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

 

Bareilly, one of the 100 Smart Cities being developed in India, can boast its expertise in art and craft. World-famous for "Zari Zardozi" and painting, this city is a hub for furniture manufacturing and trade in cotton, cereal, and sugar. SMFG India Credit offers personal loans in Bareilly. This personal loan can be used for emergency needs, fulfilling any lifestyle requirements,  and much more. You can even use it for some business-related opportunities Bareilly offers. With SMFG India Credit personal loans, you will experience quick processing, flexible repayment tenures, online payment options, and simple documentation. All of this leads to a convenient personal loan for you.  

SMFG India Credit Personal Loan in Bareilly Offers the following Benefits:

  1. Personal loan in Bareilly up to INR 30 Lakhs*
  2. Attractive personal loan interest rate from 13% per annum
  3. Flexible repayment tenure between 12 months to 60 months
  4. Online access to your loan account through the m-Connect mobile application, and Service Connect - our customer login section on the website.  

SMFG India Credit’s Personal Loan Calculators:  

SMFG India Credit offers useful personal loan calculators. You can estimate your EMI and the maximum amount you may be able to get in just a few seconds after keying in some basic details on the calculators.

  1. Personal Loan Eligibility Calculator: Personal loan eligibility calculator tells you in advance the personal loan amount that you could be eligible for. 
  2. Personal Loan EMI Calculator: Personal loan EMI calculator gives you your future monthly outflow.  

Documents Required for SMFG India Credit:

SMFG India Credit personal loan documentation in Bareilly is easy. You can apply online or offline. You have to provide the following documents along with the application form:

  1. PAN and Identity proof 
  2. Address proof 

If you apply as a salaried individual, the following are the requisite documents: 

  1. Salary slips for the last three months 
  2. Bank statement for the past six months 

If you apply as a self-employed individual, the following are the requisite documents: 

  1. Income proof / financial statements
  2. Proof of income and expenditure document

Depending on the applicant’s profile and SMFG India Credit’s policy, additional documents may be requested.

SMFG India Credit’s Simple Eligibility Criteria:

You can apply for a SMFG India Credit personal loan in Bareilly as a salaried individual and a self-employed individual. If you are applying for the personal loan as a salaried individual, you need to be between 21 to 60 years of age, with a monthly salary of above INR 20,000. Also, you need to have work experience of at least 1 year, with at least 6 months in the current organization. If you apply as a self-employed individual, then you need to have a specific minimum yearly profit after tax as per the laid out procedure, depending on the type of profession or industry that you belong to. Applicants must have a good Credit score of at least 750.

How to Get Quick Personal Loan?

SMFG India Credit is glad to offer instant loan approval in online and offline applications. After submitting the form along with the required documents, the processing is done at a quick speed. You can expect the personal loan amount to be credited to your registered bank account shortly after final approval.  Such fast processing helps you plan your events better and manage emergencies efficiently.

Online Application at your Convenience:

SMFG India Credit has an easy online application procedure. If you choose to apply online, then you first need to click on the ‘Apply Now’ button, fill up the application form, and enter details. Thereafter, you need to upload the required documents as per your life. After successful verification checks and loan approval, the funds will be credited to your account. If you decide to apply offline, you can visit your nearest SMFG India Credit branch.

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.

FAQs

How to get a personal loan with a low CIBIL score in Bareilly?

If you have a low CIBIL score, look for lenders in Bareilly who provide flexible eligibility terms. However, you must be prepared for higher interest rates and stricter repayment terms. Adding a co-applicant with a stable income and good credit score can boost your approval chances. Improving your CIBIL score to 750 or above is recommended for accessing better loan terms.

Can a person get a personal loan for a low salary in Bareilly?

Individuals with a low salary may still qualify for a personal loan in Bareilly by meeting other key requirements such as a stable job and a good credit score. Opting for a smaller loan amount or including a co-applicant with a higher income can improve your approval chances. For SMFG India Credit, Bareilly residents must have a minimum monthly income of INR 20,000.

How long does it take to get a personal loan in Bareilly?

The processing time for a personal loan in Bareilly depends on the lender, your eligibility, and the accuracy of your documentation. With SMFG India Credit’s efficient online process, approvals and disbursals are quick, provided all requirements are met.

What is the minimum income requirement to get a personal loan in Bareilly?

To qualify for a personal loan from SMFG India Credit in Bareilly, the minimum monthly income required is INR 20,000.

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

To secure lower rates, maintain a strong credit score above 750 with timely repayments and low credit utilisation below 30%. Opt for shorter tenures and demonstrate financial reliability through stable income and low existing debt obligations.

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

Online personal loan applications in Bareilly offer several benefits, including:

  • Convenience: Apply from anywhere at any time.
  • Faster Processing: Quick approvals and disbursals (depending on eligibility).
  • Minimal Documentation: A hassle-free process without heavy paperwork.
  • Application Tracking: Monitor your loan status easily.

How is my personal loan in Bareilly eligibility calculated?

Personal loan eligibility in Bareilly is determined by factors such as age, monthly income, employment stability, credit score, and existing financial commitments. SMFG India Credit also provides an online eligibility calculator to help applicants quickly estimate their borrowing capacity.

Read MoreRead Less

Contact Us

Address:

Second Floor, 146, Civil Lines,Circuit House Chauraha, Bareilly, Uttar Pradesh-243001

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).

Reasons to buy

You can take our personal loan for a variety of reasons.

Wedding Expenses

Wedding Expenses

Higher Studies

Higher Studies

Exotic Vacations

Exotic Vacations

Hobbies

Hobbies

 

Knowledge Center

View All
What is Penal Interest? How is it Calculated?

What is Penal Interest? How is it Calculated?

Financial institutions provide loans to individuals and businesses with the expectation of…

More...

Understanding Prime Lending Rate (PLR) in India: Meaning, Impact, and Key Factors

Understanding Prime Lending Rate (PLR) in India: Meaning, Impact, and Key Factors

When evaluating loan options, one of the most important considerations for aspiring borrowers is…

More...

What Does NA/NH Mean in CIBIL Score

What Does NA/NH Mean in CIBIL Score

Your CIBIL score plays a crucial role in determining loan approvals and the interest rates you’…

More...

Retail Loan: What Is It, Its Types, Benefits and More

Retail Loan: What Is It, Its Types, Benefits and More

Retail loans, often referred to as consumer loans, are designed to meet the financial needs of…

More...