Aditya Birla Personal Loan

Below are some key details of the Aditya Birla loan for personal use:

The following are the details of the Aditya Birla Personal Loan Interest Rate, processing fee, and other charges associated with the Aditya Birla Personal Loan:

• Interest rate: 10.99% p.a. onwards.
• Processing fee: Up to 1.5% to 4% of the loan amount.
• Pre-closure quote: ₹1,000 + GST per instance.
• Part prepayment charges: Nil for part prepayment below 20% of the principal outstanding amount & 4% + GST otherwise.
• Foreclosure charges: 4% of the principal outstanding amount + GST. 
• Cheque return charges: ₹500.
• Penal charges: 3% of the pending amount per month.
• Loan cancellation charges: 4% of the loan amount disbursed + taxes.
• Loan re-schedule charges: ₹5,000 + GST per instance.
• CIBIL report retrieval fee: ₹100 + GST per instance.
• Charge for exchanging PDCs/ECS: ₹750 + GST per instance.
• Annual maintenance charges for Flexi Loan: 0.25% on the total withdrawable amount + GST.
• Stamp duty: As per actual, if applicable.
• Insurance premium: As per actual, if applicable.
• Any other charges: As per actual, if applicable.

The following are the attractive features and benefits of Aditya Birla Personal Loan:

• The loan can be used for any purpose, as the end-use for the loan is not defined.
• The amount of the loan offered is up to ₹40 Lakhs, depending on the borrower’s income, CIBIL score, and repayment capacity.
• The interest charged for the loan starts from 10.99% p.a. and remains fixed for the entire tenure.
• A processing fee of up to 1.5% to 4% of the loan amount is also charged on the sanctioned loan amount.
• The loan can be repaid within a maximum period of up to 7 years in flexible repayment options of ECS and NACH.
• No collateral security is required to acquire this loan.
• Applicants can club the income of a co-applicant to enhance their loan eligibility.
• Get the loan amount instantly within 24 hours of approval, for emergencies.
• Prepayment of the loan is allowed after 12 months from the loan disbursement date.

Below is the comparison of the Aditya Birla personal loan with other lenders:

The following are the Aditya Birla Personal Loan eligibility criteria:

• The age of the applicant should be between 21 and 60 years.
• The applicant should be a salaried individual, drawing their salary through a bank account.
• The applicant should have a good CIBIL score, preferably above 750 or above.
• You can apply for the loan individually or jointly with a family member (with a good credit score) as a co-applicant (such as your spouse or parents), to increase your loan amount eligibility. 

The following documents are required for Aditya Birla Personal Loan:

• Identity & Address Proof: Passport/ Aadhaar Card/ Voter's ID Card/ Driving License/ Job Card issued by NREGA/ Registration Certificate/ PAN Card (PAN Card only as identity proof).
• Income Proof: Last 3 months’ Salary Slips showing all deductions, latest Form 16, and last 6 months' Bank Statements of the account where the salary is being credited.
• Existing loan proof: Loan statements (if you have an existing loan).

• Visit the official website of Aditya Birla Capital or download its app on your mobile.
• Verify your eligibility using the online calculator.
• Register with your Aadhaar-linked mobile number and complete the online application form with personal, employment, and income details.
• Upload/ submit scanned copies of KYC and income proof documents.
• Review and submit all details and the application.
• Once your loan request is approved, funds will be disbursed to your bank account within a few hours. 

You can contact the Aditya Birla Personal Loan Customer Care through any of the following ways for any queries regarding Aditya Birla Personal Loan:

• Helpline number: 1800-270-7000, 8 AM to 7 PM, Monday to Sunday
• Service branches: Visit the nearby service branch from 10:00 AM to 5:00 PM, Monday to Friday, and on alternative Saturdays (branches are closed on 1st & 2nd Saturdays and all Sundays).