How Can I Get A Loan For Personal UsePersonal loan is a convenient way to acquire bulk money right on time for fulfilling needs and aspirations. It can vary as large as buying a car or a property or simply buying an electronic gadget, renovating the house or plan a foreign trip. Whether you’re interested in borrowing from a bank, credit provider or a financial firm, the process is mostly the same.
In the ongoing Covid-19 pandemic, a lot of people are facing financial crisis due to loss of job, illness, lack of mobility etc. Amidst this chaos, getting a personal loan at a reasonable rate of interest looks difficult. SimplyCash, a digital personal loan app is a boon to ease off the financial crunch. Powered by HeroFinCorp, one of India's fastest growing NBFCs, with over 5 million customers, and disbursing a loan every 10 seconds, SimplyCash is a one stop solution for all your instant cash requirements.
Personal loan app through Google Play Store and avail personal loan in few simple steps. The uniqueness of this app is that it allows you to complete the entire loan application without any physical documentation.
There are several financial institutions providing personal loan with time consuming procedures, while, SimplyCash is one such personal loan app, which is completely digitized and provides instant cash flow up to 1.5 lakh at the tip of your finger, on your smart phone.
Generally, personal loan from a bank would take more than 24hrs to get sanctioned, after submitting and verifying the documents. While SimplyCash get funds directly to your bank account with no physical documents.
Let’s have a glance on SimplyCash personal loan eligibility criteria and key features:
Salaried and self-employed individuals with a minimum monthly income of Rs.15000/- and age limit up to 21 – 58 years can apply for personal loan via SimplyCash. As an income proof, keep ready 6 months bank statement of salaried account or bank account with maximum transactions.
SimplyCash Key Features
- Avail a maximum loan amount ranging from Rs.50000 up to Rs.1.50 Lakh.
- Starting rate of interest is low as 1.67% per month and affordable to pay on monthly installments.
- EMI calculator available on the app for easy and accurate calculation of EMIs
- Instant loan facility directly transfers the funds in your bank account registered with SimplyCash
- Low processing fee charged @2.5% + taxes as applicable
- Collateral free loan facility; allows personal loan sanction without security
- Customization of personal loan amount and EMI is possible with SimplyCash
Get Personal Loan on SimplyCash in few simple steps:
- Install the SimplyCash app
- Sign up and enter the login details
- Complete the simple application
- Keep your KYC documents ready
- Get Money in your account
Hence, download SimplyCash today and try using it practically on your phone to acquire instant personal loan. Check the list of accepted banks on the SimplyCash. The SimplyCash app is 100% secured as best in class security measures ensure your data is secured during transfer.