Hero Fincorp Limited
Hero FinCorp, a part of the renowned Hero Group, is one of India’s rapidly growing non-banking financial companies (NBFCs). Established in 1991, the company has steadily expanded its footprint across the country, offering a diverse range of financial products and services to cater to the needs of retail, SME, and corporate customers. Hero FinCorp's portfolio includes two-wheeler financing, used car financing, personal loans, business loans, and loan against property. It also provides working capital loans, equipment financing, and leasing solutions to small and medium enterprises (SMEs) and large corporates. This wide array of products ensures comprehensive financial support for individual and business customers alike.
Key Highlights
Hero Fincorp Limited provides loans 3 categories 1) Retail Loans 2) Corporate Loans 3) Other Loans Retail Loans cover Used Car Loans, Two Wheeler Loans, Loyalty Loans, and Personal Loans Used Car Loans - The company gives loans for up to Rs.0.5 lacs to Rs.50 lacs for used cars and this loan is now available in 240 cities in India. Two-Wheeler Loan - Loans are available from Rs.10000 to Rs.100000 for all Hero MotoCorp 2-wheelers. Loyalty Loans - Customers who purchase two-wheelers from the company are rewarded with a special pre-approved personal loan offer for making on-time EMI payments. The Loyalty Personal Loan is the name of this loan program. Personal Loans - The company gives personal loans of up to 5 lacs to individuals. Corporate Loans include Loans against Property, Unsecured Business loans, Business Loans, and Bill Discounting or Invoice Discounting. They also have other loans in their portfolio. This segment includes Home Loans.
