Managing finances in a growing city like Khammam can sometimes be challenging, especially when unexpected expenses arise. Whether it’s a medical emergency, home repairs, education fees, travel, or any personal need, getting funds quickly becomes essential.
24hrLoan, in partnership with multiple top banks and NBFC lenders, offers easy personal loans starting from a ₹12,000 monthly salary. With competitive interest rates ranging from 16% to 22% per annum, borrowers in Khammam can secure loans of up to ₹5,00,000 with minimal documentation and fast approval. Our goal is to make borrowing simple, transparent, and accessible for every salaried employee in Khammam.
Features of Personal Loan in Khammam
| Feature | Details |
| Loan Amount | ₹20,000 – ₹5,00,000 |
| Interest Rate | 16% – 22% p.a. |
| Minimum Salary Required | ₹12,000 monthly income |
| Tenure | 6 to 36 months |
| Approval Time | 2 to 24 hours |
| Loan Type | Unsecured (No collateral) |
Benefits of Taking a Personal Loan in Khammam
Getting a personal loan through 24hrLoan offers several exclusive benefits that make the borrowing experience smoother and more reliable:
1. Low Salary Eligibility – Start from ₹12,000
Even if you are earning just ₹12,000 per month, you can still qualify for a personal loan. This helps entry-level employees, recent graduates, and workers at small private companies easily access credit.
2. Higher Loan Amount – Up to ₹5 Lakh
Based on your income and profile, you can borrow anywhere between ₹20,000 to ₹5,00,000. This flexibility allows you to manage both small and big expenses without financial stress.
3. Fast Approval & Same-Day Disbursal
Most applications are processed within 2 to 24 hours. Once approved, the loan amount is transferred directly to your bank account, ensuring immediate financial support.
4. Multiple Bank Options
We work with several banks and NBFCs. So even if one lender rejects your application, another can approve it. This increases your overall loan approval probability.
5. No Collateral Required
Our personal loans are 100% unsecured, meaning you don’t need to pledge any property, jewellery, or vehicle.
6. Flexible Tenure (6 to 36 Months)
People who borrow money can choose a payment plan that works for them.
Also Read: 20,000 Loan Without CIBIL Score
Eligibility Criteria for Khammam Personal Loan
You can apply if:
- Age: 21 to 55 years
- Minimum Salary: ₹12,000 per month
- Salaried employees from any private or government company
- Income should be received via a bank account
- Preferably 700+ CIBIL score, but low-score cases can still be considered
Documents Required
To apply for a 24hrLoan personal loan in Khammam, you need:
- Aadhaar Card
- PAN Card
- Last 12 months bank statement
- Latest salary slip (if available)
- Selfie or photo
The entire process is digital and paperless.
Compare Lenders for Personal Loan in Khammam
| Lenders | Interest Rate (p.a.) | Salary Per Month | |
| WeRize | 16% to 18% p.a. | Rs. 12,000 | Apply Now |
| MoneyView | 1.33% per month | Rs. 13,500 | Apply Now |
| InCred | 11.49% to 18% p.a. | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | Rs. 18,000 | Apply Now |
| Prefr | 18% to 36% p.a. | Rs. 18,000 | Apply Now |
| Finnable | 16% to 22% p.a. | Rs. 15,000 | Apply Now |
| IDFC | 12.50% to 18% p.a. | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | Rs. 18,000 | Apply Now |
| Upward | 9% to 32% p.a. | Rs. 18,000 | Apply Now |
| mPokket | 1% to 6% per month | Rs. 9,000 | Apply Now |
Why Khammam Residents Prefer 24hrLoan
Here’s what makes us a preferred lending partner:
- Faster than banks
- Higher approval rate
- Works with multiple lenders
- Low-income friendly
- No physical paperwork
- Transparent loan process
- Instant customer support
24hrLoan provides quick and simple personal loans to people throughout Khammam, including those living in Wyra Road, Madhira, Bhadrachalam Road, Rotary Nagar, Mayuri Center, and neighboring areas.
Personal Loan EMI Calculation – ₹1,00,000 Loan
| Rate | Tenure | EMI |
| 16% p.a. | 12 months | ₹9,100 |
| 18% p.a. | 24 months | ₹4,990 |
| 20% p.a. | 36 months | ₹3,715 |
| 22% p.a. | 48 months | ₹3,059 |
How to Apply for a Personal Loan in Khammam
Applying through 24hrLoan is quick:
Step 1: Fill out basic details online
Step 2: Compare offers from multiple banks/NBFCs
Step 3: Upload KYC and income documents
Step 4: Get loan approval within hours
Step 5: Receive money directly in your bank
That’s it! No long queues. No lengthy procedures.
Also Read: Personal Loan in Ludhiana
Conclusion
Personal Loan in Khammam through 24hrLoan is the perfect financial solution for anyone looking for quick money with minimal hassle. With low salary eligibility, fast processing, and up to ₹5 lakh loan amount, 24hrLoan ensures easy access to credit for every salaried individual.
FAQs – Personal Loan in Khammam
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What is the minimum salary required for a personal loan in Khammam?
You can get a personal loan in Khammam with a minimum salary of ₹12,000 per month through 24hrLoan. We work with multiple lenders who provide loan options for low-salary employees as well.
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How much loan amount can I get?
Borrowers can get anywhere from ₹20,000 to ₹5,00,000 depending on their income, company type, credit score, and bank statements.
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What is the interest rate for personal loans in Khammam?
Interest rates typically range between 16% to 22% per annum, depending on your credit profile and salary.
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What is the waiting period for loan approval?
Generally, customers are approved on the same day, typically between 2 and 24 hours after they provide the necessary paperwork.
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Do I need a CIBIL score for getting the loan?
A CIBIL score of 700+ increases your chances of approval. However, some of our partnered lenders also accept low CIBIL or new-to-credit applicants.
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Is collateral required for a personal loan?
No. Personal loans offered through 24hrLoan are 100% unsecured, which means you do not need any collateral, guarantor, or security.