High Loan Amount
We offer Personal Loans in Sonpur up to Rs 5 Lakh, giving you the peace of mind during emergencies.
Personal Loan EMI Calculator
Get a Personal Loan in Sonpur With Quick Approval
Sonpur is located at the junction of the Ganges and Gandak rivers in the Indian state of Bihar. It is known for Sonpur Mela, ancient temples and cultural sites. This city has a rich history and values its old customs and culture. However, that's just one aspect of it. On the other hand, Sonpur is a prominent centre for textiles and handicrafts. These industries provide significant employment opportunities and contribute substantially to the city's economic output.
The need for Personal Loans is high in Sonpur for various reasons, such as weddings, medical expenses, education, etc. This has led to the emergence of many financial institutions and Personal Loan providers in the city to meet the increasing demand. If you are looking for a hassle-free Personal Loan in Sonpur, Hero FinCorp is the right place to contact. We provide instant approval and require minimal paperwork.
Features And Benefits of Hero FinCorp Personal Loan Sonpur
We understand needing financial assistance can be confusing. That's why Hero FinCorp's Personal Loan in Sonpur is designed to make things easier for you. We offer instant approval, and our loans come with many other benefits that can help alleviate the burden of your financial worries.
Attractive Interest Rate
We offer Personal Loans with affordable interest rates starting from 19% per annum.
Collateral-Free
Hero FinCorp offers collateral-free Personal Loans so you won't have to pledge any valuable possessions.
Flexible Repayment Tenure
We offer flexibility to repay the loan over 12 to 36 months to help you manage your finances better.
Instant Approval
Hero FinCorp provides instant loan approval to help you meet your urgent needs.
Eligibility Criteria for Instant Personal Loan in Sonpur
You must meet certain eligibility criteria for a Personal Loan from Hero FinCorp in Sonpur. This helps increase your chances of being approved for the loan.
| Criteria | Details |
|---|---|
| Age | You can apply for a loan between 21 and 58 years old. |
| Citizenship | To be eligible, you need to hold Indian citizenship. |
| Work Experience | Work experience: 6 months for salaried individuals, 2 years for self-employed. |
| Monthly Income | You need a minimum monthly income of Rs 15,000 for financial stability. |
Documents Required to Apply for a Personal Loan in Sonpur
When applying for a Personal Loan in Sonpur at Hero FinCorp, we only require a few documents, including your identity, address, proof of income, etc. However, please note the requirements for salaried and self-employed individuals may vary, so gather the correct documents before applying. Review the Required Documents for Personal Loans carefully.
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 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 Sonpur
We offer personal loans in sonpur with interest rates starting from 19%* t&c apply p.a. You don't have to worry about additional charges, as we keep them reasonable. Here's an overview of our personal loan interest rates and other 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 Sonpur?
If you're in Sonpur and looking for quick approval for a Personal Loan, Hero FinCorp can help you. You can apply for an instant loan up to Rs 5 lakh by downloading the Hero FinCorp Personal Loan app.
- 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 Clients Say About Us
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Frequently Asked Questions (FAQs)
Yes, living near Sonpur shouldn't affect your eligibility. Hero FinCorp offers Personal Loans to eligible borrowers in Sonpur.
No, a temporary visa disqualifies you from getting a Personal Loan.
We can still assess your eligibility if you've recently moved to Sonpur.
Unfortunately, the maximum loan term is not predetermined. It is generally 12 to 36 months with Hero FinCorp.
Contact us for info on prepayment charges for a Personal Loan. This will depend on the loan amount and interest rates.