Online Process
Borrowers can access the app anytime, anywhere, and apply for an instant cash loan in minutes. Through online verification, the disbursal is quick within 48 hours of a working day.
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INSTANT CASH LOAN
An instant cash loan is an unsecured mini loan where a borrower can avail small cash loans from 50,000 up to 5 lakhs. This loan is useful to meet emergency expenses such as a sudden medical condition, unplanned travel, home repair, etc. Instant cash loans are safe and ideal to manage urgent cash needs. So, if you have any short-term loan requirements, do not hesitate to apply for an instant cash loan.
Earlier, in the absence of digital platforms, loan applications took approximately 7 to 10 working days for sanction. However, today the scenario has changed for the better. Online loan application through personal loan websites and loan apps has become easy. The affordable rate of interest and flexible EMI options make the instant cash loan more feasible. Get a multipurpose instant cash loan without any collateral security to meet all your urgent cash needs.
Best Instant Cash Loan App
The answer is simple—HeroFinCorp for an instant cash loan is good because this loan app is quick and easy to use. It is freely available on the Google Play Store and is compatible with Android phones. So, if you have any small cash loan requirements, download the loan app now and begin with the loan application process, which is 100% secured to initiate. This digital loan facility is one of the leading financial service companies in India, disbursing a loan every 30 seconds. Borrowers using our loan app can avail different types of personal loans starting from INR 50,000 to 5 lakhs – marriage loan, travel loan, education loan, medical loan, home renovation loan, consumer durable loan, and top-up loan.
Those who are worried about EMIs can use the loan EMI calculator available on the app to know the instalment in advance. You can adjust the EMIs as per your budget. Try different variations of the principal loan amount, tenure, and interest rate to get accurate EMI results in seconds.
The Hero FinCorp instant personal loan app is perfect for availing instant cash loans online. Get small cash loans approved and disbursed within 48 hours. Being a limited amount of loan, instant cash loans can be repaid easily in affordable EMIs. So, be rest assured about arranging immediate money with an instant cash loan online to support financial emergencies. If you are new to taking personal loans, opt for small cash loans as the risk involved is lower, no security is required, and repayment is hassle-free.
Instant cash loans are now easy to avail anytime, anywhere, all thanks to the digital loan apps. Being small cash loans, instant cash loans are easier to repay in the given tenure with affordable EMIs. Consider Hero FinCorp for an instant personal loan because this loan app is quick and easy to use. It is freely available on the Google Play Store and is compatible with Android phones. So, if you have any instant cash loan requirements, download the small cash loan app now and begin with the loan application process. Both salaried and self-employed individuals can apply for an instant cash loan in a matter of minutes.
Features and Benefits of Instant Cash Loan
Instant cash loans or personal loans hold versatile features and benefits. These types of loans are usually quick and disbursed immediately after the application procedure is completed and approved. Instant cash loan can be trusted for many purposes, mainly for meeting urgent cash needs.
Download the Hero FinCorp instant personal loan app to avail mini cash loans online up to Rs 5 lakhs on the same day of loan application. Take the digital route to availing easy cash loans and arrange immediate money independently.
Simple Application
Online loan application does not involve a lengthy procedure. Registration via an online form requires minimum details. Ensure you fill the form correctly for moving on to the next step.
Hassle-free Documentation
Collating all the required documents and handling them until the loan procedure gets completed is a tedious task. If you go the digital way for the loan application, documentation is paperless, and verification is done in real-time.
Collateral Free
Instant cash loan requires no security in the form of a property or an asset against the loan amount.
Good Credit Score
Higher the credit score, the chances of loan approval increases. A credit score above 500 to 700 is ideal for cash loan approval.
Low-Interest Rate
Unlike home loans, the rate of interest charged is fixed and does not fluctuate. Also, payment of EMIs becomes easy, thanks to the low rate of interest.
Flexible Repayment Tenure
Using the EMI calculator, you can adjust the EMI tenure as per your convenience. The facility to choose the loan tenure avoids delays in payments.
Instant Cash Loan Eligibility Criteria
The eligibility criteria for an instant cash loan is decided based on your monthly income. Both salaried and self-employed individuals can apply for an instant cash loan. Consider the following to be eligible for an instant cash loan:
Minimum Monthly Income
Salaried or self-employed people should at least have a minimum monthly income of ₹ 15,000.
Age Limit
The minimum age limit for an instant loan is 21 years, and the maximum is up to 58 years for both salaried and self-employed customers.
Income Proof
For a loan application, keep handy 6 months’ bank statements for salaried professionals and 6 months’ bank statements with maximum transaction done for self- employed.
Required Documents for Instant Cash Loan
The need for instant cash can arise anytime. So, the documents required are minimal and paperless. In this type of loan, the lengthy procedure of documentation is averted to make loan disbursement faster. Keep your KYC details and income documents ready while posting an application for instant cash loan online. The documentation procedure is paperless that reduces the processing time for loan approval.
Essential documents for an instant cash loan:
A set of mandatory documents is necessary while making a personal loan application online. Essential documents include personal identity proof such as Aadhar and PAN card along with 6 months’ bank statements for salaried professionals and 6 months’ bank statements with maximum transaction done for self- employed for probing the financial stability of the borrower.
*Documents/details are not required to avail loans with Hero FinCorp Instant Personal Loan.
How to Apply for Instant Cash Loan
Applying for an instant cash loan is easy and quick. An instant cash loan can be used for many purposes, mainly for meeting urgent cash needs.
- 1
Enter your mobile number and area pin code
- 2
Customize your loan amount by scrolling the loan EMI calculator. It will display the principal loan amount, rate of interest, and repayment tenure adjusted as per your convenience
- 3
Add your personal, employment, and financial details
- 4
Choose your purpose for an instant cash loan
- 5
Feed the Aadhaar card number
- 6
Pan number, KYC documents & 6 months’ bank statement
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Frequently Asked Questions (FAQs)
Download an instant loan app that offers a small cash loan facility. The application is simple, involving few easy steps with paperless documentation, zero collateral and minimal eligibility criteria. All these benefits speed up the process, enabling instant loan approval in 1 hour.
Nowadays, with digital loan apps, it is not necessary to submit the proof of income in physical sense. Only a single proof such as last 6 months of bank statement is enough to prove the borrower’s ability to make the loan repayment.
An instant cash loan is known as an instant personal loan or fast cash loan that is taken for a short tenure. The advantage of an instant cash loan is that it is immediately approved and disbursed within 48 hours after verification of the submitted documents.
The procedure for applying is easy and secure. Just download and register for the Hero FinCorp instant personal loan app from the Google Play Store. Fill in the information, including your details, address proof, and employment details, and submit it for real-time verification.
Yes, you can apply for an instant cash loan via the Hero FinCorp personal loan app. Download, register, and submit the paperless documents to get the loan sanctioned and disbursed within 48 hours.
If you belong to the age group between 21 years to 58 years, with a minimum income of 15,000 along with supporting income, documents can easily apply for an instant cash loan.
The required documents for instant loan approval are:
- Aadhaar card linked to your mobile number
- Pan card
- Photo ID proof
- 6 months' bank statement for salaried individuals
- 6 months' bank statement with maximum transactions for self-employed individuals
Pay attention to the EMI reminders every month and pay instant cash loan instalments via the app, website, or any other mode of payment available with the lender. Paying the loan EMI on time increases your credit score.
There are many advantages of instant cash loans such as quick sanction, 48 hours’ disbursal, paperless documents, collateral-free, and low rate of interest.
Borrowers seeking instant loans online on an immediate basis can simply download an instant personal loan app on their smart phones. This is a digital source of availing personal loans instantly following few simple steps.
Instant cash loans are short-term loans that can be availed in just 2 days through instant personal loan apps online. Hero FinCorp is an instant personal loan app through which borrowers can get personal loans to support different financial urgencies.
A mini cash loan is an instant loan that is generally approved in less than 48 hours. It is called a mini cash loan as the loan amount is not more than a lakh or two. Hero FinCorp offers a mini cash loan up to 5 lakhs that can be repaid easily in small EMIs.
A small cash loan, also known as a mini cash loan, can be immediately approved, and disbursed online through instant personal loan apps. These digital apps enable borrowers to seek small cash loans with paperless documentation procedures and no security. Hence, download the Hero FinCorp personal loan app from the Google Play Store to get a small cash loan online immediately.