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

Nagpur is one of the fastest-growing cities in not only India but also the world. The city has been proposed as one of the Smart Cities of Maharashtra and is thus primed for a bustle of economic activity. The city is also famous for Deekshabhoomi, the largest hollow Buddhist stupa in the world, and is a major center for tourists as well as political activity. Thus, the city is home to a number of small business owners as well as salaried individuals who are a part of the city’s growth and contribute to the same. At SMFG India Credit, we support the dreams of all such enterprising individuals and wish to be a part of your journey. As a resident of this city, you can apply for a personal loan from SMFG India Credit up to INR 25 lakhs.

We understand that your dreams are important, and thus offer you our full range of digital services to apply for an urgent personal loan in Nagpur. You can apply for a personal loan in Nagpur city online for any purpose – be it to fund your children’s education, organize a wedding, renovate your home, or even for debt consolidation. To know more about how to apply for an instant personal loan, please continue reading.

To Apply for an Urgent Personal Loan in Nagpur:

Please follow these steps

  1. Click on the “Apply Now” button
  2. Select Personal loan from the menu
  3. Select if you are Salaried or Self-employed 
  4. Enter your mobile number and validate it with the OTP received. Please note that this mobile number will be used for all future communication – so please enter the one that belongs to you and is currently in use.
  5. Enter your details as directed in the form. You may be asked to upload documents along the way.
  6. Enter the loan amount you need and select a tenure as per your convenience. You may use our personal loan EMI calculator to make an informed decision.
  7. We encourage you to go through the terms and conditions before you click on “Submit” 

Who is Eligible for a Personal Loan in Nagpur?

Before you apply for an instant personal loan from SMFG India Credit, please go through our basic personal loan eligibility criteria carefully. Actual eligibility will depend upon a number of other parameters as well, including our policy at the time of loan application.

  • The applicant must have a minimum CIBIL score of 750
  • Applicant’s age cannot be less than 21 years at the time of loan application, and shouldn’t be more than 65 years at the time of loan maturity.
  • Salaried applicants must have a minimum income of INR 20,000
  • Self-employed applicants will be evaluated based on yearly profit after tax as well as annual income
  • For salaried applicants, the salary must be credited into the bank account. Candidates who receive cash salaries will not be considered
  • Applicant must be an Indian resident

What is the Documentation for a Personal Loan in Nagpur City?

SMFG India Credit’s hassle-free process allows residents to look for an urgent personal loan in Nagpur immensely. Here’s our minimal list:

  1. PAN Card
  2. Valid address proof, preferably an Aadhaar card. Alternatively, you can also submit other valid documents such as passport copy, driving license, etc.
  3. Letter of appointment (for salaried) or business existence proof (for self-employed) as proof of employment
  4. Last 3 months salary slips (for salaried applicants) or ITR / audited financials (for-self employed applicants)
  5. Bank statements of the past 6 months 

If your Aadhaar card, PAN, mobile number, and bank accounts are all linked, then the process can go even faster for you. Click here to know more.

Please note that depending on your individual profile, additional documents may be requested.

Fees and Charges for a Personal Loan in Nagpur

  • SMFG India Credit offers competitive interest rates starting from 11.99%*
  • We also charge a minimal processing fee between 0 – 6% of the loan amount. If your loan gets approved, this amount will be deducted from the loan amount and the balance will be disbursed to your account.

To know more about the interest rates for a personal loan in Nagpur city, please visit  personal loan fees and charges.

Advantages of Applying for a Personal Loan in Nagpur with SMFG India Credit

  1. Choosing SMFG India Credit for an urgent personal loan in Nagpur can benefit you in the following ways:
  2. Customized offers as per your individual requirement and eligibility
  3. Get loan amounts up to a maximum of INR 25 lakhs*
  4. Instant decisioning and quick disbursals
  5. Hassle-free documentation process. 
  6. Flexible repayment tenures between 12 – 60 months

Apply today to know more. 

*Terms and conditions apply


Contact Us

Branch Address 1

Ground Floor, Plot No. 15, Gandhi Grain Market, Near Chappru Nagar Square, Opp. HDFC Bank, Central Avenue, Nagpur 440008, Maharashtra

Branch Address 2

Plot No. 181, Trimurty Nagar, NIT Layput, Nagpur - 440022, Maharashtra

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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