DhanLAP
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DhanLAP
DhanLAP

DhanLAP

Loan Against Securites

App Size: 64.8 MB
Release Date: Mar 26, 2023
Price: FREE
Price
FREE
Size
64.8 MB

Screenshots for App

iPhone
iPhone X
Loan against Mutual Funds | All AMCs supported


Loan against Shares| Upto 500 Shares Eligible


Our NBFC Partner : IFIN SECURITIES FINANCE LIMITED (ISFL)

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.

Maximum Annual Percentage Rate (APR): 10%

Loan Terms
-Loan to Value => 50% of Equity Portfolio
-Tenure => 6 Months to 24 Months
-Minimum Period => 6 Months
-Maximum Period => 24 Months
-Lowest Interest Rates
-No pre-payment/part payment charges or penalties after 6 months.
-Overdraft Facility - Pay only the interest for the money you withdraw.


Sample Loan Calculation (Illustration)
-Principal Amount => ₹1,00,000
-Tenure => 12 Months
-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 at the end of your tenure the principal if you choose our balloon payment option.

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
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DhanLAP 0.2.16 Update
Nov 28, 2023 Version History
We've enhanced our support to serve you better. Update now for an improved customer assistance experience

~Ark Neo Financial Services Private Limited
More Information about: DhanLAP
Price: FREE
Version: 0.2.16
Compatibility: Requires Requires iOS 12 or later
Size: 64.8 MB
Genre: Finance
Release Date: Mar 26, 2023
Last Update: Nov 28, 2023
Content Rating: 4+
Developer: Ark Neo Financial Services Private Limited
Language: English -

All Apps & Games Created by: Ark Neo Financial Services Private Limited

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