Applying for a personal loan in Kolkata with RING is easy. You simply need to download the RING app, complete the online application form, and submit your KYC documents digitally. The process is entirely paperless, and you can expect approval within minutes. Once approved, the funds are disbursed to your bank account quickly, making it the ideal solution for urgent cash needs.
Get It Fast, Live It Big!
Personal Loan in Kolkata
Zero Pre-payment charges
Flexible Repayment
Instant Bank Transfer
About Our Personal Loan in Kolkata
Looking for a quick and easy way to get access to funds in Kolkata? Whether it’s for an emergency, a big purchase, or a personal need, a personal loan in Kolkata is your answer. With RING, you can apply online in minutes and get up to ₹5 lakhs credited to your account in no time. No paperwork, no long waits – just fast, reliable service for those urgent financial needs. Plus, with RING, you get flexible repayment options and no hidden charges, making it a smart choice when you need an urgent cash loan in Kolkata.
Benefits of Personal Loan in Kolkata
Get approved in minutes with instant personal loans.
No collateral or physical documentation required.
Flexible repayment plans ranging from 3 to 24 months.
Urgent cash loans in Kolkata available up to ₹5 lakhs.
Features of Personal Loan in Kolkata
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 Kolkata 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 Kolkata 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 Kolkata
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
Ankita Roy
Kolkata
When my brother's wedding date was finalised, we had so much to plan in such little time, especially with some last-minute arrangements cropping up. I wasn’t sure where I could find the funds at such short notice. I applied for a personal loan in Kolkata with RING, and to my surprise, the process was so smooth and easy. In just a few hours, I had the money in my account. I didn’t even have to step outside my home! The paperless process was a lifesaver, and I could focus entirely on the wedding preparations without any financial stress.
Sourav Das
Salt Lake
I run a small business, and when I needed urgent cash to order supplies, RING came to my rescue. I applied for an urgent cash loan in Kolkata, and the loan was approved almost instantly. The money hit my account within a day. What impressed me the most was how easy the entire process was – no lengthy paperwork, no unnecessary delays. Thanks to RING, I didn’t lose time or business, and I’ve been able to repay the loan in manageable installments.
Neha Sharma
New Alipore
I had been planning a trip for a long time but was a little short of funds. A friend suggested I check out RING, and I’m so glad I did. The personal loan in Kolkata from RING was approved quickly, and the money was disbursed to my account without any hassles. The process was entirely digital, and I didn’t need to provide any physical documents, which was a huge relief. Thanks to RING, I was able to go on my dream vacation without any worries!
Rohan Sen
Ballygunge
Last year, my father had an unexpected medical emergency, and we needed money immediately to cover the hospital bills. We didn’t have time to go through a traditional loan process, so we turned to RING for help. The urgent cash loan in Kolkata was a godsend. I applied online, and the loan was approved within hours. The funds were available in my account the next day, and I was able to cover all the expenses without any delays. RING really came through for us in our time of need.
Priya Ghosh
Howrah
My husband and I wanted to renovate our home, but we were falling short of funds. After doing some research, we came across RING, and their personal loan in Kolkata seemed like the perfect solution. We applied, and the loan was approved in no time. The flexible repayment options allowed us to manage our finances without any burden. Thanks to RING, our house renovation was completed on time, and we are now enjoying our newly renovated space.
Rahul Mukherjee
Tollygunge
I was looking for a personal loan to fund my higher studies and came across RING. The process was super smooth, and I didn’t have to visit any bank or submit physical documents. The personal loan in Kolkata was processed quickly, and the funds were in my account within a day. I used the money to pay for my course fees and other educational expenses. The whole experience was hassle-free, and I highly recommend RING to anyone looking for a quick loan solution.
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.
How do I apply for a personal loan in Kolkata?
What are the eligibility criteria for a ₹5 lakh personal loan in Kolkata?
To be eligible for a personal loan in Kolkata with RING, you need to be at least 21 years old and an Indian citizen. A stable source of income is also required, as this helps in determining the loan amount you can qualify for. Your credit score and repayment history play an important role in loan approval, and those with good credit are more likely to receive higher loan amounts.
How fast can I get an urgent cash loan in Kolkata?
With RING, you can get an urgent cash loan in Kolkata within a matter of hours. The entire application process is digital and quick, with no physical documentation needed. Once your KYC is verified and the loan is approved, the money is credited to your bank account almost immediately, allowing you to tackle your financial needs without delay.
What is the interest rate for personal loans in Kolkata?
The interest rate for personal loans in Kolkata with RING varies between 18% and 36% per annum, depending on your credit profile, income, and repayment tenure. When you apply for a loan, you will be shown the exact interest rate applicable to you, ensuring full transparency. Additionally, the processing fee will be clearly stated, so there are no hidden charges or surprises.
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