Attractive Interest Rate
Hero FinCorp offers competitive interest rates starting from 25% with 19% per month.
Rs 3.5 Lakh Personal Loan
Tenure up to 36 month
Minimum Salary Required Rs 15K
Instant Approval in 10 minutes
3.5 Lakh Loan EMI Calculator
Get a Rs 3.5 Lakh Personal Loan Instantly
When you face any financial emergency, you require funds instantly. While a few use their savings, most rely on a Personal Loan. A 3.5 Lakh loan can be quite helpful when you have big expenses or emergencies like medical bills, home repairs, weddings, or education fees.
Hero FinCorp offers up to Rs 5 Lakh with interest rates starting from 1.58% per month and flexible repayment terms of up to 3 years. The best part is that you can get approval in 10 minutes when you apply online. You should have a minimum monthly income of Rs 15,000, a good credit score and a low debt-to-income ratio to be eligible for a Personal Loan of Rs 3.5 Lakh at Hero FinCorp.
Why Opt for Rs 3.5 Lakh Personal Loan?
You can cover your major expenses like medical emergencies, home renovations, weddings, or educational needs with Hero FinCorp's Rs 3.5 Lakh Personal Loan. Enjoy competitive interest rates (19% per annum), ensuring easy repayment. You can select flexible repayment periods of up to 36 months, alleviating financial strain. Our convenient digital application process streamlines the experience, saving time and effort. Access to instant funds offers peace of mind during unexpected financial hurdles. You can choose EMIs using our Personal Loan EMI Calculator to fit comfortably within your budget, ensuring smooth repayment.
EMI for Personal Loan of Rs 3.5 Lakh for up to 3 Years
When considering a Personal Loan of Rs 3.5 Lakh, it's essential to understand how the repayment amount varies based on the chosen tenure. You can use a personal loan EMI calculator to calculate your EMIs instantly online.
Here is a table illustrating the monthly EMI for Rs 3.5 Lakh Personal Loan for different repayment periods ranging from 12 to 36 months, assuming an interest rate of 19% per annum:
| Loan Amount (Rs) | Tenure (in Months) | Interest Rate* (%) | Monthly EMI (Rs) | Total Interest | Total Amount Payable |
| 3,50,000 | 12 | 19% | 32,255 | 37,060 | 3,87,060 |
| 3,50,000 | 18 | 19% | 22,499 | 54,982 | 4,04,982 |
| 3,50,000 | 24 | 19% | 17,643 | 73,432 | 4,23,432 |
| 3,50,000 | 30 | 19% | 14,746 | 92,380 | 4,42,380 |
| 3,50,000 | 36 | 19% | 12,830 | 1,11,880 | 4,61,880 |
Disclaimer: The EMI calculations provided are for illustrative purposes only and may vary based on applicable interest rates, processing fees, and other factors. Actual loan terms will be determined at the time of application and approval.
Features and Benefits of Personal Loan of Rs 3.5 Lakh
Hero FinCorp’s Personal Loan has several advantages. Here are the key features and benefits of our loan:
No Need for Collateral
You don't have to pledge any collateral to get the loans, as these are unsecured loans.
Flexible Repayment Tenure
You can repay the loan over a period of up 12 to 36 months, as per your monthly budget.
Instant Approval
You can get approval within 10 minutes when you apply for the loan online.
Instant Loan Amount
You can borrow up to Rs 10 Lakh, which covers most big expenses without hassle.
Eligibility Criteria of a Personal Loan of Rs 3.5 Lakh
Before applying for a Personal Loan of Rs 3.5 Lakh, make sure you meet the eligibility criteria. These include your age, monthly income, work experience, and Indian citizenship. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.
| Criteria | Requirement |
|---|---|
| Age | You should be between 21 to 58 years old. |
| Citizenship | You need to be a citizen of India. |
| Work Experience | Six months for salaried and 2 years for self-employed. |
| Monthly Income | You should have a minimum income of Rs 15,000 monthly. |
List of Documents Required of Personal Loan for Rs 3.5 Lakh
At Hero FinCorp, the documentation requirements differ for salaried and self-employed applicants. Knowing the requirements before applying and being ready with the documents required for a personal loan is better to ensure a smooth application process. Here is the list of documents.
Required Documents for Salaried
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Ownership Proof (Optional for Salaried)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Income Proof
Last 6 Months’ Salary Slips, Bank Statements & Form 16
Required Documents for Self-Employed
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Ownership Proof (Optional for Salaried)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Income Proof
Last 6 Months Bank Statements & ITR for 2 Years
Personal Loan Interest Rates for Rs 3.5 Lakh
At Hero FinCorp, we offer hassle-free personal loans of Rs 3.5 Lakh with competitive personal loan interest rates and minimum paperwork. But before you apply, you must know about any extra charges that might add up and affect your total loan cost. Here's a simple breakdown:
| Fees & Charges | Amount Chargeable |
| Interest Rate | Starting from 1.58% per month |
| Loan Processing Charges | Minimum 2.5%+ GST |
| Prepayment Charges | N.A. |
| Foreclosure Charges | 5% + GST |
| EMI Bounce Charges | Rs 350/- |
| Interest on Overdue EMIs | 1-2% of the loan/EMI Overdue Amount Per Month |
| Cheque Bounce | Fixed Nominal Penalty |
| Loan Cancellation |
|
How to Apply for a Personal Loan for Rs 3.5 Lakh?
The instant loan online application process at Hero FinCorp is quick and simple. Here are the steps to apply for a Personal Loan of Rs 3.5 Lakh online.
- 01
Visit the Hero FinCorp website or install the personal loan app
- 02
Go to the personal loan page and click ‘apply now’
- 03
Enter your mobile number and verify with the OTP received
- 04
Choose the loan amount you need
- 05
Verify your KYC details to check income eligibility
- 06
Click ‘Submit’ to complete your application
Uses of Personal Loan of Rs 3.5 Lakh
A Personal Loan of Rs 3.5 Lakh can be used for various purposes. Here are the most common uses:
Gadget Purchase
You can use a Personal Loan to buy an expensive smartphone, laptop or any electronic appliance.
Vehicle Repair or Purchase
You can take a Personal loan and buy a bike/scooter or make a down payment for a car.
Emergency Fund
You can use an online Personal Loan as an emergency fund for unexpected incidents.
Medical Emergencies
A Personal Loan might be one of the best funding options when you need cash for any medical-related requirement.
Home Renovation
You can take a Personal Loan if you want to renovate the interiors, kitchen or façade of your home and pay it back in monthly instalments.
Education Expenses
A Personal Loan can cover all your education-related expenses, such as tuition fees and study materials.
Wedding Expenses
It takes only 10 minutes for a Personal Loan to be approved online without much hassle. You can use it for all your wedding expenses.
Travelling / Vacations
You can avail of a Personal Loan for outstation trips (national or international) and repay it through monthly instalments over a repayment tenure of 36 months.
What Our Clients Say About Us
Blogs
Personal Loan
Five Ways to Increase Your Approved Personal Loan Amount—Without Raising Your Salary12 Sep, 2025
Personal Loan
Top-Up Loan vs Balance Transfer vs Fresh Loan: A Borrower’s Guide to Smarter Choices12 Sep, 2025
Personal Loan
Customer Stories: How a Personal Loan from Hero FinCorp Made Dreams Possible11 Sep, 2025
Frequently Asked Questions
To get accurate and instant results, use our EMI calculator that will help you determine your 3.5 Lakh loan EMI based on the loan tenure and interest rate.
The interest rates may vary based on your credit profile, income, and credit score. At Hero FinCorp, the interest rates starting from 1.58% per month.
No, if you are salaried but not having salary slips, you can furnish other income proofs like Form-16, ITR or bank statement.
The EMI of a Personal Loan is calculated using the loan amount, interest rate and repayment tenure. You
can use the online Personal Loan EMI Calculator.
Disclaimer
*Approval & Agreement: Loan approval is at Hero FinCorp's discretion. By applying, you agree to our Terms & Conditions, Privacy Policy, and Loan Agreement.
*Data Use: You consent to electronic processes and data use for loan assessment, as per our Privacy Policy.
*Security: Keep your account and device secure. Report our customer care for unauthorized activity immediately.
*Grievances: For concerns, refer to our Grievance Redressal Policy.
*EMI Payment: Refer to our T&Cs here*
*RBI Mandate: RBI requires transparent disclosures. Learn more from RBI.