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    <title>ET Money, a 360 ONE company, launches Loans Against Mutual Funds</title>
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    <description>Digital Loans Against Mutual Funds (LAMF) lets investors obtain secured credit by digitally lien marking mutual fund units to partner NBFCs via ET Money&#039;s apps, preserving investment compounding. The facility provides instant eligibility checks, rapid disbursal as a flexible overdraft, interest charged only on amounts used for the period of use, no fixed EMIs, reusable lines without reapplication, borrower-controlled repayment of principal and interest, and zero foreclosure charges; credit is provided through NBFC intermediation against collateralized mutual fund units.</description>
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      <description>Digital Loans Against Mutual Funds (LAMF) lets investors obtain secured credit by digitally lien marking mutual fund units to partner NBFCs via ET Money&#039;s apps, preserving investment compounding. The facility provides instant eligibility checks, rapid disbursal as a flexible overdraft, interest charged only on amounts used for the period of use, no fixed EMIs, reusable lines without reapplication, borrower-controlled repayment of principal and interest, and zero foreclosure charges; credit is provided through NBFC intermediation against collateralized mutual fund units.</description>
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