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Simply Cash Loan App Review | What is Simply Cash Loan App? loan app

Simply Cash Loan App Review

As we all know that this app Hero Fin Corp Ltd. Powered by which is quite famous in the market. That's why you can trust this app completely. Avail loans with flexible tenors, attractive interest rates and minimal documentation with the SimplyCash app.

What is Simply Cash Loan App?

Simply Cash is an authentic personal loan product launched by Hero Fincorp. This mobile application was launched on 31 January 2019. This app has been downloaded more than 1 million times from the Google Play Store so far. Through this app, you can get different types of loans, for which the eligibility criteria and documents may be different. With the Simply Cash Loan app, you can get a loan of Rs 50,000 to Rs 1,50,000 by following just 3 steps.

Simply Cash App Personal Loan Types

You can avail different types of loans from the Simply Cash Loan app, which are as follows-

  • Personal Loan
  • Instant Cash Loan or Small Loan
  • Emergency Loan
  • Education Loan
  • Marriage Loan
  • Mobile Loan
  • Travel Loan

Simply Cash Loan App Benefits and Features

Instant Approval:- You get instant approval when you apply for a loan through the Simply Cash app and get a loan approval message within 1 hour.

Minimum Documents Required:- One can apply for instant personal loan with minimum documents. You can get personal loan only on KYC documents (Aadhar card, PAN card).

No Verification:- You just need to upload the original documents to get the loan amount and get instant loan approval.

Paperless Documents:- You do not need to submit physical documents for the loan. Aadhaar card, PAN card and bank account are enough to take a loan.

Flexible Repayment:- You can choose the repayment tenor from 6 to 24 months as per your wish.

Simply Cash App Personal Loan Interest Rates and Charges

Interest rate 2.08% per month (25% annually)

Processing Fee 2.5% + GST

Minimum loan tenure 6 months

Maximum loan tenure 24 months

Loan amount Rs.50,000 to Rs.1,50,000

Do read :-How To Apply For OneCard Credit Card | Onecard Credit Card

Simply Cash Loan App Key Features

Apart from the ability to get instant loans at low interest rates, the key features of the app are as follows-

  • The minimum documents are required from the customers even when applying for the loan for the first time.
  • Loan applications and approvals are processed more quickly.
  • With the help of this app, both salaried or self-employed can apply for the loan.
  • You do not have to physically submit your documents to any bank or branch to avail the loan.
  • You can get instant financial assistance ranging from Rs 50,000 to Rs 1.5 Lakh through this app.
  • Instant approval and instant credit of funds within few hours.
  • To calculate the monthly installments, use the EMI calculator which provides accurate calculations within seconds.
  • Get an instant personal loan without the need for any security or guarantor for loan approval.
  • This loan app for instant personal loan is hosted by a reputed financial services organization.

Simply Cash Loan App Eligibility Criteria

  1. The age of the applicant must be between 21 years to 58 years.
  2. The minimum monthly income of the applicant should not be less than 15 thousand rupees.
  3. Mobile number linked with Aadhaar is mandatory.
  4. Good credit history or timely loan repayment history is essential.
  5. If you are a salaried employee, it is necessary to provide company details.

Simply Cash Loan App Required Documents

  1. pan card |
  2. Proof of Residence: Aadhar Card/Passport/Voter Card/Utility Bill/Driving License.
  3. 6 Months Bank Account Statement |
  4. Salary Slip for Salaried Employee |
  5. Business details for self-employed (ITR file or trade license)

How to get a Personal Loan with Simply Cash Loan App (How to Get a Personal Loan with Simply Cash Loan App)

  • First of all, you have to download and install Simply Cash Loan App from Play Store on your smartphone.
  • Now you have to open the app and allow the permission being sought.
  • Now you have to link the mobile number and mail id with the app and click on the option of Continue to Register.
  • Now your account has been created on Simply Cash Loan App. Now click on Continue and apply for the loan.
  • Now you have to select the loan amount and EMI and click on the option of Apply For Loan.
  • Now you have to complete the KYC step by uploading your documents.
  • Now you have to verify your bank account and set up the amount and digitally sign it.
  • The loan amount is transferred to your bank account the very next day you apply for the loan.
  • In this way, you can apply for a personal loan from Simply Cash App and get the loan amount.

Now you do not need to take help from anyone else when you need money. All you need to do is download the SimpleCash app and apply for the loan. but take you

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