Are you looking for a quick and easy way to get a personal loan online? Do you need some extra cash to meet your urgent expenses or fulfill your dreams? If yes, then CASHe is the perfect solution for you.
CASHe is a leading app-based lending platform that offers instant short-term personal loans to young salaried professionals who have never had a formal credit history. You can apply for a loan amount ranging from Rs 1,000 to Rs 4,00,000 with a repayment tenure of up to 1.5 years. All you need is a smartphone and a few documents to get started.
Benefits of CASHe Personal Loan
CASHe personal loan has many benefits that make it an ideal choice for your financial needs. Some of the benefits are:
- Instant approval and disbursal: You can get your loan approved and disbursed within minutes of applying. No need to wait for days or weeks to get your money.
- No credit history required: You don’t need to have a formal credit history or a high credit score to get a loan from CASHe. CASHe uses a proprietary algorithm called Social Loan Quotient (SLQ) that creates a sophisticated credit profile of you based on your social media presence, education, income, and other factors.
- Flexible repayment options: You can choose from various repayment options such as EMI, bullet, or pay later. You can also prepay your loan anytime without any penalty or charges.
- Low interest rates and fees: CASHe offers competitive interest rates and fees that are transparent and affordable. You can also save on interest by opting for shorter loan tenures.
- Loyalty rewards program: You can earn loyalty points for every loan you take from CASHe. You can redeem these points for attractive offers and discounts on various products and services.
How to Apply for CASHe Personal Loan
Applying for a CASHe personal loan is very simple and convenient. You just need to follow these steps:
- Download the CASHe app: Go to the play store or app store and download the CASHe app on your smartphone.
- Complete your profile: Fill in your personal and professional details, upload the necessary documents, and complete your verification.
- Choose your loan amount and tenure: Click on the get CASHe icon and select your desired loan amount and tenure. You can also choose your repayment option and insurance cover.
- Get your loan approved and disbursed: Once you submit your loan application, you will get an instant approval and disbursal notification. The money will be transferred to your bank account within minutes.
FAQs about CASHe Personal Loan
Here are some frequently asked questions about CASHe personal loan that you might find useful:
Q1. What are the eligibility criteria for CASHe personal loan?
A1. To be eligible for CASHe personal loan, you need to meet the following criteria:
- You must be an Indian citizen and resident
- You must be between 18 and 36 years of age
- You must be a salaried professional with a minimum monthly income of Rs 12,000
- You must have a valid PAN card and Aadhaar card
- You must have a bank account with net banking facility
Q2. What are the documents required for CASHe personal loan?
A2. You need to submit the following documents for CASHe personal loan:
- PAN card
- Aadhaar card
- Bank statement for the last 3 months
- Salary slip for the last 3 months
- Address proof (any one of the following: electricity bill, gas bill, water bill, postpaid mobile bill, landline bill, rent agreement, passport, voter ID, driving license)
Q3. How much loan amount and tenure can I get from CASHe?
A3. You can get a loan amount ranging from Rs 1,000 to Rs 4,00,000 from CASHe. The loan tenure can vary from 3 months to 1.5 years, depending on your loan product and eligibility.
Q4. How is the interest rate and fee calculated for CASHe personal loan?
A4. The interest rate and fee for CASHe personal loan are calculated based on your SLQ score, loan amount, tenure, and repayment option. The interest rate can range from 1.5% to 3% per month, and the processing fee can range from 1.5% to 3% of the loan amount. You can check the exact interest rate and fee for your loan on the app before applying.
Q5. How can I repay my CASHe personal loan?
A5. You can repay your CASHe personal loan through various modes such as net banking, debit card, UPI, or cash. You can also set up an auto-debit facility for hassle-free repayment. You will get a reminder notification before your due date to avoid any delay or default.