Personal Loan App & Instant Cash Loan – Simplycash

By Author: Ankit Verma
Total Articles: 23
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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