Collateral-Free
Our loans don't require collateral, so you don't need to pledge any assets to apply for a loan.
Personal Loan in Kolkata
Loan up to Rs 5 Lakh
Minimum Salary Required Rs 15K
Instant Approval in 10 Minutes
Personal Loan EMI Calculator
Get Personal Loan in Kolkata With Quick Disbursal
Kolkata, better known as the City of Joy, is a city full of life, tradition, and growing opportunities. With growing expenses, Personal Loans have become a popular choice for quick cash requirements. At Hero FinCorp, you can get a Personal Loan in Kolkata of up to Rs 5 Lakh with approval in less than 10 minutes. Our loans come with attractive interest rates and flexible tenures. Whether you're salaried or self-employed, if your monthly income is Rs 15,000, you can apply easily and use the funds for various planned or unplanned needs.
Features and Benefits of a Personal Loan in Kolkata
When applying for a personal loan in Kolkata, be sure the features available to you include time and cost-saving benefits. Here are some features of Hero FinCorp Personal Loans that set us apart.
Flexible Repayment Tenure
Our loans offer flexibility, with repayment tenures of up to 36 months.
Instant Approval
We understand the urgency of financial issues, that's why we approve loans instantly.
Instant Loan Amount
We offer personal loans of up to Rs 5 Lakh so you can confidently tackle financial challenges.
Attractive Interest Rate
Take advantage of our competitive personal loan interest rates, starting from 19%* per annum.
Eligibility Criteria for Instant Personal Loan in Kolkata
Before applying, make sure you meet the Personal Loan eligibility criteria. Here are the details.
| Criteria | Requirement |
|---|---|
| Age | Applicants should be between 21 and 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. |
List of Documents Required to Apply for a Personal Loan in Kolkata
Are you looking for an urgent cash loan in Kolkata? The documentation requirements may vary based on whether you are salaried or self-employed. It's advisable to check the required Personal Loan documents in advance to ensure a smooth and hassle-free application process.
Documents Required For Salaried Employee
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
6 Months’ Salary Slips & Bank Statements, Form 16
Job Continuity Proof
Appointment Letter from Current Employer
Proof of Residence
Driving License, Passport, Aadhaar Card, Utility Bill
Additional Documents (Self-Employed Only)
N/A
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 6 Months’ Bank Statements, ITR for Last 2 Years
Job Continuity Proof
N/A
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Additional Documents (Self-Employed Only)
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
Interest Rate and Charges for Personal Loan in Kolkata
Unlike private loan providers in Kolkata, our loan charges are transparent and nominal. However, knowing the loan-related charges and fees is always better before making a borrowing decision. Here is detailed information about the costs involved:
| 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 Kolkata?
Need an instant personal loan online in Kolkata? Here’s how you can get it with Hero FinCorp.
- 01
Visit the Hero FinCorp website or install the personal loan app
- 02
Go to the personal loan page and click on ‘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
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Frequently Asked Questions
We consider the following factors while deciding on the maximum loan amount: Applicant's age and income, Credit history, Employer reputation, and Debt-to-income ratio.
When applying with Hero FinCorp Personal Loan in Kolkata, you should be between 21 and 58 years of age.
Applying for our Personal Loan is very simple. You can apply for it either online through our official website or by visiting our Kolkata branch or outlet in person.
When you apply with us, you enjoy the following perks and features: Instant approval, Minimal documentation, Unsecured and multi-purpose loans, Flexible repayment terms
At Hero FinCorp, you can get approval for a Personal Loan within 10 minutes when you apply online.
Yes, you can use a Personal Loan for various purposes, like a wedding, vacation, education, home renovation, or big-ticket purchases.
Yes, you can get approval for a Personal Loan in Kolkata in 10 minutes when you apply online.
You can get a Personal Loan of up to Rs 5 Lakh at competitive rates (1.58% per month) and flexible tenure (12-36 months).