Hero FinCorp

Hero FinCorp Personal Loan is designed to provide quick financial assistance for needs like medical emergencies, travel, wedding, education, or any personal expenses. It offers a fully digital process, fast approval, and flexible repayment options.

✔️ Applicant must be an Indian resident
✔️ Age: 21 to 58 years
✔️ Salaried or self-employed individual
✔️ Minimum Income: ₹15,000/month
✔️ Stable employment/business continuity
✔️ Credit score matters (685+ preferred is correct for filtering)

✔️ Interest Rates: 19% – 30% p.a. (profile-based)
✔️ Processing Fee: Up to 2.5% – 4% (+GST)
✔️ Foreclosure Charges: Around 5% of outstanding amount (+GST)
✔️ Tenure: 12 to 36 months
✔️ EMI Bounce Charges: ₹350 approx. 

✔️ Identity Proof (PAN Card mandatory)
✔️ Address Proof
✔️ Income Proof (Salary Slip / ITR / Form 16)
✔️ Bank Statements (Last 6 months)
✔️ Passport-size photographs

Q1. What is the maximum loan amount in Hero FinCorp Personal Loan?
Ans. You can get up to ₹5 lakh depending on eligibility.

Q2. What is the interest rate?
Ans. Interest rates start from around 19% and can go up to 30% per annum.

Q3. How fast is loan approval?
Ans. Approval can be done within minutes through a digital process.

Q4. Is collateral required?
Ans. No, it is an unsecured loan (no collateral needed).

Q5. What is the minimum salary required?
Ans. Minimum ₹15,000 monthly income is generally required.