Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Surat. They are unsecured loans given from Rs. 50,000 to Rs. 40,00,000 which means that you need not mortgage anything or show an asset. Some reasons for availing a Personal Loan in Surat include medical needs, travel, home renovation, wedding, good purchases and so on. Other reasons for which a loan can be availed is to get a top-up loan, balance transfer or debt consolidation.
If you need a Personal Loan in Surat, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Surat. Other factors like years of employment, company you work for etc will determine the most important factors like amount, tenure and rate of interest. Some of the banks in Surat give you the flexibility to pre-close the loan without any additional charges. Most banks have a pre-closure charge in the 4%-5% range.
Surat also known as the Diamond city and Diamond hub of India is situated in the state of Gujarat, India. It is located to the south part of Tapti River and used to be the port for several ships of East India Company since 1608. It was home to several Dutch and Portuguese monuments which were destroyed in a fire and a flood in 1837.
Surat was ranked 8th in India with a GDP of $40 billion in fiscal year 2011–2012 ($14 billion in 2010). Surat’s GDP in 2020 will be around $57 billion as estimated by The City Mayors Foundation, an international think tank on urban affairs. The per capita GDP was $8,000 in 2010. Surat is known for diamonds, textiles and for the manufacture of diamond-studded gold jewellery. Surat registered a GDP of 11.5% for the seven fiscal years from 2001–2008, the fastest growing GDP in India. The city accounts for 90% of the world’s total rough diamond cutting and polishing trade; 99.99% of the nation’s total rough diamond cutting and polishing trade as well as 90% of the nation’s total diamond exports.
Surat has good infrastructure with facilities such as computerised water distribution system and a computerised drainage system along with a sewage treatment plant to transform waste into energy. It has one of the best water treatment plants in India and every part of Surat has underground drainage and street lights.
Multiple banks and NBFCs have branches across the vast city of Surat in general. Most provide full service operations in the city with may branches catering to customers with a requirement of personal loans and business loans. Apart from this they also provide the whole bouquet of services including core banking, commercial lending, asset management, investments etc.
We do not take a fee or commission from your amount when you apply for personal loan online in Surat through us. We ensure that you get the best deal for personal loan in Surat by comparing your details against the eligibility criteria of various banks and NBFCs. Check out our different sections on EMI calculator, CIBIL calculator, Eligibility calculator to find out more about how will be able to get the lowest interest rates for personal loan in Surat. We help process requirements in every area across the city of Surat. You can get instant personal loan online approval in Surat provided you meet the right criteria for a bank or NBFC. Every step will completed as per you convenience with documents collected from your doorstep. Personal loan agents in Surat will help you apply with a limited set of banks and might not be able to get you’re the best deal for personal loan. So apply for personal loan online through our site and we will check your ability to get the lowest interest rate for personal loan in Surat.
Eligibility Criteria for Personal Loan in Surat
Age of the applicant should be between 21-60 Years
Salaried individual with minimum income of Rs 15,000. Salary bracket would depend on the city you live in and the company you work for. Eg. If you are in a Metro, the salary requirement will be higher than non-metro and if you are working in a top MNC, the salary requirement would be lesser than one working with a new company.
Should be staying in the city for at least 1 Year
Total work experience should be at least 2 Years
Basic documentation such as KYC, latest bank statements etc are required
Be informed of the different ways your Personal Loan Rate of Interest in Surat is calculated so that you take the right decision when it comes to choosing your loan at the lowest interest rates. Apply below to get started and to know the offers that are available on your Personal Loan in Dec 2018
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I did the whole documentation for a personal loan in Surat very quick with the bank but the money took 10 days to hit my account. I had to submit papers twice. I am still very happy as I got a very good interest rate
Nice and easy to use website. The interest rates are also very good. Please add car loan also.
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