Interest Rate
14 - 26
Processing Fee
2% Max
Loan amount
25000.00 - 1500000.00
Tenure
5 years
Avail funds as high as Rs. 15 Lacs if you're a salaried individuals.

Tenure ranging from 6 months to up to 36 months.

The processing fees is equal to 2% of the loan amount.

Interest rate ranging between 14% to up to maximum of 26% per annum.

Aditya Birla Capital offers you personal loan for almost any reason under the sun starting from Rs. 25,000 to as high as Rs. 15 Lacs. No need to stuck in tiresome procedures as you can get funds within 30 minutes of approval. The Processing Fee charged by financial institution is 2% of the loan amount. You are required to pay your loan amount within 6 months to up to 36 months which is quite a short period of time.

If you are rid of paying unnecessary prepayment fee charged by banks then take a look on Aditya birla Capital as this financial institution does not charge any Prepayment fees. The interest rate charged by financial institution is ranging from 14% to up to maximum of 26% per annum. The penal fee charged by financial institution is 24% per annum or 2% per month on the overdue amount, Rs. 750 per instance for EMI Bounce Charges and Rs. 750 per instance for swap charges. The NOC issuance charges are Rs. 500. If you have any financial difficulty or want to reschedule the loan, then you have to pay a certain fee as a loan rescheduling charges which is 0.50% or as mutually agreed with the lender.

Aditya Birla Capital Personal Loan at a glance


Aditya Birla Capital Personal Loan
Annual Interest Rate 14% - 26%
Loan Term 6 Months - 36 Months
Loan Amount Rs. 25,000 - Rs. 15 Lacs
Time of Funding Within 30 minutes
Pre-Closure Charges Nil

Aditya Birla Capital Personal Loan Rate of Interest


Personal Loan Type Applicable Interest Rate
Aditya Birla Capital Personal Loan 14% - 26% per annum

Aditya Birla Capital Personal Loan Eligibility


  • Minimum age of the applicant should be at least 23 years at the time of loan application.
  • Maximum age of the applicant should not be more than 60 years at the time of loan maturity.

Aditya Birla Capital is a Good Fit for you if?


If You’re Salaried

Are you a salaried employee who wants to avail small amount of money? Then this could be a good alternative for you as no pre-closure fee is charged by Aditya Birla Capital on Personal loan. So if you have planned to repay the loan before the due date, then this could be the best option for you.

Why Choose Aditya Birla Capital?


No Prepayment Charges

Are you rid of paying unnecessary fee charged by banks? Have a look on Aditya Birla Capital. Unlike other banks or financial institutions charging unnecessary fee on pre-payment charges, like ICICI Bank which charges 5% per annum of principal outstanding or HDFC Bank which charges 2% to up to 4% per annum, Aditya Birla does not charge any fee on pre-payment. So you can take advantage of this and can apply for a loan at financial institution.

Quick Online Approval

If you have an urgent requirement of loan, then no need to stuck in tiresome procedures as Aditya Birla Capital offers approval on online application as quickly as within 30 minutes of application. So do not waste your time on lengthy procedures and apply your personal loan from Aditya Birla for instant approval.

What to watch out for?


No Loan if You have Credit Score lower than Good

Almost every lenders needs your credit score to check whether you are good for personal loan or not. So if you want to apply for personal loan from Aditya Birla capital, then you must know that this financial institution offers personal loan to only those applicants who are having good credit score or a credit score of more than 750 points. So applying personal loan from Aditya Birla is not applicable for all borrowers.

High Interest Rate

The interest rate charged by Aditya Birla is ranging from 14% per annum to and goes as high as 26% per annum, which is quite high as compared to other competing banks or financial institutions such as Bajaj Finserv which charges interest rate of 12.99% to up to maximum of 18% per annum, while 15.5% per annum to 24% per annum in case of Axis Bank.

Less Repayment Period

If you have financial problems or any other problem and you are unable to pay the amount within 36 months, then applying loan from Aditya Birla could not be a good fit for you as here, the tenure to repay your loan is ranging from 12 months to up to maximum of 36 months which is quite a short period of time as compared to other competing banks/financial institutions such as Bajaj Finserv and Capital First offering maximum tenure ranging from 60 months to long as 96 months or 5 years to as long as 8 years depending upon the borrowers profile.

Compare Aditya Birla Capital Personal Loans to Other Banks


Bank Name Aditya Birla Bajaj Finserv Capital First
Typical APR 14% - 26% 12.99% - 18% 12% - 18%
Loan Term 6 Months - 36 Months 12 Months - 96 Months 12 Months - 60 Months
Maximum Lending Amount Rs. 15 Lacs Rs. 35 Lacs Rs. 25 Lacs
Processing Fee 2% of the loan amount Up to 3% of the loan amount Up to 1.50% of the loan amount
Time to Funding Within 30 minutes Within 24 hours of Approval Within 24 hours of Approval
Pre-Closure Nil Zero to Upto 4% 5% of the Principal Outstanding

It is good to compare the offers or fees charged by various banks/financial institutions before you settle on one. Starting from the maximum lending amount, Aditya Birla lends Personal loan of up to Rs. 15 Lacs while Bajaj Finserv can lend up to Rs. 35 Lacs and Rs. 25 Lacs in case of Capital First. Aditya Birla provides loan within 30 minutes as compared to other Banks/FIs such as Bajaj Finserv and Capital First which lend funds within 24 hours of approval. The tenure to repay the loan amount is 6 months to up to maximum of 36 months, 12 months to as long as 96 months in case of Bajaj Finserv and 12 months to up to 60 months in case of Capital First.

The Processing fees charged on personal loans varies from banks to banks. As Aditya birla charges a processing fee of 2% of the loan amount, while in case of Bajaj Finserv, it 3% of the loan amount and up to 1.50% of the loan amount in case of Capital First. The typical APR charged by Aditya Birla ranging from 14% to up to 26% per annum, while Bajaj Finserv charged 12.99% to up to 18% per annum and in case of Capital First, it charges 12% to up to 18%. The advantage of applying personal loan from Aditya Birla is that it does not charge any pre-closure fees as compared to other banks/FIs such as Bajaj Finance which charges zero to up to 4% and Capital First charging 5% of the principal outstanding.

Loan Offerings


Aditya Birla Capital Personal Loan

Aditya Birla offers personal loan as high as Rs. 15 Lacs to salaried individuals only with a tenure to repay the loan amount within 6 months to up to 36 months. The processing fees charged by Aditya Birla Capital equals to 2% of the loan amount and the interest rate ranging between 14% to up to maximum of 26% per annum.

Aditya Birla Capital Personal Loan Documents


Documents required for Salaried Personal Loan:

  • Copy of PAN Card
  • Last 6 months' Salary Account statement
  • Last 3 months' salary slip/certificate along with Form 16
  • KYC documents as requested
  • Processing Fee Cheque

Documents required for the Self-Employed Professionals:

  • Copy of PAN Card
  • Business Finance documents such as Balance Sheet for Last 2 years
  • Last 2 years ITR with computation of Profit and Loss
  • KYC documents as requested
  • Latest 12 months Bank Statement (Both Business and Savings)
  • Processing Fee Cheque

How do I apply for Aditya Birla Capital Personal Loan?


At Kredit

  • Just click on ‘’Get Started’ button given below.
  • Fill the required details such as, loan amount, purpose, and monthly salary etc.

At nearest Aditya Birla Capital Location

  • You can get the application form by visiting any of your nearest branch of Aditya Birla. Or you can click here to download the personal loan application form for Individuals. To download the personal loan application form for non-individuals, click here.
  • Fill the necessary details required by the banks.
  • Now, submit this application form at any of your nearest branch of Aditya Birla.

After I Apply?


Check Loan Status

Through Online Tracking Page

  • Click here to go to status tracking page of aditya birla personal loan.
  • Enter your application number and pan card number, then ‘’SUBMIT’’.

Through Customer Care

  • Dial 1800-270-7000
  • Press 1 to continue in English and Press 2 for Hindi or any other regional language
  • Now Press 2 and wait for the customer care executive to connect your call to them

Fees & Charges


Type of Charges Applicable Amount
Processing Charges 2% of the loan amount
Foreclosure Charges
Allowed after 6 months
Nil for Personal Loan
Rs. 1000 per instance for Personal Loan Balance Transfer
Penal Charges 24% per annum (2% per month) on the overdue amount
EMI Bounce Charges Rs. 750 per instance
Swap Charges Rs. 750 per instance
NOC Issuance Charges Rs. 500
ELoan Rescheduling 0.50% or as mutually agreed with the lender

Aditya Birla charges a processing fee which is equal to 2% of the loan amount. There is no foreclosure fees charges on Pension loan but charges Rs. 1,000 per instance for personal loan balance transfer which is allowed after 6 months of approval. The penal charges charged by the financial institution is 24% per annum or 2% per month on the overdue amount.

The EMI bounce charges charged by Aditya Birla is Rs. 750 per instance and the swap charges are Rs. 750 per instance. This financial institution charges Rs. 500 as a NOC Issuance fee and if you have any financial difficulty or want to reschedule the loan, then you have to pay a certain fee as a loan rescheduling charges which is 0.50% or as mutually agreed with the lender.

FAQs


How can I contact Aditya Birla customer care support?

You can call them on their toll free number which is 1800-270-7000 or you can mail them on [email protected]

Can I have co-applicant on my personal loan?

Yes, co-applicant is allowed to enhance eligibility criteria.

What is the current MCLR rate applicable on Aditya Birla personal loans?

The current applicable MCLR rate applicable on Aditya Birla Personal loan is 16.60% per annum for loan with maximum 12 months tenure and 17.35% per annum for up to loans more than 12 months tenure.

Personal Loan
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2019-07-08

Quick Approval.

My Personal Loan was instantly approved with 1 hour when I applied for it.

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