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

Ahmedabad is the largest non-coastal industrial centre in Western India. It is included in the elite list of the top 10 fastest growing cities in the world. The city has an enormous and varied range of industries -  comprising of textiles, pharmaceuticals, plastics, metal, machinery, chemicals, electronics, and passenger cars. This cultural and economic powerhouse of Western India has also flooded the pages of various magazines and newspapers as one of the best cities to live in, in India.

You can deduce from these facts that Ahmedabad offers enviable and expanding job opportunities aided by a booming economy resulting in increased wealth in the hands of people. The inevitable consequence is rising aspirations and increasing ambitions to seek loans to fulfill demands from the most basic to the most affluent, be it debt consolidation, home renovation, wedding, etc.

Ahmedabad is also home to some of the premium education institutes of the world like IIM Ahmedabad, MICA, IIT, Nirma University, etc. SMFG India Credit understands your needs and aspirations as a resident of this city and thus, we offer a wide variety of personal loans in Ahmedabad customised to your needs.

Documents Required for a Personal Loan in Ahmedabad

The personal loan documents required at SMFG India Credit are very minimal, and there is a comprehensive list to select from.

  • Filled loan application form with a passport-sized photograph
  • PAN Card
  • Basic KYC documents that give valid proof of age, proof of residence, and proof of identities such as Voter ID card, Aadhar card, driving license and passport.
  • If you’re a salaried employee, you must provide the last 2 months’ salary slips. If you’re self-employed, you must provide the previous 2 months’ income proof.
  • If you’re a salaried employee, you must provide the last 3 months’ bank account statements of your salary account or current account in case you’re self-employed.
  • Form 16
  • Proof of Income Tax returns
  • Processing Fee Cheque 
  • There are some additional documents required for self-employed individuals.
  • Proof of business registration 
  • Copy of Income Tax PAN card 

Eligibility for Personal Loan in Ahmedabad

Here are a list of the basic eligibility criteria to apply for a personal loan in Ahmedabad with SMFG India Credit

  • You must be between the age of 21 to 65 years (Minimum of 21 years at the time of loan application and a maximum of 65 years at the time of loan maturity)
  • You must be a salaried employee of a private limited company or a public sector enterprise or self-employed with a minimum turnover as per the prevalent policy
  • For salaried individuals, a minimum work experience of 1 year is mandatory
  • If you are a salaried individual, you must be currently employed with the existing company for at least 6 months
  • You must have a minimum CIBIL Score of 750 

You can use our free online personal loan eligibility calculator to have an idea of the loan amount you are eligible for. You can get an estimate of the maximum loan amount you can apply for by  entering your date of birth, the city you live in, your net monthly income, existing monthly EMI obligations, preferred rate of interest, and required tenure of the loan. However, the amount is indicative; the actual loan eligibility amount may depend on many other factors like bank account information, employment history as well as SMFG India Credit’s credit policy at the time of application.

Minimum Salary

If you reside in Ahmedabad, you must have a minimum salary of Rs 20,000 per month. In case you reside in Mumbai/Delhi, you must have a minimum salary of Rs 25,000.

Interest Rates

At SMFG India Credit, we provide the most competitive interest rates customised to each individual’s profile and requirement. Our personal loan interest rates range from 11.99% to 36% and are charged based on the loan amount, tenure of the loan, purpose, and requirement of the loan, risk assessment of the loan applicant, and his credit score. A processing fee of 0%-6%of the loan amount is also applicable. In case of pre or part payment, foreclosure charges are applicable. For more details, please visit our personal loan interest rates page.

How to Apply for a Personal Loan in Ahmedabad?

We don’t want you to wait in long-entrenched queues and wait endlessly for days expecting a response. We don’t even want you to brave the noisy traffic and come to the branch unless you specifically prefer to meet in person. Hence, we have made the process of applying for a loan and the concurrent feedback quick, easy and customer-friendly.

Apply for Personal Loan Online

You can apply for an instant personal loan in Ahmedabad by following these steps:

  1. Click on the Apply Now button on the top right of this page
  2. Fill out the personal loan application form online. You will be required to fill your general and financial details essential to process a loan. 
  3. Next, upload all your documents like Aadhar card, passport, driving license, Voter ID card, etc. to validate the information provided by you. 
  4. Once the application form is duly filled, you will be given an instant decision online. If your application is approved, our representative will contact you. 
  5. Based on the validity of the documents, the accuracy of the details provided reflected in the documents, if your loan is approved, you get funds disbursed in your account within 24 hours. 

Visit in Person

If you prefer directly conversing with the customer service representative, you are free to walk in any of our branches, and our representative will be happy to serve you.

ChatBot Dia

Now you can apply for a personal loan in Ahmedabad 24/7 with Chatbot Dia, a dedicated online service available to the residents of the city on the SMFG India Credit website’ home page.

* 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


A-302, A-303, A-304, A-305, A-306 & B-306, Third Floor, Amrapali Lakeview, Opp. Vastrapur Lake, Vastrapur, Ahmedabad, Gujarat 380015

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:00 AM to 7:00 PM (except Sundays and public holidays).

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