HDFC Bank has reportedly tied up with Computer Age Management Services (CAMS), a registrar and transfer agent, to offer Digital Loans against Mutual Funds. These loans are available only for Indian residents and for portfolios that have individual holdings.
The facility is open for all HDFC Bank customers who hold assets in at least one of the ten mutual fund houses registered with CAMS.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.
