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Hero FinCorp Personal Loan

Get instant Herofincorp personal loan up to Rs. 5 Lakhs online without any collateral. This personal loan requires minimal documentation and can be repaid in 60 months tenure. Hero finance personal loan rate of interest is very affordable and the foreclosure of loan is also allowed.

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Hero FinCorp Personal Loan Details

Following are the key Hero FinCorp personal loan details

Loan amountRs. 50,000 - Rs. 5 Lakhs
Tenure1 - 5 years
Rate of interestUp to 25% p.a.
Processing fee2.5% of the loan amount + applicable taxes 
Minimum incomeRs. 15,000 per month
Minimum age21 years

Hero FinCorp Personal loan Features & Benefits

  • Hero FinCorp loan is disbursed within a few minutes once you submit all the required documents.
  • Loan amount can be used for home renovation, family functions, weddings, travel, shopping, urgent medical treatments, and other personal financial requirements.
  • Loan amount varies from Rs. 50,000 to Rs. 5 Lakhs.
  • Hero FinCorp personal loan interest rate can go up to a maximum of 25% p.a.
  • Flexible repayment tenure of up to 60 months.
  • Foreclosure of loan is allowed.
  • Collateral-free personal loan interest rates at affordable rates.
  • Quick and hassle-free online processing. 
  • Instant loan approval with minimal documentation.
  • No hidden charges are involved.
  • Prompt customer service.
  • Hero FinCorp loan status is shared instantly through SMS and Email.

Also Check: Compare Best Banks for Personal Loan

Hero FinCorp Personal Loan Eligibility

Following are the detailed Hero FinCorp personal loan eligibility criteria:

Eligibility Criteria for Salaried Applicants

  • Salaried individual minimum age should be at least 21 years when applying for the loan.
  • Maximum age should not be beyond 58 years when the loan matures.
  • The applicant must be employed with the current organisation for at least the last 6 months.
  • Minimum income should be at least Rs. 15,000 per month.
  • Credit score is also a major factor which impact the interest rate of personal loan. So, check free credit score before applying for a loan.

**You can check Credit Score online for Free by PAN number on our MyMoneyMantra website.

Eligibility Criteria for Self-employed

  • Minimum age should be at least 21 years when applying for the loan.
  • Maximum age should not be beyond 58 years when the loan matures.
  • The self-employed can avail loan if the applicant should be in the current business for a minimum of 2 years.
  • The last ITR filed should be above Rs. 2 Lakhs in value.

Document Required for Hero FinCorp Personal loan

If you need Hero FinCorp personal loan apply online along with the following documents:

Documents Required for Salaried Applicants

  • KYC documents: Identity and address proof.
  • Proof of income: Last 6 months’ bank statement or salary slips.
  • Photograph: One recent passport size photograph.
  • Other documents: Aadhar Card and PAN Card.

Documents Required for Self-employed Applicants

  • KYC documents: Identity and address proof.
  • Proof of income: Last 6 months’ bank statement. 
  • Photograph: One recent passport size photograph.
  • Other documents: Aadhar Card and PAN Card.

Hero FinCorp Personal Loan Customer Care

To reach Hero FinCorp customer care, you can contact through any of the following ways:

Also Check: Check other banks Personal Loan Customer Care

Hero Fincorp Loan Payment

You can make Hero Fincorp loan payment through any of the following ways:

  • E-wallet: Paytm, PhonePe, MobiKwik and Airtel.
  • Internet Banking: State Bank of India, HDFC Bank, ICICI Bank, Axis Bank, or any other bank’s internet banking account.
  • iCash: You can pay Hero Fincorp loan through iCash as well.
  • Debit Card: Visa, MasterCard, Maestro, and RuPay.
  • UPI: The payment can also be done via any UPI app.

Check free credit score for personal loan

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