Apply for Personal Loans in Hyderabad
About Personal Loan
A personal loan is usually of a smaller amount than a mortgage and used for personal purposes, instead of commercial/business needs. It includes loans for reasons like going on vacation, wedding, buying of new furniture and various other needs that arise for an individual.
Looking to find out which bank is best for personal loan. With more and more personal loan agents in Hyderabad, it can be rather confusing to find out which deal matches your exact requirement. Logintoloans will help you fulfill your financial needs by arranging Personal Loans. We provide Personal Loan based on the factors that banks provide the best deal for your requirement.
We provide a platform that aggregated various types and categories of lenders to suit each requirement. We can’t say which bank is best for to get personal loan, it differs based on your requirement, eligibility, CIBIL Score, employment, salary and other factors. We help you do this through our interactive service which helps you compare and get the lowest interest rates for personalloan.
Features & Benefits
- Loans available from Rs. 50,000/- to Rs. 15 lakhs
- Flexible repayment options - Loan tenors range from 12-60 months for salaried individuals
- Doorstep Service - Fix an appointment with any of our representatives on phone and get assistance in completing loan related formalities
- Gain quick approval on loans
- Minimal paperwork and hassle free processing
- Attractive interest rates
Why are personal loans a good idea ?
Personal loans can be the best financial aid for anyone who wants to have access to emergency funds to address multiple needs. Personal loans are unsecured in nature with minimum documentation and easy approval. Unlike other loans, small loans are not issued specific purpose. The lender allows you to use the loan for any purpose right from catering expenses related to life events to financing medical expenses. As these loans are unsecured, approval of the loan is subjected to your job stability and good credit score. As it said that, versatile needs can be addressed with these unsecured loans, the article enlightens few types of financial needs for which these quick loans can be the best choice.
Types of Personal Loans Available
All personal loans available in the market are unsecured. Know different types of personal loans.
Bad Credit Personal Loans
We provide personal loan services for people with bad credit, good credit and no credit.
The loan requirement of professionals and businessmen is increasing nowadays. Since personal loan is unsecured loan, each individual need assistance to get it easily. You can get a bad credit personal loan without guarantor, but you will have to give the lender your social terms security credit number to check your credit.
Business Start-up Loan
A business startup loan is any kind of financing aimed specifically towards startups with little to no business history. With this loan, you will enjoy a credit free period of 15 months and thereafter, you will be charged with the interest ranges from 7.9%19.9%.
Same Day Loans
If you need funds urgently for an unexpected expense, one potential solution that’s available in the India is to apply for same day loans.
Unemployed Personal Loans
If you need a personal loan and you’re currently unemployed we have a loan option for you that can support you until you sign your next W-2. But interest rates of these loans are too high.
Corporate Loan
Any business is driven by money during different stages of the cycle. Personal loans can be the best choice to address your business needs when you don’t have the luxury to wait for a long time about the approval of the loan. These loans turn to be the best option for the small business owner who lacks collateral to pledge.
Home Improvement Loan
Looking to give your Home a new look and convenience, Logintoloans provides Home Improvement. Loan Interest rates for these loans are from 9% to 12.5%.
Medical Loan
We will never know when uncertainties will hit the life. If you face any emergency when all your money for the month is exhausted, the unsecured personal loan can be a good choice. You will easy access to funds with instant approval with minimum documentation. All you need to have is a good credit score and job stability to fetch a loan.
Marriage Loan
Another good reason when a small loan becomes best choice is wedding events. A wedding is a lifetime celebration in the countries like India. The shortfall of money in such events may lead to disappointment and spoil the event too; quick loans can be the best choice to bridge the gap in such scenarios. Being occupied with the busy schedule, one can never go to the long processing needed by the bank as in the case of approval of other types of loans. Approval of these loans is very easy when you can show the lender stable income that enables you to repay the loan. There are even third party loan service providers to move your application to top of the pile.
Eligibility Check For Personal Loan
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Requirement
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Salaried
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Self- employed
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Age
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21-60 years
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21-60 years
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Employment status
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Employment for two years/ employed with current employer
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In business since last 5 years
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Income range
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4000-20000(varies for different banks)
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250,000-10,0000(varies for different banks)
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Credit score
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CIBIL score 350 – 900
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CIBIL score 350 - 900
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Documents Required
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Documents
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Salaried
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Self- employed
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Address proof
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Passport Copy/ Utility Bill (Electricity, Water)/ Rental Agreement/ Ration Card.
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- Voter ID/ Passport Copy/ Driving License/PAN card/ electricity bill/ Electricity bill/ Title deed/utility bill/municipal tax receipt.
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Identity proof
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Voter ID/ Passport Copy/ Driving License/PAN card/ ID card issued by employer
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Voter ID/ Passport Copy/ Driving License/PAN card
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Income proof
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Latest pay slips from past three months, bank statements for 6 months, current salary certificate
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Form 16 and a copy of ITR for the last two years,
past computation of income, Profit and Loss statement, and balance sheet certified by a C.A.
copies of acknowledged IT returns
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Application
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Duly filled and signed application form
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Duley filled and signed application form
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Photographs
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2 copies
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2 copies
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