Surat, originally a port town, was frequented by Portuguese, Dutch, and the British. It used to trade materials like silk, silver, and gold. Today, Surat has evolved from a fishing port town to an advanced smart city. The key sources of income of the city are its textiles, silk, information technology, diamond processing industry, and trade. The most important festivals in Surat are Makar Sankranti, Navratri, Ganesh Chaturthi, Uttarayan, and Diwali. The favourite foods of Surtis are locho, ghari, Surat khaman, and undhiyu. The city has an almost negligible unemployment rate, and more people from other states join the workforce due to the opportunities. The city houses cemeteries of the British, Dutch, and Armenians. The main attractions in Surat are Mughalsarai, Surat Castle, Sardar Patel Museum, Dumas Beach, ISKCON Surat, Dutch Garden, Ambika Niketan Temple, Science Center, Snow Park, and Sarthana Nature Park and Zoo. People mostly rely on instant loans in Surat for getting urgent funds.



Today’s max loan value/gm (<time>) 

We offer the highest per gram rate on our gold loans.



An instant loan can be of two types - 

Secured instant loans- If you apply for a secured loan, i.e. an instant loan against collateral, you can get a higher loan amount. The eligibility criteria are also relaxed. Usually, it does not matter whether you can show income proof or not. You may also apply for a loan with only two documents - PAN Card and Aadhaar Card. 

Unsecured instant loans- If you apply for an unsecured instant loan, the lender would approve the loan based on your income and expenditure ratio, credit score, and the stability of income. To avail an unsecured loan, you have to satisfy the minimum monthly income criteria set by the lender and is usually above INR 21,000 per month. Moreover, you have to submit documents like PAN Card, Aadhaar Card, income proof, age proof, income tax file, bank account statement, and quite often, a guarantor.

 Hence, if you want a no-frills loan, it is prudent to apply for a secured instant cash loan online.



## Eligibility to apply for an instant loan and documents required

The flexibility in the end-use of an instant loan makes it one of the most popular loans in India. Denizens often avail instant loans in Surat for various reasons. The first reason why people avail an instant loan is to address sudden financial emergencies. Sometimes, in case of hospitalisation, the bill amount may exceed the available cash. An instant loan provides urgent money, which one can use on anything related to health. Another reason why people apply for an instant loan is to set up a business. In some cases, using the instant loan amount for business may also enable you to apply for tax rebates. Many borrowers also avail an instant loan to sponsor a vacation or a tour. The fourth reason why people apply for an instant cash loan is to spend it on sponsoring a big event like a marriage.

## Reasons to take an instant loan

The application process of a gold loan with [Rupeek](https://rupeek.com/?utm_source=SB) is extremely simple and straightforward. To apply for a gold loan online, the borrower needs to download the Rupeek app from Google PlayStore and place a loan request from within the app. Alternatively, you may the customer care number and place the loan request. After you apply for the loan, a customer service representative would call you, confirm your details, and schedule an appointment. The appointment time is usually thirty minutes from the time of the loan request. After this, a gold appraiser would meet you, verify the KYC documents and the gold, and approve the loan. To avail a secured gold loan, you need to furnish basic [KYC documents](https://rupeek.com/blog/a-handy-guide-to-the-documents-required-for-gold-loans/?utm_source=SB) like PAN Card, Aadhaar Card, and the likes. Generally, the complete process of loan application to loan approval takes roughly 60 minutes.

## How to apply for an online gold loan with Rupeek?


Medical emergencies have a 100% track record of cropping up unannounced. One can never be too prepared to handle such situations. Though the individual may be insured, most hospitals expect the payment to be made upfront whereas insurance companies take a considerable amount of time to turnaround. In such situations, instant loans prove to be handy as they barely take an hour to be approved. Not all lenders demand end-end documentation. Some even approve loans with just an Aadar card. Availing an instant cash loan only requires a couple of steps. All you need to do is download the lender's app, submit your personal details, and apply for the instant loan. Your eligibility amount and [interest rate](https://rupeek.com/interest-payment) will both depend on your credit score and your EMIs will commence exactly a month since the date of loan approval.


## What type of loan can be taken for a medical emergency?



True to its name, Instant Cash Loans are loans that can be availed within a matter of hours. It does not require any security pledge owing to which almost the entire process happens online, right from Application to Disbursal. Within an hour of applying for an Instant Cash Loan, the lender will send a representative to your house or workplace to [verify your documents](https://rupeek.com/blog/a-handy-guide-to-the-documents-required-for-gold-loans/) following which the amount is disbursed instantly. It is important to note that as Instant Cash Loans are collateral-free, the loan amounts are lesser and the interest rates are higher as compared to secured loans. If you are looking to avail a Low Interest, High Value, [Collateral Based Loan](https://rupeek.com/blog/instant-online-gold-loan-at-your-doorstep/) please proceed to the lender's website to place your request as you can save up to 65% on EMI by opting for Collateral based loan over an Instant Cash Loan.

## What is an instant cash loan?

Placing a gold loan application with Rupeek is a very simple process. The procedure is very smooth and hassle-free. The borrower is required to submit a few [documents](https://rupeek.com/blog/a-handy-guide-to-the-documents-required-for-gold-loans/?utm_source=SB) to the lender before the loan approval. The borrower has to download the Rupeek app, or visit the lender’s portal to apply for an instant loan. The borrower can also apply for a loan by ringing up the customer service. Within thirty minutes of the loan application, an official from the company will arrive at your doorstep to check the authenticity of your gold as well as to appraise your documents. The documents the borrower is required to have are the identity proof and the address proof. These documents, also called the KYC documents, can include your PAN Card, Aadhaar Card, Driving License, Passport, Voter’s Id, etc. The other documents, such as a salary slip, or your income statement and your credit score, that would be required in the case of an unsecured instant loan are not required when you apply for a secured instant loan.



## What are the documents required for a gold loan with Rupeek?


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