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Personal Loan in Sonpur

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

Monthly EMI

₹ 0

Interest Payable

₹ 0

Get a Personal Loan in Sonpur With Quick Approval

Sonpur is located at the junction of the Ganges and Gandak rivers in the Indian state of Bihar. It is known for Sonpur Mela, ancient temples and cultural sites. This city has a rich history and values its old customs and culture. However, that's just one aspect of it. On the other hand, Sonpur is a prominent centre for textiles and handicrafts. These industries provide significant employment opportunities and contribute substantially to the city's economic output.

The need for Personal Loans is high in Sonpur for various reasons, such as weddings, medical expenses, education, etc. This has led to the emergence of many financial institutions and Personal Loan providers in the city to meet the increasing demand. If you are looking for a hassle-free Personal Loan in Sonpur, Hero FinCorp is the right place to contact. We provide instant approval and require minimal paperwork.

We Offer a Wide Range of Personal Loans

Hero FinCorp offers a wide range of Personal Loans that help you tackle every situation without worrying about your finances.

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Personal Loan for Self-Employed

We offer up to Rs 5 Lakh to support our self-employed customers with Personal Loan for Self-Employed.

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Personal Loan for Women

We help women achieve financial independence with our Personal Loan for women.

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Personal Loan for Government Employees

We offer exclusive Personal Loans for government employee applicants with instant approval.

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Personal Loan for Education

We offer Personal Loans for education to meet your educational funding needs.

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Personal Loans for Doctors

Our Personal Loans for Doctors offer instant financial support and require minimal documentation.

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Personal Loan for Travel

Our Personal Loan for Travel can help you go on a long-awaited vacation.

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Personal Loan for Wedding

With our Personal Loan for weddings, you can make your special day grand without any financial stress.

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Personal Loan for Home Renovation

Hero FinCorp’s Personal Loan for Home Renovation can cover the costs of renovating your house.

Features And Benefits of Hero FinCorp Personal Loan Sonpur

We understand needing financial assistance can be confusing. That's why Hero FinCorp's Personal Loan in Sonpur is designed to make things easier for you. We offer instant approval, and our loans come with many other benefits that can help alleviate the burden of your financial worries.

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High Loan Amount

We offer Personal Loans in Sonpur up to Rs 5 Lakh, giving you the peace of mind during emergencies.

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Attractive Interest Rate

We offer Personal Loans with affordable interest rates starting from 19% per annum.

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Collateral-Free

Hero FinCorp offers collateral-free Personal Loans so you won't have to pledge any valuable possessions.

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Flexible Repayment Tenure

We offer flexibility to repay the loan over 12 to 36 months to help you manage your finances better.

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Instant Approval

Hero FinCorp provides instant loan approval to help you meet your urgent needs.

Eligibility Criteria for Instant Personal Loan in Sonpur

You must meet certain eligibility criteria for a Personal Loan from Hero FinCorp in Sonpur. This helps increase your chances of being approved for the loan.

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Age

You can apply for a loan between 21 and 58 years old.

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Citizenship

To be eligible, you need to hold Indian citizenship.

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Work Experience

Work experience: 6 months for salaried individuals, 2 years for self-employed.

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Monthly Income

You need a minimum monthly income of Rs 15,000 for financial stability.

Documents Required to Apply for a Personal Loan in Sonpur

When applying for a Personal Loan in Sonpur at Hero FinCorp, we only require a few documents, including your identity, address, proof of income, etc. However, please note the requirements for salaried and self-employed individuals may vary, so gather the correct documents before applying. Review the Required Documents for Personal Loans carefully.

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 Months’ 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 Rates on Personal Loans in Sonpur

We offer Personal Loans in Sonpur with interest rates starting from 19%* t&c apply p.a. You don't have to worry about additional charges, as we keep them reasonable. Here's an overview of our Personal Loan interest rates and other charges.

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 Sonpur?

If you're in Sonpur and looking for quick approval for a Personal Loan, Hero FinCorp can help you. You can apply for an Instant Loan up to Rs 5 Lakh by downloading the Hero FinCorp Personal Loan app.

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  • 1

    Visit the Hero FinCorp website or install the personal loan app

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    Go to the Personal Loan page and click ‘Apply Now

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    Enter your mobile number and verify with the OTP received

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    Choose the loan amount you need

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    Verify your KYC details to check income eligibility

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    Click ‘Submit’ to complete your application

Frequently Asked Questions (FAQs)

Yes, living near Sonpur shouldn't affect your eligibility. Hero FinCorp offers Personal Loans to eligible borrowers in Sonpur.
No, a temporary visa disqualifies you from getting a Personal Loan.
We can still assess your eligibility if you've recently moved to Sonpur.
Unfortunately, the maximum loan term is not predetermined. It is generally 12 to 36 months with Hero FinCorp.
Contact us for info on prepayment charges for a Personal Loan. This will depend on the loan amount and interest rates.