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Personal Loan in Sonipat

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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 Sonipat Up to 5 Lakh

Sonipat, located in the northern Indian state of Haryana, is a city that beautifully blends tradition with progress. Known for its rich history, the city boasts several historical attractions, including the iconic Khwaja Khizr Tomb and the ancient Hindu pilgrimage site of Murthal.

Sonipat is a cultural gem and a hub for education and industry. It's home to prominent educational institutions like Deenbandhu Chhotu Ram University of Science and Technology and Bhagat Phool Singh Mahila Vishwavidyalaya.

We Offer a Wide Range of Personal Loans!

Look no further than Hero FinCorp a trustworthy financial partner for all your Personal Loan needs in Sonipat. Our Personal Loans in Nagaur are ideal to meet your unique needs:

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Personal Loan for Self-Employed

Designed for entrepreneurs and self-employed individuals, our flexible loan supports business expansion and personal goals.

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Personal Loan for Women

Our loan supports women with low interest rates and exclusive benefits for financial independence.

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Personal Loan for Government Employees

Tailored for government employees, this loan ensures fast approval and flexible, supportive terms.

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Personal Loan for Education

Achieve your academic goals easily by covering tuition, books, and more with our personal loan for education.

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Personal Loan for Doctors

Designed for medical professionals to fund clinics or education, boosting their healthcare careers.

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Personal Loan for Travel

Travel stress-free with our all-inclusive loan covering flights stays, and holiday expenses.

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Personal Loan for Wedding

Make your big day memorable with a personal loan for wedding that covers all your celebration needs.

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Personal Loan for Home Renovation

Transform your home easily with our personal loan for home renovation and bring your upgrade plans to life.

Features and Benefits of Personal Loan in Sonipat

Renowned for its customer-centric approach, Hero Fincorp ensures borrowers experience ease, transparency, and flexibility. Let's delve into the distinct features and benefits that set their personal loans apart.

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High Loan Amount

Hero FinCorp offers personal loans for both small needs and larger financial commitments.

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Attractive Interest Rate

Enjoy competitive personal loan interest rates starting from 19% p.a., making borrowing easier and budget-friendly.

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Collateral-Free

No collateral is needed Hero FinCorp unsecured personal loans make borrowing simple and accessible

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Flexible Repayment Tenure

Hero FinCorp offers flexible tenures, helping borrowers repay loans comfortably based on financial stability.

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Instant Approval

Hero FinCorp fast-tracks loan approvals, helping eligible borrowers access funds without unnecessary delays.

Eligibility Criteria for Instant Personal Loans in Sonipat

Unlock the details of eligibility requirements for obtaining an instant personal loan in Sonipat.

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Age

You must be between 21 years and 58 years old to get a loan.

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Citizenship

You need to be an Indian citizen.

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Work Experience

Salaried employees: 6 months of work experience and Self-employed individuals: 2 years.

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Monthly Income

You need to show a minimum monthly income of Rs 15,000 to be eligible.

Documents Required to Apply for a Personal Loan in Sonipat

Understanding the necessary documents, whether one is a salaried employee or self-employed, becomes paramount.

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

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 Rate and Charges for Personal Loan in Sonipat

Understanding the interest rates is crucial when considering a personal loan in Sonipat. The interest rate directly impacts the cost of borrowing, affecting your monthly payments and overall loan affordability. At Hero Fincorp, we believe in transparency and are committed to offering competitive interest rates to make your borrowing experience in Sonipat as cost-effective as possible.

Interest Rate

Starting from 1.58%* per month

Loan Processing Charges

Minimum Processing fee is 2.5%+ GST

Prepayment Charges

NA

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 Sonipat?

Applying for a personal loan in Sonipat with Hero Fincorp is easy and ensures financial convenience and support for your needs. Here are the steps to avail of a personal loan:

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  • 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

Frequently Asked Questions (FAQs)

  • Minimum: ₹50,000
  • Maximum: ₹5 Lakhs
  • Approval: Typically within 24-48 hours.
  • Disbursal: After approval, it may take 2-7 days.
You can use the personal loan for various purposes, such as education, travel, weddings, home renovation, debt consolidation, or medical expenses. It offers versatility to meet your financial needs.
  • A low CIBIL score indicates credit risk, making lenders cautious.
  • It may result in rejection or higher interest rates.