100% digital process
Submit all your details and documents online.
Get Flexi Credit up to ₹9 lakhs ✔️Instant disbursal ✔️100% online process
Apply Now
Get your next secured loan in an instant. Secured loans are backed by collateral and offer much lower interest rates than any unsecured loans. Looking to apply for a secured personal loan in no time? Check multiple loan offers and apply for the one that gives you the best deal!
Get a loan on your terms. Choose from the EMI and tenure options.
Submit all your details and documents online.
Get your Loan application approved!!
Choose your loan tenure
Follow the simple steps mentioned below
Find Shop > Airtel Finance
Fill in your basic details
Basis profile verification
Link your bank account
Use the EMI calculator to find out how the secured loan will affect your finances in the near future:
Personal loan amount
Enter the loan amount
Tenure plan
Choose your tenure plan
Rate of interest
Adjust your interest rate
Principal
Interest
Here are some of the features of a secured loan:
Depends on the collateral
Backed by collateral
Flexible & easy to manage
Faster & easier
Fixed and variable
Depending on your needs
Secured loans are available for the following applicants:
Personal loans from Airtel Finance are available for salaried and self-employed individuals
Yearly income should be ideally above ₹3 lakhs
The collateral that you provide should be worth up to the loan amount
A secured loan is backed by collateral, such as property, gold, or other valuable assets, which reduces the lender’s risk and can result in lower interest rates.
A secured loan requires collateral, while an unsecured loan does not. Secured loans typically offer lower interest rates and higher loan amounts, whereas unsecured loans rely on the borrower’s creditworthiness.
Secured loans can be used for various purposes, including home renovations, purchasing a vehicle, business expansion, or other significant expenses requiring substantial funding.
Interest rates for secured loans generally range from 8% to 15% annually, influenced by the value of the collateral and the borrower’s credit profile.
To qualify for a secured loan, you need to provide valuable collateral, maintain a good credit score, demonstrate stable income, and meet your lender’s specific eligibility criteria, including age and repayment capacity.
The maximum loan amount for a secured loan depends on the value of the collateral and the borrower’s income. Secured loans are usually offered up to 70% to 90% of the value of the collateral.
If you default on a secured loan, your lender can seize the collateral to recover the outstanding amount. Additionally, defaulting can damage your credit score and affect future borrowing capabilities.
To avail of a secured loan, follow these steps:
