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 Cuttack

Did you know that Cuttack was the capital of Odisha before India got independence? This bustling city is a hub for the cottage and handicraft industries. Additionally, the silver filigree works of Cuttack are known for their superb quality. Agriculture and MSMEs (chemical, leather, handicraft, etc.) drive the city’s economy. If you are looking for quality horn works, terra cota, dokra casting, patta chitra, wood carving, leather, and Brass/Bell metal works, Cuttack will never disappoint you.

In this city where history and industry converge, the need for financial support becomes an integral part of the journey for individuals and businesses alike. Personal loans in Cuttack thus play a pivotal role in supporting the aspirations and endeavors of its industrious residents, ensuring that the legacy of this dynamic city continues to unfold with prosperity and resilience. Let's explore the intricacies and the application process to apply for a personal loan in Cuttack.

Features And Benefits Of Personal Loan In Cuttack

Paperless Application Process

Apply for a personal loan online without any paperwork.

Prompt Document Verification

SMFG India Credit's executives will begin the document verification process immediately after receiving your application form.


SMFG India Credit takes your privacy seriously and will never compromise the confidentiality of your data.

Competitive Rates of Interest

SMFG India Credit offers personal loans at competitive interest rates, starting at 11.99%* per annum.

Speedy Loan Payout

Once your loan is approved, SMFG India Credit will credit the funds to your designated account within 30 minutes*.

Flexible Repayment Schedule

SMFG India Credit offers flexible repayment schedules so that you can choose a plan that fits your budget and financial needs.

Eligibility Criteria for Instant Personal Loan in Cuttack

  • Age Range: The age bracket for salaried individuals is 21-60 years, and for self-employed individuals, it is 22-60 years.
  • Nationality: Resident Indian nationals can apply.
  • Employment Status: Salaried individuals need at least 1 year of work experience, with 6 months at their current job. Self-employed applicants require 3 years of business experience.
  • Minimum Monthly Pay: As a salaried professional, you must be earning a monthly salary of INR 20,000. Self-employed individuals can qualify if their minimum annual sales and after-tax profits are deemed eligible by the lender.

Documents Required To Apply For A Personal Loan In Cuttack

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, or Voter ID

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

Compulsory Documents

Coloured passport-size photograph; duly filled loan application form

Coloured passport-size picture; 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 Cuttack

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


Loan Cancellation Charges

INR 1,000

Cheque/ECS/NACH Dishonoured Charges

INR 300

How To Apply For A Personal Loan In Cuttack?

Here is how to apply for a personal loan from SMFG India Credit:

  1. Initiate the application process through this link.
  2. Fill out the application with your mobile number, PAN, pincode, and select whether your employment status is ‘Salaried’ or ‘Self-Employed’.
  3. You will receive a 6-digit OTP for mobile number verification. You also have to ensure email ID verification.
  4. Provide your email address, date of birth, gender, and details on your income and employment history.
  5. Review the loan's terms that have been tailored to your specific needs, including the amount, any fees, and the terms of repayment. Once satisfied, confirm your acceptance. We will also give you an option to choose a greater loan amount.
  6. Provide employment-specific information if you are on a salary.
  7. Go through the digital verification process for identity and address via CKYC, OKYC, or DigiLocker.
  8. Enter the details of your bank account, to be verified by us. Upon verification, you will find an ‘Additional Details’ section. Prov
  9. ide information about your marital status, reference details, mother’s maiden name, and so on.
  10. Choose between a debit card and internet banking for your payment method and proceed with eNACH setup.
  11. Digitally review, sign, and verify the loan agreement with an OTP.

Completing these easy steps moves you closer to achieving your financial objectives.

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


Plot No 917/4018 Shantikunj, First Floor, Near Portion ,Link Road, P.O: Arunodaya Market, Cuttack, Odisha-753012

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 Cuttack eligibility calculated?

Many lending institutions have online loan eligibility calculators to assess your suitability for a personal loan. These calculators typically ask for information such as your net monthly income, EMI, interest rate, and loan tenure to give a fair estimate of the loan amount you are eligible for.

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

By applying online, you can get several benefits, including convenience, accessibility, prompt approvals, flexible repayment tenure, transparency, confidentiality, and efficient customer support. You can apply for a loan amount of up to INR 25 lakhs*, and the paperless application process saves you time.

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

If you're looking to secure a lower interest rate on your loan, there are several strategies you can consider:

  • A CIBIL score of at least 750 is essential.
  • Opt for reputable lenders with a good track record.
  • Work on minimising your debt-to-income ratio to boost your credibility.
  • Engaging a co-signer or guarantor can enhance your creditworthiness.
  • Ensure timely payment of all debts to avoid potential defaults.

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

Changing your employer will have a positive impact if your new job offers you higher pay. But do remember to inform your lender regarding new changes to maintain transparency at all times.