You can get a loan against mutual funds without breaking your SIP; learn the entire process without having to sell your investments..

If you are investing in mutual funds and suddenly need cash, you can arrange for funds without discontinuing your SIP. You do not even need to sell your SIP units. In fact, you can take a loan against your mutual funds; many banks and NBFCs offer this facility. This is a secured loan that allows you to keep your investment intact without having to sell your mutual fund units.

**How ​​to get a loan against mutual funds**
Banks or finance companies provide loans against your mutual fund units. The lender places a lien (a legal hold) on the units, which is removed once the loan is fully repaid. Essentially, you pledge your mutual fund units as collateral to secure the loan. There is no fixed loan amount; it depends on the value of your investment and the specific mutual fund units held. The loan amount is determined based on the value of your investment.

**How ​​to apply**
First, check the website or visit the branch of a bank or NBFC to confirm if they offer loans against mutual funds. You can apply directly with the lender offering this facility. You will need to complete the KYC process and provide full details regarding your units. Once a lien is placed on your units and the entire process is completed, the loan amount will be credited to your account.

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