Get a 3 lakh personal loan online with interest rates starting from 18% p.a., flexible repayment tenure of up to 36 months, and quick approval in just 10 minutes with Hero FinCorp.
Calculate Personal Loan EMI
A Personal Loan of Rs 3 Lakh is an unsecured funding option to help you manage urgent financial needs. It can be a medical emergency, home repair, higher education expenses or any personal requirement. To get an instant personal loan, you can apply online with Hero FinCorp from the comfort of your home. You can get a Rs 3 Lakh loan with better interest rates if you meet the eligibility criteria. A flexible tenure of up to 36 months makes repaying loan EMIs easier. With no collateral requirement, you can apply online and get approval within 10 minutes!
Open the Hero FinCorp website and select the Personal Loan option.
Click “Apply Now” to begin your loan application process.
Enter your mobile number and confirm the OTP received.
Choose your required loan amount, up to Rs 5 Lakh.
Complete digital KYC verification using your PAN and Aadhaar details.
Submit your application and receive approval within minutes.
Planning your EMI before taking a loan helps you decide on a repayment amount that fits your monthly budget. Below is an indicative 3 lakh personal loan EMI calculation at 18% p.a.
| Loan Amount | Tenure | Interest Rate | Monthly EMI | Total Interest | Amount Payable |
| Rs 3,00,000 | 12 months | 18% | Rs 27,504 | Rs 30,048 | Rs 3,30,048 |
| Rs 3,00,000 | 18 months | 18% | Rs 19,142 | Rs 44,551 | Rs 3,44,551 |
| Rs 3,00,000 | 24 months | 18% | Rs 14,977 | Rs 59,454 | Rs 3,59,454 |
| Rs 3,00,000 | 30 months | 18% | Rs 12,492 | Rs 74,753 | Rs 3,74,753 |
| Rs 3,00,000 | 36 months | 18% | Rs 10,846 | Rs 90,446 | Rs 3,90,446 |
Disclaimer: EMI figures are approximate and calculated using the standard reducing-balance method. Actual EMI may vary depending on the interest rate offered. Use the Personal Loan EMI Calculator for an accurate estimate.
Hero FinCorp maintains straightforward Personal Loan eligibility criteria to ensure a wide range of salaried and self-employed individuals can access credit. Review the requirements below before applying:
| Criteria | Requirement |
| Age | 21 to 58 years |
| Citizenship | Indian citizen (resident) |
| Employment | Salaried or self-employed individuals |
| Work Experience | Salaried: minimum 6 months; Self-employed: minimum 2 years |
| Monthly Income | Minimum Rs 15,000 per month |
| Credit Score | 725+ generally preferred |
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If you are checking the list of documents required for 3 lakh personal loan by best NBFCs, the process is simple with Hero FinCorp.
For a 3 lakh personal loan application with Hero FinCorp, you need:
No physical documents are required. The complete verification is completed digitally through eKYC. Hero FinCorp follows a digital-first approach, making it one of the leading NBFCs for a paperless 3 lakh personal loan process.
This is a complete breakdown of all the charges for a 3 lakh loan with Hero FinCorp:
| Charge Type | Details |
| Interest Rate | Starting from 18% p.a. |
| Processing Charges | Starting from 2.5% + GST |
| Prepayment Charges | N.A. |
| Foreclosure Charges | 5% + GST |
| EMI Bounce Charges | Rs 350/- |
| Loan Cancellation | No cancellation charges on the app; interest and processing charges are non-refundable |
Disclaimer: Rates are indicative and effective as per the latest Schedule of Charges published by Hero FinCorp. Actual charges may vary based on your credit profile and income.
A Personal Loan up to Rs 3 lakh can be used for various financial needs. Here are some common uses:
It's a great appreciation for obtaining the best personal loan with the fewest papers necessary and promptly disbursing loan ...funds. I truly appreciate your assistance. Simple procedure and a user-friendly interface. There are no problems, inquiries or anything else as long as you pay.
Herofincorp has great funds for various purposes. I got the best personal loan offer compared to interest rates, terms, and fees for ...my best financial situation. Thanks for your assistance.
It is a simple procedure. For financial emergencies, it is the best option. Thanks for their assistance. Adaptable and well-balanced. You can acquire an immediate loan transfer with Hero FinCorp.
Processing is quick, and had great experiences with this personal loan application and service. I appreciate customer support's gentle communication in helping the process go more smoothly. interest rates provided on the personal loan is the lowest in market. Overall experience good. I'm grateful.
I have been looking for a platform that allows me to borrow money quickly, it is convenient, safe and reliable to borrow money on this practical and reliable platform.
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Hero FinCorp’s instant personal loan app allows you to apply digitally, check eligibility, and manage your 3 lakh loan EMI repayment options easily.