Instant Cash Loans | Apply for Small Personal Loans Online (2024)

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Instant Cash Loans | Apply for Small Personal Loans Online (10)

An instant cash loan is an unsecured mini loan where a borrower can avail small cash loans from 50,000 up to 3 lakhs. This loan is useful to meet emergency expenses such as a sudden medical condition, unplanned travel, home repair, etc. Instant 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 application 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 loan more feasible. Get a multipurpose instant loan without any collateral security to meet all your urgent cash needs.

Instant Cash Loans | Apply for Small Personal Loans Online (14)

Instant Cash Loans | Apply for Small Personal Loans Online (15)

Best Instant Cash Loan App

The answer is simple—HeroFinCorp for an instant 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 instant 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 3 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 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 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 loan is now easy to avail anytime, anywhere, all thanks to the digital loan apps. Being small cash loans, instant loan is 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 loan requirements, download the instant 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 3 lakhs on the same day of loan application. Take the digital route to availing easy cash loans and arrange immediate money independently.

Instant Cash Loans | Apply for Small Personal Loans Online (16)

Online Process

Borrowers can access the app anytime, anywhere, and apply for an instantcash loan in minutes. Through online verification, the disbursal is quick within 48 hours of a working day.

Instant Cash Loans | Apply for Small Personal Loans Online (17)

Simple Application

Online loan application does not involve a lengthy procedure.Registration via an online form requires minimum details. Ensure you fill the form correctlyfor moving on to the next step.

Instant Cash Loans | Apply for Small Personal Loans Online (18)

Hassle-free Documentation

Collating all the required documents and handling them untilthe loan procedure gets completed is a tedious task. If you go the digital way for the loanapplication, documentation is paperless, and verification is done in real-time.

Instant Cash Loans | Apply for Small Personal Loans Online (19)

Collateral Free

Instant cash loan requires no security in the form of a property or an assetagainst the loan amount.

Instant Cash Loans | Apply for Small Personal Loans Online (20)

Good Credit Score

Higher the credit score, the chances of loan approval increases. Acredit 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 notfluctuate. 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 asper 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:

  • Instant Cash Loans | Apply for Small Personal Loans Online (21)

    Minimum Monthly Income: Salaried or self-employed people should at least have aminimum monthly income of ₹ 15,000.

  • Instant Cash Loans | Apply for Small Personal Loans Online (22)

    Age Limit: The minimum age limit for an instant loan is 21 years, and the maximum is up to 58 years for bothsalaried and self-employed customers.

  • Instant Cash Loans | Apply for Small Personal Loans Online (23)

    Income Proof: For a loan application, keep handy 6 months’ bank statements for salariedprofessionals 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 disbursem*nt 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.

  • 1

    Aadhaar Card Number linked to your Mobile number for one-time password verification or Smart Card Driving License

  • 2

    Pan card Number

  • 3

    Address proof like Aadhaar or Smart Card Driving License (anyone)

  • 4

    Photo ID proof –Name, age, gender, photo*

  • 5

    Income proof – 6 months’ bank statement

  • 6

    Loan requirement details

*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 formany purposes, mainly for meeting urgent cash needs.

Instant Cash Loans | Apply for Small Personal Loans Online (24)

  • Enter your mobile number and area pin code

  • Customize your loan amount by scrolling the loan EMI calculator. It will display theprincipal loan amount, rate of interest, and repayment tenure adjusted as per yourconvenience

  • Add your personal, employment, and financial details

  • Choose your purpose for an instant cash loan

  • Feed the Aadhaar card number

  • Pan number, KYC documents & 6 months’ bank statement

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FAQs

How can I get an instant loan in 1 hour?

How can I get an instant loan without proof of income?

What is Instant Cash Loan?

How to Apply for Instant Cash Loan?

How can I apply for instant cash loan through Hero FinCorp?

Am I Eligible to Apply for Instant Cash Loan?

What are the Required Documents for Instant Cash Loan?

How can I Pay Instant Cash Loan?

What are the Advantages of Instant Cash Loan?

How can I get instant loan online instantly?

How can I get instant cash loan?

How do I get a mini cash loan?

How can I get a small loan online immediately?

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Instant Cash Loans | Apply for Small Personal Loans Online (2024)

FAQs

What is the easiest loan to get immediately online? ›

Payday, car title and pawn shop loans, as well as credit card cash advances, can offer same-day funding. Some personal loan lenders also offer more or less instant approval and funding. Applying for a personal loan online will likely be the most secure, fastest and easiest way to get a loan.

How to get a loan when no one will approve you? ›

If you need money fast, here are some alternatives to consider when you can't get a loan.
  1. Research peer-to-peer lending.
  2. Explore loans from friends and family.
  3. Look at pawnshop loan options.
  4. Compare credit card cash loans.
  5. Seek information about government assistance programs.
Mar 20, 2024

How can I get an instant loan immediately? ›

Get instant personal loans upto ₹5 lakhs
  1. Enter a few details and check your eligibility.
  2. Finish your online application on the LazyPay app.
  3. Get XpressCash instantly in your bank account.

How to borrow $500 quickly? ›

You can get a $500 loan via a personal loan, payday loan, payday alternative loan, cash advance app, or credit card cash advance. However, some options are better than others. Some small loans come with high costs that can cause financial hardship.

What app lets you borrow money ASAP? ›

Summary of cash advance apps
Loan appLoan amountSpeed without paying a fee
Varo$20 to $500.Instant.
DaveUp to $500.Up to 3 days.
MoneyLionUp to $500.1 to 5 days.
SoLo Funds$20 to $575.Approval takes up to 3 days. Funding takes minutes.
4 more rows
May 15, 2024

How to get money when desperate? ›

Once those subside, you'll find there are ways to get your hands on quick cash, without falling prey to scams.
  1. Sell spare electronics. ...
  2. Sell your gift cards. ...
  3. Pawn something. ...
  4. Work today for fast cash today. ...
  5. Seek community loans and assistance. ...
  6. Ask for forbearance on bills. ...
  7. Request a payroll advance.
Dec 19, 2023

How to get a loan when everyone denies you? ›

Paying down debts, increasing your income, applying with a co-signer or co-borrower and looking for lenders that specialize in loans within your credit band could increase your approval odds.

Who will accept me for a loan when no one else will? ›

Fair Finance is a direct lender. This means there is no middle man involved, such as a credit broker, agent or financial advisor. If you want to take out a personal loan with us, you apply to us directly. We then make the lending decision without needing to involve anyone else.

Who will give a loan to me? ›

Personal Loan Eligibility Criteria of Top Banks & NBFCs
LendersEligible Loan AmountMinimum Eligible Income
HDFC BankUp to Rs 40 LakhRs. 25,000 per month
ICICI BankUp to Rs 50 LakhRs. 30,000 per month
IDFC First BankUp to Rs 1 CroreOn a case by case basis
IndusInd BankRs 30,000 – Rs 50 LakhRs. 25,000 per month
11 more rows
Mar 21, 2024

How can I get immediate money? ›

9 ways to get fast cash
  1. Personal loans. A personal loan can give you cash fast. ...
  2. Lines of credit. Taking out a line of credit can help you get cash when needed without taking out more than you need. ...
  3. Payroll advance loans. ...
  4. Credit card cash advance. ...
  5. Retirement account loans. ...
  6. Life insurance loans. ...
  7. Community loans. ...
  8. Title loans.
Dec 8, 2023

How to get instant personal loan without documents? ›

Eligibility Criteria for a Document-free Personal Loan:
  1. Age and Residency: You should be over 20 years of age and residents of India.
  2. Employment Status: The Loan is available to salaried individuals with a regular monthly income.
  3. Credit Score: A good credit bureau score is a prerequisite for Loan approval.

How can I get a loan very fast? ›

Specta is an online lending platform that gives you loans of up to 5 Million in one transaction all within 5 minutes! No collateral, no paperwork and no visit to any office. With Specta, you can take care of urgent personal and business needs anywhere, anytime.

What is the easiest loan to get immediately? ›

What is the easiest loan to get approved for? The easiest types of loans to get approved for don't require a credit check and include payday loans, car title loans and pawnshop loans — but they're also highly predatory due to outrageously high interest rates and fees.

How to borrow money when you are broke? ›

  1. Banks.
  2. Credit unions.
  3. Online lenders.
  4. Cash advance apps.
  5. Cash advance from a credit card.
  6. Buy-now, pay-later apps.
  7. 401(k) retirement account.
  8. Family and friends.
Apr 26, 2024

Which bank gives instant personal loans? ›

The Loan approval process at ICICI Bank is simple, quick and instant. Once a customer's Personal Loan is approved, it takes only 3 seconds for the amount to be disbursed into your Account.

How can I borrow money and get it instantly? ›

If you need to borrow money immediately, the most popular options are personal loans, cash advances online, payday loans, pawn shop loans, and banks or credit unions.

Which type of loans are usually the easiest to get? ›

Some of the easiest loans to get approved for if you have bad credit include payday loans, no-credit-check loans, and pawnshop loans. Personal loans with essentially no approval requirements typically charge the highest interest rates and loan fees.

Which bank gives a loan easily? ›

HDFC Bank offers pre-approved loans to customers in 10 seconds flat*. Non – HDFC Bank customers can get loans in 4 hours.

Which loan company is best for bad credit? ›

Best Bad Credit Loans Of June 2024
CompanyForbes Advisor RatingAPR range
LendingPoint4.07.99% to 35.99%
Universal Credit3.511.69% to 35.99%
Upstart3.57.80% to 35.99%
Avant3.59.95% to 35.99%
2 more rows
3 days ago

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