Apply for Instant Loan
With Hero FinCorp, say goodbye to the cumbersome documentation process. Just submit your basic documents and get instant personal loan approval.
At Hero FinCorp, we help you meet your financial needs quickly and simply. At the time of an emergency, the need for funds is urgent and there is absolutely no time to waste. Knowing this, we have eliminated the cumbersome paperwork process for personal loan applications. At Hero FinCorp, the documents needed for a personal loan are minimal; you need to furnish only a few basic documents such as KYC and income proof to avail of the loan. However, when applying for the loan, remember that the required documents for a personal loan are different for salaried and self-employed individuals. So, make sure you submit the right documents required for a personal loan to get instant approval.
At Hero FinCorp, the list of documents for a personal loan for salaried individuals includes:
Duly filled loan application form, Passport size coloured photograph
Driver’s Licence/ Passport PAN Card (mandatory)/ Aadhaar card
Driver’s Licence/ Passport/ Aadhaar Card/ Ration Card/ Utility Bill
Electricity Bills/ Maintenance Bills/ Property Documents
Last three months salary slips, Last six months bank account statement (salary account), Form 16
Appointment letter from the current employer, Experience certificate from the previous employer
If you are a non-professional or a professional self-employed individual then the personal loan required documents slightly differ from that for salaried individuals.
Duly filled loan application form, Passport size coloured photograph
Driver’s Licence/ Passport PAN Card (mandatory)/ Aadhaar card
Driver’s Licence/ Passport/ Aadhaar Card/ Ration Card/ Utility Bill
Maintenance Bill/ Utility Bill/ Property Documents/ Rent Agreement
Copy of Tax Registration/ Shop Establishment Proof/ Company’s Registration Certificate
Last six months bank statement, ITR for the last two consecutive years
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.
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.
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.
To get instant approval, you need to furnish some basic documents for personal loans. These documents include a duly filled application form, KYC, income proof, and passport size photograph, among others. However, you should be aware that the personal loan documents for salaried borrowers and those for self-employed borrowers differ slightly.
The turnaround time depends on the list of documents for the personal loan that were attached for loan processing. If you fill your loan application form correctly and verify the documents to be submitted for a personal loan, the loan will be processed faster, without any hassle.
No, while attaching the documents required for a personal loan, you need to submit photocopies of your relevant documents such as KYC, income proof etc. However, it is recommended that you carry all your original documents to the financial institution's branch so that their representatives can cross-verify the photocopies with the originals. Also, don't forget to carry along your recent coloured passport-size photograph when applying for the loan.
When applying for a personal loan online, you must upload a copy of your KYC documents such as identity proof, proof of address, and proof of income. You can also opt for e-KYC by entering your Aadhaar card number which will instantly retrieve your identification and address information. Upon the successful verification of your documents, the lender will approve your personal loan application.
If you want to apply for a personal loan with less documents then pre-approved loans are ideal for you. Since pre-approved loans are mostly offered to previous or existing customers, the lenders already have your information saved in their database. Therefore, when applying for a pre-approved personal loan, you do not have to deal with the tiresome paperwork.
At Hero FinCorp, you can choose a repayment tenure according to your monthly budget and EMI affordability. The minimum term available for a Personal Loan is one year, before which you cannot repay your borrowed amount. Remember that opting for a short repayment tenure will make EMIs bigger, making repayment harder. If you have a tight monthly budget and cannot afford a substantial EMI amount each month, opt for a longer repayment tenure of up to 36 months.
The loan amount you borrow depends on your loan requirement, EMI affordability, and repayment capacity. Use an eligibility calculator to determine your eligibility and borrow according to your repayment capacity. Avoid under or over-borrowing, as both situations will stress your finances and make repayment harder. Depending on your need, you can borrow a Personal Loan of Rs 50,000 to Rs 3 Lakh at Hero FinCorp.
Your salary determines your repayment capability. Borrowers must have a monthly salary of Rs 40,000 to repay their EMIs comfortably. A good income will not stress your budget and enable timely repayment without hassle. Mention all your income sources in the loan application to improve your eligibility and get easier approval for the required loan amount.
We have different documentation requirements for salaried and self-employed individuals. Documents required for Personal Loan for a salaried person include salary slips of the last months, bank account statements of the last six months in which salary gets credited, and Form 16.
On the other hand, Personal Loan documents required for self-employed include the bank statement for the last six months and ITR for the last two consecutive years. Ensure that these loan documents for Personal Loans are ready before applying to get easy approval according to your funding requirement.
No. You must not submit any paperwork when applying for a Personal Loan. We accept scanned copies of Personal Loan documents uploaded through our website.
A PAN card is an essential document for a Personal Loan application. You can use your Aadhaar card, passport, or driver's licence as identity proof if you don't have one.
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