Need extra funds on a Rs 15,000 salary? Hero FinCorp’s Personal Loan offers a 100% digital process, no collateral required, and flexible repayment options. Apply now to get started.
Calculate Your Personal Loan EMI
Need quick funds for an unexpected expense or a big plan? Hero FinCorp offers personal loans for salary Rs 15,000 with an easy loan application process. If your monthly salary is Rs 15,000, you can get an instant personal loan of up to Rs 5 Lakh. Enjoy instant loan approval, minimal documents, and fast disbursal, making it simple to repay the loan and manage your finances.
Taking a personal loan of Rs 50,000 at 19%* per year might make you wonder about your EMI for a personal loan. Using a personal loan EMI calculator, you can check your repayment options. For example, a 12-month loan has an EMI of Rs 4,608, while 36 months brings it down to Rs 1,833. Picking the right loan tenure helps keep your EMIs affordable. Here's a detailed view:
| Loan Amount (Rs) | Tenure (in Months) | Interest Rate* (per annum) | Monthly EMI (Rs) | Total Interest (Rs) | Total Amount Payable (Rs) |
|---|---|---|---|---|---|
| 50,000 | 12 | 19% | 4,608 | 5,294 | 55,294 |
| 50,000 | 18 | 19% | 3,214 | 7,855 | 57,855 |
| 50,000 | 24 | 19% | 2,520 | 10,490 | 60,490 |
| 50,000 | 30 | 19% | 2,107 | 13,199 | 63,199 |
| 50,000 | 36 | 19% | 1,833 | 15,981 | 65,981 |
The Rs 15K criteria for our salaried applicants come with various features and benefits. This includes a high loan amount (up to Rs 5 Lakh), flexible repayment tenures (12-36 months), and more:
For salaried individuals earning Rs 15,000 monthly, our personal loan offers up to Rs 5,00,000, helping you meet your financial goals effortlessly.
Our loan interest rates are competitive, making our Personal Loan available to anyone.
Our personal loans are collateral-free, requiring no security, making the process faster, simpler, and hassle-free.
Our personal loans offer flexible repayment tenures from 12 to 36 months, allowing you to choose a plan that fits your finances.
Our personal loans offer instant approval and disbursal, with funds credited within hours, helping you handle urgent expenses effortlessly.
Our personal loan for salary Rs 15,000 is made for people who need quick financial support. To get a personal loan, you need to meet a loan eligibility criteria:
| Criteria | Requirement |
|---|---|
| Age | You need to be between 21 and 58 years old. |
| Citizenship | You should be an Indian citizen. |
| Work Experience | You should have at least six months of work experience to apply for a personal loan and improve your chances of loan approval. |
| Monthly Income | You should have a monthly income of at least Rs 15,000 every month. |
Getting a personal loan is fast and easy to obtain based on a monthly salary of Rs 15,000 with no paperwork. Just have the following documentation for both salaried and self-employed to process your application instantly.
Personal loans for a Rs 15,000 salary come with competitive interest rates and hassle-free repayment options. With simple and clear fees and no hidden charges, you can make clear-cut decisions and maintain your financial well-being.
| 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 |
Applying for a personal loan with competitive interest rates is a quick and easy process. Simply follow the steps below, and you’ll be ready to get your loan approved.
Visit the Hero FinCorp website or download the personal loan app.
Go to the instant personal loan tab and click on 'apply now'.
Enter your mobile number. You will need to register by submitting the OTP that you received.
Enter the loan amount that you want.
Finish the KYC verification. Check the income eligibility.
Click on 'Submit' and complete the application.
*Approval & Agreement: Loan approval is at Hero FinCorp's discretion. By applying, you agree to our Terms & Conditions, Privacy Policy, and Loan Agreement.
*Data Use: You consent to electronic processes and data use for loan assessment, as per our Privacy Policy.
*Security: Keep your account and device secure. Report our customer care for unauthorized activity immediately.
*Grievances: For concerns, refer to our Grievance Redressal Policy.
*EMI Payment: Refer to our T&Cs here*
*RBI Mandate: RBI requires transparent disclosures. Learn more from RBI.
