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| Hero Fincorp Personal Loan Highlights | |
| Interest Rate | 19.75% p.a. to 30% p.a. |
| Loan Amount | Up to Rs 5 lakh |
| Processing Fee | 2.3%-3% of loan amount |
Note: Rates as of 30 May 2025.
Table of Contents
Hero Finance Personal Loan Interest Rate
| Minimum Interest Rate | 19.75% p.a. |
| Maximum Interest Rate | 30.00% 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 |
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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.