PERSONAL LOAN IN HYDERABAD

Hyderabad is known as a trade centre for diamonds and pearls and is therefore known as the ‘City of Pearls’. The growth of the financial services sector has helped in the evolution of the services industry. The city has a lot of street vendors who set up their own stalls and shops through their personal savings. A very small percentage of people go to moneylenders for borrowing. Personal loans are an idle option for initiating a small business and can help small vendors to kick start their career.

Personal loans in Hyderabad are provided at competitive interest rates by Stashfin. This makes personal loans the ideal option for fulfilling borrower’s financial needs. Funds disbursed can be used for any need like travel/holiday, medical treatment, marriage, engagement, festivals, purchase home appliances or home renovation. Special requirements for highly leveraged borrowers might include debt consolidation to pay off high-interest credit cards, hand loans and advance salary loans. These are online loans with minimal documentation and fast processing to ensure disbursals are done within days. Existing borrowers with a good repayment track can also avail a fresh or top-up loan with advantages like same day disbursal and lower processing fees. Stashfin is a leading digital lending platform to connect borrowers to facilitate easy personal loan access in Hyderabad.

Securing a personal loan in Hyderabad is not a lengthy process as it is a completely online secure process and involves minimal documentation and a short processing time. Certain requirements such as a decent credit history, adequate monthly salary and minimum age are important for obtaining a personal loan with ease. After you apply for a personal loan, your credit report containing your credit history and your final credit score is reviewed by us. We refer to your credit history to determine the level of interest rate, loan amount and tenure of the personal loan.

Features and Advantages of a Personal Loan offered by Stashfin

• Instant personal loan from ₹1000 to ₹5,00,000
• Flexible repayment options
• Competitive interest rates
• Minimal paperwork
• 100% safe and secure process

Eligibility Criteria for Stashfin Personal Loan in Hyderabad

• Indian Citizenship: Proof of nationality and address is required at the time of applying for the personal loan.
• Minimum Age Limit: An applicant must be at least 18 years old to avail a personal loan.
• Nature of Employment: To apply for a loan, you must be salaried or self-employed professional
• Income: Your monthly salary must exceed a minimum of ₹15,000 to avail a personal loan. The higher your income is, and more stable your job is, the greater are chances of your application being approved.
• NetBanking Access: Since we provide instant loans using online transfers, it is imperative for the applicant to have access to net banking with their salaried bank account.
• Good Credit History: A good credit score is an important factor in establishing creditworthiness. If your repayment ability is healthy, according to your financial profile, your chances of loan approval and provision of beneficial interest rates also increase.

Documents Required for Personal Loan in Hyderabad

Salaried:

• ID Proof - Pan Card
• Address Proof - Aadhaar Card
• Copy of cheque of salary bank account
• 3 month salary slip and 6 month bank statement till date

Self-employed:

• Income Tax
• GST Returns
• Proof of business ownership, and continuity
• Bank statements of the past 6 months
• Audited financials from the previous two years
• Office address proof.

Apply online for a personal loan , get instant approval and enjoy the power of instant money with the Stashfin.