Flexible Repayment Tenure
Tailor your loan repayment according to your financial capabilities. You can have a loan tenure of 12-36 months.
Personal Loan in Cuddapah
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 Cuddapah With a Quick Approval Process
Cuddapah is a fast-developing city in Andhra Pradesh. It has several historical landmarks, mineral resources and growing industries. With growing expenses, people often seek extra money for various needs like home renovations, medical emergencies, or weddings on an urgent basis. In such situations, Personal Loans provide instant funds. We at Hero FinCorp provide Personal Loans in Cuddapah with attractive interest rates and flexible repayment periods (12 to 36 months). Whether you are salaried or self-employed, if you have an income of Rs 15,000 per month, we can approve your loan in 10 minutes if you apply online.
Features and Benefits of a Personal Loan in Cuddapah
Before you apply for a personal loan in Cuddapah, you must check out the features and benefits of these loans.
Instant Approval
Experience hassle-free loan processing with Hero FinCorp's instant approval feature.
High Loan Amount
Hero FinCorp offers loans of up to Rs 5 Lakh, allowing borrowers to meet diverse financial requirements.
Attractive Interest Rate
This feature helps borrowers minimise the overall cost of borrowing, making the loan more affordable.
Collateral-Free
Hero FinCorp's Cuddapah Personal Loans are unsecured, meaning borrowers can access funds without collateral.
Eligibility Criteria for Instant Personal Loan in Cuddapah
Let's explore the eligibility criteria for personal loan set by Hero Fin Corp for hassle-free processing:
| 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 Cuddapah
At Hero FinCorp, the documentation requirements differ for salaried and self-employed applicants. Check out the essential personal loan documents to ensure a smooth application process. Here is the list of documents.
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 Cuddapah
Embark on your financial journey with Hero FinCorp, offering competitive interest rates on personal loans starting from 19% per annum. This attractive rate ensures affordability and flexibility, making your dreams and aspirations easily accessible. Whether you're planning a wedding, education, travel, or home renovation, Hero FinCorp's personalised interest rates cater to diverse needs, providing a cost-effective solution. Experience a choice designed to make your Personal Loan experience with Hero FinCorp not just a financial choice but a smart one.
| 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 Cuddapah?
To apply for a Personal Loan in Cuddapah, just follow these steps:
- 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)
Yes, you should be between 21 and 58 years with an income of Rs 15,000 per month and required work experience (salaried: 6 months; self-employed: 2 years) to apply with Hero FinCorp.
Yes, you can avail a personal loan with minimal documents like your KYC details and income proof.
You can avail up to Rs 5,00,000 personal loan in cuddapah from Hero FinCorp online.
In Cuddapah, you can avail a personal loan with approval in less than 10 minutes when you apply on the Hero FinCorp app/website.
Certainly, self-employed persons can easily obtain a personal loan in Cuddapah, as long as they meet the eligibility criteria and provide the supporting documents.
No, some lenders may provide you a personal loan in cuddapah without credit scores, but they may provide either a small amount of loan or charge a higher interest rate.
The loan tenure may vary from lender to lender. At Hero FinCorp, personal loans in Cuddapah come with a repayment tenure of 12 to 36 months.