Aditya Birla Capital’s Long-Term Personal Loan is a flexible financing solution designed for individuals seeking substantial funds with extended repayment periods ranging from 3 to 7 years. This unsecured loan serves various big-ticket needs, including debt consolidation, funding a wedding, or covering medical expenses, without requiring any collateral. By spreading the debt over a longer duration, borrowers benefit from structured, lower monthly installments, which significantly reduce immediate financial strain. With a seamless 100% digital application process and minimal documentation, it ensures quick access to funds without disrupting your long-term cash flow.
Aditya Birla Long-Term Personal Loan Overview
The Aditya Birla Long-Term Personal Loan provides high-value funding combined with manageable repayment terms to suit various financial requirements.
| Feature | Details |
|---|---|
| Loan Amount | Minimum ₹50,000 up to ₹50 Lakh |
| Repayment Tenure | 12 months to 84 months (7 years) |
| Interest Rate | Starts from 10.99%* p.a. |
| Collateral | Not required (Unsecured) |
| Application Process | 100% Digital via website or ABCD app |
| Disbursal Time | Within 24 to 48 hours of approval |
Aditya Birla Long-Term Personal Loan Features & Benefits
The Aditya Birla Long-Term Personal Loan is designed with borrower convenience in mind, offering features that make high-value borrowing affordable.
- Flexible Repayment Tenure: Choose a repayment period from 1 to 7 years that aligns with your financial planning and monthly budget.
- High Loan Quantums: Access substantial funds up to ₹50 Lakh to meet significant financial needs such as higher education or home renovation.
- Reduced EMI Burden: Spreading the principal over a longer tenure results in lower monthly installments, making the loan easier to manage.
- No Collateral Needed: Secure funding without pledging any property, gold, or other assets as security.
- Multi-purpose Usage: Use the funds for any financial need, including travel, interior upgrades, or education, with no end-use restrictions.
- Quick Digital Processing: Experience a completely digital onboarding journey with fast approvals and rapid disbursals directly to your bank account.
- Minimal Documentation: Hassle-free application with only essential documents required for a smooth borrowing experience.
- Competitive Interest Rates: Benefit from attractive interest rates starting at 10.99%* p.a. to help reduce your overall borrowing cost.
Also Read: Aditya Birla Personal Loan
Aditya Birla Long-Term Personal Loan for Salaried
Salaried professionals can access tailored financial solutions to manage significant expenses like weddings, home renovations, or medical emergencies with ease.
| Criteria | Requirements for Salaried Employees |
|---|---|
| Age | 21 to 60 years |
| Minimum Monthly Income | ₹25,000 |
| Work Experience | Minimum 1 year total, with at least 6 months in the current organization |
| Credit Score | 750 or above recommended for better approval chances and lower rates |
Also Read: Aditya Birla Personal Loan for Salaried
Aditya Birla Long-Term Personal Loan for Self-Employed
Entrepreneurs, business owners, and freelancers can secure high-value funding without collateral to meet both personal and professional needs.
| Criteria | Requirements for Self-Employed |
|---|---|
| Age | 21 to 65 years at the time of loan maturity |
| Minimum Annual Income | ₹2 Lakh as per the latest Income Tax Returns (ITR) |
| Business Vintage | Minimum 3 years of business continuity with valid proof |
| Credit Score | Preferred 750+ for faster approval and favorable loan terms |
Also Read: Aditya Birla Personal Loan for Self Employed
Aditya Birla Long-Term Personal Loan Interest Rate
Interest rates are competitive and vary based on several individual factors, including the applicant’s profile and current lender policies.
| ROI Type | Percentage/Range |
|---|---|
| Minimum Interest Rate | Starts at 10.99% p.a.* |
| Indicative Range | 10% p.a. to 28% p.a. |
| Nature of Rate | Usually fixed for the entire tenure |
Note: The final interest rate offered is determined by specific criteria such as your credit score, income stability, existing debt obligations, and the loan amount and tenure requested.
Aditya Birla Long-Term Personal Loan Fees & Charges
Understanding the associated costs is essential for managing a long-term financial commitment, and the following table outlines the standard fees applicable to this loan:
| Charge Type | Amount / Details |
|---|---|
| Processing Fees | Up to 4% of the sanctioned loan amount |
| Penal Charges | 3% per month (36% p.a.) on the overdue amount |
| Foreclosure Charges | 4% to 7% of the principal outstanding (allowed only after a 12-month lock-in period) |
| Part Pre-payment Charges | Nil charges for amounts up to 20% of the disbursed amount in a year; 3% to 7% for higher amounts (allowed after 6 months) |
| Cheque Return Charges | Up to ₹1,000 per instance |
| Loan Cancellation | ₹2,000 plus applicable processing fees |
| CIBIL Report Retrieval | ₹100 + GST per instance |
*Note: GST at applicable rates shall be levied on these charges as per prevailing laws.
Also Read: Aditya Birla Flexi Loan
Aditya Birla Long-Term Personal Loan Eligibility Criteria
To qualify for a long-term personal loan, applicants must meet specific professional and financial benchmarks:
- Nationality: You must be a resident Indian citizen.
- Age Range: Applicants should generally be between 21 and 60 years of age.
- Employment Type: The loan is available to both salaried employees at recognized organizations and self-employed individuals with a stable income source.
- Minimum Monthly Income: A stable monthly income of at least ₹25,000 is typically required for eligibility.
- Credit Score: A CIBIL score of 750 or above is highly recommended for faster approval and better interest rates.
- Job Stability (Salaried): At least 1 year of total work experience, with a minimum of 6 months at your current organization.
- Business Vintage (Self-Employed): A minimum of 2 to 3 years of business continuity with official proof of operations is required.
Documents Required for Aditya Birla Long-Term Personal Loan
A seamless digital application process requires you to have the following scanned documents ready for verification:
| Document Category | Required Documents |
|---|---|
| Identity Proof | PAN Card, Aadhaar Card, Passport, Voter ID, or Driving License |
| Address Proof | Utility bills, Rental Agreement, Aadhaar Card, or Passport |
| Income Proof (Salaried) | Salary slips for the last 3 months and Form 16 |
| Income Proof (Self-Employed) | ITR for the last 2 years, Profit & Loss statement, and Balance Sheet |
| Bank Statements | Bank statements for the last 6 months reflecting salary or business income |
| Employment/Business Proof | Offer letter or employee ID (Salaried); GST registration or business license (Self-Employed) |
| Photographs | Recent passport-size photographs |
Also Read: Aditya Birla Personal Loan for Government Employees
Aditya Birla Long-Term Personal Loan EMI Calculator
The online EMI Calculator is a user-friendly tool that helps you estimate your monthly repayment obligations instantly, ensuring your loan remains affordable.
- Input the specific principal amount you wish to borrow.
- Choose your preferred repayment period, typically ranging from 1 to 7 years.
- Enter the indicative interest rate applicable to your profile.
- The tool will automatically generate your monthly EMI, total interest payable, and the total repayment amount.
- Modify the variables to explore different scenarios and find a plan that fits comfortably within your monthly budget.
How to Apply for Aditya Birla Long-Term Personal Loan Online
The application process is 100% digital, allowing you to secure high-value funding from the comfort of your home with minimal effort.
- Step 1: Go to the official Aditya Birla Capital website or download the ABCD app.
- Step 2: Use the online eligibility calculator to determine the loan amount you qualify for.
- Step 3: Complete the online form by entering your personal, employment, and financial details.
- Step 4: Submit scanned copies of necessary documents, including identity, address, and income proof.
- Step 5: The lender will review your application and verify the submitted documents.
- Step 6: Upon final approval, the loan amount is credited directly to your bank account, typically within 24–48 hours.
Factors Affecting Aditya Birla Long-Term Personal Loan Approval
Several critical factors influence the lender’s decision to approve your application and determine the final terms of your loan:
- Credit History: Your CIBIL score is one of the most vital indicators of creditworthiness; a score of 750 or above is recommended to secure better interest rates and faster approval.
- Income and Employment Stability: A steady source of income and a stable job or business history signal reliability and reduce the perceived risk for the lender.
- Surplus Income: Lenders assess the amount of income remaining after your existing monthly obligations (EMIs) to ensure you have the repayment capacity for a new loan.
- Existing Debt Obligations: High levels of current debt can negatively impact your approval chances, as lenders may view you as heavily indebted.
- Loan Purpose: While there are generally no restrictions on usage, lenders may assess the reason for the loan to evaluate overall risk.
- Loan Amount and Tenure: Requesting very high amounts or exceptionally long tenures can lead to greater scrutiny and may attract slightly higher rates due to increased risk.
Also Read: Aditya Birla Personal Loan for Marriage
Aditya Birla Long-Term Personal Loan Customer Care
You can reach out to the customer support team for any queries, service requests, or grievances using the following contact details:
| Contact Method | Details |
|---|---|
| Toll-Free Helpline | 1800 270 7000 |
| Email Support | care.finance@adityabirlacapital.com |
| Helpline Timings | 8 AM to 7 PM, Monday to Sunday |
| Service Branch Hours | 10:00 AM to 5:00 PM, Monday to Friday and alternative Saturdays (Closed on 1st & 2nd Saturdays and all Sundays) |
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