Applying for a personal loan in Surat with RING is a breeze! First, download the RING app from the Play Store or App Store. After installation, simply fill out the digital application form with your personal details and loan requirements. Next, complete the paperless KYC process, which is designed to be quick and efficient—no need for any physical documentation. Once your application is submitted, our advanced system will review it promptly. If everything meets the necessary criteria, you could receive funds in your bank account in under 5 minutes! It’s that easy.
Need cash urgently? RING is here to help you!
Your Dream, Your Personal Loan in Surat
Zero Pre-payment charges
Flexible Repayment
Instant Bank Transfer
About Our Personal Loan in Surat
Need a personal loan in Surat? Look no further! RING offers a hassle-free, digital application process where you can secure up to ₹5 lakhs with just a few taps on your smartphone. Our paperless KYC ensures that you receive your funds in under 5 minutes, allowing you to manage your urgent financial needs without the stress.
Benefits of Personal Loan in Surat
Instant approval and credit activation to meet your urgent needs.
No collateral is required for easy access to your funds.
Flexible repayment terms from 3 to 24 months.
Unlock funds up to ₹5 lakhs effortlessly.
Features of Personal Loan in Surat
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 Surat 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 Surat 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 Surat
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
Neha Patel
I was in urgent need of cash for my sister's wedding, and RING came to my rescue! The application was so simple that I was pleasantly surprised. I got my loan approved in minutes, which allowed me to manage all the expenses without feeling stressed. I can't thank RING enough for the quick and supportive service! I would highly recommend it to anyone looking for a personal loan in Surat!
Rahul Desai
As a small business owner, cash flow can be a challenge. RING provided me with a personal loan in Surat that helped me manage my expenses effortlessly. The entire process was smooth, and I appreciated the transparency regarding the fees. It felt reassuring to know I was working with a trusted service. Now I can focus on growing my business without worrying about finances!
Sonia Sharma
I had a medical emergency, and I needed an urgent cash loan in Surat. RING made it incredibly easy for me! Their customer service was responsive, and the application process was fast. I felt supported throughout the journey, which made a tough situation much easier. Thanks to RING, I could cover my medical expenses without delays.
Karan Mehta
RING’s team was so helpful! They guided me through the entire process of getting a personal loan agent in Surat, answering all my questions along the way. I was able to secure my loan with a low-interest rate that suited my budget. I highly recommend RING for anyone looking for quick and reliable loan solutions.
Anjali Verma
I was sceptical about taking a loan at first, but RING's transparency and quick service changed my mind completely. I loved that they explained everything clearly without any jargon. The funds were disbursed quickly, and I appreciated how they were always available to assist. I feel confident recommending RING to my friends and family!
Vikram Joshi
RING helped me secure an urgent cash loan in Surat for my home renovation project. The whole experience was smooth, and I really liked the flexible repayment options. It was easy to find a plan that fit my budget, and I appreciated how the staff were empathetic and understanding of my situation. I will definitely use RING again in the future!
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 Surat with RING?
What are the eligibility criteria for a personal loan?
To qualify for a personal loan in Surat through RING, you must meet a few key requirements. Applicants should be at least 21 years old and hold Indian nationality. Additionally, you will need to provide a valid PAN card and Aadhaar for identification. These criteria are in place to ensure responsible lending practices and to help us assess your creditworthiness effectively.
How much can I borrow?
With RING, you can secure personal loans ranging from ₹5,000 to ₹5 lakhs, depending on your financial profile and repayment capacity. Our personal loan agents in Surat are dedicated to helping you determine the optimal loan amount for your needs. We take into account your income, credit history, and existing financial obligations to offer you a personalised loan solution that fits your budget comfortably.
Are there any hidden charges?
Transparency is at the core of RING’s values. We ensure that all fees associated with your personal loan are disclosed upfront. The processing fee, along with any applicable charges, will be clearly stated in your loan agreement, so there are no surprises later. We believe in maintaining an honest relationship with our customers, so you can trust that you’re fully informed every step of the way.
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