Apply For Personal Loan

Loan EMI Calculator

Can I take a Loan from Mobile Loan App?

Can I take a Loan from Mobile Loan App?

Since mobile phones became smarter, many tasks turned easier online. Whether, it is banking, shopping, learning, gaming, or lending money, everything is possible via mobile loan apps available on Google Play Store for easy download. So, yes! It is possible to take instant personal loans via a mobile loan app.

Mobile loan apps are designed in a user-friendly manner to facilitate easy loan applications even for first-time borrowers. The process, eligibility criteria, and loan features are all explicitly defined on the loan app. So, before you start with a mobile loan online, it is good to first check the loan eligibility calculator to confirm the eligibility criteria based on age, income, employment, and any previous debts.

With mobile loan apps, borrowers have clarity in hand and loan amount in their bank account within a working day. Nowadays, lifestyle is such that taking out time especially to visit the bank or lender’s office for a personal loan is time-consuming. Mobile loan apps have actually simplified the process and made instant loans quite accessible online.

Why should borrowers choose mobile loan apps for instant loans?


Features and benefits of instant small cash loan available on your mobile


 

No collateral

This means no security against the loan is required for mobile loans. Your monthly income is your only collateral in such types of loans.
 

Real-time approval

Within seconds the loan is approved on real-time verification of submitted documents.
 

Same day disbursal

Instant cash loan gets disbursed in the registered bank account within a single working day.
 

Flexible repayment

Monthly EMIs can be paid as per your convenience within a given tenure.
 

Loan eligibility calculator

You can decide on the loan amount, tenure, and EMIs using the in-built EMI calculator in the app.
 

Minimum paperless documentation

No physical documentation is needed. The documents required are limited such as the Aadhaar card & PAN card are mandatory to get an instant loan via mobile.
 

SimplyCash Mobile Loan App in India


SimplyCash instant loan app is a useful platform offering mobile loans in a range between Rs.50,000 – Rs.1,50,000. The procedure for applying mobile loan is easy and secure. Just download and register on an online instant loan app from Google Play Store. Fill in the information, including your details, address proof, employment details, and submit for real-time verification.
 
Overall, mobile loan apps are a good source to apply for a loan online. Now, it’s a personal choice whether you want a short-term loan or long-term loan, depending upon the urgency of finance. If there is a financial emergency, mobile loan apps are an ideal choice, as the time taken for loan approval is quite less.

Identity proof, address proof, and income proof are required to get a personal loan via mobile loan apps. Keep ready your Aadhar Card, PAN Card, and last 6 months bank statement for verification of the borrower’s profile.

So, all the reasons show a favourable drop towards mobile loan apps. Not restricted to a specific purpose, mobile instant loans can be used for a variety of financial reasons, including emergency situations.
 

SimplyCash

SimplyCash powered by Hero FinCorp is an instant personal loan app providing cash loans of upto INR 1,50,000 for both salaried and self-employed individuals. Driven by technology and fuelled by innovation, SimplyCash solves instant cash requirements of customers in just a few simple clicks without any physical documentation or meeting. The mobile app is available to users through all popular Android play stores like Google play store, Samsung store, Xiaomi store etc. With one of the most widespread presence, SimplyCash currently offers its services in over 90 major locations in India. Known for a seamless process, instant loan disbursal and transparent pricing - SimplyCash truly lives upto the expectations of being a 'Hero' product.  

Note: SimplyCash is a duly registered trademark and is a loan product offered, managed and operated by Hero FinCorp. Hero FinCorp Limited is a Non-Banking Financial Company registered under the provisions of Reserve Bank of India ("RBI") and is in the business of finance and lending.

Accepted Banks:

ICICI BANK LTD HDFC BANK LTD IDBI BANK STATE BANK OF INDIA PUNJAB NATIONAL BANK YES BANK INDUSIND BANK KOTAK MAHINDRA BANK LTD

IDFC FIRST BANK LTD AXIS BANK BANK OF BARODA TAMILNAD MERCANTILE BANK LTD INDIAN OVERSEAS BANK INDIAN BANK RBL BANK LTD DEUTSCHE BANK AG CITY UNION BANK LTD FEDERAL BANK SOUTH INDIAN BANK STANDARD CHARTERED BANK CANARA BANK KARNATAKA BANK LTD CITI BANK BANDHAN BANK UNION BANK OF INDIA DCB BANK LTD DBS BANK INDIA LTD THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD DEUTSCHE BANK UCO BANK

Secured
Safe & Secure

SimplyCash is managed and operated by Hero FinCorp Limited, and it follows high data and system security standards.

View Details

SimplyCash Insights

Install App Instant Small Cash Loan App Online
Useful Links

Copyrights @ 2021 All Rights Reserved Powered by HeroFinCorp Ltd.