To be eligible for a personal loan in Ahmedabad through Ring, you must be at least 21 years of age. This ensures that applicants are financially responsible and capable of repaying the loan.
Unlock Instant Credit in the Heart of Ahmedabad
Personal Loan in Ahmedabad: Empower Your Dreams Today!
Zero Pre-payment charges
Flexible Repayment
Instant Bank Transfer
About Our Personal Loan in Ahmedabad
Need quick funds to fuel your aspirations? With Ring, you can now access hassle-free credit tailored just for Ahmedabad's vibrant, go-getter crowd. Whether it’s for an urgent expense or a planned purchase, Ring’s personal loan in Ahmedabad ensures you’re always ahead of the game!
Benefits of Personal Loan in Ahmedabad
Fast & Easy – Get cash in your account with just a few taps.
No Collateral Needed – 100% unsecured, just trust and transparency.
Flexible Repayment – Pay over 3 to 24 months, based on what suits you.
24/7 Availability – Apply anytime, anywhere in Ahmedabad!
Features of Personal Loan in Ahmedabad
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 Personal Loan in Ahmedabad 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.
Personal Loan in Ahmedabad 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 Personal Loan in Ahmedabad
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 a Personal loan 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
Rahul S.
Navrangpura
When I urgently needed funds to cover some unexpected medical expenses, I was nervous about the process. But with Ring, it was a lifesaver! I applied for an urgent cash loan in Ahmedabad, and the entire process took less than 10 minutes. Within no time, the money was transferred to my account. The best part? There was zero paperwork involved, and I could manage everything on my phone! Highly recommend Ring to anyone who needs fast, reliable credit.
Sneha D.
Maninagar
I’ve always been wary of personal loans because of the hidden charges and lengthy procedures. But Ring changed all of that! I applied for a personal loan in Ahmedabad to cover some home renovation costs, and the experience was seamless. The app was user-friendly, the KYC process took minutes, and there were no surprises when it came to fees or repayment terms. I’m definitely sticking with Ring for any future financial needs!
Vivek P.
Satellite
As a freelancer, managing cash flow can be tricky, and when I needed a loan for some professional equipment, Ring came through. I applied for a personal loan in Ahmedabad through the app and was pleasantly surprised by how quick and transparent the process was. The flexible repayment options meant I could manage my EMIs without feeling the pressure. Ring is a game-changer for self-employed people like me!
Ayesha R.
SG Highway
I’m always on the go and don’t have time for complex paperwork or endless bank visits. That’s why Ring was the perfect solution for me! I applied for a personal loan in Ahmedabad to fund my MBA course, and everything—from document submission to loan approval—was done online. Plus, the security measures they have in place made me feel safe sharing my details. I highly recommend Ring for anyone looking for quick, reliable, and secure loans!
Devika T.
Paldi
I wanted to go on a family vacation but didn’t want to break my savings. I came across Ring, and it was the best decision! I got my personal loan in Ahmedabad within hours and used the flexible repayment plan to manage the EMIs around my salary dates. The best part? I earned cashback every time I made a transaction. The loan didn’t just help me travel; it gave me rewards along the way!
Arjun K.
Bopal
Ring made my wedding dreams come true! I needed a loan to cover some last-minute wedding expenses, and their personal loan in Ahmedabad was perfect. No collateral, no physical visits to a bank—everything was digital, and the approval was almost instant. What I loved most was their transparent process, and the customer service team was super helpful when I had questions about my repayment options. I’ll be using Ring again for sure!
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 the minimum age limit to apply for a personal loan in Ahmedabad?
What is the maximum personal loan repayment tenure at PaywithRing?
Ring offers flexible repayment options ranging from 3 to 24 months. This gives you the freedom to choose a repayment plan that suits your financial situation. Whether you prefer to repay quickly or spread your payments over two years, Ring has you covered.
Are the interest rates competitive for Personal Loans in Ahmedabad?
Yes, Ring offers interest rates between 18% and 36% per annum, which are highly competitive in the market. Your interest rate depends on factors like the loan amount, your credit history, and repayment tenure. Rest assured, Ring offers transparent and fair rates for all its customers in Ahmedabad.
How can I apply for a Personal Loan in Ahmedabad with PaywithRing?
Applying for a personal loan in Ahmedabad is simple! Just download the Ring app from the Play Store or App Store, sign up with your phone number, and complete the KYC process. Once approved, you can choose the loan amount and tenure that suit you, and the money will be transferred directly to your account in minutes.
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