Personal Loan for Self-Employed
A personal loan for self-employed individuals can be used for personal and professional purposes.
Berhampur, one of the key cities in Odisha, is popular for its trade, educational institutions and rich culture. With rising cost of living, instant Personal Loans are becoming the go-to solution for both salaried and self-employed individuals seeking instant money.
With Hero FinCorp, you can get a Personal Loan in Berhampur at competitive rates with flexible tenures. Whether you're salaried or self-employed, if you have an earning of Rs 15,000 per month, you can apply online and get approval for up to Rs 5 Lakh in less than ten minutes.
At Hero FinCorp, we offer a wide range of personal loans for salaried employees, self-employed individuals and other professionals.
Explore the perks of choosing Hero Fincorp for your personal loan needs in Berhampur:
If you are applying for a Personal Loan in Berhampur with Hero FinCorp, check out the eligibility criteria for a personal loan:
Getting an instant personal loan from Hero FinCorp in Berhampur is easy! Here are the documents required for a personal loan.
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Last 6 Months Salary Slips, Bank Statements, and Form 16
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Last 6 Months Bank Statements and ITR for 2 Years
At Hero FinCorp, the personal loan interest rates are competitive, and other charges are nominal. 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 |
Follow these steps for a seamless personal loan application in Berhampur:
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
You can use the personal loan emi calculator to compare different lenders by entering the interest rates offered by them, besides the loan amount you need and the preferred repayment tenure.
*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.