How to get it? Who gives the best and hassle-free, and quick?
Do you agree?
Best Options in India (Updated for 2025)
| Platform / Bank | Interest Rate (Approx.) | LTV (Loan % of NAV) | Processing Time | Notes |
|---|---|---|---|---|
| Bajaj Finserv | 9% – 11% | Up to 80% | Fast (1–2 days) | Fully online process |
| HDFC Bank | 9.5% – 11.5% | 50% – 70% | 2–4 days | Branch visit may be needed |
| ICICI Bank | 10% – 12% | 50% – 80% | 2–4 days | Accepts most ELSS funds |
| Axis Bank | 10% – 12% | 70% – 80% | 2–3 days | Competitive for mutual fund-backed loans |
| Zerodha/GoldenPi | ~10.5% via NBFCs | 60% – 70% | Fully digital | May offer through partners |
| Groww / Kuvera | 10.5% – 12.5% | 50% – 70% | Fully digital | App-based loans |
Solution to what?
It says “You do not have any approved stocks,” but I have those mutual funds…
Please check the approved list of mutual funds (& stocks) listed here. If you are trying to pledge ELSS funds, note that we don’t allow pledging of ELSS funds since they have a lock-in period, and it will not be possible for us to redeem these funds in case of a loan default.
But you can sell during maturity, right? Which is just 6 months away?
Zerodha Capital will not know when the units are to come out of the lock-in period, and hence this becomes a challenge. If someone has an SIP in ELSS funds, every investment will have a different date for the units to come out of lock-in. Hence, this becomes difficult to track.