Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Calculate Personal Loan EMI

12 Months60 Months

Assuming annual interest rate of 11.99

Calculated EMI*   9,963  Apply For Loan

Loans Upto ` 25 Lakh*

Quick Disbursal

Minimal Documentation

Flexible Tenure

Get a Rs. 3 Lakh Personal Loan

Need an Rs. 3 lakh personal loan instantly? SMFG India Credit offers easy to get personal loans that can help to fund emergency needs or any big-ticket expenses such as higher education for your children, a wedding or even a luxury vacation. A Rs. 3 lakh loan from SMFG India Credit is the perfect financing option that can be availed at minimal documentation. 

Eligibility Criteria

Before you make your application for an Rs. 3 lakh personal loan from SMFG India Credit, ensure that you have checked your personal loan eligibility. General parameters include:

  • Be a citizen of India
  • Be between 21 and 65 years of age at the time of loan application
  • Be a salaried employee at a private or public enterprise or demonstrate a regular source of income for self-employed individuals
  • Have a minimum CIBIL score of 750

You can use the personal loan calculator available on the SMFG India Credit website to assess your eligibility for your Rs. 3 lakh loan. 

Documents Required

The documents required for a personal loan to be approved are:

  • Duly fill in all the information on the application form filled which should be signed
  • A photograph that is not older than 6 months
  • Establish proof of identity via any one of the government-approved IDs like the Passport, Voter ID, Driving License, PAN Card
  • Show proof of address through one of these documents using Driving License, Passport, Bank Passbook or Statement
  • Demonstrate proof of income with the help of:
    • Salary slips and/or banks statements for 3 months for salaried employees
    • Banks statements and profit and loss statements for self-employed individuals or business owners
  • Income tax returns for both salaried and self-employed individuals. Salaried employees will be required copies of their Form 16 too

Rs. 3 Lakh Personal Loan EMI for 1-5 Years Tenure

The EMI for Rs 3 lakhs personal loan for different loan tenure at 11.99% rate of interest are- 1 year- ₹ 26,653, 2 year- ₹ 14,121, 3 year- ₹ 9,963, 4 year- ₹ 7,899, and 5 year- ₹6,672. Using our online personal loan EMI calculator, you can now calculate EMI accurately for loan tenure other than the loan tenures discussed here.

Loan Amount (Rs)

Interest Rate (p.a.)

Tenure (years)

EMI (Rs)

Rs 3 Lakhs












Disclaimer: These are approximate EMI calculations, actual numbers may vary.

How to Apply?

To initiate a personal loan application at SMFG India Credit, follow these directives:

  1. Begin by accessing the application journey here.
  2. Provide your mobile number, PAN, pincode, and employment type.
  3. Complete the mobile number verification using a 6-digit OTP and ensure email ID verification.
  4. Fill in your email address, date of birth, gender, income, and employment background.
  5. Review the customised loan offer, noting the amount, fees, and repayment schedule. Once satisfied, confirm your agreement and consider the option you will get to go with a higher loan amount.
  6. Submit detailed employment data if you're a salaried employee.
  7. Perform the digital identity and address verification steps through CKYC, OKYC, or DigiLocker.
  8. Enter your bank account information for our verification. Once verified, you will be prompted to add more details in the 'Additional Details' section, including references, marital status, loan purpose, father's name, and mother's maiden name.
  9. Select a payment method, opting for either a debit card or internet banking and complete the eNACH process.
  10. Carefully review and digitally sign the loan agreement, validating it with an OTP.

Following these simple steps will aid you in reaching your financial objectives with a personal loan from SMFG India Credit.

If you have more questions on how to get your Rs. 3 lakh personal loan sanctioned, simply call the customer service team on our toll-free number (1800 103 6001) or email us at  .

Page also available inहिन्दी - Hindi

Apply for Personal Loan  

* Please note that loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms and disbursal process will be subject to SMFG India Credit's policy at the time of loan application. If you are an existing customer and wish to foreclose your loan, please note that foreclosure terms and charges will be applicable as per our policy at the time of loan foreclosure.

Reasons to buy

You can take our personal loan for a variety of reasons.

Wedding Expenses

Wedding Expenses

Higher Studies

Higher Studies

Exotic Vacations

Exotic Vacations




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