Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Easy Personal Loan

Surat, the diamond polishing city of India is also famous for its textiles, food etc. It is also one of the first IT smart cities of India that has tied up with several companies including Wipro and Tata Consultancy Services under the Microsoft City Next Initiative.

SMFG India Credit has a very prominent presence in Surat helping residents of this city to avail of personal and business finance at competitive rates of interest. We offer customized personal loans that can be used to finance education, travel, wedding related expenses, medical emergencies and much more.

A personal loan is an unsecured loan that is offered to salaried and self-employed professionals for a short duration of time.

Documents & Eligibility for Personal Loan in Surat

The different factors that affect your eligibility applying for a personal loan include:

Age Limit

To apply for a personal loan with SMFG India Credit, you need to be at least 21 years of age at the time of loan application and a maximum of 65 years of age at the time of loan maturity.  You should possess a minimum of 1 year of work experience and 6 months of experience in the current organization.

Credit History

Your credit history plays an important role in determining the loan amount, eligibility and payment tenure. You can calculate the approximate loan amount you are eligible for with the help of our free online personal loan eligibility calculator.

Minimum Salary

The minimum income to be able to apply for a personal loan is Rs. 25,000 for residents of Mumbai and Delhi and Rs. 20,000 for residents of all other cities.


The CIBIL score is a reflection of your credit history. A score of above 750 can help you obtain a personal loan in Surat at a very competitive rate of interest.

Minimal documentation is required to apply for a personal loan. The list varies slightly for self-employed and salaried professionals. The documents required by SMFG India Credit include:

  • Valid ID and Address proof such as  Aadhar card, voters ID and driving license
  • Income statements and audited financials case of self-employed professionals, previous 2-3 months’ salary slips in the case of salaried professionals
  • Last 6 months bank statements
  • A copy of your Income tax returns or Form 16.

Interest Rates

SMFG India Credit offers personal loans at attractive rates based on your credit history, requirement and other factors. A processing charge of 3% is also applicable in addition to the interest charges. If you would like to prepay the loan amount before maturity, foreclosure charges between 0-7 percent may also be applicable.

Interest Rate

11.99% to 36.00%*

Processing Fee

Up to 3% the loan amount

Foreclosure Charges

0% to 7%

Loan Tenure

Up to 5 years

Lowest EMI (per lakh)

Rs. 2275*

For more details, please visit our personal loan interest rates page.

(These figures are subject to change without prior notice).

How to Apply for Personal Loan in Surat?

The process of applying for a personal loan online is smooth and hassle-free. The steps involved in applying for a personal loan are:

  • Log in to the website and fill in the required details
  • Enter the loan amount and the repayment tenure required
  • Submit the documents required
  • The approved amount will be credited to your account in 24 hours

Familiarizing yourself with the process will help in further simplifying your experience right from application to the payment of the last instalment.

Contact Us


Second Floor, Shanti Point, Parag House, Above Kotak Mahindra Bank, Ring Road, Udhna Darwaja, Surat -395002, Gujarat

Note: Call on (Toll free number) 1800 103 6001 for more information.Timings: 9:00 AM to 7:00 PM (except Sundays and public holidays).

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