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Instant Personal LoanGet quick funds with Aditya Birla Capital Instant Personal Loan
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Personal Loan EligibilityCheck your Aditya Birla Capital Personal Loan eligibility
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CALCULATE NOWLoan Against SharesLeverage your investments with Loan Against Shares, while retaining ownership of your assets
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Start trading in equities and other securities. Grow your wealth with our Demat account.
Attractive returns
Term InsuranceBring security and peace to life’s unpredictability
Retirement PlansGet a guaranteed regular pension plus lump sum on plan maturity
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Aditya Birla Capital LimitedAditya Birla Capital Limited (“ABCL”) is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. ABCL and its subsidiaries/JVs provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 66,000 employees, the businesses of ABCL have a nationwide reach with over 1,742 branches and more than 200,000 agents/channel partners along with several bank partners.
Nationwide Branches
1,742
No. of Employees
66,000
Agents/Channel Partners
2,00,000+
Aggregate Assets
INR 6 Lakh Cr
Consolidated Lending Book
INR 1.90 Lakh CrCorporate Governance Policies
- Policy for appointment of Statutory Auditors
- ABCL NRC Policy
- Corporate Social Responsibility
- Fair Practices Code
- Internal Guidelines on Corporate Governance
- Familiarization Programme for Independent Directors
- Disclaimers
- Ombudsman
- Privacy Policy
- Trademark Policy
- Vigil Mechanism / Whistle Blower Policy
- Regulatory Disclosure
Financial and Debt-Related Policies
Business and Partnership Policies
- Outsourcing FAQ’s
- Press Releases
- Our Digital Lending Platform Partners
- ABCL List of active CLA Partners
- Our Digital Referral Partners
- ABCL Collection and Recovery Agency List
- ABCL Terminated Collection and Recovery Agency List
- Importance of Following Repayment Schedule
- Scheme of Amalgamation
- SEBI Disclosures
- Interest Rates & Service Charges
- Discontinued Service provider list
- Terms & Conditions
- Fraud Awareness
- Archival Policy
Life Insurance
Health Insurance
Mutual Fund
Home Finance
Personal Finance
Stocks & Securities
Credit TrackCheck your credit score and get tips on how to improve it
Health TrackHealthy living made easy with ABCD’s Digital Health Evaluation
Portfolio TrackBring your assets and liabilities under one platform
Spend TrackManage your money effectively with Spend Track.
Vehicle TrackCheck Vehicle & Car Insurance Status/Validity Online
Digital WillA digital will is a legally valid document created through a secure online platform
Read about MoneyMoney management made easy
Read about TaxUnderstanding direct and indirect taxes
Read about Retirement PlanKnow how to plan retirement well
Read about InsuranceInsurance and it's aspects for laymen
Read about InvestingInvestments and their jargon - simplified
Read about Loans and FinancingKnow all about loans and their management
Personal Loan EMI CalculatorEstimate your monthly loan repayments with Personal Loan EMI Calculator
Home Loan Eligibility CalculatorCalculate the expected EMI of your loan for easier repayments
BMI CalculatorIt measure your leanness or obesity basis your height and the weight.
Income Tax CalculatorCalculate the tax payable by you based on your income
SIP CalculatorEstimate the returns you can earn with your SIP investments
SWP CalculatorCalculate the Life Insurance cover you need to secure your family’s future
Experience ConseQuest- A game where your decisions drive your future.
Wisdom in Choices
Personal Loan of ₹1 Lakh
- Attractive interest rates
- Easy & flexible repayment options
- Easy application process with quick sanctions
Interest Rates Available for
Personal Loans of ₹1 Lakh
Find out the interest payable on the Personal Loan of ₹1 Lakh 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 Personal Loan of ₹1 Lakh In 5 Easy Steps
Eligibility Criteria for Personal Loans of ₹2 Lakh
Documents Required for Personal Loans of ₹1 Lakh
- Proof of Identity and Address : Aadhaar Card, PAN Card (as ID proof), Passport, Voter ID, Driving Licence.
- Proof of Income : Salary slip for the last 3 months, Form 16.
- Bank Statements : Last 6 months where salary/income is credited.
Eligibility Criteria for Personal Loans of ₹1 Lakh
- Nationality : Person has to be an Indian citizen.
- Minimum Age : The individual needs to be 21 years of age.
- Credit Score : The credit score has to be above 750
- Employment : Salaried, Self-employed professional, or Self-employed non-professional.
Revision of Reference Rates for determining Interest Rates on loans given
ABCL has increased its Long-Term Reference Rate (LTRR) by 20 bps to 20.45% p.a. with effect from March 1, 2024. The interest rate on the floating rate loans of tenor greater than 12 months that are linked to the LTRR will be revised upwards by 20 bps. The spread / margin on the said loans will remain unchanged.
ABCL has increased its Short-Term Reference Rate (STRR) by 20 bps to 19.45% p.a. with effect from March 1, 2024. The interest rate on the floating rate loans of tenor up to 12 months that are linked to the STRR will be revised upwards by 20 bps. The spread / margin on the said loans will remain unchanged.
Fees and Charges for Personal Loans of ₹1 Lakh
| 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. |
ABC Of Calculators
EMICalculator
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EligibilityCalculator
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PMAYCalculator
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New Eligible Loan Amount
₹ 0Total Interest
₹ 0Total Payable Amout
₹ 0Monthly SIP Amount
₹ 0Top Up Amount Eligible
₹ 0Different 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.
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Range of loan options for different needs -
Range of loan options for different needs
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Quick sanctions and disbursals
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Scan the QR code to download our Mobile App
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.
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.
Aditya Birla Housing Finance Customer
Belapur, India
FAQs on Personal Loans of ₹1 Lakh
You can apply for a Personal Loan of ₹1 Lakh in two ways. They are as follows -
• Online - Apply online through the website or mobile application of Aditya Birla Capital
• Offline - Visit the nearest branch and apply offline
Yes, you can prepay the ₹1 Lakh Personal Loan after the first 6 months of getting the loan.
A prepayment charge of 3% + GST will apply if you prepay more than 20% of the disbursed amount. However, no prepayment charges will apply if you prepay less than 20% of the disbursed loan amount.
The EMI will also depend on the interest rate. You can use the online EMI calculator to find the EMI of a ₹1 Lakh Personal Loan with a repayment tenure of 2 years.
Yes, Personal Loans offered by Aditya Birla Capital have flexible repayment tenures of up to 84 months.
Once the loan is approved, the funds are transferred to your bank account directly.
The EMIs for the loan will be deducted from your account from the date the loan repayment starts and every month after that.
You can call Aditya Birla Capital’s toll-free number 1800 270 7000 for enquiries. You can also leave your queries on the company’s website or mobile application.
You can find the reason for rejection. If the application was rejected because you did not fulfil the eligibility criteria, you can improve your eligibility and apply again. On the other hand, if the loan was rejected because of a lack of documents, submit the required documents and get the loan sanctioned.
Yes, you can transfer your existing ₹1 Lakh Personal Loan to Aditya Birla Capital and enjoy competitive interest rates and a flexible repayment tenure.
Some of the advantages of a ₹1 Lakh Personal Loan are as follows -
• The loan is multipurpose and can be used for any financial need
• The funds are sanctioned at the earliest
• The repayment tenure is flexible
• The loan is affordable
• No collateral is required for loan sanctions
You cannot get a Personal Loan of ₹1 Lakh without the specified documents. The loan is sanctioned based on these documents.
Aditya Birla Capital quickly processes the ₹1 Lakh Personal Loan and sanctions the funds within hours.
The maximum repayment period for a ₹1 Lakh Personal Loan is 84 months.