Personal Loan for Self-Employed
Get up to Rs 5 Lakh to expand your business with a personal loan for self-employed with flexible terms and attractive rates.
Cuttack is one of the oldest cities in Odisha. It has become famous for silver filigree crafts. With increasing cost of living, local residents often look for additional funds for various planned and urgent requirements. Hero FinCorp offers Personal Loans in Cuttack with attractive rates of interest and repayment terms of 12 to 36 months. Whether you are salaried or self-employed, if your monthly income is Rs 15,000, we can approve your loan in 10 minutes if you apply online.
Discover Hero FinCorp's dependable support for securing a Personal Loan in Cuttack. Our loans are tailored to address your specific needs and financial aspirations within the city.
Unlock a hassle-free Personal Loan in Cuttack with attractive features from Hero FinCorp. We offer competitive interest rates, flexible repayment options, and instant approvals to meet your diverse financial needs.
To apply for a personal loan in cuttack, make sure you meet the eligibility requirements. at hero fincorp, the personal loan eligibility criteria are easy to fulfil.
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.
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
6 Month's 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
To apply for a personal loan in cuttack, it’s important to know the related costs. at hero fincorp, the personal loans interest rates are competitive and other charges are nominal.
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 |
Here’s how you can apply for a personal loan in Cuttack from Hero FinCorp online.
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.