Instant Personal Loan

Get quick funds with Aditya Birla Capital Instant Personal Loan. No need for collateral security, and the repayments are affordable with flexible tenure options.

Personalised solutions
Flexible repayment options
Collateral-free lending

Step 1

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Finish

1623

NATIONWIDE BRANCHES

₹5.11 Lakh Cr.

AGGREGATE ASSETS

2,00,000+

AGENTS/CHANNEL PARTNERS

₹1.57 Lakh Cr.

CONSOLIDATED LENDING BOOK

Reasons To Get a Instant Personal Loan from Aditya Birla Capital
from

Collateral-free

There is no need to pledge any asset to secure an urgent Personal Loan. The funds are sanctioned based on your eligibility parameters—that’s all!

Flexible Repayment Period

Choose a repayment tenure of up to 84 months to ensure affordable EMIs for easy repayments. This makes the urgent Personal Loan pocket-friendly.

Predictable EMIs

With a fixed interest rate, you can figure out your EMIs and plan your budget for hassle-free repayments

Quick Sanctions

Get the funds transferred to your account within 24 hours of applying for the loan.

Facility to add a co-applicant

Adding a co-applicant to the Instant Personal Loan can increase your eligibility. You can also get a higher loan amount to meet different needs.

Interest Rates Available for
Instant Personal Loans

Find out the interest payable on the urgent Personal Loan to plan your repayments effectively.

Loans up to 12 months

Loan Type	Interest
The Short Term Reference Rate (STRR)	19.45% p.a. w.e.f.from March 1, 2024

Loans more than 12 months

Loan Type	Interest
The Long Term Reference Rate (LTRR)	20.45% p.a. w.e.f. from March 1, 2024

Get A Instant Personal Loan In 5 Easy Steps

STEP

Check Eligibility

STEP

Fill the Application Form

STEP

Upload Required Documents

STEP

Loan Approval & Verification

STEP

Loan Disbursal

STEP

Loan Approval & Verification

STEP

Loan Disbursal

Who Can Apply For a Instant Personal Loan?

Find out if you are eligible to apply for an Instant Personal Loan

Salaried

Self-employed Professional

Self-employed Non - Professional

Eligibility Criteria for Instant Loans

Are you eligible for an urgent Personal Loan? Check whether you meet the criteria.

Documents Needed

The following documents are typically required to process an instant loan application:

Identity Proof Aadhaar Card, PAN Card, Passport, or Voter ID
Address Proof Utility bill, rental agreement, or Aadhaar Card
Income ProofLatest salary slip (for salaried) or bank statements & ITR (for self-employed)
Bank Account Details Cancelled cheque or bank statement for verification

Disclaimer - All loans will be at the sole discretion of ABFL.

Eligibility criteria

To qualify for an instant loan, applicants must meet the following criteria:

Minimum Age 21 years
Maximum Age 60 years
Employment TypeSalaried or self-employed with a stable income source
Minimum Monthly Income ₹15,000 (varies by lender)
Credit Score A minimum CIBIL score of 650 is preferred for higher chances of approval
Bank Account Must have an active salary or savings account for loan disbursal

* A higher age limit is applicable at the time of loan maturity.

Note - This is an indicative list that may change based on your actual loan application.

Fees and Charges for Instant Personal Loans

Charge Type	Amount
Cheque Return charges	₹500 + GST per instance
Default Penal charges	3% of the pending amount per month
Charges for cancellation of Loan	4% of loan amount disbursed + applicable taxes
CIBIL report retrieval fees	₹100 + GST per instance
Charge for Exchanging PDCs / ECS	₹750 + GST per instance
Loan reschedule charges	₹5000 + GST per instance
Stamp Duty	As per Actual if applicable
Insurance Premium	As per Actual, if applicable
Pre-closure Quote	₹1000 + GST per instance
Any other charges	As per Actual, if applicable
Part - Pre-Payment Charges	Charges: A) Nil Charges - If Part prepayment is equal to 20% of the total disbursed amount in a year B) 3% + GST on Remaining Loan amount - If part payment is greater than 20% of the total disbursed Conditions: A) No pre-payment is allowed in the first 6 months from the date of disbursement B) Part Pre-Payment amount should be equal to OR greater than a total of 3 EMIs. C) Part-prepayment is allowed only once in the first year of loan tenure.
Foreclosure Charges	4% of the Principal outstanding amount + GST Condition: Foreclosure is allowed only after 12 months from the date of loan disbursal.

Different financial needs, different loans,
one app - ABCD

For weddings, travel, vehicle purchases, or any other obligation, fulfil any need with personal finance solutions offered by the ABCD app.

Range of loan options for different needs
Range of loan options for different needs
Quick sanctions and disbursals

Download our mobile app now

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Disclaimer

Call 1800 270 7000 OR write to us at care.finance@adityabirlacapital.com.

For more details, to know your personal loan eligibility, access the product brochure or to set a meeting with our relationship manager.

The information presented on this page is intended solely for general informational purposes and does not constitute financial, investment, or professional advice. This content has not been authored by, nor does it represent an official communication from, Aditya Birla Capital Digital Limited. It is compiled from publicly available secondary sources, which may be subject to change without prior notice. Readers are strongly advised to conduct their own independent research and seek guidance from licensed financial advisors before making any investment decisions. All investments carry inherent risks, including the potential loss of principal. Past performance is not indicative of future results.

Customer Satisfaction Stories

Hear from our happy customers what they have to say about their experience with us.

Mr. Hiralkumar Ashokbhai Patel

Aditya Birla Finance Customer

Seamless onboarding experience and great support provided by the Relationship Manager during the documentation process.

Mr. B. Narsimulu

Aditya Birla Housing Finance Customer

Hyderabad, India

Mr. Pramod Kumar Saini

Aditya Birla Finance Customer

I appreciate the online documentation process which helped in ease of my loan process. I could get loan information through WhatsApp and other digital platforms.

Mr. Vikram Balu Gavali

Aditya Birla Housing Finance Customer

Belapur, India

FAQs on Instant Personal Loans

The things to look for when applying for an Instant Personal Loan are as follows -

• The loan amount that you need
• The repayment tenure over which you can comfortably pay off the loan
• The EMI which would be affordable
• The associated interest rates and charges

You can check your eligibility through the online eligibility calculator. The calculator helps you assess your eligibility for the loan and how much loan quantum you can get.

The disbursal of the Instant Personal Loan is quick and hassle-free. With Aditya Birla Capital, you can get the loan within a few hours of application.

The loan amount depends on your financial needs and eligibility. First, assess how much funds you need for your obligations. Then, check your savings and apply for a loan that fulfils the shortfall.

Also, use the eligibility calculator to determine the maximum loan amount you are eligible for.

Yes, you can get a top-up loan after you have availed of an Instant Personal Loan. The top-up loan is a supplemental source of funds on the existing loan and can help you fulfil additional financial needs.