Kukatpally is the serene suburb of Hyderabad in young Indian State Telangana. Being at the heart of various important routes in Hyderabad, this city is referred to as the Information Technology Hub of Hitech City.
A personal loan in Kukatpally may not be the cakewalk you would expect it to be. All that economic influx and development would get you to believe that the banks/NBFCs here would sanction your loan faster than other economically backward places.
Availing a personal loan in Kukatpally is now easy with Us, one of India’s most trusted financial institutions. Affordable ROI, flexible amount & repayment terms, and minimal documentation are just some of the reasons that contribute to the popularity of Money View.
We provide our customers with some of the best benefits and features that have been helpful to them. Some of the features are :
Our user-friendly platform and personal loan app has made it easy to access loans online. They use technology to simplify the loan process and eliminate paperwork wherever possible, with a focus on transparency and security.
Asking how soon you can know about your loan eligibility? It will take you 2 minutes! Just two minutes are all they need to check your eligibility, which is even quicker than a mobile recharge! Just a few pieces of information and you’ll know if you are approved for a loan.
Applicants can keep their repayments low and manageable by choosing a repayment term that suits their specific circumstances. Interest-only and fixed rates are available with repayment tenures of up to 60 months.
Starting from 1.33% per month! This equates to lower EMI’s and higher savings!
The amount of the loan can vary between Rs. 5,000 and Rs. 5 lakhs based on the requirements of the applicant. We understand that every need is different, which is why they offer an array of loan options to cater to your requirements.
Once approved, the funds for your loan could be in your account within 24 hours. The service is fast and easy which makes people go for a Personal loan in Kukatpally with us.
A personal loan is a debt instrument where you borrow money to meet your consumption needs. We provide personal loans based on the information provided in your applications. Once you have cleared the eligibility criteria, you will be approved for financing. These are :
When you look for a personal loan, you should consider factors like the interest rate, payment tenure, and prepayment options. You should also check for hidden charges, like pre-payment charges, and penalty fees. For personal loans in kukatpally, they offer an interest rate that is affordable to other financial institutions in the industry. For your convenience, they offer multiple repayment options at affordable rates.
| CHARGES | AMOUNT |
|---|---|
| Loan Processing Fee | The processing fee is a percentage based on the loan amount and varies from 2% to 8%. |
| Interest Rate | The interest rates are as low as 1.33% each month. |
| Foreclosure/Part-prepayment |
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| Interest on Overdue EMIs | Your overdue EMI will attract interest at the rate of 2% per month. |
| EMI Cheque Bounce Charges | f your cheque bounces, you will have to pay a Rs.500 charge. |
For the foreclosure and Part-prepayment, there are certain charges that applicants need to know before applying for a personal loan in kukatpally.
| FEES | AMOUNT TO BE CHARGED | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1. Foreclosure Charges | There is no initial charge for foreclosure but, to invoke this option, sufficient payments towards EMIs are required as follows
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| Part- Prepayment Charges | Part payments are not allowed on personal loans. |
Before you can get a personal loan in Kutukpally, you’ll need to gather a few documents. Listed below are the required documents for all lenders.
For address proof, the officials will need only one document from the following that is listed below :
The PAN card is the only official document that needs an applicant’s photograph. If the PAN card is rejected then one or more of the given officially accepted documents need to be submitted. These are :
The income proof varies for salaried individuals and self-employed individuals. Both have to show their income proof separately.
All these documents are important for verification. These documents will ensure that the loan amount is easily credited into the account.
Before applying for a personal loan in kukatpally, there are some points which applicants need to note. These are :
With all these points in mind, applicants can apply for a personal loan in kukatpally. However, they need to ensure that they are eligible for requirements like in-Hand income, credit score and other details.
There was a time when personal loans were considered to be an inaccessible facility and people would not even think about availing it. However, with the emergence and growth of various online financial aid companies, personal loans have become one of the most used modes of credit by people across the city. Availing personal loans in Kukatpally is now extremely easy and simple. anybody can easily get a legitimate and authentic loan within less period at competitive interest rates.
