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
thinking...
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.

Personal Loan in Paradeep

logo
Loan up to ₹5 Lakh
logo
Minimum Salary Required ₹15K
logo
Instant Approval
Personal Loan EMI Calculator

Monthly EMI

₹ 46,078

Interest Payable

₹ 52,936

Get a Personal Loan in Paradeep With Quick Approval

Paradeep is a city in Odisha that has a plethora of industries and tourist spots. It is an important seaport that creates jobs for many people. Despite being an industrial hub, Paradeep has a beautiful beach with clear blue water and sandy stretches. It's a great place for relaxing and exploring.

If you are someone who is looking for instant financial support, then consider Hero FinCorp as your financial ally. We offer Personal Loans in Paradeep to help people in need of financial assistance. With minimal documentation, instant approvals, and affordable interest rates, these loans are the best financial solutions in Paradeep.

We Offer a Wide Range of Personal Loans

Hero FinCorp has a variety of Personal Loans to cater to every need of yours. Here is a list of loans offered:

1.png
Personal Loan for Self-Employed

Apply for Personal Loans for self-employed individuals and ease your business finances.

2.png
Personal Loan for Women

We support women empowerment and offer Personal Loans for women to give them financial freedom.

3.png
Personal Loan for Government Employees

Apply for our Personal Loans for Government Employees and get instant approval.

4.png
Personal Loan for Education

Take our easy to pay off Personal Loan for education, and pursue your higher education.

5_4d202076f4.png
Personal Loans for Doctors

We have quick Personal Loans for doctors so they can meet their urgent needs without hassle.

6.png
Personal Loan for Travel

Borrow our Personal Loan for Travel and pay them off in easy EMIs.

7.png
Personal Loan for Wedding

Make your wedding day more special with a Personal Loan for the wedding from Hero FinCorp.

8.png
Personal Loan for Home Renovation

With our Personal Loans for home renovation, you can renovate your home with confidence.

Features And Benefits of Hero FinCorp Personal Loan Paradeep

Check out the benefits of our Personal Loans in Paradeep:

high-loan-amount.png
High Loan Amount

Our loan amount is as high as Rs 5 Lakh to meet your funding requirements.

attractive.png
Attractive Interest Rate

We offer a competitive rate of interest starting from 19% per annum.

Collateral.png
Collateral-Free

At Hero FinCorp, we don’t ask you to pledge any valuables to obtain the loan.

repayment-tenure.png
Flexible Repayment Tenure

Get a flexible repayment tenure ranging from 12-36 months.

instant-app.png
Instant Approval

Take advantage of our instant approvals for Personal Loans in Paradeep.

Eligibility Criteria for Instant Personal Loan in Paradeep

Here are the requirements you need to meet to be eligible for an instant Personal Loan in Paradeep. Review the Eligibility Criteria for Personal Loan before applying.

HFCL_age_icon
Age

You need to be within the age bracket of 21 years and 58 years.

citizenship.png
Citizenship

You need to be an Indian citizen.

work-experience.png
Work Experience

For salaried employees: 6 months, and for self-employed employees: 2 years

monthly_income.png
Monthly Salary

You must provide a minimum monthly income of Rs 15,000.

Documents Required to Apply for a Personal Loan in Paradeep

To get a Personal Loan in Paradeep, you just need to upload the following documents to complete your loan request. Ensure you have all the required documents for Personal Loan ready before applying.

Documents Required for Salaried Employee

identity_proof.png
Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

mand-doc.png
Mandatory Documents

Loan Application Form, Passport Size Photo

income.png
Proof of Income

6 Months Salary Slips & Bank Statements, Form 16

ownership.png
Job Continuity Proof

Appointment Letter from Current Employer

addr.png
Proof of Residence

Driving License, Passport, Aadhaar Card, Utility Bill

Additional Documents (Self-Employed Only)

N/A

Documents Required for Self-Employed

identity_proof.png
Proof Of Photo Identity

Driving License, Passport, PAN Card, Aadhaar Card

mand-doc.png
Mandatory Documents

Loan Application Form, Passport Size Photo

income.png
Proof of Income

Last 6 Months Bank Statements, ITR for Last 2 Years

ownership.png
Job Continuity Proof

N/A

addr.png
Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

mandatory_documents.png
Additional Documents (Self-Employed Only)

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

Interest Rates on Personal Loans in Paradeep

Our Personal Loan Interest rates are competitive, take a look below.

Interest Rate

Starting from 1.58% per month

Loan Processing Charges

Minimum Processing fee is 2.5%+ GST

Prepayment Charges

NA

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 Paradeep?

Our Personal Loan in Paradeep offers you an attractive rate of interest, a high loan amount, and a flexible repayment period. Just follow the steps below to apply for a loan:

hfc

  • 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)

There is no such limit on your Personal Loans. But be mindful with your loan application. Because multiple loan applications might impact your credit score.
Personal Loans taken for home renovation or repair are eligible for a tax deduction under Section 24(b) of the Income Tax Act.
We calculate your loan eligibility based on your age, credit score, income and current financial obligations.
No, the maximum age to apply for a Personal Loan in Paradeep with Hero FinCorp is 58 years.
Yes, you can, but to negotiate you need to have a stable income or good credit history.
Products