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blog address: https://play.google.com/store/apps/details?id=com.herofincorp.simplycash
keywords: loan app, personal loan app
member since: Jun 20, 2022 | Viewed: 347
Instant Personal Loan App - SimplyCash
Category: Finance
Loan Amount: ₹50,000 - ₹1,50,000 Tenure (Repayment Period): Min. 6 months – max. 24 months Interest Rate: (APR) Maximum rate of interest 25% per year Processing Fee: 2.5% of loan amount + taxes as applicable SimplyCash, powered by Hero FinCorp, is an online personal loan app that will help you with an instant personal loan in just 3 simple steps. Get an Instant Cash Loan up to ₹1.5 Lakh disbursed directly into your bank account with our super affordable personal loan interest rates. How SimplyCash differs from other Personal Loan Applications? • Powered by one of the fastest-growing financial services company – Hero FinCorp • Part of one of the most trusted business houses of the country – Hero MotoCorp Group • Instant personal loan anytime • Completely digitized loan process • Real-time approval of your loan application • Quick response to customer queries • KYC process takes a few seconds to complete Types of Loan ⭐️Personal Loan ⭐️Instant Cash Loan or Small Loan ⭐️Emergency or Urgent Loan ⭐️Education Loan ⭐️Marriage Loan ⭐️Mobile Loan ⭐️Travel Loan Key Features ⭐️App-based lending ⭐️Easy sign-up, login & application process ⭐️EMI Calculator ⭐️Hassle-free & Quick disbursal in few hours ⭐️Get funds directly to your bank account ⭐️No physical documentation required ⭐️Customise your loan amount & EMI ⭐️Collateral free or unsecured loan ⭐️Get personal loans up to ₹1,50,000 Benefits & Risks Financial crisis and emergencies are unpredictable. Ensure you keep a loan app handy for online application of instant loans. Get an instant loan up to ₹1.5 Lakh (depending on your credit score) disbursed into your bank account. Documents required for an instant personal loan: No physical document required! How does it work? The entire personal loan application through SimplyCash is app-based. From signing up to loan disbursement, everything in just a few steps. Step 1 – Install the app from ‘Play Store’ Step 2 – Choose a loan amount (up to ₹1.5 Lakh) & preferred EMI Step 3 – Enter your basic details such as Name, Income, Purpose of loan & PAN Card number Step 4 – Complete your KYC process Step 5 – Input your Bank Account details Step 6 – Real-time approval of the loan Step 7 – Digitally sign e-Mandate and Loan agreement Step 8 – Amount credited to your account Representative Example For instance, you borrowed a personal loan of ₹1,00,000 for 12 months at the interest rate of 25% per annum you would pay: Total payable interest - ₹14,060 Total payable amount - (Loan + Total Payable Interest + Process fee) = ₹1,16, 560 (excluding GST) EMI - ₹9,505 (excluding process fee + GST) SimplyCash enables you to: ⭐️Buy a new gadget you have been dreaming for a long time ⭐️Unwind at an exotic location with your family or friends ⭐️Manage your wedding expenses ⭐️Get new furniture for your home ⭐️Meet any other emergency expenses Who can apply? • Salaried employees with or without any credit history • Self-employed with a credit history
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