Personal Loan for Self-Employed
Entrepreneurs can get a personal loan for self-employed in mumbai for any personal or professional need.
Mumbai, the financial capital of India, is a bustling metropolis known for its vibrant culture, thriving economy, and diverse population. As a significant hub for business, entertainment, and education, the city's fast-paced lifestyle creates a growing demand for better housing, healthcare, and financial support. To meet these needs, Personal Loans have become a popular choice. Hero FinCorp is a leading Personal Loan provider in Mumbai, offering loans of up to Rs 5 Lakh at attractive rates and flexible tenures with a monthly income of Rs 15,000. You can apply online to get approval in 10 minutes.
Our personal loans offer diverse solutions, ensuring you find the perfect fit for your financial needs, with ease and speed.
When applying for a Personal Loan in Mumbai, check its advantages and features. Here are some features of Hero FinCorp Personal Loans.
To apply for a personal loan in mumbai, you must meet the eligibility criteria, including your age, monthly income, work experience, and citizenship. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.
Are you looking for an urgent cash loan in Mumbai? The documentation requirements may vary based on whether you are salaried or self-employed. Prepare the personal loan documents according to your profession and submit them along with your application.
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’s Licence, Passport, Aadhaar Card, Utility Bill
Not Applicable
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
Not Applicable
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Unlike private loan providers in mumbai, our personal loan interest rates and other charges are transparent and nominal. Here is detailed information about the costs involved:
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 |
Need an instant personal loan in mumbai? Here’s how you can get it with Hero FinCorp.
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