AU Small Finance Bank Personal Loan

Last Updated : Feb. 27, 2025, 4:18 p.m.

AU Small Finance Bank personal loan to salaried and self-employed individuals for various financial needs, such as medical emergencies, home renovations, travel, or debt consolidation. These loans have flexible repayment tenures, competitive interest rates, and minimal documentation. Loan amounts typically range upto Rs.10 lakh, depending on eligibility. The bank provides a quick approval process; applicants can apply online or at a branch.

AU Small Finance Bank Personal Loan Interest Rate Details 2025

Highlight of Personal loan Interest rate in a detailed manner offered by AU Small Finance Bank -

Types of AU Small Finance Bank Personal Loan

The top types of AU Small Finance Bank Personal Loans are mentioned below -

1. Wedding Loans: Crafting Memorable Beginnings

Wedding loans help cover expenses like venue bookings, catering, attire, and other ceremonial costs. These loans usually offer higher amounts to accommodate grand wedding celebrations. They provide financial support to couples and families, ensuring a memorable event without financial stress.

2. Medical Loans: Managing Healthcare Costs

Medical loans cover healthcare expenses, including treatments, surgeries, and hospitalization. Quick approvals ensure timely access to medical services. Some lenders even have tie-ups with hospitals for direct bill settlements. These loans help individuals prioritize health without financial strain.

3. Travel Loans: Fulfilling Wanderlust

Travel loans cover expenses like flights, accommodation, and other travel-related costs. Some lenders offer special benefits like travel insurance, discounts, or tie-ups with travel agencies. These loans allow individuals to explore new destinations without financial worries.

4. Home Renovation Loans: Enhancing Living Spaces

Home renovation loans help finance repairs, remodeling, or home upgrades. They offer flexible repayment options and higher loan amounts based on renovation estimates. These loans empower homeowners to improve their living spaces and increase property value.

5. Debt Consolidation Loans: Simplifying Finances

Debt consolidation loans combine multiple debts into a single, manageable loan. They streamline repayments and may offer lower interest rates, reducing financial stress. Borrowers can regain control over their finances with structured repayment plans.

6. Festival Loans: Celebrating Traditions

Festival loans help cover expenses for gifts, decorations, and other festive needs. They come with quick approvals and special festive offers like reduced interest rates. These loans allow individuals to celebrate traditions without financial constraints.

Features of AU Small Finance Bank Personal Loan

With AU Personal Loan, skip lengthy approvals and focus on achieving your dreams.

Here’s what you get:

• 5-Step Digital Process: Apply seamlessly with a quick and easy 5-step digital journey.
• No Collateral Required: Get a loan without pledging any security or needing a guarantor.
• Minimal Documentation: Enjoy a hassle-free process with minimal paperwork.
• Flexible Tenure: Choose a repayment period between 12 to 60 months with easy EMIs.

Benefits of AU Small Finance Bank Personal Loan

Applying for an AU Personal Loan comes with several advantages:

• Competitive Interest Rates: Enjoy a reduced interest rate throughout the repayment period.
• Effortless Loan Management: Manage your loan easily from home with just a few clicks.
• Debt Consolidation: Merge high-cost debts into a single loan at an affordable interest rate.
• Pre-Approved Offers: Existing customers may get pre-approved loans with special rates and no documentation.
• Royale Benefit: Royale customers enjoy preferential processing fees and interest rates.
• Short-Term- Loan: Meet short-term financial needs like travel, education, home renovation, or weddings.
• Flexible Repayment Tenure: Choose a flexible repayment tenure of 12 to 60 months with easy monthly installments.
• Beneficial Interest Rates: Benefit from competitive interest rates throughout the repayment period.

AU Small Finance Bank Personal Loan Eligibility Criteria

Lenders have different criteria for approving personal loans . Compare options before applying. Key factors include:

• Age: Typically between 21-60 years, with variations for salaried and self-employed individuals.
• Work Experience (Salaried): Minimum 1-2 years, with at least 6-12 months in the current job.
• Salary: Private banks usually require Rs.15,000+ monthly income, while public banks may have lower limits.
• Self-Employed: Eligibility depends on turnover, profit after tax, and business stability.
• Location: Higher salary requirements in metro cities like Mumbai and Delhi.
• Eligible Applicants: Salaried employees from private/public sectors and self-employed professionals (doctors, CAs, architects, etc.).
• Residency: You must be an Indian resident.

Calculate Monthly EMIs of AU Small Finance Bank Personal Loan

Curious about your EMI? Use the Online AU Small Finance Bank Personal Loan EMI Calculator for instant results. This tool helps you estimate your monthly payments, ensuring a hassle-free loan experience. Your EMI includes both principal and interest, payable every month.

For Example -

If you borrow Rs.5,00,000 from AU Small Finance Bank for 5 years at an interest rate between 11.00% p.a. and say up to 20.00% p.a., you can quickly calculate your EMI using the calculator.

Documents Required For AU Small Bank Personal Loan

Documents required for the AU Small Finance Bank personal loan application form:-

Include your name, place of residence, date of birth, and employment information.

• For salaried individuals, provide work experience and take-home salary.
• Self-employed applicants should mention turnover, profits, and other relevant financial details.

Fee/Charges Applicable on AU Small Finance Bank Personal Loan

The table shows you the additional charges being levied upon the personal loan with the interest rates -

Steps to Apply For an AU Small Finance Bank Personal Loan Online

Applying for an AU Personal Loan is quick and hassle-free. Follow these simple steps:

• Click on "Apply Now" – Start your application by clicking the Apply Now button.

• Verify Your Details – Ensure all personal and financial details are accurate.

• Check Pre-Approved Offers – See if you're eligible for any exclusive pre-approved loan offers.

• Visit a Branch (Alternative Option) – Prefer in-person assistance? Visit the nearest branch for help with your application.

Summary!

AU Small Finance Bank personal loan up to Rs.10 lakh for both salaried and self-employed individuals to cover expenses such as medical emergencies, travel, home renovations, weddings, and debt consolidation. The loans come with flexible repayment tenures ranging from 12 to 60 months, with interest rates starting at 11% p.a. The application process is fast, requiring minimal documentation. Existing customers may receive pre-approved offers with preferential rates.