Personal Loan without Security

Overview

A personal loan is an unsecured debt that can be used for an emergency as well as for medical, housekeeping or large transactions; hence no collateral is required for the same. However your income, monthly expenses & other parameters would be taken into account before sanctioning you a loan.

How to Avail Personal Loan without Security?

• Assuming you are eligible for a personal loan*, you can either start your application online
• Or alternately, you can visit us at your nearest branch or speak to our customer care representative.

Please note that at SMFG India Credit, personal loans are provided to customers who satisfy various eligibility criteria and have the requisite documents.

*If you want to know what is the eligibility to get a personal loan without collateral, visit personal loan eligibility page.

Documents Required for Personal Loan

• Recent passport-sized photographs
• Completed personal loan application form
• Age proof (Passport/PAN card/Certificate from a statutory authority)
• Identity proof (Driving license/voter ID card/Passport/PAN card)
• Address proof (Telephone bill/electricity bill/Passport/driving license/ration card/rental agreement/bank statement or passbook)
• No salary slip required, bank statements submitted should display salary being credited (for Salaried) or Income statements (for self-employed)
• Bank passbook/statement of the last 12 months
• Form 16
• Income tax returns
• Processing fee cheque