Hero FinCorp
Hero FinCorp Limited is one of India’s leading Non-Banking Financial Companies (NBFCs) and is part of the Hero Group. The company offers a wide range of financial products, including Personal Loans, Business Loans, Two-Wheeler Loans, Used Car Loans, Loan Against Property, and SME Loans. Hero FinCorp is known for its fast digital loan approvals, simple documentation, and flexible repayment options.
Contact With BorrowRight
Hero FinCorp Loan Interest Rates
| Loan Type | Interest Rate (p.a.) | Processing Fee | Loan Amount | Repayment Tenure |
|---|---|---|---|---|
| Personal Loan | 18% – 30% | From 2.5% + GST | Up to ₹5 Lakhs | 12–36 Months |
| Business Loan | Starts from 18% (profile-based) | As per company policy | Based on eligibility | Up to 60 Months |
| Loan Against Property | Starts from 9.50% | As per company policy | Based on property value | Up to 15 Years |
| Two-Wheeler Loan | As per applicant profile | As per company policy | Based on vehicle value | Up to 48 Months |
| Used Car Loan | As per applicant profile | As per company policy | Based on vehicle value | Up to 60 Months |
EMI Calculator – Calculate Your Monthly Loan EMI Instantly
Use the BorrowRight EMI Calculator to estimate your monthly EMI, total interest payable, and total repayment amount for Home Loans, Personal Loans, Car Loans, Business Loans, and Loan Against Property. Adjust the loan amount, interest rate, and tenure to find the repayment plan that fits your budget.
This layout is user-friendly, improves engagement, and can encourage more visitors to submit loan inquiries.
Eligibility Criteria
Salaried Applicants
- Age: 21–58 years
- Minimum monthly income: ₹15,000
- Minimum 6 months of work experience
- Good credit score (preferably 725+)
Self-Employed Applicants
- Age: 21–58 years
- Minimum 2 years of business continuity
- Stable business income
- Good repayment history
Documents Required
Identity Proof
- Aadhaar Card
- PAN Card
Address Proof
- Aadhaar Card
- Passport
- Utility Bill (if required)
Income Proof
For Salaried
- Salary Slips (if requested)
- Bank Statements
- PAN Card
For Self-Employed
- Income Tax Returns (ITR)
- Bank Statements
- Business Proof
Loan Charges
| Charge | Details |
|---|---|
| Processing Fee | Starts from 2.5% of the loan amount + GST. |
| Documentation Charges | Applicable for selected loan products. |
| Late Payment Charges | Charged on overdue EMIs as per the loan agreement. |
| Foreclosure Charges | 5% of the outstanding principal + GST. |
| Prepayment Charges | Generally Not Applicable for eligible personal loans. |
| EMI Bounce Charges | ₹350 per failed EMI transaction. |
| Loan Cancellation Charges | No cancellation fee through the loan app; processing fees and interest already paid are non-refundable. |
| GST & Government Taxes | Applicable on processing fees and other service charges. |
Why Choose Hero FinCorp?
- ✔ Trusted Hero Group company
- ✔ Fast online loan approval
- ✔ 100% digital application process
- ✔ Minimal documentation
- ✔ Flexible EMI repayment options
- ✔ Quick loan disbursal
- ✔ Transparent loan process
- ✔ Dedicated customer support
- ✔ Secure online loan management
Why Choose BorrowRight?
At BorrowRight, we make finding the right loan simple, transparent, and hassle-free. Instead of approaching multiple banks individually, you can compare loan options from leading lenders and choose the one that best fits your financial needs. Our experienced loan advisors guide you throughout the process, ensuring a smooth and stress-free borrowing experience.
Our Key Advantages
Multiple Bank & NBFC Partners – Compare loan offers from leading banks and financial institutions in one place.
Expert Loan Advisors – Receive personalized guidance to choose the most suitable loan.
Competitive Interest Rates – Access attractive interest rates based on your eligibility.
Fast Loan Processing – Quick application review and faster approvals.
100% Transparent Process – No hidden charges and clear communication at every step.
Minimal Documentation – Simple paperwork to make the application process easier.
Personalized Loan Solutions – Recommendations based on your income, credit profile, and financial goals.
End-to-End Support – Assistance from application submission to loan disbursal.
Secure & Confidential – Your personal and financial information is handled with strict confidentiality.
Free Loan Consultation – Speak with our experts before making a borrowing decision.