Stop worrying. IDBI presents Loan Against Mutual Funds — your solution to short-term fund requirement. Loan Against Mutual Fund Units is an overdraft facility against your Mutual Fund Units. You can offer to pledge your eligible Mutual Fund Units as per the Bank's approved list in order to avail of this facility.

A pledge is created in favour of the Bank and the Drawing Power (DP) is calculated based on the applicable margins set by the Bank. Facility will be renewed after every 12 months depending on the performance of the account.

For further assistance, please feel free to talk to your Relationship Manager at the nearest branch or email us at capitalmarketgroup@idbibank.com

• Attractive interest rate
• Approved list of 168 Mutual Fund units click
• Loan to value up to 50% against Equity based Mutual Fund units
• Facility for withdrawal or swapping of Mutual Fund units
• Comprehensive single booklet documentation
• Interest charges levied at the end of every month only on the amount withdrawn
• Most convenient mode of advance for the customer as it allows to draw funds when required

Available at all IDBI branches click