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

Amritsar is the largest and one of the most important cities in Punjab and has emerged as one of the major centres for trade, tourism, and transportation in northern India. With its strong economic influence around the region, Amritsar is one of the fastest-growing cities in India and offers huge opportunities for business and professional growth. 

To reinforce this,  personal finance is also easily available in the city. SMFG India Credit provides an instant personal loan in Amritsar online with minimal documentation. 

Personal Loan in Amritsar: Features and Benefits

  • Loans up to Rs 25 lakh: You can get a personal loan of up to Rs 25 lakh with flexible repayment tenure of 12 to 60 months at ease
  • Attractive interest rates: The personal loan rates start from 11.99% per annum for salaried and self-employed
  • 100% online process and paperless: The personal loan application process is completely paperless if you apply online
  • Quick disbursal: Upon successful verification and approval of the personal loan application, the loan amount is credited to your bank account within 30 minutes
  • Additional benefits to existing customers: Benefits like top-up loans, lower interest rates, flexible repayment tenures, and more are offered to existing customers

Eligibility for Personal Loan in Amritsar

SMFG India Credit has easy eligibility criteria for a personal loan and it helps a wide range of users to apply for personal loan online.

  • Applicants age should be between 21 to 60 years
  • Should be employed in a private ltd company or public sector undertaking
  • Minimum monthly income should be Rs 20,000 
  • Minimum one year of work experience required
  • Minimum six months of work experience required in current company
  • Minimum CIBIL score of 750

Self-employed professionals under minimum income eligibility have to show a minimum of one year of profit after tax.

To know your eligibility for a personal loan, you can use the online personal loan eligibility calculator on the website that gives you an instant estimate for your personal loan amount.

Documentation for Personal Loan in Amritsar

The personal loan documentation process includes:

  • KYC documents like AADHAR, PAN Card, etc.
  • Last three months salary slips for salaried or valid  income proof for self-employed
  • Last six-months bank account statement of your salary account or current account for self-employed

Additional Documents Required for Self-Employed Professional

  • Proof of business registration/incorporation
  • Audited financial statement
  • Income tax returns
  • VAT returns and GST registration

Personal Loan EMI Calculator

The online personal loan EMI calculator on the website helps you determine the right EMI amount and loan tenure based on your repayment capability and personal loan interest rates. 

Using the calculator, you can check the EMI amount for different repayment tenure and select the most suitable tenure so that the monthly EMI can comfortably fit within your budget.

How to Apply Personal Loan Online?

SMFG India Credit has a very easy online personal loan application process and can be completed without any assistance. The following are the steps involved:

  • Open smfgindiacredit.com and click on “Apply Now”
  • Select “Personal Loan” 
  • Select applicant category (salaried or self-employed) and enter your mobile number to register

Now, the instruction driven interface will help you to complete the personal loan application and upload digital copies of the requested documents.

Once submitted, the personal loan application will be scrutinised and approved as per the policies of the company. You can use the “Track your Personal Loan Application” feature on the website to know the status of your personal loan application.

Alternatively, you can also apply for a personal loan offline by visiting the SMFG India Credit branch office in Amritsar, where you will be guided through the process by our team.

Apply for Personal Loan

Contact Us


First Floor, Eminent Mall, 10 – The Mall, Amritsar, Punjab - 143001

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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