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Personal Loan in Hyderabad - Apply Online @10.89%

4.8 stars based on 11 reviews

How much would you like to borrow?

Choose an amount between ₹50,000 and ₹5,000,000.

Loan Amount

25K9L17L25L33L42L50L
Interest Rate

%

10.5%15.5%20.5%25.5%30.5%40%
Tenure

mo

12m22m32m42m52m60m
Personal Loan EMI Calculator
Loan EMI
23,537
Total Interest payable
64,888
Total Payment
(Principal + Interest)
5,64,888
Break-up of Total Payment
Interest Amount (₹64,888)
Loan Amount (₹5,00,000)
Bank/NBFCInterest RateMin. Loan AmountMax. Loan AmountMin. TenureMax. TenureProcessing Fees Part PaymentApply Now

15.5% - 21.5%

100000

2500000

12

60

Up to 2.50% + GST as applicable

Apply

11.25% - 22%

50000

2000000

12

60

Upto 2.25% + GST as applicable

Apply

15.75% - 24%

50000

1500000

12

60

1.50% to 2.00% + GST as applicable

Apply

10.99% - 24%

50000

1500000

12

60

Upto 2.5% + GST as applicable

Apply

17.99% - 18.99%

25000

3000000

6

60

2.00% - 3.00% + GST as applicable

Apply

12.99% - 24%

50000

2500000

12

60

Up to 3.99% + GST as applicable

Apply

10.5% - 19%

1000000

3000000

12

60

Upto 3% + GST as applicable

Apply

11.25% - 30%

50000

1500000

12

60

Up to 2.50% + GST as applicable

Apply

11.25% - 19%

75000

2500000

12

72

1.50% to 2.00% + GST as applicable

Apply

12% - 18%

100000

2500000

12

60

1.99% + GST as applicable

Apply
Rate of Interest is high ?
Rate of Interest is high ?

Try Applying for a higher Loan Amount as most bank reduce interest rates as loan amount increases

Not getting the desired Loan Amount?
Not getting the desired Loan Amount?

Try Adding the income of a co-applicant like a working spouse

Have multiple existing loans?
Have multiple existing loans?

Financebuddha can help you consolidate all your loans into one to increase your eligibility

Personal Loan in Hyderabad Details

Personal Loan in Hyderabad

There is no doubt that people in Hyderabad can get personal loan easily. There are many banks and large number of branches in this location which makes accessibility and approval easy. With many IT companies moving towards Hyderabad and close by locations, the demand for personal loan and other loans are increasing day by day. The below list will give you some idea about the various banks and its needs.

  1. ICICI Bank – This bank has nearly 59 plus branches in Hyderabad, also this is the second largest bank in Hyderabad that falls into the private sector category.
  2. HDFC Bank –This bank has nearly 75 branches in this city and it is the largest banks in India that processes loan real quickly.
  3. Axis Bank – This bank has about 44 branches in this city and is the third largest private sector bank in India.
  4. Kotak Mahindra Bank – With 24 branches even this is a large bank in Hyderabad. Once you start using their services and enjoy their benefits, you will definitely wish to have long term relationship with the bank.
  5. Citibank Though this bank has just one branch in Hyderabad, it is still very considered and opted by the people of the city.
  6. Bajaj Finserv – This is a largest NBFC in India with 1 branch in Hyderabad.
  7. Tata Capital - This well-known NBFC has only 2 branches in this city.

How Finance Buddha can help you get a Personal Loan in Hyderabad?

In case if you would like to compare the interest rates of various banks that offer personal loan in Hyderabad, Finance Buddha is the best.  This gives the direct comparison of the interest rates for personal loan with various banks of Hyderabad. Apart from the above mentioned common documents, there are the specific documents that should be submitted if the applicant is a salaried person.

Personal Loan Eligibility Criteria in Hyderabad

Now here is an easy way to check your eligibility for applying personal loans in Hyderabad.

  1. Age of the applicant should be between 21 - 60 Years.
  2. Salaried individual with minimum income of ₹30,000.
  3. Should be staying in the city for at least 1 Year.
  4. Total work experience should be at least 2 Years.

 

Personal Loan Interest Rates, Fees & Charges in Hyderabad

Interest rates and charges vary from bank to bank. Here is the list of interest rates and charges for different banks of Hyderabad: Pre-payment and foreclosure charges are applicable and will be charged only if the applicant wishes to undergo these processing to their outstanding loan amount.

Apart from interest rates, the other main factor to be considered before applying for a personal loan in processing fees, pre-payment charges and other similar charges.  This list has necessary information of the same for personal loan in Hyderabad.

Irrespective of which bank you are applying loan, these are the common types of charges and fees that every applicant will have to incur.

Personal Loan Hyderabad Interest Rates

Interest Rates

10.89% – 36.00%

Processing Fees

1% – 5.00%

Pre-payment Charges

Nil – 5.00%

Repayment Period

Up to 5 years

CIBIL Score

Min. 750

Lowest EMI

Rs. 2199.26 per lac

Personal Loan Offers from 19 Banks / NBFCs in Hyderabad (updated 17 Aug,2019)

Bank / NBFC

Institution Type

Minimum Loan Amount

Maximum Loan Amount

Minimum Tenure

Maximum Tenure

APR

Fees & Charges

Aditya Birla Finance Ltd

NBFC

 ₹25,000

 ₹50,00,000

12 months

60 months

16.85% - 17.85%

1% + GST as applicable

Arohan Financial Services Ltd.

NBFC

 ₹1,100

 ₹50,000

3 months

24 months

20.70% - 26.99%

1% + GST as applicable

Axis Bank

Bank

 ₹50,000

 ₹15,00,000

12 months

60 months

15.75% - 24.00%

1.50% to 2.00% + GST as applicable

Bajaj Finserv

NBFC

 ₹50,000

 ₹25,00,000

12 months

60 months

12.99% onwards

Up to 3.99% + GST as applicable

Capital First

NBFC

 ₹1,00,000

 ₹25,00,000

12 months

60 months

12.00% - 18.00%

1.99% + GST as applicable

Citibank

Bank

 ₹25,000

 ₹30,00,000

6 months

60 months

17.99% - 18.99%

2.00% - 3.00% + GST as applicable

Fullerton

NBFC

 ₹50,000

 ₹20,00,000

12 months

60 months

20% to 40%

Up to 6.5% + GST as applicable

HDB Financial Services Ltd.

Bank

 ₹1,00,000

 ₹20,00,000

12 months

60 months

12% - 36%

Up to 2% + GST as applicable

HDFC Bank

Bank

 ₹1,00,000

 ₹25,00,000

12 months

60 months

15.50% - 21.50%

Up to 2.50% + GST as applicable

ICICI Bank

Bank

 ₹50,000

 ₹20,00,000

12 months

60 months

11.25% to 22.00%

Up to 2.25% + GST as applicable

IDFC

Bank

 ₹50,000

 ₹20,00,000

3 months

60 months

12%-19%

2% + GST as applicable

Incred

NBFC

 ₹50,000

 ₹7,50,000

12 months

60 months

12%- 24%

Up to 3% + GST as applicable

India Infoline

NBFC

 ₹1,00,000

 ₹25,00,000

12 months

60 months

13% onward

Up to 2% + GST as applicable

Indiabulls

NBFC

 ₹1,000

 ₹15,00,000

3 months

24 months

11.99% - 26%

Up to 5% + GST as applicable

IndusInd Bank

Bank

 ₹50,000

 ₹15,00,000

12 months

60 months

11.25% - 30.00%

Up to 2.50% + GST as applicable

Kotak Mahindra Bank

Bank

 ₹50,000

 ₹15,00,000

12 months

60 months

10.99% to 24%

Up to 2.5% + GST as applicable

RBL Bank Ltd.

Bank

 ₹1,00,000

 ₹20,00,000

12 months

60 months

15.5% - 23%

3% + GST as applicable

Standard Chartered Bank

Bank

 ₹1,00,000

 ₹30,00,000

12 months

60 months

10.89% - 19.00%

Up to 3% + GST as applicable

Tata Capital

NBFC

 ₹75,000

 ₹25,00,000

12 months

72 months

11.25% - 19%

1.50% to 2.00% + GST as applicable

Personal Loan Documents Required in Hyderabad

Documentations play a very important role in the personal loan approval. Unless all necessary documents are submitted with accurate information the loan will not be approved.

  1. Three passport size photographs
  2. ID proof – Passport/voter ID/ Aadhar or drivers licence
  3. Residence Proof – Passport/ Landline bill/ postpaid mobile bill/ rental agreement or Bank Statement
  4. Pan Card copy
  5. Age Proof – Passport/ driver’s license/school certificate or Pan Card copy
  6. Income Proof - Latest 3 months’ salary slips
  7. Banking Statement - 6 months bank statements
  8. Job Stability & Continuity – Offer Letter, Relieving Letter and Form 16

 

Personal Loan in Hyderabad ReviewsView All

Mohamed

5 / 5

Overall it was a good experience. the process ended very fast. I applied for it in the afternoon and I got msg regarding my loan approval and the next day it was disbursed also.
Champak Gawade

5 / 5

My personal loan was disbursed within 24 hours and it was a completely online process. But the rate of interest charged was a bit more as compared to the other loans. Not totally satisfied.
Mallikarjun Rathod

5 / 5

The customer service is very good and the processing was fast. I got the loan approved and disbursed within 48 hours.
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