Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Hyderabad. They are unsecured loans given from Rs. 50,000 to Rs. 40,00,000 which means that you need not mortgage anything or show an asset. Some reasons for availing a Personal Loan in Hyderabad include medical needs, travel, home renovation, wedding, good purchases and so on. Other reasons for which a loan can be availed is to get a top-up loan, balance transfer or debt consolidation.
If you need a Personal Loan in Hyderabad, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Hyderabad. Other factors like years of employment, company you work for etc will determine the most important factors like amount, tenure and rate of interest. Some of the banks in Hyderabad give you the flexibility to pre-close the loan without any additional charges. Most banks have a pre-closure charge in the 4%-5% range.
Hyderabad is known as the city of pearls and is the capital of the state of Telangana as well as the provisional capital of the state of Andhra Pradesh. The city is a major centre for the Infotech and Pharma industries while also being a centre for gems and jewellery. The city’s administrative infrastructure consists of 18 circles and 150 municipal wards with the presence of all known banks and financial institutions.
All the major banks and NBFCs in the country have a network in Hyderabad through their many branches. They offer personal loans in Hyderabad along with a lot of other services relating to banking, investment, wealth management and advisory services. The banks have branches across the city which operate and cater to the needs of people at various locations in the city. All banks offer doorstep service for document collection for loan applications. The important banks/NBFCs and their network in Hyderabad includes:
ICICI Bank - is the second largest private sector bank in India which has approximately about 59 full and part service branches in the city of Hyderabad
HDFC Bank - is the largest private sector bank in the country and operates in Hyderabad from approximately about 75 branches
Axis Bank - is the third largest bank in the country in the private sector and operates about 44 branches in the city of Hyderabad
Kotak Bank - is a large bank in the private sector which works in about 21 branches in the city
Citibank - is operating out of about 1 branch in the city of Hyderabad
Bajaj Finserv - is one of the largest NBFCs in India with 1 branch in Hyderabad city
Tata Capital - is again a well-known NBFC with about 2 branches in Hyderabad
Fullerton - services the entire city of Hyderabad through their 3 branches
Apply for personal loan online in Hyderabad through us and get access to various deals and offers from different banks and NBFCs when they are available. If you want to know how to get a personal loan in Hyderabad then call us on our number or fill in your details on our simple form. We will log your request and compare you details against the eligibility criteria of different banks and NBFCs to get you the best deal for personal loan in Hyderabad. You can also get Instant personal loan online approval in Hyderabad if your details match the ideal specifications of a bank/NBFC. With more and more personal loan agents in Hyderabad, it can be rather confusing to find out which deal matches your exact requirement. We help you do this through our interactive service which helps you compare and get the lowest interest rates for personal loan in Hyderabad. The entire service is delivered at your comfort with documents collected from your home, office or suitable location. Gain more information on our site of topics like EMI, eligibility, interest rates, credit score and other areas. Check your eligibility through our various calculators and get the best deal for personal loan in Hyderabad. We do not charge you for our services and you will be advised every step of the way from application to disbursal for free.
If you are looking to find out which bank is best for personal loan in Hyderabad then click on the apply online link and feed in your eligibility. Based on the factors we will present the banks which provide the best deal for your requirement. There are no set criteria for which bank is best for personal loan in Hyderabad as the basis of getting a low interest rate depends entirely on your eligibility. The banks will look at your CIBIL Score, employment, salary and other factors before advancing you a loan. In cases where you do not have a credit score and need a personal loan in Hyderabad without CIBIL check, you can approach private and individual lenders through this platform. We provide a platform that aggregated various types and categories of lenders to suit each requirement.
Eligibility Criteria for Personal Loan in Hyderabad
Age of the applicant should be between 21-60 Years
Salaried individual with minimum income of Rs 15,000. Salary bracket would depend on the city you live in and the company you work for. Eg. If you are in a Metro, the salary requirement will be higher than non-metro and if you are working in a top MNC, the salary requirement would be lesser than one working with a new company.
Should be staying in the city for at least 1 Year
Total work experience should be at least 2 Years
Basic documentation such as KYC, latest bank statements etc are required
Be informed of the different ways your Personal Loan Rate of Interest in Hyderabad is calculated so that you take the right decision when it comes to choosing your loan at the lowest interest rates. Apply below to get started and to know the offers that are available on your Personal Loan in Oct 2018
Find out your customized interest rate for a Personal Loan in Hyderabad?
KRISHMA RESIDENCY MANDINAGUDA,NEAR ST.ANNS SCHOOL SERILLING APALLY MUNICIPALILY
STATE BANK OF INDIA
NAMPALLY BRANCH, HYDERABAD BRANCH
5856 BY 57,STATION ROAD,NAMPALLI,PBNO20,HYDERABAD 500001
STATE BANK OF INDIA
SRIPURAM BRANCH HYDERBAD BRANCH
HNO 16111LA,SALEEMNAGAR,MALAKPET,HYDERABAD 500036
STATE BANK OF INDIA
TEMPLE BRANCH, KUKATPALLY BRANCH
NEAR TEMPLE BUS STAND,KUKAT PALLY HOUSING BOARD COLONY,HYDERABAD
How we work?
We have greatly simplified your Personal Loan search in Hyderabad and will help you get it in four simple steps,
Start your Personal loan search by using our simple natural language form. Trust us, it takes only 37 seconds to complete!
Your information is then passed through our proprietary eligibility algorithm to tell you the different banks and NBFCs in Hyderabad with their best offers.
After you choose a particular option that seems best to you, we call, advice and assign the request to the chosen bank(s).
The bank/partner in Hyderabad will then collect all your documents and start processing your loan. We will notify you when your documents are approved and when your personal loan is ready to be sanctioned.
Cashkumar Hyderabad Personal Loan Reviews
Personal Loan in Hyderabad by Cashkumar is rated 4.1 / 5.0
by 16 users
Your reviews motivate us and help us make our service even better
Got a great offer from kotak bank for taking over my loans and card balance. the interst rate was 11.29%. why i preferred cashkumar was that they immediately called me and gave different options. they also co-ordinated everything with the bank. will recommend to my friends.
I have got my personal loan with a great offer through this site. They informed me about part payment option which is what i exactly wanted. If not I might have gone for a loan with a bank where even if the rate of interest was lower, i would not have been able to part pay. Thank you for sharing this information and getting me a perfect loan
This is great service. The people are nice and they have helped with loan . Always they are telling me what happen with bank. I got 1 lakh from fullrton
I had to search a bit to find your site but it was good I searched. Because I have interacted with a coupld of call centres and their response was not good. I also checked a couple of other sites but overall your site was friendly and easy to understand.
One of my friend told me about this site and I recommended it to my uncle who was looking for a business loan. He is very happy he got the loan and I will apply for a travel loan soon.
Very good service for people like us. I applied for a marriage loan for my daughter and even though there was some confusion at first, the girl who spoke with me cleared everything and showed me the full process of getting a good loan.
All websites are giving good service for loans but there is no home loans here
Sorry Mr. Reddy, we could not help now but we shall bring in home loans soon.
We were taking a travel loan to go aborad with the kids and it was really nice to have website like this to apply.
I have just used this the website and I think this is an excellent service. I got a medical loan without any fuss for the treatment of my dad. The interest rate is low but the response time was amazing. Since I wanted a medical loan they hurried the entire process from their side and saw to it that I got it in the least possible time.
I was a bit disappointed with the service because a lot of people have written good things about the site. The approval took some time and I was also not happy with the agent who came to collect my documents. He did not have a lot of answers to my questions.
We are sorry about the experience Christie. The bank has to approve your application based on your eligibility and trust us that we always keenly follow up for every application. Sometimes there will be delays and it is out of our control. About the agent, we recommend that you always call us for additional information because the collection executives are not experts in this area.
I have used the services of cashkumar and it was good service because they have a emicalculator and it helped me to know what kind of payments I have to make before taking the loan.
I was surprised because I was about to take a loan from one bank which has my account but I got better rate of interest from another after applying through this site.
I have got a medical loan and there is much information on the site about all these loans. There is an article which a friend sent to me on cashkumar blogs which actually helped me choose this site.
I got a loan from ICICI bank very quickly. Staff is very helpful and assisted me a lot in the process.
Yes this is a nice way to get a loan. They are helping with documentation process also and the site has a lot of information on how to choose a loan and technical things like CIBIL scores and how they affect my eligibility.
easy to use and helpful with tons of information. Good service guys
Personal Loan in Hyderabad by Cashkumar has been rated
by 16 users
Are you ready to find the lowest interest rates available for your Personal Loan in Hyderabad?
Here are some stories of our customers with insights to help you make better financial decisions,
How we processed a personal loan quickly to help in an emergency?
There is a reason someone thinks about and takes a personal loan. In some cases it might be for a reason which is not urgent like an impending travel, marriage or home renovation. But at other times it can for a medical emergency which requires funds at once or in a short time. These are pretty difficult cases as one cannot always be sure how long a bank can take to process a loan request.
A similar situation as faced by a recent customer who placed a request on our platform. Anu is from Hyderabad and was recently faced with a medical emergency where she has to arrange Rs. 10 lakhs in just a few days. Approaching some banks she was told that the disbursal will take many more days. She finally checked online, found us and applied. A call as usual, was made to contact Anu within 15 minutes of placing a request. We found out about her situation, which was escalated to the manager who personally spoke with her and handled the request henceforth.
Our manager told Anu that while we could not give any assurance, we would give it our best shot and get back to her within an hour. The manager then immediately got in touch with the sales manager in Hyderabad of our very good partners Kotak Mahindra bank. We explained the situation to the manager, shared details about Anu’s profile and requested him to check internally on how soon the case could be disbursed.
The manager then checked with the team internally and let us know that they could ensure the Kotak bank personal loan is disbursed within 4 days. We conveyed the same to Anu who agreed to go along. We then got the manager to directly contact Anu and undertake the processes for the quick disbursal. Thankfully everything went according to plan and the case was disbursed. The understanding and quick thinking of the team at Cashkumar ensured that a customer in need was helped on time and to her satisfaction.