Personal Loan for Doctors
Medical professionals can apply for a personal loan for doctors online and get up to Rs 5 Lakh at attractive rates.
Commonly referred to as the "Queen of the Arabian Sea", Kochi is a port city located in Kerala that was previously visited by Chinese, European, and Arab traders. Its rich history continues to resonate in colonial buildings and the famous Chinese fishing nets that adorn its shores. While previously famous for spice trade, Kochi now prospers through industries like shipbuilding, transport, and construction. A blend of heritage and development, the city is inhabited by people who aim for career advancement or have businesses with highly ambitious objectives. However, unexpected financial requirements can arise anytime. Here, Hero FinCorp, a reliable Personal Loan lender in Kochi—provides instant loans of up to Rs 5 Lakh at reasonable interest rates. You can get instant sanction within 10 minutes with repayment periods of up to 36 months. The eligibility requirements are easy to meet. Even those with a minimum monthly income of only Rs 15,000 can apply for a Personal Loan.
At Hero FinCorp, we offer a wide range of Personal Loans for different needs. Explore the options and choose the one that suits you.
Before applying, check out the key features and benefits of our Personal Loans in Kochi.
The personal loan eligibility criteria at Hero FinCorp is simple. Both salaried and self-employed individuals can easily meet them. Here are the key requirements
Documentation is essential for verification and eligibility checks. At Hero FinCorp, we keep the process simple with minimal paperwork. It’s still important to know which documents are required for a personal loan application. The list may vary slightly for salaried and self-employed applicants. Here are the details.
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 personal loan interest rate in Kochi, you must also know the additional charges that add to your loan cost. Hero FinCorp's charges are 100% transparent, so we won't surprise you with any hidden costs during the loan term. These are the applicable charges:
Fees & Charges | Amount Chargeable |
---|---|
Interest Rate | Starting from 1.58% per month |
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 |
To apply for a Personal Loan in Kochi from Hero FinCorp, follow these steps:
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