Several platforms in India let you take a loan against mutual funds — SLiQ, Volt Money, Mirae Asset, smallcase, and large banks among them. SLiQ stands out on a combination of factors: rates starting at 9.99% p.a., zero processing and prepayment charges, 7 RBI-regulated lending partners, no upper limit on loan amount, no CIBIL impact, and disbursal within 6 hours. This article walks through what makes SLiQ different, and includes a full head-to-head comparison table against the other major LAMF platforms in India.
There are several platforms that offer loans against mutual funds in India. So why do thousands of investors choose SLiQ? The answer is not just one thing — it's a combination of rate, speed, lender choice, and a process that genuinely respects your time. Here's a detailed look at what makes SLiQ different.
1Rates Starting at 9.99% p.a.
Most personal loans charge 14% to 30% per year. SLiQ's loan against mutual funds starts at 9.99% p.a. — one of the lowest rates available for this product in India.
And unlike personal loans that charge interest on the full sanctioned amount, SLiQ charges interest only on the amount you actually withdraw, calculated daily. If you have a credit limit of Rs 7 lakh but withdraw only Rs 2 lakh, you pay interest on Rs 2 lakh only.
2Zero Prepayment Charges
SLiQ charges zero prepayment or foreclosure charges, and a one-time platform fee of ₹1,499 for 3 years. So there are no hidden costs at setup and no penalty for repaying early.
3Multiple Lenders, One Platform
Most platforms lock you into a single lender. SLiQ works with 7 RBI-regulated lending partners:
- Tata Capital
- Bajaj Finance
- Jio Financial Services
- ICICI Bank
- Aditya Birla Capital
- Geojit
- Infina
This means you can compare rates and terms across lenders and choose what works best for your portfolio — all from one place. No running around. No separate applications.
4Funds in Your Account Within 6 Hours
From the time you complete your application to the time money hits your bank account, SLiQ processes loans within 6 hours. The entire process is digital:
- Introduce Yourself — Link your PAN. See your eligible loan amount instantly.
- Choose Securities — Select the mutual fund folios you want to pledge.
- KYC Verification — Aadhaar-linked OTP. Done in 2 minutes.
- Digital Pledge — Lien marked via CAMS or KFintech with OTP. Funds credited to your bank account.
No branch visits. No physical documents. No follow-up calls.
5Minimal Documentation
SLiQ requires:
- PAN
- Aadhaar-linked mobile number for OTP
- Bank account details
That's it. No salary slips. No income tax returns. No bank statements. No credit score check.
6No CIBIL Impact
SLiQ does not run a hard CIBIL inquiry — not even during the eligibility check. Your credit score is completely unaffected, whether you proceed with the loan or not.
This makes SLiQ a particularly good option for self-employed individuals, business owners, and retirees who may not meet traditional lending criteria.
7No Upper Limit on Loan Amount
Most platforms cap the maximum loan at Rs 1 crore to Rs 3 crore. SLiQ has no upper limit — the loan amount is determined entirely by the value of the portfolio pledged. For investors with larger portfolios, this is a significant advantage.
The minimum loan amount is Rs 10,000, making SLiQ accessible for smaller needs as well.
8Borrow, Repay, Repeat — No Reapplication
SLiQ's loan works as a revolving credit facility. Once your limit is set up:
- Withdraw any amount, anytime (minimum Rs 10,000)
- Repay anytime — zero prepayment charges
- Every repayment immediately restores your available limit
- Draw again without reapplying
9Your Investments Stay Invested
When you borrow through SLiQ, your mutual funds are not sold. A lien is placed on the pledged units — they remain in your CAMS or KFintech folio, keep earning NAV appreciation, and your SIPs continue to run.
Zero capital gains tax triggered. Zero exit load. Your portfolio keeps compounding while you meet your financial needs.
10Backed by Rainmatter (Zerodha)
SLiQ is built by ValuEnable and backed by Rainmatter — Zerodha's investment fund. It has been featured in Cafe Mutual, NDTV, CNBC TV18, and Free Press Journal.
SLiQ's loan specialists are also available on WhatsApp for personalized guidance through every step — eligibility, pledge process, disbursement, or closure. No chatbots. No ticket queues. A real person who understands LAS.
11How SLiQ Compares to Other LAMF Platforms in India (2026)
| Parameter | SLiQ | Volt Money | Mirae Asset | smallcase | Other Large Banks |
|---|---|---|---|---|---|
| Interest rate — starting | Starts at 9.99% | Starts at 9.99% | 10.25% | Starts at 9.99% | 9.50% – 10.50% |
| Processing fee | Zero | ₹999 onwards | Starting ₹999 | ₹999 – ₹4,999 | 0.5% (₹500–₹1,500) |
| Prepayment charges | Zero | Nil | Not disclosed | Nil | Nil |
| Disbursal time | Under 6 hours | 4 hours | 4 working hours | Under 2 hours | Same day |
| 100% digital | ✓ | ✓ | ✓ | ✓ | Partial |
| Branch visit required | No | No | No | No | Sometimes |
| LTV — equity funds | Up to 50% | Up to 70% | 45% | 45% | 50% |
| LTV — debt funds | Up to 80% | Up to 85% | 80% | 75% | 80% |
| Minimum loan amount | ₹10,000 | ₹10,000 | ₹25,000 | ₹25,000 | ₹50,000 |
| Maximum loan amount | No upper limit | ₹1 crore | ₹3 crore | Based on portfolio | ₹1 crore (debt) |
| CIBIL score required | No | Checked, no minimum | Not disclosed | Not disclosed | Yes |
| Overdraft facility | ✓ | ✓ | ✓ | ✓ | ✓ |
| SIP continues during pledge | ✓ | ✓ | ✓ | ✓ | ✓ |
| Other products offered | ✓ Yes | ✗ | ✗ | ✗ | ✗ |
Data sources: Publicly available information from competitor websites, Google Play listings, and financial comparison platforms as of July 2026. Interest rates are indicative starting rates and may vary based on borrower profile and lender discretion. SLiQ data reflects current product offerings. Verify all competitor data independently before publishing.
12SLiQ at a Glance
| Interest rate | Starting at 9.99% p.a. |
| Disbursement | Within 6 hours |
| Lending partners | 7 RBI-regulated lenders |
| Processing fee | Zero |
| Prepayment charges | NIL |
| Documents | PAN + Aadhaar OTP only |
| CIBIL impact | None |
| Loan tenure | Up to 36 months |
| Minimum loan | Rs 10,000 |
| Maximum loan | No upper limit |
| Eligible age | 18 – 70 years (70+ available via Geojit) |
Most lenders cap loan against mutual fund eligibility at 70 years. SLiQ, through its lending partner Geojit, extends this to borrowers above 70 — making it one of the few platforms where senior investors can access liquidity from their mutual fund portfolio without redeeming.
For the full interest-rate math against a personal loan, see Loan Against Mutual Funds vs Personal Loan: Which Is Cheaper in India?
If you hold mutual funds and need liquidity, SLiQ gives you the fastest, most cost-effective way to access funds — without selling your investments, without a credit score check, and without paperwork.
Check your eligible loan amount — free, instant, no CIBIL check.
Disclaimer: Interest rates, eligibility criteria, and charges are indicative and may vary by lender, fund type, and borrower profile. Competitor data is sourced from publicly available information and is provided for informational purposes only. This article does not constitute financial advice. Please read all scheme-related documents carefully before pledging. Backed by Rainmatter (Zerodha).
