Instant Loan Amount
You can apply for an instant loan of up to Rs 3 Lakh. You can easily get an instant loan of up to Rs 2.5 Lakh based on your edibility.
Personal Loan EMI Calculator
Get a ₹ 2.5 Lakhs Personal Loan Instantly
Are you in need of urgent funds? Look no further! With Hero FinCorp, applying for a Personal Loan of up to Rs 2.5 Lakh has never been easier. Whether you're dreaming of a vacation or need funds for any other personal expenses, we've got you covered. Our hassle-free application process ensures quick approvals and flexible repayment options tailored to your needs. Experience the convenience of managing your finances with us, where your aspirations meet our commitment to providing reliable and transparent financial solutions. Apply now for a Rs 2.5 Lakh Personal Loan with Hero FinCorp, and take the first step towards achieving your goals.
Why Opt for ₹ 2.5 Lakh Personal Loan?
Applying for a 2.5 Lakh Personal Loan can be very helpful for various reasons, such as a wedding, an unforeseen emergency, medical expenses, home renovation, higher education, and more. With Hero FinCorp, applicants do not need to pledge any collateral, making it easy to borrow for all. To apply, you need to meet the basic loan criteria, and we'll get back to you with a loan offer.
EMI for Personal Loan of ₹ 2.5 Lakh for upto 3 Years
Here's the table showing the monthly EMI amount for a Rs 2.5 Lakh Personal Loan for tenures ranging from 12 to 36 months, assuming an interest rate of 19%:
| Loan Amount (Rs) | Tenure (in Months) | Interest Rate* (%) | Monthly EMI (Rs) | Total Interest | Total Amount Payable |
| ₹ 2,50,000 | 12 | 19% | ₹ 23,039 | ₹ 26,470 | ₹ 2,76,470 |
| ₹ 2,50,000 | 18 | 19% | ₹ 16,071 | ₹ 39,276 | ₹ 2,89,276 |
| ₹ 2,50,000 | 24 | 19% | ₹ 12,602 | ₹ 52,452 | ₹ 3,02,452 |
| ₹ 2,50,000 | 30 | 19% | ₹ 10,533 | ₹ 65,996 | ₹ 3,15,996 |
| ₹ 2,50,000 | 36 | 19% | ₹ 9,164 | ₹ 79,904 | ₹ 3,29,904 |
Features and Benefits of Personal Loan of ₹ 2.5 Lakh
Here are the key features and benefits of a 2.5 Lakh Personal Loan from Hero FinCorp:
Attractive Interest Rate
You can access competitive interest rates up to 25% per annum, ensuring you can pay off your borrowed amount without much hassle.
Collateral-Free
You do not pledge a house or any assets. The amount is given to you based on your repayment capacity and income.
Flexible Repayment Tenure
You can choose a loan tenure from 6 months to 3 years, whichever suits your financial goals.
Instant Approval
We understand your urgency, so we have an instant approval process. You will be approved for your loan within 48 hours.
Eligibility Criteria of Personal Loan for ₹ 2.5 Lakh
At Hero FinCorp, we have certain requirements that you can easily meet to get a Personal Loan of up to Rs 2.5 Lakh. These requirements include:
Age
The applicant must be between 21 and 58 years old to be eligible for a Personal Loan of Rs 2.5 Lakh from Hero FinCorp.
Citizenship
To be eligible for a loan of up to Rs 2.5 Lakh from Hero FinCorp, it is necessary to be a resident Indian citizen.
Work Experience
To qualify for our loan, self-employed individuals should have at least two years of experience in their field, and salaried employees should have at least six months of work experience.
Monthly Income
To qualify for an urgent loan of Rs 2.5 Lakh, you should have a minimum monthly salary of at least Rs 15,000.
Documents Required of Personal Loan for ₹ 2.5 Lakh
At Hero FinCorp, we strive to offer our valued customers a seamless and hassle-free loan application process. The documentation required may vary as we cater to salaried and self-employed individuals. Here are the details:
Required Documents for Salaried
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One)
Ownership Proof (Optional for Salaried)
Residence Ownership Proof (Electricity Bill, Maintenance Bill, Property Document)
Income Proof
Last 6 Months’ Salary Slips, Bank Statements & Form 16
Required Documents for Self-Employed
Mandatory Documents
Duly filled application form, Passport-size photograph
Identity Proof
Driving License, Passport, PAN Card, Aadhaar Card (Any One)
Address Proof
Driving License, Passport, Aadhaar Card, Ration Card, Utility Bill (Any One), Office Address Proof (if applicable)
Ownership Proof (Optional for Salaried)
Business Existence Proof (Tax Registration, Shop Establishment Proof, Company Registration Certificate)
Income Proof
Last 6 Months Bank Statements & ITR for 2 Years
Personal Loan Interest Rates for ₹ 2.5 Lakhs
At Hero FinCorp, we know that unexpected expenses can come up anytime. That's why we offer Personal Loans up to Rs 2.5 Lakh with a hassle-free application process that reduces paperwork to a minimum. Furthermore, we pride ourselves on offering competitive interest rates that make repayment manageable.
How to Apply for a Personal Loan for ₹ 2.5 Lakhs?
Here are the steps to apply for a 2.5 Lakh loan at Hero FinCorp:
- 1
Visit the Hero FinCorp website or mobile app and click the 'Apply Now' button on the Personal Loan page.
- 2
Enter your mobile number in the designated field and click 'Submit' to receive an OTP on your mobile device.
- 3
Enter the OTP received on your mobile number into the verification field on the website or app to confirm your identity.
- 4
After verifying your mobile number, you will be redirected to a page where you can choose the loan amount. Select Rs 2.5 Lakh as the loan amount you require.
- 5
Proceed to verify your KYC details. It involves providing identification documents, such as an Aadhaar card, PAN card, or passport, along with address proof.
- 6
Provide relevant documents such as salary slips, bank statements, or income tax returns to confirm your income eligibility, as per Hero FinCorp's requirements.
- 7
Once all details and documents are verified and entered correctly, click the 'Submit' button to complete your loan application.
- 8
Once approved, the loan amount will be disbursed to your bank account.
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