Compliance and lending partners
Yenmo Technologies Private Limited is a loan service provider (LSP). We built and run the Yenmo app and website, and help you borrow against your mutual funds and shares from RBI-regulated lenders. We do not lend money ourselves: every loan is sanctioned and disbursed by a lending partner, named before you accept the loan. Our live lending partner today is Bajaj Finance Ltd; we'll add more lenders as they go live.
What you get by borrowing through Yenmo:
- No annual or renewal fee on any Bajaj Finance Ltd loan processed through Yenmo, and no foreclosure charge.
- One loan account for mutual funds held with CAMS or KFintech, mutual funds in one or more demat accounts, and listed shares.
- Every charge shown upfront, on our charges page and in your Key Fact Statement, before you sign.
- Our own support team, by email or phone, for the life of your loan.
Our lending partners
| Lending partner | Type | Products through Yenmo | Status |
|---|---|---|---|
| Bajaj Finance Ltd | NBFC registered with the Reserve Bank of India | Loans against mutual funds and shares | Live |
Charges
Every charge is listed upfront on our charges page and in the Key Fact Statement your lender gives you before you sign. There is no annual or renewal fee on any Bajaj Finance Ltd loan processed through Yenmo, and no foreclosure charge.
Bajaj Finance Ltd's own schedule of charges: bajajfinserv.in/loan-against-mutual-funds-processing-fees-and-interest-rates
Grievance redressal
If you have a complaint about your loan or our service, contact our grievance officer:
- Name: Aryan Agarwal
- Designation: Grievance Redressal Officer
- Email: aryan@yenmo.in
- Phone: +91-9521382950
- Working hours: Monday to Saturday, 10:00 AM – 7:00 PM
- Address: Yenmo Technologies Private Limited, 3rd Floor, 241, 17th Cross Rd, Sector 6, HSR Layout, Bengaluru, Karnataka 560102
If your complaint isn't resolved, or you don't get a satisfactory response within 30 days, you can approach the RBI Ombudsman.
