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

Instant Personal Loan in Kerala

Kerala is popularly known as an attractive tourism hub in India. Apart from tourism, this city is famous for its high literacy rate and employment opportunities. These days, there is a lot of investment happening in several parts of Kerala, thanks to which there are plenty of opportunities for both salaried as well as self employed individuals. However, there may be moments when you need additional funding - for personal needs or during emergencies. At SMFG India Credit, we understand your needs, and strive to be your preferred financial partner for all such needs by offering customised products for every individual seeking a personal loan in Kerala at reasonable interest rates.

We at SMFG India Credit have several useful unsecured personal schemes for the residents of Kerala. You can avail of a loan of upto Rs. 25 lakhs for your travel, wedding, medical emergency, holiday, big-ticket purchase, higher education of children, or any other requirement. Our flexible repayment tenure between 12 months and 60 months and foreclosure options after the payment of the first 6 EMIs allow you to plan your finances easily.

Documents & Eligibility for Personal Loan in Kerala

Here is the list of documents required for personal loan application:

  • Basic KYC documents for address, identity, and age proof are mandatory. You may submit any of the government-recognized proofs of the same such as your Voter ID card, Aadhar card, Driving license, etc.
  • If you are a salaried individual, then salary slips of the last 3 months are required, as well as bank account statements for the last 6 months.
  • If you are a self-employed individual, then you must submit income proof for the last 2 months. You must submit the bank account statements (current account) of the last 3 months.

Here are the criteria for eligibility for personal loan in Kerala:

  • The eligible age to apply for the funds is between 21 years and 60 years.
  • You must be a residing citizen of India.
  • A CIBIL score of 750 or above will be considered to be a very good credit rating, however, do note that our policy will take into account several other factors.
  • You should be a salaried individual in a public sector undertaking or private limited company.
  • Or, you should be a self-employed individual who must meet the minimum turnover criteria as per the terms and conditions.
  • The minimum work experience for a salaried individual must be 2 years, with 6 months of employment tenure with the current employer.

Minimum Salary

If you are residing in Kerala, then your monthly income must be at least Rs. 20,000. However, do note that for residents of Mumbai or Delhi, the minimum monthly income increases to Rs. 25,000.

Interest Rates

At SMFG India Credit, we check your eligibility for personal loan to decide on the loan amount, tenure, and the applicable personal loan interest rate. If you have a good credit history, high disposable income, and great repayment capacity, then you can expect a very reasonable rate of interest starting at 11.99%. However, we finalize the rate on the basis of your location, age, monthly income, credit score, repayment ability, loan amount, and any other relevant information. The processing fee is up to 3% of the loan amount.

How to Apply for Personal Loan in Kerala?

To apply for a personal loan in Kerala, you can choose from these two methods:

Online Application

You can simply scroll to the top of this page and click ‘Apply now’ to proceed with the loan application. You have to upload the soft-copy of the documents required for personal loan when making the loan application.

Visit the Branch and Apply

Find the nearest branch office in your area and drop in for a visit. We will explain to you the different schemes for personal loans and provide you with the best suitable deal. Fill in the loan application form, sign it, and attach the necessary documents to apply for the loan. So, choose any of these methods and apply for a personal loan Kerala. To reach the customer support team, call on the toll-free number (1800 103 6001) or email us at  

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

2nd floor:“ Sitara Tower”, TC No 81/2863, Manorama Road, Near Aristo Junction,Opposite Desabhimani Building, Thampanoor, Trivandrum 695001, Kerala

Branch Address 2

Second Floor, Door No.42/3406, Civli Land Road, Palarivattom, Cochin, Kerala - 682024

Branch Address 3

1st Floor, Presidency Shopping Complex, Off MG Road, Poothole, Thrissur - 680004, Kerala

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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