Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Check Offer

Aditya Birla Finance Limited, an NBFC registered with the RBI and a subsidiary of Aditya Birla Capital Limited, offers the Aditya Birla Personal Loan (ABPL).

 

ABPL is a quick financing solution for urgent or unforeseen needs as well as planned expenses. It comes with numerous benefits and perks, including competitive interest rates and a simple digital application process.

Aditya Birla Finance Personal Loan Interest Rates & Charges

The Aditya Birla Personal Loan’s rate of interest starts at 13% and goes up to 28%. Here’s a list of Aditya Birla Finance Personal Loan details, including the amount with interest rates, repayment periods, and other charges:

Loan Amount

₹1 Lakh to ₹40 Lakhs

Repayment Period 

12- 84 months 

Interest Rate 

13% to 28% per annum 

Processing Fees

Up to 3% of loan amount + GST

Foreclosure Charges

4% on POS +GST



Charges on Loan Cancellation 

Up to 2% of the loan as actioned amount

CIBIl Report Retrieval Fee

₹50 per instance for consumers and ₹500 per instance for commercial

Disclaimer: The personal loan details mentioned above are subject to change at the discretion of the lender. Kindly check before you apply.

Types of Aditya Birla Finance Personal Loan

Aditya Birla Finance offers personal loans tailored to meet various financial needs. Here are the types of personal loans they offer:

Personal Loan for Travel

Turn your travel dreams into reality with Aditya Birla Finance Limited's travel loan. It covers expenses like flights, hotels, shopping, and transportation with loan amounts of up to ₹50 Lakhs. Enjoy a collateral-free loan, quick approval, flexible eligibility, and competitive interest rates for your trip.

 

Benefits of ABFL Personal Loan for Travel

  • ABFL provides flexible repayment options

  • You get tenure options of up to 7 years

  • It gives you the facility of a maximum loan amount of up to ₹50 Lakhs

  • Convenient repayment methods

  • Fixed interest rates throughout the loan tenure

Personal Loan

Whether it's a wedding, vacation, home renovation, or an unexpected medical emergency, ABFL’s personal loan is the perfect solution for all your financial needs. Enjoy quick access to funds with a seamless application process, low interest rates, and easy EMI options.

 

Benefits of ABFL Personal Loan

  • Choose a repayment tenure of up to 7 years to suit your financial needs

  • Maximum loan of ₹40 Lakhs without any security or collateral

  • Pay easily via ECS or NACH.

  • Combine your income with a co-applicant to increase your loan eligibility

  • Enjoy consistent interest rates throughout the loan tenure, ensuring predictable EMIs

Aditya Birla Finance Personal Loan: Features & Benefits

Here are the facilities you can enjoy when you get an Aditya Birla Personal Loan:

  • Flexible tenures to choose from, going up to 84 months

  • Loan amounts up to ₹40 Lakhs to meet a range of needs

  • Collateral-free financing gives you funds without risking your assets

  • Speedy access to funds with quick disbursal processes

  • Competitive interest rates that make borrowing affordable

Eligibility Criteria for Aditya Birla Finance Personal Loan

To qualify for a personal loan, you need to meet certain requirements. Here are the Aditya Birla Personal Loan eligibility criteria:

  • Age: Between 21 and 60 years

  • Income: Minimum monthly income starting at ₹20,000

  • Employment: A salaried employee, self-employed professional, or business owner with a stable income

  • Credit Score: A score of 700 or above is preferred for favourable loan terms

  • Residency: An Indian resident with valid address proof

Documents Required for Aditya Birla Finance Personal Loan

To apply for a personal loan, you need to provide the following documents:

Know Your Customer (KYC) Documents

  • ID Proof: Passport, Aadhaar Card, Driver's Licence, Voter ID, etc.

  • Address Proof: Passport, Aadhaar Card, Driver's Licence, etc.

Income Proof and Financial Documents

Lenders require the following documents to confirm your income stability and repayment ability:

For Salaried Individuals:

  • Bank statements for the previous 3 months

  • Salary slips for the last 2 months

For Self-employed Individuals:

  • Bank statements for the previous 6 months

  • Profit and loss balance sheets for the last 2 years

  • Proof of business address

  • Office ownership proof

  • Continuity of business proof

Aditya Birla Finance Personal Loan EMI Calculator

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How to Apply for the Aditya Birla Finance Personal Loan

You can carry out the Aditya Birla Personal Loan process digitally from end to end. You can apply for an Aditya Birla personal loan online by following the steps outlined below:

  1. Visit the official website, navigate to the ‘Loan Products’ section, and select ‘Personal Loan’

  2. Select the type of loan you want

  3. Click on ‘Check Offer’ to continue

  4. Fill in your mobile number, enter the OTP, and add other necessary details

  5. Choose the loan amount and submit your application

 

A representative will then contact you and guide you further. Once you finalise the loan terms, the lender will disburse the amount in your bank account.

How Can I Get in touch With the Aditya Birla Finance Customer Care Team

Aditya Birla Finance gives you access to their customer care team to resolve your queries.  Connect with the customer team of Aditya Birla through the following ways:

DISCLAIMER

The information and suggestions provided by BFDL hereinabove is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial advice or endorsement of any sort.

The information including interest rates or fees, loan amount and other charges with regard to any product, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks or NBFCs. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any application or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

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Frequently Asked Questions

What is the turn-around time for Aditya Birla Capital's Personal Loan?

Aditya Birla Capital typically disburses personal loans within 24 hours of approval. However, the timeline may vary based on factors such as income proof, age, credit score, additional documentation, and the verification process.

Can I foreclose my personal loan taken from Aditya Birla Capital?

Yes, the ABFL Personal Loan offers the feature of foreclosing a personal loan after the completion of 6 months of the loan tenure. However, foreclosure may be subject to charges depending on your loan. Be sure to check these before proceeding.

What is the minimum CIBIL score needed for a personal loan from Aditya Birla Finance?

There is no specific CIBIL score that you need to apply for an Aditya Birla Personal Loan. However, keeping your score above 750 is a good idea since it can boost your chances of getting affordable financing.

Is part-prepayment allowed on Aditya Birla's Personal Loan?

Yes, borrowers can prepay an Aditya Birla Personal Loan partially. However, this is subject to certain conditions and charges. The conditions include that prepayment need not be made in the first 12 months and that amount has to be equal to or more than 3 EMIs. The charges will depend on the amount you are prepaying.

How much maximum loan amount can I get for an Aditya Birla Personal Loan?

You can get up to ₹40 Lakhs via the ABFL Direct Personal Loan. However, the amount depends on your eligibility and repayment ability.

Who can apply for Aditya Birla's Personal Loan?

To be eligible for a personal loan, you need to be an Indian resident aged 21-60 years with a steady income, a good credit score (typically above 750), and a stable financial history.

What is the repayment tenure for Aditya Birla's Personal Loan?

The repayment tenure of the Aditya Birla Personal Loan is up to 84 months.

Does the Aditya Birla Personal Loan come with an option of floating and fixed interest rate?

Yes, Aditya Birla Finance Limited offers both fixed and floating-interest-rate personal loans.

Does the income of the co-applicant enhance the main applicant’s Aditya Birla Finance Personal Loan eligibility?

You can club the co-applicants’ income when applying for an Aditya Birla Finance Personal Loan to enhance your eligibility.

Can self-employed individuals get a personal loan from Aditya Birla Finance?

Yes, by fulfilling the set eligibility criteria, self-employed individuals can get an Aditya Birla Finance Personal Loan.

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