Primarily Chandigarh and by extension Punjab is known as the agricultural capital of the country. However, it is quickly becoming one of the fastest developing smart cities in India and boasts of a burgeoning upper-middle-class population.
Thus, if you are a salaried or a self-employed individual and are looking for a personal loan in Chandigarh, you have come to the right place. SMFG India Credit offers personal loans customised to the needs of every individual.
Here is a list of the basic eligibility criteria to apply for a personal loan at SMFG India Credit:
You can also determine your eligibility by using the Personal Loan Eligibility Calculator on the SMFG India Credit website.
If you meet these criteria, the next step involves providing the documents to verify the information that you initially submitted. Here is a list for your reference.
The minimum salary requirement is Rs, 20,000 per month to get a personal loan for salaried individuals in all locations of India where we are present except for Mumbai and Delhi (for residents of Mumbai & Delhi, minimum salary should be Rs. 25,000).
Personal loan interest rates at SMFG India Credit starts at 11.99%* applicable for both salaried and self-employed professionals. However, the interest rate can vary for up to 36%. It largely depends on the amount of loan requested, the tenure selected your profile and credit history, and your current financial status.
There is also a processing fee component which can be up to 3% of the loan amount. Typically, SMFG India Credit offers loans with a repayment period of anywhere between 12 and 60 months. If you intend to foreclose the loan, a prepayment charge may be applicable ranging between 0% to 7%. Please visit our personal loan interest rates page to know more.
There are two ways of loan application at SMFG India Credit – online or submitting a hardcopy application at your nearest SMFG India Credit office.
Follow these steps to make your application online:
A customer service representative will get in touch with you on receipt of the application and your documents.
If you choose a personal touch, you can submit the application form along with copies of your documents at a branch office. Our team will be happy to guide you with any query or issue.
Alternatively, you can always reach out to the customer support team on our toll-free number 1800 103 6001 (from 10:00 AM to 7:00 PM on all days except Sundays and public holidays) or email us at
First & Second Floor, SCO No. 141 & 142, Sector 8 C,Madhya Marg, Chandigarh 160008
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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