Aditya Birla Finance Limited (ABFL) — the NBFC arm of the Aditya Birla Group — offers personal loans from ₹1 lakh to ₹50 lakh with interest rates starting at 12% per annum and tenures of up to 84 months — one of the longest among NBFCs in India.
ABFL at a glance
- Loan amount: ₹1 lakh to ₹50 lakh
- Tenure: 12 to 84 months
- Interest rate: 12% to 30% p.a. (reducing balance)
- Processing fee: Up to 2% of loan amount + GST
- Disbursal time: Same day to 48 hours
- Cities: Available in 400+ cities across India
Employees at Aditya Birla Group companies — Hindalco, UltraTech Cement, Grasim, Madura Fashion, Idea — receive an automatic rate discount of 0.5%–1.5% on ABFL personal loans. Specify your employer during application to ensure the discount is applied.
Key features and product variants
- Personal Loan — Standard: Fixed EMI, fixed rate, straightforward product. Best for customers who want certainty of cost and a defined repayment schedule.
- Flexi Personal Loan: A revolving credit facility where you draw from a sanctioned limit, repay, and redraw. Interest is calculated only on the outstanding balance.
Additional features: part-prepayment allowed after 6 EMIs with a charge of 2% on the prepaid principal; top-up loans available after 12 EMIs with satisfactory repayment history.
Interest rates and fee structure
| CIBIL Score | Indicative Rate (p.a.) | Processing Fee | Foreclosure Charge |
|---|---|---|---|
| 760 and above | 12% – 14.5% | Up to 1% | 2% after 12 EMIs |
| 730 – 759 | 14.5% – 18% | Up to 1.5% | 2% after 12 EMIs |
| 700 – 729 | 18% – 23% | Up to 2% | 2% after 12 EMIs |
| Below 700 | 23% – 30% or rejection | Up to 2% | 2% after 12 EMIs |
ABFL charges 2% on outstanding principal for foreclosure after 12 EMIs. On a ₹20 lakh loan with ₹15 lakh outstanding, that is ₹30,000 in charges. Factor foreclosure costs into your total cost of borrowing calculation if you plan to prepay within 2–3 years.
ABFL offers one of the longest personal loan tenures among NBFCs — 84 months — which reduces EMI but increases total interest paid.
Eligibility and document requirements
- Age: 23 to 60 years at loan maturity
- Minimum net salary: ₹25,000 per month in metro cities; ₹20,000 in Tier 2 cities
- Employment stability: 1 year with current employer; 3 years total employment history
- CIBIL score: 700 and above (720+ for competitive rates)
- FOIR limit: Not to exceed 50% including the proposed EMI
EMI reference table 2026
Monthly EMIs at 13.5% p.a. for CIBIL 730+ salaried borrowers at ABFL in 2026:
| Loan Amount | Tenure | EMI at 13.5% p.a. | Total Interest Paid |
|---|---|---|---|
| ₹3 lakh | 24 months | ₹14,407 | ₹45,768 |
| ₹5 lakh | 36 months | ₹16,987 | ₹1,11,532 |
| ₹10 lakh | 48 months | ₹27,068 | ₹2,99,264 |
| ₹25 lakh | 60 months | ₹57,306 | ₹9,38,360 |
| ₹50 lakh | 84 months | ₹88,508 | ₹24,34,672 |
Use our EMI consolidation calculator to verify the exact savings for your current debt profile before applying. Also explore all personal loan options to confirm ABFL is the best fit for your credit score and salary level.