Apply For Personal Loan

Loan EMI Calculator

Personal Loan in Surat

Personal Loan in Surat

The lively city of Surat is a popular base for textiles, authentic cuisines, jewellery and diamonds. For growth, survival and achieving life goals in a smart city like Surat, a personal loan offers good support. As digital technology progressed in Surat, the majority of the loan seekers turned their attention to instant loan apps and online credit platforms. Acquiring a personal loan becomes indispensable when there is an urgent need, and the funds are inadequate.

There are several fintech companies, credit firms and local lenders in Surat willing to offer easy to repay personal loans. Simply Cash is one of the latest personal loan apps that natives in Surat can access freely to submit a loan application. Instead of visiting the branch personally, save you time and take advantage of the online loan services.

Personal Loan Interest Rates in Surat

In Surat or any other city, a credit score plays a significant role in getting the desired interest rate. Low credit score will make a borrower eligible for a loan but only at a higher rate of interest. Over a period of time, you can improve the credit score with systematic planning and management of loan accounts. The lowest interest rate on a personal loan in Surat is 10.45%.

Feature and Benefits of Personal Loan in Surat

Apply for a personal loan in Surat and avail the benefits of instant loan apps speeding up your way to faster loan approval:

Paperless Documentation

The instant loan apps applicable in Surat city allow borrowers to create a loan account where they can upload soft copies of mandatory documents or enter details given on KYC documents. This eliminates the hassles of personally visiting the branch for loan application.

Quick Verification

Online loan application is faster and takes only a few minutes to complete. Verification of KYC details is mostly done in real-time, which speeds up the sanction and disbursal process, generally in 48 hours.

Small Cash Loans

Surat has many local vendors and mid sized retailers in need of small cash loans. A minimum of 50,000 Rs can be easily approved via instant loan apps, even if the borrower is new in the business.

Security

Personal details, mandatory documents and income proofs are kept confidential to preserve the security of the borrowers. Hence, it is advisable to use a reliable instant loan app such as Simply Cash.

Automated Repayment

Auto debit option is a wise thing to choose when it’s about paying EMIs. This setting automatically debits the EMI amount every month on the approved date. It eliminates the chances of missed/delayed payments and maintains a good credit score.

How to Apply For Personal Loan in Surat

Starting a new venture or upgrading an existing business in Surat requires financial support. Personal loans in Suratare easy to procure and can be quickly applied through the following steps:

  • 1. Install a personal loan app in your android phone through Google Play store
  • 2. Register using your email id or mobile number.
  • 3. Fill in the loan application form, consider the mandatory fields.
  • 4. Use the loan EMI calculator to derive a suitable EMI. Use the slider to flexibly change the variables.
  • 5. Upload/enter the loan pre-requisites – Aadhar Card/Smart Card Driving License, a Mobile number linked to Aadhaar (for OTP), PAN Card and Bank account details.
  • 6. On verification, the loan approval and disbursal are done within 48 hours.

Documents Required and Eligibility Criteria

Confirm the eligibility criteria to avoid loan rejection.

  • 1Borrower must be a citizen of India
  • 2Borrower must be working in/with either private or public sector
  • 3Borrower must fall in an age group of 21 to 58 years
  • 4Borrower must earn at least 15,000 per month
  • 5Standard KYC documents - Aadhar card, Driver’s licence, PAN card
  • 6IIncome documents – 6 months bank statement of salary account for salaried and 6 months statement of bank account with most transactions for self-employed
Blogs

FAQs

Accepted Banks:

ICICI BANK LTD HDFC BANK LTD IDBI BANK STATE BANK OF INDIA PUNJAB NATIONAL BANK YES BANK INDUSIND BANK KOTAK MAHINDRA BANK LTD

IDFC FIRST BANK LTD AXIS BANK BANK OF BARODA TAMILNAD MERCANTILE BANK LTD INDIAN OVERSEAS BANK INDIAN BANK RBL BANK LTD DEUTSCHE BANK AG CITY UNION BANK LTD FEDERAL BANK SOUTH INDIAN BANK STANDARD CHARTERED BANK CANARA BANK KARNATAKA BANK LTD CITI BANK BANDHAN BANK UNION BANK OF INDIA DCB BANK LTD DBS BANK INDIA LTD THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD DEUTSCHE BANK UCO BANK

Secured
Safe & Secure

SimplyCash is managed and operated by Hero FinCorp Limited, and it follows high data and system security standards.

View Details

SimplyCash Insights

Install App Instant Small Cash Loan App Online
Useful Links

Copyrights @ 2021 All Rights Reserved Powered by HeroFinCorp Ltd.