The decision to look for a personal loan to finance your personal needs is probably the most important financial decision you will ever make. Getting a personal loan is not easy considering the anti-consumer measures adopted by banks. But Hero Fincorp believes that getting personalized attention, clear transparent communication, and trouble-free processing are vital to a customer's experience. Hero FinCorp is your go-to solution for all your personal financial needs—from home renovations to weddings, medical treatments, and travel. We offer a wide range of collateral-free loan products with competitive interest rates and minimum processing fees.

Here are a few factors about Hero Fincorp Personal Loan

Negative Profile for Hero Fincorp Personal Loan

A negative list or negative profile is a list of areas of the city where residents would not qualify for credit approval. In India, this has been a relatively new development.

Let us take an example, How EMI is being calculated

For instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee upto 2-3% of loan amount may apply. T&C apply.