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Disclaimer: Hero FinCorp is not a Paisabazaar partner for personal loan and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to Hero FinCorp for personal loans. No offers/services from Hero FinCorp are being provided by Paisabazaar for personal loans. For further information about Hero FinCorp for personal loans, users are required to reach out directly to Hero FinCorp.
| Hero Fincorp Personal Loan Highlights | |
| Interest Rate | 19.75% p.a. to 37.75% p.a. |
| Loan Amount | Up to Rs 5 lakh |
| Processing Fee | 2.3%-3% of loan amount |
Note: Rates as of 2nd Jan 2025.
Table of Contents
Hero Finance Personal Loan Interest Rate
| Minimum Interest Rate | 19.75% p.a. |
| Maximum Interest Rate | 37.75% p.a. |
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Hero Fincorp Personal Loan Fees and Charges
| Particulars | Fees |
| Processing Fees | 2.3%-3% of loan amount |
| Foreclosure Charges |
|
| Bounce Charges | Rs 350 |
| Additional or Penal Charges | 3% per month of overdue EMI pro-rated for the number of days of overdue |
Apply for Personal Loan with Quick Disbursal Click Here
Features of Hero Fincorp Personal Loan
- Hero Fincorp offers personal loan to meet the personal requirements of its applicants, such as wedding, travel, medical emergency, home renovation, business purposes, education and repayment of another loan.
- The lender offers a maximum loan amount of up to Rs 5 lakh
- The processing charges levied on personal loan range from 2.3% to 3% of loan amount
- Hero Fincorp personal loan is offered through an end-to-end paperless process through the digital platform of Paisabazaar, with real time approval and disbursement.
- 10 days cooling-off period is offered to the personal loan borrowers of Hero Fincorp.
- The lender does not levy any pre-closure or cancellation charges on personal loans if closed within the cooling period.
Hero FinCorp Personal Loan Eligibility Criteria
Both salaried and self-employed individuals can avail personal loans from Hero Fincorp through Paisabazaar.