Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!

Being the world’s largest diamond manufacturing hub, Surat is often referred to as the “Diamond City of India”. Over the years, the city has swiftly progressed into being a fast-paced metropolis and boasts of a large number of financial institutions and nationalised commercial banks. If you are looking for simple and quick financing options in Surat, a Personal Loan could be the ideal choice for you. Whatever your financial requirements may be, a Personal Loan can help fulfil your needs conveniently.


Banks and NBFCs are capitalising on the rapid financial growth of Surat and expanding their businesses by giving out personal loans. What’s more, Personal Loans do not require any security or collateral, hence the approval process involves minimal documentation and the processing time is also less. Therefore, if you are in urgent need of funds, you can always apply for a personal loan at Bajaj Markets.

Top Personal Loan Providers in Surat

Many banks and NBFCs offer personal loans in Surat. Here is a list of all the lenders you can apply for a personal loan with at Bajaj Markets:


  • Bajaj Finance Limited

  • Fullerton India Credit Co. Ltd.

  • PaySense Partners - PayU Finance (India) Pvt. Ltd

  • Prefr - Powered by Hero Fincorp

  • Axis Bank

  • Muthoot Finance

  • SBFC Finance Pvt Ltd.

  • CASHe

  • EarlySalary

  • Yes Bank

  • KreditBee

  • InCred

  • mPokket

Features & Benefits of Personal Loans in Surat

There are numerous benefits of availing a personal loan to finance your lifestyle needs or when you are in urgent need of funds in case of an emergency. Given below are some of the features and benefits of availing a personal loan in Surat:


  • Minimal Documentation: These days, many banks and NBFCs are willing to grant personal loans with minimal documentation if you have a healthy credit profile and already have a good relationship with them.

  • Quick Disbursement: On successful approval of your loan application, most lenders would disburse the loan amount to your bank account within 24 hours.

  • Flexible Tenure: Most lenders allow you to repay your personal loan comfortably over a tenure of 12 to 60 months.

  • No Hidden Charges: There are no hidden charges involved if you apply for a personal loan at Bajaj Markets.

  • Swift Approval: All you need to do is fill in an online application form and upload the relevant documents. Your personal loan application will be approved instantly and the amount shall be disbursed within 24 hours of approval.

Interest Rate on Personal Loans in Surat

You can avail personal loans in Surat from Bajaj Markets at affordable interest rates. The following table lists down the interest rates levied by our lending partners along with the applicable processing fee:


Interest Rate

Processing Fee

Bajaj Finance Limited

13.99% p.a. onwards

Up to 3.99% of the loan amount

Fullerton India Credit Co. Ltd.

12% p.a. onwards

Between 0% - 6% of the loan amount

PaySense Partners - PayU Finance (India) Pvt. Ltd

1.33% - 2.17% per month

2% of the loan amount or ₹500 (whichever is higher)

Axis Bank

10.49% p.a. onwards

Up to 2% of the loan amount

Muthoot Finance

13.75% p.a. onwards

2% - 4% of the loan amount

SBFC Finance Pvt Ltd.

14.0% p.a. to 19.5% p.a.

2% of the loan amount


2.75% per month

  • Flat ₹500 for loan amount between 0 to 33333 and 1.50% on the loan amount when loan amount is greater than 33333 (if the loan tenor is 3 months).


  • Flat ₹1200 or 2% on the loan amount whichever is higher (if the loan tenor is 6 months, 9 months or 12 months).


  • Flat ₹1000 or 3% of the principal amount whichever is higher (if the loan tenor is 18 months).


2% per month

Starting from ₹399 + Rs.100 stamp duty

Yes Bank

Starting from 10.70%

Starting from flat ₹1499/- to 2.50% of loan amount


14% onwards



18% onwards

Processing fee: 2%-4% of the withdrawal amount


24% onwards

Processing fee: Rs. 50 to Rs. 200 + 18% GST depending on the loan amount with maximum APR of 48%

Disclaimer: Interest rates and processing fees are subject to change. Please check with the lender before applying.

Eligibility for a Personal Loan in Surat

While eligibility criteria are different for every lender, some of the general eligibility conditions that you will need to fulfil for most personal loans are as under:


  • You must be an Indian citizen.

  • You must have a regular source of income. You can either be a salaried employee or a self-employed individual.

Documents Required for Personal Loan in Surat

You will need to furnish the following documents while applying for a personal loan:


  • Identity Proof: Voter’s ID, Aadhaar card, PAN card, passport etc.

  • Address Proof: Aadhaar card, driving licence, Voter’s card, passport, utility bills, rent agreement, etc.

  • Proof of Income: Latest salary slips (usually last three months’ salary slips are required) or income return certificate or latest Form 16

How to Apply for Personal Loan in Surat

Applying for a personal loan in Surat via Bajaj Markets is an easy and hassle-free process. All you need to do is follow the steps mentioned below:


  • Step 1: Visit the Personal Loans page on the Bajaj Markets website.

  • Step 2: Click on “Apply Now”. A new page will open with a form in which you need to fill in a few details.

  • Step 3: Enter some basic details like your income, type of employment and contact number.

  • Step 4: Compare the loan offers from the various partner lenders and pick the one that suits you the best.