Since most of his savings are invested in mutual fund schemes, he is looking for an unsecured personal loan in Bangalore to fund the renovation. However, with limited knowledge of financial products, he is not sure of how to go about it. Tarun is not alone. Many people like Tarun find it difficult to comprehend financial products in terms of features, benefits, eligibility requirements, and needed documents.

1. A Step-by-step
Guide to Getting
Unsecured
Personal Loans

2. What do you mean
by an unsecured
personal loan?
Funds are available without pledging any
security as collateral.
2

3. Unsecured personal loan
benefits
▸ You can use the funds for any legitimate
purpose.
▸ Funds are available without any collateral.
▸ Flexible repayment terms and minimal
documentation.
3

4. Qualifying conditions for
unsecured personal loans
▸ Applicants must be salaried or self-
employed.
▸ Age should be between 21 and 58 years.
▸ Minimum monthly income of Rs 15,000
necessary.
4

5. Unsecured personal loan
documentation
▸ Application form along with passport size
photograph.
▸ Identity and address proofs.
▸ Income and occupation proofs.
5

6. Unsecured personal loan
application method
▸ You can apply online through the lender's
website.
▸ You can also apply by visiting the lender's
branch.
6

7. When to opt for an unsecured
personal loan?
▸ For consolidating your high-interest debts.
▸ For meeting medical emergencies or paying
children’s higher education fees.
▸ For covering wedding-related expenses.
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8. Points to consider before opting
for an unsecured personal loan
▸ Check the lender’s qualifying criteria.
▸ Know your EMI beforehand.
▸ Check the disbursal time and associated
loan charges.
8

9. “
To obtain an unsecured personal
loan, simply follow the quick
guide outlined above.
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10. THANKS!
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Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel : 18001024145
Email : corporate@herofincorp.com
Website : https://www.herofincorp.com/
Know More : A Step-by-step Guide to Getting Unsecured Personal Loans