We are Providing

Personal Loan

Personal Loan

Life is full of uncertainties. You never know when you might end up needing funds immediately for Personal, Business, Education, Family Weddings, Travel, Home renovation, or many more needs. At such critical points in life, a Personal Loan enables you be self-reliant and take charge of the conditions.
We, at Reliance Spectra India, offer instant personal loans to both salaried and self-employed professionals. Our collateral-free personal loans with a simple documentation process, quick disbursal, and competitive interest rates, help you to meet your demand for urgent funds.
Now you know. The next time you need funds immediately, take a Personal Loan and get it done!


  • No income proof required.
  • Convenient loan repayment option of 6 to 60 months.
  • Simplified and quick documentation
  • Attractive interest rate of 8.5%.
  • Hassle-free loan sanction and disbursal procedure


  • Identity Proof – Any one (e.g. Voter ID / Driving License / Passport/Aadhar Card).
  • Address Proof – Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill /
    Electricity Bill/Credit Card Bill).
  • Passport Size Photograph.
  • Any other valid Photo ID card issued by central or state government.
  • Bank Statement.
  • Salary Slip(If Available).
  • Office ID(If Available)

Frequently Asked Questions

Who can avail Personal loan from Reliance Spectra India?

Salaried Individuals, Self Employed Professionals, & Self Employed Businessmen

What are the lending rates?

The best possible rate for personal loan at 8.5%per annum, as per the eligibility of the individual.

What are the loan tenure options?

12-60 months

Which Personal Loans can be financed?

Travel, Marriage, Renovation, Education, work expansion and other personal uses.

How is the interest charged/calculated?

Interest is calculated on a monthly reducing balance basis.

What is a Monthly Reducing Balance?

In the case of the monthly reducing balance method, the principal gets reduced at the end of every month and the interest is calculated on the outstanding principal at the end of the month.

Do I have to pay any additional charges?

Please refer Fees & Charges Schedule

Fees & Charges

ParticularsFees & Charges
Cheque Bounce ChargesRs 250/-
Cheque Swapping ChargesRs 300
Overdue InterestRs 300
EMI Cycle Date ChangeNA
Reschedulement ChargesNA
Duplicate NOCNA
Outstation Cheque ChargesRs. 45 per cheque
Cheque revalidation chargesRs. 100
Loan Statement charges ( per
Foreclosure ChargesRegular Customers prepayment allowed from
disbursement date.
i) Before 6 months:5% of Principal
ii) After 6 Months :2% of Principal
Loan cancellation chargesRs.1650
Loan reschedulement charges EMI
Cycle Date Change
SPDC retrieval Charges for swap,
matured, preclosure and customer
induced cancellations
i) Rs.100/- at the time of
Preclosure/Swap/Matured/Customer Induced
ii) Rs.150/- upto sixty days from the day of
Preclosure/Swap/Matured/Customer Induced
Changing Fixed Rate to Floating &
Vice versa
Non Refundable FeeNA
Conversion chargesNA
Copies of Loan Documents/
Agreement/Retrieval of Share
Charges on Part DisbursementNA
Foreclosure statement chargesNA
GST, as notified by the Government of India, is applicable on all fees, interest and other charges
and is subject to change as per relevant regulations of the Government of India.
Terms and conditions apply.