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

Muzaffarpur is the fourth most populous city of Bihar and is famous for its shahi litchis. Shahi Litchi from Muzaffarpur is the fourth product from Bihar to get the GI (geographical indication) GI tag. It is grown in 46% of the cultivable land in Muzaffarpur and is exported to many countries. 

The region is also one of the business centers of Bihar and offers many business opportunities. Therefore, if you require funds to start a new business or for meeting any personal requirement, you can consider applying for a personal loan in Muzaffarpur. A personal loan offers a lot of flexibility and you can receive funds quickly with a minimal documentation process.

Features and Benefits Offered in Personal Loan in Muzaffarpur:

  1. Loan up to Rs 25 lakhs*: 
    You can borrow up to Rs 25 lakhs* as a personal loan depending on your eligibility and our policy at the time of loan application.  
  2. Collateral-Free Loan: 
    You don’t need to pledge your asset as collateral. Neither is it compulsory to provide  a guarantor to apply for a  personal loan
  3. Flexible Repayment Tenure: 
    The loan repayment tenure range between 12 to 60 months, which you can choose based on your repayment capability
  4. Quick Approval Process: 
    With SMFG India Credit, you can expect not only a quick & hassle-free approval process, but also a quick disbursal of your loan amount.
  5. Transparent and Hassle-Free Process: 
    You don’t need to worry about any hidden charges or approval of loan, as the entire process is transparent

Eligibility for Instant Personal Loan in Muzaffarpur:

The eligibility of personal loan include:

  • Must be a resident citizen of India
  • Must be a salaried employee in a reputed organization or a self-employed professional
  • Must be at least 21 years when applying for the loan and maximum age should be 65 by the time loan matures
  • For salaried- minimum monthly income should be at least Rs 20,000 and for self-employed- it will depend on the business’s annual turnover, nature of industry/profession
  • Salaried applicants must have at least one-year work experience with 6 months experience in the current company
  • Should have CIBIL score of 750 and above

You can also use our personal loan eligibility calculator to know the amount you can borrow as a personal loan.

Interest Rates, Charges, and EMI Calculation for Personal Loan in Muzaffarpur

The personal loan interest rates at SMFG India Credit start from as low as 11.99% per annum. And, the processing fees range between 0-6% of the loan amount, to be paid by the applicant. SMFG India Credit NEVER asks applicants for any advance amount before approving or disbursing the loan. 

Foreclosure charges range between 0-7%.

You can use the personal loan EMI calculator to check the EMI amount for different tenures and choose the right tenure based on your repayment capability.

Steps to Apply for an Instant Personal Loan:

At SMFG India Credit, you apply for a personal loan in Muzaffarpur through both ways, online or by visiting the SMFG India Credit branch office. 

To apply for an online personal loan, click on the “Apply Now” button on this page, enter the required information, upload your documents, and submit. The entire online loan application process is self-explanatory and doesn’t require any expert guidance. 

While applying, keep all the digital copies of personal loan documents handy to upload in the relevant field. 

You can also reach out to us on toll-free no- 1800 103 6001, in case of any issue. 

*Terms and Conditions apply

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

Branch Address 1

First Floor, Armi Complex, Near SBI Bank, Ramdayalu Branch, NH-28, Gayathri Nagar, Bikhanpura, Ramdayalu, Muzaffarpur, Bihar - 842 001

Branch Address 2

First Floor, Daya Complex, Kalambagh Road, Aghoria Bazar Chowk,Muzaffarpur, Bihar - 842 002

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).

Reasons to buy

You can take our personal loan for a variety of reasons.

Wedding Expenses

Wedding Expenses

Higher Studies

Higher Studies

Exotic Vacations

Exotic Vacations

Hobbies

Hobbies

 

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