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

Ludhiana is Punjab’s largest industrial hub. It is among the richest cities in north India. It is famous for its vast industry of shawls and stoles and has been satisfying the demands of major domestic and international brands for decades. This major town of Punjab is quite aptly called “the Manchester of India” for its immense production. SMFG India Credit as a personal loan provider in Ludhiana, can help you shape up your financial decisions by providing what you need. A personal Loan is very useful to meet urgent and unexpected financial needs. A SMFG India Credit Personal Loan can certainly help you fulfill your financial needs at such times through attractive interest rates, online application process, speedy approvals, etc. SMFG India Credit offers competitive personal loan interest rates as low as 11.99%, flexible tenures for repayment, a simple documentation process, and eligibility criteria.

Advantages of Applying for Personal Loan in Ludhiana

1) Quick Processing

SMFG India Credit provides speedy approvals in processing personal loans online. SMFG India Credit’s personal loan processing is hassle-free and you can expect instant decisioning with an online application. SMFG India Credit proceeds with the documents verification as soon as the application is made, and upon successful verification checks, your loan is approved and disbursed into your account. Moreover, applying for an instant personal loan with SMFG India Credit may also enable you to avail special offers (subject to eligibility).

2) Easy Eligibility

Salaried individuals and self-employed individuals are eligible to take a personal loan from SMFG India Credit. Salaried individuals need to be earning Rs. 20 ,000 per month INR 25,000 per month for residents of Delhi and Mumbai), and be working in their current company for at least 6 months (overall work experience of at least 1 year) to be eligible for SMFG India Credit’s personal loan.

3) Repayment Tenure

The repayment tenure is flexible. It can range between a period of 12 months to 60 months as per your suitability. You have a choice to pay by a variety of channels as per your convenience, including cheque payment, online payment on the website via net banking, Google Pay, UPI, etc., or by opting for an auto debit or ECS facility.

4) Easy Documentation

SMFG India Credit personal loan documentation is highly simplified. You just need to furnish your KYC (Know your Customer) documents like PAN and Aadhaar card, proof of income, and bank statements for the past 6 months. Salaried individuals may provide three months salary slips as income proof.

5) Loan Amount

You can apply for personal loans in the range of Rs. 50,000 to Rs. 25 lakhs. However, the maximum amount of personal loan you can borrow depends on a number of factors, including monthly net income, your existing EMIs and monthly obligations (including credit card debt), credit history, etc. You can get a good estimate on how much personal loan amount you are eligible for by entering some basic details like monthly income, net monthly obligations, etc., on SMFG India Credit’s personal loan eligibility calculator. It is extremely easy to use.

6) Ease of Application

You can easily apply for a personal loan online on SMFG India Credit’s website or app. The process is extremely simple starting with clicking on the ‘Apply Now’ button. Thereafter, you need to fill up the application form with all the requisite details, specify the loan amount you need and repayment tenure, upload a few documents, and submit. Based on the information you have entered; you will be instantly informed if your application will be processed further. If yes, you will also receive a tracking ID through which you can check the status of your loan application at any moment. Upon successful verification checks, your loan gets approved and the funds will be credited to your registered bank account within hours. Alternatively, you may visit your nearest SMFG India Credit branch and our team can take you through the application process seamlessly.

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

Address:

Fifth Floor, Fortune Arcade, SCO - 16 & 17, Feroz Gandhi Market, Jila Kacheri Ares, Model Gram, Ludhiana, Punjab-141001

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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