For instant disbursement of your individual Loan, be sure to keep carefully the information that is following:
For those who have taken that loan with SimplyCash, you can view the current status of your loan account into the ‘Active loan status’ section.
How secure may be the given information given by me personally?
SimplyCash makes use of Secure Socket Layers (SSL) data encryption criteria to make sure that there’s absolutely no misuse of any information provided by customers. Also as being element of HeroFinCorp , we stay glued to all applicable RBI instructions and regulations.
What are my loan tenure choices?
It is possible to pick various loan tenure choices according to your requirement, which range from half a year to a couple of years according to the EMI amount you like.
What’s an EMI?
An EMI or equated monthly instalment could be the similarly split month-to-month instalment that is compensated towards clearing away a superb loan in a period that is stipulated.
what’s period that is broken?
In case the initial due date for repayment of EMI is over time of 1 month through the date of disbursement associated with the loan quantity, the excess amount of days beyond this era is recognized as the broken duration. an interest that is upfront deducted with this broken duration through the loan quantity during the time of disbursement.
which are the forms of price of passions offered?
Fixed interest could be the only sort of price of interest which is provided for several SimplyCash loan requests.
How could be the interest charged/ calculated?
Interest percentage is calculated month-to-month utilizing a reducing balance technique. We think about a 30 day thirty days and 360 day 12 months for interest calculations.