Hero FinCorp Personal Loan

Hero FinCorp Personal Loan offers instant loans up to ₹5 lakh at 19 to 30% p.a., and enjoy flexible repayment tenures ranging from 6 to 36 months. Enjoy a hassle-free online application, minimal documentation, real-time approval, and quick disbursal. Eligibility requires a minimum monthly salary of ₹15,000, making it accessible for salaried individuals.

  • Details
  • Features & Benefits
  • Eligibility Criteria
  • Required Document
  • Customer Care Details
  • Hero Fincorp Loan Payment

Hero FinCorp Personal Loan Details

Loan amountRs. 50,000 - Rs. 5 Lakhs
Tenure6 - 36 months
Rate of interest19 to 30% p.a.
Processing fee2.5% to 3.5% of the loan amount + taxes 
Minimum SalaryRs. 15,000 per month
Age21 to 58 years

Hero FinCorp Personal Loan Features & Benefits

  • Hero Fincorp offers flexible loan amounts from ₹ 50,000 to ₹ 5 Lakhs.
  • The loan amount can be used for home renovation, family functions, weddings, travel, shopping, urgent medical treatments, and other personal financial requirements.
  • Hero FinCorp loan offers quick approval & instant disbursed within a few minutes once you submit all the necessary documents.
  • Hero FinCorp personal loan interest rate starting from 19% p.a. & can go up to a maximum of 30% p.a.
  • Flexible repayment tenure of up to 60 months.
  • Foreclosure is allowed with a nominal fee of 5% plus GST on the remaining principal loan amount.
  • Collateral-free personal loan interest rates at affordable rates.
  • No hidden charges are involved.
  • Prompt customer service, in case of any issue duringthe  journey, call us at 1800-103-5271.
  • Hero FinCorp Loan Status is updated in real-time and instantly shared with you via SMS and Email, ensuring you stay informed at every step of the process.

Also Check: Compare Best Banks for Personal Loan

Hero FinCorp Personal Loan Eligibility

The following are the detailed Hero FinCorp personal loan eligibility criteria:

Eligibility Criteria for Salaried Applicants

  • A salaried individual's minimum age should be at least 21 years when applying for the loan.
  • The maximum age should not be beyond 58 years when the loan matures.
  • The applicant must have been employed with the current organisation for at least the last 6 months.
  • Minimum income should be at least Rs. 15,000 per month.
  • The credit score is also a major factor that impacts the interest rate of personal loans. So, check your free credit score before applying for a loan.

Eligibility Criteria for Self-employed

  • The minimum age should be at least 21 years when applying for the loan.
  • The maximum age should not be beyond 58 years when the loan matures.
  • The self-employed can avail a loan if they have been 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 a 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.
  • Job Continuity Proof: Appointment Letter from your current company and Experience Letter from your previous company (if associated with your current employer for less than 6 months).
  • 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:

  • Call at 1800-102-4145 from 9:30 AM - 6:30 PM, Monday to Saturday
  • Email at customer.care@herofincorp.com

Also Check: Other Bank's Personal Loan Customer Care

Hero Fincorp Loan Payment

You can make Hero Fincorp loan payments 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 the 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.

FAQs

Yes, Hero FinCorp personal loan is considered safe. It is a credible, RBI-registered NBFC offering fully digital loans with strict data protection, no hidden charges, and transparent terms.

The interest rates start from approximately 1.58% per month or about 19% per annum. Rates vary based on credit profile and loan terms.

You can contact Hero FinCorp customer care at toll-free number 1800 102 4145 (Mon-Sat, 9:30 AM to 6:30 PM) or via WhatsApp at +91 92893 86204 for retail support.

Hero FinCorp is registered and regulated as an NBFC by the RBI and compliant with RBI guidelines for lending operations.

Typically, a CIBIL score of 750 or above is required, although some cases may be considered at lower scores if other criteria such as income and employment stability are met.

Loan approval can be instant or within 10 minutes with the digital process, and loan disbursal is usually done within 24 hours upon approval.

Hero FinCorp primarily uses digital verification with e-KYC for quick processing. Physical verification is generally not required for personal loans.

Updated On Sep 16, 2025
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Written By Reshma RawatAssistant Content Manager of MyMoneyMantraCredit Cards, Credit Score, Personal Loan, Home Loan, etc.

Reshma Rawat is a passionate writer, with a decade of experience in writing for a variety of domains (finance, technology, lifestyle, e-commerce, real estate, etc.). Currently, she is working as Assistant Manager - Content @MyMoneyMantra, and writes blogs & webpages on financial products (loans, credit cards, insurance, financial policies by government, mutual funds, etc.

Assistant Content Manager of MyMoneyMantra
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Written By Abhijeet SinghSenior Editor of MyMoneyMantraCredit Cards, Credit Score, Personal Loan, Home Loan, etc.

Abhijeet Singh has comprehensive experience in business writing, content management, SEO, social media and user analytics. Key areas of expertise include stock markets and personal finance.

Senior Editor of MyMoneyMantra