Attractive Interest Rates:
The Personal Loan interest rate in Vadodara starts from 1.58% per month or 19% per annum.
Personal Loan in Vadodara
Loan up to Rs 5 Lakh
Minimum Income Required Rs 15K
Instant Approval in 10 Minutes
Personal Loan EMI Calculator
Get a Personal Loan in Vadodara With Quick Approval
Vadodara, also known as Baroda, is one of the fastest-growing cities in Gujarat. With its robust industry base, educational institutions, and popular culture, it's a vibrant city to live and work. From wedding planning to taking care of unforeseen medical expenses or home improvement, a Personal Loan in Vadodara can help you meet different financial requirements with ease.
At Hero FinCorp, you can apply for a Personal Loan of up to Rs 5 Lakh with approval in less than 10 minutes. It comes with competitive interest rates and flexible loan tenures and requires no collateral. Even if your monthly income is Rs 15,000, you are eligible to apply. With minimal documentation limited to basic KYC details and a paperless application process, availing a Personal Loan online in Vadodara is simple and convenient.
Why Choose Hero FinCorp for a Personal Loan in Vadodara?
Hero FinCorp offers a simple and fully digital Personal Loan application process in Vadodara, making it easy for applicants to access funds quickly. You can apply online and get instant approval with just KYC details, such as PAN and Aadhaar numbers. The loans are collateral-free with flexible tenures of 12 to 36 months and amounts of Rs 50,000 to Rs 5 Lakh. Competitive interest rates and a 100% digital process make Hero FinCorp a reliable and trusted option for instant loans. You can apply online for a Personal Loan and receive a suitable loan offer in Vadodara based on your income and credit profile.
Features and Benefits of Hero Fincorp Personal Loan Vadodara
Experience the convenience of an easy and quick loan from Hero FinCorp, offering an array of attractive features and benefits.
Collateral-Free:
Our Personal Loans require no collateral, helping you get faster approvals than secured loans.
Flexible Repayment Tenure:
Our Personal Loans in Vadodara come with flexible repayment tenures of up to 36 months.
Instant Approval:
You can get a Personal Loan in Vadodara approved in 10 minutes with minimal documentation requirement.
High Loan Amount:
At Hero FinCorp, you can get up to Rs 5 Lakh online for various planned or unplanned expenses.
Eligibility Criteria for Instant Personal Loan in Vadodara
To apply for an instant loan in Vadodara, you must meet the basic criteria of eligibility for a Personal Loan listed below.
| Criteria | Requirement |
|---|---|
| Age | You should be between 21 and 58 years of age. |
| Citizenship | You should be an Indian citizen. |
| 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. |
| Credit Score | A score of 700 or above is generally preferred for instant approval. |
Documents Required to Apply for a Personal Loan in Vadodara
No documentation is required to get an Instant Personal Loan in Vadodara. Hero FinCorp follows a paperless process. To apply, you only need your KYC details, including PAN and Aadhaar, to complete the Personal Loan application process smoothly.
Interest Rates on Personal Loan in Vadodara
We offer competitive rates for a Personal Loan in Vadodara based on your eligibility, credit score, and income. These competitive interest rates starting at affordable levels ensure the loan amount disbursed remains cost-effective over the tenure. Always review the applicable rates and charges before applying to ensure the loan aligns with your financial needs.
| 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. The online loan app does not charge any cancellation charges |
| 2. The interest amount paid is non-refundable | |
| 3. Processing charges are also non-refundable No Other Hidden Charges |
How to Apply For a Personal Loan in Vadodara?
Follow these steps to apply for an instant Personal Loan through a simple application process.
- 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
Common Uses of Personal Loan in Vadodara
A Personal Loan acts as a quick loan solution for various planned and unplanned expenses. It offers flexibility, as the funds can be used for any legal purpose based on individual needs and priorities.
Common uses include:
- Weddings: Managing venue, catering, clothing, or other celebration-related costs
- Medical needs: Handling planned or unexpected healthcare expenses
- Education: Supporting course fees or skill-development expenses
- Home repairs: Covering renovation, maintenance, or essential upgrades
- Travel: Managing travel-related expenses for personal reasons
Before applying for our instant cash loan, ensure you check all the benefits of a Personal Loan on this page.
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
★★★★★
Frequently Asked Questions
You only need your KYC details, such as PAN and Aadhaar numbers, to apply for a Personal Loan in Vadodara.
At Hero FinCorp, a Personal Loan can be approved within 10 minutes, with the loan amount usually disbursed within a few hours of approval.
Yes, self-employed individuals can apply for a Personal Loan in Vadodara, subject to meeting eligibility criteria and providing the required KYC and business-related details.
A CIBIL score of 700 or above is ideal. Applicants with a low or no score may also apply, subject to additional eligibility conditions.
Personal Loans come with nominal processing fees and applicable charges, which are clearly disclosed upfront. Hero FinCorp follows a transparent process with no hidden charges.
Yes, you can prepay or foreclose your loan. Hero FinCorp does not charge any prepayment fees, while foreclosure attracts a charge of 5% plus GST.
The interest rate is based on your income, credit score, employment stability, loan amount, and chosen tenure, as assessed under Hero FinCorp’s internal lending policies.
Missing an EMI can attract a late payment charge and extra interest on the overdue amount. It may also negatively impact your credit score.
You can check your loan eligibility using the Personal Loan Eligibility Calculator on the Hero FinCorp website.
