कोशिश गोल्ड - मुक्त
Loan Against MF Units Cheaper Than Personal Loan
Financial Express Kochi
|January 11, 2025
● How should I apply for a loan against my mutual funds? Will the interest rate be lower than that of a personal loan?
● How should I apply for a loan against my mutual funds? Will the interest rate be lower than that of a personal loan? -Arvind Iyer
Yes, you may look for a loan against securities like your mutual funds. However, the loan amount will be about 50% of the value of the equity schemes and 80% of the value of debt schemes. The effective interest rate will be lower than a personal loan.
● Last year I took an education loan from Kaveri Grameen Bank for my son to study abroad. Can I shift the loan to another bank with lower interest rate?
-Subash Arora
यह कहानी Financial Express Kochi के January 11, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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