Important Update
Fullerton India Credit Company Ltd. has officially rebranded as SMFG India Credit Co. Ltd.
All loan products, interest rates, and services continue under the new name. If you were searching for “Fullerton India Personal Loan,” you are in the right place — this page covers the same loan product, now offered under the SMFG India Credit brand.
Whether you need urgent funds for a medical emergency, wedding, home renovation, or travel, SMFG India Credit offers instant, collateral-free personal loans with competitive interest rates and fast disbursal.
As an authorised Direct Sales Associate (DSA), Bravima Solution Pvt Ltd helps you compare, apply, and get approved faster with minimal paperwork.
Fullerton India is Now SMFG India Credit — What Changed?
In early 2026, Fullerton India rebranded to SMFG India Credit after acquisition by Sumitomo Mitsui Financial Group (SMFG), one of Japan’s largest financial institutions.
What Has NOT Changed
- Same personal loan products
- Existing loans remain unaffected
- RBI registration continues
- DSA partnerships (including Bravima Solution) remain active
What HAS Changed
- Brand name updated
- Loan amount increased up to ₹30 lakh
- Tenure extended up to 84 months (for select profiles)
- Interest rates start from 13.00% p.a.
Key Features of SMFG India Credit Personal Loan
| Feature | Details |
| Loan Amount | ₹50,000 to ₹30 lakh |
| Interest Rate | Starting from 13.00% p.a. |
| Loan Tenure | 12–60 months (up to 84 months for select profiles) |
| Processing Time | Same day (pre-approved) / 24–72 hours |
| Collateral | Not required (100% unsecured) |
| Processing Fee | Up to 2% + GST |
Foreclosure Charges
| Duration | Charges |
| Month 1–17 | 7% |
| Month 18–23 | 5% |
| Month 24–35 | 3% |
| After 36 months | NIL |
⚠️ Note: Part-payment is not allowed.
Apply for Personal Loans online with minimal documentation
Why Choose SMFG India Credit Personal Loan?
- RBI-registered trusted NBFC
- Backed by global financial group (SMFG)
- No collateral required
- 100% digital application process
- Fast disbursal (within 24–72 hours)
- Suitable for salaried & self-employed individuals
- Flexible usage (medical, travel, wedding, etc.)
Eligibility Criteria
For Salaried Individuals
- Age: 21–60 years
- Monthly Income: ₹20,000 – ₹25,000+
- Work Experience: 1 year (6 months in current job)
- CIBIL Score: 700+ (750+ preferred)
For Self-Employed Individuals
- Age: 25–65 years
- Business vintage: Minimum 3 years
- Income as per ITR
- CIBIL Score: 700+
Documents Required
Common Documents
- PAN Card
- Aadhaar / Passport / Voter ID
- Address Proof
- Passport-size photo
Salaried Applicants
- Last 3 salary slips
- 6 months bank statement
- Form 16 / ITR
Self-Employed Applicants
- Last 2 years ITR
- 12 months bank statement
- Business proof (GST / Shop Act)
- Balance sheet & P&L
Need Funds Fast? Get a Personal Loan Now!
| Bank / NBFC ↕ | Type ↕ | Interest Rate (% p.a.) ↕ | Processing Fee ↕ | Rate Level ↕ | Apply |
|---|
EMI Illustration (Indicative)
Loan Amount: ₹5,00,000 @ 13%
| Tenure | EMI | Total Interest | Total Payable |
| 12 months | ₹44,611 | ₹35,332 | ₹5,35,332 |
| 24 months | ₹23,746 | ₹69,904 | ₹5,69,904 |
| 36 months | ₹16,856 | ₹1,06,816 | ₹6,06,816 |
| 60 months | ₹11,377 | ₹1,82,620 | ₹6,82,620 |
Tips to Get the Best Loan Offer
- Maintain CIBIL score above 750
- Keep FOIR below 50%
- Choose shorter tenure
- Clear small existing debts
- Avoid multiple loan applications
- Apply via Bravima Solution for better approval chances
Common Mistakes to Avoid
- Applying without checking CIBIL score
- Over-borrowing
- Ignoring foreclosure charges
- Not calculating total loan cost
- Applying to multiple lenders simultaneously
Best Use Cases
- Medical emergencies
- Wedding expenses
- Home renovation
- Debt consolidation
- Education fees
- Travel planning
How to Apply via Bravima Solution
- Fill out the online application form
- Get instant eligibility check
- Submit required documents
- Application sent to lender
- Approval within 24–72 hours
- Funds credited directly to your account
— No hidden charges
— No upfront fees
Quick & Easy Personal Loans
Why Apply via Bravima Solution?
- Pre-screening reduces rejection chances
- Access to 15+ lenders
- Faster approval through DSA network
- Personalized rate negotiation
- End-to-end support
Customer Reviews
Sneha T., Delhi
₹3,00,000 loan disbursed in 48 hours for medical emergency
Rajesh K., Aligarh
Approved at 14.5% despite 720 CIBIL after bank rejection
FAQs
Q1. Is Fullerton India Personal Loan still available?
Yes, it is now offered as SMFG India Credit Personal Loan.
Q2. What is the interest rate?
Starting from 13.00% p.a.
Q3. How fast is disbursal?
Same-day (pre-approved) or 24–72 hours.
Q4. Can self-employed apply?
Yes, with 3+ years business and valid ITR.
Q5. Are there foreclosure charges?
Yes, based on tenure (7% to 0%).
Q6. Does Bravima charge fees?
No, we earn commission from lenders only.
Tips to Save Money on Fullerton Personal Loans
- Improve Your Credit Score – Apply with a CIBIL score of 750+ for lower interest rates.
- Negotiate Processing Fees – Some charges can be reduced if you have a strong credit profile.
- Choose Shorter Tenures – Shorter EMIs save on total interest outgo.
- Avoid Late Payments – Timely EMI payments help you maintain a good credit score.
- Compare with Other NBFCs – Use Bravima Solution’s assistance to find the most affordable deal.
Need Funds Fast? Get a Personal Loan Now!
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Disclaimer
Bravima Solution Pvt Ltd is a registered Direct Sales Associate (DSA) and does not provide loans directly. All loans are sanctioned and disbursed by the respective lender (SMFG India Credit or others).
Interest rates, fees, and terms are subject to change. Always review your sanction letter carefully before signing.
I required personal loan
Dear Mr. Ashok,
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