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Personal Loan in Surat

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Loan up to ^₹5 Lakh
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Minimum Salary Required ^₹15K
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Instant Approval
Personal Loan EMI Calculator

Monthly EMI

₹ 0

Interest Payable

₹ 0

Get Personal Loan in Surat with Quick Approval

Known by different names such as 'the Diamond City', 'the Silk City' and even 'the Green city', Surat is one the most dynamic cities in Gujarat. The city offers exciting opportunities for both business and employment and hence personal loans in Surat can provide useful financial assistance in coping with the expenses of living in such a competitive environment. Hero FinCorp is one of the ace personal loan providers in Surat, helping thousands of individuals through their affordable personal loan plans.

 

We Offer a Wide Range of Personal Loans!

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Personal Loan for Doctors

Medical experts can cover their personal or professional expenses with a dedicated Personal Loan for doctors.

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Personal Loan for Travel

Make all your travel dreams come true with a Personal Loan of up to Rs 5 Lakh.

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Personal Loan for Wedding

Pay various wedding-related costs, including venue, catering, photography, outfits, etc., with a Personal Loan for weddings.

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Personal Loan for Home Renovation

Pay various wedding-related costs, including venue, catering, photography, outfits, etc., with a Personal Loan for weddings.

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Personal Loan for Self-Employed

Self-employed professionals like freelance artists, chartered accountants, consultants, etc., can seek Personal Loan finance in Surat at attractive interest rates.

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Personal Loan for Women

Are you a woman looking for an urgent cash loan in Surat? Apply for one with Hero FinCorp and get the required funding instantly.

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Personal Loan for Government Employees

Those employed in the government sector can quickly obtain an instant cash loan in Surat to cover various planned and unplanned expenses

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Personal Loan for Education

Planning to head abroad for higher education? Cover all related costs with a Personal Loan for Education from Hero FinCorp.

Features And Benefits of Hero FinCorp Personal Loan Surat

A personal loan finance company in Surat should offer the best features and advantages and Hero FinCorp just fits the bill. Hero FinCorp personal loan offering includes

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Significant loan Amount:

Hero FinCorp, a personal loan provider in Surat, offers personal loans in the range of Rs 50,000 to Rs 5,00,000 for suitable applicants who meet the eligibility criteria and the minimum monthly income.

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Nominal interest Rate:

Hero FinCorp makes a sincere effort to offer personal loans in Surat at a nominal interest rate that is within budget and EMIs that is within a comfortable reach for both salaried and self-employed customers.

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Zero collateral Approval:

The availing of personal loan Surat through Hero FinCorp comes with no baggage as it requires no collateral whatsoever, thereby reducing the processing time and aiding faster loan approval.

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Flexible Repayment Options:

A repayment period ranging from 6 months to 36 months at Hero FinCorp, a personal loan provider in Surat, provides great flexibility for the customers who can plan their EMIs according to their discretion without feeling any undue pressure.

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Instant approval with minimal documentation:

Hero FinCorp’s personal loans in Surat are collateral-free. The procedure is very simple and with minimal documentation. An applicant can get instant loan approval after passing the eligibility clauses and document verification.

Eligibility Criteria for Instant Personal Loan in Surat

Personal loans in Surat can be availed of through Hero FinCorp if an applicant meets the following eligibility criteria.

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Age

An Indian resident who is between 21 years and 58 years.

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Citizenship

To be eligible for an instant Personal Loan in Surat, candidates must be Indian citizens.

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Work Experience

An applicant must have a minimum experience of 6 months if they are salaried, and if self-employed the business should be in existence for at least 2 years.

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Monthly Salary

Your net monthly take-home income should be at least Rs 15,000 to obtain a Personal Loan from Hero FinCorp.

Documents Required to Apply for a Personal Loan in Surat

You must provide a few necessary documents with your application to fulfil our loan eligibility criteria. These include your identity, address, and income proofs. However, there are variations between documentation requirements for salaried and self-employed applicants. Here are the details.

Documents Required For Salaried Employee

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

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Job Continuity Proof

Appointment Letter From the Current Employer

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Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

Documents Required For Self Employed

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Income

Last Six Months Bank Statement, ITR for the Last Two Consecutive Years

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

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Proof of Business Existence

Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate

Interest Rates on Personal Loans in Surat

At Hero FinCorp, you can find the most competitive Personal Loan interest rate in Surat. However, be prepared to pay a few other charges to handle your loan plan efficiently. Here is an overview of the additional costs involved.

 

Interest Rate

Starting from 1.75% per month or 21% per annum

Processing Fee

2.5% to 3.5%
 

Part-payment charges

NA

Foreclosure Charges

5% + GST
 

Bounce Charges

350/-
 

How To Apply For a Personal Loan in Surat?

To apply for a Personal Loan in Surat from Hero FinCorp, follow these steps:

  • 01

    Hero FinCorp provides two options to apply for a personal loan in Surat. The first option is online which is more convenient as there are no time restrictions and the second option is to apply by visiting the nearest branch.

  • 02

    Fill a hassle-free personal loan application form by entering some basic details and the purpose of the loan.

  • 03

    Attach the copies of necessary KYC documents such as address proof, identity proof, PAN Card, and proof of income along with a passport size photograph. This can be done either online or offline at the nearest branch.

  • 04

    Once the personal loan application is processed along with the document verification, a loan agreement is signed after accepting the terms of Hero FinCorp.

  • 05

    After all the above steps are completed, the personal loan amount will be disbursed into your bank account shortly.

Frequently Asked Questions (FAQs)

The maximum age for availing of a personal loan in Surat is 58 years.
The personal loan repayment period at Hero FinCorp varies from 6 months to a maximum of 36 months.
Hero FinCorp offers instant Personal Loans of up to Rs 5 Lakh to help you cover various planned and unplanned expenses.
You can opt for Personal Loan finance in Surat whenever you need. It can cover the overheads of a wedding, vacation, higher education, debt consolidation, medical emergency, or home renovation.