Collateral-Free
You do not need to pledge any collateral or security to avail the loan.
Personal Loan In Bhuj
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval in 10 minutes
Personal Loan EMI Calculator
Get a Personal Loan in Bhuj With Quick Approval
Bhuj is a culturally vibrant city of Gujarat. It is famous for its historical forts, handicrafts and lively markets. Due to increasing living expenses, people in the city are now increasingly taking Personal Loans to fulfil their needs, be it for medical reasons, higher studies or travelling. Hero FinCorp provides Personal Lans in Bhuj of up to Rs 5 Lakh with attractive interest rates and repayment periods of up to 36 months. With a monthly income of just Rs 15,000, both salaried and self-employed people can apply online and get approval in 10 minutes.
Features and Benefits of a Personal Loan in Bhuj
We understand financial challenges can be stressful. Hero FinCorp’s personal loan in Bhuj helps ease your worries with key benefits:
Flexible Repayment Tenure
You can choose a loan repayment tenure of 12 to 36 months.
Quick Approval
You can get instant loan approval when you apply online.
High Loan Amount
You can get a loan of up to Rs 5 Lakh online.
Attractive Interest Rate
Our Personal Loan interest rates start from 1.58% per month.
Eligibility Criteria for Instant Personal Loan in Bhuj
Hero FinCorp offers Personal Loans in Bhuj, but you must meet specific personal loan eligibility criteria to increase your chances of being approved for the loan.
| Criteria | Description |
|---|---|
| Age | Applicant should be between 21-58 years |
| Citizenship | You should be a citizen of India. |
| Work Experience | Six months for salaried individuals and 2 years for self-employed individuals. |
| Monthly Salary | Applicant should at least earn a minimum amount of Rs 15,000 monthly |
List of Documents Required to Apply for a Personal Loan in Bhuj
Applying for a Personal Loan in Bhuj at Hero FinCorp only requires a few documents, including identity, address, proof of income, etc. However, the requirements may vary for salaried and self-employed individuals, so it is important to gather the correct documents and review the personal loan documentation requirements carefully.
Documents Required for Salaried Employee
Proof Of Photo Identity
Driving License, Passport, PAN Card, Aadhaar Card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
6 Months’ Salary Slips & Bank Statements, Form 16
Job Continuity Proof
Appointment Letter from Current Employer
Proof of Residence
Driving License, Passport, Aadhaar Card, Utility Bill
Additional Documents (Self-Employed Only)
N/A
Documents Required for Self-Employed
Proof Of Photo Identity
Driving License, Passport, PAN Card, Aadhaar Card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
Last 6 Months Bank Statements, ITR for Last 2 Years
Job Continuity Proof
N/A
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Additional Documents (Self-Employed Only)
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
Interest Rate and Charges for Personal Loan in Bhuj
Hero FinCorp offers personal loans in Bhuj with reasonable interest rates starting from 19% p.a. For more details, please check out the overview of our personal loan interest rates and other charges.
| 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 |
How to Apply For a Personal Loan in Bhuj?
Hero FinCorp offers quick approval for personal loans in Bhuj. If you want an instant loan of up to Rs 5 Lakh, you can install the Hero FinCorp app and apply online. It is a convenient opportunity for those who need a Personal Loan instantly. However, if you want a loan of up to Rs 5 Lakh, apply on the website.
- 1
Visit the Hero FinCorp website or install the personal loan app
- 2
Go to the personal loan page and click ‘apply now’
- 3
Enter your mobile number and verify with the OTP received
- 4
Choose the loan amount you need
- 5
Verify your KYC details to check income eligibility
- 6
Click ‘Submit’ to complete your application
What Our Clients Say About Us
Blogs
Frequently Asked Questions (FAQs)
No, loan tenure changes typically aren't allowed after disbursement in Bhuj or elsewhere.
Yes, Personal Loans can be used for medical emergencies in Bhuj (and any other location).
Unfortunately, changing the loan tenure after disbursement isn't possible (true for most lenders).
For foreclosure on a Personal Loan in Bhuj (or any other city), contact Hero FinCorp directly.
There usually is a grace period for EMI payments. You can contact Hero FinCorp for details specific to Bhuj.
At Hero FinCorp, the minimum income requirement to apply for a Personal Loan is Rs 15,000.
Hero FinCorp requires minimal documentation for a Personal Loan in Bhuj. When you apply online, the only documents you need are your KYC details and proof of income.
Yes, you can probably get a Personal Loan in Bhuj even with a bad or no credit score but the lender may not give you a larger loan amount or best rates.
You can get a Personal Loan in Bhuj of up to Rs 5,00,000 from Hero FinCorp without collateral.
The loan tenure may vary from lender to lender. At Hero FinCorp, Personal Loans come with a repayment tenure of 12 to 36 months.