Loan Against Mutual Funds

At Piramal Enterprises Limited, we provide Loan against Pledge of Mutual Funds

Loan Against Mutual Funds (LAMF) is a loan offered to customers against lien of Mutual Funds.

It is a Flexi Loan – Disbursement in one or more tranche(s) which enables customers to withdraw money as per their requirement. Interest is charged only on utilized amount for the period of utilization.

To avail this product, all you have to do is to, Lien/pledge your Mutual Funds and get access to liquidity.

Our Loan against Mutual Fund offers you double benefits – easy access to funds up to Rs.2 Crore while you continue to earn Compound Annual Growth Rate (CAGR) against your financial assets.

Benefits of Product

  • Loan at your Doorstep
    • Account activation within 15 minutes.
    • Online lien marking facility
  • Hassle Free process
    • Minimal Credit process – No financials Required for Loans up to 1 Cr.
    • Funds withdrawal (Including Saturday and Sundays)
  • Minimal Processing Fees and No Foreclosure Charges.
  • Wide Range of collateral, Higher LTVs against debt funds.
  • Presence in Top 50 Cities of India, with personalize RM Services.


LAMF Product will help you to meet your Personal/ Business needs without liquidating your investment. You can raise funds instantly in case of any emergency.

LAMF Product is offered to Individuals (Only Resident Indians).

  • Salaried
  • Self-Employed Professionals
  • Self-Employed Non-Professionals

Customers can avail minimum Loan Amount of Rs 50,000 (50K) and Maximum of 2,00,00,000 (2 Crore).

Loan Tenure is 1 Year in LAMF Product. Customer can further Renew Loan facility 2 times for 1 year each.

Minimum age Limit to avail LAMF facility is 21 years while permitted Maximum age is 65 Years.

  • Interest is calculated on the basis of daily outstanding balance and debited in LAMF Loan account on the last working day of the month.
  • Interest is charged on amount used and for the period it is used
  • Interest needs to be paid on or before 5th day of every month.
  • A monthly notification shall be sent to Customer informing about the interest due. Interest will be collected through ECS. (Currently we do-not accept repayment by cheque).
  • Interest: Interest to be serviced on a monthly basis and Principal as a bullet repayment at the end of loan tenor

Customers can withdraw and repay loan any time. There are no charges for any early payments.

Yes. Customers doesn’t need to have any prior relationship with Piramal, to open LAMF Account.

Client can Lien any number of Mutual funds Schemes. Limit will be provided against approved scripts only.

Yes, client can Un-lien his mutual funds (up to excess margin) by requesting Piramal Enterprise Ltd.