Hero FinCorp New Car Loan
Hero FinCorp, an NBFC established in 1991 and headquartered in New Delhi, is registered with the RBI in the NBFC class. It offers a car loan with interest rates ranging from 9% to 18%. The loan amount ranges from ₹50,000 to ₹25 lakh, with tenure between 12 and 120 months. Required documentation includes proof of identity, proof of address, and proof of income. Rate type, processing fee, prepayment penalty, minimum CIBIL score, borrower age limits, minimum salary, employment type eligibility, and special features are not published for this product.
Documents required
- ID
- address proof
- income proof
As published by Hero FinCorp. Your branch may ask for more.
Eligibility
Loan terms
Fees & charges
FAQ
Used-car loans price higher than new-car loans because of the collateral risk — see the separate used-car page. Salary-account customers often get a small rate discount on new cars.
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.