Personal Loan for Doctors
Doctors can get Personal Loan finance in Coimbatore with unsecured funds of up to Rs 5 Lakh.
Personal Loan EMI Calculator
Get a Personal Loan for Vehicle Up to 5 Lakh
Ready to hit the road in your dream car or bike? Say goodbye to transportation hassles and hello to freedom with our tailored personal vehicle loan solutions. Whether you're eyeing a sleek sedan, a rugged SUV, or a powerful motorcycle, Hero FinCorp has got you covered.
Our hassle-free application process and competitive interest rates make acquiring your dream vehicle easier than ever. With flexible repayment options and personalised support from our team, you can cruise towards ownership with confidence!
Say goodbye to waiting endlessly for public transportation or relying on favours for rides. With our personalised vehicle loans, you can step into the driver's seat of your desired vehicle sooner than you think. Don't let financial constraints hold you back from exploring new horizons – open the doors to your dream ride today!
We Offer a Wide Range of Personal Loans!
Personal Loan for Travel
Apply now for a Personal Loan for travel at Hero FinCorp and put all your financial worries to rest.
Personal Loan for Wedding
Plan your dream wedding with the help of a Hero FinCorp instant cash loan in Coimbatore.
Personal Loan for Home Renovation
A Hero FinCorp Personal Loan is the easiest way to pay for home renovation costs, including repairs, interiors or home expansion.
Personal Loan for Self-Employed
Get instant approval on Hero FinCorp Personal Loan in Coimbatore with 100% digital application and instant approval process.
Personal Loan for Women
Female borrowers can enjoy a 100% paperless application procedure for quick disbursal with Hero FinCorp instant Personal Loan in Coimbatore.
Personal Loan for Government Employees
Those employed in the government sector can transform their financial situation with Personal Loan finance in Coimbatore at low-interest rates from Hero FinCorp.
Personal Loan for Education
Unlock your higher education dreams with our urgent cash loans in Coimbatore with reasonable interest rates.
Features and Benefits of Personal Loan for Vehicle
Personal Loans for vehicles come with numerous features and benefits at Hero FinCorp. These loans have an accessible and flexible way to avail offers that meet your needs.
Adequate Loan Amount
We offer flexible loans from Rs 50,000 to Rs 5 lakhs, helping you choose your ideal vehicle.
Attractive Interest Rate
With a healthy credit score, qualify for low-interest rates up to 30%, making your dream car affordable.
Collateral Free
Personal loans require no collateral, offering quick access to funds without risking your assets.
Flexible Repayment Tenure
Choose flexible repayment terms from 12 to 36 months, tailored to your financial situation.
Instant Approval
Get instant approval, paperless documentation, and quick processing by applying for a loan.
Eligibility Criteria for Personal Loan for Vehicle
To secure a Personal Loan for govt vehicles, you must meet some requirements:
Citizenship
It is mandatory to be a citizen of India to apply for this loan.
Age Requirement
If you are aged between 21 to 58, you are eligible for the loan amount.
Work Experience
You should have at least six months experience in your current job.
Monthly Salary
The minimum monthly income required is Rs 15,000.
Documents Required for a Personal Loan for Vehicle
It is essential to submit the required documents to avail of a loan for the vehicle. Salaried and self-employed have different requirements. Here is the list of documents required for personal loan:
Documents Required For Salaried Employee
Proof Of Photo Identity
Driver’s Licence, Passport, PAN Card, Aadhaar card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
6 Months’ Salary Slips & Bank Statements, Form 16
Job Continuity Proof
Appointment Letter from Current Employer
Proof of Residence
Driving License, Passport, Aadhaar Card, Utility Bill
Additional Documents (Self-Employed Only)
N/A
Documents Required For Self Employed
Proof Of Photo Identity
Driving License, Passport, PAN Card, Aadhaar Card
Mandatory Documents
Loan Application Form, Passport Size Photo
Proof of Income
Last 6 Months Bank Statements, ITR for Last 2 Years
Job Continuity Proof
N/A
Proof of Residence
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Additional Documents (Self-Employed Only)
Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate
Interest Rates and Charges on Personal Loan for Vehicle
When considering a Personal Loan for your vehicle purchase, it is important to understand the interest rates and associated charges. Competitive interest rates for personal loan ensure affordability and minimise the cost of borrowing, while transparent charges provide clarity and prevent unexpected expenses. With the correct loan terms, you can drive away with your dream vehicle while keeping your finances on track.
Enjoy the freedom to choose repayment terms that meet your needs, whether you choose shorter loan maturities with larger monthly payments or longer terms with fewer monthly obligations. We aim to help you understand the loan procedure easily while maximising affordability and convenience.
How to Apply for a Personal Loan for Vehicle?
Applying for a Personal Loan has become easy because of digital initiatives and user-friendly interfaces. By quickly completing the application process, you can gain access to funds instantly.
- 1
Visit the Hero FinCorp website or install the Personal Loan app
- 2
Go to the Personal Loan page and click ‘Apply Now’
- 3
Enter your mobile number and verify with the OTP received
- 4
Choose the loan amount you need
- 5
Verify your KYC details to check income eligibility
- 6
Click ‘Submit’ to complete your application
Frequently Asked Questions (FAQs)
Yes, you can use a Personal Loan for a car. It gives you access to higher funds and lets you purchase your dream car without budget constraints.
The EMI for a 5 lakh Personal Loan depends on the interest rate and loan repayment tenure. Our online personal loan EMI calculator can provide accurate EMI results based on your input.
To obtain a Personal Loan for a vehicle, you must be
- Between the age of 21-58
- Salaried or self-employed
- An Indian resident
- Must earn Rs 15,000 per month (salaried)
- Must have six months of experience (salaried) or two years of business experience (self-employed)
The interest rate can reach 30%. Your credit score and other financial habits affect the interest rate.
You may have to pay high penalty charges or other defaulter punishment as per the lender’s rules and regulations.
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