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Get Personal Loan in Manipur With Quick Approval

Manipur is a north-eastern Indian state bounded by Mizoram, Nagaland, Assam, and bordering Myanmar. Connecting Central Asia and the Indian subcontinent to Southeast Asia, Siberia, East Asia, and Arctic regions, the state enables the migration of multiple cultures, people, and religions. The state is primarily an agrarian economy with significant potential for hydroelectric power generation. Some major attractions include Kangla Fort, Loktak Lake, Shyamrai Temple, Tonglon Cave, and many others.

If you are looking for a loan in Manipur to cover expenses for education, wedding, home renovation, vacation, or medical emergencies, you can prefer Hero FinCorp - one of the most sought-after Personal Loan providers in Manipur. Our Personal Loans are collateral-free, and you may obtain them at competitive interest rates with flexible repayment terms.

We Offer a Wide Range of Personal Loans!

Getting a Personal Loan in Manipur is a simple way to cover various costs, including weddings, education, vacation, home renovation, medical emergency, debt consolidation, etc. Choose a loan type suitable to your requirement and complete the application process 100% online.

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Personal Loan for Doctors

Hassle-free loan for doctors and medical professionals helps facilitate business expansion, equipment upgrade, and clinic set-up.
 

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Personal Loan for Travel

Plan your dream vacation and cover all expenses like airfare, accommodation, etc., with a Personal Loan for travel.
 

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Personal Loan for Wedding

Organise the wedding of your dreams with a Personal Loan for Wedding at attractive interest rates and repay it in EMIs.
 

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Personal Loan for Home Renovation

Need a loan for home renovation? We offer transparent funding solutions with fast approvals.
 

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Personal Loan for Self-Employed

Apply for a collateral-free Personal Loan for Self-Employed Professionals at a low-interest rate.
 

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Personal Loan for Women

At Hero FinCorp, we offer instant online loan for women in Manipur up to Rs 5 Lakh.
 

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Personal Loan for Government Employees

Government employees can get instant funding of up to Rs 5 Lakh with flexible repayment tenures at Hero FinCorp.
 

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Personal Loan for Education

Finance the higher education you deserve in any foreign or domestic university.
 

Features And Benefits of Hero Fincorp Personal Loan Manipur

Let’s look at the features and benefits of online loans offered by Hero FinCorp in Manipur that make us better than the others.

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High Loan Amount:

Fulfil all your wishes with Hero FinCorp’s Personal Loans of up to Rs 5 Lakh, available online 24x7.

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Attractive Interest Rates:

Hero FinCorp offers the lowest Personal Loan interest rates based on your eligibility, credibility, and repayment capacity.

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Collateral-Free:

Hero FinCorp offers short and long-term Personal Loans without pledging any asset as collateral.

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Flexible Repayment Tenure:

Borrow an online loan in Manipur to cover your expenses and repay it conveniently with flexible repayment options.

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Instant Approval:

No longer waiting time to fulfill your dreams? Get instant funding online at Hero FinCorp.

Eligibility Criteria for Instant Personal Loan in Manipur

A lack of funds stopping you from dreaming big? Both salaried and self-employed professionals can apply for our Personal Loan in Manipur. However, you must fulfil our eligibility conditions to get an instant Personal Loan in Manipur now! These include your age, citizenship, income, and work experience. Our eligibility criteria are uncomplicated, as we aim to make Personal Loans available to all without the hassle and unnecessary formalities.

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Age

To qualify for a Personal Loan at Hero FinCorp, you must be between 21 and 58 years at the loan application and term-end, respectively.

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Citizenship

Aiming to make their lives easier, we offer Personal Loans to Indian citizens only.

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Work Experience

Self-employed: At least two years of experience in current business.
Salaried: A minimum of six months in the current organisation.

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Monthly Salary

You must earn a minimum salary of Rs 15,000 to qualify for a Hero FinCorp loan in Manipur.

Documents Required to Apply for a Personal Loan in Manipur

Since Personal Loans are unsecured loans, we verify your identity and credibility before approving a loan. We need a few necessary documents, including your identity, address, and income proof, for that purpose. However, you don't need to visit our branch office to submit the paperwork. You can simply scan and upload the required documents online through our website or loan app.

We have different documentation requirements for salaried and self-employed individuals. Learn them below and get ready with the ones we require for your loan evaluation:

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 Manipur

Interest is the amount we charge you for availing of our loan in Manipur. The interest rate can be fixed (remains fixed throughout the loan tenure) or floating (changes according to market fluctuations). Improving the credit score, paying EMIs and credit card bills on time, and maintaining a low debt-to-income ratio are practical tips for getting the lowest interest rates on Hero FinCorp Personal Loan in Manipur.

Interest Rate

Starting from 1.58% per month or 19% to 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 Manipur?

A Personal Loan can be a boon during times of need, given that you receive it instantly. It happens only when you know exactly how to go about the application process. At Hero FinCorp, we support a completely paperless loan procedure using the following steps:

  • 01

    Our Personal Loan page has an ‘Apply Now’ button that leads you to an online application form. Enter the necessary details carefully, like your personal, financial, and employment details.

  • 02

    Click the ‘submit’ button to receive an OTP on your registered mobile number. Enter this OTP to verify your application.

  • 03

    Next is the documentation stage. Since we follow a paperless loan process, you must scan and upload copies of your identity, address, and income proofs through our portal or app.

  • 04

    Cross-check the application form for errors and click the 'Submit' button.

  • 05

    Once you receive approval and an online loan offer, review it carefully and accept it to get disbursal in a few hours.

Frequently Asked Questions (FAQs)

The EMI amount you pay depends on the interest rate, a certain percentage of the borrowed amount. The Personal Loan interest rate largely depends on several factors, including your credit score, principal amount, loan tenure, and repayment history.
Hero FinCorp is undoubtedly the best place for an instant Personal Loan in Manipur, thanks to our competitive interest rates, flexible repayment terms, high-end customer service, and ample loan amounts.
As mentioned earlier, the interest rates are not fixed for Personal Loans. They largely vary based on your income, repayment capacity, credit history, and other factors.
To get the cheapest online loan EMI in Manipur, use a EMI calculator to choose a loan term with EMIs you can conveniently afford.