Loan App

The current Covid-19 pandemic has created havoc worldwide, and this has affected the socio-economy of the country very severely, directly disturbing the employment scenario. One of the best survival strategies amidst the Covid times is relying on a credible instant personal loan app.

Aadhar card is considered a mandatory document while applying for an instant personal loan online. Through E-KYC verification. Aadhar card has enabled the paperless verification process through simplified E-KYC validation. Instant loans online can be applied for both secured and unsecured loans with Aadhar card.

Instant loan is one of the easiest to avail when in need of urgent funds. Being an unsecured loan, there is no demand for a collateral/guarantor for instant loan approval. This makes it more attractive and a speedy loan type.

If you are seeking financial support, applying for a personal loan is the correct move. But, how will you know whether you are eligible for a personal loan? A personal loan is an unsecured loan without any collateral, and thus lenders exercise caution by setting eligibility criteria to prevent default in repayments and frauds.

Equated monthly instalment (EMIs) is a critical factor when it comes to a personal loan application. Thanks to the digitization, calculating EMIs is a simple process via instant loan apps. The in-built EMI calculator gives instant EMI results in seconds.

An incorrect information in CIBIL report can impact you while availing loan. Discrepancies in your CIBIL report can cause a delay in loan approval. Borrowers should check their CIBIL score at intervals and spot discrepancies if any.

So, it's August! That time of the year when the world celebrates ‘International Friendship’s Day. But, in this pandemic situation, when life appears to be a plain vanilla due to an adverse financial crisis, a personal loan truly arrives as a best friend, helping with immediate finance in just a few hours.

A personal loan is an unsecured loan that doesn’t require any kind of collateral submission. But what makes borrowers think twice about a personal loan is the added interest rate charged on the principal loan amount. The rate of interest on a 1 lakh personal loan via the SimplyCash app is 2.08% per month.

Small loans online are one of the most sorted loans helping with instant cash and easy approval. Over the years, small cash loans have been popularized considering short-term loan requirements for different financial purposes. Whether it is making an urgent down payment, paying the pending medical bill or clearing the tuition fees for education, etc.

An emergency situation demands timely finances to cope up with the shortage. Whether it is buying a medical dose, booking travel tickets, or fixing your house walls, any emergency situation can ring a bill to avail of instant personal loans online. SimplyCash is a fast pace instant loan app, which is just the right source to acquire an emergency loan from 50,000 to 1.5 lakhs.

An instant loan of Rs.50,000 is a small cash loan, falling under the category of unsecured loans. By unsecured it doesn’t mean that the loan is not secure to apply, it means that an unsecured loan is a short-term loan with no requirement of a collateral or guarantor.

SimplyCash - an instant personal loan app online launched by HeroFinCorp, a financial services company in India, has introduced a hassle-free instant loan online with flexible repayment options for salaried and self-employed individuals, with a minimum eligibility criteria and paperless documentation.

Legal lending apps operating in tandem with authorized financial institutions or NBFCs can be trusted and considered safe for online loan applications. If you have an instant mobile loan app in hand, it is advisable to verify the authenticity of the app before starting with the loan application.

 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. SimplyCash, an instant personal loan app powered by HeroFinCorp, a trusted financial service in India, supports borrowers with instant cash loans starting from 50000 - 150000 instantly.

CIBIL score is a 3-digit numeric summary of the credit information report and is based on past credit behavior and repayment history, credit mix, and credit inquiries. The higher your CIBIL score, the better are the chances of your loan getting approved. A personal loan is sanctioned after analyzing the credit score of the borrower.

 Aadhar card, a 12-digit identification number issued by the UID of India on behalf of the government of India, serves as a proof of identity and address, anywhere in India. And now it is also an essential document for availing online instant personal loans. Aadhar Card is a mandatory document when you apply for an instant personal loan online via loan app.

As a personal loan is an unsecured loan, it does not require any collateral and can be quickly availed on the same day. SimplyCash, an instant personal loan app provides personal loans online for various purposes like weddings, home renovation, medical bills, vacation, electronics, consumer durable & for many other reasons in few minutes.

A quick loan is precisely known as an instant loan that can be obtained easily through instant personal loan apps online. Small cash loans online are quick because these are unsecured loans and so the need for a collateral is eliminated. In such situation, check for quick small cash loans online ranging between thousands to lakhs, mostly limiting to 5 lakhs.

In the current covid-19 pandemic, personal loans seem to have gained attention due to loss in jobs and the downfall of businesses. Therefore, several financial institutions and NBFCs in India observed the need for fast–track loans innovated at the plethora of loan apps and official credit websites, declaring the easiest way to get the loan approved.

 SimplyCash, an instant cash loan app launched by HeroFinCorp, is one of the most intelligent personal loan apps helping borrowers to get small cash loans in few minutes. SimplyCash offers instant cash loans in a range of Rs.50,000 – Rs.1,50,000 on an attractive interest rate and less processing fees +GST charges as applicable.