Aditya Birla Capital – Finance 2.0

The Aditya Birla Capital – Finance Mobile App presents a significant advancement in loan account management. This application offers a user-friendly interface equipped with essential features that provide users with comprehensive control over their financial activities related to loans.

The app encompasses various functionalities, including:

• Access to Loan Account Details
• Statement of Account
• Sanction Letter
• Welcome Letter
• Repayment Schedule
• Interest Certificate
• No Objection/No Due Certificate
• Payment History
• And more.

Furthermore, users can conveniently apply for co-branded Credit Cards and several types of loans including Personal, Business, Small Ticket Unsecured, Professional, and Mortgage Loans.

Highlights of the Personal Loan include:

• Loan Amount: ₹1 Lakh to ₹50 Lakh
• Repayment Tenure: 12 to 84 months
• Rate of Interest: 10.99% to 30% per annum
• Processing Fees: Up to 4.72% (including tax) on the loan amount
• Other Charges: ₹100 to ₹1000
• No collateral required with simple documentation

The total repayment for a loan of ₹1,00,000 borrowed at an interest rate of 15% per annum for 12 months would result in processing fees amounting to ₹2000 and additional charges of ₹100 at the time of disbursement. The interest payable over 12 months would be ₹8310. It is important to note that interest rates and fees may vary based on specific product constraints.

Highlights of the Business Loan include:

• Finance Amount: ₹10 Lakh to ₹100 Lakh
• Repayment Tenure: 12 to 60 months (based on applicant profile)
• Rate of Interest: Between 15% to 22%
• Processing Fees: Up to 2.75% of the disbursed amount excluding taxes
• No security or collateral needed with a quick turnaround time of 3 days

Please be advised that additional charges such as credit fees and stamp duty may apply, with interest rates determined by customer profile and location.

Small Ticket Unsecured Loan (STUL) highlights are as follows:

• Finance Amount: ₹1 Lakh to ₹15 Lakh
• Repayment Tenure: 12 to 60 months
• Rate of Interest: 17% to 28%
• No collateral required, with processing fees up to 2.75% of the disbursed amount excluding taxes

Benefits of the Professional Loan include:

• Quick approval process with minimal documentation required
• Competitive interest rates ranging from 14% to 18%
• Flexible repayment options available

The eligibility criteria for a Professional Loan generally includes self-employed professionals such as Chartered Accountants, Architects, and Medical Practitioners among others, along with criteria related to credit score and property ownership.

For more inquiries, customers can reach out at the toll-free number: 1800 270 7000 or via email at [email protected]. Additional information is available at finance.adityabirlacapital.com.

Terms and conditions apply; credit is granted at the sole discretion of Aditya Birla Capital – Finance Limited and is subject to credit assessment and eligibility verification.