What does Hero Fincorp lend?

Hero Fincorp writes secured term loan, unsecured business loan. Across those, observed facilities run ₹30 lakh to ₹30 lakh.

What ticket size does Hero Fincorp offer?

Facilities observed on live transactions run from ₹30 lakh to ₹30 lakh. The band differs by product, so the figure that applies to you depends on which facility you are asking for.

What rate does Hero Fincorp charge?

Rates observed on live transactions fall between 17% and 18% a year. Tenures run 24 to 36 months. These are observed figures, not a quote, and the rate you are offered depends on your file.

How long does Hero Fincorp take to disburse?

About 45 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.

What are Hero Fincorp's eligibility criteria?

The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

Lender profile

Hero Fincorp business loans

Hero Fincorp is on Recur Club's lender panel, writing secured term loan, unsecured business loan. Observed tickets run ₹30 lakh to ₹30 lakh, priced between 17% and 18%. Median turnaround from application to disbursal is about 45 days.

✓Tickets from ₹30 L – ₹30 L across 3 products
✓Indicative pricing 17% – 18%, as quoted on live transactions
✓Around 45 days from application to disbursal when the file is clean
✓We check your fit against every lender on the panel, not just this one

Check your fit →See a typical term sheet

Products live

₹24L

Median sanction

Days median turnaround

Sanction letters read

— Which arm you land with

2 lenders under one brand

They share a screening philosophy but not a book. Which one your file goes to depends on what you are borrowing against.

Hero Fincorp Limited

Rejects

Lender is not processing in the area

Wins

At decile 5, borrower is eligible for ₹30–40 lakhs

Behaviour & gates

Borrower: CIBIL ≥650
avoid
Mining TechMining EquipmentServices for Mining IndustryGems and JewelleryGambling and BettingLottery BusinessTobacco ProductsExplosivesArms and Ammunitions
Karnataka
Private Limited, Sole proprietorship, Limited Liability Partner
Financials: runway ≥12mo
exisiting debt: 25

19 more ▾

rev ≥₹1cr
TOL/adjusted tangible net worth ≤5
maximum runway: 24
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1
Deal: rate 15–25%
ticket ₹0.1–50cr
tenure 12–36mo
no PEP
Security (observed): Personal Guarantee Of Promoters / Directors / Property Owner (100%)
1st/pari-passu charge on current assets (100%)
FD margin 5–10% (100%)
1st charge on immovable assets (100%)
median ticket ₹0.5cr
median rate 18%
median turnaround 45d
Security asked in : Personal Guarantee Of Promoters / Directors / Property Owner (×2)
Security asked in 2026: Personal Guarantee Of Promoters / Directors / Property Owner (×1), 1st/pari-passu charge on current assets (×1), FD margin 5–10% (×1), 1st charge on immovable assets (×1)

Hero Motocorp Limited

Behaviour & gates

Borrower: CIBIL ≥650
Punjab
Financials: TOL/adjusted tangible net worth ≤5
debt/EBITDA ≤4
debt/networth ≤4
DSCR ≥1

— Products & indicative terms

What Hero Fincorp lends, and on what terms

What has actually been offered on live transactions, not brochure numbers. Treat them as the band you are likely to be quoted inside, not a promise. Open a row for that product's credit box.

Product	Ticket	Pricing	Tenure	Arm
Unsecured Business Loan▾▴ Turnaround ~45d Rejects Negative sectors Mining TechMining EquipmentServices for Mining IndustryGems and JewelleryGambling and BettingLottery BusinessTobacco ProductsExplosivesArms and Ammunitions Wins Director overdue: 0.001 INR Cr Director CIBIL: 650 States, Karnataka Company types: Private Limited, Sole proprietorship, Limited Liability Partner 17 more ▾ ▴ Min company age (yr): 0 Years Min Runway: 12 Months Exisiting Debt: 25 % Min revenue (₹cr): 1 Max Runway: 24 Months Debt / EBITDA: 4 Debt / Net worth: 4 Debt Service Coverage Ratio: 1 Offered terms (past deals): rate 17–17.5–18% ₹0.3–0.3–0.3 Cr 24–30–36 mo Turnaround: ≈45 days (share→disburse) Asks for Other (×3) — e.g. Requires company registration documents: PAN, MOA, AOA, COI Asks for Bank statements (×1) — e.g. Requires bank statements in software-compatible format (not scanned) — HDFC stat Asks for Cap table / equity (×1) — e.g. Requires shareholding pattern and director list dated within the last 30 days Asks for GST / integration (×1) — e.g. Requires GST certificate Asks for Legal / KYC (×1) — e.g. Requires KYC docs (Aadhaar, PAN Behaviour & gates Min tenure (mo): 12 Months Min ticket (₹cr): 0.05 Max tenure (mo): 36 Months Min rate (%): 15 Politically Exposed Person: No Max ticket (₹cr): 50 7 more ▾ ▴ Max rate (%): 25 rate — stated 15–25%, actually offered 17–18% → within stated band Amount — stated 0.1–50 Cr, actually offered 0.3–0.3 Cr → within stated band Tenure — stated 12–36 mo, actually offered 24–36 mo → within stated band Lender is not processing in the area (×1 latest ) At decile 5, borrower is eligible for ₹30–40 lakhs	₹0.3 cr	17–18%	24–36 mo	Hero Fincorp

Also offered, with no terms observed yet: Secured Term Loan.

— Typical term sheet

What a sanction from Hero Fincorp actually looks like

Reconstructed from real sanction letters. Small samples, so read them as observed rather than as a rule.

Specimen sanction

Representative of the median file. Your actual terms will move with rating, security cover and relationship.

Indicative

How often each clause appears

Share of the 16 sanction letters carrying the clause.

Periodic reporting / MIS obligation19%

— Common questions

What borrowers ask about Hero Fincorp

What does Hero Fincorp lend?: Hero Fincorp writes secured term loan, unsecured business loan. Across those, observed facilities run ₹30 lakh to ₹30 lakh.
What ticket size does Hero Fincorp offer?: Facilities observed on live transactions run from ₹30 lakh to ₹30 lakh. The band differs by product, so the figure that applies to you depends on which facility you are asking for.
What rate does Hero Fincorp charge?: Rates observed on live transactions fall between 17% and 18% a year. Tenures run 24 to 36 months. These are observed figures, not a quote, and the rate you are offered depends on your file.
How long does Hero Fincorp take to disburse?: About 45 days from application to disbursal at the median, where the file is complete. Missing financials, unresolved security or a pending no-objection from an existing lender are what usually stretch it.
What are Hero Fincorp's eligibility criteria?: The first screen is the bureau: a borrower CIBIL of at least 650. Revenue, leverage and debt-service thresholds apply on top and vary by product. The full credit box for each product is set out on this page.

Next steps after Hero Fincorp

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Last updated 29 September 2026

Lender intelligence dossier - screening gates, per-product terms and sanction observations, derived from lender policy documents and observed transactions. Figures are observed from a sample and are not an offer, a commitment, or a statement of Hero Fincorp's current policy. Terms are set by the lender at the time of sanction.