Personal Loan for Self-Employed
Entrepreneurs can easily apply for a personal loan for self-employed at competitive rates, starting from 19% per annum.
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.
Get instant Personal Loans with minimal paperwork, quick approvals, flexible repayment options, and competitive interest rates to meet your financial needs.
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.
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:
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.
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
6 Months’ Salary Slips & Bank Statements, Form 16
Appointment Letter from Current Employer
Driving License, Passport, Aadhaar Card, Utility Bill
N/A
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
Last 6 Months’ Bank Statements, ITR for Last 2 Years
N/A
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
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 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 |
Looking to get an instant personal loan in Burdwan? Hero FinCorp offers instant loan approval for our customers; here are the steps to follow:
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
*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.