What are the steps to avail of Digital Loan Against Mutual Funds?
Steps to follow:
- Download app & register yourself
- Select type of mutual funds (viz equity or debt mutual funds)
- Complete one-time KYC registration with PAN & Aadhar details
- (Details can be fetched directly from Digilocker if your Aadhar is linked with your mobile number)
- Lien mark at RTA's (CAMS / KFintech) portal through One-Time Password (OTP) authentication
- Verify your bank account online via e-mandate
- Read & sign loan agreement online with OTP authentication
- Your Loan Against Mutual Funds limit is ready