How to get a 150000 instant cash loan?Several financial institutions and NBFCs witnessed the need for an instant cash loan, with most people facing a shortage of jobs and businesses during the pandemic.
Advanced technology widespread in the global environment has brought remarkable changes in the way we administer our finances. Personal loans are taken for various personal and professional reasons. Whether for a medical emergency, business expansion, or managing personal expenses related to education, wedding, home renovation, etc.
As a result, an increase in the demand for quick cash loans was evident, thereby offering a small cash loan of Rs.1,50,000 instantly with simple eligibility criteria and hassle-free documentation.
At such a crisis hour, SimplyCash, an instant personal loan app powered by HeroFinCorp, a trusted financial service in India, supported borrowers with instant cash loans starting from 50000 - 150000 instantly, subject to eligibility criteria being fulfilled.
The eligibility criteria for a 150000 instant cash loan
SimplyCash, one of the best instant cash loan apps in India, abides by the below eligibility criteria for salaried and self-employed individuals:
- A borrower must be in an age group between 21 - 58 years
- A borrower must have an Indian Nationality
- A borrower must earn a minimum income of Rs.15,000 monthly
- A borrower must submit the last six-months bank statement
- A borrower should have a minimum work experience of 6 - 12 months
With the above-mentioned eligibility criteria, you are likely to get a 150000 instant cash loan credited directly into your registered bank account with SimplyCash.
E-KYC Documents Required for 150000 Instant Cash Loan
An instant cash loan app follows a paperless verification format to avail small cash loans for an amount as low as 150000. If you are using the SimplyCash app to avail of a loan of 150000, here are the paperless documents mandatory for a hassle-free loan approval process:
- Identity proof - Aadhar card/Smartcard driving license
- Financial proof - PAN card
How to Apply for a 150000 Instant Cash Loan via SimplyCash
Fulfill your emergency cash needs in just a few clicks and get instant approval in minutes. Follow the simple steps to get a loan of 150000 via SimplyCash instant loan app:
- Download SimplyCash loan app from Google Play Store
- Register with your mobile number and e-mail id
- Thereafter, on the loan EMI calculator, check your desired loan amount, tenure, and EMI based on the interest rate levied by the lender.
- After the confirmation of the loan amount, enter details of KYC documents
- Fill the application form with your personal, professional, and financial details
- Enter the purpose for the loan amount.
- After verification, the loan approval is done in minutes
- Finally, the loan amount of will get disbursed within 24 hours of a working day.