Personal Loan for Doctors
Enhance your medical practice in Allahabad and contribute to better healthcare with a personal loan for doctors.
Personal Loan in Allahabad
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval in 10 minutes
Personal Loan EMI Calculator
Get Personal Loan in Allahabad With Quick Approval
Allahabad (Prayagraj), known for its vibrant culture, education hubs, and thriving industries, is a city full of opportunities. Whether you’re a salaried or self-employed individual looking to fund your education, home renovation, medical emergency, or wedding, Hero FinCorp can provide instant Personal Loans of up to Rs 5 Lakh in Allahabad at competitive interest rates starting from 1.58% per month and flexible repayment tenures or 12 to 36 months. You can apply online through the Hero FinCorp website or app and get the approval within 10 minutes with a minimum monthly income of Rs 15,000 only.
We Offer a Wide Range of Personal Loans!
Hero FinCorp offers a wide variety of Personal Loan options tailored to meet your specific needs. Whether you're planning a wedding, going on a vacation, or handling an urgent medical expense, we’ve got you covered.
Personal Loan for Travel
Get an instant personal loan for travel to cover your trip expenses and repay in a tenure of up to 36 months.
Personal Loan for Wedding
Get a personal loan for wedding of up to Rs 5 Lakh and handle all related expenses without hassle.
Personal Loan for Home Renovation
A personal loan for home renovation requires minimal documentation. Use it for repairing, painting, construction materials, and even labour costs.
Personal Loan for Self-Employed
Personal loans for self-employed individuals in Allahabad can help manage urgent personal or business-related expenses with ease.
Personal Loan for Women
Whether salaried or self-employed, female borrowers can obtain a personal loan for Women at attractive interest rates online.
Personal Loan for Government Employees
If you’re employed in the government sector, you can easily obtain a personal loan for government employees without collateral.
Personal Loan for Education
A personal loan for education at Hero FinCorp requires no collateral, guarantor, or security to finance your higher education.
Features and Benefits of Personal Loan in Allahabad
Personal Loans at Hero FinCorp are unsecured that you can take to meet your various financial needs. If you consider borrowing an instant Personal Loan in Allahabad, you must first understand its important features and benefits.
High Loan Amount
You can get between Rs 50,000 to 5 Lakh based on your eligibility and repayment capacity.
Attractive Interest Rates
Enjoy competitive personal loan interest rates starting from 19% per annum in Allahabad.
Collateral-Free
No need to provide collateral, deposit, or guarantor for the loan application or approval.
Flexible Repayment Tenure
Choose repayment tenure from 12 to 36 months as per your financial comfort.
Instant Approval
Get instant loan approval online through our website or mobile loan application.
Eligibility Criteria for Instant Personal Loan in Allahabad
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:
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.
List of Documents Required to Apply for a Personal Loan in Allahabad
At Hero FinCorp, the documentation requirements differ for salaried and self-employed applicants. It is better to know the requirements before applying and be ready with the essential personal loan documents to ensure a smooth application process. Here is the list of documents.
Documents Required For Self Employed
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Income Proof
Last 3 Months Salary Slips, 6 Months’ Bank Statements, and Form 16
Ownership Proof
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Documents Required For Self Employed
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Ownership Proof
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Income Proof
Last 6 Months' Bank Statements and ITR for 2 Years
Interest Rates and Charges on Personal Loans in Allahabad
Hero FinCorp offers attractive interest rates based on your eligibility, credit score, and income. Before applying, check the personal loan interest rate and other charges to ensure you get the best value for your financial needs.
| 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 |
How to Apply For a Personal Loan in Allahabad?
Here is a step-by-step guide to applying for a personal loan in Allahabad on the Hero FinCorp website:
- 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
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Frequently Asked Questions (FAQs)
Hero FinCorp offers Personal Loans starting at 1.58% per month. The final rate depends on your income, credit score, repayment capacity, and debt-to-income ratio.
Hero FinCorp is a preferred choice, offering instant cash loans with competitive interest rates, flexible terms, 100% digital processing, minimal charges, and reliable customer support.
At Hero FinCorp, repayment tenure ranges from 12 to 36 months, depending on your repayment ability.
EMIs depend on the loan amount, interest rate, and tenure. Use a Personal Loan EMI calculator to find a term with affordable monthly instalments.
You can fill up an application form through a lender like Hero FinCorp online by providing minimal documentation (KYC and income proof) in order to get instant approval.
You should be a citizen of India, 21-58 years old, with a monthly income of Rs 15,000 and work experience as per your occupation (salaried 6 months; self-employed 2 years).
Yes, you can get instant Personal Loans in Amritsar through the Hero FinCorp app. If you meet the loan eligibility criteria, you can get approved in 10 minutes.
You can get a Personal Loan of up to Rs 5 Lakh in Allahabad when you apply with Hero FinCorp.
Yes, Personal loans come with a nominal processing fee that is charged at the time of sanctioning the loan.
As per your convenience, you can apply either at your nearest Hero FinCorp branch or through our website or loan app.
Although there are many apps in India, the Hero FinCorp app is known to provide approval for a Personal Loan within 10 minutes.
No, without documentation, a loan sanction is not possible. At Hero FinCorp, no physical documents are required to apply online.
Yes, some lenders may give you a Personal Loan even when you have a low or poor CIBIL score, but they may not give you a higher loan amount or affordable rates.
Disclaimer
*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.