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

Calculate Personal Loan EMI

12 Months60 Months

Assuming annual interest rate of 11.99

Calculated EMI*   6,642  Apply For Loan

Loans Upto ` 25 Lakh*

Quick Disbursal

Minimal Documentation

Flexible Tenure

Personal Loan In Raipur

The capital city of Chattisgarh state is a hub of commerce and trade in Central India. When it comes to iron and steel, Raipur boasts a staggering 195 sponge iron plants, 200 steel rolling mills, 6 steel plants, and 35 ferro-alloy plants. Additionally, the city also has multiple agro-industries, plywood factories, and rice-milling plants. Historically, Raipur was part of the Dakshina Kosala Kingdom and a place of prominence in the Haihaya Dynasty and the Satawahana Kingdom.

Amidst this amalgamation of history and progress, the need for financial support becomes paramount for individuals navigating the currents of personal and professional aspirations. SMFG India Credit can be your trusted partner. Let's dive into the intricacies of availing a personal loan in Raipur.

Features And Benefits Of Personal Loan In Raipur

Paperless Application Process

SMFG India Credit believes in making life easier for you. Our 100% paperless loan application process is not only environmentally friendly but also speedy and saves you time.

Loans with No Collateral

Enjoy a stress-free loan application process that does not require collateral.


SMFG India Credit endeavors to keep your data personal and secure at all times.

Competitive Interest Rates

We provide reasonable interest rates beginning at 11.99%* per annum, allowing you to plan your EMIs with ease.

Quick Loan Repayment

Loans are credited to your chosen account 24 hours* or 1 working day* after you apply.

Repayment Schedule that is Flexible

You no longer have to be concerned about your finances. Plan your repayment schedule between 2 and 60 months in advance.

Eligibility Criteria For Instant Personal Loan In Raipur

  • Age Requirement: Salaried individuals must be between 21-60 years old, while self-employed applicants should fall within the 22-60 age range.
  • Nationality: Applicants must be Indian citizens.
  • Work Experience: Salaried candidates need at least one year of overall work experience, with a minimum of six months at their current job. Self-employed individuals should demonstrate three years of business experience.
  • Minimum Monthly Income:

    Salaried: A monthly salary of INR 20,000.

    Self-employed: Minimum income assessed by considering annual sales and post-tax profits.

Documents Required To Apply For A Personal Loan In Raipur

Here is a list of essential documents you must keep ready before applying for a personal loan:

Document Type

Salaried Personnel

Self-Employed Individuals

Identity Proof

PAN Card,Aadhaar Card,Driver’s License,Passport,Voter ID,Coloured passport-size photograph,Duly filled loan

PAN Card,Aadhaar Card,Driver’s License,Passport,Voter ID,Coloured passport-size photograph,Duly filled loan

Compulsory Documents

application form

application form

Income Proof

Salary slips for the last three months,Form 16 or IT returns

IT returns for the previous two years,IT challans,TDS certificate,Form 26AS

Proof of Ongoing Employment

Joining letter/Appointment letter from present employer

Utility Bills,Rent Agreement

Residence/Business Proof

Utility bills,Passport,Driver’s License,Voter ID,Rent Agreement,Ration Card, etc.

License,GST number Registration certificate

Interest Rates On Personal Loans In Raipur

SMFG India Credit Personal Interest Rates:

Personal Loan Interest Rate

Starting at 11.99% per annum

Processing Fee

0-6% of the total loan amount

Available Loan Amount

Up to INR 25 lakhs* (for salaried) and up to INR 10 lakhs* (for self-employed).

Tenure of Loan

Up to 5 years

Minimum EMI Per Month

INR 1,112 for 5 years or 60 months

Delayed EMI Payment Interest

24% per annum on overdue outstanding balance, calculated per day.

Prepayment Expenses


Loan Cancellation Charges

INR 1,000

Cheque/ECS/NACH Dishonoured Charges

INR 300

How To Apply For A Personal Loan In Raipur

Initiate your personal loan application with the following steps:

Step 1: Access the online personal loan application portal.

Step 2: Select your employment status.

Step 3: Provide PAN details, income, and bank details along with your personal information.

Step 4: Upload the necessary documents.

Step 5: The customer service team will review your application and contact you.

Step 6: Collaborate with executive assistance to complete the remaining formalities.

Step 7: Loan disbursal after verification of the application.

Apply for Personal Loan

Contact Us

Branch Address 1

1st floor, Shree Ram Tower, Near Ring Road No. 2, Near Ganpat Chowk, PH No.- 35, KH No. 662/6,Nigam House no – RPR801S00060, Tendua Road, Veer Savarkar Nagar, Hirapur, Raipur Chhattisgarh - 492099

Branch Address 2

Ram Residency, 1st Floor, Opp Hdfc Bank ATM, Near Bottle House, Main Road, Shankar Nagar,Raipur - 492001

Branch Address 3

Mezanine Floor, Shri Gouri Complex, Sadar Bazar, Raipur, Chattisgarh - 492001

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).