Personal Loan for Education
A personal loan for education from Hero FinCorp requires no collateral, guarantor, or security—making it a simple way to fund your higher education.
Ahmednagar, a growing city in Maharashtra, is well-known for its historic sites and developing infrastructure. With the growing cost of living, many residents are now using Personal Loans for handling various planned and unplanned expenses.
We at Hero FinCorp offer Personal Loans in Ahmednagar of up to Rs 5 Lakh at competitive interest rates and flexible repayment tenures. So, whether you're salaried or self-employed, if your monthly income is Rs 15,000, you can apply on the Hero FinCorp website or app and get approval in just 10 minutes.
Find out the various loan types we offer to different borrowers according to their needs.
Looking for an instant cash loan in Ahmednagar? Let’s explore its features and benefits at Hero FinCorp:
Wondering whether you are eligible for a personal loan in Ahmednagar with us? At Hero FinCorp, we have simple eligibility criteria for personal loan that almost anyone can fulfil, provided they have stable employment and fall within our required age bracket. Check out if you fulfil these eligibility requirements:
At Hero FinCorp, the documentation requirements differ for salaried and self-employed applicants. It is better to be ready with the essential personal loan documents to ensure a smooth application process. Here is the list of documents.
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
6 Months’ Salary Slips & Bank Statements, Form 16
Appointment Letter from Current Employer
Driving License, Passport, Aadhaar Card, Utility Bill
N/A
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
Last 6 Months Bank Statements, ITR for Last 2 Years
N/A
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
At Hero FinCorp, the personal loan interest rates are competitive, and other charges are nominal. Here are the details.
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 |
The personal loan application procedure at Hero FinCorp is 100% digital, paperless, and hassle-free. You can apply for one from the comfort of your home and get the required funding within minutes. These are the simple steps to follow:
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
*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.