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

Calculate Personal Loan EMI

12 Months60 Months

Assuming annual interest rate of 11.99

Calculated EMI*   6,642  Apply For Loan

Loans Upto ` 25 Lakh*

Quick Disbursal

Minimal Documentation

Flexible Tenure

Personal Loan In Ajmer

The city of Ajmer is synonymous with culture and heritage. This lovely city in Rajasthan exemplifies the harmonious coexistence of different cultures and religions. Visiting this city will enrich your experience with a blend of history, spirituality, and natural beauty. It's a city that reflects the essence of India's rich heritage. Ajmer houses the revered shrine, the Ajmer Sharif Dargah, which draws millions of pilgrims annually.

Taking out a personal loan can be a great way to manage your finances when you need to make big purchases without worrying about emptying your savings. At SMFG India Credit, we make the loan application process easy and hassle-free. Our eligibility criteria are straightforward, along with the benefit of competitive interest rates.

Features And Benefits Of Personal Loan In Ajmer

Customised Repayment Plans

SMFG India Credit offers personalised EMI options and repayment schedules customised to your financial situation. Ranging from 2 to 60 months, our flexible loan terms enable you to choose what works best for you.

Diverse Loan Purposes

Our personal loans cater to a wide array of needs, including medical emergencies, last-minute purchases, wedding expenses, travel, or home renovations.

No Collateral Required

You can now rest easy with our unsecured loans, as there is no need to arrange collateral or find a co-guarantor.

Effortless Documentation

We understand the stress of paperwork. You can avail of loans of up to INR 25 lakhs* with minimal documentation.

Swift Loan Disbursement

Time is money, and we ensure to provide you with your loan amount in less than 30 minutes* of approval. This is only possible thanks to our efficient support team.

Eligibility Criteria For Instant Personal Loan In Ajmer

Age: For salaried individuals, the age bracket is 21-60 years. Self-employed individuals in the age range of 22-60 years are eligible.

Nationality: Indian citizens are qualified to apply for the personal loan.

Employment Status: To qualify, you should have one year of work experience, with a requirement of at least six months with your current employer. If you're self-employed, your business should have operated for at least three years.

Minimum Monthly Pay: It is desirable to have a monthly salary of at least INR 20,000. Self-employed applicants must meet specific income standards based on their industry and occupational category, considering annual sales and post-tax profit.

Documents Required To Apply For A Personal Loan In Ajmer

Below is a list of essential documents you should keep in hand:

Document Category

Salaried Individuals

Self-Employed Individuals

Identity Proof

PAN Card, Aadhaar Card, Driver’s License, Passport, or Voter ID

PAN Card, Aadhaar Card, Driver’s License, Passport, or Voter ID

Compulsory Documents

Coloured passport-size photograph; duly filled loan application form

Coloured passport-size picture; duly filled loan application form

Income Proof

Salary slips for the last three months; form 16 or IT returns

IT returns for the previous two years; IT challans, TDS certificates, or Form 26AS

Proof of Ongoing Employment

Joining letter/Appointment letter from present employer

Utility Bills; Rent Agreement

Residence/Business Proof

Utility bills, Passport, Driver’s License, Voter ID, Rent Agreement, Ration Card, etc.

License, GST number or registration certificate

Interest Rates On Personal Loans In Ajmer

SMFG India Credit Personal Interest Rates:

Personal Loan Interest Rate

Starting at 11.99%* per annum

Processing Fee

0-6% of the total loan amount

Available Loan Amount

Up to INR 25 lakhs* (for salaried) and up to INR 10 lakhs* (for self-employed)

Tenure of Loan

Up to 5 years

Minimum EMI Per Month

INR 1,112 for 5 years or 60 months

Late Payment Charges

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

Prepayment Expenses


Loan Cancellation Charges

INR 1,000

Cheque/ECS/NACH Dishonoured Charges

INR 300

How To Apply For A Personal Loan In Ajmer?

Follow these steps to initiate your personal loan application process with SMFG India Credit:

  1. Begin the application by clicking here.
  2. Provide necessary information such as your mobile number, PAN, pincode, and specify whether you are salaried or self-employed.
  3. Verify your mobile number using an OTP. Email ID verification is also required.
  4. Fill in your email address, date of birth, gender, income, and employment history details.
  5. Review the loan offer that has been tailored to your needs. Note the loan amount, fees, and repayment details. Confirm acceptance once you are satisfied. We will also provide an option for you to choose a higher loan amount.
  6. If you are salaried, provide the relevant employment details.
  7. Go through the process of digital identity and address verification using CKYC, OKYC, or DigiLocker.
  8. Add your bank details for our verification. Post verification, proceed to the section for ‘Additional Details’ where you have to fill in information such as the loan purpose and reference details.
  9. Choose your preferred payment option between debit card and internet banking. Complete setting up eNACH.
  10. Digitally review and sign the loan agreement, then authenticate it with an OTP.

Move toward your financial targets with these easy-to-follow steps from SMFG India Credit.

Apply for Personal 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).


How is my personal loan in Ajmer eligibility calculated?

Several factors are considered while deciding your eligibility for a personal loan. These include:

  • Your income
  • Credit history
  • History of debts and outstanding payments
  • Your employment status
  • Geographic location.

Nowadays, you can quickly check your eligibility for a personal loan by adding your details to the online eligibility calculator.

What are the advantages of applying for an online personal loan in Ajmer?

Applying for a personal loan online in Ajmer offers a variety of benefits, such as:

  • Convenience of applying from any place at any time
  • Paperless application process
  • Prompt loan processing with minimal waiting time
  • Flexible repayment terms and attractive interest rates

How to get a lower interest rate on my personal loan in Ajmer?

To get a lower interest rate, you can try adopting these strategies:

  • Aim to maintain a good credit score of 750 and above.
  • A low debt-to-income ratio shows your ability to manage additional debt and, therefore, avail better loan terms.
  • Get a loan with a shorter tenure for lower interest rates.
  • Maintain a stable source of income.
  • Having an existing account with the lender can increase the chances of lower interest rates.

If I change my employer, will it affect my personal loan or EMI?

Changing your employer may affect your personal loan or EMI if it impacts your income stability. Lenders often consider your employment stability during the loan approval process. If you change jobs, inform your lender to assess any necessary adjustments to your loan terms.