Personal Loan EMI Calculator
Do you need a Personal Loan on a low salary? At Hero FinCorp, you can get a Personal Loan of up to Rs 5 Lakh on a salary of Rs 15,000 per month only. Whether you want it for a medical emergency, higher education, holidays or home repair, our Personal Loan provides you with the necessary money without delay.
You can apply on the Hero FinCorp website or app with your KYC information and income proof only. These loans come with competitive interest rates and flexible repayment tenures. You can easily get loan approval within 10 minutes when you apply online.
Hero FinCorp provides an easy process with simple yet basic eligibility criteria for funding. Does not matter if you are a salaried employee or self employed, the process is quick and easy, especially for those with low income, allowing you to be stress-free and handle your finances effectively.
Our low interest rates offer affordable payments and better financial management.
We offer collateral-free Personal Loans, ensuring simplicity, peace of mind, and security.
We offer flexible repayment tenures, allowing customization based on your financial needs.
Enjoy easy, instant approval with minimal paperwork and quick disbursement to your account.
Applicants can access up to Rs. 5 lakh for various personal expenses.
To apply for a Personal Loan with low salary, make sure you meet the eligibility requirements. At Hero FinCorp, the Personal Loan eligibility criteria are simple and easy to fulfil.
You should be a citizen of India.
Six months for salaried individuals and 2 years for self-employed individuals.
Applicant should at least earn a minimum amount of Rs 15,000 monthly
Applicant should be between 21-58 years
At Hero Fincorp, the documentation requirements differ for salaried and self-employed applicants. Check out the essential Personal Loan documents to ensure a smooth application process.
Six Month Salary Slip & Bank Account Statement, Form 16
Appointment Letter From the Current Employer
Driver Licence, Passport, Aadhaar Card, Utility Bill
Not Applicable
Driver’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Understanding the financial implications of your decision is crucial for making informed choices and avoiding future financial strain. To move ahead with this, it is important to be aware of your interest, and tenure. This awareness about the loan will help you to make informed decisions. Below is an overview of the fees and interest rates applicable to personal loans for low-salary employees, ensuring transparency and helping you manage your finances effectively.
For the application process, individuals can begin their process by downloading the Hero FinCorp instant personal loan app from the Android Play Store. After installation, follow the simple steps which will help you with the loan process.
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
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