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Bajaj Finserv in your city

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.

Avail of an instant personal loan from Bajaj Finserv in Hyderabad at reasonable interest rates and 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 %$$PL-Loan-Amount$$%

    Loans up to Rs. 40 lakh

    Get a personal loan of up to Rs. 40 lakh to meet your diverse needs effortlessly.

  • Fast approval

    Fast approval

    Get fast approval on online loan applications with Bajaj Finserv and save yourself the hassle of waiting in queues.

  • No hidden charges

    No hidden charges

    As per our terms and conditions, no hidden charges are imposed. Pay nominal rates only.

  • Repay easily

    Repay easily

    Select a repayment schedule that best matches your financial capability. Tenors of up to 96 months are available.

  • Access online account

    Access online account

    Through our customer portal – My Account, get access to your loan account online 24x7.

  • Minimal documentation

    Minimal documentation

    Enjoy a hassle-free documentation process with minimum paperwork.
  • Reduce EMIs

    Reduce EMIs

    Lower the loan EMIs by up to 45%* and repay easily with our Flexi loan facility.

  • Money in bank in %$$PL-Disbursal$$%*

    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.

*Conditions apply

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Eligibility criteria for Loans in Hyderabad

Match these personal loan eligibility criteria to qualify for a high loan amount in Hyderabad.

  • Nationality

    Nationality

    Indian, resident of India

  • Employment

    Employment

    Must be a salaried employee at a reputed MNC or a private/ public limited company

  • Credit score

    Credit score

    Above 685

  • Age

    Age

    Between 21 years to 80 years*

  • Income

    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.

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Interest rates and charges for Loans in Hyderabad

Borrow a personal loan in Hyderabad with nominal fees and charges.

Personal loan interest rates and applicable charges

Type of fee

Applicable charges

Rate of interest

11% to 35% p.a.

Processing fees

Up to 3.93% of the loan amount (inclusive of applicable taxes).
Flexi Fee

Term Loan – Not applicable

Flexi variant - A fee will be deducted upfront from the loan amount (as applicable below)

  • Up to Rs. 1,999/- for loan amount less than Rs. 2,00,000
  • Up to Rs. 3,999/- for loan amount from Rs. 2,00,000 to Rs. 3,99,999
  • Up to Rs. 5,999/- for loan amount from Rs. 4,00,000 to Rs. 5,99,999
  • Up to Rs. 7,999/- for loan amount from Rs. 6,00,000 to Rs. 9,99,999
  • Up to Rs. 8,999/- for loan amount from Rs. 10,00,000 to Rs. 14,99,999
  • Up to Rs. 9,999/- for loan amount from Rs. 15,00,000 to Rs. 19,99,999
  • Up to Rs. 10,999/- for loan amount from Rs. 20,00,000 to Rs. 24,99,999
  • Up to Rs. 11,999/- for loan amount from Rs. 25,00,000 to Rs. 29,99,999
  • Up to Rs. 12,999/- for loan amount of Rs. 30,00,000 and above

*All the Flexi charges above are inclusive of applicable taxes

*Loan amount includes approved loan amount, insurance premium, and VAS charges.

Bounce charges

In case of default of repayment instrument, Rs. 700 - Rs. 1,200 per bounce will be levied.
Pre-payment charges

Full Prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment.
  • Flexi Term Loan (Flexi Dropline): Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as on the date of full prepayment.
  • Flexi Hybrid Loan: Up to 4.72% (inclusive of applicable taxes) of the total withdrawable amount as per the repayment schedule as of the date of full prepayment.

Part-prepayment

  • Term Loan: Up to 4.72% (inclusive of applicable taxes) of the principal amount of the loan prepaid on the date of such part-prepayment.
  • Not Applicable for Flexi Term Loan (Flexi Dropline) and Flexi Hybrid.

*Foreclosure will be processed post clearance of first EMI

Penal Interest

Any delay in payment of monthly instalment shall attract penal interest at the rate of 3.50% per month on the monthly instalment outstanding, from the respective due date until the date of receipt of the monthly instalment.

Stamp duty

Payable as per state laws and deducted upfront from loan amount.
Mandate registration charges Re. 1 (inclusive of applicable taxes) applicable in case of UPI mandate registration.

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-EMI Interest

Broken period interest/ Pre-EMI interest shall mean the amount of interest on Loan for the number of day(s) which is(are) charged in two scenarios:

Scenario 1 – More than 30 days from the date of loan disbursal till the first EMI is charged:

In this scenario, broken period interest is recovered by the following methods:

  • For Term Loan: Deducted from the loan disbursement
  • For Flexi Term Loan: Added to the first instalment
  • For Flexi Hybrid Loan: Added to the first instalment

Scenario 2 – Less than 30 days from the date of loan disbursal till the first EMI is charged:

In this scenario, the interest rate is charged only for the actual number of days since the loan was disbursed.
Switch fee 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.

*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%, 35%, and 34.45% per annum respectively. Part pre-payment and Foreclosure charges are NIL.

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