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

Looking for sources to fund your big-ticket expenses but do not know how? The hidden value of your property can work as collateral helping you finance your dreams! SMFG India Credit, one of India’s leading non-banking financial companies offers customized solutions so that applicants can access a secured loan and can use the funds to fulfill any requirement. Regardless of whether you are self-employed or salaried, you can now avail of a customized Loan against your property in Kolkata with SMFG India Credit.

Why to Opt for Loan Against Property in Kolkata?

Loans against property in Kolkata enables you to get access to a large sum of money which can be easily repaid in small monthly EMIs. The advantage here is that unlike personal loans, property loans have a tenure of up to 15 years so that you can choose a smaller EMI amount that easily fits within your budget. Moreover, SMFG India Credit’s transparent processes and hassle-free application procedures are more reasons why you should consider opting for a loan against property to finance your requirements. Read on to know the benefits of SMFG India Credit’s loan against property in a nutshell.

  • Loan up to 5 Crores: We provide wings to your dreams by offering customized loan products against your property. Avail loan amounts of up to 65% of the market value of your property enabling you to finance your business as well as personal requirements with ease.
  • Interest Rates: Pledge your property and avail of finance at some of the most reasonable rates of interest on loan against property in the market. We also offer you the advantage of a flexible repayment tenure between 12-180 months to facilitate easy repayment of the loan without having to compromise on your standard of living.
  • Transparent Loan Procedures: Our quick and transparent loan approval procedures will ensure that you have access to finance when you need it the most.
  • Hassle-free Application Process: You can apply for the loan online, and our representative will get in touch with you to discuss your requirements.

Eligibility Criteria & Documents Required for a Loan Against Property

Regardless of the purpose of borrowing or whether you are salaried, self-employed or whether you are salaried, self-employed, or an SME, you can be assured to find a loan product to cater to your requirements. Here are some of the basic eligibility criteria for loan against property:

  • For Salaried Professionals: Salaried professionals between the age of 21 to 60 years employed in companies across the public, private sector or employed in MNC’s are eligible to apply.
    They should be residents of India with a CIBIL score of at least 700 and are required to furnish documents required to apply for a loan that includes a copy of their Income tax returns, KYC documents, salary slips, bank statements, and documents of the property offered as collateral.
  • Self-Employed Professionals: Self-employed Indian residents between the age of 25 to 65, with a steady source of income, are eligible to apply for a loan against property in Kolkata. Basic loans against property documents include a copy of their Income tax returns, KYC documents, income statements, bank statements, and documents of the property pledged as collateral, etc.
  • SME: SME’s, based in India, at least two years old, making a steady profit for the previous 2 years and should be audited by a Chartered Accountant. At least a percentage of your cash flow must be able to honour the amount borrowed. The documents that require to be furnished include a copy of their KYC documents, Form 16, bank statements for the previous 6 months, audited financials of the past 2 years and property documents of the property pledged as collateral.

Please note that in addition to the above, other criteria such as CIBIL score, credit history, etc. will also be taken into account to determine an applicant’s eligibility. Moreover, a few extra documents may be requested depending on your requirement and other criteria.

Apply for Loan Calculate Your EMI

* 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

Second Floor, 53 A, Rafi Ahmed Kidwai Road, Kolkatta, West Bengal - 700016

Branch Address 2

Fourth Floor, Block B, Apeejay House, 15 Part Street, Kolkata - 700 016, West Bengal

Branch Address 3

2nd Floor, 53A, Rafi Ahmed Kidwai Road, Kolkata - 700016.

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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