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.

What are the Benefits and Features?

We provide our customers with some of the best benefits and features that have been helpful to them. Some of the features are :

  1. Paperless Transactions

    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.

  2. Simple Eligibility Criteria

    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.

  3. Easy Repayment Terms

    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.

  4. Reasonable Interest Rates

    Starting from 1.33% per month! This equates to lower EMI’s and higher savings!

  5. Higher Loan Amount

    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.

  6. Quick Loan Transfer

    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.

"ఉన్నత చదువుల కోసం ప్రయత్నం చేస్తున్నారా? కాని సరిపడ డబ్బులు లేవా? దిగులు చెందకండి, ఎందుకంటే ఇప్పుడు Money View తక్కువ వడ్డీ కి ఎక్కువ ఋణం ఇస్తుంది!. Money View ఉండగా, ఇక చింత దేనికి?"

Eligibility Criteria for a Personal Loan in Kukatpally

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 :

  • All applicants must be over 21 years of age, and no older than 57 years of age.
  • To successfully receive an instant personal loan, your income must be credited directly into your bank account.
  • Given that you earn a minimum of Rs. 13,500 per month or more, you can apply for an instant personal loan online.
  • Applicants with a minimum CIBIL score of 600 or a minimum Experian credit score of 650 are eligible for the loan.

What are the Interest Rates and Other Charges?

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
  • The loan must be wholly repaid before the scheduled payment period.
  • All legal contracts are followed when dealing with foreclosure.
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
Tenure Foreclosure
0-6 months Not allowed for this period
7-18 months Firstly EMI for 6 months
Above 18 months Firstly EMI for 12 months
Part- Prepayment Charges Part payments are not allowed on personal loans.

What are the documents required for a Personal Loan?

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.

  1. Address Proof :

    For address proof, the officials will need only one document from the following that is listed below :

    • Aadhaar Card
    • Indian Passport
    • Voter ID card
    • A Driver’s License
    • A bill of Electricity, Water, Gas but it should be dated within the last 60 days.
  2. Identity Proof :

    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 :

    • Aadhaar Card
    • Indian Passport
    • Voter ID card
    • A Driver’s License
  3. Income Proof :

    The income proof varies for salaried individuals and self-employed individuals. Both have to show their income proof separately.

    • Job Individuals: If you are a salaried employee, then please provide us with bank statements that show your salary account for the last three months.
    • Business Individuals: We request that you provide three months’ worth of bank statements in PDF format, or if self-employed, a copy of your income as it appears on your last tax return.

All these documents are important for verification. These documents will ensure that the loan amount is easily credited into the account.

Points to follow:

Before applying for a personal loan in kukatpally, there are some points which applicants need to note. These are :

  • Once your bank information is confirmed, we will send you an email informing you that you have been approved for your loan. You will receive a notification of the amount in funds to be transferred from your bank into the company’s account and a request to print a NACH form and sign it electronically.
  • This step will allow you to set up the EMI Facility in your Bank Account that will enable you to make timely EMIs without any oversight.
  • If you have qualified for a loan, you will receive your application approval on the app. Please read all of the terms and conditions thoroughly before submitting your application.

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.

Conclusion

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.

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