Personal Loan EMI Calculator
Panipat is a city of historic importance in Haryana. It is well-known for its rich past and growing industrial presence. With growing expenses, many residents are now using personal loans for handling planned or unplanned expenses.
We at Hero FinCorp offer personal loans in Panipat, from Rs 50,000 to 5,00,000, with approval in less than ten minutes. Our loans come with competitive interest rates and flexible tenures for repayment. If your monthly income is Rs 15,000, you can apply online and get quick cash.
Personal Loans offered by Hero FinCorp in Panipat have many advantages. Some of the most important characteristics of our Personal Loans are:
We have kept our loan application process simple and hassle-free. With minimum paperwork, you get your loan approved within 10 minutes.
Personal loans are unsecured forms of financing. Applicants do not have to mortgage their assets as collateral.
We have kept our loan application process simple and hassle-free. With minimum paperwork, you get your loan approved within 10 minutes.
You can select a repayment tenure of 12 to 36 months based on your monthly budget.
Personal Loans can be utilised for various purposes like higher education, home renovation, wedding expenses, and more.
To apply for a personal loan in Panipat, make sure you meet the eligibility criteria. At Hero FinCorp, the personal loan eligibility criteria are easy to fulfil. Here are the details.
| Criteria | Requirement |
|---|---|
| Age | Applicant should be between 21-58 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 |
In Panipat, a personal loan comes in handy during any financial emergency. However, you must have the essential documents to get approval without hassle. The required personal loan documents at Hero FinCorp vary for salaried and self-employed applicants. Here’s a list of documents you’ll need.
Driver’s Licence, Passport, PAN Card, Aadhaar card
Loan Application Form, Passport Size Photo
6 Months’ Salary Slips & Bank Statements, Form 16
Appointment Letter from Current Employer
Driving License, Passport, Aadhaar Card, Utility Bill
N/A
Driver’s Licence, Passport, PAN Card, Aadhaar card
Filled Loan Application Form, Passport Size Coloured Photograph
Last 6 Months’ Bank Statements, ITR for Last 2 Years
Copy of Tax Registration, Shop Establishment Proof, Company^’s Registration Certificate
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Our personal loan interest rates in Panipat are competitive. However, you must know other charges related to the loan. Here is a look at the fees and charges 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 |
We offer our customers the option of applying for a personal loan online or in-person (offline). To apply for a Personal Loan Panipat, visit our official website, our nearest branch, or DSA in Panipat
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
