 lakh | ₹25,000 |
| Bank Account Required | Axis Bank account helpful; may be required for overdraft | No – any bank account accepted |
| Lending Partner | Axis Bank | Bajaj Finance Ltd (India's #1 NBFC) |
| Prepayment Charges | Nil (floating rate) | Zero |
The table above highlights the key differences between Axis Bank and Quicklend for LAMF. While Axis Bank is a reliable option for its existing customers, Quicklend stands out on three dimensions most borrowers care about: rate, speed, and accessibility.
Quicklend's rate of 10.3% p.a. is fixed and fully transparent — there are no surprises when the base rate changes. With a 100% digital process backed by Bajaj Finance Ltd, you get the trust of India's largest NBFC without needing to be a customer of any specific bank.
* Axis Bank rates are indicative and subject to change. Verify current rates at Axis Bank's official website.
Why Choose Quicklend Over Axis Bank for LAMF
Both Axis Bank and Quicklend offer Loan Against Mutual Funds — but Quicklend is purpose-built for speed, transparency, and accessibility. Here is why thousands of investors choose Quicklend:
Transparent 10.3% p.a. Rate
Quicklend charges a fixed 10.3% p.a. — no hidden charges, no rate fluctuations tied to bank benchmarks. You know exactly what you pay from day one.
100% Online Process
Apply, upload documents, get approved, and receive funds — entirely online. No branch visits, no physical paperwork, no queues.
Same-Day Approval & Disbursement
Quicklend's digital-first process ensures your application is reviewed and funds are disbursed on the same day — ideal when you need quick liquidity.
No Bank Account Requirement
Unlike banks that restrict LAMF/LAS to their own account holders, Quicklend is open to every investor in India, regardless of which bank you use.
Bajaj Finance Ltd Partnership
Your loan is powered by Bajaj Finance Ltd — India's largest NBFC with a 35+ year track record and an AAA credit rating. Rock-solid reliability.
Higher LTV on Debt Funds
Quicklend offers up to 80% LTV on debt mutual funds — matching the best rates in the market — so you unlock more value from your portfolio.
Zero Prepayment Charges
Repay part or all of your loan any time without penalty. Flexibility to manage your loan tenure on your own terms.
ISO 27001 Certified Security
Quicklend is ISO 27001 certified, meeting international standards for information security. Your financial and personal data is fully protected.
How to Apply for Quicklend LAMF
Applying for a Loan Against Mutual Funds with Quicklend takes under 15 minutes — entirely online, with no branch visit required.
- 1
Visit Quicklend
Go to quicklend.in and click on 'Loan Against Mutual Funds'.
- 2
Enter Your Details
Provide your mobile number, PAN, and basic information. No CIBIL score check required.
- 3
Link Your Portfolio
Share your CAMS/KFintech statement or connect your demat account to show your mutual fund holdings.
- 4
Get Instant Approval
Quicklend evaluates your portfolio in minutes and shows you the eligible loan amount at 10.3% p.a.
- 5
Receive Funds Same Day
Accept the offer, complete e-KYC and e-sign — funds are credited to your bank account the same day.
Frequently Asked Questions: Axis Bank LAMF vs Quicklend
Disclaimer: The bank rate information on this page is indicative and based on publicly available data as of 2026. Actual rates may vary. Please verify current rates directly with Axis Bank before applying. Quicklend operates through Bajaj Finance Ltd and all loan products are subject to their terms and conditions.