Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    We found 31 Hyderabad Personal Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    11.49% - 15.99% Fixed
    0.5%
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 14.49% Fixed
    0
    30L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 19.8% Fixed
    Up to 2% One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.49% - 21.00% Fixed
    0 One time fee
    20L Max
    1-6 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    13.99% - 16.99% Fixed
    0 One time fee
    20L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless Approval Option Available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.99% - 17.99% Fixed
    2.25% (min. ₹1499 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 18% Fixed
    Up to 1.5% One time fee
    15L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free INSTANT DECISION
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 19% Fixed
    Up to ₹3000 One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.70% - 11.70% Floating
    0.5% One time fee
    50 K - 10 L
    1-5 Years
    Response Time Within 30 minutes
    Guarantor Required Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    17.25% - 37% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11% - 16.49% Fixed
    Up to 2.5%
    15L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.75% - 13.75% Fixed
    1% One time fee
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
     Loading your search... Loading your search...
  • Hyderabad Personal Loan Reviews

    • Bank Bazaar Customer Support
      "Personal Loan"
      0.5 4.0/5 "Great!"
      I am very much happy with bankbazaar, it was a great experience too. I had received a call from your side with your nice warm welcoming words,,, it's great experience in my life. I am very happy for the same... I hope you would give the same sort of service for a long time,, very great work , Keep it up!!!
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 21, 2017
    • Bank Bazaar Customer Support
      "Very good service"
      0.5 4.0/5 "Great!"
      I am aware of bank bazaar for more than 5 years. I got to know about bank bazaar through promotional mails. I got several cards and loans via bank bazaar. The web site with bank bazaar is easy to use and user friendly. The customer service and the response is good with bank bazaar. I am satisfied with the bank bazaar service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • Citibank Personal Loan
      "Better service"
      0.5 4.0/5 "Great!"
      I have informed the Citibank executive that I need 10.5 % interest rate but they were not ready to offer the loan with the low rate of interest, so that was the reason I haven't got the personal loan with Citibank . The customer service and the response is really good with Citibank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      On a general note , I am happy with the service offered by HDFC. They gave response within 3 days of time. The customer service and the response was good with HDFC bank. I got to know about HDFC personal loan through a middlemen who supported me to get the loan. The rate of interest and the charges are better than ICICI bank. I would say HDFC bank gives very good service to their existing customers.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • Bank Bazaar Customer Support
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar gives exciting offers to its customer in concern to loans or any kind of financial products. I got to know about bank bazaar through promotional mails. The customer service and the response was very good and they give frequent response to the customers. I am with bank bazaar for past 1 month. The portal of bank bazaar is easy to use and customer friendly.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • ICICI Bank Personal Loan
      "Average service"
      0.5 1.0/5 "Really Bad"
      Former part they quoted a different interest rate but at a latter stage they offered me a different interest rate. Therefore ICICI bank needs to stick on their promises. The ICICI bank executives need to be transparent in their service. The ICICI bank customer support and the response was good. They took around 1 month to disburse my personal loan besides that I am very much happy with the loan amount too.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • Standard Chartered Bank Personal Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      The rate of interest and the processing fee is nil with Standard charted bank, so that was the reason I opted for scb personal loan but it took too much of time. So that was I have closed my personal loan application. The Customer service and the response was really fast with SCB.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • Standard Chartered Bank Personal Loan
      "Seamless experience with Standard Chartered"
      0.5 5.0/5 "Blown Away!"
      Standard Chartered is competitor of CITI bank, I am have very good experience with SCB, I got awesome service from them, my personal loan process was seamless, response was very good. The executive are very prompt in service,. Standard Chartered interest rate is also competitive and best.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 13, 2017
    • Bank Bazaar Customer Support
      "One stop solution for banking realted services"
      0.5 4.0/5 "Great!"
      I had good experience with Bank Bazaar, representative reached me on time I am happy with their service. The website is absolutely fine, but I feel I am not comfortable with Mobile application, it should be more simple and it should be made better. Bank Bazaar website is nice, I could see good comparison and offers about various banks.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 13, 2017
    • Citibank Personal Loan
      "Looking out for the better service"
      0.5 1.0/5 "Really Bad"
      CITI haven't responded at all for four to five days on loan request, due to emergency I went for the personal loan. But they didn't give any response . That is the disappointed part, then I got the loan from other financial institute. Being world class bank I didn't expect this from CITI.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 13, 2017
    • ICICI Bank Personal Loan
      "Satifactory service"
      0.5 3.0/5 "Satisfactory"
      ICICI Bank completed my process on time for the personal loan. The documentation was not too much. I have taken a loan of 2.10 lakhs and the interest rate was 14%.The processing charges was also minimal. After applying the loan the loan got disbursed after twenty days and the EMI is around 5100 approximately.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • ICICI Bank Personal Loan
      "Satifactory service"
      0.5 3.0/5 "Satisfactory"
      ICICI Bank completed my process on time for the personal loan. The documentation was not too much. I have taken a loan of 2.10 lakhs and the interest rate was 14%.The processing charges was also minimal. After applying the loan the loan got disbursed after twenty days and the EMI is around 5100 approximately.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • Bank Bazaar Customer Support
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had received good service from bankbazaar when I applied for the personal loan through them. The response was good and I had no issues with them. They have good website which is easy to handle and useful to check the details for the loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • Citibank Personal Loan
      "High Interest Rate"
      0.5 5.0/5 "Blown Away!"
      Citi bank provided a good response for the personal loan but the interest rate is bit higher than the other banks in the market. Hence I cancelled my personal loan application. Other than interest rate, I had no issues with the bank for the loan process.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Dissatisfied"
      0.5 1.0/5 "Really Bad"
      I had applied for personal loan with HDFC Bank and it has not been a satisfactory experience. I am not happy with the way they handle customers. They have contacted once and they have said my loan cannot be processed because they do not provide loan only for personal not for commercial use. This process was not accepted by the bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • Axis Bank Personal Loan
      "Good Service"
      0.5 4.5/5 "Excellent!"
      Before 2 years , I had taken the personal loan from Axis bank. At that time the interest rate was around 16% which is little high, but they had sanctioned the loan on time. Now I want to take topup from Axis for which they said the interest rate would be 10.99% - 11.55%.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • Bank Bazaar Customer Support
      "Prompt Service"
      0.5 4.0/5 "Great!"
      Bankbazaar provided a proper service and good response on my loan application. Their website is quite easy to handle. I have no suggestions for bankbazaar because it was good and their website is like a user friendly. I do not have any issues with bankbazaar as such.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • ICICI Bank Personal Loan
      "Interest rate is high"
      0.5 4.0/5 "Great!"
      I approached ICICI bank for the personal loan. But the interest rate is high with ICICI when compared with other banks so I am not interested in taking the loan from ICICI. Hence I informed the bank and asked them to close my application. I had received good response from ICICI bank when I applied for the loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • Bank Bazaar Customer Support
      "Userfriendly"
      0.5 5.0/5 "Blown Away!"
      Responsiveness of Bank Bazaar is really great and appreciable. When I post the request for the personal loan, I got immediately reply from their end, I was glad about it. Usually I was getting promotional mail from Bank Bazaar end, with the help of which I applied for loan, the site is also good to apply for financial products.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • Standard Chartered Bank Personal Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      I was expecting money from some where else, I got that money. Hence there is no requirement to take personal loan from Standard Chartered bank. They have responded very well and they have you offered me best interest rate and processing fee.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    Common Loader Icon

    Hyderabad Personal Loan is Rated as "Great!" by 8401 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Hyderabad is the capital of Andhra Pradesh in Southern India.A city rich with history and tradition, Hyderabad now competes with Bangalore, Chennai for the crown of India's IT capital.

    A personal loan is a kind of unsecured loan which can be used for any purpose that the borrower deems necessary. An unsecured loan is an umbrella term used for loans which do not require collateral. Banks, credit unions, and other financial institutions offer personal loans on an ongoing basis.


    You’re probably eligible for an Hyderabad Personal Loan if you are

    01
    02
    03
    04
    Hyderabad Personal Loan Minimum Age

    At least 21 years old

    Hyderabad Personal Loan Maximum Age

    Less than 65 years old

    Hyderabad Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Hyderabad Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Hyderabad Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Hyderabad Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Hyderabad Personal Loan Maximum Loan Funded

    Maximum allowed personal loan is Rs. 50K to Rs. 30 lakhs

    Hyderabad Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Hyderabad Personal Loan amount by these steps

    01
    02
    Hyderabad Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Hyderabad

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Hyderabad Personal Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Residence proof
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

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

    Hyderabad Personal Loan Interest RatesUpdated on 24 Jul 2017

    Hyderabad Personal Loan Details
    Interest Rate (Monthly reducing balance) 15.70% to 16.20%
    Processing Fees 1% of the advance subject to a min of Rs.1000
    Loan Tenure 3 years
    Pre-closure Charges Nil
    Guarantor Requirement No guarantor required

    Personal Loan in Hyderabad

    Personal loans in Hyderabad are offered by some of the top banks and NBFCs in the country. All banks offer secured and unsecured personal loans. In the case of unsecured loans, banks offers loans ranging between Rs.50,000 to Rs.40 lakh without any collateral. Personal loans are offered to customers based on their annual income, the company their employed, etc. Some of the top banks offering personal loans are ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, etc. To compare loan offers between banks, customers can facilitate the use of financial portals such as BankBazaar.

    Personal Loan offered by various banks in Hyderabad

    A number of top banks and NBFCs in the country offer personal loans in Hyderabad. Some of the more popular banks and NBFCs offering personal loans at the best interest rates are listed below:

    • ICICI Bank
    • HDFC Bank
    • Axis Bank
    • Citibank
    • Standard Chartered Bank
    • Oriental Bank
    • Kotak Mahindra Bank
    • Fullerton
    • Bajaj Finserv
    • Tata Capital
    • Aditya Birla

    How do I get a Personal Loan with the lowest interest rate in Hyderabad?

    When availing a personal loan, most people go for the bank holding their salary account as the paperwork becomes a lot more relaxed and the process faster. While for some this might work perfectly, comparing the interest rate on loans offered by several banks and NBFCs is the best option. Other than that, there are a few other factors that will positively affect your loan interest rate. If you’re availing a loan, listed below are a few areas you need to look into or take care of if you wish to get the lowest interest rate on your loan:

    Credit score - Ensuring that your credit score is optimum is imperative when availing a personal loan. Having a high credit score will result in you getting a loan at a lower interest rate and vice versa. A credit score above 750 is satisfactory when availing a personal loan.

    Make a down payment - Putting down a sizeable down payment is sure to get you a better interest rate on your loan. Anything upward of 20% of your loan amount will positively affect the interest rate that is offered to you.

    Debt-to-income ratio - Making sure that you have a stable debt-to-ratio will firstly decide whether your loan will be approved and secondly will affect the interest rate on your loan. Debt-to-ratio is the amount one earns monthly against his/her credit bills, loans dues, etc.

    Look around for the best loan interest rates on offer - Facilitating the use of financial portals such as BankBazaar will help you when shopping around for loans from various banks and NBFCs offering the best interest rates. The BankBazaar website compares the loan interest rates of all its partner banks and makes it easier for customers to make a decision.

    Tenure - Choosing your tenure directly reflects on the interest rate added to the loan amount. Choosing a shorter tenure will result in you having a much less interest rate - though the EMIs will be considerably high. The interest rate increases with the length of the payback period.

    Employee stability and the company you work for - The number of years of experience and the company you work for plays a vital role whether firstly your loan will be approved and secondly the interest rate on the loan. Working for an established company only increases the bank's trust of you repaying the loan.

    Always negotiate - While most people readily agree to the interest rate on the loan offered by the bank, negotiating on the interest rate is a necessity. If you’re a customer availing a loan from the bank holding your salary, you have a better chance of making a negotiation.

    Personal Loan Interest rates in Hyderabad 2017

    Bank Interest Rate Range Processing Fee Range Loan Amount Tenure
    ICICI Bank 11.59% - 18.49% (Fixed) 2.25% (min. Rs.1149) One time fee Rs.20 lakh (Max) 1-5 Years
    CitiBank 10.99% - 15.99% (Fixed) 1% to 2.5% Rs.30 lakh (Max) 1-5 Years
    Kotak Mahindra Bank 11.49% - 20.15% (Fixed) Up to 2% Rs.15 lakh (Max) 1-5 years
    Fullerton 17.25% - 37% (Fixed) 1.5% to 6.0% (One time fee) Rs.15 Lakh (Max) 1-4 Years
    Bank of Baroda 11.35% - 14.35% (Fixed) Rs.1,000 to Rs.10,000 (One time fee) Rs.20,000 - Rs.2 lakh 4 Years (Max)
    State Bank of India 12.90% - 14.90% (Fixed) 1% (One time fee) Rs.24,000 - 15 lakh 5 Years
    Aditya Birla 11.5% - 13.25% (Fixed) Nil Rs.30 lakh (Max) 1-5 Years
    Allahabad Bank 13.10% (Fixed) 1.22% (One time fee) Rs.50,000- Rs.7.5 lakh 1-5 Years
    Yes Bank 14% (Fixed) Up to 2%One time fee Rs.20 lakh (Max) 1-5 Years

    Salary requirements to avail Personal Loans in Hyderabad

    When availing a personal loan in Hyderabad, the salary requirements vary from bank to bank. When looking for the bank offering the best interest rates, make sure to look out for the minimum salary requirement as well.

    • For salaried individuals - Banks have a minimum salary requirement between Rs.7,500 and Rs.50,000 for salaried individuals.
    • Self-employed individuals - Those having their own business should provide proof of income and most banks have an income requirement of Rs.1 lakh to Rs.2 lakh (profit) annually.

    Hyderabad Personal Loan FAQs

    1. What is the tenure range of personal loans?

      Most banks offer loans for a tenure of 1 to 5 years. The tenure decides the interest rate, the EMIs to be repaid to the bank monthly, etc.

    2. What documents are required when applying for a personal loan?

      You will need to submit your regular KYC documents (address and identity proof) - Passport, Aadhaar card, Voter’s ID, driving licence, any government employee card, etc. Apart from that, you will have to submit your payslips, last two years IT Returns, last six months bank statements, etc.

    3. Are there any additional charges for personal loans?

      You will have to pay the processing fee upfront when availing a loan. Apart from this there are no additional charges unless a prepayment is made.

    4. Will the loan be disbursed at once or in stages?

      Once your loan application has been approved by the bank or NBFC, the loan will be disbursed all at once. There is no option of splitting the disbursal.

    5. Can I prepay a loan after a couple of months?

      Most prepayment requirement for most banks is six months from the point of disbursal. Pre closing the loan in two months would not be a possibility. You would have to pay prepayment charges on the outstanding balance. 


    Check For Latest: Gold Rate in Hyderabad Or Silver Rate in Hyderabad
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.