Benefits:

Get instant personal loan of up to 2.5 lakh

Interest rate starting from 11.5% p.a.

No Document required

Flexible tenure of up to 36 months

Facility of transferring existing loan & credit card balance is available

Whom to sell?

  1. Available for salaried employees only
  2. Customer's salary should be credited in their bank account or by cheque.
  3. Age: above 21 years
  4. Net Monthly Income: 25,000 above
  5. Minimum work experience: 12 months
  6. The Aadhaar and PAN of the customers should be linked
  7. Customers having official email ID where domain check can be done and they must be deducting EPF and their record is appearing in the EPFO.
  8. Customer should apply from their mobile device. Multiple applications from same device will be rejected.

How it works

  1. Watch all the training videos and share the product link with your customer.
  2. Customer will be redirected to the SMFG India Credit website.
  3. Select job type: salaried or self employed.
  4. Enter and verify mobile number, PAN, Current pincode using OTP.
  5. Enter basic details - name, personal email ID, date of birth, type of organization, net monthly income, work experience and other details.
  6. Eligible credit limit will be displayed on the screen, with loan amount, tenure and EMIS.
  7. Enter the Employment Details: - Employer Name, Official Email ID (domain should be same as the company's name), Office Address.
  8. Income verification form EPFO
  9. Desired loan amount will be shown on the screen with EMI, tenure and rate of interest.

 

  1. Wait for the verification of the details.
  2. After successful loan application, upload the required documents to complete the process.
  3. Documents Required:

(a) Photo

(b) ID Proof

(c) Current Residence Address Proof

(d) Office Address Proof

(e) Income Proof

(f) Reference

  1. Customer needs to be in the Current Address

Location city for Geo-tagging

Terms & Conditions

Payout T&C

- 0.75% of Loan amount on successful loan disbursal

- 1.25% of loan amount on first EMI payment by customer on time

  1. Documents Required:

(a) Photo

(b) ID Proof

(c) Current Residence Address Proof

(d) Office Address Proof

(e) Income Proof

(f) Reference

  1. For Loan Balance Transfer cases, the latest 6 month EMI payment proof and repayment schedules are required. There should be no bounces in the last 6 months.