Instant approval with minimal documentation:
You can get a personal Loan in Guwahati approved in 10 minutes with minimal documentation requirement.
Personal Loan in Guwahati
Loan up to ₹5 Lakh
Minimum Salary Required ₹15K
Instant Approval in 10 minutes
Personal Loan EMI Calculator
Get Personal Loan in Guwahati With Quick Approval
Guwahati is one of the biggest cities in the Northeast region of India. It is a key entry point to the region. A small trading town in the past, Guwahati has evolved into one of Assam's most developing cities now. Due to numerous industries and business activity, it remains active and houses an increasingly growing population. The standard of living is also high here, particularly because of costly real estate and day-to-day expenses.
If you are a salaried or self-employed person living in Guwahati and require additional funds—whether it is for medical care, wedding arrangements, or other necessities—you can take a Personal Loan of Rs 5 Lakh from Hero FinCorp. We offer competitive interest rates and convenient repayment periods of up to 36 months on our loans. Even with a minimum monthly income of Rs 15,000, you can apply for a loan and get approval in less than 10 minutes. It is a fast and easy way to manage your expenses hassle-free.
Features And Benefits of Hero FinCorp Personal Loan Guwahati
Hero FinCorp, a Personal Loan finance company in Guwahati, offers Personal Loans with the following benefits:
High loan amount:
At Hero FinCorp, you can get up to Rs 5,00,000 online for various planned or unplanned expenses.
Competitive interest rates:
The Personal Loan interest rate in Guwahati starts from 1.58% per month or 19% per annum.
Zero collateral requirement:
At Hero FinCorp, Personal Loans require no collateral, helping you get faster approvals than most other loans.
Flexible repayment options:
Our Personal Loans in Guwahati come with flexible repayment tenures ranging from 12 to 36 months.
Eligibility Criteria for Instant Personal Loan in Guwahati
To apply for an instant loan in Guwahati through Hero FinCorp, you must meet the basic personal loan eligibility criteria listed below
| Eligibility Criteria | Details |
|---|---|
| Age | You should be between 21 and 58 years. |
| Citizenship | You should be a citizen of India. |
| Work Experience | Six months for salaried applicants and 2 years for self-employed applicants. |
| Monthly Income | You should have a minimum income of Rs 15,000 monthly. |
List of Documents Required to Apply for a Personal Loan in Guwahati
At Hero FinCorp, the personal loan documents required vary for salaried and self-employed applicants. Check the specific requirements before applying and stay prepared with the right documents to ensure a smooth application process.Here are the details:
Documents Required For Salaried Employee
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Six Month Salary Slip & Bank Account Statement, Form 16
Job Continuity Proof
Appointment Letter From the Current Employer
Proof of Residence
Driver Licence, Passport, Aadhaar Card, Utility Bill
Documents Required For Self Employed
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Proof of Business Existence
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Interest Rates on Personal Loans in Guwahati
Although the personal loan interest rates in Guwahati at Hero FinCorp are competitive, you must be prepared to pay some other charges that are not recurring. Here are a few of them:
| 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 Guwahati?
To apply for a Personal Loan in Guwahati from Hero FinCorp, follow these steps:
- 01
Visit the Hero FinCorp website or install the personal loan app
- 02
Go to the personal loan page and click ‘apply now’
- 03
Enter your mobile number and verify with the OTP received
- 04
Choose the loan amount you need
- 05
Verify your KYC details to check income eligibility
- 06
Click ‘Submit’ to complete your application
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Frequently Asked Questions (FAQs)
EMI or equated monthly instalment for Personal Loan consists of the loan amount, applicable interest rate and repayment tenure. You can use an online EMI calculator to know your monthly instalment amount instantly.
The salary requirement for a Personal Loan application is not the same for every lender. For instance, at Hero FinCorp, the minimum monthly salary requirement is Rs 15,000.
No, you cannot apply for a Personal Loan without salary slips. You can use other proof of income as a salaried employee, such as Form 16, bank statements, or ITRs (income tax returns).
If you urgently want to apply for a Personal Loan, applying online is the best option. At Hero FinCorp, to apply online for a Personal Loan, you will have to provide your KYC details and proof of income, and you can get a quick approval within 10 minutes.
Yes, you need to show proof of income, such as pay slips, Form-16, bank statements, ITRs and income tax returns etc., for Personal Loan application. Proof of income helps the lender know your repayment ability.
Yes, some loan providers may give you a Personal Loan with a low or poor CIBIL score. However, they may sanction a lower amount or charge a higher interest rate.
Loan apps like Hero FinCorp are known to offer you a Personal Loan in Guwahati online in minutes with minimal paperwork.
No. Documentation is a mandatory requirement for applying for a Personal Loan. Some online loan providers like Hero FinCorp do not require you to submit physical copies of your documentation. You will still need your KYC information and income proof.
Yes, you can receive approval for an instant cash loan within 10 minutes as long as you apply online via the Hero FinCorp app or website.