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

Ajmer, located in the heart of Rajasthan, is a city known for its rich cultural heritage, historical significance, and religious diversity. It boasts architectural marvels like the Taragarh Fort, Ana Sagar Lake, and Mayo College, one of India's oldest and most prestigious educational institutions. The city's vibrant markets, traditional handicrafts, and local cuisine add to its charm, making Ajmer a compelling destination for tourists and a culturally rich place for its residents.

In Ajmer, the primary need for business loans is to foster economic growth and entrepreneurship. Local businesses, ranging from traditional handicraft artisans to modern enterprises, require financial support for expansion, upgrading technology, hiring skilled staff, and increasing inventory.

Features And Benefits Of Business Loans In Ajmer:

Repayment Plans Per Your Convenience:

Entrepreneurs in Ajmer have the flexibility to repay their business loans over a period of up to 48 months* without straining their finances.

Transparent Business Transactions:

Freedom to prepay loans without incurring extra charges, including the financial flexibility for early repayment*.

Funding Assistance:

Access financing up to INR 75 lakhs* for your business needs.

Attractive Interest Rates:

Competitive interest rates guarantee a low cost of capital, ultimately enhancing the profitability and sustainability of the city's businesses.

Prompt Loan Approval:

Acknowledging the importance of timely business opportunities, small business loans are approved within 72 hours*.

Minimal Paperwork:

Transparent eligibility criteria and minimal paperwork streamline the loan application process, thus making the process smooth and hassle free.

Collateral-free Loan Approval:

Now you can secure collateral-free business loans without pledging personal or business assets. This minimizes financial risks, allowing entrepreneurs to focus on expanding their businesses without concerns stress-free.

Eligibility Criteria For Business Loans In Ajmer:

  • Eligible Candidates: Self-employed individuals, proprietors, partners, or directors of existing businesses can apply.
  • Nationality: Applicants must be resident Indians.
  • Age: Applicants should fall in the age range of 22 to 65 years.
  • Business Turnover: The business must have a minimum annual turnover of INR 10 lakhs.
  • Profit After Taxes: The business should demonstrate a profit after taxes of INR 2 lakhs per annum, showcasing financial stability.
  • Business Experience: Operating for at least 3 years, demonstrating stability and experience. Additionally, it requires consistent income and profits over the past 2 years to show financial stability.
  • Credit Score: Applicants must have a CIBIL score of 750 or higher.

Documents Required For Business Loan In Ajmer:

Here is a summary of the essential list of documents required for your convenience:



Recent photograph

A recent passport-sized photograph of the applicant

Valid Identity Proof

Acceptable options include PAN card or Driving Licence

Valid Address Proof

Options include documents like an electricity bill or Passport

Bank statements

Statements reflecting your business's financial transactions

GST or ITR documents

Proof of your business's Goods and Services Tax (GST) registration or Income Tax Returns

Income proofs

Documents that validate your business's income

Proof of Business existence

Documents like Certificate of Incorporation that establish your business's existence

Interest Rates For A Business Loan In Ajmer:

SMFG Credit tailors business loans in Ajmer by assessing applicants' credit scores, business turnovers, and financial backgrounds and offering competitive interest rates.



Interest Rate

The lowest and most competitive interest rates will be calculated based on several factors (location, net income, business stability, collateral, and existing monthly obligations)

Loan Amount

Upto INR 75 lakhs*

Loan Tenure

Upto 48 months*

Lowest EMI Per Month

Starting from INR 1,341 for 48 months

Cheque Dishonoured Charges

INR 300

Proceeding Fees

Upto 6.5% of the Loan Amount

Customer Type

Proprietor / LLP/ Pvt Ltd / Partnership / Public Ltd

Late Payment Charges

2% plus GST charged monthly (24% per annum) on the overdue amount calculated on day-to-day basis.

How To Apply For Business Loans In Ajmer:

To apply for a loan with SMFG India Credit, follow these steps:

Visit the Application Page: Click on SMGF India Credit’s Apply Now page on their official website.

Complete the Application: Furnish the necessary details and upload the required paperwork.

Provide Information: Add your personal and financial information accurately as requested.

Verification Process: The executive team will verify your application and documents to authenticate your request.

Customised Loan Offer: Once you are deemed eligible, you will receive a personalised loan plan with details of the loan terms.

Loan Disbursement: After verification and approval by the lending institutions, the loan amount will be credited to your designated bank account.


We understand how critical it is for businesses to have access to timely financial support, especially during these challenging times. That's why SMFG India Credit is committed to making the loan application process as smooth and hassle-free as possible for Ajmer's businesses. With our service, you can conveniently apply for loans of up to INR 75 lakh* with competitive interest rates. Our user-friendly interface ensures a seamless application experience, so you can focus on what really matters - growing your business. Click here to begin your business loan application and expedite your business growth journey.

*T&C Apply

Apply for Business 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.

Contact Us

Branch Address 1

First Floor, 30/ 1748, Gopal Gang Nagra, Ajmer (Rajasthan) -305001

Branch Address 2

First Floor, 481-485 II, India Motor Circle, Kuchery Road, Ajmer, Rajasthan - 305 001

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:30 AM to 6:30 PM (except 1st Saturday and Sundays and public holidays).

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