Apply for loan on HIPL app available on Google Playstore and App Store Download Now

H.Ai Bot Logo
H.Ai Bot
Powered by GPT-4
Terms of Service

I have read through the Terms of Service for use of Digital Platforms as provided above by HFCL and I provide my express consent and agree to the Terms of Service for use of Digital Platform.

home loan Related Blogs

Page_125_blog_2_मकन_बनन_क_लए_लन-_जनय_इस_लन_क_तरक.png
मकान बनाने के लिए लोन- जानिये इसे लेने का तरीका
27 Dec, 2022
Page_135_blog_3_Buying_a_house_Here_are_tips_to_reduce_your_home_Loan_Interest_Rates.png
Buying a house Here are tips to reduce your home Loan Interest Rates
11 Oct, 2022
Page_228_blog_0_Home_Remodelling_Financing_Here_Are_the_4_Best_Options.png
Home Remodelling Financing Here Are the 4 Best Options
18 Feb, 2021
Page_239_blog_1_Is_Mind-Set_the_Only_Thing_Stopping_Millennials_From_Owning_Homes.png
Is Mind-Set the Only Thing Stopping Millennials From Owning Homes
30 Nov, 2020
Page_240_blog_2_Tips_To_Increase_Your_Home_Loan_Eligibility.png
Tips To Increase Your Home Loan Eligibility
24 Nov, 2020
Page_242_blog_5_What_Could_Be_the_Top_7_Reasons_Behind_Home_Loan_Rejection_First_Time_Loan_Takers_Should_be_Aware_of.png
What Could Be the Top 7 Reasons Behind Home Loan Rejection First Time Loan Takers Should be Aware of
02 Nov, 2020
Page_264_blog_1_Differences_Between_Land_Loans_And_Home_Loans.png
Differences Between Land Loans And Home Loans
16 Feb, 2020
View All

Frequently Asked Questions (FAQs)

Personal loans are short-term unsecured loans that are disbursed quickly, to meet all your immediate /exigencies Requirement.
Hero FinCorp offers Personal Loans ranging from Rs 50,000 to Rs 5 Lakh, with the approved loan amount depending on your eligibility.
The eligibility criteria are pretty simple. You have to be 21-58 years of age, and have a valid Aadhaar and PAN card. For salaried persons, the minimum income required is Rs 15,000 and they should have been in current employment for at least 6 months. Self-employed individuals and professionals must have been operating in their current business for at least two years.
Personal loans are disbursed within a few minutes as soon as you submit all the required documents.
Valid PAN card and income proof are the KYC documents required.
Our evaluation process is very fast and we share status through SMS and Email. You can always contact our customer care team to check the status of your personal loan by quoting your Application No. or Mobile No. mentioned in the application.
There is no tax exemption on personal loans in India.
For closing/foreclosing your personal loan, contact us with all your documents like ID/address proof, EMI payment document etc. We will verify all your documents and issue a No Objection Certificate, stating that there is no outstanding balance that is pending. For any assistance, please contact our customer care team.
Some common reasons for personal loan rejection are a low credit score, incomplete details in the application form, job instability or too many existing loans. To avoid personal loan rejection, it is always advisable to discuss your case with the lender before applying for a loan.
Personal Loan tenures are flexible, with options available for up to 36 months, allowing you to choose a repayment period that suits your financial needs.