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Personal Loan in Raipur

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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 Personal Loan in Raipur With Quick Approval

Raipur is the executive capital of Chhattisgarh and is widely known for the wide variety of rice grains it grows. The city is dotted with a number of steel plants that are vital for both employment and the economy. Raipur is also home to many lakes and ancient temples, making it a great tourist destination. This city also serves as the regional center for trade and commerce, which is why it is a bustling business hub. And if you wish to live the good life here, a personal loan in Raipur can be just what you need to meet rising living expenses or emergency needs. Hero FinCorp, a personal loan finance company in Raipur, is one of the most preferred lending institutions when it comes to personal loans due to its proactive customer service and competitive interest rates.

We Offer a Wide Range of Personal Loans!

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Personal Loan for Doctors

Medical practitioners can borrow specialized Personal Loans for doctors to fund their personal or professional expenses

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Personal Loan for Travel

Fund your domestic or foreign trips with Personal Loans of up to Rs 5 Lakh from Hero FinCorp.

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Personal Loan for Wedding

Cover planned or urgent expenses related to your wedding with an unsecured Personal Loan from Hero FinCorp

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Personal Loan for Home Renovation

Design the home of your dreams with a Personal Loan for home renovation and repay the project’s cost in EMIs

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Personal Loan for Self-Employed

We offer specialized Personal Loans for self-employed professionals at attractive interest rates and flexible repayment terms.

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Personal Loan for Women

Are you a woman professional looking for financial support? Apply for Personal Loan finance in Raipur with Hero FinCorp for instant funding access.

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Personal Loan for Government Employees

Government employees have stable jobs and regular incomes, making them the ideal candidates for Personal Loans at Hero FinCorp.

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Personal Loan for Education

Fund your higher education with a Personal Loan in Raipur from Hero FinCorp.

Features And Benefits of Hero FinCorp Personal Loan Raipur

Hero FinCorp, the most acclaimed personal loan provider in Raipur offers many advantages such as

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Substantial Loan Amount:

Hero FinCorp, a personal loan finance company in Raipur, makes sure that you can avail a substantial loan amount ranging from Rs 50,000 to Rs 5,00,000.

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Affordable Rate of Interest:

The rate of interest decides the EMI amount that has to be paid monthly by an applicant as EMI is a combination of the principal and interest amount. Hence, Hero FinCorp keeps its interest rates competitive, so that you can repay the loan comfortably.

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Zero Collateral Approval:

Personal loans in Raipur are unsecured, which is why they need no collateral as security for approval. Hero FinCorp, a personal loan provider in Raipur, provides approval without collateral, which makes the entire process simpler.

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Flexibility in Tenure:

As a top personal loan provider in Raipur, Hero FinCorp offers flexible tenures that can start from 6 months and go up to 36 months. The borrower can choose the appropriate duration based on their financial capability.

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Instant Approval:

Personal loans in Raipur are usually needed to fund financial emergencies, and hence, at Hero FinCorp, the process is optimized in such a way that once the eligibility criteria are met and KYC documents are verified, instant approval is initiated.

Eligibility Criteria for Instant Personal Loan in Raipur

To be eligible for a personal loan in Raipur, an applicant must meet the following criteria:

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Age

An Indian resident who is at least 21 years of age and not more than 58 years can apply for a personal loan in Raipur.

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Citizenship

To be eligible for an instant Personal Loan in Raipur, candidates must be Indian citizens.

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Work Experience

A salaried employee working at a firm and on an official payroll for at least 6 months. A self-employed professional should be running his business for a minimum of 2 years.

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Monthly Salary

Any applicant who wishes to apply for a personal loan in Raipur should have a monthly income of Rs 15000 at least to be eligible.

Documents Required to Apply for a Personal Loan in Raipur

Hero FinCorp is one of the most reputable Personal Loan providers in Raipur, providing instant loans with minimal documentation requirements. You don't need to visit our branch office to submit these documents, as you can easily upload scanned copies of the necessary documents through our user-friendly website or loan app. Since documentation requirements differ for salaried employees and self-employed professionals, here is an outlook for your information.

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

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Job Continuity Proof

Appointment Letter From the Current Employer

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Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

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Proof Of Photo Identity

Driver’s Licence, Passport, PAN Card, Aadhaar card

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Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

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Proof of Income

Last Six Months Bank Statement, ITR for the Last Two Consecutive Years

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Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

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Proof of Business Existence

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

Interest Rates on Personal Loans in Raipur

At Hero FinCorp, we offer competitive Personal Loan interest rates in Raipur. However, you must know other fees and charges. We have a transparent loan process that offers complete information before you accept the loan offer. Here are the details about loan-related charges:

Interest Rate

Starting from 1.58% per month or 19% per annum

Processing Fee

2.5% to 3.5%

Part-payment charges

    NA

Foreclosure Charges

5% + GST

EMI Bounce Charges

    Rs 350/-

How To Apply For a Personal Loan in Raipur?

  • 01

    You can apply for a personal loan in Raipur through Hero FinCorp in two different ways. Firstly, there is a dedicated self-help online application processing module on the Hero FinCorp website, which can be used from the comfort of your home. Or you can visit the nearest Hero FinCorp branch and complete the process with the help of an executive.

  • 02

    Fill in the Hero FinCorp personal loan application form by furnishing some basic information and mentioning your purpose. Also, carry a passport-size photograph.

  • 03

    You need to submit KYC documents like ID proof, address proof, PAN card, and salary certificate along with the completed personal loan application form at the nearest Hero FinCorp branch. Or you can upload their soft copies if you take the online route.

  • 04

    If the personal loan application form and KYC records satisfy the eligibility criteria, the approval will be given by Hero FinCorp’s authorized personnel and the applicant will be asked to sign a loan agreement.

  • 05

    After the approval is finalized, within a few minutes, the pre-decided personal loan amount will be disbursed to the borrower’s bank account

Frequently Asked Questions (FAQs)

A minimum job experience of 6 months is necessary to avail a personal loan in Raipur.
The personal loan scale set at Hero FinCorp is Rs 50,000 to Rs 5,00,000.
Yes, Personal Loans from Hero FinCorp come without end-use restrictions, making them suitable to finance any purpose, including a wedding, home renovation, education, medical treatment, vacation, or any other big-ticket expense.
While looking for a Personal Loan in Raipur, you can get one at Hero FinCorp with a repayment tenure of up to 36 months. You can use an EMI calculator to choose a loan term with EMIs you can easily afford.