As Adorable Economics Solution is a Finance Company, we are working with many other companies in order to provide you with the best services and have the ability to choose many options to choose to get a precious loan.

We have also written a post about how to get a loan from us easily, and why we are the best Loan service provider.

About Hero Fincorp

Finance Made Easy. Three simple words, that drive India’s next-generation ultra-lean credit champion – Hero FinCorp. Incorporated in December 1991 as Hero Honda FinLease Limited; the restructuring of their parent company Hero MotoCorp Limited, led to their present form as Hero FinCorp Limited.

Today, they’re present at close to 2000 retail financing touch-points across Hero MotoCorp’s network and have partnered with over 2000 satisfied corporate clients. Going forward, they plan to continuously expand their offerings and geographic presence, whilst offering class-leading financial services to all sections of our society.


To be a financier of choice and become a one-stop financial services company, by offering world-class products through innovation & teamwork.


They strive to be the best, most transparent, next-gen ultra-lean credit champion.


Their culture manifests through 5 core values – ‘TITHI’; Teamwork | Integrity | Trust & Respect | Humility | Innovation & Speed

Process of Loan

Like others, they have their process of giving loans. There are certain aspects. Let’s look into that.

  1. Identification of purpose

One can seek a loan for various purposes from buying property or a car to buying a motorcycle or funding one’s business. To cater to all these different needs, there are many types of loans available in the market. So, it’s important to first identify the purpose of the loan and then apply for the specific loan type.

For instance, personal loans are unsecured loans i.e. there’s no element of collateral in them, and thus are given a higher interest rate. On the other hand, home loans or LAP (Loan Against Property) are usually given to SMEs for fulfilling their working capital requirement by mortgaging their real estate property, which has lower interest rates but a strict process of documentation. So, choose according to need, affordability, and convenience.   

  1. Credit score 

Maintaining a good credit score is a prerequisite for a loan application. For instance, paying your previous loans on time, regular credit card payments, and keeping a decent balance in your account indicates that you are well-placed to repay the loan on time. This also helps to bring down your interest rate. You also can review your score on several finance-related websites before approaching the lender. Also, each application for a loan is recorded and affects the score and so, it’s important to not apply for a loan unless you actually require it, else it might create a sense that you are in financial debt.

  1. Affordability

A loan you are not likely to pay off will reflect poorly on your credit score as you approach the next lender. To apply for a reasonable amount that can be repaid within the deadline after thoroughly weighing your income and expenditure, and your assets and liabilities. There are many online calculators available to give you an estimation of how much money can be lent to you. 

  1. Right lender

Different lenders have their own loan charges and eligibility criteria. Before deciding on one, a comparison should be done online to know if you meet their eligibility criteria in respect of income, employment, and repaying capacity. Before you apply for a loan from a particular lender, do proper research regarding the reputation of the lender in the market. As online scam lenders are common these days, Lender’s License should be checked properly.

  1. Interest Rates

NBFCs or financial institutions evaluate your credit history and repaying capacity. This is one of the criteria that affect the interest rate. So, as mentioned above, it is advisable to maintain a good credit score. Also, the lender usually offers you a range of EMI depending on the type of loan and amount. The higher the EMI, the quicker you will be able to pay off your loan. But asses your repaying capacity and ensure that these EMI’s fall within your budget. 

With a fixed interest rate, the interest rate would remain the same throughout the tenure. While a floating interest rate would vary according to the market rates. Compare the various interest rates being offered by the different lenders and opt for the one with a lower interest rate and favorable terms.

  1. Documentation & Eligibility

For a hassle-free loan process, it is mandatory to keep all the documents handy while applying for the loan which will speed up the loan process. It is advisable to carry all the original documents along with the copies for the bank. Documents will depend upon the type of loan applied for but basically includes:

  1. Identification proof
  2. Address proof
  3. Income proof
  4. Previously filed 3 years ITR
  5. Photographs

Benefits you’ll be getting

They are giving many benefits for every loan segment. Some of the benefits listed below that you’ll be getting from them.