Personal loan online

A personal loan can be acquired immediately via instant loan apps online such as Simply Cash. Download the personal loan app from Google Play Store, check the eligibility criteria, submit a loan application and get the loan sanctioned and disbursed within 24 hours.

Lenders consider CIBIL score to probe the repayment ability of the borrower. If the CIBIL score is closer to 300, it reflects a low credit score and closer the credit score to the 900, it shows an excellent credit score for a quick personal loan approval.

Personal loan EMIs should be ideally paid on the fixed due date every month. However, it depends from lender to lender. Pre-payment of loan or early payment of loan EMIs is often followed by a penalty for the borrowers. Hence, do read about the prepayment policies before initiating it.

Both salaried and self-employed individuals can avail a personal loan with a minimum income of Rs.15,000 per month.

Based on your monthly salary criteria, many banks and financial institutions offer easy to apply for a personal loan with minimal documentation. A self-employed or a salaried person can easily avail a personal loan with a minimum salary of Rs.15,000 per month.

Yes, it is safe to apply for a personal loan online through credible loan apps that are downloaded from the right source such as Google Play Store. Do not download loan apps or visit credit websites if you notice any discrepancy or absence of contact details. Also, check the app ratings and customer reviews before applying for a personal loan online.

Personal loans can be acquired instantly within 24 hours to 48 hours of the time period. It all depends on the purpose of the loan, eligibility criteria and income of the applicant. As personal loans provide emergency liquid cash, it is collateral-free and can be acquired fast to meet urgent financial needs.

A personal loan is an instant loan, which is quite useful to meet urgent cash needs. It is best to avail a personal loan to manage emergency financial requirements.

A personal loan suffices monetary issues during unpredictable situations. There are a variety of personal loans available to deal with different emergencies. For instance, medical loan for treating critical ailments, education loan for studying abroad, consumer durable loan for buying high-end electronic products, etc.

Simply Cash is a secured personal loan app readily available to fulfill your instant cash requirements up to ₹1.5 lakh. Besides, the loan application procedure is hassle-free with paperless documentation.

Loan applicants, whether salaried or self-employed individuals should be between the age group of 21 years to 58 years, to avail Simply Cash personal loan. Also, a minimum monthly income of Rs.15000 is mandatory, along with an income proof of last 6 months.

Essential documents for Simply Cash personal loan include Aadhaar Card or Smart Card Driving License, Pan Card, address proof, income proof and photographs. For self-employed individuals, submission of company details is also required.

A minimum monthly income of ₹ 15,000 is a must for Simply Cash personal loan, applicable for both salaried and self-employed individuals.

A credit score above 500 is ideal to get a personal loan via the SimplyCash App. Loan payment history is significant to create a good credit score. Missed EMIs can affect your credit score negatively.

An affordable starting interest rate of 2.08% monthly and 20% per annum is the rate of interest applied on the principal loan amount.

Applicants can apply for a maximum loan of INR 1,50,000 from the SimplyCash app.

SimplyCash is an instant loan app. After the applicant has submitted the required paperless documents and KYC details, the personal loan is approved within minutes and the funds are directly transferred into the bank account.

SimplyCash is completely a digital app. EMIs can be easily paid via the app or can be auto debited every month, on request.