You are using an outdated browser. Please upgrade your browser to improve your experience.
50Fin

Get ready to unlock the value of your mutual fund investments within 7 minutes

Get ready to unlock the value of your mutual fund investments within 7 minutes

50Fin

by FIFTY FINTECH PRIVATE LIMITED
50Fin
50Fin
50Fin

What is it about?

Get ready to unlock the value of your mutual fund investments within 7 minutes.

50Fin

App Details

Version
2.3.3
Rating
NA
Size
65Mb
Genre
Finance
Last updated
October 22, 2024
Release date
April 15, 2023
More info

App Screenshots

50Fin screenshot-0
50Fin screenshot-1
50Fin screenshot-2
50Fin screenshot-3

App Store Description

Get ready to unlock the value of your mutual fund investments within 7 minutes.
50Fin revolutionizes the lending game by offering instant, hassle-free loans against your Mutual Funds. No paperwork, No credit checks – just fast approvals and disbursal within 4 working hours. It's as easy as 1-2-3:

- Fetch Your Portfolio
- Pledge Your Mutual Funds
- Complete e-Agreement & e-Mandate

With 50Fin, get access to low-interest credit products that empower you to seize opportunities.

Features:
- Instant 7-Minute Approval
- No Minimum CIBIL or Income Proof Required
- Money in Your Account Within 4 Hours
- 100% Digital, 0% Hassle
- Zero Preclosure Charges

Visualize Your Loan Experience:
- Loan Amount: ₹1 lakh
- Interest Rate: 11% per annum (simple interest)
- Tenure: 12 months (pre-closure without penalty)
- Monthly Interest Payment: ₹916.67 for 12 months
- Processing Fee: ₹999 + GST
- Total Loan Repayment Amount - ₹ 1 lakh + monthly interest amount
- At the end of the 12th month, the borrower repays the principal amount in addition to the last interest amount of ₹916.67
- Total Cost of Loan = ₹11,000 as interest, ₹999 + GST as processing fee


How does 50Fin Stands Out?
- Instant Approval, No Hassle
Your portfolio is the key to instant approval with a minimum of ₹50,000 in mutual funds.
- 7,000+ Mutual Funds Covered
We've got your back with a wide array of mutual fund schemes.
- Simple Interest, No EMI
No complexity – Just a flat 11% per annum rate. No strings attached!



Eligibility and KYC Checklist:
- Only Mutual Funds Accepted
- Age Range: 18 to 65 years
- Minimum MF Portfolio: ₹50,000
- Indian Nationality & Reputed Bank Account

- KYC Documents: Aadhaar, PAN, Selfie Verification

Stay Ahead with 50Fin:
- Partners in Prosperity
Our esteemed partners include Bajaj Finserv & Cholamandalam Finance.
- Flexible Repayment
Repay anytime with no pre-closure charges.
- Manage on the Go
Our app lets you effortlessly manage payments and schedules.

Key Points to Keep in Mind:
- Collateral is Your Mutual Fund Portfolio
- No Pre-closure Charges, Ever!
- 11% Annual Simple Interest
- Processing Fee Starts at ₹999 + GST

Lending Partners:
Bajaj Finserv & Cholamandalam Finance
- Visit Our Website: https://www.50fin.in/
- Privacy Policy: https://www.50fin.in/privacy-policy
- Contact Us: support@50fin.in

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to takedown@appadvice.com and your information will be removed.