Kavi Kalapi Garden, Surat, India

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.


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
  • 6Income documents – recent salary slips for salaried individuals and bank statement for self employed


Install App

Public Notice

OPT for Moratorium