High Loan Amount :
Why compromise on your necessities when the funds are available at your fingertips? Apply for a personal loan in Bangalore with Hero FinCorp and get quick approval for a loan of up to Rs 5 lakh.
PERSONAL LOAN IN BANGALORE
Personal Loan EMI Calculator
INTRODUCTION
The Silicon Valley of India, Bangalore is home to numerous IT professionals and IT-related businesses. The capital of Karnataka, Bangalore is famous for its technology-driven industries such as the aerospace, auto and food processing sectors. These thriving industries along with the presence of major educational institutions in the city attract smart minds from all over the country. Every year, many students and young professionals move their base to this South Indian city to build successful careers and businesses. And, moving cities cost money. No wonder, there is a high demand for personal loan providers in Bangalore. If you too are seeking a personal loan in Bangalore, then visit your nearest Hero FinCorp branch or outlet for a good deal.
FEATURES AND BENEFITS OF PERSONAL LOAN IN BANGALORE
Hero FinCorp personal loan in Bangalore not only helps you meet your personal expenses but also comes with a host of other benefits.
Minimal Paperwork :
Why carry a stack of papers when you can have your loan approved with just your KYC documents and proof of income? With a minimum of documents, you can get instant loan approval with Hero FinCorp.
Unsecured Loan:
Financial emergencies can strike at any time and having to arrange for collateral against funds at such times can be stressful. Understanding this, Hero FinCorp provides a collateral-free personal loan in Bangalore to help you deal with financial emergencies without stressing over the need for collateral.
Flexible Tenure:
Why mess with your budget when you can choose flexible repayment tenure with an EMI that fits your budget? When applying for our online personal loan in Bangalore, you can choose the repayment tenure of up to 36 months.
Eligibility Criteria for Personal Loan in Bangalore
When applying for this financing product, you will find that different personal loan providers in Bangalore have their own set of qualifying standards. If you wish to apply for a personal loan in Bangalore with Hero FinCorp, you must meet the following eligibility criteria.
Citizenship & Age:
You must be an Indian resident
You must be aged between 21 years and 58 years to apply.
Occupation Status:
Salaried, as well as self-employed individuals, are eligible to apply.
Work Experience:
A minimum of six months of job experience is mandatory for salaried employees.
A minimum of two years of business experience is mandatory for self-employed individuals.
Minimum Income:
You must earn Rs 15,000 or above per month.
Documents Required for Personal Loan in Bangalore
Making the loan application process easier for our customers, Hero FinCorp asks for minimum documentation when applying for a personal loan. Here’s the list of documents you would need to apply for a personal loan in Bangalore with Hero FinCorp:
How To Apply For a Personal Loan in Bangalore?
Different Personal Loan providers in Bangalore have different processes for loan applications and approval. If you are applying for a Personal Loan in Bengaluru with us, you can do it either online by visiting the website or by reaching out to customer care.
Online
- 1
Click here to fill the online application form
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Upload the softcopy of necessary documents
- 3
Following your submission, one of our representatives will contact you for any additional information needed to complete your loan application
- 4
Following the successful assessment of your profile, the funds will be credited to your account
Other Way
- 1
Connect with Hero FinCorp customer care at 1800-103-5271
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Share your requirements with them
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They will guide you for the application requirements
- 4
If you are eligible then you can avail a Personal Loan instantly
Frequently Asked Questions (FAQs)
Different personal loan providers in Bangalore consider different factors while evaluating your loan eligibility. At Hero FinCorp, we look at:
Your age and income
Employment status and stability
Credit history
Debt-to-income ratio
Applying for a Hero FinCorp personal loan online not only saves you time and effort but also provides you with a slew of other advantages such as:
You can apply at any hour of the day.
Simple documentation process with no physical submission.
Better assistance and comparison
Instant approval and fast processing.
Your personal loan interest rate is determined not only by your credit history but also by many other factors. If you are applying with us, keep the following points in mind to acquire a competitive interest rate.
Avoid switching your job or business regularly.
Pay your previous loan EMIs on schedule and if there are any previous loan defaults, try to clear them first.
Maintain a healthy credit score.
Make sure the company you are working for is well-known in the industry.
No, changing your job or employer won't have any impact on your personal loan terms and conditions or EMI. Your loan EMI or the terms and conditions only gets impacted if you are not paying your EMIs on time or request for foreclosure or rescheduling. However, you need to update us about the same within the prescribed time limit.