Introducing the all-new Aditya Birla Finance (ABFL) Mobile App! Its a game-changing application that transforms your interactions with your loan account. With its advanced features and user-friendly interface, it puts loan management at your fingertips & empowers you to take control of your loan accounts like never before.
Features available on the ABFL Mobile App:
- Loan Account Details
- Statement of Account
- Sanction Letter
- Welcome Letter
- Repayment Schedule
- Interest Certificate
- No Objection/ No Due Certificate
- Payment History
- …and more.
You can also apply for the Aditya Birla Finance co-branded Credit Cards.
Using this App, you can also apply for a Personal Loan, Business Loan, Small Ticket Unsecured Loan, Professional Loan, Mortgage Loan and more.
Highlights of Personal Loan:
· Loan Amount: Rs. 1 Lac to Rs. 50 Lac
· Repayment Tenure: 12 months to 84 months
· Rate of Interest: 10.99% to 30% per annum
· Processing Fees: upto 4.72% including tax on the loan amount
· Other charges: Rs. 100 to Rs. 1000
· Flexible repayment option
· No collateral required
· Simple documentation
· Flexiloan Facility
Let’s say, for ₹1,00,000/- borrowed at an interest rate of 15% p.a. for 12 months (interest rate on reducing balance method) and processing fee of 2%.
The total amount to be paid is Rs. 2000 as processing fees and Rs. 100 as other charges will be paid time of disbursement. Interest to be paid in 12 months will be Rs. 8310.
*Interest rate, processing fees and other charges may vary as per various product constraints.
Highlights of a Business Loan
· Finance Amount: ₹10 Lakh to ₹100 Lakh - Repayment Tenure: 12 to 48/ 60 months (depending on the profile) - Rate of Interest: Ranges between 15% to 22%
-Processing Fees: up-to 2.75% of disbursed amount excluding of Taxes.
· No security or collateral required
· Turnaround time of 3 days
· Flexible tenure from 12 months to 48/60 months
· Fixed rate of interest, interest rates remain unchanged throughout the tenure of the loan
· Repayment channels: ECS/NACH
· No security or collateral required
· Flexiloan facility
Please note there are other charges involved eg: credit fee, stamp duty etc. Also ROI is based on customer profile and location.
Small Ticket Unsecured Loan (STUL)
Highlights of a STUL
· Finance Amount: ₹1 Lakh to ₹15 Lakh
· Repayment Tenure: 12 to 60 months
· Rate of Interest: 17% to 28%
· Processing Fees: up-to 2.75% of disbursed amount excluding of Taxes
· No security or collateral required
· Flexible tenure from 12 months to 48/60 months
· Fixed rate of interest, interest rates remain unchanged throughout the tenure of the loan
· Repayment by NACH
Note:
- Additionally, Insurance charges, stamp duty charges (vary from state to state) to be borne by customer or deducted from disbursement.
- Interest rate varies from customer to customer and is based on loan amount/product type/facility type/customer profile
Professional Loan
Benefits of Professional Loan
· Quick and hassle-free approval
· Competitive interest rates: 14% to 18%
· Flexible repayment options
· Minimal documentation
Eligibility of Professional Loan
· Individual - Self-Employed Professionals like Chartered Accountant (CA), Company Secretaries (CS), Architects, Doctors (BDS/MBBS/MD only).
· Partnerships
· Sole proprietorships
· CIBIL >=700
· Age: Min Age: SEP 27 Years | Max Age at the time of maturity of Loan: SEP 70 Years
· Either Business or Residence Premise should be owned by applicant
· Rented Residence: Minimum 1 year at Existing Location
Rented Office: Minimum 2 years at Existing location
Toll free (Within India): 1800 270 7000 Email: [email protected]
For more information, please visit finance.adityabirlacapital.com
Terms and conditions apply. Credit at sole discretion of Aditya Birla Finance Limited and subject to credit appraisal, eligibility check, rates etc. ABFL may use the services of their authorized agencies in servicing the requirements.