Aditya Birla Finance Limited offers a personal loan to salaried individuals meeting the eligibility criteria. This personal loan can be availed online with minimum documentation and quick processing and helps an individual to deal with various expenses like a medical emergency, wedding, higher education, home improvement, purchasing a household item, etc. Offering a personal loan amount of upto Rs. 50 lakh, Aditya Birla Finance allows you to repay the amount within maximum 60 months.
Aditya Birla Finance Limited Personal Loan- Eligibility Calculator
An online eligibility calculator is one that can be used by personal loan applicants to check for the loan amount that they are eligible for. Aditya Birla Finance Limited Personal Loan Eligibility Calculator is easy to use and tell if you are eligible for a personal loan in no time. To calculate your loan eligibility at Aditya Birla Finance Limited, you need to fill in the following details and then click ‘Calculate Now’.
- Requested loan amount
- Monthly take home
- Net monthly variable pay
- Existing monthly obligations
- Tenure of loan
- Rate of interest
Aditya Birla Finance Limited Personal Loan- Features
- Easy processing and approval: The personal loans by Aditya Birla Finance Limited are easily processed with the minimum burden of paperwork.
- Loan amount: Aditya Birla Finance Limited offers a personal loan amount of upto Rs. 50 lakh and helps you to deal with various situations at a time.
- Flexible tenure: The tenure for this personal loan goes upto 60 months and can be decided by an individual as per his repayment ability.
- No collateral required: Another advantage of applying for a personal loan with Aditya Birla Finance Limited is that no business or personal collateral needs to be provided to avail the loan.
- Fixed interest rates: The interest rates offered on Aditya Birla Finance Limited Personal Loan are reasonable. Also, you can be sure that the interest rate will not increase during the tenure of the loan as it is fixed for the whole duration, be it 12 months or 60 months.
- Flexible end- use: Once the loan is sanctioned, it can be used for any purpose like a wedding, vacation, medical emergency, higher studies, etc.
Aditya Birla Finance Limited Personal Loan- Eligibility Criteria
- The minimum age to avail an Aditya Birla Finance Limited Personal loan is 23 years and the maximum age is 55 years.
- The minimum monthly income of the individual should be Rs. 45,000.
- A salaried person should have been at their current job for 2 years at the time of applying for the loan.
- They must have stayed at their current residence for at least 1 year at the time of applying for the loan.
Aditya Birla Finance Limited Personal Loan- Interest Rate
The interest rates for an Aditya Birla Finance Limited personal loan range from 14% to 16.25% and is influenced by an individual’s credit score, income, age, repayment history, etc.
Aditya Birla Finance Limited Personal Loan- Additional Fees
|Processing fee||1.25% to 1.75% of the sanctioned loan amount|
|Pre-closure fee in the first year||4% of principal outstanding|
|Pre-closure fee in the second year||3% of principal outstanding|
|Pre-closure fee in subsequent years||2% of principal outstanding|
|Part payment fee||Nil|
|Cancellation fee||4% of loan disbursed|
Aditya Birla Finance Limited Personal Loan- Documents Required
- Filled loan application
- 2 passport size pictures of the loan applicant
- Photo ID proof – Aadhaar card, Driver’s license or PAN card
- Address proof – Voters ID or Passport
- Salary slips for the last 3 months
- Bank statements for the last 6 months of the salary account
- KYC documents
- Income tax returns for the past 2 financial years with computation of the income
- Balance sheets that are chartered accountant certified
Aditya Birla Finance Limited Personal Loan- Customer Care
You can contact the customer care of Aditya Birla Finance Limited through the following mediums:
The toll-free number within India – 1800-270-7000