HDFC Bank - online loan against mutual funds ..! - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Friday, June 01, 2018

HDFC Bank - online loan against mutual funds ..!


HDFC Bank -  online loan against mutual funds ..!

HDFC Bank has partnered with CAMS to allow customers to avail loans against mutual funds (MFs).
Although availing loan against MF units is a facility that has been around for long, this is the first time a bank has partnered with a MF transfer agent and made the loan process entirely online.

Loans against mutual funds can be availed in 3 steps via Net banking:
First, you have to log into myCAMS via HDFC Bank’s Netbanking portal and select which mutual funds you want to pledge from your portfolio.
Next you have to click on loan terms & conditions.

Once you input the one-time password (OTP), the overdraft will be ready to use in your account.

HDFC Bank - online loan against mutual funds ..! Reviewed by S. Chitra on June 01, 2018 Rating: 5 HDFC Bank -  online loan against   mutual funds ..! HDFC Bank has partnered with CAMS to allow customers to avail loans against mutua...

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