Loyalty Personal Loan
The Loyalty Personal Loan (LPL) is an exclusive pre-approved Personal Loan from Hero FinCorp, reserved for existing two-wheeler finance customers with a disciplined repayment history.
- Approval in 10 Minutes
- No Collateral Required
- Paperless Documentation
What Is a Loyalty Personal Loan?
The Loyalty Personal Loan (often searched as LPL or Hero FinCorp pre-approved loan) is a Just-in-Time unsecured loan offered only to Hero FinCorp's existing two-wheeler loan customers who have completed at least 9 EMIs without default. Because the lending relationship is already established, the loan is pre-approved - the documentation, verification and disbursal processes are significantly faster than a fresh Personal Loan application. Funds can be used for any legal purpose: medical needs, home renovation, education, travel or a family function.
Eligibility for the Loyalty Personal Loan
The LPL is a closed-group offer. You qualify only if you already have an active or recently closed two-wheeler loan with Hero FinCorp and meet the repayment discipline criteria.| Parameter | Requirement |
| Customer status | Existing or recently closed Hero FinCorp two-wheeler loan customer |
| EMI repayment record | At least 9 EMIs paid on time, with no defaults |
| Age | 21 to 58 years |
| Citizenship | Indian citizen |
| Credit profile | Maintained healthy credit behaviour with Hero FinCorp |
Note: Final eligibility is decided by Hero FinCorp based on internal credit assessment. Receipt of a pre-approved offer does not automatically guarantee disbursal.
Documents Required for the Loyalty Personal Loan
Because you are an existing customer, the documentation is minimal. Just keep the following handy for verification:
- Applicable only to existing two-wheeler loan customers of Hero FinCorp
- Identity and address proof (PAN and Aadhaar) for digital KYC refresh, if required
- Recent passport-size photograph, if not already on file
- Completed at least 9 EMIs without any payment default
No physical paperwork is needed - the entire process is digital.
Interest Rates and Charges
Interest rates on the Loyalty Personal Loan are based on your repayment history, loan amount and tenure. Standard Hero FinCorp Personal Loan charges apply:
| Fee | Amount |
| Interest rate | Starting from 18% p.a. |
| Processing fee | Minimum 2.5% + GST |
| Prepayment charges | Not applicable |
| Foreclosure charges | 5% + GST on outstanding principal |
| EMI bounce charges | Rs 350 per instance |
| Overdue interest | 1-2% of the overdue amount per month |
| Loan cancellation | No cancellation fee via app; interest and processing fee non-refundable |
Disclaimer: The above rates are indicative and effective as of the latest Schedule of Charges published by Hero FinCorp. Actual rates may vary based on your credit profile, income, and other factors.
Plan Your Loyalty Loan EMI in Advance
Use the Hero FinCorp Personal Loan EMI Calculator to see how your chosen loan amount, interest rate and tenure translate into a monthly EMI. Planning ahead can help you keep the Loyalty Loan EMI within a comfortable share of your monthly income.
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Frequently Asked Questions
Log in to the Hero FinCorp Loyalty Loans portal at loyaltyloans.herofincorp.com or the Hero FinCorp Personal Loan app using your registered mobile number. Your pre-approved offer, if any, appears on the dashboard.