SMFG India Credit Bank Personal Loan
SMFG India Credit is a Non-Banking Finance Company. Apply personal loan for salaried online at SMFG India Credit that offers benefits like ? Loan upto 20 lakhs*, Flexible Interest Rates. Get Personal Loan for Self-Employed Professionals up to 30 Lakhs at an attractive interest rate at SMFG India Credit. You can avail a personal loan for Wedding, Holiday, Home Improvement, Emergency situations & Special offers for Doctors.
SMFG India Credit Personal Loan offers:
SMFG India Credit Personal Loan offers:
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Instant Apply for SMFG India Credit Personal Loan @ Lowest Rates & your CIBIL score absolutely FREE.
SMFG India Credit Personal Loan Details:
| Interest Rates | 11.99% - 26.00% |
| Processing Fee | 2.00% |
| Foreclosure charges | Upto 7%, 0% after 3 years |
| Repayment | 12 - 48 Months |
| Loan Amount | Maximum 20 Lakh |
| Minimum loan amount | Rs. 65,000 (Metro & Tier 1 cities), Rs. 50000 (Tier 2,3 and 4 cities) |
Fullerton India Personal loan Interest Rates 2023 |
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| Interest Rates | Pre Payment Charges Charges |
Processing Fees |
| 11.99% - 26% | Upto 7.00%, 0% after 3 years | 2% |
Eligibility for Women Customers in SMFG India Credit Personal Loan
- Women Applicants from Metropolitan, Urban as well as Semi Urban Areas.
- Special Interest Rates – 2.00% lower from applicable base interest rates.
- Maximum Loan available upto Rs.10 lakh
- Repayment Period of upto 48 Months or 4 Years.
Eligibility Criteria for SMFG India Credit Personal Loan
| Age of Applicant | Min-21 years ; Max-60 years. |
| No. of years in employment | 3 years & above |
| Current Experience | 6 months & above |
| Net Monthly Income | Rs. 12,500/- & above |
Documents List for SMFG India Credit Personal Loan
| Identity Proof | Passport/ driving license/PAN card/ Photo credit card (with embossed Signature and last two months statement)/ banker’s sign verification |
| Age Proof | PAN Card/ Passport/ driving license/ School leaving certificate/ Voter’s card/ BirthCertificate/ LIC policy (only for age Proof). |
| Address Proof | Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements) |
| Income Proof | Latest 3 months salary slip (Computerized pay slip with company Logo/pay slip on company letter head) |
| Job Continuity Proof | Form 16/relieving letter/appointment Letter. |
| Banking History | Bank statements of latest 6 months |
SMFG India Credit Personal Loan EMI Calculator
Suppose, you avail a personal loan of 5 Lakh so as to make a down payment for your Home Loan. After checking your profile ( like Salary, Company, Other Loan amounts) offer you the loan at an interest rate of 15% per annum for a tenure of 5 years. So before signing the agreement, let’s take a look at the table below to know the exact calculation of EMIs, Interest and Total Amount Payable on a personal loan by you. Loan Amount = Rs. 5,00,000 Monthly Instalment (EMI) = Rs. 11,895| Year | Principal | Interest | Balance Amount |
| 1 | Rs. 72,599 | Rs. 70,141 | Rs. 427,401 |
| 2 | Rs. 84,266 | Rs. 58,474 | Rs. 343,135 |
| 3 | Rs. 97,814 | Rs. 44,926 | Rs. 245,321 |
| 4 | Rs. 113,538 | Rs. 29,202 | Rs. 131,783 |
| 5 | Rs. 131,930 | Rs. 10,950 | Rs. 0 |
Compare SMFG India Credit Personal Loan Interest Rates with Other Banks
| Bank Name | Interest Rate |
Estimated EMI as Per Lac (for 5 years) |
| HDFC Bank Personal Loan | 10.75% - 13.45% |
Rs.2326 - Rs.2776 |
| ICICI Bank Personal Loan | 11% - 17.50% |
Rs.2174 - Rs.2512 |
| Bajaj Finance Personal Loan | 11.99% - 16% |
Rs.2419 - Rs.2485 |
| Kotak Mahindra Personal Loan | 10.50% - 16.99% |
Rs.2199 - Rs.2649 |
| Indusind Bank Personal Loan | 12.99% - 20.00% |
Rs. 2,275 - Rs. 2,649 |
| Tata Capital Personal Loan | 11.99% - 17.00% |
Rs. 2,224 - Rs. 2,594 |
| Standard Chartered Personal Loan | 10.99% - 18.00% |
Rs. 2,174 - Rs. 2,539 |
| SMFG India Credit Personal Loan | 11.99% - 26.00% |
Rs. 2,224 - Rs. 2,994 |
| Citibank Personal Loan | 11.49% - 16.50% |
Rs. 2,199 - Rs. 2,458 |
| Capital First Personal Loan | 14% to 20% |
Rs. 2,327 - Rs. 2,649 |