Aditya Birla Finance Limited provides personal loans starting from 13% per annum for salaried individuals. These loans are available for amounts of up to Rs 50 lakh and can be repaid over a period of up to 7 years. Aditya Birla Personal Loans are versatile and can be used to finance a range of personal needs, such as medical emergencies, education expenses, weddings, travel, home improvements, and the purchase of electronic and household items, among others.
Up to ₹50L
30% - 28%
7 Years
Upto 3%
| Type | Interest Rate (p.a.) |
|---|---|
| Minimum APR | 13% |
| Maximum APR | 28% |
Aditya Birla Personal Loan Highlights |
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|---|---|
| Interest Rate |
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| Loan Amount | Up to Rs 50 lakh |
| Tenure | Up to 7 years |
| Processing Fees | Up to 3% of the loan amount |
| Table of Contents | ||
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| Comparison of Aditya Birla Finance Personal Loan and Other Lenders | ||
| Fees & Charges | ||
| EMI Calculator | ||
| Eligibility Criteria | ||
| Documents Required | ||
| FAQs | ||
| Banks/NBFCs | Interest Rates(p.a.) | |
|---|---|---|
| Axis Bank | 10.49% onwards | Apply Now |
| IndusInd Bank | 10.49% onwards | Apply Now |
| IDFC First Bank | 10.49% onwards | Apply Now |
| HDFC Bank | 10.50% onwards | Apply Now |
| ICICI Bank | 10.50% onwards | Apply Now |
| Kotak Mahindra Bank | 10.99% onwards | Apply Now |
| Tata Capital | 10.99% onwards | Apply Now |
| Bajaj Finserv | 11.00% onwards | Apply Now |
| Federal Bank | 11.49% onwards | Apply Now |
| DMI Finance | 12.00% - 40.00% | Apply Now |
| L&T Finance | 12.00% onwards | Apply Now |
| Kreditbee | 12.25% - 30.00% | Apply Now |
| MoneyTap | 12.96% onwards | Apply Now |
| Piramal Finance | 12.99% onwards | Apply Now |
| Aditya Birla | 13.00% onwards | Apply Now |
| MoneyView | 15.96% onwards | Apply Now |
| Cashe | 27.00% onwards | Apply Now |
Also read: Best Personal Loan Interest Rate
| Particulars | Rates | |
|---|---|---|
| Processing Fee | Up to 3% of the loan amount | |
| Pre-closure Charges | Rs 1,000 + GST | |
| Cheque Return Charges | Rs 500 + GST | |
| CIBIL Report Retrieval Charges | Rs 100 + GST | |
| Stamp Duty | As per actuals | |
| Loan Cancellation Charges | 4% of loan amount + GST | |
| Default penal charges | 3% of pending amount per month | |
| Insurance premium | As per actuals | |
| CIBIL report retrieval charges | Rs 100 + GST | |
| Part Pre-payment Charges |
For Term Loan Facility:
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| Foreclosure Charges |
For Term Loan: 4% of the principal outstanding + GST
For Flexi Personal Loan: 4% of the withdrawn amount + GST
Foreclosure is allowed only 12 months after the loan disbursalAlso know the processing
fee for personal loan
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Also read: Best Personal Loan in India
Aditya Birla Personal Loan
Purpose: Aditya Birla Finance provides personal loans to employed individuals for various personal needs like buying household or electronic items, covering education costs, funding weddings, handling medical emergencies, home improvements, and supporting travel plans
Loan Amount: Up to Rs 50 lakh
Tenure: Up to 7 years
Aditya Birla Flexi Personal Loan
Purpose: Aditya Birla Flexi Personal Loan is an overdraft facility for personal loans. With this option, applicants can access funds from their loan account up to a set limit, depending on their credit profile. They can then repay the loan as per their cash flow availability.
Tenure: Up to 7 years
Also read: Best Personal Loan EMI Calculator
Aditya Birla Finance may also take into account the applicant's monthly income, credit score, and the employer's profile, similar to the criteria used by other banks and NBFCs when determining personal loan eligibility.
Also read: Best Personal Loan Eligibility
Also Read: Best Personal Loan Documents Required
Personal loan applicants are not required to provide any security or collateral when applying for a personal loan with Aditya Birla Finance.
Aditya Birla Finance provides personal loans with a fixed rate of interest.
Also read: Best Personal Loan Balance Transfer
Aditya Birla Finance offers personal loan to salaried individuals only.
Yes, Aditya Birla Finance allows the applicants to club the income of the co-applicant while applying for personal loan.
Also read: Best Personal Loan Salaried Employees
While Aditya Birla Finance has not specified a specific credit score cutoff for personal loan applicants, individuals with credit scores of 750 and above typically have a better chance of securing personal loans with lower interest rates.
