How Can I Get an Instant Loan Online
Last updated: Aug 10, 2020, 04:10 AM ISTSince time immemorial, the system of lending and borrowing money from friends, relatives, or moneylenders is common. Over the years, technological development in the banking and finance sector has simplified the loan acquisition process. The online procedure has made it easy for everyone to get an instant loan, sitting at the comfort of their home.
Instant loan is quite useful during emergencies. Many people depend on an instant loan facility to fulfill their goals and aspirations. The key advantage of instant loan is that the loan amount is disbursed instantly within 24hours of application. Various other loans such as education loan, home loan etc. take time for approval.
Hero FinCorp, incorporated in December 1991, one of India's fastest growing NBFCs, identified the need for urgent finance and developed a user-friendly instant loan app called ‘SimplyCash’. It is a one-way solution to get easy instant loan of up to 1.5lakh, without any physical documentation.
How to Use the Simply Cash Instant Loan App?
Apply for instant loan online for personal purposes such as weddings, medical emergency, home renovation or travelling abroad. Download the SimplyCash instant cash loan app from Google Play Store and follow a few simple steps to complete the loan application process:
- Install Simply Cash personal loan app in your android phone through Google Play store
- Register using your email id and mobile number. This step is secured with OTP (One Time Password) for validating the details.
- Enter your current address Pincode after registration
- Next, use the instant cash loan calculator to know the EMI amount.
- Check the loan pre-requisites – Aadhar Card, a Mobile number linked to Aadhaar (for OTP), PAN Card and Bank account in any of the 35 listed banks. Check the list of all the supported banks on the app.
Note: Only salary accounts with active Net Banking & Debit Card in the supported banks are eligible for an instant loan.
Thus, save your time with paperless documentation and acquire instant loan at Simply Cash in a few simple steps. Go the smart way to maintain your financial stability and apply for instant loan online to experience various benefits.
What are SimplyCash Users Benefits?
Benefits and perks attached to personal loans are varied. With easy personal loan apps like SimplyCash, applicants get timely financial support to meet their urgent or unplanned expenses. Let’s see the prominent benefits of using the SimplyCash loan app:
- Quick disbursal is an important feature in times of financial crisis. Within 1 hour of paperless documentation, the loan is sanctioned instantly, and money gets transferred in the applicant’s bank account.
- Collateral free loan takes off a load of arranging security against the loan. Download Simply Cash and qualify for collateral-free loans.
- No physical documentation required for loan processing. Only keep your Aadhaar and PAN card number handy to move ahead with Simply Cash instant loan procedure.
- Small cash loans support the need for urgent funds. Avail an instant loan ranging from INR 50,000 to 1.50 lakh at Simply Cash.
- User convenience is the prime benefit. Applicants can initiate the loan application process from anywhere in the world, at any given time.
- EMI calculator tool accurately calculates the EMI amount in minutes. Customize your loan amount and EMI using the online EMI calculator available on the Simply Cash app.
- Low rate of interest starting with 1.67%* per month. It balances the EMI amount to be paid every month and brings no pressure to the applicant.
What are the Eligibility Criteria for Simply Cash Instant Loan?
Applicants between the age group of 21 to 58 years can apply for an instant loan. Salaried and self-employed individuals with a minimum monthly income of Rs15,000 are eligible for a personal loan at Simply Cash. Six months’ bank statement of the bank account with maximum transactions will be considered as an income proof.
Ultimately, Simply Cash instant loan app is a savior for those seeking small cash loans up to 1.5 lakh. Getting easy access to immediate funds in times of crisis is a boon. No paperwork, no lengthy procedures, simply download the app, complete the easy application and get money in your account.