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.
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.
You can take our personal loan for a variety of reasons.
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Curious to know the maximum and minimum duration for personal loan? Read our blog to find out and get all the answers you want.
Are you applying for a personal loan as a co-signer or co-applicant? There are major differences between these two. Learn more!