50Fin: Loan against Securities

Description

Unlock the Power of Your Investments with 50Fin – Fast, Secure, & Hassle-Free Loans Against Mutual Funds & Stocks! 🚀

Maximize the potential of your mutual fund and stock investments with 50Fin – the platform that enables you to unlock liquidity by pledging your assets as collateral. Skip the lengthy paperwork, credit checks, and enjoy instant loan approval and quick disbursals.

Why 50Fin?
✅ Instant Loan Approval – No waiting, no hassle
✅ No Minimum CIBIL Required – Easy access for more investors
✅ Quick Disbursal – Get your loan within hours
✅ Zero Preclosure Charges – Repay anytime without penalties

How 50Fin Works:
Fetch Your Portfolio: Connect and assess your mutual fund or stock portfolio instantly.
Pledge Your Assets: Select mutual funds or stocks as collateral to unlock funds.
e-Agreement & e-Mandate: Complete your loan process digitally in just a few clicks.

What Makes 50Fin Different?
🎯 Instant Approvals – Based on your portfolio, with a minimum of ₹50,000 in mutual funds or ₹2,00,000 in stocks.
📈 10,000+ Mutual Funds & 1000+ Stocks Covered – We support a wide range of investments.
🔐 Transparent Terms – Simple interest at 10.45% per annum with no hidden fees or EMI complexities.

Eligibility & KYC Checklist:
➡️ Mutual Funds & Stocks Accepted
➡️ Age: 18 to 65 years
➡️ Minimum MF Portfolio: ₹50,000
➡️ Minimum Stock Portfolio: ₹2,00,000
➡️ Indian Nationality & Regular Bank Account
➡️ Required Documents: Aadhaar, PAN, Selfie Verification

Stay Ahead with 50Fin:
🌟 Partners in Growth – Proudly partnered with Bajaj Finserv
📅 Flexible Repayment – Repay whenever you want, with no pre-closure charges
📱 Manage Your Loan on the Go – Easily track your payments and loan schedule using our app

Minimum period for repayment - 60 Days
Maximum period for repayment - 3 Years
Maximum Annual Percentage Rate - 10.5%

Visualize Your Loan Experience:
Principal Amount => ₹1,00,000
Annual Interest Rate(APR) = 10.5%
Tenure => 36 Months
Pay only Interest for 36 months = ₹875 x 36 = 31,500. (The principal amount needs to be repaid at the end of the loan tenure)
Processing Fee = Starting from ₹999 + GST
Total Loan Repayment Amount = ₹1,31,500 (Principal and Interest)
Total Cost of Loan = Interest Amount + Processing Fees = ₹31,500 + ₹999 = ₹32,499 (Excluding GST)

Note: We do not provide Personal Loans
NBFC Partner: Bajaj Finserv Ltd.

Links:
🔗 Visit Our Website: 50Fin
🔒 Privacy Policy: 50Fin Privacy
📧 Contact Us: [email protected]