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.

Privacy

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

Competitive Interest Rates

We provide reasonable interest rates beginning at 13%* per annum, allowing you to plan your EMIs with ease.

Quick Loan Repayment

Loans are credited to your chosen account 30 minutes* after loan approval.

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:

Interest Rates On Personal Loans In Raipur

SMFG India Credit Personal Interest Rates:

How To Apply For A Personal Loan In Raipur

Follow these steps for a smooth personal loan application process with SMFG India Credit:

1. Start your application by clicking here.
2. Key in necessary information like mobile number, PAN, pincode, and employment type (self-employed or salaried).
3. Complete mobile authentication with an OTP and proceed to email ID verification.
4. Enter additional details such as email address, birth date, gender, and annual earnings.
5. Review the loan's terms tailored to your needs, focusing on the repayment plan and loan amount. Once you are satisfied, confirm your acceptance. We will give you an option to choose a higher loan amount.
6. If you are employed with an organisation, you need to provide specific employment details.
7. Conduct the required digital verifications for identity and address through CKYC, OKYC, or DigiLocker.
8. Submit bank account details. After we verify them, you will be directed to give some extra information in the section for ‘Additional Details’.
9. Choose your payment method, either debit card or internet banking, and establish eNACH.
10. Review and sign the loan contract digitally, confirming it with an OTP.

Following these simple steps to get a personal loan will assist you in reaching your financial objectives.

Apply for Personal Loan