DhanLAP
Loan Against Securites
Only for iPhone
Free · Designed for iPhone
iPhone
Loan against Mutual Funds | All AMCs supported
Loan against Shares| Upto 500 Shares Eligible
Our NBFC Partners : South Indian Bank (SIB), Shriram Credit Company Limited (SCCL), Shriram Finance Limited (SFL), IFIN Securities Finance Limited (ISFL), IFIN Securities Finance Limited (ISFL), Shriram Credit Company Limited (SCCL), Bajaj Finance Limited
DhanLAP’s Loans help you borrow money for expenses during financial emergencies, for funding your education, for going on a vacation, or for other expenses such as a wedding in the family. You can avail yourself of loans at minimum interest rates for amounts starting from ₹25,000 and for tenures ranging between six months and 2 years.
DhanLAP Loan Process
1. KYC Verification.
2. Select your Mutual Funds/Shares to lien mark.
3. Check your instalments.
4. E-sign your Loan Agreement.
5. Amount disbursed to your bank account.
Loan Terms
- Loan amount: Up to ₹15 crore (subject to mutual fund value and eligibility)
- Tenure: Upto 6-12 Months (varies by lender)
- APR: As low as 10-13% p.a. (varies by lender and profile)
- Pledge process: 100% digital, secure, and hassle-free
- No pre-payment/part payment charges or penalties.
- Overdraft Facility - Pay only the interest for the money you withdraw.
Sample Loan Calculation (Illustration)
-Principal Amount => ₹1,00,000
-Tenure => 12 Months
-APR => 10%
-Instalment Amount:
-Balloon => Pay only Interest = ₹833.33. (The principal amount needs to be repaid at the end of the loan tenure)
-EMI => Principal + Interest = ₹8791.59.
Assume you are taking a loan of ₹1,00,000 for a tenure of 12 months, , you will only pay₹833.33/Month for 12 months and repays the principal amount of ₹1,00,000 at the end of the 12th-month tenure
If you opt for a loan with our EMI payment option, for ₹1,00,000 with a tenure of 12 months, you will pay a monthly EMI of ₹8791.59/Month for 12 months.
DhanLAP powered by Ark Neo Financial Services Pvt Ltd is a Loan against securities platform. Founded by a team with over 100-man years of experience in building digital financial investment and loan solutions, we understand the common difficulties faced by investors when it comes to utilising their investments in case of an emergency.
We have made the entire process simple and hassle-free so that you can get the amount deposited in your account within 15 minutes safely.
Website: https://dhanlap.com/loan-against-mutual-funds
Privacy Policy: https://dhanlap.com/privacy
Terms and Conditions: https://dhanlap.com/terms
Bug fixes
The developer, Ark Neo Financial Services Private Limited, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- Diagnostics
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Location
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
- Provider
- Ark Neo Financial Services Private Limited
- Size
- 64.6 MB
- Category
- Finance
- Compatibility
Requires iOS 13.0 or later.
- iPhone
Requires iOS 13.0 or later. - iPod touch
Requires iOS 13.0 or later. - Mac
Requires macOS 11.0 or later and a Mac with Apple M1 chip or later. - Apple Vision
Requires visionOS 1.0 or later.
- Languages
- English
- Age Rating
4+
- 4+
- This app has an age rating of 4+ with content restrictions. Some content may be rated higher, but access is managed by the developer through in-app controls.
- In-App Controls
Age Assurance
- Copyright
- © 2020 Ark Neo Financial Services Private Limited