Instant Loan Amount
You can get loans ranging from Rs 50,000 to 5 Lakh at competitive interest rates.
Emergency Loan
Need money urgently? Get quick help with an Urgent Personal Loan online. Apply online with transparent terms and get quick decision-making on your application.
No Hidden Charges
Minimum Salary Required: Rs 15,000 Per Month
Zero Loan Cancellation Fee
Calculate Personal Loan EMI
Get an Emergency Personal Loan Up to Rs 5 Lakh
Hero FinCorp is one of India's fastest emergency Personal Loan providers, offering approvals in under 10 minutes through its website and mobile app. As an RBI-licensed NBFC, it provides emergency loans of up to ₹5 lakh with no collateral, minimal documentation, and funds credited directly to your bank account after approval.
The Hero FinCorp loan app available on Google Play Store and Apple App Store - lets you apply, complete KYC, and receive funds without visiting a branch. Interest rates start from 18% p.a., with flexible repayment tenures of 12 to 36 months to suit your repayment capacity.
EMI for Emergency Personal Loan for Tenures of 3 Years
Worried about the EMI amount when applying online? We offer competitive interest rates to make repayment easier. Your EMIs are determined by your eligibility and repayment capacity, based on the loan amount, interest rate, and tenure. The table below provides an illustrative example of potential EMIs, and is not a final offer.
| Loan Amount | Tenure (in Months) | Interest Rate (per annum) | Monthly EMI | Total Interest | Total Amount Payable |
|---|---|---|---|---|---|
| Rs 5,00,000 | 12 | 18% | Rs 46,078 | Rs 52,936 | Rs 5,52,936 |
| Rs 5,00,000 | 18 | 18% | Rs 32,142 | Rs 78,556 | Rs 5,78,556 |
| Rs 5,00,000 | 24 | 18% | Rs 25,204 | Rs 1,04,896 | Rs 6,04,896 |
| Rs 5,00,000 | 30 | 18% | Rs 21,066 | Rs 1,31,980 | Rs 6,31,980 |
| Rs 5,00,000 | 36 | 18% | Rs 18,328 | Rs 1,59,808 | Rs 6,59,808 |
Features and Benefits
Hero FinCorp provides emergency Personal Loans with same-session approval typically within 10 minutes of submitting your application online or through the app. Here is what makes it a practical option for urgent cash needs:
Attractive Interest Rate
Loan interest rates start from 18% p.a.
Collateral-Free
You don't need to provide any security or collateral to obtain an emergency loan.
Flexible Repayment Tenure
You can choose a loan repayment tenure of up to 36 months.
Instant Approval
You can get instant approval when you apply on the website or loan app.
Eligibility Criteria For Urgent Loan Required
If you need loan urgently, check if you meet these eligibility criteria for an urgent personal loan:| Criteria | Requirement |
|---|---|
| Age | You should be between 21 and 58 years at the time of applying. |
| Citizenship | You should be a citizen of India. |
| Work Experience | 1. Salaried Employee: You should have at least 1 year of experience with at least 6 months in the current company. 2. Self-employed: You should have a business vintage of at least 2 years. |
| Monthly Income | You should have a minimum net monthly income of Rs 15,000. |
| Credit Score | A healthy CIBIL Score, typically 725 or above, is preferred for faster processing. |
Documents Required
The following documents are required for both salaried and self-employed applicants to complete their loan application instantly.
- Aadhar Card
- Pan Card
Interest Rate & Charges
When taking an urgent loan online, it’s important to know about additional charges. Getting instant funds shouldn’t cost more. Our loans come with transparent fees with no hidden costs.
| Fees & Charges | Amount Chargeable |
|---|---|
| Interest Rate | Starting from 18% p.a. |
| Loan Processing Charges | Minimum 2.5% + GST (As per RBI guidelines, this is capped at a reasonable amount.) |
| Prepayment Charges | 0% for loans fully serviced for over 12 months (as per NBFC norms). |
| Foreclosure Charges | 5% + GST |
| EMI Bounce Charges | Rs. 350/- (Subject to change) |
| Loan Cancellation | 1. Cancellation Fee is Zero if cancelled within the stipulated cooling-off period and before disbursement. 2. The interest amount paid is non-refundable. 3. Processing charges are also non-refundable & non-adjustable. |
How to Apply for a Personal Loan for Emergency Online?
To get an emergency loan quickly from Hero FinCorp, the entire process is online and takes under 10 minutes. No branch visit is required. Follow these steps:
Before you begin, ensure you meet the basic criteria: Indian citizen aged 21–58, minimum monthly income of ₹15,000, and a CIBIL score of 725 or above for faster processing. Keep your Aadhaar Card and PAN Card ready.
- 1
Visit our website.
- 2
Click on the Instant Personal Loan tab and select "apply now".
- 3
Enter your mobile number. You will receive an OTP to register yourself.
- 4
Select the loan amount you want.
- 5
Complete KYC verification and check eligibility.
- 6
Click submit and complete your online loan application.
Purpose of Taking an Emergency Personal Loan
An emergency Personal Loan provides quick funds when urgent money is required. Whether it's for medical expenses, an unexpected repair, or other emergency expenses, We can help you to get quick access to funds within a matter of minutes.
Common reasons to take out a loan for emergency needs include:
- Covering sudden hospital or medical expenses.
- Emergency repairs to your home or car.
- Meeting immediate rent, bills, or school fees when short of cash.
- Unexpected travel or family emergencies.
- Unplanned personal or family events.
- Funding emergency business requirements.
- Clearing high-interest credit card dues to consolidate debt.
How to Download an Emergency Loan App?
The Hero FinCorp loan app is available 24/7 on Android and iOS, allowing borrowers to apply for an emergency loan, complete KYC verification, and receive funds without visiting a branch. The app supports the full loan lifecycle from application to disbursement entirely on your mobile device. Here is how to download and set it up:
- 1
Go to Google Play Store (for Android), or Apple App Store (for iOS) on your device.
- 2
Search for “Hero FinCorp” using the search bar.
- 3
Find the official loan app in the app store when you search.
- 4
Click "Install" and download.
- 5
Click on the app icon and give the necessary permissions.
- 6
Sign up and log in.
- 7
Set up your profile to explore instant loan options.
Blogs
Frequently Asked Questions
An emergency loan from Hero FinCorp is an unsecured Personal Loan sanctioned within 10 minutes of applying online or through the app. It offers loan amounts from ₹50,000 to ₹5 lakh, with interest rates starting from 18% p.a. and a flexible repayment term of 12 to 36 months. No collateral is required.
An emergency loan from Hero FinCorp can be used for a wide range of urgent expenses, including:
- Hospital bills, doctor consultations, medicines, and healthcare costs
- Emergency home or vehicle repairs
- Immediate rent, utility bills, or school fee payments
- Unplanned travel or family emergencies
- Urgent business requirements
- Clearing high-interest credit card dues
You can calculate your emergency loan EMI in two ways:
- Using the formula: EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P = loan principal, R = monthly interest rate, and N = number of monthly instalments.
- Using the online EMI Calculator: Visit Hero FinCorp's website, enter your loan amount, interest rate, and repayment tenure to get an instant EMI estimate.
Both methods require only three inputs: loan amount, interest rate, and tenure.
A: Indian citizens aged 21 to 58 years with a minimum monthly income of ₹15,000 can apply. Additional criteria include:
- Salaried: Minimum 1 year of total work experience, with at least 6 months at the current employer
- Self-employed: Business vintage of at least 2 years
- Credit score: A CIBIL score of 725 or above is preferred for faster processing
Eligible applicants can receive loan approval in under 10 minutes when applying online or through the Hero FinCorp app. After approval, funds are credited directly to your bank account. The speed of disbursement may vary based on bank processing times.
Hero FinCorp requires minimal documentation to process an emergency loan:
- Aadhaar Card (for identity and address verification)
- PAN Card (for KYC and credit check)
These are the only documents required for both salaried and self-employed applicants. Having them ready before you apply will speed up the process.
You can borrow a Personal Loan for emergencies ranging from Rs 50,000 to 5 Lakh online at Hero FinCorp.
Yes. The Hero FinCorp Digital Lending & UPI app is available on the Google Play Store (Android) and Apple App Store (iOS). It allows you to apply for an emergency loan, complete KYC verification, choose your loan amount and EMI plan, and receive funds directly in your bank account all without visiting a branch.
Disclaimer
*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.