Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
FacilityOverdraft secured by a lien on eligible mutual-fund units; interest applies only to the amount used
Source 1Eligible collateralMutual-fund schemes of AMCs registered with CAMS; the published digital route is limited to eligible debt and equity funds
Source 2Published loan rangeMinimum ₹25,000; maximum ₹20 lakh against equity, hybrid or ETF funds and ₹5 crore against debt or FMP funds; digital equity maximum ₹10 lakh
Source 3Published margin50% for equity, hybrid and ETF funds; 25% for debt and FMP funds
Source 4Current published rate9.95% p.a. effective 15 August 2025, based on one-year MCLR of 8.70% plus 1.25%Effective 15 Aug 2025
Source 5Processing and renewal chargesProcessing: 0.50% of loan amount, minimum ₹500 and maximum ₹5,000, plus GST; annual review or renewal: ₹1,000 plus applicable tax
Source 6Application channelsYONO, SBI Internet Banking, SBI website or branch; joint holdings are branch-only and the online route requires matching single-name SBI and CAMS records
Source 7Benefits and features
- Borrow without redeeming eligible mutual-fund units
- Digital overdraft route for qualifying single-name customers
- Interest charged on utilised overdraft
- Debt and FMP ceiling up to ₹5 crore
- Branch access for joint holders
Eligibility
- Applicants must be over 18.
- The online route requires a single-name SBI savings or current account and single-name CAMS holding with matching PAN, mobile and email.
- Joint holders must use a branch.
- Mutual-fund values can fall and SBI may require continued margin coverage.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- No separate documents for the published online flow when existing records are current
- Branch application and photograph
- Identity proof and latest relevant mutual-fund statement for branch applications
- Lien-marking request and declaration