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Personal Loan in Udaipur

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Loan up to ₹5 Lakh
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Minimum Salary Required ₹15K
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Instant Approval
Personal Loan EMI Calculator

Monthly EMI

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Interest Payable

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Get Personal Loan in Udaipur With Quick Approval

Udaipur is Rajasthan's one of the most popular tourist destinations. Marked by its lavish palaces, artificial lakes, and lush green gardens, Udaipur stands out as a romantic destination globally, attracting travellers from around the world. In addition to tourism, the city's economy is fuelled by industries such as marble processing, minerals, and handicrafts. This opens up growth opportunities for entrepreneurs, as well as salaried individuals, and the demand for personal loans in Udaipur. If you are looking for the best personal loan providers in Udaipur, approach Hero FinCorp.

Features And Benefits of Hero Fincorp Personal Loan Udaipur

In addition to the simplified application process, applying for a instant personal loan online with Hero FinCorp comes with several advantages such as:

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High Loan Amount:

Is the cost of your child's education a cause of concern? Or are you postponing your vacation till next year owing to financial constraints? If yes, then Hero FinCorp’s personal loan with loan amounts up to Rs 5 lakh can help.

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Instant Approval:

Since we offer unsecured personal loans in Udaipur, the time taken to verify your details and documents is reduced. With us, you can get instant loan approval within 5 minutes of submitting your application.

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Unsecured Loan:

Putting your assets on the line to get funds is not always a good idea. At Hero FinCorp, you just need to show your repayment potential through your income proof and credit history to get instant personal loan approval.

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Multi-purpose Loan:

Hero FinCorp's personal loan in Udaipur can be utilised for any purpose. We do not interfere in how the funds should be used. It is entirely up to you to use it to fund your child's education abroad, pay for your wedding expenses, deal with high-cost medical bills, or for any other purposes.

Eligibility Criteria for Instant Personal Loan in Udaipur

CriteriaRequirement
AgeApplicants should be within the age bracket of 21 years and 58 years.
CitizenshipApplicants must be Indian citizens.
Work ExperienceAs a salaried individual, you must have at least six months of job experience. As a self-employed professional or non-professional, you must have at least two years of business experience.
Monthly IncomeTo qualify for Hero FinCorp’s personal loan in Udaipur , your minimum monthly earning should not be less than Rs 15,000.

Documents Required to Apply for a Personal Loan in Udaipur

When you apply for a Personal Loan in Udaipur, you must provide several documents to prove your identity, residence, income, and repayment capacity. Although identity and address proofs like PAN cards and Aadhaar cards are standard for all applicants, the income proof requirements may vary according to your income type and regularity. Salaried employees get a fixed salary each month on a specified date. However, the income of self-employed professionals fluctuates each month. Therefore, let’s look at the documentation requirements for both types of borrowers to stay prepared adequately.

Documents Required For Self Employee

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Proof Of Photo Identity


Driver’s Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Income

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

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

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Proof of Business Existence

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

Documents Required For Salaried Employed

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

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Job Continuity Proof

Appointment Letter From the Current Employer

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Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

Interest Rates on Personal Loan in Udaipur

The Personal Loan interest rate in Udaipur at Hero FinCorp is amongst the best. However, you must know other fees and charges you might need to pay. This information will help you stay prepared and arrange the finances adequately. Some of the charges involved include the following:

Fees & ChargesAmount Chargeable
Interest RateStarting from 19% p.a.
Loan Processing ChargesMinimum 2.5%+ GST
Prepayment ChargesN.A.
Foreclosure Charges5% + GST
EMI Bounce ChargesRs 350/-
Interest on Overdue EMIs1-2% of the loan/EMI Overdue Amount Per Month
Cheque BounceFixed Nominal Penalty
Loan Cancellation1. Online loan app does not charge any cancellation charges
2. Interest amount paid is non-refundable
3. Processing charges are also non-refundable

How To Apply For a Personal Loan in Udaipur?

To ensure that your personal loan application process is as smooth as possible, you must familiarise yourself with the steps outlined below.

ONLINE METHOD

  • 01

    To initiate the application process, click here.

  • 02

    Following the above steps, tap on the “Submit" button.

  • 03

    Upload the relevant KYC documents if required

  • 04

    Once you submit your details, one of our executives will call you for more information that is required for the application processing.

  • 05

    Once we validate your documents, the funds will be disbursed shortly to your account.

What Our Clients Say About Us

It's a great appreciation for obtaining the best personal loan with the fewest papers necessary and promptly disbursing loan ...funds. I truly appreciate your assistance. Simple procedure and a user-friendly interface. There are no problems, inquiries or anything else as long as you pay.

Savi Gupta, Bangalore

Herofincorp has great funds for various purposes. I got the best personal loan offer compared to interest rates, terms, and fees for ...my best financial situation. Thanks for your assistance.

Rashi Kohli, New Delhi

It is a simple procedure. For financial emergencies, it is the best option. Thanks for their assistance. Adaptable and well-balanced. You can acquire an immediate loan transfer with Hero FinCorp.

Lalji Soni, Chennai

Processing is quick, and had great experiences with this personal loan application and service. I appreciate customer support's gentle communication in helping the process go more smoothly. interest rates provided on the personal loan is the lowest in market. Overall experience good. I'm grateful.

Raj Chaudhary, Mumbai

I have been looking for a platform that allows me to borrow money quickly, it is convenient, safe and reliable to borrow money on this practical and reliable platform.

Kadam Kailash, Gurgaon

Frequently Asked Questions (FAQs)

With Hero FinCorp, you can acquire a loan of up to Rs 5 lakh. However, when determining the maximum loan amount, few of the factors that are taken into consideration are: Borrower's age and income Credit history Occupation status Employer's credibility Existing debts
No, obtaining a personal loan from Hero FinCorp is not difficult thanks to our simplified qualifying criteria and simple documentation process. To apply with us, you may either fill out and submit an application online on our official website, or you can visit our branch or any outlet and submit your application in person. Following the successful verification of your details, you will receive quick personal loan approval within 5 minutes.
When applying for our personal loan in Udaipur, you would need the following documents: Identity Proof Address proof Proof of income Proof of business (for self-employed individuals) Depending on your profile, we may request additional documents.
Hero FinCorp provides instant personal loan approval if you meet our qualifying criteria. However, the time taken to process personal loan funds to your account depends on the details and documents provided by you.