Personal Loan EMI Calculator
Bhopal, the capital city of Madhya Pradesh, is a perfect blend of history and modernity. With growing financial needs, Personal Loans have become the preferred funding solution. At Hero FinCorp, you can get a Personal Loan in Bhopal of up to Rs 5 Lakh with approval in just 10 minutes. Our loans come with competitive interest rates and flexible tenures. You can apply easily if your monthly income is at least Rs 15,000. You can use this for various planned and unplanned expenses.
At Hero FinCorp, you can get a Personal Loan personalised to your specific needs and financial goals.
If you are a doctor, you can obtain a Personal Loan for Doctors to cover your personal expenses or improve your medical practice.
Falling short of funds to travel to your dream destination? Fund the trip with a personal loan for travel and pay its cost in easy EMIs.
You can use a personal loan for a wedding to manage last minute marriage-related expenses with ease and repay in EMIs.
Cover the costs of labour, material, designing, etc., with a personal loan for home renovation.
Despite income irregularity and job instability, Hero FinCorp offers personal loans for self-employed at competitive interest rates.
Women can gain financial independence and improve their lifestyle with a personal loan for women from Hero FinCorp.
Government employees can quickly get a Personal Loan for Government Employees at attractive interest rates and flexible tenures.
Cover all your higher education-related costs with a personal loan for education without any end-use restrictions.
One of the top personal loan providers in Bhopal, Hero FinCorp offers many features and benefits on instant personal loan online:
At Hero FinCorp, the Personal Loan interest rates start from 1.58% per month or 19% per annum.
A Personal Loan is an unsecured loan, so you do not need to provide any security or collateral to apply.
You can choose a Personal Loan repayment tenure of 12 to 36 months as per your repayment capacity.
At Hero FinCorp, you can get approval for an online Personal Loan within 10 minutes with minimum documentation requirement.
You can get a Personal Loan of up to Rs 5,00,000 in Bhopal at competitive interest rates for various purposes.
To be eligible for personal loan Bhopal, an applicant must meet the following criteria:
You should be a citizen of India.
Six months for salaried individuals and 2 years for self-employed individuals.
Applicant should at least earn a minimum amount of Rs 15,000 monthly.
Applicant should be between 21-58 years
The documentation requirements at Hero FinCorp vary for salaried and self-employed applicants. It's advisable to check the required Personal Loan documents in advance to ensure a smooth and hassle-free application process.
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Last 6 Months Salary Slips, Bank Statements, and Form 16
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Last 6 Months Bank Statements and ITR for 2 Years
At Hero FinCorp, our personal loan interest rates in Bhopal start at just 19%. So, you don't need to worry about paying exorbitant rates in any circumstance. Our instant cash loan in Bhopal has no hidden charges either, as they are completely transparent, as mentioned below:
| 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 | 1. Online loan app does not charge any cancellation charges |
| 2. Interest amount paid is non-refundable | |
| 3. Processing charges are also non-refundable |
To apply for a personal loan in Bhopal from Hero FinCorp, follow these steps:
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
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