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Regular days becomes chaotic when an emergency situation arises, demanding finances that currently you don’t have. You consider a personal loan as an option to fill the financial gap but what if you can’t shed those extra hours to visit the lender’s branch or office to apply for a loan as you are already occupied with activities pertaining to the emergency situation.

In such tight scenarios, what helps you to balance the situation is an instant cash loan app. The personal loan apps are convenient sources to borrow money from the comfort of your home. Digital innovation has enabled financial institutions and NBFCs to launch personal loan apps online that help with instant loan approval anytime, anywhere. The hassles of personally visiting the lender for a loan application no longer exist as the loan application can be instantly submitted via instant cash loan apps.

HeroFinCorp by Hero FinCorp is one such innovation in the personal loan industry helping borrowers with an instant cash loan from the comfort of their homes. Both self-employed and salaried individuals can avail of instant cash loans via HeroFinCorp in 5 simple steps:
 
  1. Install HeroFinCorp instant loan app from Google Play Store
  2. Register with your email id and mobile number
  3. Set an EMI on the EMI calculator, considering the loan amount, interest rate, and tenure
  4. Verify the loan application with E-KYC documents
  5. Get loan approval instantly on verification of the submitted documents

Loan disbursal is initiated in the borrower’s bank account within 24 hours of time. So, it’s this simple to apply for an instant cash loan via HeroFinCorp from the comfort of your home.
 

Eligibility Criteria and Documentation for HeroFinCorp Instant Loan


Following the below eligibility criteria to avail an instant cash loan from Rs.50,000 to Rs.1.5 lakhs via HeroFinCorp loan app:


Age criteria

Borrower should be between 21 – 58 years

Minimum monthly income

Borrower should at least earn a minimum amount of Rs.15,000 monthly

Income proof

6 months bank statement of a salaried or personal account

Citizenship

Borrower should be an Indian by nationality
 

Submission of mandatory documents for an instant loan

 
  • Aadhar card and PAN card are mandatory documents for E-KYC verification. Depending upon different lenders, financial companies, and NBFCs, the documents, pre-requisites, interest, and processing fee differs. But what remains constant is the KYC document of a borrower.
 
  • Credit score is also verified considering the PAN card details. This gives an assurance of a borrower’s creditworthiness and repayment ability.

An instant cash loan is a flexible loan that is not restricted to a particular purpose and can be used to cover a variety of financial needs such as medical bills, education fees, extravagant wedding expenses, renovation, and repair costs. Small to medium-sized businessmen can also opt for an instant loan of up to 1.5 lakhs via HeroFinCorp quick cash app to fix the ongoing financial issues.
So, to avoid the time-consuming loan processes and high-interest rates, instant personal loan apps are apparently an ideal option for immediate cash loans from the comfort of your home.
 

Did You Know

Disbursement

The act of paying out money for any kind of transaction is known as disbursement. From a lending perspective this usual implies the transfer of the loan amount to the borrower. It may cover paying to operate a business, dividend payments, cash outflow etc. So if disbursements are more than revenues, then cash flow of an entity is negative, and may indicate possible insolvency.

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