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Personal Loan
in Aurangabad

  • Loan up to ₹5 Lakh
  • Minimum Salary Required ₹15K
  • Instant Approval
Apply Now

Apply for personal loan in aurangabad

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Get Personal Loan in Aurangabad With Quick Approval

Aurangabad is a historic city in Maharashtra located on the hilly terrain of the Deccan Traps. Surrounded by several historical wonders like the Ajanta and Ellora Caves, Panchakki, and Bibi ka Maqbara, it is a tourist hub attracting thousands each year. Formerly named Fatehnagar, it has a huge population with major economic contributions from artistic silk and cotton textile fabrics. Other major city attractions include the Himayat Bagh, Jama Mosque, Salim Ali Lake, Devagiri Fort, and Grishneshwar Temple.

If you are looking for a Personal Loan in Aurangabad, Hero FinCorp is the most reputable NBFC where you can find the best loan offer. Explore your options here and get one according to your requirement.

We Offer a Wide Range of Personal Loans!

Personal Loan EMI Calculator


Loan Detail

Select Loan Amount

Min ₹ 50,000

Max ₹ 3,00,000

Interest Rate

11 %

Min 11% p.a

Max 35% p.a.

Select Loan Repay Duration

12 Months

Min 6 Months

36 Months

Your Estimated EMI

₹ 4477

Features And Benefits of Hero Fincorp Personal Loan Aurangabad

Ready to apply for an instant cash loan in Aurangabad? Know its features and benefits before applying at the Hero FinCorp website:

High Loan Amount:

As its name suggests, a Personal Loan can cover any financial need. You can borrow up to Rs 5 Lakh at Hero FinCorp with few documentation requirements and easy processing. The application procedure is simple; ideally, you can get the money almost instantly.

Attractive Interest Rates:

The first thing to consider while applying for a Personal Loan is the interest rate. You can the best Personal Loan interest rate in Aurangabad based on your income, DTI ratio, and credit history. Attractive interest rates also make the EMIs manageable, allowing you to become debt-free and build a credit history.

Collateral-Free:

Don't have assets to pledge as collateral, or don't want them to put them at risk? Opt for a collateral-free Personal Loan in Aurangabad at Hero FinCorp and get the money you require without any collateral, security, or guarantor.

Flexible Repayment Tenure:

WWe are one of the best Personal Loan providers in Aurangabad, offering instant money with flexible repayment tenures. Opt for a term of up to 36 months with budget-friendly EMIs and pay them at your convenience. Use personal loan EMI calculator to make an informed decision.

Instant Approval:

Applying for a Personal Loan at Hero FinCorp is much faster and easier than doing it physically at a lender’s branch office. Also, if you complete all formalities, you can get approval almost instantly and accept the loan offer to receive a disbursal quickly.

Eligibility Criteria for Instant Personal Loan in Aurangabad

You must fulfil our eligibility criteria to obtain Personal Loan finance in Aurangabad. Our eligibility conditions are straightforward, and you can easily fulfil them if you meet our age, income, employment, and work experience requirements. Go through our eligibility conditions and ensure fulfilling them before applying.

Documents Required to Apply for a Personal Loan in Aurangabad

We require applicants to fulfil our set eligibility criteria to accept loan applications. We will demand a few necessary documents to support your claim if you think you are eligible. Don't worry; we don't call you at our branch office. You can apply for a Personal Loan in Aurangabad anytime from any place by uploading scanned copies of your documents for personal loan online.

Since salaried and self-employed individuals must provide different documents to prove their income, look at the following documentation requirements for both types of applicants before applying. Scan and upload their copies online to complete your loan application.

Documents Required

For Salaried Employee
Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

Job Continuity Proof

Appointment Letter From the Current Employer

Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

 

Documents Required

For Self Employed
Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

Proof of Income

Last Six Months Bank Statement, ITR for the Last Two Consecutive Years

Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

Proof of Business Existence

Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate

Interest Rates on Personal Loan in Aurangabad

The Personal Loan interest rate in Aurangabad depends on several factors. The lower the interest rate, the higher your EMI affordability. Some of the most important parameters we consider while determining your interest rate include the following:

  • Monthly income
  • Current financial obligations or DTI ratio
  • Repayment capacity
  • Employment, occupation, and work experience
  • Credit history and score
Fees & Charges Amount Chargeable
Interest Rate Starting from 1.75% per month or 21% per annum
Loan Amount ₹50,000 to ₹5 Lakh
Loan Processing Charges Minimum Processing fee is 2.5%+ GST
Interest on Overdue EMIs 1-2% of the loan/EMI Overdue Amount Per Month
Foreclosure Charges 5% + GST
Bounce Charges 350/-
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
No Other Hidden Charges

How to Apply For a Personal Loan in Aurangabad?

You can apply for an instant Personal Loan in Aurangabad at Hero FinCorp in just a few clicks. For that, you must follow these simple steps:

  1. Go through our personal loan eligibility and documentation requirements to check if you qualify.
  2. Use our personal loan eligibility calculator to decide the loan amount and tenure using our EMI calculator.
  3. Fill out an online application form on the Personal Loan of our website or mobile loan app.
  4. Provide your KYC details and upload the necessary documents.
  5. Submit the application after double-checking each detail.
  6. Accept the loan offer and get disbursal within a few hours.

Need more information about a Personal Loan in Aurangabad? Get in touch with a Hero FinCorp customer representative to clear your queries.

Frequently Asked Questions

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