Calculate Your Personal Loan EMI
It is difficult to keep your company afloat in the market while dealing with the countless challenges of being a business owner. Businesses are prone to unexpected losses. And if you don't have easy access to funds in such situations, running your business for a long time may appear to be an impossible task. This is where our Personal Loan for businessmen comes to the rescue. Our quick approval process and competitive interest rates ensure you stay ahead of the competition.
Applying for a Hero FinCorp Personal Loan will provide you with a slew of benefits. These include the following:
Choose a repayment tenure between 12 to 36 months based on affordability.
Get up to Rs 5 Lakh to manage business needs or unexpected expenses.
Access funds easily without pledging assets or providing collateral.
Submit basic KYC details and income proof for quick loan approval.
Why look for other lenders when Hero FinCorp can provide you with quick access to funds by meeting the bare minimum of eligibility requirements.
You must be between 21 to 58 years to be eligible for the loan.
You should be a citizen of India.
Your business must be at least two years old.
The minimum monthly income required is Rs 15,000.
Documentation requirements are minimal for a Personal Loan at Hero FinCorp. Here are the separate documentation requirements for a personal loan for a businessmen:
Filled Loan Application Form, Passport Size Coloured Photograph
Driver’s Licence, Passport, PAN Card, Aadhaar card
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Not Applicable
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Filled Loan Application Form, Passport Size Coloured Photograph
Driver’s Licence, Passport, PAN Card, Aadhaar card
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Not Applicable
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Understanding the interest rates and charges on a Personal Loan for Businessmen is crucial for effective financial planning. These costs impact your repayment amount, so knowing the terms beforehand helps you make informed borrowing decisions for business growth and stability.
As a business owner with limited free time, you may not always be able to physically visit the lender's branch and apply for funds. Given this, Hero FinCorp allows you to apply for a Personal Loan for businessmen online or offline.
Visit the Hero FinCorp website.
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
Yes, we offer an instant Personal Loan for businessmen. Personal Loans are not restricted to salaried individuals and can be availed by self-employed individuals, including business owners. One such platform where business owners can explore Personal Loan options is the Hero FinCorp Personal Loan app, which offers convenient and accessible loan solutions.