Samit Shetty
Director - Chaitanya India Fin Credit Pvt. Ltd.
For many years, technology had been a barrier to our rapid expansion plans. With Finflux, technology is now our primary business accelerator.
What is Loan Against Mutual Funds (LAMF)?
Loan Against Mutual Funds (LAMF) is a financial solution that allows customers to borrow money by pledging their mutual fund holdings as collateral. It is a convenient way to meet short-term financial needs without liquidating investments.
What types of loan facilities are offered?
Our LAMF product provides:
- Term Loans: Fixed repayment schedule over a specific period.
- Overdraft (OD): Flexible borrowing within an approved credit limit.
How are shortfall alerts managed?
Our platform sends automated shortfall alerts in real time, notifying borrowers and institutions whenever the collateral value falls below the required margin.
How does margin monitoring and customer communication work?
Our platform continuously monitors the margin requirements for pledged securities. In case of margin shortfalls, it sends real-time alerts and notifications to customers to maintain compliance.
Is the platform scalable and compliant?
Yes, our LAMF solution is a fully scalable and compliant SaaS product designed to meet regulatory standards and cater to businesses of all sizes.
How are the market value and NAV updated?
The platform automatically updates the market value and NAV (Net Asset Value) of approved securities in real-time through standardized third-party integrations.
Can I define my own list of approved securities?
Yes, our platform allows you to define an approved list of mutual funds with customizable minimum and maximum LTV ratios, ensuring compliance with your institution’s policies.
Who can use the Loan Management System for LAMF?
Our LAMF solution is ideal for:
- Banks
- NBFCs
- Financial Institutions
