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Ancient and still bearing the marks of the Indus Valley civilisation, Meerut is an important metropolitan city in Uttar Pradesh. Since it is close to Delhi and has a massive amount of industrial land available, Meerut has plenty of opportunities for those who are looking for steady work or wish to start small businesses. It is especially famous for industries based on sporting goods, chemicals, textiles, tyres and so on. While the impact of modernisation has brought Meerut a long way from its Indus Valley days, people here often need that extra monetary boost to maintain a good living standard or deal with emergency expenses. Availing a personal loan in Meerut is usually the solution in such cases. And Hero FinCorp, a personal loan finance company in Meerut, is all set to help them by offering personal loans at competitive rates of interest.
Self-employed professionals can avail up to Rs 5 Lakh at Hero FinCorp and use them for various planned or unplanned expenses.
Women professionals can avail a loan for any planned or unplanned expenses with quick approval and minimal documentation at Hero FinCorp.
With Hero FinCorp, government employees can apply for a Personal Loan in Meerut of up to Rs 5 Lakh for various purposes.
Finance your study abroad programme with a Hero FinCorp Personal Loan for education by getting instant approval with low-interest rates.
Hero FinCorp offers Personal Loan finance in Meerut for doctors at attractive interest rates with tenures of up to 36 months.
You can get an instant Personal Loan and use it for any travel-related expense like hotel booking airfare, visa fees, accommodation, shopping and sightseeing.
Enjoy a 100% paperless application procedure and get quick approval for a wedding loan at Hero FinCorp.
Revamp your living space with Hero FinCorp’s Personal Loan for home renovation that gives hassle-free financing for home improvement projects.
A Personal Loan EMI calculator is an automated online tool to help you calculate your loan EMIs based on your loan amount, interest rate, and repayment term. Enter these three variables correctly at the right places to get the desired results instantly. Choose a repayment term according to your repayment capacity and manage EMIs without stressing your budget.
Select Loan Amount
₹
Min ₹ 50,000
Max ₹ 3,00,000
Interest Rate
11 %
Min 11% p.a
Max 35% p.a.
Select Loan Repay Duration
12 Months
Min 6 Months
36 Months
The features and advantages that make Hero FinCorp the most preferred personal loan provider in Meerut, include
Based on the monthly income of the applicant, Hero FinCorp, a personal loan finance company in Meerut, offers loan amounts in the range of Rs 50,000 to Rs 5,00,000, which is quite substantial for an unsecured loan.
At Hero FinCorp, EMIs for personal loan repayment are based on competitive interest rates, which is why they are affordable for most salaried and self-employed professionals.
Personal Loans in Meerut are unsecured funds, and therefore, require no collateral to be pledged as security. So, it is no wonder that Hero FinCorp approves personal loans in no time.
Hero FinCorp, a personal loan provider in Meerut, provides flexible repayment tenures that can vary between 6 and 36 months. Hence, based on your repayment capability, you can choose the tenure.
Personal loans in Meerut are required in time of emergencies. Thus, to speed up the process, Hero FinCorp, a top personal loan provider in Meerut, provides instant approval after scrutinising a few relevant documents.
To be eligible for personal loan Meerut, an applicant must meet the following criteria:
An Indian citizen in the age group between 21 years to 58 years is eligible for a personal loan in Meerut.
To be eligible for an instant Personal Loan in Meerut, candidates must be Indian citizens.
A working professional who is currently employed at a company and is employed for at least 6 months. A self-employed person should have at least two years of experience in their current business
The applicant should be earning a minimum monthly income of Rs 15000 to be eligible for the personal loan.
Documentation is an essential component of your loan application process. However, you must know which documents to provide to obtain a loan successfully. Since the documentation requirements vary for salaried and self-employed borrowers, here is an overview of the required documents:
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
Knowing the interest rates and other applicable charges prepares you for loan-related expenses. At Hero FinCorp, we charge minimal fees with complete transparency. These are a few costs involved with the Personal Loan process:
Fees & Charges | Chargeable Amount |
---|---|
Interest Rate | Starting from 1.58% per month or 19% to 30% per annum |
Processing Fee | 2.5% to 3.5% |
Part-payment charges | NA |
Foreclosure Charges | 5% + GST |
EMI Bounce Charges | Rs 350/- |
No. There are no tax rebates for availing a personal loan in Meerut as per the Income Tax Act.
At Hero FinCorp, the highest loan amount that can be approved for personal loans is Rs 3,00,000.
The documentation requirements at Hero FinCorp differ for salaried and self-employed individuals. While the income and address proofs are the same for both, the difference lies in the income proof. Check the documentation requirements to stay prepared with the relevant documents.
Yes, you can foreclose or prepay your Personal Loan at Hero FinCorp. You can contact our customer care department for the process and formalities.
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