RING is a quick personal loan app designed specifically for the young and ambitious individuals in India. Our app is fully digital and offers a variety of personal loans, ranging from urgent needs to long-term financial goals, all backed by RBI-registered NBFCs. We aim to simplify the borrowing experience while ensuring user safety and satisfaction.
Need Cash Fast? Unlock Your Dreams
with RING!
When life throws you a curveball, RING is here to catch it! Our quick personal loan app gets you the funds you need in a flash. Whether it’s an unexpected expense or a dream you’re ready to chase, we’ve got your back with our seamless, paperless process!
Zero Pre-payment charges
Flexible Repayment
Instant Bank Transfer
About Our Urgent Personal Loan App
Dive into financial freedom with RING, your go-to urgent personal loan app! With the ability to access loans up to ₹5 lakhs, we ensure you get the support you need when you need it. Experience the magic of instant credit approval, all while enjoying a completely digital process—no fuss, no hassle!
Benefits of Urgent Personal Loan App
Instant Approval: Get the green light on your loan application faster than you can say “cash flow!”
Flexible Repayment Plans: Choose a repayment schedule that fits your lifestyle—3 to 24 months of ease.
Paperless Process: Skip the paperwork and enjoy a hassle-free experience.
Quick Cash Transfers: Move your money where you need it, when you need it.
Features of Urgent Personal Loan App
Credit Up to Rs. 5 Lakhs
Avail of credit up to Rs. 5 lakhs with paperless KYC.
Flexible Repayment
Choose repayment periods from 3 to 60 months.
Instant Approval
Money transferred to your bank account in 5 minutes.
Zero Paperwork
100% Digital - Hassle-free process
No Collateral Required
Secure a loan without pledging any assets.
Transparent Terms
Know all costs upfront with no hidden charges.
Competitive Rates
APR ranges from 32% to 57% per annum.
Multi-Purpose Loans
Use your loan for personal or business purposes
Check Your Eligibility
Instant Personal Loan Eligibility Criteria
To qualify for a personal loan applicants need to meet the following criteria:
- Nationality: Indian citizen.
- Age: Between 23 and 55 years.
- Documentation: Selfie, PAN Card, and Aadhaar Card.
- Income Proof: Required only for select high-value loans based on credit profile.
- Profile : Salaried, Self-Employed, Small busines owner & MSMEs
Having these documents prepared ensures a smoother and quicker application process
We've made it easy and convenient to apply for a urgent personal loan app with us.
Follow these simple steps to get started:
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Verify Mobile Number
Enter your number on the RING app/website, receive an OTP, and verify.
Urgent Personal Loan App EMI Calculator
Breaking Down the Cost: Interest Rates Explained
A tool designed to help you understand the monthly payment on your loan. Whenever you take a loan, the EMI amount that you will pay is very important in helping you arrive at your final loan amount and repayment tenure. Our personal loan calculator helps you do just that. You will be able to see your monthly payment, and this will help you decide what your loan amount should ideally be, and if it is payable over a period.
Principal Amount (A): ₹500,000
Interest Amount (B):
Your EMI: ₹ per month
Your Loan Amount: ₹500,000
At Interest Rate of: 2%
For : 2 years
Total Payable: ₹
Here’s a quick example to illustrate:
- Loan Amount (Principal): ₹1,00,000
- Tenure: 12 months
- Interest Rate: 13% per annum
- Processing Fee (incl. GST): ₹3000 (3%)
- Total Interest: ₹7,180.73
- EMI: ₹1,374.63
- APR: Start from 14%
Disclaimer - The Loan EMI Calculator only shows an estimate. Consult your lender for accurate details.
The Formula to Calculate EMI on Urgent Personal Loan App
The formula for calculating EMI is as follows:
EMI = [P x R x (1+R) ^N]/ [(1+R) ^ (N-1)]
P= Principal loan amount | R= Monthly interest rate (annual interest rate divided by 12) | N= Loan tenure in months
**To explain it further, let’s see an example:**
Suppose you take an Urgent Personal Loan App for ₹5,00,000 with an annual interest rate (IR) of 10% for a tenure of, say, 5 years (60 months).
First, convert the annual interest rate to a monthly interest rate. In this case, the monthly interest rate would be 10%/12 = 0.00833.
Using the formula, you can calculate the EMI as follows:
EMI = [500000 x 0.00833 x (1+0.00833)^60] / [(1+0.00833)^60-1]
By simplifying the equation, you will find that the EMI for this loan would be approximately ₹10,609.
This means that your monthly payment will be ₹10,609 for 60 months to repay the loan amount along with the interest.
For a more detailed explanation, you can refer to this blog.
Hear from Our Happy Customers
Shriya Sharma
I needed a quick loan for my brother's wedding, and RING came to the rescue! The process was smooth, and I received the funds in no time. I was worried about how to manage the expenses, but with RING's fast approval, I could cover everything from the venue to the catering. Highly recommend it to anyone who needs cash quickly!
Rajesh Kumar
With RING, I managed to cover my unexpected medical bills without breaking a sweat. The quick personal loan app really lives up to its name! The application was straightforward, and the funds were in my account in less than 15 minutes. I felt relieved knowing I could handle my expenses without stress.
Priya Mehta
As a small business owner, I often face cash flow challenges. RING helped me with the cash flow I needed for a crucial purchase. The customer service was exceptional, guiding me through the application. I received my loan swiftly, allowing me to seize a fantastic opportunity for my business. I can’t thank RING enough!
Vikram Singh
I was sceptical at first, but RING proved to be trustworthy and efficient. The interest rates were transparent, and I appreciated that I didn't have to deal with any hidden fees. I got my loan quickly and easily—definitely a game-changer! Now I’m a loyal user, and I recommend it to my friends and family.
Aisha Patel
I love how simple RING makes borrowing money. I got my urgent personal loan approved in minutes, and the app is super user-friendly! It took away the hassle of traditional loan processes, and the rewards program is an added bonus. Every time I use it, I feel empowered and in control of my finances.
Deepak Verma
RING is my go-to for financial help! The cashback on transactions is a fantastic bonus. The team is also very supportive and responsive whenever I have questions. It’s more than just a loan app; it’s a financial companion! I trust RING to be there for me in times of need.
Find the Right Personal Loan For You
Personal Loan for Travel
Fund your dream vacation and make unforgettable memories with our travel loans. From flights to hotels and everything in between, we’ve got you covered so you can focus on enjoying your trip.
Personal Loan for Students
Invest in your future or your child's education with our flexible education loans. Cover tuition fees, buy study materials, or enrol in that special course without financial stress.
Personal Loan for Home Renovation
Give your home a makeover without breaking the bank. Whether it’s a new kitchen, a fresh coat of paint, or an extension, our loans make it possible.
Personal Loan for Weddings
Make your special day even more magical with our wedding loans. Plan the perfect wedding without worrying about the expenses, from the venue to the honeymoon.
Got Questions? Let's get to them.
What is RING?
How do I apply for a loan?
Applying for a loan with RING is easy! Simply download our app, complete the paperless KYC process, and fill out your loan application form. Within minutes, you’ll receive a decision. The entire process is designed to be user-friendly, so you can focus on what matters most—your financial needs!
What documents do I need?
You’ll need just two essential documents: your PAN and Aadhaar. This minimal documentation makes it quick and hassle-free to apply for a loan. We believe in making the process straightforward and accessible to everyone.
What’s the maximum loan amount I can get?
The maximum loan amount available through RING is ₹5 lakhs. This amount is determined based on your eligibility and repayment capacity, which we assess during the application process. Our aim is to provide you with sufficient funds to meet your urgent financial needs.
More Questions
