Pocket-Friendly
A personal loan of up to Rs. 5 Lakh helps you afford a bed with easy EMIs.
Personal Loan EMI Calculator
Apply for loan on HIPL app available on Google Playstore Download Now
Personal Loan EMI CalculatorPersonal Loan EMI CalculatorWe spend almost one-third of our lives sleeping, so the quality of the bed you buy greatly impacts your life. Depending on the design, material, and quality, a bed can be an expensive purchase you may not want to pay upfront. That is where buying a bed on EMI comes to the forefront.
A Personal Loan from Hero FinCorp lets you buy a bed on EMI without a credit card at attractive interest rates. You can borrow up to Rs. 5 Lakh to finance the purchase and adorn your bedroom with the best furniture. Quick approvals, easy eligibility, and flexible repayments are the major attractions of a loan on a bed. Read on to know more.
You should consider buying a bed on loan with EMIs for many reasons rather than paying its cost upfront or using your credit card. Some reasons that may change your mind include the following:
Do you need more convincing? Let’s look into the benefits of buying a bed on EMI using a Personal Loan from Hero FinCorp:
A personal loan of up to Rs. 5 Lakh helps you afford a bed with easy EMIs.
Personal loan EMI interest rates are lower than credit cards; improve credit score and income to reduce rates.
Hero FinCorp Personal Loans are unsecured, requiring no collateral, guarantor, or security for approval.
Use a personal loan EMI calculator to select a loan tenure up to 36 months for affordable monthly repayments.
The 100% digital loan process offers instant approval in minutes with no branch visits or paperwork.
Hero FinCorp Personal Loan requires no paperwork; simply upload scanned documents for quick disbursement.
The Personal Loan eligibility criteria are clear and easy to fulfil at Hero FinCorp. You just need to fulfil the requirements of age, income, and work experience before applying and get assured approval if everything is fine. Fulfil these conditions to apply for a personal loan for bed online at Hero FinCorp:
21 to 58 years of age
Indian citizenship
Six months for salaried; two years for self-employed
Minimum Rs. 15,000 per month
Personal Loans are infamous for their extensive paperwork and formalities. However, Hero FinCorp thrives on making the application process as simple and quick as possible with minimal documentation requirements. Moreover, you don't need to visit any branch office to apply for a loan. You can scan and upload the soft copies of the required documents of personal loan online and complete the application procedure.
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
6 Months’ Salary Slips & Bank Statements, Form 16
Appointment Letter from Current Employer
Driving License, Passport, Aadhaar Card, Utility Bill
N/A
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
Last 6 Months Bank Statements, ITR for Last 2 Years
N/A
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
Don't worry about hefty Personal Loan interest rates at Hero FinCorp. No matter the case, your interest rate cannot exceed 30%. That means the loan on the bed does not increase its cost significantly. Those with a decent credit rating, low DTI and CUR, and ample income get the lowest interest rate according to their eligibility and repayment capacity.
You can apply online or via the Hero FinCorp Personal Loan App on your mobile phone.
Follow this simple stepwise procedure to apply for a personal loan for bed online and convert its cost into EMIs:
Visit the Hero FinCorp website or install the Personal Loan app
Go to the Personal Loan page and click ‘Apply Now’
Enter your mobile number and verify with the OTP received
Choose the loan amount you need
Verify your KYC details to check income eligibility
Click ‘Submit’ to complete your application
