A personal loan, also known as a signature loan or unsecured loan are loans that you can apply for without the need for any collateral and with minimum documentation. The procedure is hence very quick and simple. At SMFG India Credit, you can get the loan amount within 30 minutes of loan approval and document verification.
Personal loans are generally approved by just scrutinizing the credit history and income of the individual. Higher the CIBIL Score better are the chances of your loan getting approved. A loan amount of up to Rs.25 lakhs* could be sanctioned depending on your income, credit history and other factors including SMFG India Credit’s policy at the time of loan application.
You can apply online for a personal loan in 3 simple steps.
Post loan approval and document verification, the amount will get credited into your account within 30 minutes*.
Personal loan interest rates are set based on various factors, including your credit history. At SMFG India Credit, we offer personal loans with flexible repayment tenure of 12 - 60 months. Based on the selected tenure, you can pay your EMIs online or via cheque. There is also an option of pre-repaying the loan before the fixed maturity date which could be a great way to save on the interest.
*Terms and Conditions apply
You can take our personal loan for a variety of reasons.
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