Hero Fincorp Personal Loan

Hero Fincorp Personal Loan: 5 Lakh Instant Loan

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 rate2.08% per month or 25% p.a.
Loan AmountRs. 50,000 to  1.5 lakh
Credit ScoreMinimum 700+
Loan Tenure6 to 24 months
Eligibility Age21 to 58 years
Income RequiredRs. 15000/- Per month
Processing Fees2.5% + GST
Eligible ForSelf-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 rate2.08% per month (25% p.a.)
Processing fee2.5% + GST
Late ChargesDecide by the bank
Minimum Loan Tenure6 months
Maximum Loan Tenure24 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: [email protected]

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 [email protected]. 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.

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