Flexible Tenure
When applying for a Personal Loan in Bangalore, you can choose a repayment tenure of 12 to 36 months.
Personal Loan in Bangalore
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval in 10 minutes
Personal Loan EMI Calculator
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.
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.
High Loan Amount
You can get an instant cash loan of Rs 50,000 to 5 Lakh based on your need and eligibility criteria.
Minimal Paperwork
Why carry a stack of papers when you can have your loan approved with just your KYC details and proof of income.
Unsecured Loan
Hero FinCorp provides a Personal Loan in Bangalore to help you deal with financial emergencies without collateral.
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.
| Criteria | Requirement |
|---|---|
| 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. |
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
Proof of Photo Identity
Driving Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport-Size Coloured Photograph
Proof of Income
Three Months Salary Slip, Six Months Bank Account Statement, Form 16
Proof of Residence
Driving Licence, Passport, Aadhaar Card, Utility Bill
Job Continuity Proof
Appointment Letter From the Current Employer
Required Documents for Self-Employed Applicants
Proof of Photo Identity
Driving 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 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 & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 19% p.a. |
| 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 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:
- 01
Visit the Hero FinCorp website or install the personal loan app
- 02
Go to the instant personal Loan page and click on ‘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)
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.