Known as the cultural capital of Tamil Nadu, Madurai is a budding industrial zone and acts as the administrative headquarters for the Madurai district and Pandya Nadu. Being one of the few regions in the country that grows rubber, the city is the 44th most populated in India and is home to a significant proportion of a burgeoning upper-middle-class population.
To meet the needs of personal loan in Madurai, SMFG India Credit offers loans up to Rs. 25 lakhs at competitive interest rates that can be availed in a simple and hassle-free manner. So, be it funding medical expenses, a grand wedding, home renovations, higher education or even to consolidate debt, SMFG India Credit offers instant personal loans to the residents of Madurai.
Before progressing towards the actual application, it is best to check your personal loan eligibility. This includes:
Find out if you are eligible to apply for a personal loan from SMFG India Credit by using our Personal Loan Eligibility Calculator. Depending on the loan amount you can also assess your monthly installments with the help of the personal loan EMI calculator.
Here is a list of documents that you may have to submit with your personal loan application.
Personal loan in Madurai by SMFG India Credit offers interest rates starting at 11.99% that is applicable for both salaried and self-employed professionals. The parameters that influence the interest rate include the applicant’s profile and credit history, and their current financial status.
Personal loans in Madurai come with a processing fee component which can be up to 3% of the loan amount applied. SMFG India Credit offers the option to foreclose* which may attract a fee ranging between 0% to 7%.
SMFG India Credit offers flexible repayment tenures for personal loans. This can be anywhere between a period of 12 and 60 months.
You can apply for a personal loan in Madurai using SMFG India Credit’s website. Simply follow these steps:
Based on the information provided, you will be instantly informed of your eligibility. If eligible, our representative will be in touch to take the process further.
Alternatively, if you have more questions you can always reach out to the customer support team on their toll-free number (1800 103 6001) or email us at .
First Floor, N0:-163, Kamarajar Salai, Parameswar Complex,Madurai South, Madurai - 625 009, Tamil Nadu
Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:00 AM to 7:00 PM (except Sundays and public holidays).
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