Hero Fincorp Home Loan


Hero Fincorp Home Loan is easy to apply for and has a quick application approval time. Customers can easily check for Hero Fincorp Home Loan eligibility criteria online. Certain documents have to be provided as Hero Fincorp Home Loan requirements. These include documentation like identity, age proof, residence, proof of income, property documents etc. Hero Fincorp Home loan can be applied for online, and to apply for Hero Fincorp Home Loan, the customers will need to pay a minimal application fee.

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Hero FinCorp Home Loan

  • Interest Rate


  • Loan Amount

    ₹10L - ₹3Cr

  • EMI Per Lakh


  • Processing Fees

    2.5% of the loan amount + applicable taxes
  • Pre-Payment Charges


Features & Benefits of Hero FinCorp Home Loan

  • A home loan with quick documentation. 
  • Up to 50% higher amounts. 
  • Options for lowering EMIs by 20%. 
  • 30-year loan tenures for both self-employed and salaried applicants. 
  • The higher age limits up to 75 for self-employed borrowers and pensioners with 70 years for salaried applicants. 

Hero Fincorp Home Loan Overview

Hero Housing Finance is a subsidiary entity of Hero Fincorp and offers home loans at attractive interest rates to customers with several other benefits. You can readily apply for Hero FinCorp home loans throughout the country to buy under-construction or ready to move residential properties or even for constructing, improving or expanding a house. You can choose Hero FinCorp home loan online application options with maximum amounts going up to Rs. 5 crores.

Hero FinCorp Home Loan Fees & Charges

When you apply online for Hero FinCorp home loans, you will find the applicable charges. They include the following:

Hero FinCorp Home Loan Interest Rates

The bank charges competitive interest rates from 9.50% onwards. The minimum loan amount is Rs. 10 lakh. The loan tenures are up to 30 years for salaried applicants and 20 years for self-employed applicants. The LTV (loan-to-value) ratio is up to 90% of the property value.

Documents Required for Hero FinCorp Home Loan

The following documents required for Hero FinCorp home loans are a must:

Identity, residence, and age proof. Proof of income for salaried applicants.
Property documents (if you have chosen your property). Current loan details if applicable.

How does the EMI Calculation Work for Hero FinCorp Home Loans?

The EMI calculation is a simple procedure for availing Hero FinCorp home loans. Just enter the rate of interest, tenure and home loan amount. It will give you the EMI results that you require.

Balance Transfer Hero FinCorp Home Loan

There are three balance transfer or home loan top-up programs at Hero FinCorp. Government employees can get 30-year (maximum tenure) home loans with a maximum age limit of 60 years. The LTV is 90% for loans up to Rs. 30 lakh, while it is 80% for loans between Rs. 30-75 lakh and 75% for loans higher than Rs. 75 lakh. The same applies to other borrowers and pensioners as well. There are several attractive balance transfer offers available at Hero FinCorp.

Hero FinCorp Home Loan Customer Care Number

You can contact this number- 1800 212 8800. It is the customer care number at Hero FinCorp


From refinancing to reducing your interest, we have the answers right here.

Is a home loan a tax-saving deduction?

Yes, a home loan is a tax saving instrument. You can get up to Rs. 1,50,000 as deductions on principal amount repayment under Section 80C and also up to Rs. 2,00,000 as a deduction on interest repayment under Section 24. There are sops up to Rs. 50,000 for first-time homebuyers as well, subject to certain conditions. 

What is the minimum salary for a home loan?

The minimum salary for availing of a home loan is usually Rs. 25,000.

Can I take two home loans at a time?

Yes, you can obtain two home loans simultaneously provided you have the repayment ability in terms of your monthly income and financial position. There is no official limit on the number of home loans that you can take. 

When does the loan repayment period start?

The loan is repaid in EMIs containing both interest and principal components. Repayment begins from the month after the month in which you take the total disbursement of the home loan amount.

When do home loan EMIs start?

Home loan EMIs usually start after the completion of the property and after possession has been taken by the borrower. This is called the subvention scheme. In other cases, the full EMI starts after the completion of the property while borrowers may pay the pre-EMI in the initial stages after the moratorium period.

Does Hero FinCorp provide home loans at the best rate?

Hero FinCorp provides home loans at competitive rates starting from 9.50% onwards. 

What is the interest rate of home loans in Hero FinCorp?

Hero FinCorp offers home loans to customers from 9.50% onwards. 

What are the benefits Hero FinCorp provides on a home loan?

Hero FinCorp offers home loans with seamless documentation along with higher loan amounts of up to 50%. It also offers options to lower your EMI by 20% along with maximum loan tenures of 30 years for all categories of applicants. The age limit is also enhanced up to 70 years and 75 years for salaried and self-employed applicants respectively.

Does Hero FinCorp have a fixed rate of interest on a home loan?

Hero FinCorp offers options to customers for choosing between floating and fixed rates of interest. It will directly affect the EMI. With the floating interest rate, the EMI will change periodically, while it will stay fixed with the fixed interest rate.

What are the documents required in Hero FinCorp for a home loan?

The documents required are the present loan details, residence, age and identity proof, proof of income and property documents in case the property has already been identified by the borrower.

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