Personal Loan in Mysore

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Loan up to Rs 5 Lakh
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Minimum Salary Required Rs 15K
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Instant Approval
Personal Loan EMI Calculator

Monthly EMI

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Interest Payable

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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.

We Offer a Wide Range of Personal Loans

Uncover the reliable partnership of Hero FinCorp for your loan needs in Mysore. Explore our wide array of personal loans tailored to meet your unique requirements, ensuring a trusted and personalised borrowing experience.

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Personal Loan for Doctors

Healthcare professionals can get a personal loan for doctors for any personal and professional need at favourable terms.

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Personal Loan for Travel

You can use a personal loan for travel to explore the world and create unforgettable memories without financial stress.

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Personal Loan for Wedding

Make your special day extraordinary, Use personal loan for wedding for covering wedding expenses from venue to decorations.

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Personal Loan for Home Renovation

Transform your house into a dream home with a personal loan for home renovation and repay in monthly instalments.

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Personal Loan for Self-Employed

Entrepreneurs can easily obtain a personal loan for self-employed of up to Rs 5 Lakh for both personal and professional needs.

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Personal Loan for Women

Both salaried and self-employed females can get a personal loan for women at competitive interest rates and flexible repayment tenures.

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Personal Loan for Government Employees

Exclusive benefits of personal loan for government employees, with attractive interest rates and convenient repayment terms, meant to help fulfill personal needs.

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Personal Loan for Education

Invest in your education easily, covering tuition fees and other educational expenses, ensuring a focus on your studies with the help of a personal loan for education.

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.

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High Loan Amount

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

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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.

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Collateral-Free

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

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Flexible Repayment Tenure

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

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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.

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Age

Applicant should be between 21-58 years.

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Citizenship

You should be a citizen of India.

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Work Experience

Six months for salaried individuals and 2 years for self-employed individuals.

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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

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Mandatory Documents

Duly filled application form, Passport-size photograph

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Identity Proof

Driving License, Passport, PAN Card, Aadhaar Card (Any One)

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Address Proof

Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)

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Ownership Proof

Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)

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Income Proof

Last 6 Months Salary Slips, Bank Statements, and Form 16

Documents Required For Self Employed

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Mandatory Documents

Duly filled application form, Passport-size photograph

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Identity Proof

Driving License, Passport, PAN Card, Aadhaar Card (Any One)

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Address Proof

Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)

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Ownership Proof

Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)

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Income Proof

Last 6 Months Bank Statements and ITR for 2 Years

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 & ChargesAmount Chargeable
Interest RateStarting from 1.58% per month
Loan Processing ChargesMinimum 2.5%+ GST
Prepayment ChargesN.A.
Foreclosure Charges5% + GST
EMI Bounce ChargesRs 350/-
Interest on Overdue EMIs1-2% of the loan/EMI Overdue Amount Per Month
Cheque BounceFixed Nominal Penalty
Loan Cancellation1. 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 instant 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

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    Verify your KYC details to check income eligibility

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    Click ‘Submit’ to complete your application

Frequently Asked Questions (FAQs)

You can consider applying with online lenders like Hero FinCorp. Once approved, you get the loan in your bank account quickly.
You should look for a lower rate of interest, flexible loan tenures, zero collateral requirement and ensure there are no hidden charges.
Yes, nowadays, you can apply with new-age loan providers like Hero FinCorp, who have a completely online process.
Yes, Personal Loans are unsecured, which means you do not need any security or collateral to apply.
You can get approval for a Personal Loan in as little as 10 minutes when you apply on the Hero FinCorp website or app.