Personal Loan for Self-Employed
A personal loan for self-employed can help entrepreneurs manage urgent personal or business-related expenses with ease.
Personal Loan in Durgapur
Loan up to ₹5 Lakh
Minimum Salary Required ₹15K
Instant Approval in 10 minutes
Personal Loan EMI Calculator
Get Personal Loan in Durgapur With Quick Disbursal
Durgapur, India's first planned industrial city, has a reputation for its steel business and state-of-the-art infrastructure. With the growth of the city, the cost of living is also increasing. To manage planned or unforeseen expenses, Personal Loans are now being considered by people. Hero FinCorp offers Personal Loans in Durgapur at competitive rates of interest and flexible repayment tenures from 12 to 36 months. Whether you are salaried or self-employed, if you make at least Rs 15,000 a month, you can apply online and get approval in 10 minutes.
We Offer a Wide Range of Personal Loans
Explore the reliable financial support of Hero FinCorp when seeking an Instant Personal Loan in Durgapur. Our loans are tailored to meet your specific financial needs and aspirations.
Personal Loan for Women
Whether salaried or self-employed, female borrowers can obtain a personal loan for women at attractive interest rates online.
Personal Loan for Government Employees
If you’re working in the government sector, you can easily obtain a personal loan for government employees without collateral.
Personal Loan for Education
You can use a personal loan for education to pay for all education-related costs like tuition fees, study materials or visa fees.
Personal Loan for Medical Professionals
Healthcare professionals can get a personal loan for doctors for various personal and professional needs
Personal Loan for Travel
Get a personal loan for travel with approval in 10 minutes for your national or international trips.
Personal Loan for Wedding
Get a personal loan for wedding of up to rs 5 Lakh and handle all related expenses without hassle.
Personal Loan for Home Renovation
Upgrade your home interiors, kitchen or façade with a personal loan for home renovation.
Features and Benefits of a Personal Loan in Durgapur
Obtain a hassle-free Personal Loan in Durgapur through Hero FinCorp, where we offer a range of appealing features:
Huge Loan Amount
Get a personal loan of up to Rs 5 lakh in funds, empowering you to achieve your dreams.
Competitive Interest Rate
Enjoy competitive interest rates, ensuring affordable repayments and reduced borrowing costs.
Collateral-Free
Enjoy hassle-free loans without collateral, simplifying the application and speeding up approval.
Flexible Repayment Tenure
Choose a 12 to 36 month repayment schedule that fits your financial needs easily.
Instant Approval
Experience fast approvals and instant access to funds, meeting your financial needs promptly.
Eligibility Criteria for Instant Personal Loans in Durgapur
Obtaining approval for a Hero FinCorp Personal Loan in Durgapur is very easy, thanks to our clear eligibility guidelines. To qualify, you should meet the following criteria:
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
Age
Applicant should be between 21-58 years
List of Documents Required to Apply for a Personal Loan in Durgapur
The documentation requirements at Hero FinCorp vary for salaried and self-employed applicants. It's advisable to check the required personal loan documents in advance to ensure a smooth and hassle-free application process.
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 Durgapur
As your trusted Personal Loan provider in Durgapur, Hero FinCorp is fully committed to delivering premier financial solutions tailored to your needs in Durgapur.
| 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 Durgapur?
Here’s how you can apply for a Personal Loan in Durgapur from us:
- 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 should meet the eligibility criteria, have a good credit score and a low debt-to-income (DTI) ratio to get the maximum loan amount.
You should be 58 years old at the time of applying for a personal loan with Hero FinCorp.
You can apply for a personal loan in durgapur online through the Hero FinCorp website or app.
In Durgapur, you can avail a personal loan with approval in less than 10 minutes when you apply on the Hero FinCorp app/website.
You can get the money in your bank account soon after the approval of your personal loan. At Hero FinCorp, the online approval takes less than 10 minutes.
You need minimal documentation when you apply online with Hero FinCorp. Also, you get approval in less than 10 minutes.
You can get a personal loan of up to Rs 5 Lakh at competitive rates (1.58% per month) and flexible tenures (12-36 months).