Incorporated in 1991, Aditya Birla Finance Limited has become a force to reckon with today, in the world of NBFCs. Its reputation has made it one of the best financial services companies of India and a powerful wing of its holding company Aditya Birla Capital Limited. It is one of the largest five NBFCs in the country. Their broad range of financial products and services give end to end solutions to a very wide set of people. Be it personal loans, housing finance for individuals or structured finance, wealth management solutions for corporates and SMEs, the company offers them all. Let’s look at the different solutions offered by Aditya Birla Finance through their sister-companies and financial products.
Aditya Birla Finance is a trusted company offering Personal loans to salaried individuals in the 23 to 55 year age bracket. Personal loan is a mass product today and anyone with a financial emergency can borrow help from the companies extending financial credit at a fixed rate of interest. The loan tenure is a year to three years and can be opted for carefully.
Like other types of loans, personal loan is not bound to be used for any specific purpose and it is the best feature of it. It can be used for anything from paying for vacation to paying for wedding or even paying off bills and Aditya Birla Finance Personal Loan is no exception. Personal loan by this bank are available on attractive rates of interest for high loan amount which is good for most purposes. One of the unique features of this bank is that it has some distinct features that every bank in India does not provide.
|Aditya Birla Finance Personal Loan Details Updated on 20th January 2020|
|Loan Amount||Rs.25,000 to Rs.15,00,000|
|Loan Tenure||5 Years|
|Interest Rate||14.00% to 26.00%|
Loanbaba.com provides all the information about Aditya Birla Finance Personal Loan
Loanbaba provides comprehensive information about personal loan schemes by Aditya Birla Finance. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for Aditya Birla Personal Loan online on the financial institution's official website without having to visit the branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on their website. Loanbaba has works closely with Aditya Birla to make sure that you get your loan amounts without any hassle and at the earliest. Personal loans can ease off the pressure on your finances. You need not touch any of your investment assets in case you choose to apply for Aditya Birla personal loan.
Personal Loan at Aditya Birla is convenient with interest rates up to 14% per annum. Keep a check on this page to note the updated interest rate for Aditya Birla Finance personal loan. Loan amount is usually dependent on two factors- credit scores and monthly income. Your credit history may be checked as well as lenders have to ensure the repayment happens at regular intervals.
Aditya Birla Finance has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes. How you utilize the loan amount is up to you and need not be specified to the company. Salaried employees and professionals both need to furnish their documents like income proof, bank statements.
Aditya Birla’s Personal loan product is compartmentalized into two offerings- one for loans up to Rs.5 lakh and the other for loans above Rs.5 lakh. The first type of personal loan is coined as instant personal loan where applicants can avail of fast disbursal service without the hassle of documentation or paper-work. Loan approvals are quick with instant personal loans. Loans above Rs. 5 lakh need to follow due procedure and applicants might have to wait comparatively longer for loan amount to be sanctioned. Instant personal loans are disbursed within 30 minutes by Aditya Birla Finance.
Below provided are important questions about personal loan Aditya Birla Finance.
Employees of Aditya Birla Financial Services Group need not to pay processing fee for loan.
Prepayment or partial payments are not permitted for the first 6 months of the loan tenure.
Personal loan by Aditya Birla does not require any security or guarantors against loan.
Disclaimer:Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Aditya Birla Finance.