Hero Fincorp India - SME Loans
Hero Fincorp is a leading financial institution in India that offers a range of financial products and services, including SME loans. SME loans are specially designed to meet the funding needs of small and medium-sized enterprises (SMEs) in India.
Key Features of Hero Fincorp SME Loans:
- Flexible loan amounts and repayment options
- Competitive interest rates
- Quick and hassle-free loan approval process
- Dedicated relationship managers to assist you throughout the loan tenure
- Customized loan solutions tailored to meet your business needs
Eligibility Criteria for Hero Fincorp SME Loans:
- Indian citizen aged between 23 to 65 years
- Minimum annual turnover of the business
- Good credit history and financial stability
- Valid business registration documents
Documents Required for Hero Fincorp SME Loans:
- Identity proof (Aadhar Card, PAN Card, Passport, Voter ID)
- Address proof (Utility bills, Rent agreement, Driving license)
- Income proof (Bank statements, ITR documents)
- Business registration documents (GST registration, MSME registration)
How to Apply for Hero Fincorp SME Loans:
You can apply for Hero Fincorp SME loans online through their official website or by visiting any of their branch offices. Fill out the loan application form with the required details and submit the necessary documents for verification. Once your application is approved, the loan amount will be disbursed to your account.
Contact Information:
If you have any queries or need assistance regarding SME loans from Hero Fincorp, you can contact their customer support team at:
Phone: 1800-102-4145
Email: info@herofincorp.com
Frequently Asked Questions about Hero Fincorp SME Loans
What are the eligibility criteria for SME loans from Hero Fincorp?
Eligibility criteria for Hero Fincorp SME loans include a minimum turnover of Rs. 1 crore, a minimum of 3 years in business, and a good credit score.
What is the maximum loan amount available for SMEs from Hero Fincorp?
The maximum loan amount available for SMEs from Hero Fincorp is Rs. 50 lakhs.
What is the interest rate for SME loans from Hero Fincorp?
The interest rate for SME loans from Hero Fincorp starts at 18% per annum.
What is the repayment tenure for SME loans from Hero Fincorp?
The repayment tenure for SME loans from Hero Fincorp can be up to 5 years.
Is collateral required for SME loans from Hero Fincorp?
Yes, collateral is required for SME loans from Hero Fincorp.
