Hero Fincorp
Personal Loan

Applicant Type

-Salaried individuals with steady income, employed in reputed firms.
-Self-employed individuals typically need to explore business loan options.

Employment

salaried individuals should have a work experience of minimum 6 months in their current job.

Age Limit

21 – 66 years (at loan maturity)

Minimum Income

Minimum ₹15,000per month (varies by city & profile)

Loan Amount

up to ₹5 lakh; Term Loan: up to ₹35 lakh

Credit Score

A good CIBIL score (700+) is preferred for quick approval

USP

No collateral or guarantor required

Documents Required

    • For Salaried Applicants:

      • Identity Proof (PAN, Aadhaar, Passport, etc.)

      • Proof of income: Last 6 months’ salary slips and bank statements, Form 16

      • Job continuity: Appointment letter, if applicable

      • Photograph, filled application form, address proof

      For Self-Employed:

      • Identity & business identity (PAN, Aadhaar, etc.)

      • Proof of income: ITRs for 2 years, bank statements for 6 months

      • Business existence: Tax GST, Shop attestation, etc.

      • Photograph, address proof, application form