Poging GOUD - Vrij
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
Dit verhaal komt uit de January 11, 2025-editie van Financial Express Kochi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Kochi
Financial Express Kochi
Venugopal appointed Reliance Retail CEO, president
RELIANCE RETAIL VENTURES, the holding entity of the country’s leading retailer Reliance Retail, has appointed former Flipkart executive Jeyandran Venugopal as its president & CEO.
1 min
December 04, 2025
Financial Express Kochi
FM: States to benefit from tobacco excise duty hike
© Proceeds to be part of the divisible pool
2 mins
December 04, 2025
Financial Express Kochi
Top Indian artists' works fetch ₹310 cr in a year: Report
AMOUNTS FETCHED BY the sale of theworkby top-50 Indian artists alive rose by a moderate 3% to ₹310 crore in the year, a report said on Wednesday.
1 min
December 04, 2025
Financial Express Kochi
Sanchar Saathi pre-installation order revoked
Govt says spike in downloads hints at app gaining traction
1 min
December 04, 2025
Financial Express Kochi
IIT K sets Day 1 placement record with 672 job offers
THE INDIAN INSTITUTE of Technology Kanpur (IIT K) kicked off its 2025-26 campus placement season with 672 job offers on the first day, a 16% increase over last year.
1 min
December 04, 2025
Financial Express Kochi
Rupee risks steeper fall on tariff woes, weak FDI
Slide in exchange rate underscores divergence in India’s macro data
2 mins
December 04, 2025
Financial Express Kochi
Silver hits record high
SILVER TRADED NEAR a record high as traders bet on further monetary easing by the Federal Reserve and supply tightness. Gold slipped.
1 min
December 04, 2025
Financial Express Kochi
Meesho’s ₹5,421-cr IPO booked 2.35x on Day 1
THE INITIAL PUBLIC offering (IPO) of SoftBank-backed e-commerce firm Meesho received 2.35 times subscription on the first day of share sale on Wednesday, helped by across the board investors’ participation.The three-day IPO got bids for 65,40,18,165 shares against 27,79,38,446 shares on offer, as per NSE data.
1 min
December 04, 2025
Financial Express Kochi
Rupee cracks below 90 to the dollar
HOWEVER, UDAY KOTAK, Founder & Director of Kotak Mahindra Bank, urged Indian businesses to break out of their comfort zone, warning that foreign investors appear to be calling the shots in current market dynamics.
2 mins
December 04, 2025
Financial Express Kochi
The ‘bot coolie’ trap
IT FIRMS MUSTAVOID REPLICATING THE LOW-COST IT SERVICES MODELIN THE AI SPACE
3 mins
December 04, 2025
Listen
Translate
Change font size