Personal Loan in Hyderabad – Instant & Easy Personal Loan at best Interest Rates.

Personal Loan in
Hyderabad

Personal Loans ranging from Rs.25K to Rs.25L with a tenure starting from 6 months.

Apply Personal Loan

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Our Financial Institutions

35

Banks / NBFCs

20K

Customers

18

Months in Operations

Personal Loans in Hyderabad

Personal loans in Hyderabad are provided at fair interest rates starting from 10.75% by the best-class financial institutions and NBFCs of India. For the people of Hyderabad, it becomes the ideal option for fulfilling all their financial needs especially during times of financial emergencies. Moreover, apart from being fast and easy, personal loans are unsecured i.e., you do not have to provide any asset as collateral to secure the loan.

The most common reasons for applying for a Personal loan in Hyderabad
• It is multipurpose and could be used for various purposes ranging from medical emergencies, weddings, buying electronics, or any other financial emergencies.
• It is the best financing option for initiating a small business and can help small vendors to kick-start their careers.
• You can always take up a personal loan for a balance transfer or for consolidating all your current debts for convenience of repayment. The interest rates applied to the personal loan are lower as compared to other forms of debts.

Special features:
• Loan Amount Eligibility: Rs 25000- Rs 25 Lakh
• Easy and simple loan application
• Minimal documentation and short processing time
• Flexible loan Tenure- 1- 5 years
• Low-interest rate loans with several attractive features
• Easy EMIs

Eligibility criteria to apply for a Personal loan in Hyderabad
Age – Minimum age is 21 years, and the maximum is 60 years
Credit Score: You should have a good credit score, 700 or above
Monthly Income requirement: Rs 15000 per month
Work Experience

Salaried
Employed at the current company for at least 6/12 months

Self-Employed
• Business tenure of at least 3 years (continuous)
• ITR of last 3 years

You can also check your loan eligibility by visiting our website. Moreover, we have an efficient personal loan EMI calculator which will help you to get an idea of how much loan amount you should borrow. Further, you can also benefit from our free credit report service before applying for a loan which gives an in-depth analysis of your credit history.
The documents required to apply for a Personal loan in Hyderabad
Salaried and Self-employed
Identity & Age Proof: Aadhaar Card, PAN Card, Birth Certificate, Passport, Voter ID, etc.
Filled personal loan application with photograph
Residence proof - Passport driving license, Voter ID, post-paid/landline bill, utility bills (electricity/water/gas)

Income Proof for Salaried
• Salary Slips of last 3 months
• Form 16 or Income Tax Returns of last 3 years

Income proof for self-employed
• Last 3 years Income Tax Returns with computation of Income
• Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

How IndiaLends can help in getting a Personal loan in Hyderabad
IndiaLends offers free customer support to personal loan aspirants. You don’t need to pay any charges or commission to us.
The main benefits of availing of our services are:
• Convenience
• 100% transparency
• Real-time customer support
• We get you the lowest interest rate loan offers from multiple Banks and NBFCs
• Compare offers online
• We handle everything for you ranging from documentation to disbursal.

Our experienced financial team takes care of your credit needs and finds a good personal loan offer for you. We evaluate your profile and match them against the eligibility criteria of various financial institutions. After the careful analysis of available offers, we pick the best proposal for you.
Instead of visiting a bank, natives of Hyderabad can take advantage of the online services of FinTech companies like IndiaLends. Our services are completely free, and you can get some of the best personal loan offers in Hyderabad.
IndiaLends offers 24*7 services for all its customers. You can contact us at any time of the day, and we will try our best to get back to you as soon as possible.

Personal Loan: An Overview

A Personal loan is a form of credit offered by financial institutions for the borrower’s personal use.
It is an unsecured loan and doesn’t require collateral as security or a guarantor to avail the loan.

*The figures provided in the table are indicative subject to change from time.

How it Works

A Personal loan is a form of credit offered by financial institutions for the borrower’s personal use.
It is an unsecured loan and doesn’t require collateral as security or a guarantor to avail the loan.

1

Registration

register

Apply online in less than 2 minutes

2

Quick Verification

verification

We will review your application and give you a decision within minutes

3

Loan Disbursal

receive loan

Receive the loan amount within two days.

Find out your customized interest rate for a Personal Loan in Hyderabad

A Personal loan is a form of credit offered by financial institutions for the borrower’s personal use.
It is an unsecured loan and doesn’t require collateral as security or a guarantor to avail the loan.

Basic Eligibility Criteria

  • eligibility

    Good Credit Score

  • eligibility

    Above 21 years of Age

  • eligibility

    Salaried professional

  • eligibility

    Resident of India

  • eligibility

    Valid Bank Account

  • eligibility

    PAN Card and Voter ID Card/Driving License

  • eligibility

    Bank Statements for the last three months

  • eligibility

    Salary Slip for last three months

Personal Loans in Hyderabad Reviews

Your reviews motivate us and help us make our service even better

    • user
    • Rohit Kaushal

      It was a good experience with IndiaLends. They gave protective advice for my personal loan request. They took 6 days to complete the whole process, however they kept me informed at each step.

      4.0

    • user
    • Vandana Tomar

      Happy with IndiaLends service. Their support was really good as they collected my documents and done the verification on the same day. It was a nice experience for me and I would recommend others to use their services.

      5.0

    • user
    • Sumit Kapoor

      I am really happy with the services of IndiaLends. They were super-fast in the process and quick in giving me a response. I would like to rate them 4 stars.

      4.0

    • user
    • Afsha Amber

      IndiaLends sanctioned me personal loan within few days. All I had to do is to give my documents to them for verification.

      3.0

Frequently Ask Questions

Q. How much can I borrow and for how long?

A. You can get personal loans starting from Rs. 25,000 up to Rs.25 lakhs for 1 to 5 years.

Q. Can I repay my loan early?

A. Yes, you can pre-pay your loan as and when you want.

Q. How does Indialends assess my credit worthiness and how long does this take?

A. Each consumer wishing to borrow on the Indialends portal will need to go through a rigorous verification and credit assessment process. The assessment is based on information collected from various data sources like the application form, credit bureaus, bank statements, pay slips, verification reports, social media, etc. The above process is automated and happens within seconds. Hence, you can get an approval shortly after you submit your application.

Q. Why was my application rejected?

A. The reason your application was rejected was because your credit profile did not match the criteria stipulated in the Indialends policy at the time. However, Indialends might be able to approve your application at a later date, if by then your credit file has improved or there have been changes in the Indialends credit policy.

Q. What is my repayment schedule?

A. Repayment of the loan will happen monthly on an EMI (equated monthly installment) basis where the amount will be calculated based on amortizing balance. One or two of the installments might be different which will depend on the timing of the loan.

Q. What happens in the case of a missed payment or non-payment by a borrower?

A. If the monthly payment for a borrower is delayed for any reason, a penalty fee and penal interest might be charged to the borrower. The borrower’s credit file will also get impacted which will restrict him / her to get credit in the future. Legal action may also be taken against the borrower.

Q. What information is shared with the lenders browsing through the profiles?

A. Lenders will have the ability to view detailed profiles of the borrowers, information like financial information, employment information, etc. The personal information of the borrower remains protected as per our privacy policy.

Q. How do I alter my loan request?

A. Loan requests can only be cancelled prior to loan disbursal. In case you want to make any changes to your request please reach out to support@indialends.com. The support team will help you in making the modifications.

Q. How can I make monthly payments?

A. You can pay your EMIs using electronic transfer of funds, ECS.

Q. How will you disburse the loan amount?

A. Soon after the loan is approved, the funds will be transferred right into your bank account.