Collateral Free
Secure a loan without collateral, simplifying application and expediting approval.
Personal Loan in Canning
Loan up to Rs 5 Lakhs
Minimum Salary Required Rs 15K
Instant Approval in 10 minutes
Calculate Your Personal Loan EMI
Get Personal Loan in Canning With Quick Approval
Canning is a small town in West Bengal. It is near the Sundarbans and local markets. With easy availability of Personal Loans, people nowadays consider them for various purposes like higher education, medical treatment or buying home appliances or smartphones. We at Hero FinCorp provide Personal Loans in Canning of up to Rs 5 Lakh at attractive interest rates and flexible repayment periods. Whether you are a salaried or self-employed individual, if your monthly income is Rs 15,000, you can apply on our website or app and get approval in just ten minutes!
Features and Benefits of Personal Loan in Canning
To apply for a Personal Loan in Canning, ensure you meet the eligibility requirements. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.
Flexible Repayment Tenure
Enjoy flexible repayment tenure from 12 to 36 months, suiting your financial needs.
Quick Approval
Enjoy instant approval and quick access to funds, fulfilling financial needs promptly.
High Loan Amount
Get personal loans up to Rs 5 lakh, tailored to achieve your goals and aspirations.
Competitive Interest Rate
Enjoy competitive rates, keeping monthly repayments affordable and reducing overall borrowing costs.
Eligibility Criteria for Instant Personal Loans in Canning
To apply for a Personal Loan in Canning, ensure you meet the eligibility requirements. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.
| Criteria | Requirement |
|---|---|
| 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 Income | Applicant should at least earn a minimum amount of Rs 15,000 monthly |
List of Documents Required to Apply for a Personal Loan in Canning
Hero FinCorp is your trusted Personal Loan provider in Canning, and that is why we aim to make the process as smooth as possible. Here are the personal loan documents we 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 Canning
In Canning, Hero FinCorp distinguishes itself with highly competitive interest rates for personal loans, up to 30% annually. It ensures favourable terms and affordable repayment options for borrowers. Opting for Hero FinCorp enables individuals to enjoy lower monthly payments and minimised borrowing costs, leading to interest savings. The commitment to providing competitive interest rates empowers borrowers to effectively manage their finances while accessing the necessary funds to accomplish their goals.
| 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 Canning?
Here’s how you can apply for a personal loan in Canning:
- 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
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Frequently Asked Questions (FAQs)
You must meet certain eligibility criteria to get a loan in Canning, and you must have all the required documents.
Even if you have a bad or no credit history, we offer you Personal Loans, but we need you to meet all the eligibility criteria and present all required documents.
Personal Loan interest rates vary based on your credit score and loan eligibility. Hero FinCorp’s interest rates start from 1.58% per month or 19% per annum.
Yes, Personal Loans are unsecured, so you do not need any security, guarantor or collateral to apply.
You can use a Personal Loan EMI calculator online to estimate your EMI amount by entering the loan amount, tenure and interest rate.
You can get up to Rs 5,00,000 Personal Loan in Canning from Hero FinCorp online.
In Canning, you can avail a Personal Loan with approval in less than 10 minutes when you apply on the Hero FinCorp app/website.
Yes, Personal loans have a nominal processing fee, which gets deducted during the processing of your application.
Some lenders may charge prepayment penalties. At Hero FinCorp, there is no penalty on prepayment. You can contact the customer care for the terms and conditions.
Yes, both self-employed professionals and salaried employees can easily avail a Personal Loan for Education by meeting simple eligibility criteria.