Personal Loan for Doctors
Hero FinCorp personal loan for doctors offers flexible repayment terms to manage personal and professional expenses.
Say Hyderabad and the first thing to come to your mind would be either its delicious biryani or the famous architectural wonder Charminar seated in the heart of its buzzing local market. Delve deeper into thought and you’ll recall how the City of Nizams is famous for its beautiful pearls and jewellery. But that’s not all. Today’s Hyderabad is a thriving ground for many industries such as IT, data science, civil engineering, dairy, electric vehicles, and whatnot. The tremendous growth of the city, and increased job and business opportunities have been attracting people from all over the country. This explains the high demand for Personal Loans in Hyderabad. Though there are many Personal Loan providers in Hyderabad, not all of them offer instant and hassle-free personal loans at attractive interest rates like Hero FinCorp. Read on to know more.
We, at Hero FinCorp, offer a wide range of Personal Loans for different needs. Explore the options and choose what suits you.
Apply for a personal loan in Hyderabad with Hero FinCorp and enjoy the following features and benefits of our personal loan product.
To apply for a Personal Loan in Hyderabad through Hero FinCorp, you must meet the basic personal loan eligibility criteria listed below.
Are you planning to apply for Personal Loan finance in Hyderabad? The documents you must submit depend on whether you are a salaried employee or a self-employed professional. That is because the personal loan documentation requirements vary for both. Here is a brief overview of documentation requirements:
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Last 6 Months Salary Slips, Bank Statements, and Form 16
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Last 6 Months' Bank Statements and ITR for 2 Years
At Hero FinCorp, the personal loan interest rate in Hyderabad is competitive. However, you must know the other fees and charges beyond the interest rate. We do not charge any hidden fees without your prior knowledge. Here are a few expenses that make up your total loan cost:
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 |
Applying for a Hero FinCorp instant Personal Loan in Hyderabad is as simple as one can imagine. You can initiate your application either online through our website or offline by visiting our branch office or outlet in person.
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
No, you can easily apply for a Personal Loan in Hyderabad without a guarantor or security, as these are unsecured loans.
You can calculate your EMI instantly using the personal loan emi calculator available on the Hero FinCorp website. You just require your loan amount, interest rate and repayment period.