Banking · RBI Guidelines on Loans
What is the maximum limit for a loan against the security of units of a specific Mutual Fund scheme according to RBI guidelines for individual borrowers?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹5 lakh for all types of mutual fund units regardless of the underlying asset
- 2₹10 lakh for equity-oriented funds and ₹20 lakh for debt-oriented funds✓
- 3₹20 lakh for equity-oriented funds and no limit for debt-oriented funds
- 4₹10 lakh for both equity and debt-oriented funds
Correct answer
₹10 lakh for equity-oriented funds and ₹20 lakh for debt-oriented funds
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