Q: What is the customer care Email ID for Jio Finance?

You can contact us at we.care@jiofinance.in .

Question 1

What is Loan on Mutual Funds?

Accepted Answer

Loan on Mutual Funds enables individuals to borrow money by pledging their mutual fund investments as collateral. The loan amount is determined based on the value of the mutual funds pledged.

Question 2

What is the customer care Email ID for Jio Finance?

Accepted Answer

You can contact us at we.care@jiofinance.in.

Question 3

How does Loan on Mutual Funds work?

Accepted Answer

Loan on Mutual Funds allows individuals to leverage their mutual fund investments as collateral, with the loan amount determined by the value of the pledged mutual funds.

Question 4

How is Loan from Mutual funds different from other loans?

Accepted Answer

Loan on Mutual Funds utilises your investments as collateral. Additionally, you're only required to pay interest on the borrowed amount until the expiry of the tenure, providing flexibility to repay the principal anytime.

Question 5

How is the loan amount determined?

Accepted Answer

Your credit limit is determined based on the current value of mutual funds held by you. To enable your facility, we require your PAN and the phone number associated with your mutual fund holdings. It's important to note that checking your credit limit does not affect your credit score; however, it is a crucial step in determining your eligibility for the loan.

Question 6

Are there any specific eligibility criteria for obtaining this loan?

Accepted Answer

Eligibility criteria may include factors such as the type and value of the mutual funds being pledged, the borrower's credit score and the loan-to-value ratio set by Jio Finance Limited. Further, the customer shall be aged between 18-75 years and be an Indian citizen.

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