How to raise funds in current medical emergencies?In today’s busy schedule, no one has the time and patience to stand in the long queue to execute the lengthy procedure to avail loan. Various financial institutions witnessed the need for an instant loan app and made use of the innovative technology to develop user-friendly mobile loan apps and official websites. These instant personal loan apps can be easily downloaded from Google Play Store on mobile phones for various purposes inclusive of travel, medical emergency, education, etc.
Instant loans are small cash loans. Borrowers can avail even a minimum amount of Rs.50,000 with instant loans. It is easily accessible via mobile phones due to the ease of application procedure, paperless documentation, and disbursal within 24 hours directly into the borrower’s bank account. Both salaried and self-employed can avail of instant personal loans of Rs.50,000 or more.
SimplyCash one of the leading instant personal loan apps powered by HeroFinCorp has been consistent in disbursing mobile instant loans starting from Rs.50,000 to 1.5 lakh. From loan application to document verification, everything is possible through your mobile phone within minutes. So, if you have an urgent financial requirement in the ongoing lockdown scenario, download SimplyCash and explore the flow of availing of an instant personal loan up to Rs.50,000 or more, within 24 hours.
Features and Benefits of Rs 50,000 small cash loan instantly via mobile:Instant loan approval - When you apply for an instant loan of Rs.50,000, the loan gets approved immediately in minutes after your eligibility criteria meet the lender's terms and conditions.
No security needed - Personal loan is an unsecured loan and does not need any collateral. It is a complete collateral-free loan, which does not require any pledge against the loan. Your income is the only source that will be considered while approving the instant loan.
Affordable interest rate - In comparison to credit card interest rates, instant personal loan offers a low-interest rate and a fixed one, which is probably affordable to repay in a flexible tenure.
Paperless documentation - No need for hordes of physical documents. KYC details and income proof are required to be submitted for verification in a paperless format online.
Flexible repayment option - Instant loan of Rs.50,000 can be availed easily by choosing a suitable tenure to repay the loan amount conveniently. SimplyCash provides a flexible tenure of up to 24 months for the loan repayment. Utilize personal loan EMI calculator to customize EMIs and tenure as suitable.
Eligibility criteria to get 50,000 instant Personal loans via mobileTo avail of Rs.50,000 instant personal loans via SimplyCash, minimum eligibility criteria and required documents are essential to improve your chances of loan approval:
- Borrower’s age limit between 21 - 58 years
- Borrower’s minimum income of Rs.15,000 monthly
- Resident of India
- Six months salary slip or bank statement mandatory for both salaried and self-employed individuals.
What are the document required for 50,000 instant Personal Loan
- Identity proof- Aadhar card/Smart Card Driving license/Passport
- Financial proof–PAN card
- In case you don’t have an Aadhar card or PAN card number, address proof will have to be presented.
How to apply for 50,000 instant loans via mobileSimplyCash instant loan app is specifically designed for smartphones and gives the borrower a user-friendly interface to apply and complete the following steps:
- Easy sign-in & login method
- Register your mobile number and email id for OTP verification
- Fill in the personal and financial details by entering the Aadhar card 12-digit number and PAN card details
- Calculate your loan amount, EMI, and tenure using the Loan EMI calculator
- Select the loan amount and tenure that suits you
- Mention the reason for an instant personal loan
- Receive the approved loan amount instantly into your account