Your investments are compounding
Don’t interrupt them.
Your investments are compounding
Don’t interrupt them.
Your investments are compounding
Don’t interrupt them.
Get cash against your mutual funds at 10.5% interest in 15 minutes. Pre-pay and close anytime.
Get cash against your mutual funds at 10.5% interest in 15 minutes. Pre-pay and close anytime.
Affordable rates at 10.5% p.a.
Affordable rates at 10.5% p.a.
Affordable rates at 10.5% p.a.
Fast credit in minutes
Fast credit in minutes
Fast credit in minutes
Flexible credit line
Flexible credit line
Flexible credit line
Personal Loan
Personal Loan
13 - 20%
13 - 20%
Loan Against Mutual Funds
Loan Against Mutual Funds
10.5%
10.5%
What is Loan Against Mutual Fund?
What is Loan Against Mutual Fund?
A type of loan where you pledge your mutual funds to get money from a trusted lender. You have flexibility to withdraw in parts and pre-pay / close without any charges.
A type of loan where you pledge your mutual funds to get money from a trusted lender. You have flexibility to withdraw in parts and pre-pay / close without any charges.
What happens when you withdraw from your investments?
What happens when you withdraw from your investments?
What happens when you withdraw from your investments?
Be it from debt or equity, there is a cost that you pay.
Be it from debt or equity, there is a cost that you pay.
Incur short term charges
Incur short term charges
Withdrawing your investments prematurely will lead to unwanted taxes and exit loads.
Withdrawing your investments prematurely will lead to unwanted taxes and exit loads.
Loss of tax savings in the future
Loss of tax savings in the future
You miss out on indexation benefits accrued in your debt portfolio invested up to March 2023.
You miss out on indexation benefits accrued in your debt portfolio invested up to March 2023.
Risk financial goals
Risk financial goals
Your long term goal plans can go off-track and might need significant top-ups.
Your long term goal plans can go off-track and might need significant top-ups.
Why is taking a loan against mutual funds better?
Why is taking a loan against mutual funds better?
As compared to withdrawing from your investments.
Low interest rate
Low interest rate
Affordable 10.5% interest compared to personal loan that goes upwards of 13% pa.
Affordable 10.5% interest compared to personal loan that goes upwards of 13% pa.
Adequate credit limit
Adequate credit limit
Up to 80% of your debt and 45% of equity mutual funds. You can pledge funds outside Scripbox too.
Up to 80% of your debt and 45% of equity mutual funds. You can pledge funds outside Scripbox too.
Money credit in days minutes
Money credit in days minutes
Instead of withdrawing from mutual funds that can take up to 3 days for money credit. Not including holidays.
Instead of withdrawing from mutual funds that can take up to 3 days for money credit. Not including holidays.
No frills prepayment and closure
No frills prepayment and closure
Prepay or close the loan anytime. No hidden charges.
Prepay or close the loan anytime. No hidden charges.
Pay as you use
Pay as you use
You pay interest only for the amount you utilise and for the period that you choose.
You pay interest only for the amount you utilise and for the period that you choose.
Ideal choice for
Ideal choice for
Medical Emergency
Medical Emergency
Medical Emergency
Vacations
Vacations
Vacations
Unplanned home
expenses
Unplanned home
expenses
Unplanned home
expenses
FAQ
FAQ
Who can apply?
How do I avail the loan?
Can I pledge my investments outside of Scripbox as well?
What is my credit limit?
Are there any funds that I'm not eligible to pledge?
Is there a minimum loan amount that should be met?
What happens if the portfolio value dips below the eligible limit?
What are the costs involved?
Who can apply?
How do I avail the loan?
Can I pledge my investments outside of Scripbox as well?
What is my credit limit?
Are there any funds that I'm not eligible to pledge?
Is there a minimum loan amount that should be met?
What happens if the portfolio value dips below the eligible limit?
What are the costs involved?
Scripbox offers this service through Wealth Managers (India) Private Limited – a Scripbox Company, registered with SEBI as a registered Portfolio Manager
(Registration No.: INP000001660)
© Scripbox Advisors Private Limited 2021
