Personal Loan for Self-Employed
Our Personal Loans for Self-Employed help entrepreneurs manage urgent personal or business-related expenses with ease.
Bareilly is one of the important cities in Uttar Pradesh, known for its history and culture as well as its increasing trade in zari products. Bareilly has historical monuments, like the Alakhnath Temple, and leisure destinations, like Fun Castle Water Park.
If you live in Bareilly and need instant cash for any planned or unplanned expenses, you can get a Personal Loan in Bareilly up to Rs 5 Lakh from Hero FinCorp with a monthly income of Rs 15,000. You can apply for a loan through our website or app and receive approval within 10 minutes. Our loans have competitive interest rates and flexible repayment tenures of up to 36 months.
Hero FinCorp offers a wide range of Personal Loans in Bareilly, each fulfilling the requirements of various applicants' financial needs.
With Hero FinCorp, borrowers get numerous benefits when applying for a Bareilly Personal Loan. Here are the key benefits.
To apply for a Personal Loan in Bareilly, you must meet the eligibility criteria, including your age, monthly income, work experience, and citizenship. At Hero FinCorp, the Personal Loan eligibility criteria are simple and easy to fulfil.
Documentation requirements vary slightly for salaried and self-employed applicants. So, being prepared with the necessary documents can help ensure a smooth and hassle-free application process. Here’s a list of the required Personal Loan documents.
Driving Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Six Months Salary Slips, Bank Account Statement, Form 16
Appointment Letter From the Current Employer
Driver Licence, Passport, Aadhaar Card, Utility Bill
Filled Loan Application Form, Passport Size Coloured Photograph
Driving Licence, Passport, PAN Card, Aadhaar card
Last Six Months’ Bank Statement, ITR for the Last Two Consecutive Years
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Hero FinCorp offers attractive Personal Loan interest rates. There are no hidden charges due to our transparent fee structure and loan charges. Here are the details.
Fees & Charges | Amount Chargeable |
Interest Rate | Starting from 1.58% per month |
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 |
Getting an instant personal loan in Bareilly is quick with Hero FinCorp. Follow these steps for fast approvals:
Visit the Hero FinCorp website or install the personal loan app
Go to the personal loan page and click ‘apply now’
Enter your mobile number and verify with the OTP received
Choose the loan amount you need
Verify your KYC details to check income eligibility
Click ‘Submit’ to complete your application