Short answer: Volt Money, Mirae Asset and Bajaj Finance offer fully digital loans against mutual funds in minutes; banks such as SBI (YONO), ICICI Bank (iMobile), IDFC FIRST and HDFC Bank offer them to their customers. Rates start from about 7% to 11.5%; fees range from nil to 4.72% of the limit.
Last verified: 12 October 2026 from each lender’s official website and, where marked, its Google Play listing. FundsTiger does not rank lenders; tables are sorted by the figure in question, and the right choice is the one with the lowest APR you are actually offered.
| Provider | Digital process | Rate | Processing fee | LTV |
|---|---|---|---|---|
| Volt Money | Yes; MF Central OTP, no statement upload; about 10 minutes | 10.49% to 12% a year (FAQ); another line says from 9% | From ₹999, varies with amount and stamp duty | Not stated (DSP Finance: equity 50%, debt 80%, liquid 90%) |
| Mirae Asset Financial | Yes; MF limit in about 15 minutes | 10.25% a year flat (APR 10.26% to 27.04%) | ₹999 + taxes (longer tenures ₹1,299 to ₹1,499) | Equity funds and shares 45%; debt funds up to 80% |
| Bajaj Finance LAS | Yes; CAMS and KFintech fetch with OTP | 7% to 12.25% a year | Up to 4.72% including taxes | Shares up to 50%; mutual funds up to 90% depending on type |
| IDFC FIRST Bank LAS | Yes, app only; holdings fetched through MF Central | 9.50% a year, floating (repo + 4.25%) | Nil | Margin of 20% to 50% by investment type |
| SBI Loan Against Mutual Funds | Yes, via YONO or net banking; CAMS lien by OTP | 11.50% a year, floating (1-year MCLR + 2.5%) | 0.50% + GST (minimum ₹500, maximum ₹5,000; FAQ says ₹1,000 to ₹10,000) | Equity funds 50%; debt funds 75% |
| ICICI Bank LAS | Yes, via iMobile or net banking; lien on CAMS funds | 10.75% to 11.75% a year (actual Jul to Sep 2026: 8.25% to 11.75%) | Up to 2% of the sanctioned limit | Shares up to 55%; equity funds 70% (some pages say 50%); debt funds 80%; ETFs 50% |
| HDFC Bank LAS | Digital LAMF and digital loan against shares | From 10.75% a year | ₹1,499 digital; ₹3,500 physical | Shares 50%; equity funds 50%; debt funds 85%; insurance 80% of surrender value |
| Axis Bank LAS | Yes, 24×7 digital LAS “in 3 minutes” | 11.50% a year (repo 5.25% + 6.25%), reset quarterly | ₹2,500 + GST | Up to 85% of value (no split by type published) |
| Tata Capital LAS | Yes; 24 to 48 hours | 9.5% to 14% a year | Up to 3% + GST | Up to 70% of security value (FAQ says 50% for shares and funds) |
| Zerodha Capital | Yes; pledge in Kite or Console; within 1 working day | 11% (₹25,000 to ₹50 lakh), falling to 10% above ₹5 crore; fixed at disbursal | 0.25% + GST, capped at ₹25,000 | 45% of value |
See the cost of using ₹2 lakh from a ₹5 lakh limit at each provider on our LAMF rates page.
Compare them side by side
HDFC Bank LAS vs ICICI Bank LAS · HDFC Bank LAS vs SBI Loan Against Mutual Funds · ICICI Bank LAS vs Axis Bank LAS · Axis Bank LAS vs IDFC FIRST Bank LAS · SBI Loan Against Mutual Funds vs ICICI Bank LAS · Bajaj Finance LAS vs Tata Capital LAS · Volt Money vs Mirae Asset Financial · Bajaj Finance LAS vs Mirae Asset Financial · Zerodha Capital vs HDFC Bank LAS · SBI Loan Against Mutual Funds vs Volt Money · All comparisons
Before you apply
- Find the lender’s name in the app and check it on RBI’s list of digital lending apps or our RBI-registered NBFC search.
- Read the Key Fact Statement (KFS) before you accept. It must show the APR, every fee and the total you will repay.
- Never pay a fee before the loan is disbursed. Regulated lenders deduct fees from the loan or add them to the EMI.
- Apply to one or two lenders, not ten. Each application is a hard enquiry on your credit report.
- Check that the EMI fits your budget with our FOIR calculator.
Want to see offers from several RBI-regulated lenders in one place?
Frequently asked questions
Do I have to sell my mutual funds?
No. Units are pledged (lien-marked) and stay invested. You keep the gains, but if NAVs fall you may need to repay part or pledge more.
Which funds can I pledge?
Most open-ended equity, debt and hybrid funds on the lender’s approved list. ELSS units in lock-in usually cannot be pledged.
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Disclosure: FundsTiger (Gatimaan Finance Advisors Pvt. Ltd.) is a loan marketplace and lending service provider for RBI-regulated lenders. Aparampaar Finance Pvt. Ltd. (Omozing), one of those lenders, is a related party of FundsTiger. This article is general information, not financial advice. Read your loan agreement and KFS before you decide.