Know About Hero FinCorp's Digital Partner

Hero Fincorp Ltd. offers Term Loan (“Unsecured Personal Loan”) through Paisabazaar Marketing and Consulting Private Limited on Paisabazaar’s platform. Hero Fincorp Ltd. has onboarded Paisabazaar to act as a sourcing partner and for availing the lead generation services through their platform. However, approval of the above-mentioned term loan/facility is solely at Hero Fincorp Ltd.’s discretion. To know more or apply for the same, please visit the https://www.paisabazaar.com/

Please click here to know the list of collection agents appointed by Hero Fincorp Ltd. under "Collection Services" arrangement.

Product Features

For Whom:

Salaried Individuals

Self Employed Individuals

Purpose:

Wedding / Event

Medical Emergency

Home Renovation

Travel

Business Requirement

Repayment of another loan

Education

Personal Use

Other Key Features:

Collateral free loan facility with EMI feature

Paperless Journey

Easy and automated repayments

10 Days Cooling off Period

Loan amount upto Rs. 5,00,000/-

Disbursement directly to customer’s bank account

Flexible Tenure Options

Easy & Quick disbursement process

Benefits:

Simplified digital documentation

Completely on digital platform real time* approval and disbursement

NIL Pre-closure / Cancellation charges if closed within cooling period

Convenient and easy end to end process

Charges:

To know the Schedule of Charges Please Click Here

Processing Fee – 2.3% to 3% excluding GST (2.7% to 3.5% including GST)
Bounce Charges - Rs. 350
Foreclosure Charges: (5% of Principal outstanding) + GST
Or
If Loan is closed within 6 months from the date of disbursement, then (interest on loan amount for 6 months + foreclosure charges)
Additional/Penal Charges - 3% p.m. of overdue EMI (36% p.a. of overdue EMI) pro-rated for the number of days of overdue