Personal Loan in Meerut

Meerut is a rapidly growing city in the northern Indian state of Uttar Pradesh, known for its industrial and agricultural sectors. With the increasing cost of living, personal loans in Meerut have become a popular choice for people in need of funds for various personal reasons. These loans are easy to obtain, with minimal documentation requirements, and can be used for expenses such as home renovation, education, or medical bills. SMFG India Credit provides individuals in Meerut with flexible and customized personal loan options to suit their unique financial requirements.

Documents Required For Personal Loan In Meerut

SMFG India Credit requires minimal personal loan paperwork to avail a personal loan in Meerut. Following are the required documents:

1. Passport-size photographs.
2. PAN Card, Aadhar Card, Driving Licence, and Passport.
3. For salaried employees, last two months’ salary slips, and previous 2 months’ income proof if you’re self-employed.
4. For salaried employees, last 3 months’ account statements of your salary account or current account in case you’re self-employed.
5. Form 16 and income tax returns proof.
6. For self-employed individuals: proof of business registration and copy of income tax PAN card.

Eligibility Criteria For Personal Loan In Meerut

The borrower needs to meet the following basic criteria to qualify for a personal loan in Meerut with SMFG India Credit:

1. The applicant must be a resident Indian. 
2. The applicant must be between the ages of 21 and 60 at the time of application.
3. The candidate must have a steady source of income, either from a job or through self-employment, with a monthly income of at least INR 20,000.
4. The borrower must have a credit score of 750 or higher.
5. A minimum of one year of experience, with at least six months in the current business, is required. 
6. You must be a salaried employee of a private limited company, a public sector enterprise, or self-employed with a minimum turnover in accordance with the applicable policy.

How To Apply For A Personal Loan In Meerut?

1. Check your eligibility by visiting the SMFG India Credit website or branch office.
2. Complete the application form with your personal and financial information.
3. Submit the necessary documentation, such as KYC documents, proof of income, and account statements.
4. After the verification process is completed and loan is approved, the money will be sent into your account.

The Benefits Of A Personal Loan From SMFG India Credit

Some features that are beneficial while considering personal loans in Meerut:

1. Affordable Personal Loan Interest Rates: Personal Loan interest rates at SMFG India Credit start from about 11.99% per annum.
2. Comfortable Repayment Tenures: SMFG India Credit offers comfortable repayment tenures ranging up to even 60 months.
3. Online And Offline Application: You can apply for personal loans in Meerut through online websites and offline branches. 
4. Minimal Documentation: Apart from identity verification, income proof, and address proof documents, you need not submit any reports for taking up a personal loan.

Different Types of Calculators:

SMFG India Credit offers two personal loan calculators that can assist you in achieving your financial objectives. The personal loan eligibility calculator provides an estimate of the amount you may qualify for, while the personal loan EMI calculator calculates your future monthly payment, enabling you to budget your expenses. The calculators provide this information quickly and are free to use repeatedly.

Apply for Personal Loan