Personal Loan For Salaried

Whether you want to clear your debts, bring home your dream vehicle, fund your child’s wedding or higher education, a personal loan is the perfect credit instrument. It helps you meet your financial requirements for various needs at short notice.

It is quick, easy and convenient to apply for a personal loan with us. With our bouquet of offerings, we ensure that your changing needs are met with tailor-made repayment solutions. Our solutions are smart, simple and flexible, which is what makes us stand apart - making sure that you get the best possible value for your hard earned money.

Our team is well equipped to ensure that you have the smoothest journey from application to getting your funds in hand.

Personal Loan Eligibility for Salaried

Now realise your dream of an indulgent holiday, a home renovation, a destination wedding or purchasing an expensive gadget with SMFG India Credit’s flexible and easy-to-get personal loan for salaried person. We offer a comprehensive range of personal loans that help you to meet unexpected expenses and the cost of medical emergencies too.

If you are planning to take a personal loan, then be sure to check out personal loan eligibility for salaried person:

• Nationality – You must be an Indian 
• Age – You should be between 21 and 60 years
• Profession – You should be a salary drawing employee of either a public sector company or a private sector company. 
• Minimum Monthly Income – If you live in Mumbai/Delhi, your salary should be at least Rs 25,000 per month. If you are from any other city in India, your salary should be at least Rs 20,000 per month. 
• Minimum credit score – The minimum credit score to fulfil personal loan eligibility for salaried person is 750*
• Work Experience – To avail a personal loan for salaried person, minimum work experience of one year is necessary. The borrower should also have worked in the current workplace for at least 6 months. 

Documents Required for Personal Loan for Salaried Person

Satisfy your wanderlust soul with a hassle-free personal loan for salaried from SMFG India Credit. We believe in keeping things simple which is why the documents required for personal loan are minimal. Keep these personal loan documents for salaried handy for speedy approval.

1. The loan application form must be duly filled and signed
2. A passport sized photograph that is not older than 6 months
3. Any one proof of identity - Aadhar Card, Voter ID, PAN Card, Passport, etc.
4. Any one proof of address - Aadhar Card, Voter ID, Passport, Bank Passbook or Statement, Rent Agreement, Utility Bill, etc.
5. Any one proof of age - Aadhar Card, Voter ID, Passport, School or College Admit Card, etc.
6. Salary slips for last three months, form 16 and ITR for the last 2 years for salaried individuals.
7. Bank statements for six months for salaried individuals.

You can submit all the required documents for a personal loan for a salaried person online. All the paperwork must be signed prior to uploading them online. 

On the other hand, you can get a request for a SMFG India Credit executive to collect the paperwork at a location of your convenience at a mutually convenient time. 

All the submitted documents will be verified by SMFG India Credit before the personal loan is sanctioned. 

Features of Personal Loan for Salaried

The personal loan for salaried from SMFG India Credit is feature rich. This means that you do not waste time on time consuming processes to get your loan approved. Our custom designed tailor-made personal loan for salaried people is a convenient yet affordable financial solution that enables you to meet your short-term needs for funding.

SMFG India Credit’s personal loans are the top choice for existing and new customers alike. The personal loan for salaried features and benefits include:

• Multi-purpose Loan
  SMFG India Credit’s personal loans can be used to meet any financial requirements like marriage, home renovation, education, travel, medical, debt consolidation, etc. 
• No Collateral Requirement
  Our personal loan for salaried are not accompanied with the requirement of a collateral or co-guarantor sign-off that helps minimise financial stress 
• Minimal Paperwork
  Meet your personal loan requirements by applying for an amount up to Rs. 25 lakhs against minimal paperwork that is supported by a hassle-free and instant loan approval process. 
• Flexible Tenure
  Choose a tenure when you apply for a personal loan from SMFG India Credit that offers you the flexibility of repayment in easy monthly instalments across a period of 2 to 60 months. 
  SMFG India Credit’s personal loan for salaried features is designed not just to take care of your necessities but also to help you reach your life goals too.