FAQs

We always strive to offer you a hassle-free experience. To help you control your loan account, we are introducing a unique and completely secure service platform called ABCL Connect. You can access your loan account by using your login credentials click here.

Features of ABCL Connect are:

• View your loan account whenever, wherever
• View and save your amortisation schedule for any future reference
• Make an online request for disbursement
• Change your ECS mandate
• Ask for a top-up loan
• Apply for a new loan

ABCL offers:

• Customised solutions; hassle-free financing
• Complete transparency in charges and processes
• Quick approvals and minimum processing and disbursement time
• Easy online application process and instant eligibility
• Doorstep services with simplified documentation through service RM’s
• Choose between simple EMIs or structured repayments
• Attractive balance transfer option available to transfer your existing loan to us without any hassles

With Aditya Birla Capital Limited, getting a personal loan is a seamless process. All you have to do is fill in the online application form, provide basic documentation, and get loan disbursement in no time after you meet the eligibility criteria.

You can use the loan amount for any purpose, such as medical emergencies, purchase of household or electronic goods, children’s education, wedding expenses, home improvement, or travelling.

A CIBIL score of 700 or higher is considered ideal for personal loan approval.

Aditya Birla Capital Limited (ABCL) offers personal loans of up to Rs. 50 lakhs, but the highest loan amount that you can get will depend on your individual circumstances, including your income, debt-to-income ratio, credit score, and employment status.

No, you don't need to provide security or collateral while applying for a personal loan. These loans are unsecured, meaning they rely on your creditworthiness rather than collateral. Loan approval from financial institutions depends on factors like credit history, income, and debt-to-income ratio, rather than assets.

Additional read: Step-by step guide for Applying Personal Loan Online

Personal loan interest rate is influenced by various factors. Your CIBIL score, which reflects your creditworthiness, plays a significant role. A higher score can lead to lower interest rates. Repayment history, indicating your reliability in clearing past debts, also impacts rates. Additionally, the principal amount and loan tenure affect the interest rate, with larger loans or longer terms often attracting higher interest rates.

The processing time for a personal loan at Aditya Birla Capital Limited is swift. Once you meet the eligibility criteria, the loan is disbursed promptly, ensuring a quick and efficient process.

The interest rate for a personal loan from Aditya Birla Capital Limited starts from 10.99% . This rate may vary based on individual credit profiles and other eligibility factors.

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Yes, you can foreclose your personal loan. This option allows you to pay off the entire remaining balance before the end of the loan term, potentially saving on future interest payments. However, it's important to check for any foreclosure charges or terms specific to your loan agreement.

To apply for a personal loan at Aditya Birla Capital Limited, you have several convenient options:

• Online: You can easily apply for an instant personal loan by visiting the official website.

• Phone: Contact the toll-free number 1800 270 7000 for assistance.

• Email: Send your inquiries or application to care.finance@adityabirlacapital.com.

The eligibility criteria for a personal loan include:

• Age: Usually between 21 and 60 years.

• Employment: Steady income, often with a minimum salary requirement, from either salaried or self-employed individuals.

• Credit Score: A good credit score (often above 700 ) indicating creditworthiness.

• Financial History: Stable and reliable financial history, including repayment track record.

• Nationality: Resident of the country where the loan is sought.

• Documentation: Valid identification, income proof, and other relevant documents.