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Fulfil your dreams with an instant loan of up to Rs 5 Lakh through our online loan app.
Personal Loan In Palanpur
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval
Calculate Personal Loan EMI
Get a Personal Loan in Palanpur with Quick Approval
Palanpur, known for its rich heritage, is a city located amidst the Aravalli Hills in Gujarat. It thrives as a centre for the diamond trade and fragrant perfumes. Steeped in history, the city was once the capital of the Palanpur State. Whether you want to explore its cultural tapestry or bustling commercial spirit, Palanpur offers a unique backdrop.
To access instant financial funds in the city, consider taking a Personal Loan in Palanpur from Hero FinCorp to pursue your goals. Explore the convenient options available to turn your vision into reality.
Features and Benefits of Hero FinCorp Personal Loan in Palanpur
We offer a wide range of Personal Loans for salaried and self-employed individuals at attractive interest rates and flexible repayment tenures. Let's take a look.
Attractive Interest Rate
Enjoy competitive interest rates starting from 19% per annum on Personal Loans in Palanpur.
Collateral-Free
Hero FinCorp’s Personal Loans in Palanpur offer a convenient, collateral-free option.
Flexible Repayment Tenure
Our Personal Loans in Palanpur come with flexible repayment tenures to help manage EMIs.
Instant Approval
Our Personal Loans in Palanpur are approved quickly, so you can access funds promptly.
Eligibility Criteria for Instant Personal Loans in Palanpur
Those meeting our eligibility criteria for instant Personal Loans in Palanpur get approved without hassle.
| Criteria | Details |
|---|---|
| Age | To qualify for our Personal Loans in Palanpur, you must be between 21 and 58 years. |
| Citizenship | You must be a resident Indian citizen to be eligible for our Personal Loans in Palanpur. |
| Work Experience | Salaried applicants need 6 months experience with their current employer and self-employed individuals need 2 years of experience. |
| Monthly Income | In Palanpur, you require a minimum monthly income of Rs. 15,000 to apply for a Personal Loan. |
Documents Required to Apply for a Personal Loan in Palanpur
Simplify the application process with minimal documentation! Apply for a Personal Loan in Palanpur online with just a few documents, Here is what you will need documents required for personal loan:
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 the 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 Palanpur
Our personal loan interest rates in palanpur ensure affordability, sparing you from excessive fees beyond the loaned sum. Here are the details of our personal loan interest rates and associated charges.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 19% p.a. |
| 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 Palanpur?
With Hero FinCorp, your personal loan provider in palanpur, you can get a loan approved quickly in palanpur. You can do this at your convenience by downloading and installing our mobile app. Here’s a step-by-step process.
- 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 Customers 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
★★★★★
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Frequently Asked Questions (FAQs)
Interest rates on Personal Loans in Palanpur can vary depending on your creditworthiness, loan amount, and chosen lender. Hero FinCorp's interest rate starting from 19% per annum.
Here are the eligibility criteria for Hero FinCorp Personal Loan.
- Age: 21 to 58 years old
- Citizenship: Resident Indian Citizen
- Work Experience: Salaried - Minimum 6 months with current employer; Self-employed- Minimum 2 years in their business.
- Monthly Income: Minimum Rs 15,000 per month
The application process is streamlined! You'll typically need:
- ID proof (Passport, Voter ID, Aadhaar card)
- Address proof (Utility bills, Rental agreement)
- Income proof (Salary slips, Income tax returns)
- Employment proof (Employment certificate, Company registration documents)
Yes, you can prepay the loan. At Hero FinCorp, we have no prepayment charges.
At Hero FinCorp, Personal Loans in Palanpur are typically collateral-free. This means you don't need to put up any assets as security for the loan.