#ValuEnable #SLiQ #LoanAgainstSecurities #LAS #Zerodha #Fintech #MutualFunds #DigitalLending #FinancialInclusion #SmartLiquidity
Chandigarh: ValuEnable, a fintech venture supported by Zerodha’s Rainmatter, has launched a new platform named SLiQ (Smart LiQuidity). SLiQ is positioned as a multi-asset digital lending platform that aims to revolutionize access to liquidity by offering loans against securities like mutual funds, insurance policies, shares, and bonds.
The platform distinguishes itself by providing quick, low-cost secured credit, particularly for traditionally underserved assets like life insurance policies.
SLiQ: Features and Market Goal
| Feature | Detail | Benefit |
| Loan Type | Loan Against Securities (LAS) | Secured credit, generally with lower interest rates than unsecured loans. |
| Asset Class | Mutual Funds, Insurance Policies, Shares, Bonds | Offers India’s only platform for loans against insurance policies. |
| Interest Rate | Competitive rate of 10.25% per annum. | Cheaper alternative to personal loans or credit cards. |
| Disbursement Time | Claimed disbursement in under 6 hours. | Provides rapid access to funds for emergencies or planned expenses. |
| Disbursal Goal | Aiming to scale total disbursement to ₹300 crore in FY26 (from ₹150 crore since LAS platform inception). | Indicates aggressive growth and scaling plans. |
Founder Mithil Sejpal stated, “With SLiQ, we are taking the next leap. Our goal is to make loans against securities a household concept in India.” The platform empowers consumers to unlock the value of their financial assets with full control and transparency.
🔗 B2B Partner Ecosystem
SLiQ is also designed for ecosystem partners, offering B2B white-label solutions. This allows financial intermediaries such as:
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Mutual Fund Distributors (MFDs)
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Independent Financial Advisors (IFAs)
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Brokers
to integrate SLiQ’s services directly into their offerings via plug-and-play APIs and partner portals, thereby expanding the platform’s distribution network.
⚠️ Key Risk: Understanding Margin Calls
While a Loan Against Mutual Funds (LAMF) is attractive because it avoids the need to redeem investments, borrowers must be aware of the key risk: Margin Calls.
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Lenders determine the loan amount based on the Loan-to-Value (LTV) ratio, which is typically 50% for equity funds due to their volatility.
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The pledged mutual fund units are revalued daily. If the market value of the pledged units falls below the required LTV, the borrower receives a Margin Call , demanding that they either:
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Repay a portion of the loan to restore the LTV ratio.
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Pledge additional units as collateral.
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Failure to meet a margin call within the stipulated time allows the lender to liquidate (sell) the pledged mutual fund units to recover the overdue amount.
This highlights the importance of using such loans judiciously and having a clear repayment plan.
#ValuEnable #SLiQ #LoanAgainstSecurities #LAS #Zerodha #Fintech #MutualFunds #DigitalLending #FinancialInclusion #SmartLiquidity
