Instant Small Cash Loan Online App
Last updated: Jul 01, 2021, 06:46 AM ISTThe unimaginable has occurred in a couple of years since the Covid virus created a havoc and ruined many lives. In order to stay safe and follow all the precautions, the way we live and manage our finances has changed drastically. There are various reasons for which loans are required in India including reasons like marriage, education, medical or professional purposes like business expansion, purchasing working capital, and related matters.
Earlier, loans were perceived to be a burden but today in a digital world, personal loan apps have simplified the loan availability procedures. There are multiple instant loan apps offering small cash loans online in no time. A small cash loan can be availed instantly as the amount requested is limited and requires no collateral.
SimplyCash by HeroFinCorp is a super instant loan app available on the Google Play store. It is quite user-friendly, even the first-time borrowers find it easy to access the loan application process on SimplyCash. Borrowers can trust SimplyCash to avail a small cash loan of Rs.50,000 to 1.5 lakh within a span of 24 hours only.
Why Choose SimplyCash Instant Small Cash Loan App?Choose SimplyCash because you can rely on it for instant small cash loans. It is a reliable digital platform launched by HeroFinCorp, one of the fastest-growing financial services companies in India. It demands no paperwork, no lengthy procedures, simply download the app, complete the easy application and get money in your account.
Let’s see the prominent features described below:User-friendly Interface: New users registering with the SimplyCash loan app, find it easy to navigate through each step. This ensures the completion of the registration process correctly.
Paperless Documentation: No physical documents are required while registering. Verification is done through KYC details and income proof, to be submitted online.
No Collateral Loan: No security or guarantor of any kind is required while opting for SimplyCash personal loan. Individuals who meet the eligibility criteria are given quick loans.
Small Cash Loan: Suffice your urgent financial needs with a SimplyCash instant loan ranging from INR 50,000 to 1,50,000.
Quick Disbursal: The Loan is approved within minutes of verifying the registered details. Disbursal is fast, directly in the borrower’s bank account within 24 hours.
SimplyCash Instant Small Cash Loan Eligibility CriteriaWhether you apply for a personal loan of Rs.50,000 or 1 lakh, borrowers should check the eligibility criteria before applying for short-term loans. It is to ensure there are loan rejections or defaulters:
Age criteria: Applicant should be between 21 - 58 years.
Minimum monthly income for salaried: Applicant should at least earn a minimum amount of Rs.15,000 monthly.
Minimum monthly income for self-employed: Minimum earning should be Rs.15,000 monthly and six months bank statement is compulsory.
Mandatory Documents for Instant Small Cash LoanSubmission of mandatory documents for an instant short-term loan up to 1.5 lakh requires:
- Aadhar card and PAN card are important for E-KYC verification
- SmartCard Driving License is also one identity proof document that is considered
- Last 6 months of bank statement
- Your bank account should be in any of the accepted banks by SimplyCash.