Personal Loan in Mysore

Loan up to Rs 5 Lakh

Minimum Salary Required Rs 15K

Instant Approval in 10 minutes

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Personal Loan EMI Calculator

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Apply for Personal Loan

Get Personal Loan in Mysore With Quick Disbursal

Mysore is a city with a royal heritage in the state of Karnataka. The city has been witnessing great growth in the education, tourism and business sectors. With increasing living costs, Personal Loans are becoming the go-to solution for locals seeing quick financial support. At Hero FinCorp, you can avail a Personal Loan in Mysore at competitive interest rates and flexible repayment tenures. You can apply easily if your monthly income is Rs 15,000 and get up to Rs 5 Lakh for any planned or unplanned expense.

Features and Benefits of a Personal Loan in Mysore

Get a hassle-free Personal Loan in Mysore with feasible features from Hero FinCorp. Enjoy competitive interest rates, flexible repayment options, and instant approval to meet your diverse financial requirements conveniently.

High Loan Amount

Get a Personal Loan of up to Rs 5 Lakh for various planned and unplanned needs and repay in EMIs.

Attractive Interest Rates

The Personal Loan interest rates at Hero FinCorp start from 1.58% per month or 19% per annum, making the loan cost manageable.

Collateral-Free

Our Personal Loans are unsecured,so you do not need to provide any security or collateral to apply at Hero FinCorp.

Flexible Repayment Tenure

You can choose a loan repayment tenure of 12 to 36 months based on your monthly budget and expenses.

Instant Approval

You can get approval for a Personal Loan in 10 minutes when you apply on the Hero FinCorp website or loan app.

Eligibility Criteria for Instant Personal Loan in Mysore

With Hero FinCorp, get fast approval for a personal loan and meet your financial needs. Before applying, make sure you meet the eligibility criteria. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.

Criteria	Requirement
Age	Applicant should be between 21-58 years.
Citizenship	You should be a citizen of India.
Work Experience	Six months for salaried individuals and 2 years for self-employed individuals.
Monthly Income	Applicant should at least earn a minimum amount of Rs 15,000 monthly.

List of Documents Required to Apply for a Personal Loan in Mysore

Looking to apply for a personal loan in Mysore? At Hero FinCorp, the documentation requirements vary for salaried and self-employed individuals. It's important to check the required personal loan documents in advance to ensure a smooth and hassle-free application process.

Documents Required For Salaried Employee

Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar

Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

Job Continuity Proof

Appointment Letter From the Current Employer

Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

Documents Required For Self Employed

Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

Proof of Income

Last Six Months Bank Statement, ITR for the Last Two Consecutive Years

Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

Proof of Business Existence

Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate

Interest Rates and Charges on Personal Loans in Mysore

You should be aware of the loan costs before applying for a personal loan. At Hero FinCorp, the personal loans interest rates are competitive and other charges are nominal.

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 Mysore?

Here’s how you can apply for a personal loan in Mysore from us:

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

Apply Now

What Our Clients Say About Us

It's a great appreciation for obtaining the best personal loan with the fewest papers necessary and promptly disbursing loan ...funds. I truly appreciate your assistance. Simple procedure and a user-friendly interface. There are no problems, inquiries or anything else as long as you pay.

Savi Gupta

Herofincorp has great funds for various purposes. I got the best personal loan offer compared to interest rates, terms, and fees for ...my best financial situation. Thanks for your assistance.

Rashi Kohli

It is a simple procedure. For financial emergencies, it is the best option. Thanks for their assistance. Adaptable and well-balanced. You can acquire an immediate loan transfer with Hero FinCorp.

Lalji Soni

Processing is quick, and had great experiences with this personal loan application and service. I appreciate customer support's gentle communication in helping the process go more smoothly. interest rates provided on the personal loan is the lowest in market. Overall experience good. I'm grateful.

Raj Chaudhary

I have been looking for a platform that allows me to borrow money quickly, it is convenient, safe and reliable to borrow money on this practical and reliable platform.

Kadam Kailash