AU Small Finance Bank Personal Loan
AU Small Finance Personal Loan Details 2026
AU Small Finance Bank offers personal loans that help to fulfil short-term financial needs without having to pledge collateral or security. The bank ensures easy loan processing that requires minimal documentation, prompt disbursement of loan amount, and low intko09ierest of up to 30%. Read on to know more details about AU Personal Loan.
Overview of AU Personal Loan
The key details about AU Personal Loan are mentioned below:
Interest Rate | Up to 30% |
Loan amount | Up to Rs.10 lakh |
Tenure | 12 to 60 months |
Minimum age | 23 years |
Processing fee | 4% of loan amount approved by the bank plus applicable taxes |
Features of AU Personal Loan
The features of AU Personal Loan are mentioned below:
- Simple 5-Step online process through a convenient and fully digital five-step journey.
- Offers a personal loan without the need for collateral or a guarantor.
- Low documentation requirements due to minimal paperwork ensure a smooth and quick loan process.
- Offers a repayment period ranging from 1 to 5 years.
Benefits of AU Personal Loan
The AU Personal Loan comes with multiple benefits, which are listed below:
- Low Interest Rates: Offers reduced interest rate on your personal loan over the repayment term.
- Easy Loan Management: Enables borrowers to manage all their loan-related activities online from the comfort of your home.
- Combine Your Debts: Merge multiple high-interest debts into one affordable personal loan.
- Pre-Approved Loan Offers: Offers pre-approved loans with special rates and no paperwork to eligible existing customers.
- Exclusive Royale Benefits: Offers lower processing fees and preferential interest rates to royale customers.
Eligibility Criteria
The applicants must fulfil the below-mentioned eligibility criteria to apply for AU Personal Loan:
- Should be an Indian resident.
- The minimum age during loan application should be 23 years.
- The maximum age at the time of loan maturity should be 60 years.
- The applicants can apply for a loan amount of up to Rs.10 lakh.
Fees and Charges on AU Personal Loan
The fees and charges applicable on AU Personal Loan are given in the table below:
Administration and documentation fee | Nil |
Stamping charges | As per the State’s Stamp Act |
Overdue interest | 3% of the outstanding amount per month |
Prepayment or foreclosure charges | Payment made one year before last disbursement date:5% of the balance amount at the time of closurePayment made after one year of last disbursement date: 3% of the balance amount at the time of closure |
How to Apply for AU Personal Loan?
AU Small Finance Bank ensures convenient and quick loan processing with minimal documentation. Here are the steps to apply for AU Personal Loan:
- Visit the official website of AU Small Finance Bank.
- Navigate to the ‘Personal Loan’ option under the ‘Loans’ tab.
- Click on ‘Apply for Personal Loan’ to start the application process.
- Enter the required personal and financial details.
- Check for pre-approved loan offers, if available.
- Submit the application to complete the process.
Note: Customers can also apply for AU Small Finance bank personal loan via offline mode by visiting the nearest bank branch and completing the Personal Loan application formalities with the help of a bank representative.
FAQs on AU Small Finance Bank Personal Loan
- Do I need to have any collateral to avail myself of the AU Personal Loan?
No, you do not need any collateral to avail yourself of the AU Personal Loan.
- Can I foreclose my AU Personal Loan?
Yes, you can foreclose your AU Personal Loan at an applicable rate of 5% or 3% of balance amount, if prepayment is done either before or after 12 months of the last disbursement date, respectively.
- What is the minimum loan amount that I can apply for under AU Personal Loan?
The minimum loan amount that you can apply for under AU Personal Loan is Rs.25,000.
- Will I get any tax benefit on the AU Personal Loan?
No, there are no tax benefits on AU Personal Loan, as personal loans do not come under the tax benefits.
- Can NRIs apply for AU Personal Loan?
No, NRIs (Non-Resident Indians) cannot apply for AU Personal Loans.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2026 BankBazaar.com.