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.
Personal Loan EMI Calculator
Get Instant Cash Loan Online Upto 5 Lakh
Hero FinCorp offers collateral-free instant cash loans of Rs 50,000 to Rs 5 Lakh to manage planned or urgent needs like home repairs, travel plans, or wedding expenses. Due to their online application with instant approval and quick disbursal facilities, these unsecured urgent cash loans are the best funding options for unforeseen expenses.
The competitive interest rates starting from 1.58% per month and flexible repayment terms of 12 to 36 months keep the EMIs easily manageable. You can use the online EMI calculator, which is available on the Hero FinCorp website, to compare loan terms and choose a tenure with budget-friendly instalments. Both salaried and self-employed individuals are eligible for a quick cash loan from Hero FinCorp to fulfil urgent cash needs, fulfil dreams, or achieve their financial goals.
Best Instant Cash Loan App
Hero FinCorp offers collateral-free instant cash loans of Rs 50,000 to Rs 5 Lakh to manage planned or urgent needs like home repairs, travel plans, or wedding expenses. Due to their online application with instant approval and quick disbursal facilities, these unsecured urgent cash loans are the best funding options fo-r unforeseen expenses.
The competitive interest rates starting from 1.58% per month and flexible repayment terms of 12 to 36 months keep the EMIs easily manageable. You can use the online EMI calculator, which is available on the Hero FinCorp website, to compare loan terms and choose a tenure with budget-friendly instalments. Both salaried and self-employed individuals are eligible for a quick cash loan from Hero FinCorp to fulfil urgent cash needs, fulfil dreams, or achieve their financial goals.
Features and Benefits of Instant Cash Loan
Instant cash loans or personal loan 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.
Eligibility Criteria for Instant Cash Loan
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.
Documents Required 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.
Required Documents for Salaried
Mandatory Documents
Filled loan application form, passport-sized photograph
Identity Proof
Driving Licence, Passport, PAN (mandatory), Aadhaar
Residence Proof
Driving Licence, Passport, Aadhaar, Ration Card, Utility Bill
Residence Ownership Proof
Electricity/Maintenance Bills, Property Documents
Income Proof
3 months’ salary slips, 6 months’ bank statement (salary account), Form 16
Job Continuity Proof
Loan requirement details
Required Documents for Self-Employed
Mandatory Documents
Filled loan application form, passport-sized photograph
Identity Proof
Driving Licence, Passport, PAN (mandatory), Aadhaar
Residence Proof
Driving Licence, Passport, Aadhaar, Ration Card, Utility Bill
Office Address Proof
Maintenance Bill, Utility Bill, Property Documents, Rent Agreement
Income Proof
6 months’ bank statement, 2 years’ ITR
Business Existence Proof
Tax Registration, Shop Establishment, Company Registration Certificate
Interest Rate and Charges for Instant Cash Loan
Small Personal Loans come in handy in times of immediate financial needs. However, be mindful of the associated expenses so you don't struggle to repay them later. One way to ensure stress-free repayment is to check the applicable interest rates and charges. Here is a brief outlook of the total loan cost:
How to Apply for Instant Cash Loan Online?
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
Visit the Hero FinCorp website or install the loan app
- 2
Go to the Personal Loan page and click ‘Apply Now’
- 3
Enter your mobile number and verify with the OTP received
- 4
Choose the loan amount you need
- 5
Verify your KYC details to check income eligibility
- 6
Click ‘Submit’ to complete your application
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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.