Personal Loan in Bangalore

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Loan up to Rs 5 Lakh
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Minimum Salary Required Rs 15K
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Instant Approval in 10 minutes
Personal Loan EMI Calculator

Monthly EMI

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Interest Payable

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Get Personal Loan in Bangalore With Quick Approval

Bangalore, the Silicon Valley of India, is a fast-paced city where life can often come with unexpected expenses. Whether you're a salaried professional or an entrepreneur, financial needs can arise at any time—from medical emergencies and weddings to travel or home renovations.

Hero FinCorp offers instant Personal Loans in Bangalore with quick approval, minimal documentation, and zero collateral. You can borrow up to Rs 5 Lakh to meet your needs without delay. With competitive interest rates, flexible repayment tenures, and a minimum monthly income requirement of just Rs 15,000, our process is simple, digital, and hassle-free. Plus, you can enjoy instant approval in just 10 minutes—whether it’s for education, medical costs, or personal commitments.
 

We Offer a Wide Range of Personal Loans

Hero FinCorp offers a diverse selection of Personal Loans, designed to meet various financial needs. Whether you're self-employed, salaried, or a business owner, we have the right loan product for you. 

Personal Loan for Doctors

A Personal Loan for Doctors is designed to meet the financial requirements of medical professionals, such as setting up a clinic or buying equipment.
 

Personal Loan for Travel

Planning a vacation? Get a Personal Loan for Travel to fund your travel expenses, from flights to accommodation, and repay in easy EMIs.

Personal Loan for Wedding

Your wedding is a special occasion. Our Personal Loan for Wedding can cover wedding-related expenses, from venue costs to catering and decorations.

Personal Loan for Home Renovation

Renovate your home to fit your style with a Personal Loan for Home Renovation that offers flexibility and easy terms for renovations, repairs, and upgrades.

Personal Loan for Self-Employed

Aimed at entrepreneurs, our Personal Loan for Self-employed can help you cover business or personal needs without the hassle of collateral.

Personal Loan for Women

Whether salaried or self-employed, our Personal Loan for Women can offer up to Rs 5 Lakh with flexible repayment terms.

Personal Loan for Government Employees

Hero FinCorp offers affordable and quick personal loans to government employees with competitive interest rates and minimal documentation.

Personal Loan for Education

Secure our Personal Loan for Education to finance your tuition fees and other academic expenses without hassle.

Features and Benefits of Personal Loans in Bangalore

Hero FinCorp Personal Loan in Bangalore not only helps you meet your personal expenses but also comes with a host of other benefits.

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Flexible Tenure

When applying for a Personal Loan in Bangalore, you can choose a repayment tenure of 12 to 36 months.

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High Loan Amount

You can get an instant cash loan of Rs 50,000 to 5 Lakh based on your need and eligibility criteria. 

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Minimal Paperwork

Why carry a stack of papers when you can have your loan approved with just your KYC details and proof of income.

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Unsecured Loan

Hero FinCorp provides a Personal Loan in Bangalore to help you deal with financial emergencies without collateral.

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Instant Approval

With Hero FinCorp, you can get loan approval instantly when you apply on the Hero FinCorp website or loan app.

Eligibility Criteria for Personal Loan in Bangalore

When applying for an instant loan in Bangalore with Hero FinCorp, ensure you meet the Personal Loan eligibility criteria.

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Citizenship

You should be a citizen of India.

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Work Experience

Six months for salaried individuals and 2 years for self-employed individuals.

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Monthly Income

You should have a minimum income of Rs 15,000 monthly.

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Age

Applicants should be between 21 and 58 years.

Documents Required to Apply for a Personal Loan in Bangalore

To make the application process easier, Hero FinCorp requires minimal documentation for personal loans. The documents vary for salaried and self-employed applicants. Here's what you'll need to apply in Bangalore:

Required Documents for Salaried Applicants

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Proof of Photo Identity

Driving Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport-Size Coloured Photograph

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Proof of Income

Three Months Salary Slip, Six Months Bank Account Statement, Form 16

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Proof of Residence

Driving Licence, Passport, Aadhaar Card, Utility Bill

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Job Continuity Proof

Appointment Letter From the Current Employer

Required Documents for Self-Employed Applicants

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Proof of Photo Identity

Driving Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport-Size Coloured Photograph

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Proof of Income

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

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

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Proof of Business Existence

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

Interest Rates on Personal Loan in Bangalore

Hero FinCorp offers a competitive Personal Loan interest rate based on your eligibility, credit score, and income. Always review the applicable rates and charges before applying to ensure the loan aligns with your financial needs.

Fees & ChargesAmount Chargeable
Interest RateStarting from 1.58% per month
Loan Processing ChargesMinimum 2.5%+ GST
Prepayment ChargesN.A.
Foreclosure Charges5% + GST
EMI Bounce ChargesRs 350/-
Interest on Overdue EMIs1-2% of the loan/EMI Overdue Amount Per Month
Cheque BounceFixed Nominal Penalty
Loan Cancellation1. 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 Bangalore?

Applying for a Personal Loan in Bangalore with Hero FinCorp is quick, easy, and completely online. Follow these simple steps to complete your loan application:

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  • 01

    Visit the Hero FinCorp website or install the personal loan app

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    Go to the instant personal Loan page and click on ‘apply now

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    Enter your mobile number and verify with the OTP received

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    Choose the loan amount you need

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    Verify your KYC details to check income eligibility

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    Click ‘Submit’ to complete your application

Frequently Asked Questions (FAQs)

At Hero FinCorp, eligibility is based on your age, income, job stability, credit history, and debt-to-income ratio. These factors help us assess your repayment ability and offer a suitable loan amount.
Applying online with Hero FinCorp offers convenience, minimal documentation, 24/7 access, instant approval, and quick disbursal. You also benefit from seamless comparison and support—all without needing to visit a branch.
Maintain a strong credit score, avoid frequent job changes, clear past dues, and apply while working with a reputed company. These steps can improve your chances of securing a competitive interest rate with Hero FinCorp.
No, changing your employer won’t affect your loan or EMI unless payments are missed or you request changes. Just inform us about your job change within the required timeframe to keep your records updated.
Interest rates on Personal Loans differ largely due to credit scores and the applicant's loan eligibility. Hero FinCorp's Personal Loan rate starts from 1.58% per month or 19% per annum.
You can apply for your instant Personal Loan online either on the Hero FinCorp website or loan app. If you meet our eligibility criteria, you can get loan approval in 10 minutes.
You need to be an Indian citizen aged between 21-58 years. Your minimum monthly income must be Rs 15,000. You should have work experience relevant to your profession (if you're salaried, you need 6 months, and if self-employed, you need to have 2 years).
No, documentation is crucial for your loan application. Here, at Hero FinCorp, the documentation requirement is simple. All we ask for is your KYC information and proof of income. Also, when you apply for the loan online, you do not need to submit hard copies of the documents that we ask for.
Yes, you can get a Personal Loan with a low credit or CIBIL score, but most likely, the lender may offer a smaller loan amount, or charge a higher rate of interest, or both.
With Hero FinCorp, you can apply for a maximum loan amount of Rs 5,00,000 and receive the approval in less than 10 minutes.
The loan tenure might differ from lender to lender. At Hero FinCorp, Personal Loans in Bangalore come with a loan repayment tenure of 12 to 36 months.
At Hero FinCorp, the documentation requirement is minimal. Only KYC details and proof of income are required.
Yes, the application process for a Personal Loan in Bangalore is entirely paperless through Hero FinCorp. You need to provide your KYC details and your proof of income online.
Certainly, you can use a Personal Loan for wedding-related purposes or for a medical emergency and be assured as they are unsecured loans with open-ended usage.
There are a number of benefits when you apply for a Personal Loan. Competitive interest rates, flexible repayment tenure, and 100% online application process are some of the advantages of the loan.
The tentative time for a Personal Loan approval will be 10 minutes if you apply on the Hero FinCorp loan app or website.

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.