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Personal Loan EMI Calculator

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Get Personal Loan in Hosur With Quick Disbursal

Hosur is a municipal corporation in the southern state of Tamil Nadu. It is an industrial city in Krishnagiri district located on the banks of River Ponnaiyar. With proximity to metro cities like Bengaluru and Chennai, Hosur has witnessed immense industrial growth over the last few years. Companies like Ashok Leyland, TVS Motors, Titan, GE, Exide Industries, Hindustan Motors, Bata Shoes, Nippon Electricals, Nilkamal Plastics, etc., have a presence in the city. Development of an IT Special Economic Zone is also expected near Hosur in the near future. Popular attractions to explore in Hosur include Rajaji Memorial, Sri Chandra Choodeswara Temple, Rama Naicken Lake, Kelavarapalli Reservoir Project, Dakshina Thirupathi Temple, etc. Being a major industrial city, it is well-connected to the rest of India through road, rail, and air.

If you are looking for a Personal Loan in Hosur for any planned or urgent expense, Hero FinCorp can provide you with the required funds instantly. You don't need to leave your doorstep to seek the funding. Apply for a Personal Loan at Hero FinCorp online and get the amount disbursed directly into your bank account.

We Offer a Wide Range of Personal Loans!

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Personal Loan for Doctors

Our Personal Loan for doctors is specially designed to help them cover various personal and professional expenses.

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Personal Loan for Travel

Planning a vacation loan and wanting a loan to pay the bills? Go for a travel loan and make the funds readily available.

 

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Personal Loan for Wedding

Obtain our Personal Loan for weddings to deal with the stress of major expenses like venue, catering, guest accommodation, jewellery, decorations, etc.

 

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Personal Loan for Home Renovation

Modifying your home with the house renovation loan with the changing time is essential. Finance the renovation project with a Personal Loan without denting your savings.

 

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Personal Loan for Self-Employed

Offered by Hero FinCorp, a Personal Loan for self-employed can be up to Rs 5 Lakh at competitive interest rates.

 

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Personal Loan for Women

With a Personal Loan for women, women professionals can obtain funds for their various expenses and repay them in easy EMIs.

 

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Personal Loan for Government Employees

Hero FinCorp offers Personal Loans for government employees at attractive interest rates and flexible repayment terms with easy EMIs.

 

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Personal Loan for Education

A Personal Loan for higher education covers all education-related expenses like travel, visa, college fees, study material, accommodation, etc.

 

Features And Benefits of Hero Fincorp Personal Loan Hosur

With different types of Personal Loan finance available in Hosur, you must choose one after understanding its features and benefits. Let's take a look.

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High Loan Amount:

An ample loan amount of up to Rs 5 Lakh helps cover various planned and unplanned expenses. An instant Personal Loan in Hosur is a comprehensive loan you can borrow for any requirement, including a wedding, vacation, education, medical emergency, or home renovation.

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Attractive Interest Rates:

The biggest benefit an instant cash loan in Hosur offers is the attractive interest rates. Our fixed interest rates can help you plan your future budget according to your repayment capacity and pay the EMIs without stressing your budget.

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Collateral-Free:

Since these unsecured loans, you do not need to pledge any asset as collateral or provide a deposit or guarantor to secure the funding. We determine your eligibility based on your credit history, financial well-being, and repayment capacity.

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Flexible Repayment Tenure:

At Hero FinCorp, you don't need to repay the loan within a fixed period. Using a Personal Loan EMI calculator, you can choose a repayment tenure according to your repayment capacity and repay the EMIs according to your financial convenience.

 

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Instant Approval:

We support a 100% digital loan procedure you can complete from home. Once you apply for a loan and provide us with the required documents, we take only a few minutes to verify the details and give instant loan approval according to your eligibility.

Eligibility Criteria for Instant Personal Loan in Hosur

While Hero FinCorp makes it easier for everyone to obtain a Personal Loan in Hosur online, you must meet certain eligibility conditions as part of our Personal Loan eligibility criteria. Before applying, you should check these conditions and see whether you qualify for it or not. Loan eligibility primarily depends on your age, income, work experience, and citizenship.

 

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Age

You must be at least 21 and a maximum of 58 years at the time of applying and term-end, respectively.

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Citizenship

At Hero FinCorp, we provide loans to Indian citizens only.

 

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Work Experience

Self-employed professionals must have at least two years of experience in their field, and salaried individuals must be employed for a minimum of six months.

 

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Monthly Salary

You must show a monthly income of at least Rs 15,000 to qualify for a Hero FinCorp Personal Loan in Hosur.

 

Documents Required to Apply for a Personal Loan in Hosur

We, Hero FinCorp, are reputed Personal Loan providers in Hosur, allowing individuals to raise immediate funds to cover various personal expenses. However, you must submit certain documents to match our eligibility criteria and loan requirements. We have designed our instant Personal Loans to demand minimal documentation, ensuring you get instant funds instead of going through a time-consuming loan process. These are the Personal Loan documentation requirements for salaried and self-employed individuals separately:

Documents Required For Salaried Employee

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

 

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

 

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Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

 

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Job Continuity Proof

Appointment Letter From the Current Employer

 

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Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

 

Documents Required For Self Employed

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

 

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

 

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Proof of Income

Last Six Months Bank Statement, ITR for the Last Two Consecutive Years

 

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

 

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Proof of Business Existence

Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate

Interest Rates on Personal Loan in Hosur

At Hero FinCorp, we aim to make Personal Loans easily accessible and affordable. That is why we offer competitive Personal Loan interest rates in Hosur based on the following factors:

  • Loan requirement
     
  • Monthly income
     
  • Current financial obligations
     
  • Credit history
     
  • Employment
     
  • Work experience
Interest Rate

Starting from 1.58% per month or 30% per annum
 

Loan Amount

₹50,000 to ₹5 Lakh
 

Loan Processing Charges

Minimum Processing fee is 2.5%+ GST
 

Interest on Overdue EMIs

1-2% of the loan/EMI Overdue Amount Per Month
 

Foreclosure Charges

5% + GST
 

Bounce Charges

350/-
 

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 Hosur?

Follow these simple steps to apply for a Personal Loan in Hosur at Hero FinCorp:

  • 01

    Visit our Personal Loan web page and click the Apply Now button.
     

  • 02

    Enter your identity, financial, and employment details in the online application form.
     

  • 03

    Provide KYC details and upload the necessary documents according to your profession.

  • 04

    Double-check the information and submit the application form.
     

  • 05

    Wait for approval and accept the loan offer to get disbursal instantly.
     

Frequently Asked Questions (FAQs)

The Personal Loan interest rate in Hosur at Hero FinCorp depends on your credibility, eligibility, and repayment capacity. We closely evaluate your financial well-being to determine your risk and offer you a reasonable interest rate.
When you borrow a Hero FinCorp Personal Loan, you get a maximum period of 36 months to repay the borrowed amount with interest.
Hero FinCorp Personal Loans are 100% collateral-free, which means you don't need to provide any collateral, security, or guarantor to apply for a loan.