Personal Loan Hyderabad

⋆ Interest Rate 9.99% ⋆

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      Why us?

      Rates as low as 9.99%*
      Loans Up to 30 Lacs
      Same Day Disbursal
      Doorstep Service
      Unbiased Experts Advice

      Table of Contents

      Best Banks for Personal Loan in Hyderabad

      HDFC Bank
      ICICI Bank
      Bajaj Finance
      Interest Rate
      10.75% - 17%
      11.25% - 18.5%
      Min Loan Amt
      Metro : 75000 & Non Metro: 50000
      Max Loan Amt
      50 Lacs
      50 Lacs
      1 Cr
      Loan Tenure
      1 - 5 Years
      1 - 5 Years
      1 - 5 Years
      Processing Fee
      0.25% - 2% of the Loan Amt

      1% - 2.5% of the Loan Amt

      0.5% - 2% of the Loan Amt
      Preclosure Charges
      2%, Nil foreclosure charges after 12 months
      2%, Nil foreclosure charges after 24 months
      Overdraft Facility

      Personal Loan in Hyderabad Features

      Personal Loan HyderabadA Personal Loan can help you meet your diverse financial needs – be it easy finance for a holiday, quick funds to take care of last-minute wedding expenses, medical emergencies, or just cash to buy a gadget. Personal Loan Hyderabad provides with minimum documentation and hassle-free process.

      There are a lot of advantages and benefits associated with Personal Loan Hyderabad

      • Online services allow the customer to keep track of the application status and get any assistance 24×7.
      • Minimum documents needed.
      • The loan amount ranges from Rs. 75,000 to Rs. 1 cr.
      • Once the application is approved, the amount is credited to the account within three seconds.
      • The interest rate is very competitive and remains fixed throughout the loan tenure.
      • Applicants need not provide any collateral or security.
      • The flexibility to choose the loan tenure. Applicants can apply for a loan from 12 to 60 months.

      Personal Loan in Hyderabad Interest Rates

      Processing Fee
      Prepayment Charges
      HDFC Bank Personal Loan
      0.25% to 1.50%
      2%, Nil foreclosure charges after 3 months
      Axis Bank Personal Loan
      0.50% to 1.50%
      ICICI Bank Personal Loan
      0.25% to 1.50%
      2%, Nil foreclosure charges after 9 months
      SBI Personal Loan
      500/- to 0.50%
      Kotak Personal Loan
      1% to 2%
      2.25% of fore closure amount if closed 1 month ahead of the tenure.
      IIFL Personal Loan
      Muthoot Personal Loan
      Manappauram Personal Loan
      PNB Personal Loan
      0.70% to 1%
      Canara Bank Personal Loan
      Andhra Bank Personal Loan

      To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

      Documents Required for Personal Loan in Hyderabad

      Salaried Customers:

      1. Ration Card, Electricity Bill, and Telephone Bill.
      2. Sale /Property purchase agreement (for owned properties).
      3. 3 Months Bank Statement of the applicant to show income stability.
      4. Latest 3 months salary slips of the applicant.

      *NOTE: In case of rented apartments, rent agreement needs to be attached.

      Self-Employed Customers:

      1. Ration Card, Electricity Bill, and Telephone Bill.
      2. Office Address proof of the owner of the business.
      3. Residence proof or proof of office ownership.
      4. Audited financials of the business for the last two years.
      5. Latest 6 Months Bank Statement of the applicant to show the stability of the business.
      6. Proof of continuity of the business.

      Personal Documents:

      1. Age Proof
      2. Identity Proof
      3. Photo and signature.
      4. Aadhar Card, Pan Card, Driving License, and Passport.
      5. Personal loan form filled and signed by the applicant.

      personal loan at 10.75%*

      Personal Loan in Hyderabad Eligibility Criteria

      Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:

      Salaried Applicants

      1. Applicants must have Indian Nationality.
      2. Applicants should be within 23 to 58 years of age.
      3. The minimum monthly income of the applicant must be Rs.17,500.
      4. Minimum of 2 years of experience in job/profession.
      5. Minimum of 1 year stay in current residence.
      6. The applicant’s credit score should be 750 or above.

      To know more about: Personal Loan for Salaried Applicant

      Self-Employed Applicants

      1. Applicants must have Indian Nationality.
      2. Applicants should be 28 years (self-employed individuals) and 25 years (for doctors) and the maximum age-eligible is 65 years.
      3. Minimum Turnover is Rs. 40 lakh for non-professionals and Rs. 15 lac for professionals as per audited financials.
      4. Minimum profit after taxes Rs. 2 lac for private Firm or Self Employed Individuals, Rs. 1 lac for non-professionals as per audited financials.
      5. Individuals should be operating in the current business for at least 5 years.
      6. The applicant’s credit score should be 750 or above.

      To know more about: Personal Loan for Self-employed Applicant

      How to apply for Personal Loan in Hyderabad?

      To apply for an Instant Personal Loan Hyderabad, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at The process is very easy & handy. This involves only a few steps:

      1. Visit
      2. Go to the loan section and click on the personal loan link.
      3. The applicant will be directed to all details of the personal loan where they can choose their preferred city.
      4. For more information and free guidance, you may call on 9878981166.

      personal loan at 10.75%*

      Processing Fee / Prepayment Charges on Personal Loan in Hyderabad

      Every Bank and NBFC charges a fee for processing your Personal Loan application. These charges vary between 1.5% to 2.5% of the sanctioned loan amount.

      • Rate of Interest: 9.99% per annum.
      • Loan Processing Charges: Up to 1% of the loan amount + GST. 
      • Prepayment Charges: 5% on principal outstanding + GST.
      • Additional Charges on Late Payment: 24% per annum.
      • Loan Cancellation Charges: ₹ 3000/- + GST.
      • EMI Bounce: ₹ 400 per bounce +GST.

      Personal Loan EMI Calculator Hyderabad

      Equated Monthly Installments also know as EMI are the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on your profile, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.

      To calculate your EMI: Personal Loan EMI Calculator

      CIBIL Score required for Personal Loan Hyderabad

      Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Hyderabad. Most institutions require a minimum score of 750 to process your loan application.

      The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.

      personal loan at 10.75%*

      Personal Loan Hyderabad Agents/Broker

      Personal loan HyderabadDialabank is the leading agent for availing Personal Loan in Hyderabad. You can apply online at or give a call at 9878981166

      Dialabank helps you to find the best option of Banks and NBFCs by providing you with a detailed market comparison of different banks so that you can make the right choice. Visit our website and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.

      Personal Loan Hyderabad Contact Number

      Call 9878981166 and get instant help and approval for Personal Loan in Hyderabad.

      Pre Calculated EMI Table for Personal Loan Hyderabad

      5 Yrs
      4 Yrs
      3 Yrs

      About Hyderabad

      Hyderabad is the capital of southern India’s Telangana state. A major center for the technology industry, it’s home to many upscale restaurants and shops. Its historic sites include Golconda Fort, a former diamond-trading center that was once the Qutb Shahi dynastic capital. Hyderabad has many religious places. Many festivals are celebrated in Hyderabad.

      FAQs About Personal Loan Hyderabad

      Who can apply for a Personal Loan in Hyderabad?

      People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Hyderabad.

      What is the tenure of Personal Loan in Hyderabad?

      Most of the Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks which extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly installments within the agreed tenure of the loan.

      Are there any other charges involved in Personal Loan Hyderabad?

      Yes, there are 2 types of charges that one needs to pay in order to avail a personal loan in Hyderabad:

      Processing Fee: For every bank or lending institution that you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The amount of processing fee varies for each lending institution and is normally between 1%  of the loan amount.

      Pre-closure Charges: Whenever you want to close a running loan before its agreed tenure period, the Banks and NBFCs charge an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary depending on how many years has your loan completed before you decide to pre-close it.

      Can my application for Personal Loan Hyderabad get rejected due to my CIBIL score?

      Since Personal Loan is an unsecured loan, one of the most important decision criteria for getting your Personal Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t skip any of your loan EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections happen due to a low CIBIL Score.