Hero Fincorp is offering up to 5 lakhs instant loans. Also, you can apply for a loan through the Hero Fincorp app(the earlier name is Simply Cash) and get up to 1.5 lakhs. No verification is required if you apply from the app. This is a 100% digital process.
Apply for Hero Fincorp Personal Loan & get the money within 3 days.
Hero Fincorp Personal Loan Quick Recap
| Interest rate | 2.08% per month or 25% p.a. |
| Loan Amount | Rs. 50,000 to 1.5 lakh |
| Credit Score | Minimum 700+ |
| Loan Tenure | 6 to 24 months |
| Eligibility Age | 21 to 58 years |
| Income Required | Rs. 15000/- Per month |
| Processing Fees | 2.5% + GST |
| Eligible For | Self-Employed/ Salaried Person |
Benefits of Hero Fincorp Personal Loan
No Verification: Hero Fincorp is offering up to 1.5 lakhs instant loans without verification. This is a fast process.
Minimum Documents: Minimum documents will require to apply for a loan. Your KYC & income proof will require.
Digital Process: Apply for Hero Fincorp personal loan that is 100% digital. You can apply for a loan from anywhere.
Affordable Interest Rate: The interest rate starts from 14% to 25% per annum. It’s depending on your CIBIL score & credit history.
No Guarantor Require: You can apply for a loan without any guarantor.
Flexible Tenure: The loan tenure is 6 to 24 months. You can choose repayment tenure as per your requirement.
Also Read: IIFL Business Loan
Eligibility Criteria for Hero Fincorp Loan
The following eligibility criteria are required to apply for Hero Fincorp Loan:
- Indian Citizen
- Applicant’s age should be 21 to 58 years
- The minimum CIBIL score of 700+ require
- A net salary of 15,000 will require for a salaried person.
- If you are self-employed, a business vintage proof will require.
Documents Required for Hero Fincorp Loan
Salaried Person
- Pan Card
- Aadhaar Card
- Recent 6 month’s bank statement
- Recent 3-month Salary Slip
- Electricity bill / Gas bill / Rent agreement for residence proof.
Self Employed
- Pan Card
- Aadhaar Card
- Recent 6 month’s bank statement
- Trade License / IT File / GST File (Vintage proof)
- Electricity bill / Gas bill / Rent agreement for residence proof.
Also Read: Personal loan for minimum salary 13000
Interest Rate, Charges & Fees
| Interest rate | 2.08% per month (25% p.a.) |
| Processing fee | 2.5% + GST |
| Late Charges | Decide by the bank |
| Minimum Loan Tenure | 6 months |
| Maximum Loan Tenure | 24 months |
How to Apply for Hero Fincorp Personal Loan
Step 1: Click on the “Hero Fincorp Personal Loan” button.
Step 2: Install the application to start the process.
Step 3: Enter the basic details like a Pan card, Aadhaar Card & other details.
Step 4: Complete the KYC process.
Step 5: Now, add bank account details
Step 6: Bank will check your eligibility and give you the loan approval.
Step 7: After that, sign the loan agreement.
Step 8: Now, money will credit to a bank account.
Also Read: Home Credit Personal Loan
Hero Fincorp Customer Care
Contact Hero Fincorp customer care for process or other related queries. Customer care is happy to help you 24/7 hours.
Email ID: customer.care@herofincorp.com
FAQs on Hero Fincorp Personal Loan
Can I get the Hero Fincorp loan without verification?
Hero Fincorp provides up to 1.5 lakhs of instant loans without verification.
Am I eligible to apply without income proof?
If you have a good CIBIL score & good bank statement, you can apply without income proof. But you will get up to a 1.5 lakh loan.
How much does a loan Hero Fincorp offer?
Hero Fincorp offers up to 5 lakh instant loans for self-employed or salaried persons.
How to contact Hero Fincorp customer care?
Contact Hero Fincorp customer care at customer.care@herofincorp.com. Customer care will solve your queries within 24 hours.
Am I eligibile for Hero Fincorp loan at 18,000 salaries?
Hero Fincorp gives personal loans at 15,000 salaries. This is instant approval.
Is a salary slip required to apply for a loan?
You can apply without a salary slip through the Hero Fincorp app. But you will get up to 1.5 lakh loan only.