Short Term Loan in 
Hyderabad

Easy Short Term Loan Interest Rate offers in Hyderabad from 1.5% flat per month onwards for the month of Dec 2016

Apply for Short Term Loan
in Hyderabad
Cashkumar Hyderabad

CASHKUMAR
HYDERABAD

Best Short Term Loan Providers in Hyderabad

Short Term Loans and Short Term Finance is available in Hyderabad through the peer to peer lending method with Cashkumar as the platform. The loans are available with amounts ranging from Rs. 10,000 to Rs. 2,00,000 with tenure of 1 month to 12 months. P2P lending is a method of crowdfunding where people with spare funds can lend to borrowers in need of money in Hyderabad. This process ensures loan seekers can get quick loans with smaller amounts and the facility of foreclosure at no extra charge. It also helps investors lend money and recover it in quick time making the investments less risky.

Hyderabad has been an early starter in the IT revolution with top companies opening their offices in the city. Being the joint capital of Telangana and Andhra Pradesh, it is also the seat of government with many people employed with the state. There are also other businesses which employ people making the city a true metropolitan city in south India with a large number of people from various parts of India making the city their home. Such salaried employees have many needs for short term finance in situations like rent/lease deposits, credit card repayment, small purchases, holidays, travel, dental or medical treatment etc. These needs can now be met through instant credit online with short term loans facilitated by Cashkumar.

Short term online loans are quick and fast in nature with approvals given on the web and with minimal documentation. The processes are all done undertaken online and is especially helpful when borrowers need smaller amounts for a short period of time, a need not catered to by most financial institutions. The interest is charged on a monthly basis taking the route of a flat rate with facility to pay back the principal at any time without any foreclosure charge. The borrower is charged a small registration fee to undertake credit checks and reports are provided along with advice for even cases which are rejected.

Short term credit and quick loans are quite helpful for a large majority of people with different needs. There are many salaried professionals who need access to a fast loan with smaller amounts with various profiles including:

  • Inability to get a loan from a bank as the amount is small
  • Loan declined by a bank due to lesser salary
  • Loan not granted by banks as company is unlisted
  • Need to repay loan quickly without foreclosure charge
  • Inability to get a loan because of zero or low cibil score or credit score

To obtain a 3 month loan, 6 month loan or a 12 month loan with facility for foreclosure at a convenient time click on the link below or call us on our numbers. With facilities like anytime repayment, quick credit and fast processing the alternative of private loans if the best option for all requirements for small amounts.

Eligibility Criteria for Short Term 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 again 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 again if you are working in a top MNC the salary requirement would be lesser than one working with a startup.
  • Should be staying in the city for at least 1 Year
  • Total work experience should be at least 2 Years
  • You would require basic documentation such as your address proof, identity proof, latest bank statements etc

Documents Required for Hyderabad Short Term Loan

  • Three passport size photographs
  • ID proof – Passport/voter ID/ Aadhar or drivers licence
  • Residence Proof – Passport/ Landline bill/ post paid mobile bill/ rental agreement or Bank Statement
  • Pan Card copy
  • Age Proof – Passport/ drivers licence/school certificate or Pan Card copy
  • Income Proof - Latest 3 months salary slips
  • Banking Statement - 6 months bank statements
  • Job Stability & Continuity – Offer Letter, Relieving Letter and Form 16

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How we work?

We have greatly simplified your Short Term Loan search in Hyderabad and will help you get it in four simple steps,

Step 1

Start your Short Term Loan search by using our simple natural language form. Trust us, it takes only 37 seconds to complete!

Step 2

Your information is then passed through our proprietary eligibility algorithm
to tell you your eligibility and the rate of interest for your profile in Hyderabad.

Step 3

After that your loan requirement will be showcased to the various quick loan providers in Hyderabad.

Step 4

You will be able to track the different lenders on your Cashkumar Account and your loan amount should reach your bank account successfully in a few days.

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