Hero Fincorp, the leading non-banking financial company (NBFC) in India, is breaking down barriers to finance and promoting financial inclusion with its Instant Personal Loan App. The NBFC is committed to ensuring personal loans are accessible to all, and not just a select few high-income earners. Both salaried and self-employed individuals earning a minimum of just Rs. 15,000 a month can apply for personal loans through the app and internet banking facilities.
Hero Fincorp’s National Manager – Digital, Prashant Chopra, says, …as a Hero Group company, we want to be known as a Good Corporate Citizen and a Socially Responsible Lender aiming to build a better India. The company’s continuous innovation and improvement through its products have manifested itself in the form of the Instant Personal Loan App, which is helping more Indians step into formal credit and be part of the nation’s banking systems. This move will help stimulate economic growth and propel individuals towards a better financial future.
The Instant Personal Loan App offers a streamlined loan approval process with disbursals in minutes. Borrowers simply download the app from Google Play Store, complete a straightforward, three-step application, and get the money directly in their account. There’s no paperwork and no long-drawn approval turnaround time, making it possible for borrowers to meet their immediate financial needs without any hassle.
Hero Fincorp understands the urgency that often accompanies the need for a personal loan, and has designed its app to provide immediate solutions, allowing users to access funds in just a few minutes. The company’s modern lending platforms are designed to provide diverse financing solutions that meet the unique needs of customers. Historically underserved borrowers can confidently apply for instant personal loans as high as Rs. 5 Lakhs.
Hero Fincorp has always believed in responsible lending, maintaining that keeping the minimum salary requirement low enables people to get a financial foothold and a chance to build a robust credit history. The company’s Instant Personal Loans through quick, easy, and seamless digital lending are set to revolutionize the personal loan market space in India, potentially ensuring quick, hassle-free loans for millions. This is a significant step in the company’s journey of becoming India’s next-generation ultra-lean credit champion.
Hero FinCorp offers innovative financial solutions that aim to make financing easy and accessible to everyone. The company is present across nearly 2000 retail financing touch-points across Hero MotoCorp’s network and plans to continuously expand its offerings and widen its geographic presence, all while continuing to offer the best in class financial services to all sections of society.
