Hero Fincorp provides up to 2 lakhs instant loans. This is no income-proof personal loan. The applicant with an excellent credit score is eligible to apply for Hero Fincorp Loan.
The maximum loan repayment tenure is 36 months. The competitive interest rate is 14% to 18% per annum.
Hero Fincorp Instant Loan
| Interest rate | 14% to 18% p.a. |
| Loan Amount | Rs. 10,000 to 2 lakh |
| Credit Score | Minimum 700+ |
| Loan Tenure | 6 to 36 months |
| Eligibility Age | 21 to 58 years |
| Income Required | NIL |
| Processing Fees | 2.5% + GST |
| Eligible For | Self-Employed/ Salaried Person |
Benefits of Hero Fincorp Instant Loan
Instant Approval: The Hero Fincorp instant loan provides instant loan approval. The maximum loan approval time is 30 minutes.
Minimal Documents: The less documentation process through Hero Fincorp. The KYC documents are only required to apply.
Competitive Interest: The competitive interest rate provided by Hero Fincorp. The interest rate is 14% to 18% per annum.
Digital Process: You don’t have to go branch to get an instant loan. You will get the whole process digitally.
No Hardcopy: No hardcopy will require to apply for Hero instant loan. Upload the KYC documents online.
No Income Proof: You may apply for a Hero loan without income proof.
Repayment Tenure: The repayment tenure is flexible. You will get 36-month repayment tenure.
Also Read: Personal Loan for Minimum Salary 12000
Eligibility Criteria for Hero Instant Loan
You should match the following eligibility criteria for Hero instant personal loan:
- Age: 21 to 58 years
- Indian Citizenship
- Credit Score: 730+
Documents Required for Hero Loan
- Identity Proof of Applicant (Pan Card)
- Applicant Address Proof (Aadhaar Card)
- Active Bank Account
Also Read: 4 Must-Have Features of Personal Loans
Hero Fincorp Instant Loan Interest Rate & Charges
| Interest rate | 14% to 18% p.a. |
| Processing fee | 2.5% + GST |
| Late Charges | Applicable |
How to Apply for Hero Fincorp Instant Loan
Step 1: Click on the “Hero Fincorp Instant Loan” button.
Step 2: Open the application & sign in through the phone number.
Step 3: Give your basic required details
Step 4: Enter your residential address
Step 5: After the eligibility check, Bank will give you a loan offer.
Step 6: Now, add your bank account for the e-mandate process.
Step 7: Loan will disburse within 72 hours.
FAQs on Hero Fincorp Instant Loan
I have no ITR file. Can I apply for Hero instant loan?
You can apply for Hero instant loan without an ITR file. Just KYC documents are enough to apply.
How much amount the instant loan Hero Fincorp provides?
Hero Fincorp is offering up to 2 lakhs instant loans without income proof.
How much CIBIL is required for a Hero instant loan?
The minimum credit score should be 730+ for Hero instant loan.
Which documents are required for Hero Fincorp Instant Loan?
The KYC documents like Aadhaar Card, Pan Card & Bank account will require.