Personal Loan for Doctors
Doctors can get a personal loan in Coimbatore with unsecured funds of up to Rs 5 Lakh.
Personal Loan In Coimbatore
Loan up to ₹5 Lakhs
Minimum Salary Required ₹15K
Instant Approval in 10 minutes
Personal Loan EMI Calculator
Get a Personal Loan in Coimbatore Up to 5 Lakh
Famously known as the “Manchester of South India” due to its thriving textile industry, Coimbatore is a major metropolitan city in Tamil Nadu. Its economy also thrives on software, IT, and BPO sectors, along with manufacturing automotive components for Maruti Udyog and Tata Motors. With rising living costs and evolving needs, Personal Loans in Coimbatore can offer timely financial support.
Hero FinCorp, a trusted Personal Loan provider in the city, offers loans with competitive interest rates, flexible repayment tenures, instant approval in 10 minutes, and a minimum monthly income requirement of just Rs 15,000.
We Offer a Wide Range of Personal Loans!
Hero FinCorp has a variety of Personal Loan options available for you. Whether you are self-employed, salaried, or a business owner, we have a Personal Loan that will suit your financial needs.
Personal Loan for Travel
Apply now for a personal Loan for travel at Hero FinCorp and put all your financial worries to rest.
Personal Loan for Wedding
Plan your dream wedding with the help of a Hero FinCorp instant cash loan in Coimbatore.
Personal Loan for Home Renovation
A Hero FinCorp Personal Loan is the easiest way to pay for home renovation costs, including repairs, interiors or home expansion.
Personal Loan for Self-Employed
Get a personal loan for self-employed with 100% digital application and instant approval in 10 minutes.
Personal Loan for Women
Female borrowers can benefit from a 100% paperless process and quick disbursal with our specially designed personal loan for women.
Personal Loan for Government Employees
Those employed in the government sector can transform their financial situation with Personal Loan finance in Coimbatore at low-interest rates from Hero FinCorp.
Personal Loan for Education
Unlock your higher education dreams with a personal loan for education in Coimbatore, available at reasonable interest rates and quick disbursal.
Features And Benefits of Hero FinCorp Personal Loan Coimbatore
A top Personal Loan finance company in Coimbatore, Hero FinCorp provides the best features and perks you can think of :
Flexible Repayment Tenure
You can choose repayment tenures from 12 to 36 months to manage your EMIs with ease..
Instant Approval
Get approval within 10 minutes when you apply online through the Hero FinCorp loan app or website.
Adequate Loan Amount
Get Personal Loans ranging from Rs 50,000 to Rs 5,00,000 as per your need and eligibility.
Competitive Interest Rate
We make sure that personal loans in Coimbatore are offered at competitive interest rates, so that both salaried and self-employed borrowers can repay conveniently.
Zero Collateral
Since personal loans are unsecured, you do not need to provide any security or collateral to avail the loan.
Eligibility Criteria for Instant Personal Loan in Coimbatore
To apply for a personal loan in Coimbatore through Hero FinCorp , the following eligibility criteria must be fulfilled.
Monthly Salary
Applicant should at least earn a minimum amount of Rs 15,000 monthly
Age
Applicant should be between 21-58 years
Citizenship
You should be a citizen of India
Work Experience
A minimum of one year of work experience is required for eligibility
Documents Required to Apply for a Personal Loan in Coimbatore
The documentation requirements are different for salaried employees and self-employed professionals. You must know the exact requirements to stay prepared with the required documents and provide them when needed. You don't need to visit our branch office to submit the paperwork. You can upload scanned copies of the documents necessary to apply online.
Documents Required For Salaried Employee
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Six Month Salary Slip & Bank Account Statement, Form 16
Job Continuity Proof
Appointment Letter From the Current Employer
Documents Required For Self Employed
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Interest Rates and Charges on Personal Loans in Coimbatore
Planning to apply for a Personal Loan in Coimbatore but worried about the total loan cost? Understand the personal loan interest rate and other applicable charges in advance to stay financially prepared. These few essential costs ensure transparency throughout your borrowing journey.
| 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 |
How To Apply For a Personal Loan in Coimbatore?
Here is the stepwise process to apply for an instant Personal Loan in Coimbatore with Hero FinCorp:
- 1
Visit the Hero FinCorp website or install the personal loan app
- 2
Go to the personal loan page and click ‘apply now’
- 3
Enter your mobile number and verify with the OTP received
- 4
Choose the loan amount you need
- 5
Verify your KYC details to check income eligibility
- 6
Click ‘Submit’ to complete your application
Frequently Asked Questions (FAQs)
The minimum age to apply for a personal loan in Coimbatore is 21 years.
Yes, apply for a Personal Loan in Coimbatore at Hero FinCorp. You will get the best Personal Loan interest rates according to your eligibility, repayment capacity, and credit history.
To apply for a Personal Loan in Coimbatore with Hero FinCorp, you must download the loan app, provide a few details, and upload the necessary documents to begin the application procedure. Once you receive approval and a loan offer, accept it to get disbursal instantly.
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