Hero FinCorp is a reputed non-banking financial company (NBFC) offering lending services to Indian borrowers, the NBFC allows aspiring borrowers to apply for a Personal Loan through its app or website. Apart from instant loan amounts, competitive interest rates, and flexible repayment terms for collateral-free Personal Loans, Hero FinCorp has recently announced an exciting Amazon voucher offer for Personal Loan approval.
Here’s a look at the Hero FinCorp Personal Loan offers and the Amazon voucher offer you can get.
Things to Know About Hero FinCorp Personal Loans
- Loan Amount: The NBFC offers instant Personal Loans of up to Rs 3 Lakh, making them the best funding options for various planned or unplanned expenses.
- Unsecured Loans: Personal Loans are collateral-free, meaning they are accessible without any collateral, guarantor, or security.
- Loan Procedure: You can apply for Personal Loan 100% online using the Hero FinCorp app or website. Simply complete an online application form and upload the required documents for loan approval.
- Interest Rate: Instant Personal Loans come with an interest rate of up to 25% per annum, making the loan repayments manageable.
- Requirements to Apply: The NBFC has straightforward eligibility requirements and minimal documentation requirements to make them accessible to everyone.
- Repayment: Hero FinCorp offers flexibility in terms of repayment. You can choose a tenure of up to 36 months based on your income and repayment capacity.
Who is Eligible to Apply for Personal Loan?
Before applying, it’s crucial to calculate your eligibility for a Personal Loan. Check the lender’s eligibility criteria and ensure you can fulfil the criteria. Hero FinCorp’s
Personal Loan eligibility conditions include the following:
- Age and Citizenship: Any Indian citizen between 21 and 58 can apply for an instant Personal Loan.
- Occupation: Hero FinCorp offers Personal Loans to both salaried employees and self-employed individuals.
- Work Experience: Salaried applicants should have been employed for at least six months, and self-employed individuals should have at least two years of work experience in the current business.
- Monthly Income: You must earn a minimum of Rs. 15,000 per month to apply for a Personal Loan at Hero FinCorp.
Documentation Requirements for Personal Loan Applications
After calculating your eligibility for a Personal Loan, it’s crucial to check out the documentation requirements as well:
- Mandatory Documents: Duly filled loan application form, Passport-sized photograph (coloured)
- Identity Proof: Driving licence, passport, PAN card, or Aadhaar card
- Address Proof: Driving licence, passport, Aadhaar card, ration card, or utility bill
For Salaried Employees:
- Residence Ownership Proof: Electricity bills, maintenance bills, or property documents
- Income Proof: Last six months' salary slips, the previous six months' salary account statement, and Form 16
- Job Continuity Proof: Appointment letter from the current employer or experience certificate from the previous employer
For Self-Employed Professionals:
- Office Address Proof: Maintenance bills, utility bills, property documents, or rent agreement
- Business Existence Proof: Copy of tax registration, shop establishment proof, or company registration certificate
- Income Proof: Last six months' bank statements and ITR for the previous two consecutive years
Steps to Redeem Amazon Gift Voucher?
Get Amazon rewards with HeroFincorp personal loan approval today by following below steps:
Step 1: Apply for a personal loan with HeroFincorp.
Step 2: Upon loan approval, receive your Amazon gift voucher via email.
Step 3: Log in to your Amazon account.
Step 4: Navigate to 'Your Account' and select 'Gift Cards.'
Step 5: Choose 'Redeem a Gift Card.'
Step 6: Enter the voucher code provided in the email.
Step 7: Click 'Apply to Your Balance.'
Step 8: Your Amazon account will reflect the voucher's value.
Step 9: Start shopping for your favorite products!
Step 10: Enjoy the perks of both a personal loan and your Amazon spree, courtesy of HeroFincorp's seamless redemption process."
Instructions to Use Amazon Gift Voucher
Validity: The Amazon vouchers are valid for use within the stipulated validity period mentioned on the voucher.
Redemption Process: Customers are required to follow the instructions provided in the voucher email to redeem the Amazon voucher.
Non-Transferable: The Amazon vouchers are non-transferable and can only be used by the recipient.
Cancellation or Refund: In the event of loan cancellation or refund, the eligibility for the Amazon voucher offer will be null and void.
Disqualification: Hero Fincorp reserves the right to disqualify any participant or revoke the Amazon voucher offer if fraudulent activity or non-compliance with terms is suspected.
Steps to Apply for a Personal Loan
Follow these steps to apply for Personal Loan at Hero FinCorp:
Step 1: Visit the Hero FinCorp website and register on the personal loan app.
Step 2: Go to the Personal Loan page and click ‘Apply Now’.
Step 3: Fill out the application form by entering the required details.
Step 4: Scan and upload scanned copies of the necessary documents.
Step 5: Review and accept the loan offer to get disbursal in a few hours.
The Added Benefit of Amazon Voucher
Apart from all the features and benefits that Hero FinCorp Personal Loans offer, the recently announced Amazon voucher of Rs 1000 makes the loan deal even more attractive to borrowers. No one minds a small gift they receive besides the loan amount and other benefits they expect from signing the loan agreement.
Once you receive the Amazon voucher, redeem it when buying something at Amazon by entering the voucher code. It allows you to buy anything from Amazon worth Rs 1000.
If you are looking for instant cash of up to Rs 3 Lakh, check your eligibility for a Personal Loan and apply on the Hero FinCorp loan app or website now!
Conclusion
Hero FinCorp stands out as an online provider of Personal Loans, offering swift funding to applicants in need. Clients can tailor their loan amount and repayment period to suit their individual requirements and financial plans. Utilize an EMI calculator to select a repayment schedule featuring comfortably manageable EMIs. Additionally, stay connected with the NBFC across various social media channels for a chance to win an enticing Rs. 1000 Amazon shopping voucher. This offer adds an extra layer of appeal and excitement to the borrowing experience for customers.
Frequently Asked Questions
1. How long does it take for a personal loan application to be processed and approved?
The processing time for personal loan applications with Hero FinCorp may vary depending on various factors such as the completeness of documentation, credit evaluation, and verification processes.
2. What happens if I miss an EMI payment for my personal loan with Hero FinCorp?
Missing an EMI payment for your personal loan with Hero FinCorp may result in late payment fees or penalties or can affect your CIBIL.
3. Can I transfer the Amazon gift voucher to someone else?
No, you can not transfer the Amazon gift voucher to someone else.
