Top List of 160+ Term Loan Providers in Hyderabad. Get an instant Term Loan with low interest rate, Also apply for Short term loan, Long term loan, personal loan, and more. Find the best Term Loan service providers near your location. as on Oct 08, 2024

Saini Associates

Manikonda, Hyderabad, 500089

5.0/5 Based on 3 Reviews

+07666188798

Loans Business Loans Home Loans

+8 more

Response Time: Within 15 MinsSulekha score: 7.5

Saini Associates, located in Manikonda, Hyderabad, is a well-regarded financial service provider with a strong focus on customer satisfaction. They offer a range of financial solutions including tax consulting, auditing, and investment advisory services. The firm is known for its personalized approach, ensuring that each client receives tailored advice that suits their specific financial needs. With a team of experienced professionals, Saini Associates has built a reputation for reliability and efficiency in handling various financial matters. The office is conveniently situated near local landmarks, making it easily accessible for clients in the area. Their commitment to excellence has earned them positive reviews and a loyal client base in Hyderabad.

Available Loan Types:

Offering 9 different types of loans

Loan Amount Range:

From ₹10 Lakhs to ₹1 Crore
Depending on the type of loan

Yogendra Babu Challa from Hyderabad

"Fast in Execution and Quite reliable. Always on continuous follow up for the next steps to executed. Good Support"

SHEKAR from Hyderabad

"I want Housing Loan Job Any One Vacancy 958138 call 0722 me "

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Baig Associates

Banjara Hills, Hyderabad, 500034

4.9/5 Based on 78 Reviews

+08069874935

Loans Business Loans Car Loans

+13 more

Response Time: Within 15 MinsSulekha score: 9

Baig Associates, located in Banjara Hills, Hyderabad, specializes in offering a wide range of loan services to meet diverse financial needs. Established in 2016, this firm has built a reputation for reliability and customer satisfaction, catering to both individual and commercial clients. Their services include vehicle loans, home loans, mortgage loans, and loans against property, among others. The firm prides itself on its dedicated team of professionals who work tirelessly to find the best loan solutions for their clients. Operating with a high response rate and strong customer feedback, Baig Associates ensures that financial goals are within reach for all their customers.

Available Loan Types:

Offering 10+ different types of loans

Loan Amount Range:

From ₹10 Lakhs to ₹50 Lakhs and above
Depending on the type of loan

DUSHYANTH from Hyderabad

"I got information through news paper then i immediately contact Mr Khadar Valli Baig i think he is very good Behaviour and genuine person because for getting proper information about mortgage loan and easy to get mortgage loan as per our requirement, "

MMS Steels Power Private Ltd from Hyderabad

"He is good service and genuine service in Hyderabad baig Associates "

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MKN Loan

Chennai, Chennai, 600060

( Also serves in Hyderabad )

+07569004951

Loans Business Loans CC Limit Loans

+8 more

Response Time: More than 60 MinsSulekha score: 4.3

MKN Loan in Chennai offers a range of financial services, specializing in providing various types of loans to meet the diverse needs of their clients. They focus on quick and hassle-free loan disbursement processes, ensuring that customers receive funds in a timely manner. Their loan offerings include business loans, personal loans, and loans against property, catering to both individuals and businesses. MKN Loan is known for its customer-centric approach, with a dedicated team that assists clients in selecting the most suitable loan products based on their specific financial requirements. The business operates with a strong commitment to transparency, ensuring that there are no hidden charges or unexpected costs. With a responsive and professional team, MKN Loan has built a reputation for reliability and trust in the Chennai financial services sector.

Available Loan Types:

Offering 10 different types of loans

Loan Amount Range:

From ₹20 Lakhs to ₹1 Crore and above
Depending on the type of loan

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Finano Services

Ghanghola, Greater Noida, 201318

( Also serves in Hyderabad )

5.0/5 Based on 1 Reviews

+08061344715

Loans Term Loans

Response Time: Within 15 MinsSulekha score: 7.4

Finano Services, located in Ghanghola, Greater Noida, is a reputable financial services provider offering a range of loan solutions. They specialize in personal loans, home loans, and loan against property, catering to both individual and business needs. With a strong focus on customer satisfaction, they ensure fast approval processes and personalized services. Their experienced team helps clients navigate through complex financial decisions, making it easier to secure the best loan options. They operate with flexible terms and competitive interest rates, making them a reliable choice for those seeking financial support. The business is known for its transparency and efficient services, making them a trusted name in the financial sector?

Available Loan Types:

Offering 3 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹40 Lakhs
Depending on the type of loan

Mayank Gupta from Greater Noida

"Exceptional Support from the staff throughout the procedure and I finally get the amount though my cibil is weak. Highly recommended!!"

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Global Indo Financial Services

Sector 52, Chandigarh, 160059

( Also serves in Hyderabad )

4.6/5 Based on 9 Reviews

+09021122700

Loans Business Loans CC Limit Loans

+6 more

Response Time: Within 15 MinsSulekha score: 7

Global Indo Financial Services, located in Sector 52, Chandigarh, offers a range of financial services including personal loans, home loans, business loans, and loans against property. The firm is known for providing customized solutions to meet individual financial needs. With a focus on quick processing and transparent terms, they cater to clients across Chandigarh. Their team of experts is dedicated to ensuring a seamless loan application experience. They are highly rated by users for their professional approach and customer satisfaction?

Available Loan Types:

Offering 8 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹1 Crore
Depending on the type of loan

Arun from Chandigarh

"Trustable company I applied loan last few day's ago nd maximum he will take 7/10 days for disbursement loan amount without any extra charges I received my amount yesterday in bank account. "

Guest from Chandigarh

"Most trusted company "

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BT Finance

Dahisar West, Mumbai, 400068

( Also serves in Hyderabad )

4.2/5 Based on 5 Reviews

+08035427389

Loans Business Loans CC Limit Loans

+12 more

Response Time: Within 30 Mins Sulekha score: 6.5

BT Finance, located in Dahisar West, Mumbai, is a reputable financial institution known for providing a wide range of loan services. They specialize in offering personal loans, business loans, home loans, and mortgage loans tailored to meet the diverse needs of their clients. With a commitment to customer satisfaction, BT Finance prides itself on its fast approval process and flexible loan terms, making it an ideal choice for individuals and businesses seeking financial assistance. Their team of experienced professionals is dedicated to guiding clients through the loan process, ensuring a smooth and efficient experience from application to disbursement

Available Loan Types:

Offering 3+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹15 Lakhs and above
Depending on the type of loan

Sabita chutiya Gogoi from Mumbai

"Hsbsjsbbshdbdbbdbdbdbdbslsnsbdjsbsksmms"

Pravendra Kumar from Mumbai

"My parsnol loan emergency sir/maim"

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Manappuram Finance Limited

Beside Shivani Womans College, Hyderabad, 500035

5.0/5 Based on 1 Reviews

Loans Business Loans Car Loans

+11 more

Working hours: 9:30 AM to 6:30 PMHired on Sulekha: 1 time

less

Ganesh Bhala from Hyderabad

"Yes loan chahiye jaldi arjant. Makan ke liye chahiye"

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Fedbank Financial Services Ltd

Begumpet, Hyderabad, 500016

+09883035058

Loans Business Loans CC Limit Loans

+7 more

Working hours: 9:30 AM to 6:30 PM

less

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Fedbank Financial Services Ltd

Kukatpally, Hyderabad, 500072

+08035428324

Loans Business Loans CC Limit Loans

+7 more

Working hours: 09:30 AM to 05:30 PM

less

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Manappuram Finance Limited

Opposite HDFC Bank, Hyderabad, 500072

Loans Business Loans Car Loans

+11 more

Working hours: 10:00 AM to 7:00 PM

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Why Choose Sulekha?

Sulekha is your go-to platform for finding a wide variety of loan providers catering to diverse financial needs such as personal loans, term loans, home loans, vehicle loans, car loans, education loans, and more. With Sulekha, you gain access to a comprehensive network of reputable lenders, ensuring you find the perfect match for your specific requirements. The platform simplifies your search process, saving you time and effort by connecting you with trusted professionals who can offer tailored loan solutions. Choose Sulekha for a seamless and efficient loan-seeking experience.

1. When to Consider Taking Out a Term Loan?

Business Expansion: Opening new locations or upgrading facilities often requires significant capital. A term loan can provide the necessary funds to support these growth initiatives, allowing you to spread out the costs over time.
Large Capital Expenditures: When purchasing expensive equipment or real estate, a term loan can be beneficial. This allows businesses to invest in assets that enhance productivity and profitability without depleting cash reserves.
Refinancing Existing Debt: Consolidating multiple high-interest debts into a single term loan with a lower interest rate can reduce overall interest payments and simplify financial management, making it easier to focus on business operations.
Stable Revenue Stream: If your business has a predictable revenue stream, managing the monthly payments of a term loan can be feasible. This stability ensures that loan repayments can be made without disrupting other financial commitments.
Specific Funding Needs: For working capital, marketing campaigns, or product development, a term loan can provide the required funds. This targeted use of the loan can drive future revenue growth and operational efficiency.
Building Credit History: For new businesses, taking out a term loan and making timely payments can help establish and build a strong credit history. This can improve future borrowing terms and overall financial credibility.
Emergencies and Unexpected Opportunities: Term loans can offer quick access to funds during emergencies or when lucrative business opportunities arise. This flexibility allows you to address urgent needs or capitalize on time-sensitive opportunities.

2. Eligibility Criteria for Taking a Term Loan?

Age of the Applicant: Individuals should typically be between 21 to 65 years old at the time of loan maturity. For businesses, lenders generally require the business to have been operational for at least 2-3 years.
Credit Score: A good credit score is crucial, with most lenders preferring a score of 650 or above. A higher credit score can increase the chances of loan approval and may result in more favorable terms and interest rates.
Income and Employment Stability: Individuals must provide proof of steady income through salary slips, income tax returns, and bank statements. Businesses need to show financial statements, tax returns, and consistent revenue over the past few years to demonstrate financial stability.
Business Financial Health (for business loans): Lenders look for profitable businesses with positive cash flow to ensure loan repayment ability. Detailed financial records and a clear picture of future earnings potential are essential for approval.
Collateral: Term loans are often secured, requiring collateral such as property, equipment, or other valuable assets. The value and type of collateral can significantly impact the loan amount and terms offered by the lender.
Loan Purpose: Clear documentation and explanation of the loan purpose, whether for business expansion, equipment purchase, or working capital, is essential. This helps lenders understand how the loan will be used and its expected benefits.
Existing Debt: Lenders assess existing debt obligations to ensure the applicant can manage additional loan repayments without financial strain. A manageable level of existing debt improves the chances of loan approval.
Business Plan (for business loans): A detailed business plan outlining the loan purpose, expected benefits, and repayment strategy is crucial. This plan helps lenders understand how the loan will contribute to business growth and profitability.
Legal and Regulatory Compliance: The business should comply with all relevant laws and regulations, and proper licensing and permits should be in place. Compliance ensures that the business operates within legal boundaries, reducing risks for lenders.
Relationship with the Lender: Existing relationships with the lender, such as maintaining business accounts or previous loans, can be beneficial. A good repayment history with the lender can positively influence the loan approval process and terms.

3. What are the Benefits and Advantages of a Term Loan?

Predictable Repayment Schedule: Term loans come with fixed monthly payments, making it easier for borrowers to budget and manage cash flow. They have a specific end date, providing clarity on when the debt will be fully paid off.
Fixed Interest Rates: Many term loans have fixed interest rates, ensuring that the cost of borrowing remains constant throughout the loan term. This stability protects borrowers from fluctuations in interest rates.
Larger Loan Amounts: Term loans often provide larger sums of money compared to other types of loans, making them suitable for significant investments such as business expansions, equipment purchases, or real estate acquisitions.
Flexibility in Usage: Borrowers can use term loan funds for various purposes, including working capital, purchasing assets, refinancing other debts, or funding specific projects.
Builds Credit History: Successfully repaying a term loan can help improve the borrower's credit score, enhancing their ability to secure future financing on favorable terms.
Interest Tax Deduction: For businesses, the interest paid on term loans is often tax-deductible, reducing the overall cost of borrowing.
Longer Repayment Periods: Term loans can have extended repayment periods, sometimes up to 10-30 years for real estate loans, making the payments more manageable.
Structured Repayment Plans: Many term loans are amortized, meaning each payment covers both interest and principal, gradually reducing the loan balance over time.
Potential for Lower Interest Rates: If the term loan is secured by collateral (such as property or equipment), borrowers may benefit from lower interest rates compared to unsecured loans.
Enhanced Business Growth: Term loans provide the necessary capital for businesses to invest in growth opportunities such as expanding operations, entering new markets, or developing new products.

4. Important Factors to Consider When Taking a Term Loan?

Interest Rate: Determine whether the interest rate is fixed or variable, as this affects your monthly payments and total interest cost. Look at the Annual Percentage Rate (APR), which includes the interest rate plus any fees or other costs, providing a more accurate picture of the loan's overall cost.
Loan Amount: Ensure the loan amount meets your financial needs without being excessive, as borrowing more than necessary can lead to higher interest payments. It's crucial to find a balance that covers your needs but remains manageable.
Repayment Term: Consider whether a short-term or long-term repayment period is better for your financial situation. Shorter terms generally have higher monthly payments but lower total interest costs, while longer terms have lower monthly payments but higher overall interest.
Monthly Payment: Ensure the monthly payment is affordable within your budget. Use a loan calculator to understand how different terms and interest rates impact your payments, helping you to choose a loan that fits your financial plan.
Fees and Charges: Be aware of any origination fees, prepayment penalties, and late fees associated with the loan. These can significantly impact the overall cost and flexibility of the loan.
Credit Score Requirements: Your credit score affects your eligibility and the interest rate offered. Ensure your credit score meets the lender's requirements to qualify for favorable terms, and work on improving it if necessary.
Collateral: Determine if the loan is secured or unsecured. Secured loans require collateral, which can be seized if you default, while unsecured loans do not require collateral but typically have higher interest rates.
Lender's Reputation: Research the lender’s reputation, customer service, and reviews. A reputable lender will offer transparent terms and good customer support, ensuring a smoother loan process.
Loan Purpose: Clearly define the purpose of the loan and ensure it aligns with your financial goals. Different loans may have specific terms based on their intended use, such as business expansion or home renovation.
Economic Conditions: Consider current and future economic conditions that may affect your ability to repay the loan. Economic downturns can impact your income and employment, affecting your repayment capacity.
Documentation and Eligibility: Understand the required documentation and ensure you meet all eligibility criteria, such as proof of income and employment history, to avoid delays or rejections.
Legal and Regulatory Aspects: Be aware of any legal or regulatory requirements related to the loan, especially if borrowing from a foreign or online lender, to ensure compliance and avoid potential legal issues.

5. Term Loan Interest Rates?

Bank Name	Term Loan Interest Rate (per annum)	Loan Amount	Tenure Range
State Bank of India	7.50% - 10.25%	Up to ₹2 crore	1 - 15 years
HDFC Bank	8.25% - 11.50%	Up to ₹10 crore	1 - 15 years
ICICI Bank	8.35% - 11.75%	Up to ₹5 crore	1 - 10 years
Axis Bank	8.40% - 11.90%	Up to ₹5 crore	1 - 10 years
Punjab National Bank	7.75% - 10.50%	Up to ₹1 crore	1 - 10 years
Bank of Baroda	7.60% - 10.40%	Up to ₹2 crore	1 - 12 years
Canara Bank	7.85% - 11.20%	Up to ₹2 crore	1 - 12 years
Kotak Mahindra Bank	8.50% - 12.00%	Up to ₹10 crore	1 - 15 years
Union Bank of India	7.70% - 10.75%	Up to ₹1 crore	1 - 10 years
IDFC First Bank	8.75% - 12.50%	Up to ₹5 crore	1 - 10 years

Please note: Interest rates and fees can vary based on the loan amount, tenure, credit profile of the borrower, and specific bank policies. It is advisable to check with the respective bank for the most accurate and updated information.

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Most Common Questions About Term Loans

1. Who are the best Term Loan providers in Hyderabad?

2. What documents are required for a Term loan?

You will typically need identification proof (like a PAN card or passport), address proof (such as a utility bill or Aadhaar card), income proof (like salary slips or IT returns), bank statements, and any collateral documents if required.

3. What are the eligibility criteria for a Term loan?

Eligibility criteria generally include a minimum age (usually 21 years), stable income, a good credit score, and fulfilling the lender's specific employment or business requirements. Collateral may be required for secured term loans.

4. How do I apply for a Term loan online?

To apply online, you can apply online with the Sulekha form above with your loan requirements, and connect with the best loan providers that suit your needs. Visit the lender's website, fill out the application form with personal and financial details, upload the required documents, and submit the form. You'll receive a response from the lender after they review your application.

5. How can I get an instant Term loan?

Instant term loans can be obtained from lenders offering quick disbursement services. Ensure you meet their eligibility criteria, have all required documents ready, and apply online through their quick approval process.

6. What is the percentage rate for Term loans?

The interest rate for term loans varies depending on the lender, borrower’s credit profile, loan amount, and tenure. Rates typically range from 8% to 18% per annum but can differ based on individual circumstances and market conditions.

7. Can I get a Term loan with a low CIBIL score?

It is possible, but challenging, to get a term loan with a low CIBIL score. Lenders may charge higher interest rates or require collateral. Improving your credit score beforehand can increase your chances of approval.

8. What is the processing fee for a Term loan?

Processing fees for term loans vary by lender and are generally between 1% to 2% of the loan amount. Some lenders may also have a minimum fee regardless of the loan size.

9. Can I get a Term loan with a bad credit score?

Obtaining a term loan with a bad credit score is difficult but possible. You may need to provide collateral or a co-signer, and expect higher interest rates. Some specialized lenders cater to high-risk borrowers.

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4.2

Based on 39 Reviews

Universal Traders Chikkadpally

18 Oct, 2023

vijayalakshmi cheated me she took 20000 from me promosing me loan of 8 lakhs , she switched off her mobile , already filed a complaint with cyber crime cell , please dont trust her she is a fraud

Harsha Ameerpet

13 Mar, 2023

This is Harsha, I have taken services from True Money Financial Solutions And Services. Sravan guided me in every prospects and helped me to get my Home Loan. So i request every one to connect with True Money Financial Solutions And Services for any kind of Home loans, Business loans, Mortgage loans etc.

Amulya Hasmathpet

20 Aug, 2020

i havent seen such an arrogant and unethical person in service industry. he is not a recommended person at all

Srinivas Hasmathpet

24 Jan, 2020

Processed my loan from Keerthi SOLUTIONS and got sanctioned within stipulated time. Good support and guidance

Raju Himayat Nagar

17 Oct, 2019

Dear LOANGYANI team..... its truely an amazing professional service and advice you have provided and it really helped me to get coreect guidance whi h i was not been able to get from ur competitors except tall promises. Basis ur guidance we moved foreard and are happy that our requirement has been met in 9 working days through. I wish All the Best and Success to LOANGYANI TEAM

Kiran reddy Ameerpet

04 Apr, 2018

Waste of time waste of money I received bussiness loan 22 lakhs this January from BAJAJ from this consultant (KURAKULAS solutions) executive telling me 15.5% rate of Intrest and no insurance and processing fee is 1% also agreement done But present situation is 20% rate of Intrest, processing fee is 2% and insurance is 2% Totally I lost 85 thousand and every month I lost 2 thousand rupees Totally waste of time waste of money totally fruad I ll give rate only 0.5%

Kishore Akkanapaly Begumpet

17 Feb, 2018

Hi sir this is Kishore Akkanapalli from Hyderabad kphb,i am your costumer an Aditya Birla finance, sir the problem is i am appliyed loan for that I give 3 cheques emtey with signature. But his using that for parsonal his taken 12500 from my a/c his telling that for prossing fees.. please help me sir that parson name is manikanta RM in begampet branch... please help me sir please....

naresh A.S. Rao Nagar

19 Dec, 2017

Here all loans facility's available and workers also good check all documents clearly and give the loan if any problems they will do n clear am happy..

Top Term Loan in Hyderabad

What type of business loan do you need?

Find the Top Term Loan Providers from Sulekha in Hyderabad

Top List of 160+ Term Loan Providers in Hyderabad. Get an instant Term Loan with low interest rate, Also apply for Short term loan, Long term loan, personal loan, and more. Find the best Term Loan service providers near your location. as on Oct 08, 2024

Saini Associates

Baig Associates

MKN Loan

Finano Services

Global Indo Financial Services

BT Finance

Manappuram Finance Limited

Fedbank Financial Services Ltd

Fedbank Financial Services Ltd

Manappuram Finance Limited

Latest User Reviews for Term Loan in Hyderabad

Recent Enquiries for Term Loan in Hyderabad

Why Choose Sulekha?

1. When to Consider Taking Out a Term Loan?

2. Eligibility Criteria for Taking a Term Loan?

3. What are the Benefits and Advantages of a Term Loan?

4. Important Factors to Consider When Taking a Term Loan?

5. Term Loan Interest Rates?

Most Common Questions About Term Loans

1. Who are the best Term Loan providers in Hyderabad?

2. What documents are required for a Term loan?

3. What are the eligibility criteria for a Term loan?

4. How do I apply for a Term loan online?

5. How can I get an instant Term loan?

6. What is the percentage rate for Term loans?

7. Can I get a Term loan with a low CIBIL score?

8. What is the processing fee for a Term loan?

9. Can I get a Term loan with a bad credit score?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application