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Personal Loan
in Mumbai

  • Loan up to ₹5 Lakhs
  • Minimum Salary Required ₹15K
  • Instant Approval
Apply Now

Apply for personal loan in mumbai

Get Personal Loan in Mumbai With Quick Disbursal

Known as the "Financial Capital of India," Maharashtra's capital Mumbai is believed to be the "City of Dreams." Whether you are a struggling actor who dreams to make it big in Bollywood, or a salaried individual striving for your career’s next big jump, or an entrepreneur trying to build a fortune—Mumbai is for all. And to meet the financial needs for carving a life in this metro, you can rely on a personal loan in Mumbai. While you may come across many personal loan providers in Mumbai, Hero FinCorp is the one that fulfils your financial requirement at an affordable interest rate.

We Offer a Wide Range of Personal Loans!

Personal Loan EMI Calculator

Enter your loan amount, interest rate and tenure in the Personal Loan EMI calculator to opt for a tenure with affordable EMIs. The longer the term, the smaller the EMIs, but the higher the interest outgo. So, compare different loan plans and make a well-informed borrowing decision.


Loan Detail

Select Loan Amount

Min ₹ 50,000

Max ₹ 5,00,000

Interest Rate

15 %

Min 15%

Max 35%

Select Loan Repay Duration

12 Months

Min 12 Months

60 Months

Your Estimated EMI

₹ 4477

Features And Benefits of Hero FinCorp Personal Loan Mumbai

When applying for a personal loan in Mumbai, 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 from the others.

Unsecured Loan:

With Hero FinCorp personal loan in Mumbai, you can acquire the funds you need without putting up any valuables as collateral. With our unsecured personal loan, you can maintain full ownership of your assets while borrowing the money.

Competitive Interest Rates:

Everything in our world has a cost including your personal loan, the cost of which is determined by the interest rate. Hero FinCorp provides a personal loan in Mumbai at a competitive interest rate, allowing you to finance your needs cost-effectively.

Flexible Tenure:

Hero FinCorp's Personal loan in Mumbai term can be chosen for any period ranging from 12 months to 60 months. Since you can choose the term at your convenience, you can enjoy a relaxed repayment journey.

Hassle-free Process:

Hero FinCorp does not require any physical interaction to sanction the personal loan in Mumbai. Simply complete the online application form, upload your e-KYC, and receive instant approval in less than 5

Eligibility Criteria for Instant Personal Loan in Mumbai

To apply for a personal loan in Mumbai through Hero FinCorp, the following eligibility criteria must be fulfilled.

Documents Required to Apply for a Personal Loan in Mumbai

Are you looking for an urgent cash loan in Mumbai? The documentation requirements may vary based on whether you are salaried or self-employed. Prepare the documents according to your profession and upload their scanned copies online through our loan app.

Documents Required

For Salaried Employee
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

Six Month Salary Slip & Bank Account Statement, Form 16

Job Continuity Proof

Appointment Letter From the Current Employer

Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

 

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 Six Months Bank Statement, ITR for the Last Two Consecutive Years

Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

Proof of Business Existence

Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate

Interest Rates on Personal Loans in Mumbai

Unlike private loan providers in Mumbai, 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 Chargeable Amount
Interest Rate Minimum 15%
Processing Fee 2.5% to 3.5%
Part-payment charges NA
Foreclosure Charges 5% + GST
EMI Bounce Charges Rs 350/-

How To Apply For a Personal Loan in Mumbai?

Need an instant personal loan in Mumbai? Here’s how you can get it with Hero FinCorp.

  1. To fill out a personal loan online application form, click here.
  2. Submit the application.
  3. After that, our executive will contact you to obtain further information necessary for loan processing.
  4. After a successful evaluation of your credentials, the amount will be credited to your account.

Frequently Asked Questions

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