Personal Loan EMI Calculator
Gorakhpur is a significant city in Uttar Pradesh due to its historical importance, places of worship, markets, and emerging industries. Due to the rising cost of living, many residents are now opting for instant Personal Loans for planned or unplanned needs.
We, at Hero FinCorp, provide Personal Loans in Gorakhpur of up to Rs 5 Lakh at highly competitive rates and flexible repayment terms (12 to 36 months). All salaried or self-employed individuals with a stable monthly income of Rs 15,000 can apply online and get approval in just ten minutes.
Discover the convenience of securing a hassle-free Personal Loan in Gorakhpur through Hero FinCorp, offering you a range of significant benefits:
Access substantial funds, up to Rs 5 Lakh, tailored to your specific needs.
Enjoy the advantages of competitive rates that ensure budget-friendly monthly repayments.
Streamline the application process and expedite approval by obtaining a loan without collateral.
Gain access to a repayment schedule that perfectly aligns with your unique financial situation.
Embrace the convenience of swift approval and instant access to funds.
To apply for a personal loan in gorakhpur, ensure you meet the eligibility requirements. at hero fincorp, the personal loan eligibility criteria are simple and easy to fulfil.
| 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 |
At Hero FinCorp, the documentation requirements vary for salaried and self-employed individuals. It's important to check the required Personal Loan documents in advance to ensure a smooth and hassle-free application process.
Driving License, Passport, PAN Card, Aadhaar Card
Loan Application Form, Passport Size Photo
6 Months’ 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
Before applying, check out the interest rates for personal loans and other charges. At Hero FinCorp, there are no hidden charges. Here are the details.
| 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 |
To get approval in 10 minutes, you should apply for a Personal Loan with Hero FinCorp. Here is the stepwise process:
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
