H.Ai Logo
H.Ai Bot
Powered by GPT-4
Terms of Service

I have read through the Terms of Service for use of Digital Platforms as provided above by HFCL and I provide my express consent and agree to the Terms of Service for use of Digital Platform.

Personal Loan in Aurangabad

logo
Loan up to ₹5 Lakh
logo
Minimum Salary Required ₹15K
logo
Instant Approval
Personal Loan EMI Calculator

Monthly EMI

₹ 0

Interest Payable

₹ 0

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!

5.png
Personal Loan for Doctors

This loan enables doctors to cover their personal or professional expenses, including weddings, clinic setup, equipment purchase, higher education, etc

6.png
Personal Loan for Travel

Specially designed for holiday goers, you can pay the bills to travel around the world with our Personal Loan for travel

7.png
Personal Loan for Wedding

Want to make your wedding day memorable? Achieve all your wedding dreams with a Personal Loan for wedding

8.png
Personal Loan for Home Renovation

Want to revamp your house to match up with the trends? Renovate it with a Personal Loan in Aurangabad to make it more comfortable, stylish, and valuable

1 (1).png
Personal Loan for Self-Employed

A Personal Loan for self-employed can provide you with the required funds for a short period without putting up collateral

2.png
Personal Loan for Women

A Personal Loan for women is meant to cover various personal and professional expenses of women with a borrowing limit of up to Rs 5 Lakh.

3.png
Personal Loan for Government Employees

At Hero FinCorp, we have exclusively designed Personal Loans for government employees with simple eligibility criteria and reasonable interest rates.

4.png
Personal Loan for Education

You can use our Personal Loan for
 educations, ranging from paying tuition fees to achieving any other academic requirement.

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.png
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.

applicable-rate-of-interest (1).png
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.png
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.png
Flexible Repayment Tenure:

We 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-app.png
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.

HFCL_age_icon
Age

You must be at least 21 and a maximum of 58 years of age to apply for a Personal Loan at Hero FinCorp.

citizenship.png
Citizenship

We offer unsecured Personal Loans to Indian citizens only.

work-experience.png
Work Experience

Salaried employees must have a work experience of at least six months, and self-employed must be working in the current industry for at least two years.

monthly_income.png
Monthly Salary

You should have a minimum income of Rs 15,000 to qualify for a Personal Loan at Hero FinCorp.

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.

Salaried

identity.png
Proof Of Photo Identity

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

mand-doc.png
Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

income.png
Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

ownership.png
Job Continuity Proof

Appointment Letter From the Current Employer

area_of_residence.png
Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

Self Employed

identity.png
Proof Of Photo Identity

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

mand-doc.png
Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

income.png
Proof of Income

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

area_of_residence.png
Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

office-address-proof.png
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

 

Interest Rate

Starting from 1.58% per month or 30% 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

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:

  • 01

    Go through our personal loan eligibility and documentation requirements to check if you qualify.

  • 02

    Use our personal loan eligibility calculator to decide the loan amount and tenure using our EMI calculator.

  • 03

    Fill out an online application form on the Personal Loan of our website or mobile loan app.

  • 04

    Provide your KYC details and upload the necessary documents.

  • 05

    Submit the application after double-checking each detail.

  • 06

    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 (FAQs)

The Personal Loan interest rate in Aurangabad varies depending on the applicant's creditworthiness. We can provide the most competitive Personal Loan interest rates to eligible applicants.
We are amongst the top private loan providers in Aurangabad, offering the best terms. We offer ample loan amounts, competitive interest rates, flexible repayment terms, 100% digital loan procedures, minimal processing charges, and top-notch customer service.
As mentioned earlier, the interest rates are not fixed for Personal Loans. They largely vary based on income, repayment capacity, credit history, and other factors. The better your loan eligibility and repayment capacity, the lower the loan interest rate in Aurangabad.
The EMI of a loan can be made affordable using a Personal Loan EMI calculator that helps select a loan term with instalments you can easily afford. A longer tenure means smaller EMIs, while a shorter tenure leads to bigger EMIs.