Boasting a rich and culturally diverse heritage, Thanjavur (Tanjore) is a city in Tamil Nadu. The former capital of the Chola dynasty is known as the hub of rice production. This city is known for the Brihadeeswarar Temple, the Aranthangi Mahal, and the Thanjavur Natyanjali Dance Festival. Thanjavur paintings are appreciated for their elaborate detailing, vibrant colours, and use of gold leaf.
In this richly textured setting, the need for financial support becomes integral for individuals seeking to realize personal aspirations. In this article, we'll delve into the features, eligibility criteria, documentation requirements, and application process to apply for a personal loan in Thanjavur.
SMFG India Credit offers a seamless loan application process at your convenience. Be it any time of the day, you can apply for a personal loan online and save your precious time.
Our executives initiate the document verification process immediately after the receipt of the application form.
We take the trust you've placed in us seriously. Rest assured, we will never compromise the confidentiality of your data.
We offer personal loans starting with an interest rate of 13%* per annum.
Prompt disbursement after loan approval ensures timely availability of funds.
You can customize your repayment schedule anytime from 2 to 60 months without burdening your finances.
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 |
PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID |
|
Compulsory Documents |
Coloured passport-size photograph, Duly filled loan application form |
IT returns for the previous two years, IT challans, TDS certificate, Form 26AS |
|
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% |
|
Stamp Duty |
Depending on the residence of the applicant |
|
Loan Cancellation Charges |
INR 1000 + GST |
|
Cheque/ECS/NACH Dishonoured Charges |
INR 500 |
Start your personal loan application with SMFG India Credit:
Give necessary details such as your mobile number, PAN, pincode, and employment status (salaried or self-employed).
Complete the OTP verification for your mobile number with a 6-digit OTP.
Proceed to add your email address, birth date, gender, and annual household income details, and ensure that you verify your email ID.
Salaried applicants are required to provide their employment details.
To proceed, please provide your bank statement via Net Banking, an Account Aggregator, or by uploading it. This will allow us to generate a loan offer.
Verify your identity by taking a selfie and submitting your address details through CKYC, Offline Aadhaar XML-based KYC, or DigiLocker.
Provide your bank account information for verification purposes.
Following bank account verification from us, fill in the ‘Additional Details’ section with information such as marital status, loan purpose, father’s name, as well as mother’s maiden name.
Choose between a debit card and internet banking for your re-payment mode and set up E-NACH.
Review, digitally sign, and validate the loan agreement using an OTP.
Secure a personal loan by following these easy steps and move closer to your financial goals.
* 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
First Floor, Lourdhu Complex, No:-25 Loorthu Nagar, Pudukottai Road, Thanjavur District
Branch Address 2
Ground & First Floor, Flat 99, VP Garden No.1, Vallam Road, Neelagiri Therkku Thottam Village, Thanjavur Town, Tamil Nadu - 613007
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).
An online loan eligibility calculator is a valuable tool to get clarity on your suitability for a personal loan. Lenders consider individual factors such as location, monthly income, good credit score, and current existing financial obligations to determine your creditworthiness.
Applying online for a personal loan in Thanjavur offers you several benefits, such as ease of application, flexible repayment tenures and minimal paperwork. Our dedicated team of customer service executives is there to assist you in your personal loan journey.
To secure a lower loan interest rate, consider these strategies: maintain a strong CIBIL score (at least 700), opt for reputable lenders, minimize your debt-to-income ratio, engage a co-signer or guarantor for added credibility, and ensure timely payment of all debts to avoid overdue accounts.
No, it will not have a negative impact if you are earning more than your previous job. However, lending institutions would suggest a readjustment of your loan terms and interest rates to help you stay on track. Remember to keep your lender informed of new developments to avoid potential issues in the future.