Fullerton India Credit Company Limited changed its name to SMFG India Credit Company Limited. The lender is offering a maximum of 25 lakhs personal loan. If you take a minimum monthly salary of Rs. 20,000 to Rs. 25,000, you can apply for SMFG India Credit personal loan.
SMFG India Credit Personal Loan
| Loan Amount | Up To 25 Lakh |
| Interest Rate | 11.99% to 36% p.a. |
| Tenure | 1 year – 5 years |
| Age | 21 -60 years |
| Monthly Salary | Rs. 20,000 to Rs. 25,000 (in-hand) |
| Processing Fees | Up to 6% of the loan amount |
| Eligible For | Salaried Employee |
Benefits of SMFG India Credit Personal Loan
Higher Amount: The higher loan amount you can take through SMFG India Credit Company. This lender provides up to Rs. 25 lakhs loans compared to other NBFCs.
Easy Apply Process: This is not a much-complicated process. You can take a personal loan through the digital process or visit your nearest branch.
Long Tenure: You may take the benefits of flexible tenure up to 60 months. SMFG India Credit is offering 12 months to 60 months repayment tenure.
Documents Process: It’s easy for everyone to fulfill the documentation process. SMFG India Credit taking the minimum documents.
Attractive Interest: Take advantage of competitive interest. The interest rate is between 11.99% to 36% per annum.
Loan Disburse: Traditional loan process takes 10 to 15 days to disburse. But you may get the loan within 3 days through SMFG India Credit.
Eligibility Criteria for SMFG India Credit Loan
- India Residence
- Rs. 25,000 Salary for Delhi & Mumbai Location
- Rs. 20,000 Salary for other location
- Your job experience should be a minimum of 12 months
- CIBIL: -1 or 730+
- Required Age: 21 to 60 years
- The job should be on Private Ltd, Public Ltd, or Government Employee
Also Read: How to get a personal loan at an 18K Salary?
Essential Documents for Loan
Keep the required documents near you at loan application time. SMFG India Credit is taking minimum documents.
- Identity Documents: Pan Card/ Aadhaar card/ Driving License
- Address Proof: Rent Agreement/ Electricity bill/ Water bill/ Gas bill
- Recent 3 months’ salary slip
- Bank Statement of 6 months
- ITR / Form 16 if required
- Photo of applicant
SMFG India Credit Personal Loan Interest & Charges
| Minimum Interest Rate | 11.99% p.a. |
| Maximum Interest Rate | 36% p.a. |
| Processing Charges | Up to 6% |
| ECS/NACH Dishonored Charges | Rs. 300 |
| Late Repayment Charges | 2% of the due loan amount |
How to Apply for SMFG India Credit Personal Loan
Step 1: Directly click on the “Apply Now” button.
Step 2: Fill in all your KYC details & income source.
Step 3: Keep all the documents near you for verification.
Step 4: Submit documents for loan approval.
Also Read: How to use credit cards the right way?
SMFG India Credit Personal Loan Customer Care
Get the best customer support 24X7 through SMFG India Credit. Customer support teams are very user-friendly. You can contact customer care through the below method:
Official Phone No: 1800 103 6001
Official Email ID: namaste@smfgindiacredit.com
FAQs on SMFG India Credit Personal Loan
What is the interest rate of an SMFG India Credit Loan?
SMFG India Credit offers the best interest rate from 11.99% to 36% per annum.
How much salary is required for SMFG India Credit Personal Loan?
You will get the SMFG India Credit personal loan at Rs. 20,000 in-hand salary & Rs. 25,000 in-hand salary for Delhi / Mumbai location.
What is the loan amount SMFG India Credit Offer?
You can take the higher loan amount up to Rs. 25 lakhs through SMFG India Credit.
What is the CIBIL required for SMFG India Credit Loan?
Your credit score should be -1 or 730+ required for SMFG India Credit personal loan.