A Demat account is a digital account that holds shares and securities in electronic form instead of physical certificates.
A loan against mutual funds allows investors to borrow funds by pledging their mutual fund units as collateral. This borrowing option is suitable for managing short-term financial needs without liquidating investments.
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Peer-to-peer lending is a modern financial solution that helps both borrowers and investors. They bring a simple fast way to access financial services to the market as compared to conventional banking systems. Credit seekers can get the funds promptly and sometimes at a cheaper cost. Consumers get to benefit from better returns and product differentiation through investment. With the help of the platforms like Powerup money, the process stays safe and clear for all participants.
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