Personal Finance

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Personal Loan

Apply for Personal Loan with Lowest Interest Rates & EMIs

  • Maximum personal loan up to 50 Lakhs
  • Lower Interest rates
  • Flexible loan tenure up to 7 years

Apply for Personal Loan Online Instantly

Apply for a personal loan online today from Aditya Birla financial limited to open up your path to financial freedom.

Personal Loan is your go-to solution for all financial requirements like weddings, vacations, home renovations, or unexpected emergencies like medical procedures. Keep all your financial worries away with an easy and instant Personal Loan from Aditya Birla financial limited.

We, at Aditya Birla Financial Limited ensure quick and easy access to funds through seamless loan application process with easy EMI options and low interest rates.

Why wait?

Apply for personal loan online Now!

Why you should take a Personal Loan from ABFL ?

Aditya Birla Finance provides instant personal loans for salaried people with a good credit score. You can use this personal loan to fund various financial requirements such as medical emergencies, buying household items, child's education expenses, wedding expenses, home renovation, or travel. It's a quick solution for all your personal financial needs. The personal loan is available to all salaried individuals aged 23 to 60, with a fixed interest rate. It's a simple way to get funds for your immediate requirements without any need for collateral. Aditya Birla Finance is here to help you with your financial goals!

Benefits of ABFL Personal Loan

  • Flexible repayment options.
  • Flexible tenure options up to 7 years.
  • Maximum loan amount of Rs 50 lakh.
  • Repayment options: ECS/NACH.
  • No security or collateral required to avail of the loan.
  • Applicant can club income of co-applicant to enhance eligibility.
  • Interest rates remain unchanged throughout the loan tenure.

Step-by-step guide to apply for a Personal Loan

  • Click on the Apply Now button on our page from your mobile Phones.
  • Provide your 10-digit mobile number that is linked to your Aadhaar account.
  • Register with the OTP received on your mobile.
  • Fill in the application form.
  • Click the proceed button and enter your loan amount.
  • Choose between different types of personal loans.
  • Select the repayment tenure and click on proceed.
  • Complete your KYC and submit the application.

Documents Required for Personal Loan

Your loan application form must be accompanied by:

  • Last three months'salary slips from the date of application.
  • Last three months bank statement.
  • KYC documents as requested.

Do you have questions ?

Call 1800 270 7000 OR write to us at

For more details, to know your personal loan eligibility, access the product brochure or to set a meeting with our relationship manager.

Revision of Reference Rates for determining Interest Rates on loans given

ABFL 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.

ABFL 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. ​​​​​​​​​​

Personal Loan FAQ's

A personal loan is an unsecured loan that does not need a security, or a collateral is provided with minimal documentation. You can avail a personal loan to borrow money from a lender when you need urgent financial support.

With Aditya Birla Finance 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.

Applicants for Personal Loans must generally be salaried individuals who can verify their personal and professional details. Including, but not limited to:

  • KYC Documents (proof of the applicant's age, nationality, etc.)
  • Last three months' salary slips from the date of application
  • Last three months bank statement
  • A duly filled loan application form

A CIBIL score of 720 or higher is considered ideal for personal loan approval.

Aditya Birla Finance Limited (ABFL) 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.

You can apply for our personal loans through diverse options:

  • Download the personal loan application form from our website
  • Submit the duly filled form to your nearest branch
  • Pay personal loan processing fee
  • Get personal loan approval

Personal loan can be used for various purposes:

  • Personal Loan for Wedding
  • Personal Loan for Travel
  • Personal Loan for Medical Emergencies
  • Personal loan for Debt Consolidation
  • Personal loan for Higher Education
  • Personal loan for Renovating Home

7 years is the maximum tenure for repayment of personal loan.

ABFL personal loan application procedure is simple. Given below is a guide to personal loan application process:

  • Step 1: Personal Loan Application
  • Step 2: Submit Necessary Documentation
  • Step 3: Verification Process
  • Step 4: Credit Score Verification
  • Step 5: Address Verification
  • Step 6: Payment of Processing Fees
  • Step 7: The ABFL will offer the Personal Loan Amount, Interest rate and Tenure.

There is no minimum salary required to get a personal loan.

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 Finance 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 Finance Limited ranges between 10% and 16%. This rate may vary based on individual credit profiles and other eligibility factors.

Read more about- Interest Rate on a Personal Loan in India

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 Finance 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

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 750) 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.
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