Hyderabad, the City of Pearls, is a hub of opportunities, culture, and modern living. But managing expenses can be tough if your salary is ₹ 12,000. That’s where 24hrLoan steps in. We offer quick and reliable personal loans in Hyderabad, tailored for individuals earning as low as ₹12,000 per month.
Benefits of a Personal Loan in Hyderabad
Quick Fund Transfer: The Money disbursement process is a fast and instant process from 24hrLoan.
Minimal Documentation: Just your ID, address proof, salary slip, and 12-month bank statement required.
Flexible Tenure: Choose affordable monthly EMI from multiple lenders.
Lower Interest Rate: Borrow a personal loan at 9% to 32% from various NBFC companies.
Low Income Eligibility: You can digitally apply with a Rs. 12,000 salary. But your salary needs to be credited to your bank account.
Top Banks/NBFCs Provide Personal Loan in Hyderabad
| Lenders | Interest Rate (p.a.) | Net Salary | |
| 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 |
Eligibility Criteria for Personal Loan in Hyderabad
- Age: Employee age under 21 and 55 years
- Employment: Salaried (minimum ₹12,000/month) or Self-Employed (with stable income proof)
- Credit Score: Minimum 650+ (Not a defaulter within 1 year)
- Job Experience: Applicant job should be 12 months.
Documents Required
| Category | Documents |
| KYC Proof | PAN Card and Aadhaar Card |
| Salaried Documents | Last 3 months Salary Slip and Last 12 months Bank Statement |
| Self-employed Documents | Last 2 years ITR with balance sheet, profit loss. Business Registration Proof |
| Other Documents | Passport-sized photo, Electricity bill or Property tax |
Also Read: Personal Loan in West Nimar
How to Apply for a Personal Loan in Hyderabad at ₹12,000 Salary
You can apply to 24hrLoan easily in just a few minutes. Here’s how you can do it:
Step 1: Fill Out the Online Form
Visit our website and complete the quick application form with your basic details like name, mobile number, income, and location.
Step 2: Upload Your Documents
Provide the necessary documents:
- ID Proof: Aadhaar Card, Voter ID, or Driving License
- PAN Card
- Income Proof: Salary slip and last 12 months’ bank statement
Step 3: Get Instant Approval
Our system verifies your details in real-time. If eligible, you’ll receive an approval notification instantly.
Step 4: Receive Funds in 24 Hours
Once approved, the loan amount is transferred directly to your bank account within a couple of hours.
FAQs
-
I earn ₹12,000 and reside in Hyderabad; am I eligible for a personal loan?
If you earn at least ₹12,000 each month, you can easily apply for a personal loan through 24hrLoan. We provide small-ticket loans designed for individuals with modest incomes.
-
How much loan can I get on a ₹12,000 salary?
You can typically borrow between ₹50,000 and ₹5,00,000, depending on your income, repayment ability, and lender terms.
-
Do I need a salary slip to apply?
Yes, a salary slip and bank statement showing salary credit are usually required.
-
What documents are required?
1) Aadhaar Card
2) PAN Card
3) Salary slip
4) 12-month Bank Statement -
How fast will I get the loan amount?
With 24hrLoan, funds are typically disbursed within 48 hours of approval.
-
Will my credit score matter?
A good credit score improves your chances, but even if your credit score is low, you may still qualify for a small loan if you meet income and KYC requirements.
-
Is collateral required for this loan?
No. All our loans are unsecured, so you don’t need to pledge any assets.
-
Can I apply if I work in a private company or as a contract employee?
Yes. We accept applications from salaried individuals working in private companies, small businesses, or on contract, as long as you meet the income and document requirements.