Instant Loan Amount
You can get loans from Rs 50,000 to 5 Lakh at competitive rates of interest.
Facing an unexpected expense? Receive instant relief with an urgent loan online from Hero FinCorp. Apply for emergency funds in minutes with minimal documentation, quick approval, and flexible EMIs that won’t strain your budget.
Life is not always predictable, and sometimes, there is no way to prepare for an unexpected situation requiring immediate action. In case of an emergency, quick access to funds can relieve the strain. Hero FinCorp has made its urgent financial services to address immediate needs through emergency personal loans of up to Rs 5 Lakh. You can apply online and receive an approval in as little as 10 minutes. The personal loan interest rate is as low as 1.58% per month. With minimal documentation, flexible repayment options, and no collateral required, Hero FinCorp gives you additional confidence as a RBI-licensed NBFC so you can borrow quickly, safely, transparently and have a stress-free borrowing experience.
Worried about EMI amount when applying online? Get the loan you need with competitive personal loan interest rates at Hero FinCorp. EMIs are designed to suit your eligibility and repayment capacity, and the final amount depends on your loan, interest rate, and tenure. For example, a Rs 3 Lakh loan at 19% p.a. would have EMIs varying with different repayment periods.
Loan Amount | Tenure (in Months) | Interest Rate (per annum) | Monthly EMI | Total Interest | Total Amount Payable |
---|---|---|---|---|---|
Rs 5,00,000 | 12 | 19% | Rs 46,078 | Rs 52,936 | Rs 5,52,936 |
Rs 5,00,000 | 18 | 19% | Rs 32,142 | Rs 78,556 | Rs 5,78,556 |
Rs 5,00,000 | 24 | 19% | Rs 25,204 | Rs 1,04,896 | Rs 6,04,896 |
Rs 5,00,000 | 30 | 19% | Rs 21,066 | Rs 1,31,980 | Rs 6,31,980 |
Rs 5,00,000 | 36 | 19% | Rs 18,328 | Rs 1,59,808 | Rs 6,59,808 |
Do you need an emergency loan from Hero FinCorp? Know the features and benefits before applying:
Criteria | Requirement |
---|---|
Age | Applicants should be between the ages of 21 and 58 at the time of applying. |
Citizenship | Indian citizenship |
Work Experience | If you're salaried, you should have at least 1 year of experience with at least 6 months in the current company. Self-employed should have a work experience of at least 2 years. |
Monthly Income | To be eligible for a Personal Loan, you need to have a minimum monthly income of Rs 15,000. |
It is simple and easy to get an emergency loan with no paperwork. The following are the documents required for both salaried applicants and self-employed applicants to complete your personal loan application instantly.
When you take an urgent personal loan online, it is important to understand the extra fees. Getting instant access to funds should not cost you too much. Hero FinCorp has a transparent personal loan fees and charge with no hidden fees:
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 |
Are you planning to get an emergency loan online with Hero FinCorp? Here is a step by step process to apply for an instant loan easily and quickly:
Visit the Hero FinCorp website or download a personal loan app.
Click on the instant personal loan tab and select "apply now".
Enter your mobile number. You will receive an OTP to register yourself.
Select the loan amount you want.
Complete KYC verification and check eligibility.
Click submit and complete your online loan application.
*Approval & Agreement: Loan approval is at Hero FinCorp's discretion. By applying, you agree to our Terms & Conditions, Privacy Policy, and Loan Agreement.
*Data Use: You consent to electronic processes and data use for loan assessment, as per our Privacy Policy.
*Security: Keep your account and device secure. Report our customer care for unauthorized activity immediately.
*Grievances: For concerns, refer to our Grievance Redressal Policy.
*EMI Payment: Refer to our T&Cs here*
*RBI Mandate: RBI requires transparent disclosures. Learn more from RBI.