High Loan Amount
We offer Personal Loans up to Rs 5 Lakh to help you tackle unexpected financial challenges.
Personal Loan in Muzaffarpur
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval
Personal Loan EMI Calculator
Get a Personal Loan in Muzaffarpur With Quick Approval
Muzaffarpur is a city in Bihar famous for growing and exporting delicious litchis worldwide. Since the city is growing rapidly, people here often have urgent financial needs they can't meet with their regular income. To help them with financial crunches, Hero Fincorp offers quick Personal Loans in Muzaffarpur of up to Rs 5 Lakh with flexible repayment options. You can use this loan to pay for anything, like renovating your house, paying medical bills, or funding your child's education.
Features And Benefits of Hero Fincorp Personal Loan Muzaffarpur
Hero FinCorp offers Muzaffarpur Personal Loans tailored to help you deal with unexpected financial difficulties. Here are the key features and benefits:
Attractive Interest Rate
With Hero FinCorp, you can get interest rates based on your income and credit history.
Collateral-Free
Hero FinCorp offers collateral-free loans, enabling you to focus on your objectives with peace of mind.
Flexible Repayment Tenure
We offer flexible repayment terms of 12-36 months to fit your budget.
Instant Approval
Get quick cash with Hero FinCorp through simple application process.
Eligibility Criteria for Instant Personal Loan in Muzaffarpur
Borrowing a Personal Loan in Muzaffarpur is easy; ensure you meet the following criteria:
| Criteria | Details |
|---|---|
| Age | You must be between 21 years and 58 years of age. |
| Citizenship | You must be an Indian citizen. |
| Work Experience | For salaried individuals, 6 months and for self-employed individuals, 2 years. |
| Monthly Income | To ensure financial stability, you must maintain a minimum monthly income of Rs 15,000. |
Documents Required to Apply for a Personal Loan in Muzaffarpur
Before proceeding with our online application process, look at the documents we require for verification.
Documents Required for Salaried Employee
Proof Of Photo Identity
Driving License, Passport, PAN Card, Aadhaar Card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
6 Months Salary Slips & Bank Statements, Form 16
Job Continuity Proof
Appointment Letter from Current Employer
Proof of Residence
Driving License, Passport, Aadhaar Card, Utility Bill
Additional Documents (Self-Employed Only)
N/A
Documents Required for Self-Employed
Proof Of Photo Identity
Driving License, Passport, PAN Card, Aadhaar Card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
Last 6 Months Bank Statements, ITR for Last 2 Years
Job Continuity Proof
N/A
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Additional Documents (Self-Employed Only)
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
Interest Rates on Personal Loans in Muzaffarpur
We offer the most competitive personal loan interest rates in the market right now. Please review the other charges below.
| 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 |
How To Apply For a Personal Loan in Muzaffarpur?
We at Hero FinCorp get you instant personal loans up to Rs 5 Lakh with Hero FinCorp App. And to start with our loan application process, you don’t have to go anywhere. Just open your smartphone/laptop and follow these 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
personal loan in muzaffarpur Related Blogs
Frequently Asked Questions (FAQs)
Yes, you can. Hero FinCorp Personal Loans don’t require collateral; you can apply online.
You can apply for multiple Personal Loans but shouldn’t because frequent loan applications can hurt your credit score.
You can get a top-up loan for the same talk with your loan representative.
Our loan application process is secure and trustworthy. Your documents and information will not be shared elsewhere without your consent.
To foreclose your loan, contact your lending institution and pay the remaining principal outstanding balance and potential fees/charges.