Bajaj Finserv in Hyderabad
Hyderabad is the capital city of the newly formed Telangana state. Serving as the de jure capital of Andhra Pradesh, it is an important industrial city housing various educational, financial and manufacturing units.
If you are looking for the best personal loan provider in Hyderabad to get instant finance then you must choose to apply for a loan from Bajaj Finance Limited. With us, you can avail of an instant personal loan in Hyderabad at reasonable interest rates and can address diverse financial needs. Walk into either of our 2 branches in the city or apply online for immediate approval.
Features and benefits of personal loan in Hyderabad
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Loans up to Rs. 55 lakh
Get a personal loan of up to Rs. 55 lakh to meet your diverse needs effortlessly.
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Fast approval
Get an immediate personal loan in Hyderabad with fast approval on online loan applications with Bajaj Finance Limited and save yourself from the hassle of waiting in queues.
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No hidden charges
As per our terms and conditions, no hidden charges are imposed. Pay nominal rates only.
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Repay easily
Select a repayment schedule that best matches your financial capability. Tenors of up to 96 months are available.
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Access online account
Through our customer portal – My Account, get access to your loan account online 24x7.
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Enjoy a hassle-free documentation process with minimum paperwork.
Minimal documentation
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Reduce EMIs
Lower the loan EMIs by up to 45%* and repay easily with our Flexi loan facility.
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Money in bank in 24 hours*
Wait up to 24 hours* after approval to receive the entire loan amount in your bank.
Nicknamed the City of Nizams, Hyderabad has rich historical significance and its literature, painting, jewellery, handicraft, clothing and dialect hold prominence even today. India’s second-largest motion pictures producer, the Telugu film industry, is based here. Hyderabad also has SEZs for the IT sector, thereby attracting several MNCs to contribute to its economy. The predominant service sector employs almost 90%* of the city’s workforce.
If you are a salaried employee of an MNC or other enterprises, Bajaj Finserv brings high-value personal loans for you. Avail of up to Rs. 55 lakh against no collateral in Hyderabad. Repay over a flexible tenor with manageable EMIs and free yourself from debt. Our online account management facility allows you to track all the loan details from anywhere, anytime, with ease.
*Conditions apply
Eligibility criteria for Loans in Hyderabad
Match these personal loan eligibility criteria to qualify for a high loan amount in Hyderabad.
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Nationality
Indian, resident of India
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Employment
Must be a salaried employee at a reputed MNC or a private/ public limited company
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Credit score
Above 685
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Age
Between 21 years to 80 years*. 80 years* or younger, at the end of the loan tenure.
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Income
Starts at Rs. 35,000. Refer to our eligibility page for other details
Besides meeting the above criteria, try to improve your eligibility by reducing your financial liabilities. Maintain a clean credit report with no signs of default. Bajaj Finserv offers some of the best features in the market to eligible borrowers.
Interest rates and charges for Loans in Hyderabad
Bajaj Finance Limited offer low-interest personal loans in Hyderabad. Check our personal loan interest rate and charges before applying for a loan.
Current Interest Rate on Personal Loans
Check the online interest calculator to find accurate repayment details based on the latest personal loan interest rate. It helps you plan better and choose the best loan option.
Type of fee |
Applicable charges |
Rate of interest |
10% to 31% p.a. |
Processing fees |
Up to 3.93% of the loan amount (inclusive of applicable taxes). |
| Flexi Facility Charge | Term Loan – Not applicable Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below)
*All the Flexi charges above are inclusive of applicable taxes *Loan amount includes approved loan amount, insurance premium, and VAS charges. |
Bounce charges |
Rs. 700 - Rs. 1,200 per bounce. |
| Pre-payment charges | Full Prepayment
Part-prepayment
*Foreclosure will be processed post clearance of first EMI |
Penal charge |
Delay in payment of instalment(s) shall attract Penal Charge of Rs. 8 - Rs. 12 per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Stamp duty (as per respective state) |
Payable as per state laws and deducted upfront from loan amount. |
Annual maintenance charges |
Term Loan: Not applicable Flexi Term Loan (Flexi Dropline): Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount (as per the repayment schedule) on the date of levy of such charges. Flexi Hybrid Loan: Up to 0.295% (inclusive of applicable taxes) of the total withdrawable amount during the initial tenure. Up to 0.295% (inclusive of applicable taxes) of total withdrawable amount during subsequent tenure. |
| Broken period interest / Pre-monthly Instalment interest |
Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as follows: EMI Date : 2nd For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement EMI Date : 7th For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on Due date / Deducted from disbursement Scenario 2: If Loan is disbursed between 7th and 10th of the month: |
Note: Additional cess if any, will be applicable to all charges according to state law.
*Terms and conditions apply.
Our Personal Loan branches in Hyderabad
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