High Loan Amount
Access substantial loan amounts to fulfil your financial needs with Hero FinCorp's Personal Loan in Jamshedpur.
Personal Loan in Jamshedpur
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval in 10 Minutes
Personal Loan EMI Calculator
Get Personal Loan in Jamshedpur With Quick Disbursal
Jamshedpur, the "Steel City of India," is renowned for its prominent industries, primarily driven by Tata Group's presence. It is a major centre for steel production and hosts various manufacturing units, including automobile, heavy machinery, and engineering companies. The city's industrial growth has led to an increasing demand for Personal Loans.
At Hero FinCorp, both salaried and self-employed individuals can get a personal loan in Jamshedpur of up to Rs 5 Lakh with a monthly income of Rs 15,000 only. You can apply online and get approval in 10 minutes followed by a quick disbursal. These loans come with competitive interest rates and flexible repayment tenures.
Features and Benefits of a Personal Loan in Jamshedpur
Unlock financial possibilities with Hero FinCorp's personal loan in Jamshedpur. Explore its features and benefits today!
Attractive Interest Rates
Enjoy competitive interest rates that make your Personal Loan from Hero FinCorp in Jamshedpur affordable and cost-effective.
Collateral-Free
Avail a Personal Loan without the requirement of any collateral or security, ensuring a hassle-free borrowing experience.
Flexible Repayment Tenure
You can choose a loan repayment tenure of 12 to 36 months based on your repayment capability.
Instant Approval
You can get approval for a Personal Loan in 10 minutes when you apply on the Hero FinCorp website or app.
Eligibility Criteria for Instant Personal Loan in Jamshedpur
To qualify for a Personal Loan in Jamshedpur at Hero FinCorp, you must fulfil our simplistic personal loan eligibility criteria, including age, citizenship, work experience, and minimum income requirement. Other than this, we also check your credit history and current financial obligations to send you a loan offer. Use an eligibility calculator and fulfil these conditions to obtain the required funds in time.
| Criteria | Requirement |
|---|---|
| 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 Income | Applicant should at least earn a minimum amount of Rs 15,000 monthly. |
List of Documents Required to Apply for a Personal Loan in Jamshedpur
At Hero FinCorp, documentation requirements vary for salaried and self-employed applicants. It's advisable to check the required personal Loan documents in advance to ensure a smooth and hassle-free application process.
Documents Required For Salaried Employee
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Ownership Proof
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Income Proof
Last 6 Months Salary Slips, Bank Statements, and Form 16
Documents Required For Self Employed
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Ownership Proof
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Income Proof
Last 6 Months Bank Statements and ITR for 2 Years
Interest Rates and Charges on Personal Loans in Jamshedpur
It’s better to know the loan costs before applying for a loan. At Hero FinCorp, personal loan interest rates are competitive, and other charges are nominal. Check out the details.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 19% p.a. |
| 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 Jamshedpur?
At Hero FinCorp, we value your time the most. As such, we offer you the option of applying for a instant loan online. The following are the steps:
- 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
What Our Clients Say About Us
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Frequently Asked Questions (FAQs)
The highest Personal Loan amount offered by Hero FinCorp in Jamshedpur is Rs 5 Lakh.
To avail of a Personal Loan in Jamshedpur, the applicant should be between 21 and 58 years.
You can apply for an instant Personal Loan online through the Hero FinCorp website or loan app.
The best Personal Loan offers an attractive rate and flexible repayment tenures. For example: you can get up to Rs 5 Lakh at an attractive rate from Hero FinCorp.