Fast Cash Loans - The Benefits of Getting Them
Last updated: Mar 05, 2021, 03:50 AM ISTAs the need for fast cash loans increases, various financial companies and NBFCs have come forward for lending fast loans in a speedy online procedure. Life is unpredictable. For instance, a medical need arises and you need cash desperately for the emergency, in such times of cash urgency, fast cash loans can be a savior.
Today’s youth is more inclined towards fast cash loans to fulfill their goals and desires at the earliest. They know the benefits of taking instant cash loans as the benefits and advantages offered by the lender are varied.
Unlike a traditional method of taking loan, which is a completely offline and a time-consuming process, inclusive of high interest rate and heavy paperwork, fast cash loans are less complicated and involves a simpler process.
A fast cash loan taken from SimplyCash is instant. It is powered by a financial giant in India – HeroFinCorp that enables easy access to fast cash loans. Simply Cash instant loan features and benefits provide unified solution to all your financial problems.
Benefits of Fast Cash Loans Via SimplyCash
Fast cash loans are instant personal loans that are approved on the same day of loan application or earliest within 24hours. Earlier when personal loans were not so instant, people had to wait for at least a week to get an update on their loan status. So, all thanks to the innovative instant loan apps that enable fast cash loans anytime, anywhere.
Instant cash loans have brought a revolutionary change in the financial sector by allowing the borrowers to apply online through instant loan apps or official websites. In contrast to the traditional form of cash loan, fast cash loans processed online have some prominent benefits that will encourage you to apply for personal loans online:
Fast cash loan apps are developed with user-friendly features that are easy to understand even when borrowers use the app for the first time for loan application. The SimplyCash app involves only few steps of loan application and approval. Fast cash loan apps are developed with user-friendly features that are easy to understand even when borrowers use the app for the first time for loan application.
Loan disbursal within 24 hours
It cannot be a fast cash loan if not approved within 24hours. With minimal eligibility criteria and paperless documentation, the loan approval and disbursal are made possible within 24hours.Getting immediate cash in 24hours was an unbelievable service feature till it was practically seen by the borrowers. In the instant loan process, loan application, verification, approval and disbursal, all happens within 24 hours of a working day.
Flexible repayment option
Instant cash loan offers flexible repayment option to the borrowers with the help of a loan EMI calculator. Fast cash loan apps enable flexible repayment option right from calculating EMIs to auto debit option, everything is quick that contributes in fast loan approval. The loan EMI calculator is specifically designed to flexibly plan your EMIs by setting the desired variables – loan amount, interest and tenure. Getting clarity on EMIs in advance enables budget planning.
Gone are the days when heavy documentation was mandatory to avail loans. Now, with online quick loan procedure, no physical documentation is required. KYC documents are verified using their unique identity numbers and verified in real time through the intelligent mechanism of the loan app. Fast cash loans applied online through SimplyCash involve a paperless documentation procedure. This saves a lot of time of manual verification of documents and gives faster approval.
An urgent monetary need can knock at any hour. Hence, loans apps available online in smart phones are helpful to apply for instant personal loans at any time. The app is not shut or temporarily offline. You can use Simply Cash for loan application at any time. Apply for fast cash loans anytime via smart phones or official lending websites.
SimplyCash instant loan app provides instant cash starting from INR 50,000 - 1,50,000. It is a loan amount, which can be repaid by a borrower earning minimum income of Rs.15,000 monthly. Instant personal loan apps like SimplyCash are speedy in verifying, approving and disbursing fast cash loans to meet different financial needs on time.
The fast cash loan documentation process requires a basicset of identity proof and income proof inclusive of Aadhar Card/ PAN Card/ Smart CardDriving License.
Eligibility Criteria for Fast Cash Loans Online
A personal loan when approved instantly on the same day of application is termed as a ‘fast cash loan’. The eligibility criteria for fast cash loans are simple and less time consuming. Below are the eligibility criteria required for fast cash loan:
- Age limit between 21-58 years
- Minimum monthly income of Rs 15,000
- Six months’ salary slip for salaried and bank statement of an active bank account for self-employed
Simply Cash is practically a feasible instant loan app guaranteeing fast cash loans to meet your urgent financial needs.
Q.1 What is a fast cash loan?
A. A fast cash loan is another term for instant personal loan that is approved and disbursed on the same day of application. The least is 24 hours taken for fast cash loan approval.
Q.2 How do fast cash loans work?
A. Fast cash loans work on the similar criteria of instant personal loan. A salaried or self-employed individual with a stable income of minimum Rs.15,000 can apply for fast cash loans online.
Q.3 Are fast personal loans legit?
A. Yes, availing fast cash personal loans are legal in India. There are people belonging to different income groups in India so the financial stability is inconsistent. These fast cash loans prove to be of great help in times of financial adversity.
Q.4 How can I get fast cash loan today?
A. Download an instant personal loan app like SimplyCash to avail fast cash loans up to Rs.1.5 lakhs today within 24 hours.