Simply Cash Personal Loan- Get Up to 1.5 Lakh

SimplyCash, a Hero FinCorp-sponsored online personal loan software, can help you acquire a fast personal loan.

Get an instant personal loan up to 1.5 lakh with a low interest rate.

Simply Cash Personal Loan Quick Recap

Interest rate2.08% per month or 25% p.a.
Loan AmountFrom 50,000 to  1.5 lakh
Credit ScoreMinimum 650 or above
Loan TenureFrom 6 months to 24 months
Eligibility Age21 to 58 years
Income RequiredRs. 15000/- Per month
Processing Fees2.5% + GST
Eligible ForSelf Employed/ Salaried Person

What is Simply Cash?

Simply cash is an app-based personal loan provider powered by Hero FinCorp. Apply for a personal loan through the Simply cash app. Get a loan from Rs. 50,000 to 1.5 lakh.

Simply Cash offering a low interest rate with minimum documents.

Simply Cash Loan Benefits & Features

Instant Approval: Get instant approval through the Simply cash app. You will get the approval message within 1 hour.

Minimum Documents Required: Apply for an instant personal loan with minimum documents. Simply cash gives personal loans over KYC documents (Aadhaar Card, Pan Card).

No Verification: simply cash is noting going to verify your business. Just upload basic documents & get instant loan approval.

Paperless Documents: Don’t need to submit physical documents. Aadhaar Card, Pan Card & bank account is enough to get the loan.

Low-Interest Rate: Simply cash offering a lower interest rate of 2.08% per month. This interest rate will apply to only used loans.

Flexible Repayment:  Choose a repayment period ranging from 6 to 24 months. You can choose flexible repayment tenure as you wish.

No Security: This loan is available without any security. You can apply easily with minimum documents.

Simply Cash Interest Rate, Charges & Fees

Interest rate2.08% per month (25% yearly)
Processing fee2.5% + GST
Minimum Loan Tenure6 months
Maximum Loan Tenure24 months

Simply Cash Personal Loan Eligibility

  1. The applicant must be between the ages of 21 and 58.
  2. The minimum monthly income should be Rs.15,000
  3. An aadhaar linked mobile number is required.
  4. Good credit history or timely loan repayment history required.
  5. If you are a Salaried Employee, company details are needed.
Also Read: Hero Fincorp Personal loan up to 5 lakh 

Simply Cash Documents Required

Following documents are required for Simply cash loan:

  1. Pan Card
  2. Address Proof: Aadhaar Card/ Passport/ Voter Card/ Utility Bill/ Driving Licence
  3. 6 months Bank Account statements
  4. Salary Slip for Salaried Employee
  5. Business details (IT file or Trade License) for self-employed.

Loan Amount Simply Cash Provides

If you are eligible, you can get Rs. 50,000 to 1.5 lakh loan. It will depend on good credit history & good cibil score.

Uses of Simply Cash Personal Loan

You can use eligible loan amounts on various expenses:

  • Wedding Expenses
  • Home decoration
  • Rent & other expenses
  • Online shopping
  • Travel Expenses
  • Pay your monthly EMI
  • Others Expenses

How to Apply for Simply Cash Loan

Follow the step by step process to apply for Simply cash loan:

Step 1 Install Simply cash from the play store.

Step 2 Enter your Email id & mobile no. After that, click on Continue to register button.

Step 3 After successful registration, click on continue.

Step 4 Now, select a Loan amount, EMI, and apply for a loan. You have the option of increasing or decreasing the loan amount.

Step 5 Complete the 3 simple steps to get the loan amount.

Step 6 submits 3 documents (Bank account, Aadhaar Card & Pan Card).

After submitting all the documents & verify them through Aadhaar OTP, the bank will check credit history. If you have a good credit history, you will eligible for this loan.

Simply Cash Customer Care Number

If you have any queries, you can contact customer care through the different methods:

Email ID: [email protected] / [email protected]

Customer Care Number: 1800-102-4145 (Toll-Free) 

FAQs of Simply Cash Personal Loan

Is the Simply Cash app is safe?

Yes, the Simply cash app is 100% safe. This app is powered by Hero Fincorp. You all submitted documents will save & secure.

If I am rejected by the Simply cash app, after how many days Can I reapply?

You can reapply after 30 days.

How do I get quick approval?

If you have a good credit history or repayment history, you will get quick approval.

How to see loan approval status?

You can see the loan approval status on the Simply Cash app. Sometimes, it’s taking 4-5 days to generate a loan agreement form.

What is the EMI date of the Simply Cash loan?

Simply Cash loan EMI date is 8th of every month. Money will be auto-debit from your bank account.

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