Personal Loan EMI Calculator
Vellore, well-known for its rich past and growing educational & healthcare sectors, is developing into a vibrant city. With growing personal expenses, Personal Loans have become a go-to solution for instant cash support. At Hero FinCorp, you can get up to Rs 5 Lakh Personal Loan in Vellore with attractive interest rates and flexible tenures. Whether you're salaried or self-employed, if you have a monthly income of Rs 15,000, you can apply easily online and get approval in less than 10 minutes.
Look at the features and benefits of Hero FinCorp Personal Loans to make better-informed borrowing decisions:
With Hero FinCorp, you can up to Rs 5 Lakh Personal Loan in Vellore for various purposes without collateral.
The Personal Loan interest rates at Hero FinCorp start from 1.58% per month or 19% per annum.
You can get collateral free personal loans at Hero FinCorp without a security, or guarantor.
You can choose a repayment tenure of 12 to 36 months. You use a personal loan emi calculator to choose a suitable tenure.
You can get approval for a Personal Loan in 10 minutes when you apply on the Hero FinCorp website or app.
Personal loan eligibility criteria at Hero FinCorp are clear and favourable for most applicants. We are dedicated to making personal finance accessible to all without hassle, thanks to our simple eligibility conditions and no collateral requirement. Although they may differ from case to case, these are the standard eligibility conditions you must fulfil:
| Criteria | Requirement |
|---|---|
| Age | Applicant should be between 21-58 years. |
| Citizenship | You should be a citizen of India. |
| Work Experience | Six months for salaried individuals and 2 years for self-employed individuals. |
| Monthly Income | Applicant should at least earn a minimum amount of Rs 15,000 monthly. |
At Hero FinCorp, the documentation requirements vary for salaried and self-employed individuals. It's important to check the required personal loan documents in advance to ensure a smooth and hassle-free application process.
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Last 6 Months Salary Slips, Bank Statements, and Form 16
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Last 6 Months Bank Statements and ITR for 2 Years
Before applying, check out the personal loan interest rates and other charges. At Hero FinCorp, there are no hidden charges. Here are the details.
| 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 |
You can apply for a Hero FinCorp personal loan in vellore online. The application process is simple to follow. You can apply for a personal loan in just a few clicks without visiting our office. These are the steps to follow:
Visit the Hero FinCorp website or install the personal loan app
Go to the Personal Loan page and click ‘apply now’
Enter your mobile number and verify with the OTP received
Choose the loan amount you need
Verify your KYC details to check income eligibility
Click ‘Submit’ to complete your application
