Personal Loan in Hyderabad

Personal Loan in Hyderabad

Personal Loan in Hyderabad

Get an instant personal loan of up to Rs. 10 lakhs at affordable rates

Hyderabad, also known as the ‘city of pearls’ is one of the most populous cities in the country. Known for its exquisite heritage, food, and cultural offerings, Hyderabad is also home to many IT companies. 

While this is a great city to live and work in, sometimes expenses can shoot up unexpectedly. In such cases, taking a personal loan is a great option.

Top Features and Benefits of Personal Loan in Hyderabad

loan amount

Attractive Loan Amount

Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility

collateral free

Collateral Free Loans

You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor

disbursal

Fast Disbursal

The loan amount is disbursed to your bank account within 24 hours of approval

interest rates

Affordable Interest Rates

Interest rates starting from just 14% per annum

Interest Rates and Other Charges for Personal Loans in Hyderabad

The fees and charges for personal loans in Hyderabad through Moneyview are given below -

Type of Charge Amount
Interest Rate Starting from 14% per annum
Loan Processing Fee Starting from 2% up to 8% of the approved loan amount
Interest on Overdue EMIs 2% per month of the overdue amount
Foreclosure/Part-prepayment
  • No part-prepayment of the loan is allowed.
  • Foreclosure available after a certain number of EMIs have been paid
EMI Cheque Bounce Charges Rs.500 per bounce

Eligibility Criteria to Apply for Personal Loans in Hyderabad Through Moneyview

In order to avail an instant personal loan in Hyderabad through Moneyview, you will have to fulfill the eligibility criteria given below -

  • Applicants must be between 21 years and 57 years
  • Applicants must receive an income of Rs. 25,000 or more*
  • Income must be credited directly to the applicants’ bank account
  • Credit score must be a minimum CIBIL score of 650

Documents Required for a Personal Loan in Hyderabad

In order to get a personal loan in Hyderabad through Moneyview, you need only 3 documents, as listed below -

Identity Proof Address Proof Income Proof
PAN Card - This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any 1 of the officially valid documents given below will suffice)
  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
Any 1 of the following -
  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
  • Utility Bills (Electricity, Water, Gas) dated within the last 60 days

Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits

OR

Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed

Note -

  • Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us
  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.
  • On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly

Steps to Apply for a Personal Loan in Hyderabad

  • 1

    Verify Eligibility

    Verify your eligibility on the Moneyview website or app within just 2 minutes!

  • 2

    Choose Repayment Timeline

    Pick your loan amount and repayment duration from the available options based on your eligibility.

  • 3

    Submit Your Documents Online

    Submit the required documents to verify your profile by uploading them online without trouble.

  • 4

    Funds Transferred

    After approval and signing the agreement, the funds will be deposited into your account within 1 day!

Need Urgent Funds?

Collateral Free Personal Loans up to ₹10 Lakh

Personal Loan

Conclusion

Availing personal loans in Hyderabad is now extremely easy and simple thanks to Moneyview. Visit the Moneyview website or download the App and apply for a convenient and affordable personal loan today.

Frequently Asked Questions

Yes, you can. At Moneyview, our lender partners use a unique in-house credit scoring model, and therefore our credit score requirements are much lower than other lenders. As long as you have a CIBIL score of 650 or above you can get personal loans through Moneyview. 
No, applicants do not have to provide security, collateral, or guarantors as Moneyview personal loans are unsecured loans.

Yes, self-employed applicants can get a personal loan through Moneyview if they meet the following eligibility criteria -

  • Monthly income of Rs. 25,000 or more
  • Income must be credited directly to the applicant’s bank account
  • Applicant must have a minimum CIBIL score of 650.
  • Applicant must be between 21 years to 57 years old

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