Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
FacilityOverdraft secured by a lien on eligible mutual-fund units; interest applies only to the amount usedView source
The units need not be redeemed and can continue earning investment returns, subject to market risk and lien terms.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Features and
- Accessed
- 13 Aug 2026
- Confidence
- high
Eligible collateralMutual-fund schemes of AMCs registered with CAMS; the published digital route is limited to eligible debt and equity fundsView source
Actual scheme eligibility and unit value are checked during lien marking.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Features
- Accessed
- 13 Aug 2026
- Confidence
- high
Published 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 lakhView source
The applicable ceiling depends on fund type and channel and remains subject to margin and appraisal.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Features — loan amount
- Accessed
- 13 Aug 2026
- Confidence
- high
Published margin50% for equity, hybrid and ETF funds; 25% for debt and FMP fundsView source
Market movements can affect collateral coverage and available drawing power.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Features — Margin
- Accessed
- 13 Aug 2026
- Confidence
- high
Current published rate9.95% p.a. effective 15 August 2025, based on one-year MCLR of 8.70% plus 1.25%Effective 15 Aug 2025View source
The current shared rate table supersedes older rates or generic promotional widgets.
- Source
- Loans Against Securities and Bank Time Deposits — Rate of Interest
- Page / section
- Loans Against Securities rate table
- Accessed
- 13 Aug 2026
- Confidence
- high
Processing and renewal chargesProcessing: 0.50% of loan amount, minimum ₹500 and maximum ₹5,000, plus GST; annual review or renewal: ₹1,000 plus applicable taxView source
The page says renewal is currently handled through physical channels.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Features — fees
- Accessed
- 13 Aug 2026
- Confidence
- high
Application channelsYONO, SBI Internet Banking, SBI website or branch; joint holdings are branch-only and the online route requires matching single-name SBI and CAMS recordsView source
Online eligibility requires identical , mobile number and email across the account and holding.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Eligibility and Documentation
- Accessed
- 13 Aug 2026
- Confidence
- high
Loan typeLoan against eligible mutual-fund units; available through branch and online channels subject to the single-name account, PAN, mobile and email matching rules.View source
The official page identifies mutual-fund units as security and distinguishes branch from online eligibility.
- Source
- Loan Against Mutual Fund Units
- Page / section
- Eligibility; Eligible security
- Accessed
- 28 Aug 2026
- Confidence
- high
TenureUp to 12 months; the account may be renewed for another 12 months through the stated channels after payment of the applicable renewal charge.View source
The current states a 12-month maximum and a further 12-month renewal option.
- Source
- Loan Against Mutual Fund Units
- Page / section
- — maximum period and renewal
- Accessed
- 28 Aug 2026
- Confidence
- high
Prepayment / foreclosureNo prepayment penalty is published for the online loan against mutual fund units.View source
The official answers that there is no prepayment penalty.
- Source
- Loan Against Mutual Fund Units
- Page / section
- — pre-payment penalty
- Accessed
- 28 Aug 2026
- Confidence
- high
APRSBI publishes an effective annual interest rate for this security-backed loan, but no separate APR calculation or APR figure appears on the reviewed product page or the linked official rate table.Effective 15 Aug 2025View source
Both reviewed official sources quote interest and fees but do not publish an field or methodology.
- Source
- Loan Against Mutual Fund Units and official rate table
- Page / section
- Full product page; linked Loans Against Securities rate table
- Accessed
- 28 Aug 2026
- Confidence
- high
Rate basisOne-year MCLR plus 1.25 percentage points; the SBI rate table lists 8.70% one-year MCLR and 9.95% effective interest for mutual-fund units (effective 15 August 2025).Effective 15 Aug 2025View source
The published table lists Loan against Mutual Fund Units at 8.70% one-year , a 1.25% spread and 9.95% effective interest.
- Source
- Loans Against Securities — rate table
- Page / section
- Loan against Mutual Fund Units — effective interest rate
- Accessed
- 29 Aug 2026
- Confidence
- high
Income / eligibility conditionApplicants must be individuals above 18 with a steady source of income; SBI does not publish a rupee minimum-income threshold for this facility.Effective 13 Feb 2026View source
specifies age above 18 and a steady source of income, together with single-name and holdings and matching identity details, but gives no numeric income cut-off.
- Source
- Loan Against Mutual Fund Units — official product page
- Page / section
- Eligibility and 9 — Who is eligible
- Accessed
- 29 Aug 2026
- Confidence
- high
Maximum period12 months, with an option to renew for a further 12 months after paying the applicable renewal charge.Effective 13 Feb 2026View source
The states a maximum period of 12 months and permits renewal for another 12 months on payment of the nominal renewal charge.
- Source
- Loan Against Mutual Fund Units — official product page
- Page / section
- 13–14 — maximum period and renewal
- Accessed
- 29 Aug 2026
- Confidence
- high
Maximum amountDebt and FMP ceiling up to ₹5 croreView source
The manually reviewed product summary states: “Debt and FMP ceiling up to ₹5 crore”.
- Source
- Loan Against Mutual Fund Units — official product page
- Page / section
- Published loan terms in product summary
- Accessed
- 13 Aug 2026
- Confidence
- high
Benefits 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 savings or current account and single-name holding with matching , mobile and email.
- Joint holders must use a branch.
- Mutual-fund values can fall and 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
Related official documents
Loan Against Mutual Fund Units — SBI official product pageofficial-product-page · current · accessed 29 Aug 2026
↗Loans Against Securities — SBI rate tableofficial-product-page · current · accessed 29 Aug 2026
↗SBI Loans Against Securities — official product pages and rate tableofficial-product-pages-and-rate-table · current · accessed 28 Aug 2026
↗SBI Loans Against Securities and Bank Time Deposits — Rate of Interestofficial-interest-rate-page · current · accessed 13 Aug 2026
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