Banks Promote Loan Against Mutual Funds as Lower-Cost Credit Alternative

Banks are increasingly positioning Loan Against Mutual Funds as a cost-effective alternative to unsecured personal loans. By pledging mutual fund units, borrowers can secure funds at comparatively lower interest rates and flexible repayment terms. Leading banks such as ICICI Bank offer LAMF through digital platforms, enabling faster approvals and seamless portfolio linkage. Industry experts note that LAMF works best for temporary cash needs rather than long-term borrowing. Apply Now