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Personal Loan in Jamshedpur

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Loan up to Rs 5 Lakh
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Minimum Salary Required Rs 15K
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Instant Approval in 10 Minutes
Personal Loan EMI Calculator

Monthly EMI

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Interest Payable

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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.

We Offer a Wide Range of Personal Loans!

At Hero FinCorp, we offer a wide range of personal loans for salaried employees, self-employed individuals and other professionals.

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Personal Loan for Doctors

Personal loan for doctor offerings catering to the financial needs of medical professionals for equipment, clinic setup, or personal expenses.

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Personal Loan for Travel

Fulfil your wanderlust dreams with a personal loan for travellers that covers travel expenses, including flights, accommodation, and sightseeing.

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Personal Loan for Wedding

Make your special day memorable with a personal loan for wedding that covers wedding expenses, including venue, decorations, and catering.

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Personal Loan for Home Renovation

Transform your house into a dream home with a personal loan for home renovation that covers renovation, repairs, and interior upgrades.

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Personal Loan for Self-Employed

Empowering personal loan for self-employed individuals with financial support for their business needs.

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Personal Loan for Women

Both salaried and self-employed females can get a personal loan for women for various planned and unplanned expenses.

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Personal Loan for Government Employees

Exclusive loan options loan for government employees, providing them with flexible and convenient borrowing options.

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Personal Loan for Education

Fulfil your educational aspirations with a personal loan for education that covers tuition fees, books, and other related expenses.

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!

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High Loan Amount

Access substantial loan amounts to fulfil your financial needs with Hero FinCorp's Personal Loan in Jamshedpur.

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Attractive Interest Rates

Enjoy competitive interest rates that make your Personal Loan from Hero FinCorp in Jamshedpur affordable and cost-effective.

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Collateral-Free

Avail a Personal Loan without the requirement of any collateral or security, ensuring a hassle-free borrowing experience.

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Flexible Repayment Tenure

You can choose a loan repayment tenure of 12 to 36 months based on your repayment capability.

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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.

CriteriaRequirement
AgeApplicant should be between 21-58 years.
CitizenshipYou should be a citizen of India.
Work ExperienceSix months for salaried individuals and 2 years for self-employed individuals.
Monthly IncomeApplicant 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

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Identity Proof

Driving License, Passport, PAN Card, Aadhaar Card (Any One)

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Address Proof

Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)

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Ownership Proof

Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)

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Income Proof

Last 6 Months Salary Slips, Bank Statements, and Form 16

Documents Required For Self Employed

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Mandatory Documents

Duly filled application form, Passport-size photograph

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Identity Proof

Driving License, Passport, PAN Card, Aadhaar Card (Any One)

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Address Proof

Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)

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Ownership Proof

Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)

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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 & ChargesAmount Chargeable
Interest RateStarting from 1.58% per month
Loan Processing ChargesMinimum 2.5%+ GST
Prepayment ChargesN.A.
Foreclosure Charges5% + GST
EMI Bounce ChargesRs 350/-
Interest on Overdue EMIs1-2% of the loan/EMI Overdue Amount Per Month
Cheque BounceFixed Nominal Penalty
Loan Cancellation1. 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:

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    Visit the Hero FinCorp website or install the personal loan app

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    Go to the personal loan page and click ‘apply now

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    Enter your mobile number and verify with the OTP received

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    Choose the loan amount you need

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    Verify your KYC details to check income eligibility

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    Click ‘Submit’ to complete your application

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.

Disclaimer

*Approval & Agreement: Loan approval is at Hero FinCorp's discretion. By applying, you agree to our Terms & Conditions, Privacy Policy, and Loan Agreement.
*Data Use: You consent to electronic processes and data use for loan assessment, as per our Privacy Policy.
*Security: Keep your account and device secure. Report our customer care for unauthorized activity immediately.
*Grievances: For concerns, refer to our Grievance Redressal Policy.
*EMI Payment: Refer to our T&Cs here*
*RBI Mandate: RBI requires transparent disclosures. Learn more from RBI.