High Loan Amount
Get instant Personal Loan amounts of up to Rs 5 Lakh online when you apply through our loan app or website.
Personal Loan in Tirupur
Loan up to ₹5 Lakh
Minimum Salary Required ₹15K
Instant Approval in 10 Minutes
Personal Loan EMI Calculator
Get Personal Loan in Tirupur with Quick Approval
Tirupur is a famous city in Tamil Nadu. It is renowned for its textile business and is among India's primary hubs for producing and exporting apparel. The city has good road connectivity, qualified workers and recognised factories that contribute to its development. Apart from its industries, Tirupur also has several picturesque destinations. The Avinashiappar Temple is a famous temple of Lord Shiva. Around it, the Thirumoorthy Hills offers scenic views, waterfalls, and a calm place for relaxation.
If you are planning a big wedding, require funds for medical care or any other cash requirement in Tirupur, you can simply take a Personal Loan of up to Rs 5 Lakh. When you apply with Hero FinCorp, the loan gets sanctioned in 10 minutes. Our loans have competitive interest rates and flexible repayment tenures of up to 36 months. Even if you have a monthly income of Rs 15,000, you can apply and get the funds you need. This simple and fast loan can help you manage any planned or unplanned expense without hassle.
Features And Benefits of Hero FinCorp Personal Loan Tirupur
Experience a seamless borrowing experience with Hero FinCorp's hassle-free Personal Loan in Tirupur. Enjoy attractive features, including competitive interest rates, flexible repayment options, and fast approval to meet your diverse financial needs.
Attractive Interest Rates
The Personal Loan interest rate at Hero FinCorp starts from 1.58% per month, making your loan manageable.
Tenure of Flexible Repayment
You can choose a flexible repayment tenure from 12 to 36 months based on your repayment capability.
Instant Approval
You can get approval for a Personal Loan in Tirupur within 10 minutes when you apply online with Hero FinCorp.
Collateral-Free
Take advantage of the simplicity of obtaining a loan without pledging any collateral, simplifying the application procedure and speeding up approval.
Eligibility Criteria for Instant Personal Loan in Tirupur
Before applying for a personal loans in tirupur, make sure you meet the personal loan eligibility criteria. These include your age, monthly income, work experience, and Indian citizenship
| Criteria | Requirement |
|---|---|
| Age | You should be between 21 and 58 years. |
| Citizenship | You should be a citizen of India. |
| Work Experience | Six months for salaried applicants and 2 years for self-employed applicants. |
| Monthly Income | You should have a minimum income of Rs 15,000 monthly |
List of Documents Required to Apply for a Personal Loan in Tirupur
Documentation requirements are minimal for a personal loan application in Tirupur. The process is fully digital, with no need for branch visits or physical paperwork. You can simply provide the required personal loan documents through our loan app or website. Here are the separate documentation requirements for salaried and self-employed applicants.
Documents Required For Salaried Employee
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Six Month Salary Slip & Bank Account Statement, Form 16
Job Continuity Proof
Appointment Letter From the Current Employer
Proof of Residence
Driver Licence, Passport, Aadhaar Card, Utility Bill
Documents Required For Self Employed
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Filled Loan Application Form, Passport Size Coloured Photograph
Proof of Income
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreemen
Proof of Business Existence
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Interest Rates on Personal Loan in Tirupur
You don’t have to pay a high cost to get the funds you need. Hero FinCorp offers competitive personal loan interest rates in Tirupur and nominal processing fees. Here’s a quick look at the other charges you should know about.
| 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 Tirupur?
To apply for a Personal Loan in Tirupur from Hero FinCorp, follow these steps:
- 01
Visit the Hero FinCorp website or install the personal loan app
- 02
Go to the personal loan page and click ‘apply now’
- 03
Enter your mobile number and verify with the OTP received
- 04
Choose the loan amount you need
- 05
Verify your KYC details to check income eligibility
- 06
Click ‘Submit’ to complete your application
Disclaimer
*Approval & Agreement: Loan approval is at Hero FinCorp's discretion. By applying, you agree to our Terms & Conditions, Privacy Policy, and Loan Agreement.
*Data Use: You consent to electronic processes and data use for loan assessment, as per our Privacy Policy.
*Security: Keep your account and device secure. Report our customer care for unauthorized activity immediately.
*Grievances: For concerns, refer to our Grievance Redressal Policy.
*EMI Payment: Refer to our T&Cs here*
*RBI Mandate: RBI requires transparent disclosures. Learn more from RBI.
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Frequently Asked Questions (FAQs)
Yes. You can get a loan with a cash salary, provided you meet our eligibility criteria and provide proper income documentation.
A jobless individual may face challenges in obtaining a loan, as lenders require a steady source of income for loan repayment. They can consider applying with a co-applicant.
Yes, you can take a Personal Loan more than once, subject to meeting the eligibility criteria, credit assessment, and repayment capacity.
The Equated monthly instalment, or EMI, of a Personal Loan is based on your loan amount, the rate of interest and repayment tenure. The online EMI calculator can help you know the instalment amount instantly.
The salary requirements differ from one lender to the other. For instance, you need an income of at least Rs 15,000 per month at Hero FinCorp.
No, you will have to show your salary slips for loan processing. In case you do not have salary slips, you can give your bank statements, Form 16 or ITRs (income tax returns).
When you need a Personal Loan urgently, you can choose to apply online. You can consider the Hero FinCorp app or website, where you can get approval in 10 minutes.
Yes, proof of income (like pay slips, bank statements and Form-16) is needed for a Personal Loan application. It helps the loan provider know about your repayment capacity.
Yes, some lenders can give you a Personal Loan even when you have a low or poor CIBIL score, but they may not give you a higher loan amount or affordable rates.
There are many lending apps that provide instant Personal Loans in Tirupur. For instance, the Hero FinCorp app offers up to Rs 5 Lakh without collateral online.
No. Documents are essential for loan application. Some online lenders, like Hero FinCorp, do not ask you to submit physical copies of your documents. You just need your KYC details and income proof.
Yes, you can get approved for a Personal Loan for any emergency with Hero FinCorp. You can get approval in 10 minutes when you apply online.