SMFG India Credit (Formerly Fullerton India)
SMFG India Credit (formerly Fullerton India Credit Company Limited) is a leading Non-Banking Financial Company (NBFC) and a part of Sumitomo Mitsui Financial Group (SMFG), Japan. The company offers a wide range of lending solutions, including Personal Loans, Business Loans, Loan Against Property, Two-Wheeler Loans, Commercial Vehicle Loans, and Rural Finance. It is known for its quick loan approvals, digital application process, and customer-centric financial services.
Contact With BorrowRight
SMFG India Credit Loan Interest Rates
| Loan Type | Interest Rate (p.a.) | Processing Fee | Loan Amount | Repayment Tenure |
|---|---|---|---|---|
| Personal Loan | Starting from 13% | Up to 3.75% + GST | Up to ₹30 Lakhs | Up to 60 Months |
| Business Loan | Profile-based | As per company policy | Based on eligibility | Up to 60 Months |
| Loan Against Property | Starting from 9.50% (profile-based) | As per company policy | Based on property value | Up to 15 Years |
| Commercial Vehicle Loan | Profile-based | As per company policy | Based on vehicle value | Flexible |
EMI Calculator – Calculate Your Monthly Loan EMI Instantly
Use the BorrowRight EMI Calculator to estimate your monthly EMI, total interest payable, and total repayment amount for Home Loans, Personal Loans, Car Loans, Business Loans, and Loan Against Property. Adjust the loan amount, interest rate, and tenure to find the repayment plan that fits your budget.
This layout is user-friendly, improves engagement, and can encourage more visitors to submit loan inquiries.
Eligibility Criteria
Salaried Applicants
- Age: 21–65 years
- Stable monthly income
- Good credit score (preferably 750+)
- Minimum employment as per company policy
Self-Employed Applicants
- Age: 21–65 years
- Stable business income
- Business continuity as per company policy
- Good repayment history
Documents Required
Identity Proof
- Aadhaar Card
- PAN Card
- Passport
- Driving Licence
Address Proof
- Aadhaar Card
- Passport
- Utility Bill
Income Proof
For Salaried
- Last 3 Salary Slips
- Bank Statements (3–6 months)
- PAN Card
For Self-Employed
- Income Tax Returns (ITR)
- GST Registration (if applicable)
- Business Proof
- Bank Statements
Loan Charges
| Charge | Details |
|---|---|
| Processing Fee | Up to 3.75% of the loan amount + GST. |
| Documentation Charges | Applicable for selected loan products. |
| Late Payment Charges | 2% per month (24% p.a.) on overdue amounts. |
| Foreclosure/Prepayment Charges | 0%–7% of the outstanding principal, depending on the number of EMIs paid and loan terms. |
| EMI Bounce Charges | ₹500 per bounced Cheque/ECS/NACH transaction. |
| Loan Cancellation Charges | ₹1,000 + GST (if cancelled before the first EMI). |
| GST & Government Taxes | Applicable on processing fees and other service charges. |
Key Features
- Digital loan application
- Quick approval and disbursal
- Flexible EMI repayment
- Online EMI calculator
- Transparent pricing
- Secure customer portal
Why Choose SMFG India Credit?
- ✔ Trusted global financial group (SMFG)
- ✔ Quick online loan approval
- ✔ Minimal documentation
- ✔ Paperless loan application
- ✔ Flexible EMI repayment options
- ✔ Competitive interest rates
- ✔ Fast loan disbursal
- ✔ Transparent loan process
- ✔ Dedicated customer support
Why Choose BorrowRight?
At BorrowRight, we make finding the right loan simple, transparent, and hassle-free. Instead of approaching multiple banks individually, you can compare loan options from leading lenders and choose the one that best fits your financial needs. Our experienced loan advisors guide you throughout the process, ensuring a smooth and stress-free borrowing experience.
Our Key Advantages
Multiple Bank & NBFC Partners – Compare loan offers from leading banks and financial institutions in one place.
Expert Loan Advisors – Receive personalized guidance to choose the most suitable loan.
Competitive Interest Rates – Access attractive interest rates based on your eligibility.
Fast Loan Processing – Quick application review and faster approvals.
100% Transparent Process – No hidden charges and clear communication at every step.
Minimal Documentation – Simple paperwork to make the application process easier.
Personalized Loan Solutions – Recommendations based on your income, credit profile, and financial goals.
End-to-End Support – Assistance from application submission to loan disbursal.
Secure & Confidential – Your personal and financial information is handled with strict confidentiality.
Free Loan Consultation – Speak with our experts before making a borrowing decision.