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
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. Whether it's for education, medical costs, or personal commitments, our process is simple, digital, and hassle-free.

We Offer a Wide Range of Personal Loans!d

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

Designed to meet the unique financial requirements of medical professionals, such as setting up a clinic, buying equipment, or funding higher studies.

Personal Loan for Travel

Planning a vacation? Get a Personal Loan 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 Loans 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 loan that offers flexibility and easy terms for renovations, repairs, and upgrades.

Personal Loan for Self-Employed

Aimed at self-employed individuals, these loans help you cover business or personal needs without the hassle of collateral.

Personal Loan for Women

Specifically tailored for female borrowers, offering loans 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 a Personal Loan to finance tuition fees and other academic expenses without the burden of upfront payments.

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 Personal Loan providers in Bangalore with Hero FinCorp, ensure you meet the following eligibility criteria.

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Minimum Income:

You must earn Rs 15,000 or above per month.

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Citizenship & Age:

You must be an Indian resident  aged between 21 years and 58 years.

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Occupation Status:

Salaried, as well as self-employed individuals, are eligible to apply.

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Work Experience:

Salaried applicants need 6+ months in their current job; self-employed require 2 years in current business.

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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Job Continuity Proof

Appointment Letter From the Current Employer

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Proof of Residence

Driving Licence, Passport, Aadhaar Card, Utility Bill

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 competitive interest rates based on your eligibility, credit score, and income. Review the rates and charges before applying to ensure the loan suits your financial needs.

Interest Rate

Our interest rates start as low as 1.58% per month (or 30% per annum).

Loan Amount

You can avail of a loan ranging from Rs 50,000 to 5 Lakh, depending on your eligibility and requirements.

Loan Processing Charges Fee

There is a processing fee of 2.5% + GST on the loan amount.

Interest on Overdue EMIs

If an EMI is overdue, you will be charged 1-2% on the overdue amount per month.

Foreclosure Charges

If you wish to foreclose your loan early, a fee of 5% + GST applies.

Bounce Charges

If an EMI is bounced, there will be a Rs 350 charge.

Loan Cancellation

1. No Cancellation Charges for Online Loans.
2. Interest Amount Non-refundable.
3. Processing Charges 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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Online

  • 01

    Visit the Hero FinCorp website or install the Personal Loan app

  • 02

    Go to the Personal Loan page and click on ‘Apply Now

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    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

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    Click ‘Submit’ to complete your application

Before applying, check your eligibility using our Personal Loan Eligibility Calculator to find out the amount you are eligible for along with loan EMI and max tenure.

Need more information about a Personal Loan in Bangalore? Get in touch with a Hero FinCorp customer representative.

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.