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

Coimbatore is one of the most industrially developed and commercially vibrant cities of Tamil Nadu. It is a throbbing economic powerhouse driven by textiles, textile machinery, auto components, steel and aluminium foundries, pumps and motors, gold and diamond jewellery, educational institutions, and information technology. It has rightfully earned the tag "Manchester of South India" due to its widespread and extensive textile industries, surrounded by the adjoining cotton fields. Being an industrial hub, there is always a need for personal loans in Coimbatore that can be fulfilled by SMFG India Credit. 

Coimbatore is called the "Pump city of India," and nearly 40% of Indian motor and pump brands call it home. The city boasts a dominating monopoly in the manufacture of wet-grinders. These astonishing facts have an undercurrent of economic expertise and domination; the inevitable repercussion is soaring ambitions aided by high demands of funds to fulfil those giant ambitions. Thus, SMFG India Credit has a catalogue of personal loans in Coimbatore to satisfy the various needs of a population aching to lead a life of comfort and luxury.

Documents Required for Personal Loan in Coimbatore

You can provide your proof of age, proof of residence, and proof of identity from an extensive list of documents. Hence, personal loan documentation is basic, flexible, accessible, and easy to provide.

  • Completed loan application form with a recent passport-sized photograph
  • Basic KYC documents that provide the proof of age, proof of residence and proof of identities such as driving license, voter ID card, Aadhar card, and passport
  • In case you're a salaried employee, you must submit salary slips of the last 2 months or the latest income proof in case you're self-employed.
  • In case you're a salaried employee, you must also submit the last 3 months' bank account statements of your salary account, and in case you're self-employed, you must provide the previous three months' bank account statements of the current account.
  • Form 16
  • Proof of income tax returns
  • Processing Fee cheque

Eligibility for Personal Loan in Coimbatore

The eligibility criteria are fundamental and something to easily comply with. The eligibility criteria are inclusive of almost anybody who has a regular source of income. The following are some essential criteria:

  • You must be a resident of India
  • Your age must be between 21 to 65 years
  • You must be an employee of a private limited or a public sector enterprise or self-employed with a minimum turnover as per the existing policy
  • You must have a minimum work experience of 1 year
  • You must be employed with the existing company for at least 6 months
  • You must have a minimum CIBIL Score of 750 

Your disposal incomes will be the first determining factor on your eligibility for a personal loan. The personal loan eligibility calculator can help you in finding out if you match with SMFG India Credit’s basic personal loan eligibility criteria at all. Make sure you enter all the required information including your age, location, disposable income, pre-existing monthly obligations and your preferred rate of interest and tenure of the loan.

Depending on the values that you submit, the calculator will automatically return with the loan amount that you are eligible to apply for. Other factors that also influence your personal loan eligibility figure is your repayment capability, credit score and your credit history. 

Minimum Salary

In case you reside in Coimbatore, your monthly income should be at least Rs 20,000. In case you live in Mumbai/Delhi, your monthly income should be at least Rs 25,000.

Interest Rates

Our personal loan interest rates range from 12.99% to 36%. We provide you with the most competitive rates, so you can trust us with the responsibility of fulfilling all your financial needs and requirements and thereby fulfil your dreams and ambitions without any worry. The exact interest rate would depend upon the amount of loan you applied for and the selected tenure from 12-60 months. You can also use our personal loan EMI calculator to check the EMI for a loan amount at different interest rates and different tenures. You can thereby accordingly opt for a loan suited to your needs and requirements based on the monthly payment obligations as provided by the personal loan EMI calculator.

How to Apply for Personal Loan in Coimbatore

We have made the process of applying for a personal loan very streamlined, transparent, and straightforward. You can apply online or by visiting us personally, providing us with the opportunity to respond to your questions and serve you. 

Apply for Personal Loan Online

Thinking about going ahead with your personal loan application? You can make one on the SMFG India Credit website simply by filling in the required details such as your personal information including age, location, income, etc. and clicking on the ‘Apply Now’ button. Remember to upload all the necessary KYC documents such as driving license, passport, voter ID card, and Aadhar card via the website. 

The customer care department will be in touch with you once this process is complete. The representative will guide you on the next set of processes. The documents uploaded will be assessed by SMFG India Credit and the loan decision will be approved or rejected depending on their validity. Generally, once the personal loan has been approved, the amount will be disbursed to your bank account within 24 working hours. The complete process can be completed from a location and time of your preference and choosing. 

Here is a complete guide of how to apply for a personal loan.  

Visit Your Nearest Branch

If you have more pressing questions that need to be asked directly and which may not be answered by the website or you are just comfortable talking directly, you are free to walk in any of our branches, and our customer service representative will be delighted to help you. 

Chatbot Dia

SMFG India Credit has launched Chatbot Dia, a 24/7 online service on their website that enables prospective applicants to upload their personal loan application anytime, anywhere.  

Page also available inहिन्दी - Hindi

* 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


Bathija Blossom, First Floor No.229/2 & 3, Thiruvenkatawamy Road, R S Puram East, Coimbatore-641002, Tamil Nadu

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).

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