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 Belgaum

Belgaum, also known as Belagavi, is a city in Karnataka state known for its lush greenery and pleasant climate. The city's economy depends on trade, manufacturing, and agriculture, with a focus on commodities like sugar, vegetables, and tobacco. It also houses some of the most reputed educational institutions in the country. The historical Belgaum Fort is a popular tourist destination. In Belgaum, where dreams converge with opportunities, the need for financial support often arises to turn aspirations into reality.

This is where SMFG India Credit can be your trusted partner in providing a financial lifeline for you to achieve your goals without worrying about finances. Learn more about the features, documents, and application process of how you can apply for a personal loan in Belgaum today!

Features And Benefits Of Personal Loan In Belgaum

100% Paperless Loan Application Process

You don’t have to rush to the nearest offline centre anymore. With SMFG India Credit, you can apply for a personal loan online and save more time.

Swift Document Checks

Document checks begin soon after their submission on the portal.


The trust you place in us is of the utmost importance. We ensure the confidentiality of your data is maintained at all times.

Competitive Rates of Interest

SMFG India Credit offers personal loans with interest rates as low as 11.99%* per annum. Additionally, you can choose to repay your loan amount anytime, from 2 to 60 months.

Speedy Loan Payout

After a thorough document check, loans are credited to your designated account within 30 minutes* of approval.

Eligibility Criteria For Instant Personal Loan In Belgaum

Age: Applicants who are employed in companies/organizations/enterprises and fall in the age range of 21-60 years are eligible. If you are self-employed, the age bracket of 22-60 years is applicable.

Nationality: Indian citizens are eligible to apply.

Employment Status: For salaried individuals, at least a year’s work experience with a minimum of 6 months with your current employer is desirable. Self-employed applicants with 3 years’ business experience can qualify.

Minimum Monthly Pay: A monthly pay of INR 20,000 is the basic requirement for salaried people. If you are self-employed, your qualifying income is determined based on your annual sales and after-tax profits, according to your industry and field of work.

Documents Required To Apply For A Personal Loan In Belgaum

Here is a list of essential documents you must keep ready before applying for a personal loan:

Document Type

Salaried Personnel (Any One)

Self-Employed Individuals (Any One)

Identity Proof

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

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

Compulsory Documents

Coloured passport-size photograph,Duly filled loan application form

Coloured passport-size photograph,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 Belgaum

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


Stamp Duty

Depending on the residence of the applicant

Loan Cancellation Charges

INR 1,000

Cheque/ECS/NACH Dishonoured Charges

INR 300

How To Apply For A Personal Loan In Belgaum?

Looking to secure a personal loan from SMFG India Credit? Here’s how you can do it:

  1. You can start the loan application through this direct link.
  2. Begin by providing essential details like mobile number, PAN, pincode, and clarify whether you are a salaried employee or are self-employed.
  3. Verify your mobile number with an OTP. Verification of your email ID is also necessary.
  4. Provide further details such as your email address, date of birth, gender, income, and job history.
  5. Review the loan's terms, especially the loan amount, fees, and repayment terms. Confirm your acceptance once you are satisfied. You will be given an option to choose a higher loan amount.
  6. Salaried persons need to give details specific to their employment.
  7. Digitally verify your identity and address through recognised platforms like CKYC, OKYC, DigiLocker.
  8. Next, give your bank account details. We will verify this information, after which you will be directed to the ‘Additional Details’ section. Please provide details about your references, marital status, loan purpose, father’s name, and mother’s maiden name.
  9. Select your preferred method of payment from debit card or internet banking and complete the eNACH setup.
  10. Sign the loan agreement digitally after reviewing it carefully. Ensure that you validate this with an OTP.

Get closer to your financial objectives by following these simple steps of obtaining a personal loan at 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 plot no. 1257 CTS No. 5874M M Extention Sri Nagar Belgaum 590016 Karnataka

Branch Address 2

First Floor CTS NO 1373, Rajmani complex, Opp. City Arcade Muthoot Finance, Basavanna Temple Ramling Khind Galli, Belagum – 590002, Karnataka

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 Belgaum eligibility calculated?

Lenders consider various factors while calculating your eligibility for a personal loan. Your location, monthly income, credit score, and current existing financial obligations can significantly impact your creditworthiness. An online loan eligibility calculator can help you get a clear idea before proceeding with the application.

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

Applying online for a personal loan in Belgaum offers you several benefits from the comfort of your home. You can easily determine your eligibility and avail loans with little paperwork. We offer personal loans up to INR 25 lakhs with flexible repayment tenures (2 to 60 months).

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

To get a lower interest rate on your loan, you can inculcate the following strategies:

  • Demonstrate your financial credibility by maintaining a healthy CIBIL score of at least 750.
  • Always prefer to conduct your dealings with a reliable lending institution.
  • Keep the debt-to-income ratio to a minimum.
  • You can involve a co-signer or guarantor to bolster your credibility.
  • Avoid having any overdue debts.

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

Lending institutions wouldn’t particularly object if your new job offered you a better salary. It may become an issue if your current income is lower. However, you must keep your lender in the loop with developments like these so that they can help you readjust the loan terms.