Flexible Repayment Tenure
Depending on your financial capability, you can choose a repayment tenure of 12 to 36 months.
If wedding costs are exceeding your planned limit, a Personal Loan for a wedding from Hero FinCorp can help you manage this expense without the usual worries. Whether it’s upgrading your venue, improving catering services, hiring photographers, or dealing with last-minute fixes, our loan can help you make your wedding just as it was planned!
Hero FinCorp provides wedding loans of up to Rs 5 Lakh to salaried and self-employed individuals. The wedding loan process is simple, the documentation is minimal – you can get an approval decision in 10 minutes! You can get the required funding quickly and easily. Our interest rates are competitive, repayment tenures are flexible, and there is no need for collateral. Also, applying online is quick and easy. You can apply even with a monthly income of Rs 15,000 only.
So, why to take tension when you can get instant funds for last-minute expenses quickly in your account.
Before applying for a Personal Loan for wedding from Hero FinCorp, make sure to check out the features and benefits the loan offers.
Documentation is an integral part of the personal loan application process. The documents required for a personal loan at Hero FinCorp are minimal but may vary slightly for salaried and self-employed applicants. Here is the list of documents.
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Last 6 Months Salary Slips, Bank Statements, and Form 16
Duly filled application form, Passport-size photograph
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Last 6 Months Bank Statements and ITR for 2 Years
Every loan comes with some fees and charges, like interest rates and processing fees. At Hero FinCorp, the personal loan interest rate and other charges are nominal, which makes loan repayment manageable. Also, there are no hidden charges. Here are the details.
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 |
To get approval for a personal loan for wedding in 10 minutes, you should consider applying on the Hero FinCorp website or loan app. Here is a stepwise process to apply for a personal loan online.
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
Yes, a personal loan is an unsecured loan that is approved based on your creditworthiness, so you do not need to provide security or collateral.
*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.