Festivals on the Way: Hero FinCorp’s Personal Loans to Make Your Celebrations Enjoyable
If you plan to celebrate the festivals without worrying about finances, consider taking a Personal Loan from Hero FinCorp. You can take out up to Rs 5 Lakh online.
A Personal Loan gives you sufficient cash to celebrate the occasion with family and friends, travel abroad or buy the latest gadgets. Use the money to buy gold on Dhanteras or renovate the house before Diwali. Here is how it helps.
About Hero FinCorp Personal Loan
Hero FinCorp is a NBFC in India, offering different credit products since 1996. An unsecured Personal Loan is one of the most popular loan options that tackles emergencies or meets aspirations without collateral. It is an excellent way to cover various expenses during the festive season. Whether you plan for a family vacation, home renovation, or a big-ticket expense during these months, the Hero FinCorp quick loan app offers instant loans at affordable interest rates. Choose repayment tenure of up to 36 months and repay the loan without stretching your budget.
Benefits of Borrowing a Personal Loan from Hero FinCorp During the Festive Season
Here are the benefits of borrowing a Personal Loan from Hero FinCorp during the festive season:
● Quick Funding Access: A Hero FinCorp Personal Loan provides funds immediately, making it ideal for planning last-minute festivities. The NBFC has a seamless application process. Complete it online without hassle and enjoy quick approval.
● No Collateral Requirement: Personal Loans from Hero FinCorp are unsecured. You don’t need to provide any collateral, guarantor, or security against them.
● Easy Repayment: Flexible EMI options and a tenure of up to 36 months let you repay the loan without compromising your other goals. Easy EMIs do not burden your finances.
● Affordable Interest Rates: The interest rate is one of the most crucial factors to consider when applying for a 5 Lakh loan. With Hero FinCorp, you can get an affordable monthly interest rate starting at 1.58%.
Eligibility Criteria
Before applying for a loan through the Hero FinCorp quick loan app, meet the following eligibility requirements:
• Age: 21 to 58 years
• Citizenship: Indians only
• Occupation: Salaried or self-employed
• Work Experience: Six months for salaried and two years for self-employed
• Monthly Income: Minimum Rs 15,000 per month
Besides these, a good credit score and low debt-to-income (DTI) ratio are also important.
Documents Required for a Hero FinCorp Personal Loan
The documentation requirements vary for salaried and self-employed applicants. Prepare the following documents according to your occupation:
• Duly filled application form
• Coloured passport-sized photograph
• Identity proof: Driving license, passport, PAN card, Aadhaar card
• Address proof: Driving license, passport, Aadhaar card, ration card, utility bill
For salaried employees:
o Address proof, like maintenance bills, utility bills, property documents, or rent agreements
o Income proof, like the last six months' salary slips, the previous six months' salary account statement, Form 16 for salaried employees
o Job continuity proof, like an appointment letter from the current employer or an experience certificate from the previous employer.
For self-employed professionals:
o Residence ownership proof, like maintenance bills, electricity bills, or property documents
o Business existence proof, like shop establishment proof, a copy of tax registration, or a company registration certificate
o Income proof, like the last six months' bank statements and ITR for the previous two consecutive years
Steps to Apply for a Personal Loan at Hero FinCorp
Follow these steps to apply for a Personal Loan at the Hero FinCorp quick loan app:
• Install the loan app from the Play Store.
• Select a loan amount (up to Rs 5 lakh) and preferred EMI.
• Provide your basic details, such as name, income, purpose of the loan, and PAN card number.
• Complete the KYC process.
• Enter your bank account details.
• Receive real-time loan approval.
• Digitally sign the eMandate and loan agreement.
• The amount will be credited to your account.
As the festive season is about to begin, do not let a lack of finances dampen your spirits. Apply for up to Rs 5 Lakh loan at Hero FinCorp and enjoy the festivals with your loved ones. Whether you want to go on a vacation, renovate your house, or buy gifts for your friends and family, cover all expenses with a Personal Loan at attractive interest rates. Download the Hero FinCorp loan app now and follow the steps to apply online.
Disclaimer:The information provided in this blog post is intended for informational purposes only. The content is based on research and opinions available at the time of writing. While we strive to ensure accuracy, we do not claim to be exhaustive or definitive. Readers are advised to independently verify any details mentioned here, such as specifications, features, and availability, before making any decisions. Hero FinCorp does not take responsibility for any discrepancies, inaccuracies, or changes that may occur after the publication of this blog. The choice to rely on the information presented herein is at the reader's discretion, and we recommend consulting official sources and experts for the most up-to-date and accurate information about the featured products.
(No Hans India Journalist was involved in creation of this content)