High Loan Amount
With Hero Fincorp, you can avail of a loan amount of up to Rs 5 Lakh.
Personal Loan in Burdwan
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 Burdwan With a Quick Approval
Burdwan is a city in West Bengal that is rich in culture and heritage. It is known for its historical sites, temples and cuisine. But with the increasing cost of living, local residents are now considering Personal Loans for their planned and unplanned needs. We, at Hero FinCorp, provide Personal Loans in Burdwan of up to Rs 5 Lakh with monthly interest rates starting from 1.58% per month and flexible repayment tenures (12 to 36 months). Both salaried and self-employed individuals with a monthly income of Rs 15,000 can apply online and receive approval in 10 minutes.
Features and Benefits of a Personal Loan in Burdwan
Looking for a personal loan in Burdwan which can fulfil your financial needs? Look no further than Hero Fincorp! Our loans offer a range of perks which can make the borrowing process easier and stress-free.
Attractive Interest Rate
We offer attractive interest rates which can make your monthly EMIs more affordable.
Collateral-Free
Our loans are collateral-free, so you don't have to worry about arranging any security for the loan.
Flexible Repayment Tenure
Hero FinCorp offers flexible repayment tenures that best suits your financial comfort.
Instant Approval Process
Our quick approval process ensures that you can get the funds you need quickly and easily.
Eligibility Criteria for an Instant Personal Loan in Burdwan
To get a personal loan, you need to meet certain eligibility criteria. Here are the major factors which determine your eligibility for a Personal 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 Burdwan
Obtaining an instant Personal Loan in Burdwan is a simple and stress-free process. The required personal loan documents at Hero FinCorp vary for salaried and self-employed applicants. Here’s a list of documents you’ll need.
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 Burdwan
Our Personal Loan interest rates are starting from 19% per annum, similar to other cities. This means you don't have to worry about paying excessive fees on top of the amount you borrow. For more information on our personal loan interest rates and other applicable charges, please refer to the details below:
| 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 Burdwan?
Looking to get an instant personal loan in Burdwan? Hero FinCorp offers instant loan approval for our customers; here are the steps to follow:
- 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 Customers Say About Us
❝
It's a great appreciation for obtaining the best personal loan with the fewest papers necessary and promptly disbursing loan ...funds. I truly appreciate your assistance. Simple procedure and a user-friendly interface. There are no problems, inquiries or anything else as long as you pay.
Savi Gupta
★★★★★
❝
Herofincorp has great funds for various purposes. I got the best personal loan offer compared to interest rates, terms, and fees for ...my best financial situation. Thanks for your assistance.
Rashi Kohli
★★★★★
❝
It is a simple procedure. For financial emergencies, it is the best option. Thanks for their assistance. Adaptable and well-balanced. You can acquire an immediate loan transfer with Hero FinCorp.
Lalji Soni
★★★★
❝
Processing is quick, and had great experiences with this personal loan application and service. I appreciate customer support's gentle communication in helping the process go more smoothly. interest rates provided on the personal loan is the lowest in market. Overall experience good. I'm grateful.
Raj Chaudhary
★★★★★
❝
I have been looking for a platform that allows me to borrow money quickly, it is convenient, safe and reliable to borrow money on this practical and reliable platform.
Kadam Kailash
★★★★★
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Frequently Asked Questions (FAQs)
You can get approval in as little as 10 minutes when you apply on the Hero FinCorp website or app.
The maximum loan amount you can get from Hero FinCorp is Rs 5,00,000.
Yes, it helps lenders assess your creditworthiness for a Personal Loan. A good score can help you get the best terms.
Personal loan interest rates vary based upon your credit profile and loan eligibility criteria. The minimum rate on a Personal Loan at Hero FinCorp starts from 19% per annum or 1.58% monthly.
You do not need many documents for a Personal loan. When you apply with Hero FinCorp online, you just need to provide your KYC details and income proof.
No, income proof is necessary for a Personal Loan application. You can provide your Form 16, income tax returns or bank statements.
Some lenders may charge a prepayment penalty. At Hero FinCorp, there is no penalty on prepayment, subject to terms and conditions.
Just fill out an application form with your KYC (Know Your Customer) details and submit it with your proof of income online or at your nearest Hero FinCorp branch office.