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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 mobile

To 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:
  1. Borrower’s age limit between 21 - 58 years
  2. Borrower’s minimum income of Rs.15,000 monthly
  3. Resident of India
  4. 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 

  1. Identity proof- Aadhar card/Smart Card Driving license/Passport
  2. Financial proof–PAN card
  3. 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 mobile

SimplyCash instant loan app is specifically designed for smartphones and gives the borrower a user-friendly interface to apply and complete the following steps:
  1. Easy sign-in & login method
  2. Register your mobile number and email id for OTP verification
  3. Fill in the personal and financial details by entering the Aadhar card 12-digit number and PAN card details
  4. Calculate your loan amount, EMI, and tenure using the Loan EMI calculator
  5. Select the loan amount and tenure that suits you
  6. Mention the reason for an instant personal loan
  7. Receive the approved loan amount instantly into your account

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.

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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

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