Instant personal loan in Surat
Surat, a major commercial hub in South Gujarat, is renowned for its thriving textile and diamond industries. Nestled at the mouth of the Tapti River, it is among the largest urban centres in western India, housing top engineering firms like Reliance Industries and Larsen & Toubro.
Bajaj Finserv offers personal loans in Surat with attractive interest rates and transparent terms. Whether you need funds for emergencies or planned expenses, these unsecured loans come with flexible repayment options and minimal charges. Visit a nearby branch for expert assistance or apply online for a hassle-free experience. Manage your loan easily via the My Account portal or the mobile app for seamless payments and real-time updates
Features and benefits of personal loan in Surat
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24x7 account management
It’s easy to track all loan details, including EMI dates, outstanding balance, tenor, etc., through our customer portal - My Account.
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Additional perks
Seek a personal loan for a marriage and various other purposes. Avail of a personal loan in Ahmedabad for similar benefits.
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High-value financing
Qualified borrowers can apply for funds of up to Rs. 55 lakh and meet their multiple needs effortlessly.
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Receive approval on your loan information immediately after submitting the online application form.
Immediate approval
*Conditions apply
Eligibility criteria for personal loan in Surat
Meeting the eligibility criteria is essential for a smooth personal loan approval process. Use our personal loan eligibility calculator to check your eligibility instantly. Ensure you have KYC documents, bank statements, salary slips, an employee ID card, and a passport-sized photograph for hassle-free processing.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/ public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*
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Income
Minimum salary requirement is Rs. 28,000 per month. Refer to our eligibility page for other details
Documents required to get personal loan in Surat
To avail of a personal loan in Surat, applicants must submit essential documents to ensure hassle-free approval. Knowing the personal loan document requirements in advance helps streamline the process. Here’s what you’ll need:
- KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
- Real-time image / photograph
- Ration card
*You should be 80 years* or younger, at the end of the loan tenure.
Current interest rates on personal loans
Understanding the personal loan rate of interest in Surat helps borrowers make well-informed financial decisions. Interest rates vary based on factors like credit score, income, and loan tenure. Bajaj Finserv offers competitive rates to ensure affordable borrowing. Check the latest interest rates and charges below:
Loan Details |
Rates & Charges |
Interest rate |
Starting from 10% p.a. |
Processing fee |
Up to 3.93% of the loan amount |
Tenure |
12 months to 96 months |
Late payment fee |
As per lender's policy |
Compare rates carefully to choose the best loan offer that suits your needs.
Uses of Personal Loans in Surat
A personal loan provides financial support for various purposes:
- Travel expenses: Avail of a personal loan for travel to cover flights, accommodation, and other trip costs.
- Wedding costs: Manage venue bookings, catering, and more with a personal loan for wedding.
- Education funding: Support tuition fees or study abroad with a personal loan for higher education.
- Medical emergencies: Get urgent financial aid through a personal loan for medical emergency.
- Home renovation: Upgrade or refurbish your home using a personal loan for home expenses.
With quick approvals, minimal paperwork, and flexible repayment options, personal loans ensure financial convenience for planned and unexpected expenses.
How to apply for a personal loan in Surat
To apply for a personal loan in Surat, follow these simple steps for a hassle-free process:
- Click on ‘APPLY’ at the top of this page to open our online personal loan application form.
- Enter your 10-digit mobile number and the OTP sent to your phone.
- Fill in the application form with your basic loan details, such as your full name, PAN, date of birth, and PIN code.
- Now, click on ‘PROCEED’ to visit the loan selection page.
- Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
- Choose the repayment tenure – you can select tenure options of 12 months to 96 months and click on ‘PROCEED’.
- Complete your KYC and submit your application.
Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents
FAQs
Salaried and self-employed individuals who meet the lender’s eligibility criteria can apply for a personal loan in Surat.
You need certain documents to apply for a personal loan in Surat. Kindly check personal loan eligibility and documents for more details.
The maximum age limit is usually 80 years* for salaried individuals and self-employed applicants, depending on the lender.
You can visit the nearest Bajaj Finserv branch in Surat or apply online for a hassle-free loan experience without an agent.
Eligible applicants can borrow up to Rs. 55 lakh, depending on their income, credit score, and lender’s policies.
Use the Personal Loan EMI Calculator to check your monthly instalments based on the loan amount, tenure, and interest rate.
