Personal Loan for Doctors
Professionals in the medical industry can fulfill their goals with a personal loan for doctors.
Ludhiana is a large city in Punjab, famous for its shawls and stoles. It has a great business environment where small-scale industries thrive and achieve financial stability. Ludhiana is also growing as an IT hub with many software companies getting established in and around the city. Since living in such a city can be expensive, a Personal Loan in Ludhiana acts as a cushion during emergencies, by providing relief from financial bottlenecks.
Hero FinCorp, a Personal Loan provider in Ludhiana is leading the way by offering loans of up to Rs 5 Lakh to eligible applicants at a competitive rate of interest. Anyone, whether a salaried or self-employed individual, can apply for a Personal Loan online with Hero FinCorp can get approval in 10 minutes. You just need to meet the eligibility criteria, including a minimum income of Rs 15,000 per month.
At Hero FinCorp, we offer a wide range of Personal Loans for salaried employees, self-employed individuals and other professionals. You can choose a loan that meets your specific needs and financial goals.
Hero FinCorp, a personal loan provider in Ludhiana, showers you with multiple features and advantages, like,
Before applying for a Personal Loan, make sure you meet the eligibility criteria. These include your age, monthly income, work experience, and citizenship. The Personal Loan eligibility criteria at Hero FinCorp are simple and easy to fulfil.
Documentation requirements to apply for a personal loan in Ludhiana differ for salaried and self-employed applicants. You can submit the necessary documents through the Hero FinCorp Personal Loan app to simplify the verification process and get instant approval. Here is the list of essential documents required for a Personal Loan at Hero FinCorp.
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
Here’s a look at the Personal Loan interest rate in Ludhiana and some additional charges you should be prepared to pay during the loan tenure. Our fee structure is 100% transparent without any hidden 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 |
Here is the stepwise process to apply for a Personal Loan in Ludhiana with Hero FinCorp online:
Visit the Hero FinCorp website or install the personal loan app
Go to the instant 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