How to take a personal loan with Simply Cash App

By | November 11, 2022

At present, there are many people who are in need of money, if you are also a person who needs money. If yes, then you are reading the right article.

How to take a personal loan with Simply Cash App

Through this article, we will tell you about one such loan application from which you can take personal loan from ₹ 50000 to ₹ 1,50,000 then very less interest, the name of this application is Simply cash.

Simply How is a loan application on Google Play Store that allows you to give online loans sitting at home, here we will give you information about what is simply cash app, how to get loan from simply cash app, what documents to take loan Will it, what will be the eligibility criteria, how much interest rate will have to be paid, etc. If you will tell in detail other information, then you can read this article till the end.

What is SimplyCash?

Simply Cash is an authentic personal loan product launched by Hero Fincorp. This mobile application was launched on 31st January 2019. This app has been downloaded more than 10 lakh times from Google Play Store so far. Through this app, you can get different types of loans, for which the eligibility criteria and documents may vary. With Simply Cash Loan App, you can get a loan of 50 thousand rupees to 1 lakh 50 thousand rupees by following just 3 steps.

Simply Cash App is an application providing Personal Loan in India which is operated by Hero Fin Corp. This application provides instant loan facility to Salaried and Self Employed people in India whose age is between 21 to 58 and monthly income is 15 thousand.

Taking a loan from Simply Cash is a completely online process, and you can use the loan taken from here to meet your personal needs. Hero Fin Corp Ltd. is a non-banking financial company registered under the provisions of RBI on NBFCs.

Simply Cash App Personal Loan Types

You can get different types of loans from 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

How to take loan from SimplyCash App?

To take a simple cash loan is a very easy process, from applying the loan to transferring it to the bank, only a few steps have to be followed, here we have told all the steps which are followed to take an instant personal loan May go:

Step 1 – First of all we have to install Simply Cash App from Google Play Store.
Step 2 – Sign up with your mobile number.
Step 3 – Select the loan amount and select the monthly EMI
Step 4 – Enter your personal details like Name, Address, Email ID, Pincode and click on Continue.
Step 5 – Enter your employment details like Company name, Monthly Salary.
Step 6 – Upload your KYC documents like Aadhar Card, Pan Card etc.
Step 7 – Fill all your banking details like Account Number, IFSC Code.

Note: It may take some time to get the loan approved, so you have to wait.


Step 8 – As soon as the loan gets real-time approval, you have to digitally sign the e-agreement agreement.
Step 9 – Wait for some time and this loan amount is transferred to the bank specified by you.


Remember: The bank does not ask for any kind of OTP, CVV number or card details. If you receive any such call, you do not have to divulge your personal information. You have to take special care of this thing.

Simply Cash App Loan Eligibility Criteria

To take a loan on Simply Cash App, you have to fulfill all the following eligibility criteria –

  • The citizenship of the applicant should be Indian.
  • Applicant’s age should be between 21 to 58 years.
  • Applicant should be Salaried or Self Employed.
  • The minimum monthly income of the applicant should be 15 thousand rupees.
  • The credit score of the applicant should be good.
  • Simply Cash App provides loans at 88 locations in India, so you can check whether Simply Cash App provides loans at your location by visiting the official website of Simply Cash.

How much processing fee does Simply Cash Loan App charge?

  • If you apply for a loan through Simply Cash Loan App.
  • So the processing fee that you will incur will be around 2.5% of the processing fee.
  • Whatever you get through this Simply Cash Loan App,
  • How to get personal loan This apps personal gives them how it works for you.