Calculate Personal Loan EMI
Popularly known as ‘Mini Mumbai’, Indore is a bustling city in Madhya Pradesh that embodies both traditional and modern lifestyles, making it a unique city for living. The rapid growth of the city in terms of infrastructure and tourism has made Indore the business capital of the state. A developed city means a higher cost of living and hence, a personal loan in Indore becomes essential for managing expenses without stress. Hero FinCorp, one of the top personal loan providers in Indore, offers personal loans at low-interest rates.
Hero FinCorp is a personal loan finance company in Indore and it offers personal loans with many features and perks such as:
If a personal loan applicant satisfies the minimum eligibility criteria and submits the necessary documents, Hero FinCorp, a well-recognized personal loan provider in Indore, will provide personal loans ranging from Rs 50,000 to Rs 5,00,000.
Hero FinCorp offers personal loans at an affordable interest rate compared to other personal loan providers in Indore based on the income earned by salaried as well as self-employed individuals.
A personal loan application doesn’t require pledging of any collateral for approval as it is an unsecured loan, thus, accelerating the loan processing time.
At Hero FinCorp, personal loan repayment tenure is made flexible to reduce the burden on the customers on EMIs. Repayment tenure of 6 months to 36 months is available and can be chosen at your convenience.
Personal loans are usually needed at the time of emergencies, making fast approval essential. At Hero Fincorp, if the eligibility criteria are met and the document verification process is completed, the personal loans Indore approval is done instantly.
Here are the eligibility criteria that Hero FinCorp has set for you to apply for a personal loan in Indore.
| Criteria | Requirement |
|---|---|
| Age | An Indian resident in the age category of 21 years to 58 years. |
| Citizenship | To be eligible for an instant Personal Loan in Bardhaman, candidates must be Indian citizens. |
| Work Experience | An applicant must have a minimum experience of 6 months if they are salaried, and if self-employed the business should be in existence for at least 2 years. |
| Monthly Income | A monthly income of Rs 15,000 is mandatory for both salaried and self-employed individuals to apply for a personal loan in Indore. |
Identity, address, and income proofs are the basic documents you must submit when applying for an instant cash loan in Indore. However, Personal Loan providers in Indore offering loans to salaried and self-employed individuals have different documentation requirements. Don't worry; you don't need to visit our branch office to submit the paperwork, as you can simply upload them online through our loan app.
Driver’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Six Month Salary Slip & Bank Account Statement, Form 16
Appointment Letter From the Current Employer
Driver Licence, Passport, Aadhaar Card, Utility Bill
Driver’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Last Six Months Bank Statement, ITR for the Last Two Consecutive Years
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate
Apart from the interest rate, you must be prepared to pay a few other charges that are part of the Personal Loan process. Some of these include the following:
To apply for a Personal Loan in Indore from Hero FinCorp, follow these steps:
A personal loan in Indore can be availed of at Hero FinCorp either by applying online or offline, through a personal visit to the nearest branch.
Complete a simple personal loan application designed specifically for fast processing.
Submit the income proof, passport size photos, and all the relevant KYC documents either through the official Hero FinCorp website or offline at the nearest branch office.
Once the personal loan application and document verification processes are completed, sign the loan agreement by accepting Hero FinCorp terms and conditions.
After this, it is time to relax and just wait for some time to get the loan amount credited to your bank account. Hero FinCorp offers instant personal loan approval in Indore.
