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

How Government Employees can Get a Personal Loan in a Few Minutes?

Published on Nov 20, 2020Updated on Jan 23, 2024

How Government Employees can Get a Personal Loan in a Few Minutes?

/personal-loan-process.aspxPersonal loans have taken care of people for many years for multiple reasons like medical emergencies, wedding expenses, etc. And today, personal loans have stretched by miles. Personal loans have eligibility criteria. But as a government employee, you have high job security, which makes it extremely easy for you to meet the eligibility criteria and get requisite approval. Personal loans for government employees are transparent and easy. So if you are employed by the government of India at a state level or local body or are working with a PSU and are looking for a personal loan, SMFG India Credit would be the right place for you.

Must Read: Complete Guide About SMFG India Credit Personal Loan

Benefits of SMFG India Credit Personal Loan for Government Employees:

  1. High Loan Amount and Flexible Repayment Tenure
    At SMFG India Credit, you can borrow up to Rs. 25 lakhs* under this facility. The personal loan is given at an attractive rate of interest starting at 11.99%. Repayment tenure can be between 12 to 60 months as per your convenience.
  2. Instant Decisioning
    At SMFG India Credit, an instant personal loan can be taken online. Instead of waiting for days to be informed of your eligibility, you can know within a minute of submitting your online loan application form.
  3. Easy Eligibility
    You need to be an Indian citizen residing in the country and employed with the government of India or a PSU with a minimum work experience of 2 years. Your age bracket should be between 21 years and 60 years. Your minimum monthly income must be Rs. 25,000 if you reside in Delhi or Mumbai, otherwise Rs. 20,000.

Simple Documentation Required

  • PAN card
  • Aadhaar card + 1 more address proof
  • Proof of employment - appointment letter, etc. (anyone)
  • Bank statement of the last 6 months (salary account)
  • Income proof (salary slips of the last 3 months)

Procedure to Apply

Applying for a personal loan for government employees is simple and quick. This is made easier with SMFG India Credit’s online loan application facility. You can click on the ‘Apply Now’ button and upload the necessary personal loan documents like bank statements, salary slips, KYC, etc. Another option is to visit the nearest SMFG India Credit branch and the customer service representative will take you through the loan application process.

Personal Loans for Government Employees can be Taken for any of the Reasons:

  1. Personal Loan for Government Employees for Marriage Expenses
    Marriages are an important event in India and they come with a long list of expenses. We all want this day to be very special for our kids.
  2. Personal Loan for Government Employees for Travel
    This personal loan helps you to fulfill your family’s desire for a dream holiday.
  3. Personal Loan for Government Employees for Home Renovation
    Home renovation loans help you take care of repair costs, buying new material, labor charges, etc.
Must Read: How to Avail Tax Benefits On Personal Loan?


Different types of personal loans offer different benefits and features. You are advised to use our free online personal loan eligibility calculator which enables you to estimate the approximate loan amount for which you may be eligible. SMFG India Credit’s personal loan for government employees offers an attractive interest rate. The documentation is minimal and the loan approvals* are quick.

*Terms and conditions apply*

* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us

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