Personal Loan EMI Calculator
Experience financial freedom with our Personal Loan in Kerala. Whether you want to pursue higher education, pay medical bills, go on a vacation, or meet unexpected expenses, we're there for you. Enjoy significant loan amounts, instant approvals, quick disbursals, and personalised solutions tailored to your needs.
Kerala, known as "God's Own Country," is a popular state in India renowned for its natural beauty, rich cultural heritage, and tranquil backwaters. It is well-known for the serene backwaters of Alleppey, the breathtaking hill stations of Munnar and Wayanad, and the pristine beaches of Kovalam.
Kerala's economy thrives on diverse industries such as tourism, spices, seafood, coir, and IT. It is a major hub for Ayurvedic wellness centres and eco-tourism. It is also known for its progressive social indicators, high literacy rate, and sustainable development practices.
Kerala's vibrant festivals, like Onam and Thrissur Pooram, attract visitors from around the world. The state's wildlife sanctuaries, including Periyar and Silent Valley, offer incredible biodiversity. The peaceful coexistence of different religious communities and the emphasis on eco-tourism make Kerala a unique and enchanting destination for travellers.
Those needing a Personal Loan in Kerala can apply online and get quick approval and instant disbursal.
Hero FinCorp is your trusted partner for online Personal Loans in Kerala. Explore our diverse range of Personal Loans tailored to meet your unique needs.
With a personal loan for self-employed, professionals can easily get urgent cash loans.
A personal loan for women offers up to Rs 5 Lakh to help you achieve financial independence.
A personal loan for government employees offers quick funds during urgent situations.
With a personal loan for education, students can get funds for studying abroad or upskilling.
A personal loan for doctors lets medical professionals manage personal or professional
A personal loan for travel can help you fulfil your dream vacations without hassle.
With a personal loan for wedding, you can turn your dream celebration into reality.
A personal loan for home renovation lets you upgrade your home with easy financing options.
Get an easy Personal Loan in Kerala from Hero FinCorp, with large loan amounts, attractive interest rates, collateral-free options, flexible repayment tenure, and instant approval. Here are the key features.
Unlock substantial funds tailored to your needs, empowering you to pursue your dreams and achieve your goals with financial confidence.
Benefit from competitive rates that ensure affordable monthly repayments and minimise the overall cost of borrowing.
Enjoy the convenience of securing a loan without pledging any collateral, simplifying the application process and expediting approval.
Get a flexible repayment tenure for your loan and align it with your finances, allowing you to manage repayments comfortably and efficiently.
You can get loan approval within 10 minutes when you apply through the Hero FinCorp loan app or website.
To apply for a Personal Loan in Kerala through Hero FinCorp, you must meet the basic personal loan eligibility criteria listed below:
You must be an Indian citizen.
Your age should be between 21 and 58 years to apply for the loan.
Salaried individuals need 6 months in their current job; self-employed applicants need 2 years of business experience.
Your monthly income should be at least Rs 15,000.
Documentation is essential for verification and eligibility checks, but Hero FinCorp keeps it simple with minimal paperwork. It’s still important to understand the documents required for a personal loan application, which may vary slightly for salaried and self-employed applicants. Here are the details.
Driver’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Six Month Salary Slip & Bank Account Statement, Form 16
Appointment Letter From the Current Employer
Driver Licence, Passport, Aadhaar Card, Utility Bill
Driver’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Planning to apply for a Personal Loan in Kerala but worried about the total loan cost? Understand the personal loan interest rate and other applicable charges in advance to stay financially prepared. These few essential costs ensure transparency throughout your borrowing journey.
| 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 an urgent cash loan in Kerala, such as a Personal Loan, is very simple. Here's how you can apply.
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 apply for a Personal Loan in Kerala without a guarantor, collateral or security, as these are unsecured loans.