About Aditya Birla Capital Personal Loan

Founded in the year 2007, ABCL or Aditya Birla Capital Ltd is a Nonbanking Financial Company that serves as the holding company for all the financial services businesses done by the Aditya Birla Group. The company is a subsidiary of Grasim Industries and employs more than 12,000 people all over India.

Aditya Birla Capital personal loan is offered to salaried people having a good credit record and who are in need of immediate funds for things like medical emergencies, children’s education, employment, travelling, purchase of electronic/household goods or simply for debt consolidation. Below you can find more details on the Aditya Birla Capital personal loan eligibility criteria, features and pertinent charges.

Personal Loan Eligibility Criteria for Salaried / Self-Employed

Allahabad Bank lays out certain important criteria for all applicants of their personal loan product. For instance, the individual should have a certain minimum gross monthly salary and should be permanently employed with his/her organisation for the last 2 years. The concerned organisation must have a minimum of 20 eligible employees on its rolls (excluding State/Central government organisations). Following are the important eligibility criteria you must meet to avail Allahabad Bank personal loan.

18 – 65 years

Age (Min – Max)

4k – 65k

Minimum Income (Metro Cities)

4k – 65k

Minimum Income (Other Cities)

18 – 65 years

Age (Min – Max)

4k – 65k

Minimum Income (Metro Cities)

4k – 65k

Minimum Income (Other Cities)

4k – 65k

Minimum Income (Doctors/ Chartered Accountants)

4k – 65k

Minimum Income (Company Secretary / Architect)

4k – 65k

Minimum Income Self Employed (Businessman)

Aditya Birla Capital Personal Loan Features / Details

As per the terms of their personal loan the loan amount must not be utilised by more than 50% if it’s being used for meeting any religious, social, domestic and/or some exigency expenses. The base interest rate and the repayment schedule of the personal loan might change from time to time. Following are the exact loan features and details including the applicable interest rate, repayment tenure and repayment mode offered by this bank.

18.25%

Interest Rate (Min)

Upto XX Years.

Loan Tenure

25k – 50Lacs

Loan Amount (Min – Max)

Aditya Birla Capital Personal Loan Fees / Charges

As is the case with any loan product, there are certain fees and charges associated with Allahabad Bank personal loan too. Following are the details related to the processing fees, prepayment charges, late payment charges, bounced cheque charges, foreclosure charges, NOC charges, cheque swapping charges and other pertinent charges of this personal loan.

2.4% of Loan Amount.

Processing Fees

2.4% – 5.2% of amount prepaid.

Pre-payment Charges

Yes / No

Part Payment Facility

2000

Part Payment Processing Fees