Personal Loan for Corporate Employees

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Loan up to ₹5 Lakhs
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Minimum Salary Required ₹15K
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Instant Approval in 10 minutes
Calculate Your Personal Loan EMI

Monthly EMI

₹ 0

Interest Payable

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Get a Personal Loan For Corporate Employees Up to 5 Lakh

Being a corporate employee, you most likely have a fixed salary and have to manage everything within the limit. You have to budget for everything, including household expenses or a trip to a new destination. When a financial emergency arises, it can be tough to manage. Hero FinCorp's Personal Loan for corporate employees can help in such situations. You can apply for a Personal Loan for Corporate Employees online and receive up to Rs 5 Lakh with minimal documentation. The interest rates are competitive and loan tenures are flexible. The application can be approved in 10 minutes, which is helpful in an emergency situation.

Why Opt for a Personal Loan for Corporate Employees?

The instant Personal Loan for corporate employees is an unsecured lending solution that can be utilised for both unforeseen and planned financial obligations. The interest rates are competitive, thus allowing for easier repayment of your loan amount. Additionally, you can select the tenure according to your monthly obligations. Here are a few reasons why you should consider a Personal Loan for corporate employees. 

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Special Loan Offers

Our loans for corporate employees are designed keeping in mind the borrower's needs, as they offer competitive interest rates, flexibility, instant approval and more.   

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Minimal Documentation

Hero FinCorp has minimal documentation requirements for the loan application, you only need the KYC requirement and proof of income.

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Quick Processing & Disbursement

You can receive loan approval in 10 minutes online, with quick disbursal to your bank account.

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Simple & Transparent Process

There are no hidden fees or charges related to a Personal Loan at Hero FinCorp, which makes the borrowing process easier.

Features and Benefits of Personal Loan for Corporate Employees

Personal Loans have several advantages that make them the most preferred borrowing option. Before you apply for a Personal Loan for corporate employees, you must check out the features and benefits of these loans. Here are the key features and advantages of Hero FinCorp's Personal Loan for corporate employees. 

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Collateral-Free

You do not need to provide any security or collateral to avail a Personal loan for Corporate Employees.

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Flexible Repayment Tenure

You can choose a repayment tenure of 12 to 36 months, based on your budget.

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Instant Approval

You can get approval in just 10 minutes when you apply for a Personal Loan online with Hero FinCorp.

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High Loan Amount

As a corporate employee, you can get a personal loan up to Rs 5 lakh for various planned and unplanned expenses.

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Attractive Interest Rate

The Personal Loan interest rates at Hero FinCorp start from 1.58% per month or 19% per annum.

Eligibility Criteria for Personal Loan for Corporate Employees

To apply for a Personal Loan for Corporate Employees, make sure you meet the eligibility requirements, including your age, monthly income, work experience, and citizenship. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.

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Citizenship

You should be a citizen of India.

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Age Requirement

You must be between 21 to 58 years to be eligible for the loan.

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Work Experience

You should have at least six months experience in your current job.

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Monthly Income

The minimum monthly income required is Rs 15,000.

List of Documents Required for a Personal Loan for Bank Employees

Documentation requirements are minimal for a Personal Loan at Hero FinCorp. Here are the documentation requirements for a personal loan for corporate employees:

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Photo Identity

Driving Licence, Passport, PAN Card, Aadhaar card

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Proof of Income

Three Months Salary Slips, Six Months Bank Account Statement, Form 16

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Job Continuity Proof

Appointment Letter From the Current Employer

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Proof of Residence

Driving Licence, Passport, Aadhaar Card, Utility Bill

Interest Rates and Charges on Personal Loan For Corporate Employees

Before you apply for an instant personal loan for corporate employees, it’s important to know the related costs, like the interest rate and processing fees. At Hero FinCorp, the personal loan interest rates are competitive, and other charges are nominal. Here are the details

Fees & ChargesAmount Chargeable
Interest RateStarting from 1.58% per month
Loan Processing ChargesMinimum 2.5% + GST
Prepayment ChargesN.A.
Foreclosure Charges5% + GST
EMI Bounce ChargesRs 350/-
Interest on Overdue EMIs1-2% of the loan/EMI Overdue Amount Per Month
Cheque BounceFixed Nominal Penalty
Loan Cancellation1. 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 for Corporate Employees

As a corporate employee, you can apply for a personal loan online through our website or in person at our outlet or branch. The details of both these processes are listed below.

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Online Process

  • 01

    Visit the Hero FinCorp website or install the personal loan app

  • 02

    Go to the Personal Loan page and click ‘Apply Now

  • 03

    Enter your mobile number and verify with the OTP received

  • 04

    Choose the loan amount you need

  • 05

    Verify your KYC details to check income eligibility

  • 06

    Click ‘Submit’ to complete your application

Frequently Asked Questions (FAQs)

There are several factors that play a part in determining your Personal Loan interest rate. These include the following: Your credit score Your credit report remarks Your work experience and employment status Your salary
You can apply at your nearest Hero FinCorp branch or on our website or app with KYC documents and proof of your income.
Check your eligibility and gather the required documents. Based on your preference, apply online and offline. You can get approval in 10 minutes when you apply on the Hero FinCorp website or loan app.
Yes, the documentation requirement for a Personal Loan for corporate workers is minimal at Hero FinCorp. You only need your KYC details and proof of income.
As a corporate employee, you can apply for an instant Personal Loan from financial institutions, NBFCs and online lending institutions like Hero FinCorp.
You can get approved for a Personal Loan for corporate employees in 10 minutes or less when you apply through the Hero FinCorp website or loan app.
Yes, at Hero FinCorp, we offer Personal Loans for corporate employees with a repayment tenure ranging from 12 to 36 months.
Yes. As a corporate employee, you can readily apply for a Personal loan online. You can avail up to Rs 5 Lakh according to your needs and eligibility whenever you need.
No, documentation is an important requirement of the loan application process. Some NBFCs like Hero FinCorp may not ask you to submit physical copies of your documents when you apply online.
Yes, a corporate employee can obtain a Personal Loan with a low or poor CIBIL score. However, the lender may offer a smaller loan amount or charge a higher interest rate.
As a corporate employee, you can avail a Personal Loan of up to Rs 5,00,000 for any personal or professional purpose.