Personal Loan EMI Calculator
Allahabad (Prayagraj), located in Uttar Pradesh, is known for its vibrant culture, education centres, and growing industries. Whether you are salaried or self-employed and need funds for education, home renovation, medical emergencies, or wedding expenses, Hero FinCorp offers a Personal Loan in Allahabad of up to Rs 5 Lakh. These loans come with attractive interest rates, starting from 1.58% per month, and flexible loan tenure options ranging from 12 to 36 months. You can apply online and get approval within 10 minutes, with a minimum monthly income of just Rs 15,000.
Personal Loans from Hero FinCorp are unsecured, meaning no collateral is required. These loans are designed to meet various financial needs and support a convenient, hassle-free loan experience. Check out the key features and benefits.
You can get between Rs 50,000 to 5 Lakh based on your eligibility and repayment capacity.
Enjoy competitive personal loan interest rates starting from 19% per annum in Allahabad.
No need to provide collateral, deposit, or guarantor for the loan application or approval.
Choose repayment tenure from 12 to 36 months as per your financial comfort.
Get instant loan approval online through our website or mobile loan application.
At Hero FinCorp, we evaluate your personal loan eligibility in Allahabad based on several factors, including your age, income, work experience, credit score, financial obligations, etc. Following are the Personal Loan eligibility conditions that you must fulfil to improve your chances of approval:
| Criteria | Requirement |
|---|---|
| Age | Applicants should be between 21 and 58 years. |
| Citizenship | You should be a citizen of India. |
| Work Experience | Six months for salaried individuals and 2 years for self-employed individuals. |
| Monthly Income | You should have a minimum income of Rs 15,000 monthly. |
Personal Loans involve minimal paperwork. With Hero FinCorp, there’s no need to submit physical documents. You only need your KYC details such as PAN and Aadhaar, linked to your bank account, to complete the loan application smoothly.
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Last 3 Months Salary Slips, 6 Months’ Bank Statements, and Form 16
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Last 6 Months' Bank Statements and ITR for 2 Years
Hero FinCorp offers a competitive rate of interest based on eligibility, income, and credit profile. Reviewing the Personal Loan EMI and overall cost before applying helps you manage finances better.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 19% p.a. |
| 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. The online loan app does not charge any cancellation charges |
| 2. The interest amount paid is non-refundable | |
| 3. Processing charges are also non-refundable |
Our loan application process is simple and convenient, designed to help you get the funds quickly. Here is a step-by-step guide to applying for a personal loan in Allahabad online:
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
Once approved, you will get the funds in your account within a few hours.
Here are some reasons why Hero FinCorp is a preferred Personal Loan provider in Allahabad.
It's a great appreciation for obtaining the best personal loan with the fewest papers necessary and promptly disbursing loan ...funds. I truly appreciate your assistance. Simple procedure and a user-friendly interface. There are no problems, inquiries or anything else as long as you pay.
Herofincorp has great funds for various purposes. I got the best personal loan offer compared to interest rates, terms, and fees for ...my best financial situation. Thanks for your assistance.
It is a simple procedure. For financial emergencies, it is the best option. Thanks for their assistance. Adaptable and well-balanced. You can acquire an immediate loan transfer with Hero FinCorp.
Processing is quick, and had great experiences with this personal loan application and service. I appreciate customer support's gentle communication in helping the process go more smoothly. interest rates provided on the personal loan is the lowest in market. Overall experience good. I'm grateful.
I have been looking for a platform that allows me to borrow money quickly, it is convenient, safe and reliable to borrow money on this practical and reliable platform.
