Instant cash loans are the easiest form of personal loans available these days. Even the first-time borrowers feel confident while applying for a personal loan online through instant loan apps. Many see instant cash loans with disbelief as to how a considerable amount of money can be sanctioned in one single day. But, its good to be true! The concept of Instant cash loans actually exists where people in need of urgent/immediate finance can simply apply online through instant cash loan apps.
Apply for easy loan online for personal purposes such as weddings, medical emergency, home renovation or travelling abroad. Experience the required peace of mind with instant cash loan facility and meet your current financial needs. No collateral is required as instant cash loans are unsecured loans and require no guarantee.
So, why should you choose instant cash loans online:
Instant approval
Paperless documentation
Easy repayment structure
Affordable interest rate
No collateral required for loan sanction
Complete digital process
No prepayment required
Quick disbursal in the bank account
Borrowers can apply for cash loan online through various financial institutions and non-banking financial companies (NBFCs) via their credit websites, instant loan apps, customer care assistance or personally visiting the branch.
Instant Cash Loan Eligibility Criteria
Whether the loan is for 50,000 or 1 lakh, borrowers should check the eligibility criteria before applying for instant cash loans:
Age criteria: Borrower should be between 21-58 years
Minimum monthly income for salaried: Applicant should at least earn a minimum amount of Rs.15,000 monthly
Minimum monthly income for self-employed: Minimum earning should be Rs.15,000 monthly and six months bank statement is compulsory.
Mandatory Documents for Instant Cash Loan
Submission of mandatory documents for an instant short-term loan requires:
Aadhar card is the basic document when applying for instant cash loan
In the absence of Aadhar card and PAN card, you may delay the loan application and only apply when correct KYC details are in place.
Other important documents include your professional and financial details inclusive of income statements
Your account should be in any of the accepted banks as suggested by the financial institution/instant loan apps
How to Apply for Instant Cash Loan?
The steps may vary depending upon the loan aapp you select. However, here are some basic steps that cover an instant loan application:
Download instant cash loan app from Google Play Store
Register with basic details – email id and mobile number
Enter the loan amount required and tenure in the EMI calculator
Flexibly set the desired EMI to be repaid every month
On verification of E-KYC details and income documents, loan is approved in few hours
Disbursal of the sanctioned loan amount is done in the registered bank account in a single working day.

Simply Cash instant cash loan app by HeroFinCorp is ideal for small cash loans up to 1.5 lakh. No paper work, no lengthy procedures, simply download the app, complete the easy application and get money in your bank account.