Frequently Asked
Questions

Yes. 1Fi works with SEBI-approved RTAs for pledging and RBI-regulated lending partners for loans.

No. It is a secured purchase-limit loan backed by pledged mutual fund units.

Loans are provided by RBI-regulated lending partners and 1Fi acts as the digital lending application/LSP.

You need PAN, Aadhaar OTP, and eligible mutual fund holdings. We do not check your CIBIL score.

No, we don’t ask for income proof to avail a loan, your limit depends only on eligible mutual fund value.

No, checking your limit does not affect your credit score. Actual loan drawdowns may be reported as per lender policy.

Your purchase limit is calculated daily using the latest NAV, eligible schemes, applicable LTV, and lender credit policy.

Equity, debt, and hybrid schemes are eligible. You can check eligibility anytime in the 1Fi app.

No. Your SIPs and unpledged portfolio stay unaffected; only selected units get lien-marked.

No. Your units stay invested even after pledging and will continue to earn returns.

Yes. Pledged units remain invested and may continue earning market returns or dividends.

Your limit may reduce and impact the Loan-to-Value (LTV) ratio, so you may need to pledge more units or make a partial prepayment.

In the event of a payment default, if the EMI or shortfall amount remains unpaid despite repeated reminders, certain units may be sold to maintain the Loan-to-Value (LTV) ratio as per RBI guidelines.

No physical documents are required. You only need eligible mutual fund units, PAN, and Aadhaar.

Choose an EMI plan, lien is placed, lender approves, merchant gets paid, and you repay monthly.

PAN, Aadhaar OTP, and mutual fund portfolio checks happen digitally. No paperwork or branch visits needed.

A lien is marked on your selected mutual funds, lender releases funds to the merchant, and your EMI schedule is generated.

Use 1Fi at approved partner merchants shown in the app or wherever 1Fi appears at checkout.

Yes. You can make multiple purchases within your available purchase limit.

No-cost EMI means you pay 0% interest. You only repay the principal amount in EMIs.

No. We are fully transparent and do not charge processing, penal, bounce, foreclosure, setup, or lien-related charges.

1Fi offers the longest tenured loans. Current tenures may include 3, 6, 9, 12, 18, 24, 36, 48, and 60 months.

Once the loan is sanctioned, you can setup an autopay in the 1Fi app. EMIs are then auto-debited monthly from your registered bank account as per the repayment schedule.

Yes. You can prepay partially or fully foreclose anytime through 1Fi without any charges.

Once you fully repay the loan, lien release is initiated within 30 days. Final timing depends on MFCentral/MF-RTA.

No, there aren’t any charges for that. You can prepay the outstanding loan amount and release your mutual fund units whenever you want.

The loan is adjusted once 1Fi receives the cancellation confirmation from the merchant.

The merchant handles product delivery, quality, cancellation, and refund disputes.

Yes, you get a 3-day cooling-off period for each drawdown to exit without charges.

Yes. 1Fi uses official verification flows and shares data only for authorised loan, pledge, or regulatory purposes.

Yes. You can stop anytime after repaying active loans and completing lien release.

A lien is a hold on selected units. They stay invested and are released after repayment.