Aditya Birla Finance

Aditya Birla Personal Loan

ABFL offers personal loans to cover a personal financial emergency. It is a type of unsecured loan offered to salaried individuals with good credit scores at a fixed rate of interest. Applicants can also apply jointly with a co-borrower in order to improve the chances of approval. Flexible loan tenure and multiple repayment options make ABFL personal loan a great option to cover immediate financial requirement. Maximum personal loan of ₹ 50 Lakh can be availed from Aditya Birla Finance Limited.

ABFL has divided its personal loan offerings into two parts- below 5 Lakh and above 5 Lakh. If you wish to take a personal loan below 5 Lakh, you can go to the instant personal loan segment. This is a completely paperless procedure and does not require any documentation for sanction; complete application process can be carried out online. Tenure can range from 12 months to 36 months. ABFL provides online approval on loans less than ₹ 5 Lakh in just 30 minutes.

Aditya Birla Housing Finance

Aditya Birla Housing Finance Limited is, in fact, a separate company under ABCL that caters to the housing finance needs of retail customers. The types of loans offered by ABHF include home purchase loan, home extension loan, home improvement loan, home construction loan, plot purchase loan, etc. Apart from these, ABHF also offers balance transfer facility to the customers under which they can transfer other bank’s home loan into Aditya Birla Home Loan.

Aditya Birla SME Finance

Aditya Birla Finance Limited also offers loans to Small and Medium Enterprises (SME) to meet their working capital needs or to fund any expansion of the business. Financial solutions are offered in the form of unsecured business loan, line of credit, working capital demand loan, secured business loan and supply chain financing. Business loans are offered to SMEs on floating rates of interest. For loans of tenure longer than 12 months, Long Term Reference Rate (LTRR) is taken as a benchmark and for loans up to 12 months tenure, Short Term Reference Rate (STRR) is the benchmark. SME loans aim at providing the financial elasticity to small and medium scale organizations so that they can grow without any hassle.

Aditya Birla Finance- Loan against Securities

This is another financial solution extended by Aditya Birla Finance to small and large businesses. These organizations need fund inflow to meet an emergency or to extend the horizons of its business. As the name suggests, Loan against Securities would require assets to be pledged as collateral security. ABFL offers loan against shares, mutual funds and life insurance policy. Apart from this, it also ventures into ESOP Financing, IPO Financing, Margin Trade Funding and Promoter Funding. The rates of interest on these loans are decided on the basis of Short Term Reference Rate (STRR) or Long Term Reference Rate (LTRR), based on the loan type and tenure.

Aditya Birla Real Estate Finance

Under this segment, Aditya Birla Finance offers property related financial help to retail customers as well as to the businesses. Loan against property is one such offering which helps the borrowers meet sudden financial needs by putting their property as collateral. By taking this loan you can get the much needed funds without having to sell your property. Residential, commercial and industrial properties can be pledged as collateral and the loan proceeds can be used for personal as well as business needs.

Other types of real estate financial solutions by ABFL include Construction Finance, Lease Rental Discounting and Loan for Purchase of Commercial Property. The three of these can be taken to meet the long-term as well as short-term needs of a retail borrower or a business. ABFL also offers loans to construction companies/real estate developers to overcome a financial hurdle and complete their real estate project.

Aditya Birla Corporate Finance

ABFL also offers financial solutions to large-scale corporates to help them scale up their operations to improve functionality and profitability. This may be provided to the corporates in the form of term loans, working capital loans, project finance or structured finance.

• Term Loans can be taken for short-term or long-term and are usually secured in nature.
• Project Finance usually concerns the infrastructure development sector to help them cover the costs of a mid-sized project.
• Structured Finance is a customized financial solution for long-term working capital needs. Cash Flow Backed Loans, Bridge Loans, PE Exit Solution and Acquisition Funding are a few types of Structured Finance by ABFL.

Long-term and Short-Term Reference Rates will be taken as the benchmark at the time of deciding the interest rates on any of these loans.

As discussed above, Aditya Birla Finance Limited is a reputed name in the Indian Financial Sector. It ranks among the top five NBFCs in India and aims to make customers’ lives better by providing financial help in different forms. Some of the reasons why you should choose ABFL are:

• ABFL serves retail customers, High Net worth Individuals (HNI), Ultra-HNIs and corporates.
• It provides a wide range of products and services to suit the needs of different types of customers.
• It is a well-established financial services company in India.
• It offers a highly-competitive rate of interest across all of its products.
• The application process of ABFL is convenient and hassle-free for the customers.
• ABFL has a dedicated team of customer support executives who patiently listen to the customers’ queries/complaints and resolve them at the earliest.