Allahabad Bank Personal Loan in Hyderabad

About Allahabad Bank Personal Loan Hyderabad

Hyderabad, commonly known as the hi-tech city of India never disappoints those who are looking for a personal loan to meet their various needs. The bank offers this credit facility with lowest rates, flexible tenures, minimal charges and simple documents so as to ensure that applicants have a hassle-free loan journey

Allahabad Bank Personal Loan Hyderabad at a Glance

ParticularsDetails
Interest Rate (in p.a.)8.50% - 13.00%
Loan Amount₹25,000-Amount equivalent to annual income or ₹ 5.00 lacs, whichever is less
Tenure48-60 Months
Processing FeeNil-1.22% of loan Minimum ₹614
Pre- payment Charges2.28% of outstanding balance only in case of takeover

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Eligibility Criteria

For Salaried/Pensioners/Doctors

  • Minimum gross monthly salary of the proponent should be ₹ 20,000 and he / she should be a permanent employee with a minimum 2 years service in the same organization.
  • The organization proposed for designation must have strength of minimum 20 eligible employees.
  • Age of the pensioner should not exceed 73 years (Seventy three years) as on the date of disbursement of loan and loan should be fully repaid before attaining the age of 75.
  • Individual Doctors & Medical Practitioners. Maximum age: 65 years on date of sanction of loan.

Documents Required

For Salaried/Self-employed

  • Photo ID and age proof
  • Signed application form with photograph
  • Residence proof
  • Last 6 months bank statement
  • Last 3 months salary – slips
  • Form 16 or Income Tax Returns
  • Last 3 years Income Tax Returns with computation of Income
  • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

For Latest Updates Click on Personal Loan Hyderabad


Address of Allahabad Bank Branches in Hyderabad

Branch NameAddressIFSC CodeMICRCustomer Care
Industrial Finance Br, Hyderabad Ifb Branch, 6 - 3 - 850/3, Srinivas Plaza, Near Seesh Mahal, Ameerpet, Hyderabad - 500016, Andhra PradeshALLA0211956500010009040-23412156
Hyderabad5 - 1 - 680, T.K. House Post Box - 166, Bank Street, Hyderabad Hyderabad Hyderabad, Pin: 500195ALLA0210213500010002040-24745621
SecunderabadSarojini Devi Road, Minerva Complex, Secunderabad, Dist - Hyderabad, Andhra PradeshALLA0210299500010006040-27842949
Hyderabad Maruti Nagar8/3/222/1/1 Shalimar Apartment, Yusufguda Road, Maruthinagar, Hyderabad, Andhra PradeshALLA0210732500010005040-23732249
Himayatnagar Branch , Hyderabad3 - 6 - 435 Himayatnagar, Main Road , Hyderabad - 5000029ALLA0211050500010004040-27638798
Hyderabad Chikhadapalli1 - 1 - 230/13/1, Vi Viveknagar, Chikkadapally, Hyderabad Andhra Pradesh 500020ALLA0211214500010003040-27656916
Hyderabad Balanagar3/2 - 6, Main Road, Balanagar, Hyderabad Hyderabad Rangaredyy District, Pin: 500042ALLA0211472500010007040-23774020,
Hyderabad Santosh Nagar17 - 1 - 211/3/B/3, Main Road M Saidabad Post, Hyderabad - 500659ALLA0211473500010008040-24532509
ChittoorSundar Iyer Street, Chittoor, HyderabadALLA021230451701010208572-230091
BoduppalBoduppal, Plot No 976, Buddha Nagar, Warangal Highway, Peerzadiguda (Vill), Hyderabad Hyderabad Ghatkesar Mandal, Ranga Reddy District, Pin: 0ALLA0212228500010013040- 27201061
Hyder - Shah - KotHyder - Shah - Kot, Main Road, Hyder - Shahkot, Golconda(Post), Hyderabad Hyderabad Rajendra Nagar Mandal, Ranga Reddy District, Pin: 500008ALLA0212229500010010040-24190321
KukatpallyKukatpally, Hig - Plot No 160 & 161, 6Th Phase Main Road, Kphb Colony, Hyderabad Hyderabad Ranga Reddy District, Pin: 500072ALLA0212226500010011040-23150037
MalkajgiriMALKAJGIRI, 2 - 482/53/A, SRI SEETHARAMA NILAYAM, GAYATHRINAGAR, NEAR RADHIKA TALKIES, MALKAJGIRI, HYDERABAD HYDERABAD HYDERABAD, Pin: 0ALLA0212262500010014040-27126200
Service Branch HyderabadService Branch Hyderabad, 3 - 6 - 111/8 Main Road Himayat Nagar, Hyderabad Hyderabad Hyderabad, Pin: 500029ALLA0211860040-27677529,
VanasthalipuramHouse No 5 - 6 , 192, Gr Floor, Vaidehi Nagar , Vanasthalipuram, HyderabadALLA0212227500010012040-24241519
Wesley Boys Junior SchoolWESLEY BOY, P.G ROAD, SECUNDERABAD - 500003ALLA02124419052002759, 040-27846478
Wesley Girls High SchoolOld Lancer Road , Wesley Girls Degree College Secunderabad, Andhra PradeshALLA0212442040-27888711
GachibowliGachibowli Main Road, Hyderabad, Andhra Pradesh 500032ALLA02124745000100179866097725
KothapetAllahabad Bank, Sairam Avenue, 2-4-1049, Plot No.35, New Nagole, Kothapet Road, Hyderabad-500035 ApALLA02127415000100194024045252
Jubilee HillsPlot.No.1272, Road No.63, Jubilee Hills, Hyderabad-500033ALLA02128895000100219000567497
Banjara HillsH.No.8 By 2 By 269 By S By 50, Ground Floor, Sagar Society, Road No.2, Banjara Hills Hyderabad-500034ALLA02128905000100209000567497
TIRUMALGHERYPlot.No.05, Survey No.63, Main Road Tirumalghery, Secunderabad-500015ALLA02128929000567497
TollychowkiDoor No 1-20 By 1 By A Suryanagar Colony, Tollichowki, Hyderabad 500008ALLA02129229000567497
HabsigudaDoor No.4-106 By C, Street No 8, Habsiguda, Near Mathura Bar, Habsiguda, Hyderabad-Pin 5000013ALLA02130639000567497
DD ColonyG-1, Sterling Avenues, 2-2-1167 By 11 By 1, 2-2-1164 By 3 By 8 By A And 2-2-1164 By 4 To 7, Situated In Plot Nos.5, 6, 10 And 19-B, In Survey No.427 Of Bagh Amberpet Village, In Ward No.2 Of Block No.2, At Tilaknagar, New Nallakunta, HyderabadALLA02130939966752862,9000567497
MiyapurH.No.2-60 By 10, Plot No. 546, Miyapur-Bollaram Road, Miyapur-500049. Hyderabad. Rangareddy Dist.ALLA02130949000567497

Allahabad Bank Personal Loan EMI Calculator

Now that you have decided to avail a personal loan from Allahabad Bank in Hyderabad, knowing about an EMI Calculator is helpful for you. A smart and magical device that calculates your monthly installments in a hassle-free manner. This device after taking into account:

  • Loan Amount
  • Tenure
  • Interest Rate

Calculates your EMIs and Interest Outgo in the best way. This online tool works so fast that within few seconds it clears all your confusion and gives you the accurate values in the best way.

Let’s understand this thing with the help of an example below:

Suppose, Ankit Aggarwal, a 30-year-old, PHP Developer by profession is looking for a loan of ₹4 lakh so as to travel to his favourite location. Thus, he has applied for the loan to get the same loan amount. The bank has agreed to offer the loan at an interest rate of 11.75% per annum for a tenure of 5 years. So, take a look at the table below to know the EMIs, Interest Outgo and Total Amount Payable towards the loan.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 4,00,00011.75%1₹ 35,493₹ 25,913₹ 4,25,913
₹ 4,00,00011.75%2₹ 18,783₹ 50,785₹ 4,50,785
₹ 4,00,00011.75%3₹ 13,238₹ 76,568₹ 4,76,568
₹ 4,00,00011.75%4₹ 10,485₹ 1,03,256₹ 5,03,256
₹ 4,00,00011.75%5₹ 8847₹ 1,30,840₹ 5,30,840

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YearPrincipalInterestBalance Amount
1₹ 62,460₹ 43,707₹ 3,37,539
2₹ 70,208₹ 35,960₹ 2,67,331
3₹ 78,916₹ 27,251₹ 1,88,414
4₹ 88,705₹ 17,462₹ 99,708
5₹ 99,794₹ 6459₹ 0

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