Personal Loan in Hyderabad

Top Banks Offering Personal Loan in Hyderabad

Bank NameMain Branch AddressRate of Interest
State Bank of India (SBI)Bank Street, Sultan Bazaar, Koti, Hyderabad, Telangana 500095

10.95% - 15.35%
HDFC5-1-680, TK House, Ground Floor, Main Road Abids, Bank Street, Koti, Hyderabad, Telangana 50000111.25% - 21.50%
ICICIDoor No 2-92-2/9, Stone Ridge Center, Opposite Google Main Road, Kondapur, Hyderabad, Telangana 50003310.99% - 18.49%
Axis3-6-726,ROMANA PLAZA, HIMAYATH NAGAR MAIN RD, Hyderabad, Telangana 500029

15.75% - 24.00%
Punjab National BankShop No.8-3-166/7/2, Deccan Chambers, Opposite Allwyn Bhavan, Bombay Highway, Erragadda Main Road, Sanath Nagar, Vikaspuri, Erragadda, Hyderabad, Telangana 50001812.00% - 15.00%
Bank of IndiaShop No.5-8-659, P. B. No.134, Nampally Station Rd, Kattel Mandi, Chirag Ali Lane, Abids, Hyderabad, Telangana 50000112.00% - 14.00%
Bank of BarodaD.Nop: 8-3-1116/1, Kesav Nagar Main Road, Opp Axis Bank, SriNagar Colony, Hyderabad, Telangana 50007311.80% - 16.80%
Central Bank of IndiaNO.GF-5 TO 7, GR.FLOOR, PAVANI PLAZA, H.NO.6-2-984, (NEAR SHADAN COLLEGE), KHAIRATABAD MAIN ROAD, KHAIRATABAD, Hyderabad, Telangana 50000411.25% - 12.60%
IDBI BankShop No. 6-166, Plot No. 104, Near ganesh nagar Bus Stop, Jeedimetla Main Road, Chinthal, Hyderabad, Telangana 50005412.00% - 14.00%

Personal Loan Hyderabad Interest Rate

ParticularsDetails
Interest Rates10.75% - 25.00%
Processing Fee1%-2.00% of the loan amount+GST
Pre-payment Charges3%-5.00% of the principal outstanding+GST
Repayment Period Upto 5 Years
Lowest EMI ₹2,204-2,935 (per Lakh)

Personal Loan Calculator

If you are someone who is willing to avail a personal loan, you are at the right place. The personal loan journey cannot be completed without mentioning about a personal loan EMI calculator online. Yes, that’s right! Your perfect loan buddy that helps you in many ways, allowing you to take a smart and calculative decision. With this device, you can easily know the exact calculations of your EMIs and interest payable on a personal loan. This smart device saves a lot of time and gives the results within few seconds. Have a better clarity on the same, by reading the page below.

Suppose, Rashmi Bansal, a 32- year-old- Manager by profession is interested in availing a loan of ₹3 Lakh so as to travel to Singapore. Thus, in order to get the same, he had applied with one bank and got the approval for the loan with an interest rate of 12.75% per annum for a tenure of 4 years. But before he went ahead with the process, all he did was used an EMI calculator so as to know whether his monthly installments would be pocket-friendly or not. So, take a look at the table below and find yourself.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 3,00,00012.75%1₹ 26,760₹ 21,120₹ 3,21,120
₹ 3,00,00012.75%2₹ 14,227₹ 41,456₹ 3,41,456
₹ 3,00,00012.75%3₹ 10,072₹ 62,596₹ 3,62,596
₹ 3,00,00012.75%4₹ 8011₹ 84,532₹ 3,84,532

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

YearPrincipalInterestBalance Amount
1₹ 61,388₹ 34,745₹ 2,38,611
2₹ 69,689₹ 26,444₹ 1,68,922
3₹ 79,112₹ 17,020₹ 89,810
4₹ 89,894₹ 6323₹ 0

Personal Loan Eligibility

Salaried

Age: 21-60 Years
Income: ₹1,44,000-1,80,000 p.a.
Overall Work Experience: 2-3 Years
Work Stability with Current Employer:1 Year

Self-employed

Age: 24-65 Years
Income: ₹1,80,000-2,00,000 p.a.
Stability in Same Profession: 3 Years

Documents Required for Personal Loan in Hyderabad

  • Identity Proof- PAN Card/Voter ID/Driving License/Aadhar Card/Passport
  • Address Proof- Utility bill/Passport/Aadhar card/Voter ID
  • Income Proof- Latest Salary Slip/ ITR/Form-16
  • Bank Statement- Last 3-6 Month Bank Statement

About Personal Loan in Hyderabad

A major center for the technology industry, it would not be wrong to say that the City of Nizam i.e. Hyderabad is also an epic center of many public as well as private financial companies. Yes, with a plethora of renowned lenders available in the city, the financial needs of all will be taken care. Whenever, people of the city are in urgent need of funds, personal loan in Hyderabad is their answer, offered by many renowned lenders.

Fastest loan disbursal, quickest approval, minimal documentation and flexible tenures, the personal loan comes handy to those who want to meet their personal needs immediately. It can be availed to fulfill any personal requirement, be it debt consolidation, travelling or wedding. This is the reason that whenever people are in urgent need of funds, they look no further than availing a personal loan.

Bajaj Finance Personal Loan in Hyderabad

If you are someone who is willing to avail a personal loan from Bajaj Finance in Hyderabad, need not to worry as you can easily get the credit. Yes, this renowned NBFC by offering the personal loan in the city ensures to meet the multiple needs of one and all. Be it paying your credit card bills, renovating your home or enjoying a holiday at a beautiful location, all your wishes can instantly be fulfilled with the credit facility of Bajaj Finance.  This financial firm with its best of features such as simple documentation, flexible tenures and fastest approval caters the personal need of all the borrowers.

People Also Look For

Personal Loan Interest Rates October 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.50%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank11.50% - 14.50%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates October 2018
State Bank of India/SBI8.70% - 9.25%
HDFC8.80% - 9.60%
Bank of Baroda8.55% - 9.55%
LIC Housing8.70% - 9.05%
PNB Housing Finance9.00% - 13.00%
ICICI Bank8.85% - 9.10%
Axis Bank8.80% - 9.05%
Citibank8.90% - 9.65%
Indiabulls Housing Finance Limited8.80% - 11.05%
Kotak Bank8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 10.00%
EMI Calculator