Robocash Information You Should Know

Robocash loan is a online loan service with simple application, just need ID card, 0% interest rate support for the first time.If you are in urgent need of finance from 10.000 – 25.000 PHP, Robocash is an option you should care about. In this article, Fastloans.PH will guide you how to apply for a loan online on the Robocash application simply and quickly with some information such as:

• Loan interest rate at Robocash
• Requirement and loan application at Robocash
• 0% interest rate incentives period at Robocash

Get Cash From Robocash now

About Robocash

Robocash can be seen as the earliest online money loan application in Philippines today. Developed by Robocash Philippines Co., Ltd., located at Level 7 Cyberpark Tower 1, 60 General Aguinaldo Ave., Cubao, Quezon City

Official: Robocash renamed to DiGiDo (from August 8 th 2021)

Robocash completely removes the human factor into the appraisal and review process. That means that all processes from receiving registration information to processing are completely automated based on Fintech technology.

Customers can easily receive a maximum loan of up to PHP 25.000 with just 10 minutes of registration and approval. Robocash loan procedure is simplified to the maximum, just ID card and bank account are eligible to borrow money at Robocash.

Get Cash From Robocash now

Interest rates at Robocash

Similar to many other fast loan applications, Robocash applies 0% interest rate for the first 7 days of loan, this is an advantage that many new customers are interested in when borrowing at Robocash. From the next loan with a term of 3-4-5-6 months, the applicable interest rate is 11.9% / month and loan service charge. Although the loan interest rate at Robocash is higher than the bank, it saves a lot of time for registration, waiting for appraisal.

See also: Digido Philippines – Online loan with low interest rate

Robocash loan limit

Short-term loan

— First time borrower: Php 1,000 to 10,000 payable for 5-15 days, one time payment only on the given due date.
— Repeat Borrower: Php 1,000 to 25,000 payable for 5-30 days, one time payment only on the given due date.
With an interest rate of 1.5% daily interest.

Installment loan

— First time borrower: Php 1,000 to 10,000 payable for 5-15 days, one time payment only on the given due date.
— Repeat Borrower: Php 10,500 to 25,000 payable for 90-180 days, (3,4,5, and 6 months terms) with a repayment scheme of 1 payment every 2 weeks.
Interest rate depends on amount you want to borrow and loan duration.

Robocash loans requirements

According to Robocash website, the requirements to take the loan is quite easy. You can get a loan if you are between 21 and 70 years old and have a valid government ID. You also need a valid mobile phone and a permanent address in a city in the Philippines. You will also need to indicate your steady income. As you can see, the requirements are simple and anyone can get a quick loan from Robocash.

See also: CashXpress Philippines – The complete loan online guidline

Advantages when apply loan at Robocash

Robocash is one of the first online loans applications in Philippines and continuously evolved in recent years, stemming from the advantages that this service brings to customers. Only take 10-15 minutes, ID card and a smartphone with internet connection, you can immediately borrow 10.000 – 25.000 PHP quickly. In addition, some other advantages when borrowing Robocash money can be mentioned as:

• Simple loan application only requires ID and bank account
• Interest rate 0% for 7 days for the first loan
• Loan registration application at Robocash has a disbursement rate up to 95%
• Enthusiastic and professional consulting staff
• Information on interest rates, service fees, and monthly payment amounts are transparent and clear
• No mortgage, no guarantee, no call or meeting, 100% online file
• The registration, review and disbursement process is less than 15 minutes

Besides, during the loan process, customers will be answered by the Customer Care department for any questions or information about the service immediately after receiving feedback from customers.

Disadvantages when apply loan at Robocash

No app is 100% perfect, and neither is Robocash. When registering via the Robocash loan app there is still a downside. Loan limit is quite low, borrow 5.000 PHP and maximum 25.000 PHP. That means, for customers with higher borrowing needs, it is clear that Robocash cannot support.Besides, Robocash’s loan period only lasts from 3 to 6 months, in case you want to borrow a longer time, Robocash can not meet.

Is Robocash Legit or not?

According to LIST OF FINANCING COMPANIES on sec.gov.ph website, Robocash is a authorized company with the Certificate of Authority (CA). Here is the full company information

How to apply Robocash loan

In this section, we will guide the most detailed step by step loan registration at Robocash.

Get Cash From Robocash now

Step 1. Select loan amount

Visit the loan registration website here, then select the amount to borrow and click Register loan.

Step 2. Complete personal information

Fill in personal information including: Full name, Email, phone number, password, then click continue. Enter the confirmation code sent to the phone number provided in step 2. Complete information such as Date of issue of ID card, date of birth … Robocash loan guide

Step 3. Verify the address

Continue adding complete temporary residence address information Robocash loan guideNote: it is necessary to fill in complete and accurate residential address information for faster approval.

Step 4. Job information

Complete job description information such as industry, phone number company or colleagues … The job information is the basis for deciding whether your application is approved? In this step you need to fill in all information such as company name, phone number, title and working time at the company. In addition, you will also need to provide information including a colleague’s phone number, first and last name. Note: customers with clear job information, stable income, the rate of online loan approval will be higher. Otherwise, it will be difficult to disburse loans.

Step 5: Fill in your bank account information

Enter your bank account number or ATM card number to disburse. Note that the account must be in the name of the borrower, the main account to be considered for disbursement.

Step 6. Upload ID card

Prepare a photo of your ID card on the front, ID on the back, and photos of your selife together with your ID card then upload it to Robocash system.

Step 7: Appraisal and disbursement

At this step, Robocash’s automatic review system will preliminary assess customer information. In some specific cases, customers may be called by a Robocash consultant to verify some information before approving a loan.

Get Cash From Robocash now

How to log in Robocash

To log in Robocash, you need to already successfully apply loan first. Then visit this link to log in https://digido.ph/login

How to repay at Robocash

When making payment, customers can note the following issues:

• Payment should be made early to avoid penalty fees
• Loan repayment can be made early at any time

Loan payment methods at Robocash are also quite diverse.

Payment via bank account

This is the fastest recommended way. To pay for Robocash loan contract just follow these steps:

• Step 1: Log in to the Robocash payment page with the registered phone number and password.
• Step 2: In the list of forms of payment, select the transfer method to see your Robocash account information.
• Step 3: Transfer payment amount
• Step 4: Wait for payment confirmation

Payment in cash

In addition, if you do not use Internet Banking, after getting your account number, you can go directly to the bank to deposit. Note: keep your payment receipt for verification in case of need.

Robocash App 

They also offer both website and app version, but in our opinion, web version work better for fast application and approval so you should apply on web.

Renew your Robocash loan contract

To renew the Robocash loan contract, you need to pay 30% of the principal amount to continue extending the loan.

Robocash branches

Get Cash From Robocash now

Robocash loan reviews

At the time we collect the reviews from real customer of Robocash, we get both good and bad feedback about them. But in general, they have 4,6 out of 5 in 35,494 total reviews from customer feedback about their service, which is a really good rating compare with other online loans. Here are some of the reviews

Alexander Sablan ☆☆☆☆☆

So far, so good. App is very easy to use. Requested details are simple and straightforward and best of all, decision amd remittance is so fast. Thanks for giving 0% interest on first time loans. Hopefully, next time you could extend it to 2 weeks instead of one week.

Elijah Navea ☆☆☆☆☆

the process and authenticity of this loaning app is far better than the other , it even had the most reasonable interest rating by the day basis for the one month peior, hopefully you’ll have the monthly basis for regular borrowers., ok din kung hindi madalas tawag ng tawag , lalo na kapag magrereloan ulit, kasi yung monthly basis is not alaways available sa ibang apps, so might as well be the one to start it , pati yung disbursment ng money , bakit ayaw gumana sa Gcash

Jeff nebril ☆☆☆☆☆

I just want to commend Robocash. Super easy and fast loan. Mapagkakatiwalaan based on my xperience. No harassment ang ayos kauasap ng customer service. This is my second loan and I paid it before due date. Nice nice. Sana magpatuloy PA Para makatulong sa mga nangangailangan. So far okay naman Yung Interes. Suggestion Lang sana Mas mahaba PA Yung term and low interest den. Thank u.

Arvin Songcog ☆

WORST customer service and LOAN APP! I was positive with Covid during my due date.. I was required by them to submit documents proving that I was positive with the virus which I did. Knowing that they will give consideration for my current situation, I was confident that they will allow me to pay my due balance and will not further given any penalties and interest. I tried explaining and asking for consideration but to no avail they continue charging me while I am in quarantine w/ my family.

Frequently asked question about Robocash

Conclusion

In times of urgent financial need, online loan registration is normal. And Robocash is not a bad suggestion for you. In this article, Fastloans.PH has provided the most complete and accurate information about the Robocash loan application. Hope has brought you useful information. Below this article, we will continue to introduce you to the series of articles introducing the most prestigious online loan applications today.

Get Cash From Robocash now

See also: Moneycat Philippines Information You Should Know