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Personal Loan in Murshidabad

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Loan up to ₹5 Lakh
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Minimum Salary Required ₹15K
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Instant Approval
Calculate Your Personal Loan EMI

Monthly EMI

₹ 46,078

Interest Payable

₹ 52,936

Get a Personal Loan in Murshidabad Up to 5 Lakh

Murshidabad in West Bengal, located along the banks of the Bhagirathi River, exudes a rich historical and cultural heritage. Once the capital of Bengal during the Nawabi era, this city is renowned for its majestic architecture, including the Hazarduari Palace and the Katra Masjid. Murshidabad is also famous for its silk industry, producing exquisite Baluchari sarees cherished across the country. Visitors can immerse themselves in the city's vibrant markets, bustling with activity and offering a plethora of local delicacies. With its intriguing history, architectural marvels, and cultural diversity, Murshidabad is a testament to Bengal's grandeur.

To fulfil your financial needs in Murshidabad, consider Hero FinCorp for quick approval and hassle-free processing of personal loans in Murshidabad, ensuring you can achieve your goals with ease and confidence.

We Offer a Wide Range of Personal Loans!

Explore Hero FinCorp's trusted personal loan financing in Murshidabad. We offer a variety of personalised loan solutions designed to cater to your requirements and preferences.

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Personal Loan for Self-Employed

Personal Loans for Self-Employed help manage both personal and business financial requirements effectively.

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Personal Loan for Women

Personal loans for women support financial independence and help achieve personal or career goals.

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Personal Loan for Government Employees

Exclusive Personal Loans for Government Employees with low interest rates and flexible repayment options.

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Personal Loan for Education

Simplified personal loans for education help students manage expenses and focus fully on their studies.

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Personal Loans for Doctors

Customised personal loans for doctors support clinic setup, equipment purchase, and personal financial needs.

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Personal Loan for Travel

Fuel your wanderlust with a personal loan for travel that provides funds for global adventures.

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Personal Loan for Wedding

Make your big day memorable with a personal loan for a Wedding covering everything from venue to décor.

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Personal Loan for Home Renovation

Upgrade your home effortlessly with a personal loan for home renovation designed for comfort and visual appeal.

Features and Benefits of Personal Loan in Murshidabad

Seeking instant funds in Murshidabad? Apply for an instant personal loan in Murshidabad with attractive features from Hero FinCorp:

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High Loan Amount

Access personal loans up to Rs 5 lakh to meet your needs and reach your goals.

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Attractive Interest Rate

Enjoy competitive rates from 19% p.a., keeping your monthly repayments affordable and cost-effective.

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Collateral-Free

Get a loan quickly without collateral, making the process simple and approval faster.

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Flexible Repayment Tenure

Choose a flexible repayment tenure between 12 to 36 months to suit your finances.

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Quick Approval

Get fast approval and instant funds to quickly manage your urgent financial needs.

Eligibility Criteria for Instant Personal Loans in Murshidabad

Unlock the eligibility requirements for obtaining instant Personal Loan finance in Murshidabad.

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Age

You must be between 21 years and 58 years old to get a loan.

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Citizenship

You need to be an Indian citizen.

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Work Experience

Salaried employees: 6 months of work experience and Self-employed individuals: 2 years.

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Monthly Income

You need to show a minimum monthly income of Rs 15,000 to be eligible.

Documents Required to Apply for a Personal Loan in Murshidabad

Hero FinCorp is your reliable Personal Loan provider in Murshidabad. We offer a hassle-free loan application process to make it as simple as possible. Here are the documents we need to offer you a personal loan:

Documents Required for Salaried Employee

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Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

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Mandatory Documents

Loan Application Form, Passport Size Photo

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Proof of Income

6 Month's Salary Slips & Bank Statements, Form 16

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Job Continuity Proof

Appointment Letter from Current Employer

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Proof of Residence

Driving License, Passport, Aadhaar Card, Utility Bill

Additional Documents (Self-Employed Only)

N/A

Documents Required for Self-Employed

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Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

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Mandatory Documents

Loan Application Form, Passport Size Photo

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Proof of Income

Last 6 Months Bank Statements, ITR for Last 2 Years

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Job Continuity Proof

N/A

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

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Additional Documents (Self-Employed Only)

Copy of Tax Registration, Shop Establishment Proof, Company's Registration Certificate

Interest Rate and Charges for Personal Loan in Murshidabad

In Murshidabad, Hero FinCorp stands out with highly competitive interest rates for Personal Loans, starting from 19% per annum. It assures favourable terms and affordable repayment options, allowing borrowers to enjoy lower monthly payments and reduced borrowing costs. Choosing Hero FinCorp empowers individuals to effectively manage their finances while accessing the funds necessary to achieve their targets.

Interest Rate

Starting from 1.58%* per month

Loan Processing Charges

Minimum Processing fee is 2.5%+ GST

Prepayment Charges

N.A.

Foreclosure Charges

5% + GST

EMI Bounce Charges

Rs 350/-

Interest on Overdue EMIs

1-2% of the loan/EMI Overdue Amount Per Month

Cheque Bounce

Fixed Nominal Penalty

Loan Cancellation

1. Online loan app does not charge any cancellation charges

2. Interest amount paid is non-refundable

3. Processing charges are also non-refundable

How to Apply For a Personal Loan in Murshidabad?

To apply for a Personal Loan in Murshidabad, follow these steps:

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  • 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)

The EMI for a 5 lakh personal loan depends on the loan tenure and interest rate. You can use the Personal Loan EMI calculator for accurate calculations.

Yes, personal loans can be used to cover medical expenses.

The interest rate for a personal loan is determined based on factors like credit score, income, loan amount, and repayment tenure.

A personal loan provides a lump sum amount that must be repaid with interest over a specified period.
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