Personal Loan for Doctors
Hero FinCorp provides instant Personal Loans for Doctors with convenient application procedures and minimal documentation requirements.
Madurai, a vibrant city in Tamil Nadu, is known for its rich cultural heritage, historical temples, and growing tourism. It also hosts significant industrial activity, particularly in rubber plantations and adjoining manufacturing units. With a majority of the population belonging to a medium-income group, access to timely financial assistance is important—especially during unexpected expenses or emergencies.
To meet these needs, Personal Loans in Madurai have become a preferred choice among residents, visitors, and even travellers. With easy access to smartphones, people can now apply for instant Personal Loans online without visiting a branch. These loans are multi-purpose, catering to medical needs, travel, education, weddings, or any personal requirement.
Hero FinCorp offers instant approval in just 10 minutes, along with competitive interest rates, flexible repayment tenures, and requires a minimum monthly income of Rs 15,000. Thanks to the quick and digital process, more individuals in Madurai are turning to Personal Loans as a reliable financial solution.
Whether you are salaried, self-employed or professional, you can get a Personal Loan from Hero FinCorp as per your specific need or profession.
Time is money nowadays. If personal loans can be requested online, why visit the branch for a long procedure. Know the benefits and features of applying for personal loan online in Madurai and make the most of sanctioned funds:
The Personal Loan eligibility criteria at Hero FinCorp are simple. Both salaried and self-employed individuals can easily meet the requirements. Here are the details:
Documentation is essential for verification and eligibility checks. However, Hero FinCorp keeps the process simple with minimal paperwork. It’s still important to know which Personal Loan documents are required for the application. The requirements may vary slightly for salaried and self-employed applicants. Here are the details.
Driving 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
Driving 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
When applying for an instant loan, it’s important to understand the related costs, such as the interest rate and processing charges. At Hero FinCorp, Personal Loan interest rates are competitive, and other charges are nominal. Let’s take a look.
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 |
The apprehension of going to the bank and waiting for the loan amount to be sanctioned within days has been replaced by online instant personal loan apps. Go with the flow shown in the chosen instant loan app and avail quick personal loan in Madurai:
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