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Personal Loan In Rajahmundry

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

Monthly EMI

₹ 0

Interest Payable

₹ 0

Get a Personal Loan in Rajahmundry With Quick Approval

The capital of Andhra Pradesh, Rajahmundry, is celebrated as the cultural hub of the region. The city proudly preserves its rich heritage, embracing age-old traditions with elegance. Beyond its cultural charm, Rajahmundry stands as a bustling centre for diverse businesses, emerging as a vital commercial and educational hub in the heart of Andhra Pradesh. Welcoming students, professionals, and entrepreneurs throughout the year, the city experiences a consistent demand for Personal Loans. This has led to the presence of numerous Personal Loan providers in Rajahmundry. If you are looking for a Personal Loan in Rajahmundry with instant approval and minimal paperwork, Hero FinCorp is your go-to solution.

We Offer a Wide Range of Personal Loans

Looking to secure instant Personal Loans in Rajahmundry, look no further than Hero FinCorp. Here are the various types of Personal Loans offered by us to meet your financial needs:

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Personal Loan for Self-Employed

Hero FinCorp caters self-employed individuals with personalised Personal Loans.

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Personal Loan for Women

Learn about hassle-free Personal Loan for women professionals.

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Personal Loan for Government Employees

Government employees in Rajahmundry can get loans with attractive rates and flexible repayment tenures.

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Personal Loan for Education

Earn over Rs 15,000 monthly? Secure a Personal Loan for education instantly.

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Personal Loans for Doctors

Medical practitioners now have financial accessibility with instant Personal Loans.

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Personal Loan for Travel

Hero FinCorp extends travel loans to enhance the perfection of your journey.

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Personal Loan for Wedding

Apply online to secure a Personal Loan for weddings in Rajahmundry.

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Personal Loan for Home Renovation

Get a Personal Loan for home renovation in Rajahmundry.

Features And Benefits of Hero FinCorp Personal Loans in Rajahmundry

Beyond instant approval, Hero FinCorp's Personal Loans in Rajahmundry bring a plethora of benefits.

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High Loan Amount

Avail yourself of our loans with a maximum limit of up to Rs 5 Lakh.

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Attractive Interest Rate

A strong profile ensures not just approval but also an attractive interest rate, easing the financial burden.

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Collateral-Free

At Hero FinCorp, we value your peace of mind. That's why our Personal Loans don't require any collateral.

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Flexible Repayment Tenure

Enjoy the flexibility of choosing between 6 to 36 months of tenure.

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Instant Approval

Experience the ease of obtaining immediate approval for your loan in Rajahmundry with Hero FinCorp.

Eligibility Criteria for Instant Cash Loan in Rajahmundry

Hero FinCorp’s Personal Loan in Rajahmundry has specific eligibility criteria. Applicants must fulfil these requirements to get the loan quickly.

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Age

The age limits for our Personal Loan are between 21 and 58 years.

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Citizenship

You must be an Indian citizen to qualify for our Personal Loans.

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Work Experience

6 months for salaried employees and 2 years for self-employed people.

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Monthly Income

A minimum monthly income of Rs 15,000.

Documents Required to Apply for a Personal Loan in Rajahmundry

Getting an instant cash loan in Rajahmundry is easy with Hero FinCorp as we require only a few documents for fast loan processing.

Documents Required for Salaried Employee

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Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

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Mandatory Documents

Loan Application Form, Passport Size Photo

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Proof of Income

6 Months’ Salary Slips & Bank Statements, Form 16

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Job Continuity Proof

Appointment Letter from Current Employer

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Proof of Residence

Driving License, Passport, Aadhaar Card, Utility Bill

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Additional Documents (Self-Employed Only)

N/A

Documents Required for Self-Employed

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Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

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Mandatory Documents

Loan Application Form, Passport Size Photo

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Proof of Income

Last 6 Months’ Bank Statements, ITR for Last 2 Years

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Job Continuity Proof

N/A

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

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Additional Documents (Self-Employed Only)

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

Interest Rates on Personal Loans in Rajahmundry

Benefit from competitive interest rates tailored to suit your financial needs. Hero FinCorp's Personal Loan finance in Rajahmundry features attractive interest rates, starting at 19% per annum. Say goodbye to excessive charges and explore transparent terms that align with your budget. Discover more about our personal loan interest rates and applicable charges for a seamless borrowing experience.

Interest Rate

Starting from 19% p.a.

Loan Processing Charges

Minimum Processing fee is 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 Rajahmundry?

Looking for a Rajahmundry Personal Loan? Hero FinCorp provides quick and hassle-free approval.

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    Visit the Hero FinCorp website or install the personal loan app

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    Go to the personal loan page and click ‘apply now

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    Enter your mobile number and verify with the OTP received

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    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

What Our Customers Say About Us

When my payment for my destination wedding was due, I turned to Hero FinCorp. Their instant personal loan process was unbelievably fast, with approval and disbursal! No long paperwork, no branch visits, just a few clicks on the app. I loved the flexible EMI option, which let me plan repayments comfortably. The entire journey felt professional and transparent. I got timely updates on every step through SMS and email. This kind of service is exactly what busy working professionals like me need. I’m a happy customer and will definitely use them again when needed.

As a freelancer, getting credit quickly is not easy. I applied for Rs 5 lakh on their app, completed digital KYC, and received approval within minutes. I love that I could select a repayment plan that matches my irregular income. No branch visits, no stress, the entire process was smooth. The interface is clean, and I could track my disbursal status easily. For anyone who is self-employed and looking for quick funds, this is one of the best options available in the market today!

I applied through the app for Rs 2 lakh, and within a few hours, I had the money in my account. The EMI customisation option was beneficial. I could keep my monthly payments light. I also appreciate the timely reminders I receive before due dates, which keep me disciplined. Everything was 100% digital, so no paperwork hassle. I’m genuinely impressed and will use this option again whenever I need quick funds.

I took a personal loan for my sister’s wedding, and the experience was excellent. The approval was instant, and everything was explained clearly, no hidden charges or last-minute surprises. The iOS app is smooth. I will confidently recommend them to anyone needing funds quickly without the stress of traditional bank loans.

When our car broke down unexpectedly, we needed funds quickly. Hero FinCorp’s instant personal loan was the perfect solution. The application process was 100% digital and very easy to follow. I chose a 24-month EMI plan that fits our household budget. The auto-debit feature works perfectly, so we never miss payments. It feels good to know there’s a reliable solution available when emergencies strike. It has made borrowing a completely stress-free experience for us.

Frequently Asked Questions (FAQs)

No, you can’t modify the loan tenure once you get the loan and the tenure begins.
Hero FinCorp is an NBFC, so we do not open bank accounts. However, you should have a bank account to receive the Personal Loan amount directly deposited after approval.
Both salaried and self-employed individuals meeting the specified age, work experience, and income criteria are eligible.

While a good CIBIL score enhances eligibility, our assessment considers various other factors for Personal Loan approval.