Archived App
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
About
Access instant personal loans from ₹5,000 to ₹60,000, with cash transferred to your bank account in as little as 2 hours. No credit history is required, and there are no prepayment charges.
What's New in SimplyCash
1.1.3
May 16, 2023
fix some bugs
FAQ
What is the minimum and maximum loan amount SimplyCash offers?
SimplyCash offers instant personal loans ranging from ₹5,000 to ₹60,000. This allows users to borrow small amounts for immediate needs or larger sums for significant expenses.
How quickly can I receive the loan amount after approval with SimplyCash?
Once your personal loan application is approved, the loan amount is typically transferred to your bank account within 30 minutes. The overall disbursement time can vary between 10 minutes to 2 hours.
Does SimplyCash require a credit history to apply for a loan?
No, SimplyCash explicitly states that no credit history is required to avail an instant personal loan. This makes it accessible to individuals who may not have an established credit record.
What are the interest rates and repayment terms for SimplyCash loans?
Interest rates range from 15%-24% per annum, translating to 1.2%-2% per month. The flexible repayment tenure is from 91 days to 150 days (approximately 3 to 5 months).
What documents are needed to apply for a loan through SimplyCash?
Only four documents are required: a selfie, PAN card, Aadhaar Card/Address ID proof, and a bank statement. This streamlined process aims to make loan application quick and easy.
Is SimplyCash safe to use for financial transactions?
Yes, SimplyCash follows global standards of high-level data encryption and decryption protocols to protect user data. The app is powered by AVS global Pvt. Ltd., an RBI Registered NBFC-P2P.
What is the age rating for SimplyCash?
SimplyCash has an age rating of 4+. This indicates it is suitable for a broad audience, though specific loan eligibility criteria apply to users aged 21-45.
How often is SimplyCash updated?
The latest version of SimplyCash is 1.1.3, and it was last updated on May 16, 2023. This suggests a relatively active development cycle for the application.
