SimplyCash Instant personal Loan App - HeroFinCorpIn the ongoing covid-19 pandemic, personal loan apps online have gained popularity due to instant approval and disbursal. Individuals who need money for an emergency can avail of loans instantly through instant loan apps.
Supporting the small cash loan borrowers, HeroFinCorp, a non-banking financial company in India launched the SimplyCash instant personal loan app. With this app on your smartphone, you can independently raise instant cash between Rs.50,000 to Rs.1,50,000. It is a secured instant loan app available for easy download on Google Play Store.
The purpose of developing the SimplyCash instant personal loan app is to support various financial needs of the borrowers for personal reasons like wedding, home renovation, holiday, education, medical emergency, and many more day-to-day cash needs.
SimplyCash helps to fulfill instant cash needs without the need for any physical documentation. Also, the attractive rate of interest which is quite affordable as compared to other lenders in the market makes the repayment of EMIs easy.
Why should you opt for SimplyCash instant personal loan app?SimplyCash is a user-friendly app designed with seamless features that benefit the borrowers majorly during the shortage of finance.
Let’s have a sneak preview of the various features and benefits of the SimplyCash instant personal loan app:
Instant loan approval- As the name suggests “instant loan” the loan is approved in less than 5 mins. Instant approval is done after the real-time verification process is completed.
Quick disbursal - Within 24 hours your loan gets disbursed directly into your account. The same-day loan disbursement benefits the borrowers, particularly when the financial need is urgent.
Collateral free - SimplyCash instant personal loan is free of collateral and makes it free of formalities. Without pledging any collateral, you can get the loan instantly. There are no hassles of a guarantor or submitting an asset against a loan.
Affordable interest rate - SimplyCash interest rate is reasonable and you can easily afford to pay the monthly EMIs easily with 2.08% per month. It can also vary based on your financial background.
Customize your loan amount & EMI - Before applying for an instant personal loan, check your eligibility and ability to repay the loan, and accordingly customize the loan amount as per your budget. SimplyCash Loan EMI calculator enables you to calculate your loan amount, EMI, and tenure based on the interest rate levied and makes the planning of repayment simple.
No physical documentation - The complete paperless process is digital and involves verification of E-KYC documents in a paperless format. This eliminates the time consumed in physical document submission and helps in instant loan approval.
Who all can avail of SimplyCash Instant personal loan?
Applicants who meet SimplyCash eligibility criteria can instantly avail of an instant personal loan on the same day.
Eligibility criteria & documentation
Following is the basic eligibility criteria to get SimplyCash instant loan for salaried and self-employed individuals:
- Must be in an age group between 21 - 58 years
- Must earn a secured minimum income of Rs.15,000 monthly
- Must be a resident of India
- Must submit last 6 months of bank statement as an income proof
Required Paperless DocumentsA paperless documentation process makes the loan application less time consuming:
- Mandatory documents include - Aadhar Card/Smart Card Driving License/ PAN Card
How to apply for an instant cash loan on SimplyCash?With just three simple clicks, you can avail instant personal loan via SimplyCash:
1. Install the SimplyCash loan app from Google Play Store on your android phone
2. Complete the simple application procedure in minutes
3. Know the loan approval status in minutes and in 24 hours get the loan amount credited in your bank account registered with SimplyCash