Apply for loan on HIPL app available on Google Playstore and App Store Download Now

Personal Loan in Durgapur

logo
Loan up to ₹5 Lakh
logo
Minimum Salary Required ₹15K
logo
Instant Approval
Personal Loan EMI Calculator

Monthly EMI

₹ 0

Interest Payable

₹ 0

Get a Personal Loan in Durgapur Up to 5 Lakh

Nestled in the heart of West Bengal, Durgapur is a city that beautifully balances industrial prowess with natural splendour, offering a diverse range of attractions for both residents and visitors alike. Among its renowned spots is the picturesque Durgapur Barrage, which invites strolls along its banks, granting captivating views of the meandering Damodar River.

As you explore these attractions and pursue various aspirations in Durgapur, consider the financial support offered by a Personal Loan in Durgapur. It can provide ample funds for any legal purpose, be it home renovation, wedding expenses, higher education or debt consolidation.

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.

1.png
Personal Loan for Self-Employed

Access tailored financial solutions to help self-employed individuals manage personal and business expenses efficiently.

2.png
Personal Loan for Women

We empower women with competitive interest rates and flexible repayment options to achieve their dreams.

3.png
Personal Loan for Government Employees

Government employees enjoy exclusive perks with competitive rates and flexible terms to meet personal needs quickly.

4.png
Personal Loan for Education

Investing in higher education is seamless, covering tuition and other expenses for a focused study approach.

5_4d202076f4.png
Personal Loan for Medical Professionals

Tailored financial solutions are available for medical professionals, seamlessly meeting their personal and professional needs.

6.png
Personal Loan for Travel

Make your dream vacation a reality with funds that let you explore and create memories, stress-free.

7.png
Personal Loan for Wedding

Celebrate your special day worry-free by covering wedding expenses, from venues to decorations, for a memorable event.

8.png
Personal Loan for Home Renovation

Transform your home into your dream space with easy renovations that reflect your unique style.

Features and Benefits of Personal Loan in Durgapur

Obtain a hassle-free Personal Loan in Durgapur through Hero FinCorp, where we offer a range of appealing features:

high-loan-amount.png
Huge Loan Amount

Get a personal loan of up to Rs 5 lakh in funds, empowering you to achieve your dreams.

attractive.png
Competitive Interest Rate

Enjoy competitive interest rates, ensuring affordable repayments and reduced borrowing costs.

Collateral.png
Collateral-Free

Enjoy hassle-free loans without collateral, simplifying the application and speeding up approval.

repayment-tenure.png
Flexible Repayment Tenure

Choose a 12 to 36 month repayment schedule that fits your financial needs easily.

instant-app.png
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:

HFCL_age_icon
Age

Applicants should be 21 to 58 years old for a Personal Loan.

citizenship.png
Citizenship

Candidates must hold Indian citizenship to qualify for the loan.

work-experience.png
Work Experience

You should have a work experience of at least six months for salary and two years for self-employed.

monthly_income.png
Monthly Income

Your monthly income should be at least ₹ 15,000 per month.

Documents Required to Apply for a Personal Loan in Durgapur

Hero FinCorp, your reliable source for Instant Personal Loans in Durgapur, is dedicated to ensuring a seamless experience for you. We request only a handful of essential documents to assess your eligibility and present you with personalised loan options, including instant cash loans.

Documents Required for Salaried Employee

identity_proof.png
Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

mand-doc.png
Mandatory Documents

Loan Application Form, Passport Size Photo

income.png
Proof of Income

6 Months’ Salary Slips & Bank Statements, Form 16

ownership.png
Job Continuity Proof

Appointment Letter from Current Employer

addr.png
Proof of Residence

Driving License, Passport, Aadhaar Card, Utility Bill

Additional Documents (Self-Employed Only)

N/A

Documents Required for Self-Employed

identity_proof.png
Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

mand-doc.png
Mandatory Documents

Loan Application Form, Passport Size Photo

income.png
Proof of Income

Last 6 Months Bank Statements, ITR for Last 2 Years

ownership.png
Job Continuity Proof

N/A

addr.png
Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

mandatory_documents.png
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.

Interest Rate

Starting from 1.58%* per month

Loan Processing Charges

Minimum Processing fee is 2.5%+ GST

Prepayment Charges

NA

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:

hfc

  • 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

Frequently Asked Questions (FAQs)

Hero FinCorp is amongst the top lending institutions offering minimum interest rates on Personal Loans. However, the interest rates depend on your eligibility and creditworthiness.

Yes, a 12% interest rate for a Personal Loan can be considered advantageous. Nonetheless, this rate may vary depending on your creditworthiness and related terms.

The interest rate and tenure influence the monthly instalment amount for a 1 lakh Personal Loan. Nevertheless, when you choose Hero FinCorp, our Personal Loan EMI Calculator allows you to calculate your monthly EMIs quickly and with ease.

Hero FinCorp offers Personal Loans to applicants with a minimum salary of Rs 15,000. However, it is recommended that you get in touch with our representatives for a detailed discussion.