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.
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.
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.
We provide reasonable interest rates beginning at 13%* per annum, allowing you to plan your EMIs with ease.
Approved loan is promptly disbursed.
You no longer have to be concerned about your finances. Plan your repayment schedule between 2 and 60 months in advance.
Salaried: A monthly salary of Rs. 16,000*.
Self-employed: Minimum income assessed by considering annual sales and post-tax profits.
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 |
SMFG India Credit Personal Interest Rates:
|
Personal Loan Interest Rate |
Starting at 13% per annum |
|
Processing Fee |
Up to 3.75% of the total loan amount + GST |
|
Available Loan Amount |
Up to INR 30 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 |
|
Late Payment Charges |
2% per month (24% per annum) on overdue amount calculated on day to day basis payable from the relevant due date till date of actual payment |
|
Prepayment Expenses |
0-7% |
|
Loan Cancellation Charges |
INR 1000 + GST |
|
Cheque/ECS/NACH Dishonoured Charges |
INR 500 |
Follow these steps for a smooth personal loan application process with SMFG India Credit:
Key in necessary information like mobile number, PAN, pincode, and employment type (self-employed or salaried).
Complete mobile authentication with an OTP.
Enter additional details such as email address, birth date, gender, and household annual earnings. Proceed to email ID verification.
If you are employed with an organisation, you need to provide specific employment details.
We request you to share your bank statement through one of the following methods: Net Banking, Account Aggregator, or by uploading the statement. This information will be used to generate a loan offer (for salaried applicants only).
Conduct the required digital verifications for identity and share address information through CKYC, Offline Aadhaar XML-based KYC, or DigiLocker. Capture a selfie as part of identity verification.
Provide your bank account information to facilitate account verification.
After we verify your bank account details, you will be directed to give some extra information in the section for ‘Additional Details’.
Choose your re-payment method, either debit card or internet banking, and establish E-NACH.
Review and acknowledge the terms and conditions by signing the loan contract digitally and confirming it with an OTP.
Following these simple steps to get a personal loan will assist you in reaching your financial objectives.
* 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.
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
1st Floor, Jeet Plaza, Plot no. -2/6(Part), Kh. No. 133/1 (Part), PH No. 108, R. N. M. Raipur, Fafadih, Tah & Dist. Raipur, Chhattisgarh - 492001
Branch Address 3
1st Floor, Jeet Plaza, Plot no. -2/6 (Part), Kh. No. 133/1 (Part), PH No. 108, R. N. M. Raipur, Fafadih, Tah & Dist. Raipur, Chhattisgarh - 492001
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).