Apply for Instant Cash Loan Online

Posted by Ankit Verma on October 21st, 2021

Have you ever missed a bus, train, or a flight by few minutes? Did this affect your day ahead? Your absence at certain places does make a difference and may take away significant opportunities if not reached on time. Likewise, getting a personal loan just in time is very important to sustain certain situations in life that demand timely financial assistance. For instance, a medical emergency if not attended with timely funds can be life-threatening.

To avoid such scary situations, apply for an instant cash loan online and emerge as a winner amidst difficult situations. An instant cash loan is actually the same-day loan service that facilitates instant approval and disbursal in no time.

The procedure to avail of an instant cash loan online involves:

-  Check for the best loan apps online on Google Play Store

-  Shortlist anyone based on eligibility criteria, interest rate, tenure, and documentation.

-  Download the loan app on your smartphone or visit the lender’s website/credit portal to start with the loan application.

-  Follow the self-guided procedure to begin the instant loan application online

-  Keep your KYC documents handy for paperless verification of documents

-  Use the EMI calculator to derive a suitable EMI to be paid every month easily

-  Once the verification is done, approval takes few seconds and the amount gets disbursed in a single working day, directly in the borrower’s bank account.

Many people hesitate to consider the safety of online instant loan apps. Being a first-time borrower online, you will naturally have the fear of getting into a mess. However, the authenticity of instant loan apps can be judged based on the source from where it is downloaded, customer reviews, app ratings, and overall quality of the lone app. This makes it evident whether an instant loan app is worth considering or not.

Both salaried and self-employed individuals with a minimum monthly income of INR 15,000 can apply for a personal loan. No collateral is required as instant loans are unsecured loans and require no guarantee.

For more assurance, Let’s see the prominent benefits of using instant cash loan apps available online:

Collateral free loan takes off the load of arranging a security against a loan. This eliminates the major formalities in the loan process and cuts lengthy procedures.

No physical documentation is required for loan processing. Only keep your Aadhaar and PAN card number handy to move ahead with the instant cash loan procedure.

Quick Verification: Online loan application is faster and takes only a few minutes to complete. Verification of KYC details is mostly done in real-time which speeds up the sanction and disbursal process, generally in 48 hours.

Security: Personal details, mandatory documents, and income proofs are kept confidential to preserve the security of the borrowers. Hence, it is advisable to use a reliable instant loan app such as SimplyCash.

SimplyCash by Hero FinCorp brings one of the best instant cash loan facilities at an affordable interest rate. Borrowers can avail of same-day cash loans between Rs.50,000 to 1.5 lakhs. Being a small cash loan, it can be repaid gradually with easy EMIs in a period of 6 to 24 months.