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Apply for Quick Loan Online

Financial emergencies may arise anytime, exhausting your savings and disrupting your short- and long-term goals. In such situations, you need a quick support system that provides the necessary funds without you running from pillar to post. That is when quick loans come to the rescue. These are instant Personal Loans supporting 100% digital loan procedures. Without any collateral requirement, physical documentation, or branch visits, quick loan approval comes almost instantly, and you get the loan amount directly into your bank account within minutes.

You can trust Hero FinCorp for quick loan services without delay or hassle. Obtain a quick Personal Loan of up to Rs 5 Lakh and cover your urgent expenses without leaving your comfort zone. The best thing is that these are collateral-free loans with no end-use restrictions, allowing you to retain your assets and use the loan amount the way you want.

Features and Benefits of Quick Loan

As its name suggests, quick loan finance must have instant approval and fast disbursal facilities. They are specifically designed for people who need immediate funding. Let’s look at their most notable features and benefits.

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High Loan Amount

At Hero FinCorp, you can obtain a quick loan of up to Rs 5 Lakh and use it at your discretion. Whether you need urgent funds for medical treatment, weddings, home renovation, education, or travel, obtain quick loans online and get the required funding in minutes.

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Attractive Interest Rate

Instant availability of quick loans does not mean paying a higher interest rate for them. Our interest rates are reasonable based on your credibility, income, DTI ratio, repayment capacity, employment, work experience, and other data-based factors.

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Collateral-Free

Instant loans at Hero FinCorp are 100% collateral-free. That means you don't need to pledge any asset as collateral or provide a security or guarantor against the loan to obtain it. We determine your eligibility based on income, work experience, credit score, financial obligations, etc.

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Flexible Repayment Tenure

At Hero FinCorp, you can repay your quick loan finance in easy EMIs over a term of up to 36 months. An EMI calculator helps select an appropriate loan term with EMIs suitable to your repayment capacity, allowing you to repay the loan without stressing your finances.

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Instant Approval

At Hero FinCorp, we support a 100% digital loan procedure devoid of any physical branch visits, collateral-related formalities, and paperwork in hard copies. Using our automated systems, we can verify your data and documents online within minutes and approve your loan instantly.

Documents Required for Quick Loan

When you urgently need funds, you don't have time to visit the branch office and submit hefty paperwork. At Hero FinCorp, we streamline your loan process by accepting scanned copies of the required documents uploaded through our website or app. Based on whether you are a salaried or a self-employed individual, provide us with the relevant documents and get approval within minutes. Here’s a look at the documents you must provide:

Documents Required Salaried Employee

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Mandatory Documents

Duly filled loan application form Passport-sized photograph (coloured)

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Identity Proof

Driving licence, passport, PAN card, or Aadhaar card

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Address Proof

Driving licence, passport, Aadhaar card, ration card, or utility bill

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Ownership Proof

Residence ownership proof, like electricity bills, maintenance bills, or property documents

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Income Proof

Last six months' salary slips, the previous six months' salary account statement, and Form 16 Job continuity proof, like an appointment letter from the current employer or experience

Documents Required Self-Employed Individuals

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Mandatory Documents

Duly filled loan application form Passport-sized photograph (coloured)

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Identity Proof

Driving licence, passport, PAN card, or Aadhaar card

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Address Proof

Driving licence, passport, Aadhaar card, ration card, or utility bill Office address proof, like maintenance bills, utility bills, property documents, or rent agreement

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Ownership Proof

Business existence proof, like a copy of tax registration, shop establishment proof, or company registration certificate

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Income Proof

Last six months' bank statements and ITR for the previous two consecutive years

Eligibility Criteria for Quick Loan

At Hero FinCorp, we strive to make quick loans available to all whenever they face financial emergencies. So, we have kept our eligibility criteria extremely easy to fulfil for everyone. Use our eligibility calculator to see if you qualify and how much you can borrow. We consider the following factors while determining your quick loan eligibility.

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Age

You must be 21 to 58 years of age to qualify for a quick loan at Hero FinCorp.

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Citizenship

At Hero FinCorp, we give quick loan approval to resident Indian citizens only.

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Work Experience

You should be in the current business for at least 2 years & if you are a salaried individual you should be employed for at least 6 months.

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Monthly Salary

You must earn a monthly salary of at least Rs 15,000 to obtain quick loan finance at Hero FinCorp.

How to Download & Install Hero FinCorp Quick Loan App

Hero FinCorp quick loan app is a reliable name for making funds available in minutes. Follow these steps to download and install the app:

  • 1

    Visit the app store compatible with your device, whether it is Google Play Store or Apple App Store.

  • 2

    Search for the Hero FinCorp Personal Loan App.

  • 3

    Check its reviews and ratings to ensure authenticity.

  • 4

    Click on the 'Install' button.

  • 5

    Wait for the installation to complete.

  • 6

    Once installed, open the app on your device.

  • 7

    Create a new account or log in using your existing account.

  • 8

    Start using the app and apply for a loan by following the on-screen instructions.

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Apply for Quick Loan within 5 Minutes

Follow these steps to avail of a quick loan using the Hero FinCorp Personal Loan app:

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  • 1

    Click on the 'Apply Now' button.

  • 2

    Enter your mobile number and verify the OTP sent to the entered mobile number.

  • 3

    Choose the loan amount that you need.

  • 4

    Verify your KYC details data to check income eligibility.

  • 5

    Click on 'Submit' to complete your application.

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Reasons to Opt for a Quick Loan

The best thing is that quick loans do not come with any end-use restrictions, allowing you to use them for any purpose you want. You may opt for quick loan services for a variety of reasons, including the following:

 

  • Last-minute wedding expenses
     
  • Medical emergency
     
  • A spontaneous vacation
     
  • Urgent study-abroad programme
     
  • Necessary home repair
     
  • Debt consolidation
     
  • Making a big-ticket purchase before the deal ends

Frequently Asked Questions (FAQs)

Quick loans are instant Personal Loans you can obtain in minutes to cover your urgent expenses.
A quick loan is an instant Personal Loan that does not come with any end-use restrictions. Moreover, it is collateral-free, and you can obtain it completely online. If you are eligible and provide the necessary documents, you get approved instantly and disbursal within a few hours. Cover the expense with the funds and repay in easy EMIs spread across a loan term of up to 36 months.
These are the requirements to qualify for a quick loan at Hero FinCorp: Age between 21 to 58 years Minimum monthly income of Rs 15,000 Sufficient work experience High credit score and low DTI ratio Documents, including your identity, income, and address proofs
Consider your loan requirement and repayment capacity before applying for a quick loan. Avoid over-borrowing and ensure you can repay it on time to avoid any financial stress later.
Yes, but you must have a good income and a low DTI ratio to build trust and convince us of your repayment capacity.
The repayment process of quick loans takes place in equated monthly installments. Based on your loan amount, interest rate, and repayment tenure, divide your total loan cost into the number of EMIs in your loan tenure and repay on time to build your credit score.