Robocash loan: How to get and repay

Robocash.ph is a major financial institution operating in the Philippines.  It provides loans to Filipino citizens to meet their financial needs, enabling them to achieve their goals. Loans are granted at low interest rates for any purpose. Robocash  is registered under the Security and Exchange Commission. The firm's registration number is CS201730459, and you can check it up on the commission website sec.gov.ph. 

Robocash is user-friendly and easy to navigate for those who want to borrow. You can start a loan by visiting the website or mobile application.

 What kind of loans does Robocash provide?

Robocash offers monthly short-term loans from 7 to 30 days. New customers can borrow from 1000 to 10,000 pesos for up to 15 days and benefit from an interest-free loan offer. Regular customers can borrow up to 25,000 pesos for up to 30 days at a rate of 1.5% per day. Robocash offers collateral-free loans for all categories of people. The speed of credit decision making is from 15 minutes to 24 hours.

Requirements for the Robocash borrower

The loan is available to people who have the following requirements:

• You must be a Filipino citizen from 21 to 70.
• You must have a mobile phone that is working and accessible
• You must have registered on their website

Accredited online loans up to PHP 25.000 is available to people who have already settled their first loan ultimately. Only the people who are borrowing for the second time have access to big loan.

What is the difference between new and regular customers?

For beginners: Php 1,000 to 10,000 is granted for 5-15 days, payment should be made only once in the specified period. The first interest-free loan is currently available.

Returning borrower: Loan from 1,000 to 25,000 is granted for 5-30 days, payment should be made only once in the specified period. Interest rate is 1.5% per day.

What documents do I have to provide?

The only thing needed is a valid government ID, but it will be better if you can provide necessary document like COE, ITR, payslip, company ID, DTI (either with business or self-employed). If you are borrowing again, you don’t have to provide your documents unless required for further confirmation. Returning borrowers are automatically confirmed.

What is the interest on this loan service?

The amount to be repaid is on the credit calculator, which you can view before you apply. A 0% loan is available for new clients. For regular customers the rate will be 1.5% per day. The interest rate is mainly dependent on the amount you will like to borrow and the duration of the loan. There are no additional fees once you can pay in time.

Is getting a loan difficult?

It’s straightforward, just input the necessary information while you apply online, the amount you want, and how you get the money. While you do that, you need to sign the contract via the code you will receive through SMS.

Robocash will get the fund transferred to you instantly after signing.

How will I know if my application has been confirmed?

All the necessary information is in the personal account section. You will see this information after you have submitted the form, the decision will be made instantly. If your application is confirmed, the contract will be approved when you input the SMS code.

Can I cancel the application?

You can cancel the application before they sign the contract. After signing the form, you will receive the money immediately. When this happens, you will only be able to repay early with little interest. 

You can check the amount you will be paid in the robocash.ph customer service line or in your account. Suppose the contract is yet to be confirmed, forward an email to [email protected].

How long will it take for me to get the loan after Approval?

After a few seconds of the approval of the contract, the money is sent to you, and once there’s no problem with your bank. There’s every possibility you will receive the loan during the week at work hours between 8:00 to 16:00. If the application was approved at night, you might receive the loan in the morning. 

If the loan was approved during the weekend, the money will be transferred to you Monday morning.

What if my Loan application is denied?

If you are of the approved age and have repaid your loan on time as required, you probably have made a mistake. Try to fill out and send the application again. The more you include more personal data, the higher the chance that your application will be approved.

What if I have been denied the loan?

If you are of legal age and have always made credit payments on time, there may have been an error. Try once more to fill out and send the application. The more personal data you indicate, the higher the chance that your application will be approved.

How to borrow at Robocash

You can have access to Robocash loan online wherever you may be. All you need to do is make use of the internet and a government ID within 24 hours daily, any day of the week. The Loan you will have access to varies from 1,000 to 25,000 pesos. 

Here are the three easy guidelines on how to borrow money from Robocash:

1. Set up your private space on the website. You have to fill a form that will comprise your bio. What you need to get this done is your phone number and ID. Getting this done does not take long and, you will be done under a few minutes.
2. Wait for the loan decision. It will come very quickly.
3.  Sign the contract with Robocash.This is the means through which you confirm your agreement to acquire the Loan online. You are going to access the confirmation code through a message or your phone. In no time the Loan will be transferred to you.

 How to repay Robocash loan

Looking for how to repay a Loan? Yes! Here is how to.

Whenever you are ready to repay your Loan or repay an unpaid loan, what you need to do is select the easy method, which is explained as follows:

You make payment with the DragonPay system or bank transfer. After this, you follow the steps given.Customers often have questions about how to pay with Dragon Pei, so we will tell about it in detail. To pay with Dragonpay,  take a few steps.

1. Input your password and phone number used in registration. Click Repay.
2. You will be directed to the DragonPay payment system.
3. Choose the payment option of your choice:

1. Online banking
2. ATM-based payments. Banks supported for this channel.

1. Enter the required amount according to the loan agreement.

There is a chance for you to extend your payment plan if you realize you can’t settle the loan at the agreed time. For you to extend your Loan, log on to your page using your registered telephone number and password. 

If you have an unpaid Robocash loan

If you have unpaid Robocash loan, or you are yet to repay an unpaid loan it is going to affect your credit history, and you must make every effort to repay unpaid Robocash Loan on time without any delay. This is because there’s a penalty for delay in payment of Loan. Try a much as possible not to play hide and seek with the organization’s employees, rather you can start to pay up your loan in installments.

 If you are facing any problem whatsoever, and you realize you will not be able to settle the loan, or repay an unpaid loan you can inform the organization and provide the proof. I would like to tell you the best way out is to settle your Loan on time.