If you are in urgent need of an amount of money from 1 to 10,000, then Robocash is the right choice for you. Quick loan Robocash only need ID card, 0% interest rate for first time borrowers, register completely online. So how to borrow? You refer to the article.
Table of Contents
Information of Robocash Online Loan
| Loan form | Loan Online on Website |
| Document required | ID card |
| Support Area | Nationwide |
| Age | 21 – 70 |
| Loan | 1,000 – 10,000 PHP |
| Lending term | 7-90 days |
| Interest | 143%/year |
| Disbursement time | 10 minutes |
| Offers | 0% interest on first loan within 7 days |
| Apply Robocash now | |
What Is Robocash?
Robocash operates through the website Robocash.ph, owned by Digido Finance Corp. The company is headquartered at: 187 Bonny Serrano Road. Robocash is a smart and convenient fast loan application today.
Robocash has overcome the disadvantages of traditional forms of borrowing money, which is a completely automatic application process and review. Robocash has applied Fintech technology to these processes. Therefore, customers can easily get a loan with only 10 minutes of registration and approval, with a limit of up to PHP 25,000.
From 8th August, Robocash changed the name to Digido. Here is the official announcement on the website.
Company information Robocash Philippines (Digido)
- Name: DIGIDO FINANCE CORP.
- SEC Registration: No. 202003056. Certificate of Authority No. 1272
- Address: UNIT 2/C, Murphy Center, 187 Bonny Serrano Road, Socorro, QUEZON CITY SECOND DISTRICT, NCR, Philippines 1109
- Email: support@robocash.ph
Robocash Online Loan Reviews
Robocash quick loan will also have the following advantages and disadvantages:
Advantages of Robocash
Robocash quick loans have the following advantages:
- Apply for a loan online quickly and conveniently.
- Loan limit from 1 to 10,000 PHP.
- No need to mortgage assets, guarantors.
- Quick disbursal time.
- Customer information is confidential.
Disadvantages of Robocash
Besides the above advantages, Robocash quick loan also has some limitations such as:
- The maximum limit is only 10,000 PHP for new client, suitable for small consumers if they want to borrow a larger amount, Robocash cannot support.
- The term is only up to 6 months, can not be met if you want to borrow longer.
Robocash Loan Limits and Periods
Robocash fast loan limit, the minimum is 1,000 PHP and the maximum amount is 10,000 PHP for the loan term from 3 to 6 months. Depending on the customer and loan period for Robocash to consider a reasonable loan limit.
Robocash Online Loan Interest Rate
Robocash quick loan is similar to other fast loan applications, the applicable interest rate is 0% for first time borrowers, the maximum limit is 10,000 PHP in 7 days.
From the 2nd loan onwards, the applicable interest rate is 143%/year (APR) with loan service fee. This interest rate is also quite reasonable to help you save time on registration and waiting for appraisal compared to banks.
Eg:
You apply for PHP 20,000 and choose repayment over 6 months, your monthly payment will be only PHP 5,000 per month, your total cost of the loan will be PHP 2,383 per month (APR = 143%) *
How to loan Robocash guideline
When you want to apply for an installment loan, just need an ID card at Robocash, you need to go through the following steps:
Step 1. Choose Amount To Borrow
Once you visit Robocash’s website, you choose to apply for a loan limit. When borrowing for the first time, you only choose the maximum loan amount of PHP 10,000 with 0% interest rate, free of charge.
Step 2. Fill in Personal Information
Next, you fill in personal information such as:
- Full name
- Phone number
- Password.
All of this information needs to be accurate and consistent. Then you select “I have read and agree to the terms of use of the website” and select “Continue”.
Step 3. Address Verification
Next, a 4-digit verification code will be sent to your phone, you choose to confirm and provide additional information such as: ID card/passport, facebook, zalo, etc. in use.
Next, you fill in your current address including province/city, county/district, street, house number, etc. and provide other documents such as health insurance, tax code, etc. You need to fill in the complete information. loan approval will be high.
Step 4. Job Information
In this section, you fill in your job and relative’s information for Robocash to support the loan. Fill in the phone number, work place and contact phone number of your loved one.
Information will be kept confidential by Robocash, so you can rest assured that your information will not be disclosed.
Step 5. Fill in Bank Account Information
You need to provide a bank account number for Robocash so that after the application is approved, the money will be disbursed there, requiring the bank account to be the owner to receive money quickly.
Step 6. Upload ID card
Next, Robocash will ask you to provide a clear ID photo and your portrait. You take 2 sides of your ID and attach a photo holding your ID card for reference.
Step 7. Appraisal and Disbursement
Once approved, you need to enter your bank account number for quick disbursement within 10 minutes.
Robocash Loan Contract Repayment Instructions
When borrowing money quickly Robocash you should pay on time to avoid additional fees. Currently, Robocash is supporting loan payment by bank transfer or cash payment. You can visit the website and access the “Repayment” function to process.
Frequently asked questions about Robocash
What does Robocash online loan application include?
Loan application is very simple, just need ID card. However, if additional health insurance, labor contracts, salary statements, etc. application rate will be high.
What is the loan limit?
Robocash supports a maximum limit of 10,000 PHP for the first loan, from the second time onwards, a maximum support of 10,000 PHP for the loan.
How long is the loan period?
Loan period from 7 to 90 days.
What is the loan interest rate?
0% interest rate for the first time, 143%/year for the second time + service fee for the next loan.
When is the loan application disbursed?
After the application is approved, the customer is disbursed.
Is it possible to close the application early?
Customer completely, this helps customers increase their credit score and get preferential treatment for their next loan.
Can the next loan limit be increased?
“Robocash” will automatically raise the loan as soon as you pay off the current loan. Subsequent loans are available as soon as the previous loan is paid.
Can I cancel my loan application?
Customers can cancel the loan application at any time before the time of signing the contract. Just contact Robocash Customer Service to request loan cancellation.
Conclusion
Above is all information related to Robocash fast loan. Surely you have consulted for yourself a reasonable loan plan. If you have any questions, please call Hotline Robocash for dedicated advice.
See also: MoneyCat – Fast Online Loan 0% Interest Rate Only ID Card
