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

Overview

Known as the Pink City, Jaipur serves as the gateway to several tourist spots in Rajasthan. The city is rich in arts, crafts, and associated industries, opening doors to several regional businesses. People also find jobs in information technology companies, manufacturing units, luxury textile industry, and many more.

Thus, as a resident of this fair city and require additional funding, you can opt for a personal loan in Jaipur via SMFG India Credit. In times of financial emergencies, an unsecured personal loan can come in handy as we disburse the funds within 30 minutes* of loan approval.

Documents & Eligibility for Personal Loan in Jaipur

SMFG India Credit is a personal loan company in Jaipur that offers funds up to Rs. 25 lakhs. We require you to submit a few documents in order to apply for the loan:

  • Filled and signed loan application form (this can also be done digitally)
  • KYC documents such as PAN, proof of your identity, address, and age
  • Salary slips for the last 3 months if you are a salaried individual
  • If you are a self-employed individual, audited financial documents/reports of your business will be required
  • Income tax returns or Form 16
  • Bank statements for the last 6 months

Here is a list of personal loan eligibility criteria:

  • You must be a resident citizen of India
  • The age limit is between 21 years to 60 years
  • You should be self-employed or a salaried individual from a public sector undertaking or a private limited company
  • You should have at least a year of work experience, with a minimum of 6 months completed with the current employer
  • CIBIL score of more than 750 is considered to be a good credit score. However, we analyze your repayment capacity based on several additional parameters to finalize the loan offer

Minimum Salary

The income/salary you draw on a monthly basis is important to analyze your personal loan eligibility. If you live in Jaipur and wish to apply for the loan, then your minimum monthly salary should be Rs. 20,000. For residents of Mumbai or Delhi, the acceptable minimum monthly salary is Rs. 25,000.

Interest Rates

The personal loan interest rates are as low as 11.99% and can go upto 36%. We at SMFG India Credit, determine the rate of interest by analyzing your residence location, age, monthly income, employment and work experience, financial profile, loan amount needed, tenure, and any other applicable factors. An additional 3% of the loan amount will be charged as the processing fee. You can also foreclose the loan after payment of the initial 6 EMIs, although some additional charges may be levied.

How to Apply for Personal Loan in Jaipur?

  • Follow the instructions and fill out the loan application form.
  • Do remember to upload the soft-copy documents required when you submit the application.
  • Our customer care personnel will then contact you about the status of the loan request.

Alternatively, you can even apply for a personal loan in Jaipur by walking into the nearest SMFG India Credit branch.

  • Here, our branch representative will inform you about the personal loan schemes.
  • You can select the product that feels ideal to you, and drop in an offline application by attaching the hard-copy of all the required documents.
  • We will review the loan application and verify the documents, based on which we will process your application further.

*Loans are disbursed at the sole discretion of SMFG India Credit. Please note that final approval, loan terms and disbursal process will be subject to SMFG India Credit's policy at the time of loan application

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

Branch Address 1

Plot No-161, 162, 173 & 174, 4th Floor, Bansal Tower, Rathore Nagar, Amarpali Marg, Vaishali Nagar, Jaipur (Rajasthan)-302021

Branch Address 2

Ground Floor, 8/212, Vidhyadhar Nagar, Jaipur, Rajasthan - 302023

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).

Knowledge Center

View All
What Are the Eligibility Criteria for Taking a Loan for Higher Education?

What Are the Eligibility Criteria for Taking a Loan for Higher Education?

A personal loan for higher education offers a flexible financing option for students and…

More...

3 Primary Ways to Ensure a Good Interest Rate on Your Personal Loan

3 Primary Ways to Ensure a Good Interest Rate on Your Personal Loan

A personal loan can help you cover an unexpected medical bill, home repairs, credit card payment…

More...

What's the Difference Between Good Debt and Bad Debt?

What's the Difference Between Good Debt and Bad Debt?

Whether a debt is ‘good’ or ‘bad’ depends on how it is used or managed. If a debt adds to your…

More...

Debt Avalanche: Meaning, Pros and Cons and Examples

Debt Avalanche: Meaning, Pros and Cons and Examples

In the journey towards financial stability and freedom, understanding and effectively managing…

More...