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Personal Loan Eligibility Criteria

Check your Aditya Birla Capital Personal Loan eligibility and get a collateral-free financial solution with affordable repayment options.

Attractive interest rates
Easy & flexible repayment options
Easy application process with quick sanctions

Step 1

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Finish

165+

YEARS OF EXCELLENCE

3.8+ Cr.

ACTIVE CUSTOMER BASE

1300+

BRANCHES ACROSS INDIA

₹3.9 Lakh Cr.

AUM AS OF JUNE, 2023

Eligibility Criteria for Personal Loans

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

Documents Needed

Proof of identity and address Passport / Aadhaar Card/ Voter's ID / Driving License/ Job Card issued by NREGA / Registration certificate / PAN card (PAN Card only as identity proof)
Proof of incomeSalary slip for the last 3 months showing all deductions and Form 16
Bank statement where income is credited Last 6 months
Proof of other income Last 3 months' salary slips or Salary certificate. Last 6 months' bank statement where salary is credited directly. Latest Form 16

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

Eligibility criteria

Nationality

Minimum age

Maximum age

Credit Score

Employment

Indian citizen

21 years

60 years*

750+

Salaried

* 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.

Tips to Improve Personal Loan Eligibility

Improve your eligibility criteria to get easy sanctions and a higher loan amount. Check out some tips on how -

Good and steady income

Have a stable and steady source of income to qualify for a higher loan amount. Moreover, if your income is high, you can get easy sanctions.

Add a co-applicant

Adding a co-applicant to the Personal Loan increases your eligibility. The eligibility qualifications of the co-applicant are added to yours, which boosts the overall loan eligibility.

Limited credit

If you have existing loans and credit card dues, ensure that the aggregate outstanding debt is low to qualify for a higher loan amount.

Credit score

A high credit score also boosts your eligibility and can even give you lower Personal Loan interest rates.

BALANCE TRANSFER LOAN

Transfer your existing loan to us for lower interest rates

Reduced Interest Rates.
Lower Monthly Payments.

Get a Call Back Know More

TOP UP LOAN

Secure additional funds at exceptional interest rates

Easy application process
Borrow up to 80% of property value

Get A Call Back Know More

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

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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 Personal Loan Eligibility

Aditya Birla Capital does not specify the minimum income required for a Personal Loan. You should have a steady source of income from business or employment to qualify for the loan.

You can use the loan eligibility calculator and check your eligibility online within minutes. Enter the required information in the calculator and determine the maximum loan amount you can get.

Your credit history is an important eligibility criterion for the Personal Loan. It determines your credit score. The neater your credit history, the higher would be your credit score and the easier it would be for you to get the loan sanctioned.

Personal Loans are unsecured loans wherein no collateral is required.

Retirees aged 61 years and above cannot apply for a Personal Loan.