Aditya Birla Capital Personal Loan

  • Interest Rate starting from 14%
  • Loan Amount up to Rs.50 lakhs
  • Loan Tenure up to 7 years
  • Processing Fee up to 2% of loan amount + GST
Get Aditya Birla Personal Loan

Aditya Birla Capital offers borrowers Personal Loans of up to Rs.50 lakhs for a tenure that extends as long as 7 years. The funds availed can be used for purposes ranging from children’s education, travel, purchase of electronic goods, medical emergencies, home renovation and weddings. 

Aditya Birla Capital Personal Loan Summary
Interest Rate 14% onwards
Loan Amount Up to Rs.50 lakhs
Loan Tenure Up to 7 years
Processing Charges Up to 2% of loan amount + GST

Note : The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.

Aditya Birla Personal Loan Eligibility

To be eligible for an Aditya Birla Finance Limited Personal Loan,

An Applicant must be:
  • A salaried professional with a monthly income.
  • Between the ages of 23 and 60 years.

Check out the loan amount you are eligible for!

Type in a few details in the Fincity Personal Loan Eligibility Calculator and find out now.

Aditya Birla Personal Loan Interest Rates

Aditya Birla Finance Limited Personal Loan interest rates range from 14% to 16.25%. The lender considers a number of factors before deciding the exact interest rate applicable to a borrower – some being their age, income, repayment history and credit score.

Note :The above rates are subject to change at the discretion of the banks or on the basis of RBI directives.

Aditya Birla Capital Personal Loan Processing Fees & Charges

Here’s a list of the processing and other fees charged by ABHFL when you apply for a Personal Loan.

Particulars Charges
Processing/Administrative Fees

Up to 2% of the loan amount

Cheque Return charges

Rs.500 + GST per instance

Default Penal charges

3% of pending amount per month

Charges for cancellation of Loan

4% of loan amount disbursed + applicable taxes

CIBIL report retrieval fees

Rs.100 + GST per instance

Charge for Exchanging PDCs / ECS

Rs.750 + GST per instance

Loan re-schedule charges

Rs.5000 + GST per instance

Stamp Duty

As per Actual if applicable 

Insurance Premium

As per Actual if applicable 

Pre-closure Quote

Rs.1000 + GST per instance

Any other charges

As per Actual if applicable 

Part Pre-Payment Charges

Charges: 

  1. Nil Charges – If Part prepayment is equal to 20% of total disbursed amount in a year 
  1. 3% + GST on Remaining Loan amount – If part payment is greater than 20% of total disbursed 

Conditions: 

  1. No pre – payment is allowed in first 6 months from the date of disbursement 
  1. Part Pre – Payment amount should be equal to OR greater than total of 3 EMIs. 
  1. In first year of loan tenure, part-prepayment is allowed only once. 
Foreclosure Charges

Charges: 

4% of the Principal outstanding amount + GST 

Condition: Foreclosure is allowed only after 12 months from the date of loan disbursal. 

Note :The above rates are subject to change at the discretion of the banks without prior notice.

Aditya Birla Capital Personal Loan EMI Calculation

Need a personal loan? Find out the EMI amount payable each month using the Fincity Personal Loan EMI calculator so you can plan your monthly expenses in advance. Enter loan-related details such as the loan amount, tenure and interest rate and find out in seconds.

Aditya Birla Personal Loan Documents Required

Here are the main documents individuals will need while applying for an Aditya Birla Finance Limited Personal Loan.

  • Duly filled out and signed application form for Aditya Birla Personal Loan with cross signed photographs. 
  • Last 3 months’ salary slips 
  • Latest Form 16 
  • Last 3 months’ bank account statement where salary is credited 
  • KYC documents which include proof of identity/ signature/ residence, such as Aadhaar Card, PAN Card, Driving License, Passport, etc.

Note : Required documents must be self-attested and may slightly differ.

Aditya Birla Personal Loan Scheme Benefits

Aditya Birla Capital offers a high loan quantum as personal loan - going up to Rs.50 lakhs. Another fact is that a borrower does not need any collateral to get an Aditya Birla personal loan. To help a customer meet their eligibility, the lender allows the addition of a co-applicant for a personal loan. The borrower can repay via EMIs, ECS (Electronic Clearing Service) or NACH (National Automated Clearing House). Once a customer completes 6 months of regular EMI payments, the foreclosure charge is zero.

It’s true – you can secure the best personal loan deals faster than ever and have them approved in just 10 minutes!

Connect with a Fincity financial expert at pl@fincity.com and have them help you lock your personal loan rate match from 1000+ loan products and 50+ lenders.