Personal Loan EMI Calculator
Chandigarh is the shared capital of Haryana and Punjab. It is a well-planned city in India. With rising costs of living, people usually seek extra cash for different needs like higher education, healthcare and even holidays.
At Hero FinCorp, we offer Personal Loans in Chandigarh of up to Rs 5 Lakh. You can avail of a loan at competitive interest rates and flexible repayment terms. Whether you are a salaried professional or a self-employed individual, if you earn Rs 15,000 a month, you can apply online and get approval in just 10 minutes.
Hero FinCorp, a Personal Loan provider in Chandigarh, offers Personal Loans with attractive features and benefits such as:
Get Personal Loan approval in less than 10 minutes with just your KYC details and income proof.
You can get a Personal Loan in Chandigarh of up to Rs 5,00,000 for various purposes.
The Personal Loan interest rate at Hero FinCorp starts from 1.58% per month or 19% per annum.
Our Personal Loans are unsecured, so you do not need to provide any security or collateral.
You can choose a repayment tenure of 12 to 36 months as per your monthly budget.
To be eligible for personal loan Chandigarh, an applicant must meet the following criteria:
| Criteria | Requirement |
|---|---|
| Age | Applicant should be between 21-58 years |
| Citizenship | You should be a citizen of India. |
| Work Experience | Six months for salaried individuals and 2 years for self-employed individuals. |
| Monthly Income | Applicant should at least earn a minimum amount of Rs 15,000 monthly |
Documentation is an important part of the loan application. Being prepared with the necessary Personal Loan documents can help ensure a smooth and hassle-free application process. Here’s a list of the essential documents.
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
6 Month's 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
Before applying for a Personal Loan in Chandigarh, it’s important to know the loan costs. At Hero FinCorp, Personal Loan interest rates are competitive, and other charges are nominal. Check out the details.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 19% p.a. |
| 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 Chandigarh 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
