Get ready to unlock the value of your mutual fund investments within 7 minutes
50Fin
What is it about?
Get ready to unlock the value of your mutual fund investments within 7 minutes.
App Screenshots
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
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