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
Loans up to Rs. 40 lakh
Get a personal loan of up to Rs. 40 lakh to meet your diverse needs effortlessly.
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.
No hidden charges
As per our terms and conditions, no hidden charges are imposed. Pay nominal rates only.
Select a repayment schedule that best matches your financial capability. Tenors of up to 96 months are available.
Access online account
Through our customer portal – My Account, get access to your loan account online 24x7.
Lower the loan EMIs by up to 45%* and repay easily with our Flexi loan facility.
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. 40 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.
Eligibility criteria for Loans in Hyderabad
Match these personal loan eligibility criteria to qualify for a high loan amount in Hyderabad.
Indian, resident of India
Must be a salaried employee at a reputed MNC or a private/ public limited company
Between 21 years to 80 years*. 80 years* or younger, at the end of the loan tenure.
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.
Personal loan interest rates and applicable charges
Type of fee
Rate of interest
11% to 38% p.a.
Up to 3.93% of the loan amount (inclusive of applicable taxes).
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.
In case of default of repayment instrument, Rs. 700 - Rs. 1,200 per bounce will be levied.
*Foreclosure will be processed post clearance of first EMI
Delay in payment of monthly instalment shall attract penal interest at the rate of 42% per annum applicable on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment.
Stamp duty (as per respective state)
Payable as per state laws and deducted upfront from loan amount.
Mandate rejection charges
Rs. 450 per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate.
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
"Broken Period Interest/Pre-monthly Instalment interest" shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:
Scenario 1 - Over and above the period of 30 days from the date of disbursement of the Loan:
Method of recovery of Broken Period Interest/Pre-monthly Instalment interest:
Scenario 2: Less than period of 30 days from the date of disbursement of the Loan:
Interest on first instalment will be charged for actual number of days.
|Up to 1.18% of the loan amount (inclusive of applicable taxes).
Switch fee is applicable only in case of switch of loan. In switch cases, processing fees will not be applicable.
Note: Additional cess if any, will be applicable to all charges according to state law.
*Terms and conditions apply.
For Micro Finance Loans, please note below:
Purchase of any non-credit product by the microfinance borrowers is purely on a voluntary basis. Minimum interest, maximum interest, and average interest are 13%, 38%, and 35.71% per annum respectively. Part pre-payment and Foreclosure charges are NIL.