Personal Loan in
Hyderabad

Hyderabad is considered to be the paradise for job-seekers and tech lovers. Not only the city is the major IT hub of the country, but it is also rich in infrastructure and employment opportunities. In fact, as per the survey, Hyderabad is the best place to live in India. However, as the place offers so many benefits, the lifestyle and daily expenses is higher than most of the other places in the country.

So, probably this is the reason why there are a lot of people who are looking for personal loan to manage their expenses. And, if you are also one of them, then you are at the right place. At Rupee Station, we offer personal loans at lowest possible interest rates with flexible EMI options, which hardly any private personal loan agents in Hyderabad offers.

Purpose of Availing the Personal Loans in Hyderabad

As we all know personal loans solve most of our financial problems, it is a good idea to apply for it in times of crisis. And, if you are looking for the instant personal loan brokers in Hyderabad, we are the one stop solution. There are several benefits of availing the personal loans in Hyderabad via Rupee Station. And, amongst all, the best one is that you can use the funds of personal loans for various purposes, and is not restricted. Some of the major expenses that personal loans cover are:

• For marriage expenses
• For purchasing house/flat/plot or renovating the house.
• For purchasing a new car.
• For paying heavy medical expenses.
• For furnishing the house.
• Clearing off the bad debts.
• For doing a business.
• For higher education like in abroad.
• The loans can also be availed by farmers for managing agricultural needs at low interest rates.

Check the Eligibility Criteria

Despite the fact that Rupee Station is considered to be the best and easy personal loan providers in Hyderabad, we have certain eligibility criteria. However, unlike other loan providers, Rupee Station requires minimum eligibility to approve the loan application of the borrowers. Some of the basic criteria for the same are:

• Applicant should be an Indian national.
• More than 21 years of age for salaried and the minimum age of 25 will be considered for self-employed.
• Should have bank accounts in India.
• Average yearly income of Rs.3, 00,000 for salaried and Rs.4, 80,000 for self-employed.
• For salaried, it requires to have with the organization for at least 02 years, and minimum 03 years to have in their organization.
• Tenure of the loan period is from six months to five years.

Documents You Need to Submit:

Not only we offer personal loan for low CIBIL score in Hyderabad, but we also promise that you don’t have to face a tough documentation process. At Rupee Station, the process of submitting the documents is done online, and it hardly takes a few minutes for us to verify the documents and giving the approval on the same. So, here we have mentioned the list of some of the most important documents that you need to submit to apply for the loans. Take a look:

• Must have a valid individual identity proof like Aadhar card, PAN card, Voter ID card, and Driving License.
• All valid proofs like passport, telephone/electricity/water bills, and house rental agreements for a salaried individual.
• For self-employed, it requires submitting the Sole Proprietorship Declaration Or Certified Copy of Partnership Deed, the original certified original copy of Memorandum and Articles of Association (certified by Director) and Board resolution (Original)
• Latest Salary slip of at least 3/6 months for a salaried individual.
• Current ITR form along with balance sheet and P&L a/c with CA audited of last at least 02 years.