Why should government employees choose Simply Cash personal loan?

Simply Cash is a secured personal loan app easily available to fulfil your instant cash requirements up to ₹1,50,000. Besides, the loan application procedure is hassle-free with paper less documentation.

What are the documents required from government employees for Simply Cash personal loan?

Minimal documents are required when applying for a personal loan online.E-KYC documents like Aadhar card / smart card/ driving license/pan card are the mandatory documents.

What is the minimum income requirement for government employees to get personal loan?

Borrowers between 21 to 58 years of age with a minimum income of 15000/- are eligible to apply for a personal loan.

Loan for Government Employees

A personal loan can be availed by any individual meeting the eligibility criteria set by the financial institution. You have come to the right platform to avail personal loans for government employees. Applying for a personal loan is a wise decision as it fulfils various financial purposes both personal and professional. Government employees can make the most of personal loan facilities for paying off urgent expenses or making investments. Know the benefits of personal loans and ways to get quick approval through online instant loan apps or lender websites.

Check SimplyCash, the latest instant personal loan apps designed for the quick availability of personal loans at attractive interest rates. This personal loan app is powered by Hero Fincorp, a reliable financial firm in India that helps you meet all your financial requirements in a few simple clicks.

Personal loans for government employees are approved based on their credit history and CIBIL score. Proper management of debts and credits reflects a good credit history and maintains an excellent CIBIL score. The eligibility criteria vary from lender to lender.

Apply for Personal Loan

Features and Benefits of Personal Loan For Government Employees

The features and benefits of personal loan for government employees are not different from other borrowers. Even government employees get personal loan approval on the basis of their monthly salary and a positive CIBIL score:

Simple signup & login

By just entering the mobile number or email address, a government employee can get registered on the Simply Cash loan app.

Hassle free documentation

No physical documentation is required. A paperless documentation procedure saves a lot of time invested in physical verification

Low interest rate

If you are a government employee and retain a good credit score of timely repayment of debts, then a low interest rate can be levied on the loan amount as per the norms of the lender. The interest rate may vary from lender to lender.

Customize your loan amount & EMI

A loan EMI calculator allows you to customize your loan amount, tenure & EMIand saves your valuable time. With the help of loan EMIcalculator you can get an accurate estimation of the EMI amount to be repaid.

Instant approval

After the application and proper verification the loan amount gets approved within 24 hours and gets disbursed directly into your account.

Flexible repayment option

Choose repayment tenure anywhere between minimum 6 months to maximum 24 months as per your convenience and capability to repay the loan amount.

Safe and secure loan app

Simply Cash ensures 100% safety and confidentiality of entered personal details and submitted documents.

Eligibility Criteria for Personal Loan for Government Employees

Personal loan for government employees follows a set of eligibility criteria that increases the chances of loan approval on the same day. The SimplyCash instant loan app follows simple eligibility criteria for government employee loans.
1

You must be a citizen of India
2

You must be between the age of 21-58 years
3

The minimum work experience should be 6 months
4

Your minimum monthly income should be Rs.15000/- monthly

The essential documents for availing government employee personal loan via SimplyCash includes:
5

Identity Proof- Aadhaar card/ Driving license/ Voter ID
6

Address Proof- Electricity bill/ Passport/ Aadhaar card
7

PAN card for financial details
8

Income Proof- 6 months bank
9

Loan requirement details

How to Apply for Personal Loan for Government employees?

A government employee can be anyone such as a doctor, a bank officer or a teacher. A personal loan application can be made by anyone who needs to arrange emergency cash. Follow the easy loan application process to avail a speedy personal loan for government employees via SimplyCash:

Enter your mobile number and area pin code
Enter your Aadhar card number linked to your mobile number or use your Smart Card Driving License
In the absence of Aadhar card number/Smart card/ Driving license, ID proof or Address proof becomes mandatory
Before filling the loan application form, customize your loan amount, tenure and interest rate using loan EMI calculator that will allow you to plan EMIs accordingly
Fill in the loan application form with employment and financial details
Enter your PAN card number
KYC documents are mandatory
Lastly, choose the purpose of instant personal loan

Finally, government employees using SimplyCash instant loan app can avail different types of personal loan such as wedding loan, travel loan, medical loan, education loan, pension loan, top-up loan etc. Borrowers can avail a loan amount of minimum Rs. 50,000 to 1.5 lakhs from the Simply Cash app. Once all the online formalities are submitted and verified to be authentic, the loan amount will be disbursed in the borrower’s registered bank account.

No Guarantor but need Instant Personal Loan – SimplyCash can be helpful

Despite the gender bias prevalent in India, women have progressed in various fields leaving a mark for the generations to come. Considering this, various financial institutions and NBFCs witnessed the need for exclusively launching personal loans for women in India. Women are provided attractive interest rates on personal loans for education, travel, marriage, or any other kind of financial emergency.

Know All About Personal Loan Disbursal

A personal loan is quite flexible & can be availed with fewer formalities & documentation. It is available for both salaried & self-employed individuals. A personal loan app is useful when the approval & disbursal are done on time & it has a simple and hassle-free paperless documentation process making personal loan disbursal instantly into your account.

What happens to a Personal Loan if the borrower dies

Different financial companies have their own clauses in the personal loan document explaining what should be done when a borrower expires in the middle of the loan tenure. Generally, in such cases, the pending loan amount is paid by the legal heir of the family. In case, the deceased borrower has life insurance in his/her name, then the insurance company pays off the personal loan.