SMFG personal loan details - best personal loan for salaried in india - low interest best personal loan - fullerton indian personal loan - 2024
Sumitomo Mitsui Financial Group, Inc
PERSONAL LOAN FOR SALARIED AND SELF-EMPLOYED PERSION IN INDIA
This company have been trusted financial enabler for millions of Indians since 2007 , with over 760 branches across india , also offer customized solution to suit a variety of needs at a city,town or village closest to you ,so that you can fulfil the milestone of your life
SMFG indian credit offers personal loan at low interest
rates to eligible customers.currently online application emeables salaried
individuals to apply for a personal loan , also smfg india credit offers
unsecured self employed personal loans upro 10 lakhs , the amount may vary
depending on your individual profile and the companys policy at the time of
loan application
SMFG Highlights
* Attractive interest rates
* 100% paperless application process
* Quick disbursal
* Additional benefits for existing customers
Personl loan overview
* Loan amount - starting ₹50,000 to 25lakhs
* Interedt rates - nearly 12 to 24% per annum
* Processing fee - 0 to 6% of the loan amount
* LoanTenure - 12 to 60 months
* Prepayment charges - upto 7% from remaining principal amount
Personal loan eligiblity for salaried persion
Age - between 21 to 60 years
employment - salaried or self employed
minimum income - ₹20000 to 25000
credit score - 750/or above with good credit history
nationality - must have indian
work experience - overall work experience of 1+ years
Personal Loan eligiblity For Self-Employed
Minimum Income - Minimum annual turnover & yearly profit after taxes according to nature of profession or domain of work.
Minimum Years of Business Existence - 3 years
Age Of Applicant - Between 22 and 60 years
Credit Score - 750 or above
EMI As Fraction Of Income - Maximum of 65%
Loan Amount - Up to INR 10 Lakhs
Interest Rates - 11 99% onwards
Repayment Tenure - Upto 60 months
Documents to Apply for a Personal Loan
When applying for a personal loan, you will need to submit the following documents:
1 PAN Card
2 Identity proof (Aadhaar Card, Orving licence, Passport, Voter ICI, etc.)
3Signature Proof (Passport, FAN card, etc)
4Address proof (Passport copy Aadhaar card, onving licence, utility bill-gas or electioily bill, Veter ID, ration card, rent agreement etc
5 Bank statements of the past 6 months
Additional Personal Loan Documents for Salaried
1.Salary slips for the last three months
2.income tax returns OR: form 16
Additional Personal Loan Documents for Self-Employed
a Balance sheet and profit and loss account, income computation for the last 2 years
b. Income Tax Returns for the last 2 years
c. Business proof (License, registration certificate, GST number)
d. IT Assessment OR Clearance Certificate
e Income Tax Challans OR TDS Certificate (Form 16A) OR Form 26 AS for income declared in ITR
please note that depending on your individual profile and SMFG India Credit's policy at the time of loan application, additional documents may be requested.
SMFG request you to submit accurate details and papers so that we can process your loan application in the shortest possible time.
Why SMFG India Credit?
* 770+ Branches in all over India
*16 Years of Service in Market
*3.6M+ Customers of SMFG India Credit Co. Ltd
* Allows you to apply for Personal Loans at your own convenience from anywhere
Features of SMFG India Credit InstaLoan app
★ Get Instant Personal Loan up to 25 Lakhs*
★100% online loan application
★Hassle-Free Documentation
★Fast loan approval
★Competitive interest rates starting from 11.99%* p.a
★ Flexible Repayment Tenure - 12 to 60 Months
How to Apply for a Personal Loan in India through SMFG India Credit InstaLoan App?
Here are the 7 easy steps to apply:
1. Install the SMFG India Credit InstaLoan App from Google Play Store
2. Sign-up with your mobile number
3. Fill in your basic info - Name, Address, DOB, Gender, Marital status, etc.
4. Fill in your employment & income details-includes details like name of your current company, salary, etc.
5.Fill in your bank account info
6. Scan & upload documents
7. Click on Submit
Loan Application Process
1. After Submitting your Instant Loan Application, you will be instantly informed of your eligibility & the personal loan amount you are eligible for.
2. If you wish to proceed further, you will be given a loan application no. through which you can track the status of your personal loan application.
3 . On receipt of all documents, your online loan application will be processed.
4. If your loan application clears all verification checks, your loan will be sanctioned. After we receive your signed loan agreement, you will receive the loan amount directly in your bank account within 24 hours
Personal Loan for Salaried Borrowers: SMFG India Credit InstaLoan app is a specially designed product for professionals working in private/public companies. Any dream, big or small, can be funded anytime & anywhere with our instant personal loan app in India. With this online loan app, salaried residents can receive instant loans easily.
Contact SMFG india credit
Email: namaste@smfgindia.com
Phone: 18001036001 (9 AM to 7 PM except for Sundays & Public Holidays)
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