Get a cheaper, faster and safer loan against your mutual funds

Stop paying high interest on personal loans. Get a personal line of credit quickly and easily without any documentation. Interest Rate as low as 10%. All you need are existing mutual fund investments and an HDFC bank account.

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DD-11, 20th Floor
Oberoi Commerz II
Oberoi Garden City
Goregaon (East), Mumbai - 400063

+91 7977467996


Moneyjar is trusted by thousands of customers

Step-by-step Instructions

We mean quick when we say it. It's secure, fast and easy - no documentation or income proofs. No long lines. No probing questions from your RM.

Provide Basic Information

Provide us your basic details and log on to the HDFC platform to get started. Remember to use our partner code to get the best interest rates!


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Moneyjar is an online financial ecosystem that makes money management easy & rewarding for everybody.

Low Rate of Interest v/s personal loans

Escape from high interest personal unsecured loans. Current Rate of Interest is 10.85%*. Less Interest = More money for you.

Free yourself from the hassles of never ending documentation and waiting in banks to get your loan disbursed.

Avail Loan Easily without documentation

No-EMI Flexible Use and Repayment

It's simple - borrow as much as you want, when you want and repay when you are able to. No fixed EMI's and you only get charged interest on the net borrowed amount.

The only solution for your borrowing needs

Need money until your next salary is credited? Don't want to redeem your mutual fund investments but need liquidity? Want to pay off a high interest credit card bill? Self employed and banks wont give you a personal loan? Now there is a solution powered by India's biggest bank - HDFC Bank.

Unlock The Potential of LAMF

See for yourself how easy it is to avail of a loan against mutual funds online. Loan against mutual funds are one of the best kept secrets of the financial services industry - not any more.


Choose your funds and loan amount

Choose which mutual funds you want to a loan against and get instant information on loan amount. You are just setting a max limit - borrow as much as you want, when you want.

Get money in your HDFC account

Once you complete the basic process above, the loan amount can be accessed immediately.

How is this different from a personal loan?

Loan against Mutual Funds is an Overdraft Loan. Overdraft Loans are very powerful - read below to know how they can be used to your advantage


Loan against MF

✔ Low Interest Rates (~10%)
✔ Flexible Repayment

✔ No Documentation or income proof
✔ 3-minute online disbursement

✔ One Loan Account for varied needs



High interest rates (>15%)
Fixed compulsory EMI
Complicated documentation
Regular Income Proof
Multiple Loans affect CIBIL score

Personal Loan

Let's get started - check out the new way to get money for your needs

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You need to be an HDFC Bank customer to get this loan.

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I have grown to expect Moneyjar to provide the best of services, whether it was investing through their jars or borrowing against mutual funds. Their advice and easy to use platform is well appreciated!  - Ashish P.

Never knew that I could borrow against my mutual fund investments. Now I don't have to worry about running out of money beore my salary is credited. I always have a ready line of credit in case of need. Thanks to Moneyjar! - Sahil R.

Don't need a loan but want to invest in mutual funds instead?



What is a Loan against Mutual Fund?

Loan against Mutual Fund is a loan taken by providing mutual fund investments as security. As mutual fund prices are widely known, there is very little additional documentation required to complete the process (no income proof, etc. required). Also, due to the inherent safety of mutual funds, banks provide the loan at a lower cost to you. The typical funding margin is 50% of equity mutual fund investment and 80% of debt mutual fund investment. 

The loan is given as an overdraft loan.

What is overdraft loan?

Overdraft loan is where a maximum line of credit is set for you and you can choose to borrow as much as you like and repay when you can. The interest charged is only on the net borrowed amount as compared to a personal term loan where you are charged interest on entire amount outstanding.

For example, if you have 10 Lakhs worth of equity mutual funds, you will be given a maximum line of credit of 5 Lakhs - this is the maximum amount you can borrow at any given time. However, interest is not charged on 5 lakhs but on the net amount you borrow.

So, if you borrow 1 lakh today and then repay 20,000 you are only charged interest on net borrowed amount - 80,000. Your net borrowed amount can never be more than 5 lakh.

You can increase maximum limit by providing further mutual funds as security.

What is the procedure?

You provide us basic details. You are then redirected to the HDFC loan platform where you login using your netbanking credentials. Here you provide some more details and input our channel partner code to get a great rate of interest. Once you enter this, you are redirected to the CAMS platform. Here you choose which funds you want to borrow against. Do remember you will have to go through this process twice for debt and equity funds. Once this is done, you will see the line of credit setup in a separate overdraft account in your HDFC netbanking console.

Why can’t I see all my funds?

Currently, only mutual funds serviced by the CAMS RTA can be used. Those managed by Karvy, Franklin and Sundaram cant. Karvy funds will be added very soon.

Why do I have separate accounts for debt funds and equity funds?

According to RBI regulations, debt and equity products have different allowable margins and interest rate. In order to ensure this difference is honoured, there are separate current accounts.

Are there any limitations on amount of loan?

Minimum value of 1 Lakh and maximum value of 10L on Equity Funds and 1 Crore+ on Debt Funds. If you need a loan against equity funds > 10 Lakh, please whatsapp or call us at +91 7977467996.

What is the margin to which I get funded?

The typical funding margin is 50% of equity mutual fund investment and 80% of debt mutual fund investment. 

Can I get a loan online if I'm an NRI?

Currently only Indian Residents can avail this loan online. If you're an NRI and want a loan against mutual funds or shares, please call/whatsapp us at +91 7977467997 or email us at

Other than MF, what can I take a loan against?

Shares, Insurance, KVP, NSC, etc can also be used. Call/whatsapp us at +91 7977467997 or email us at to avail of the same.

Are there any processing fees associated with the loan?

Yes, there is a one-time processing fee of INR 999 + GST and loan franking charges varying from state to state (0.1% of loan amount in Maharashtra). All charges applicable will be part of the T&C that you go through before loan is disbursed.

How do I extinguish the loan?

You need to fill a De-pledge form that either we can provide or you can order from HDFC. Post this, you can sell your mutual fund holdings anytime you want.

Where can I contact if there are any issues?

Call/whatsapp us at +91 7977467997 or email us at