In recent years, taking a loan has become instant with the innovation of online
loan apps and credit websites. Several financial institutions realized the need for instant credit and supported it practically with online loans via loan apps easily available on the Google Play Store.
One such instant loan app is the Herofincorp loan app backed by Hero FinCorp. This cash loan app is a completely digitized platform for all your immediate financial needs. Herofincorp personal loan provides instant cash loans for various reasons like - family functions, home renovation, bulk shopping, travel, medical, and many other purposes.
Herofincorp offers funds starting from Rs.50,000 – Rs.1,50,000, approved with real-time verification in 60 seconds. If there are any short-term goals that you can achieve with small cash loans, Herofincorp can be considered as the best loan app.
How Do You Get Instant Cash Loan Approval Within 60 Seconds Via Hero FinCorp?
Below are some reasons that will benefit the borrower with instant loan approval in 60 seconds with the Herofincorp app:
No Collateral
Most loans are secured loans and need security against loans like home loans and gold loans. An instant cash loan is an unsecured loan and therefore does not require any guarantor or security against a
personal loan. Consequently, you can easily apply for a cash loan without difficulty or stress, keeping your asset as collateral.
Personal Loan Eligibility Calculator
It is advisable to check the loan eligibility before submitting the loan application. Herofincorp loan app has an in-built personal loan eligibility calculator. Several factors determine your instant cash loan eligibility, such as age, income, location, credit history, tenure, and other financial obligations. Once you enter your details, the calculator will evaluate and display the loan amount you are eligible for.
Loan EMI Calculator
Another important feature of the cash loan app is that borrowers can flexibly set their EMIs based on the repayment capacity. Once you are confident about the EMI amount, it is easy to proceed with the loan application.
Paperless Documentation
No physical documentation is required while applying from Herofincorp instant loan app. The only documents needed are your Aadhar card/ PAN card/ Smart card driving license for quick approval in 60 seconds.
Minimum Eligibility Criteria
The required eligibility criteria are not stressful for the borrowers:
- Age between 21 - 58 years.
- You should earn a minimum income of Rs.15,000 per month.
- Last six months bank statement or most bank transactions of salaried or self-employed individuals
How to Apply for an Instant Cash Loan in 60 Secs with the Hero FinCorp Loan App?
You can easily install Herofincorp instant personal loan app on your smartphone. With the following simple steps, you can get an instant cash loan in seconds:
Step 1: Enter your mobile number or email id for OTP verification
Step 2: Choose the required loan amount, preferred tenure, and EMI with the help of a loan EMI calculator
Step 3: Complete your paperless KYC process
Step 4: Fill in the application form with your particulars
Step 5: Sign & submit the e-mandate and loan agreement digitally
Step 6: Get the loan amount directly credited into your bank account
Hence, nowadays with the ease of technology, it is very much possible to avail of an instant loan in just 60 seconds.
