Hero FinCorp, an NBFC established in 1991 and headquartered in New Delhi, offers an unsecured business loan at a rate of 17% to 30%, for amounts between ₹5 lakh and ₹50 lakh and tenures of 12 to 48 months.
Per the lender's own terms, no minimum income is required, though the business must have a minimum of 2 years of operation. Required documentation includes ID, business address proof, business continuity proof, and income proof. Rate type, processing fee, prepayment penalty, minimum CIBIL score, age, salary, and employment type eligibility criteria are not published for this product.
As published by Hero FinCorp. Your branch may ask for more.
Both exist. Unsecured business loans price higher; secured or scheme-backed loans (e.g. CGTMSE up to the scheme limit) can lower the rate or waive collateral. The right choice depends on ticket size and how fast you need funds.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.