Hero FinCorp Personal Loan

Hero FinCorp Personal Loan offers instant loans up to ₹5 lakh at 19 to 30% p.a., 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 amount 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 nominal fee of 5% plus GST on remaining principal loan amount.
  • Collateral-free personal loan interest rates at affordable rates.
  • No hidden charges are involved.
  • Prompt customer service, incase of any issue during 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

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 be 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 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

  • 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 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 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.