NBFC
Hero FinCorp
An NBFC from the Hero group offering retail and SME loans.
Best for: Small businesses and used vehicle buyers.
Apply with pre-screening
We check your profile against Hero FinCorp's policy and others on the panel before any application.
Typical strengths
- Personal and business loans
- Loan against property
- Used vehicle finance
Interest rates, fees and eligibility shown on this site are indicative, vary by lender and borrower profile, and are subject to change without notice. Always read the lender's Key Fact Statement (KFS) before signing. Loan approval and terms are decided solely by Hero FinCorp under its credit policy.
Products
What we arrange with Hero FinCorp
- Personal Loan
- Business Loan
- Loan Against Property
- Used Car Loan
- Machinery and Equipment Loan
Personal Loan
Collateral-free personal loans from ₹50,000 to ₹50 lakh at rates starting around 10.25% p.a., with disbursal typically within 48 hours of approval.
- Rate from
- 10.25% p.a.
- Up to
- ₹50 L
Business Loan
Unsecured business loans from ₹2 lakh to ₹1 crore for proprietors, partnerships and companies, at rates from about 14% p.a., with tenures up to 5 years and minimal collateral requirements.
- Rate from
- 14.00% p.a.
- Up to
- ₹1 Cr
Loan Against Property
Loans against residential, commercial or industrial property from ₹10 lakh to ₹15 crore at rates from about 8.75% p.a., with tenures up to 15 to 20 years and funding up to 70% of market value.
- Rate from
- 8.75% p.a.
- Up to
- ₹15 Cr
Used Car Loan
Loans for pre-owned cars up to 10 years old, funding up to 90% of the assessed value at rates from about 11% p.a., with tenures up to 5 years.
- Rate from
- 11.00% p.a.
- Up to
- ₹50 L
Our read
Where Hero FinCorp fits
Hero FinCorp is a practical option for small businesses and used vehicle buyers, particularly where the borrower is real and serviceable but would not clear a bank's programme cleanly. Loan against property is available where an asset can support a larger amount.
We treat it as a comparison point rather than a first choice. It earns its place when the alternatives have declined a workable file, and it is often more accommodating than its size would suggest.
Worth knowing
- Pricing reflects the flexibility; a borrower who fits a bank should go to the bank.
- Used vehicle amounts depend on the age and valuation of the asset, which can move late in the process.
Our assessment, not a statement of Hero FinCorp’s policy. Terms are set by the lender and can change.
Questions
Hero FinCorp: common questions
When would you recommend this lender?
When a workable file has been declined elsewhere on technicalities, or when a used vehicle or small business loan needs a more accommodating view than a bank offers.
Can I borrow against my property here?
Yes, and it usually supports a larger amount than an unsecured loan. The asset is at risk, which is what makes the rate lower.
Is it competitive on rate?
Not against a bank. Its value is in saying yes to files a bank declines, and we are straightforward about that trade.
Compare
Other nbfcs on the panel
The best lender for you depends on your profile. We compare before you apply.
Is Hero FinCorp the right lender for you?
Share your requirement and we will compare it against the whole panel, at no cost and with no bureau enquiry.