CASHe is a digital lending platform in India that provides instant personal loans to young salaried individuals. The CASHe loan app aims to fulfill people’s every need quickly and hassle-free!
Are you thinking about applying for a loan from the CASHe app?
Here is the CASHe Loan Review – CASHe Loan App Review, Everything you need to know about CASHe Loans in simple words;
Such as; CASHe app personal loan limit, interest rate, eligibility criteria, real or fake, etc.
Table of Contents
What is CASHe App?
CASHe is a popular instant personal loan platform that offers loans ranging from Rs 1000 to Rs 4,00,000 to salaried people for up to 1.5 years. Also, the CASHe app provides a credit line, buy now pay later facility, and investment options – digital gold, SIP, and FD.
CASHe Personal Loan: CASHe loan review
| Review | CASHe loan app |
|---|---|
| Loan Limit | ₹.1000- ₹. 4,00,000 |
| Interest arte | 2.50% per month |
| Processing fees | ₹500 to ₹1,200 |
| Loan tenure | 3 to 18 months |
| RBI Registered | YES |
| Founder And CEO | V. Raman Kumar |
| office | Hyderabad |
| Official website | https://www.cashe.co.in/ |
CASHe is one of the most preferred Indian digital lending platforms for salaried individuals. CASHe is an RBI-approved loan app powered by Bhanix Finance & Investment Limited, an RBI-registered NBFC.
CASHe offers instant unsecured personal loans ranging from ₹15,000 to ₹4,00,000. CASHe loan interest rates start from 2.50% per month and a processing fee of Rs 500 to Rs 1,200 on the approved loan amount. There is a penalty charge of 0.7% for delayed EMI payments.
CASHe loan is a short-term loan, with a repayment period ranging from 3 to 18 months.
CASHe loan is an unsecured loan that does not require any collateral. With the user-friendly CASHe Loan app available on the Google Play Store, customers can apply for personal loans by submitting certain documents and meeting the minimum salary requirement.
Is CASHe loan app real or fake?
CASHe is a genuine and legitimate loan app/platform. CASHe app is an RBI-registered and ISO 27001 and 27701 certified company that follows all the rules and regulations.
This loan app is widely used for short-term personal loans.
According to the CASHe app: It has over 2 crore registered users and has disbursed loans worth Rs 100,752,755,308.85 to 15,58,867 customers till now.
Also, it has 69318 plus daily active users.
It shows that CASHe is a real and legitimate platform for instant loans.
How to apply CASHe loan online?
Follow these easy steps to apply for an instant personal loan on the CASHe app:
- Download the CASHe App:
Download & Install the CASHe loan app from the Google Play Store or Apple App Store.
- Register and Complete KYC:
Sign up on the CASHe app and complete the Know Your Customer (KYC) process by providing the necessary documents.
- Click on the ‘Get Loan’ option:
Open the CASHe app, click the ‘Get Loan’ option, and select ‘Instant Personal Loan’.
- Choose Loan Amount and Repayment Tenure:
Choose the loan amount you want to borrow and the repayment period.
- Wait for Verification and Loan Approval:
CASHe will verify your details and review your application for loan approval.
- Receive Funds to Bank Account:
Once the CASHe loan is approved, the loan amount will be disbursed to your bank account instantly.
Also read; CASHe loan approved but not credited problem solution (quick solution for CASHe loan processing problems and issues).
What are CASHe loan eligibility criteria?
To be eligible for an instant personal loan from the CASHe app, you must meet the following criteria:
- Must be an Indian citizen.
- Must be at least 18 years old.
- Must be a salaried professional.
- Have a monthly salary of at least ₹15,000.
- Have a valid bank account in your name.
- Have a valid Facebook, LinkedIn, or Google account.
- Have a good credit score.
Maximum CASHe loan eligibility as per loan tenure (days and months):
| Loan Tenure | In Months | Loan Eligibility |
|---|---|---|
| 90 days | 3 months | Up to 110% of net monthly salary |
| 180 days | 6 months | Up to 210% of net monthly salary |
| 270 days | 9 months | Up to 310% of net monthly salary |
| 360 days | 12 months | Up to 400% of net monthly salary |
| 540 days | 18 months | Up to 500% of net monthly salary |
Eligibility for minimum and maximum CASHe loan amount based on salary:
| Salary Eligibility | Minimum Loan Amount | Maximum Loan Amount |
|---|---|---|
| ₹15,000 | ₹15,000 | ₹1,10,000 |
| ₹20,000 | ₹25,000 | ₹2,10,000 |
| ₹25,000 | ₹50,000 | ₹2,58,000 |
| ₹40,000 | ₹75,000 | ₹3,00,000 |
| ₹50,000 | ₹1,25,000 | ₹4,00,000 |
Documents Required for CASHe Personal Loan
To take a loan from Cashe App, you need the following important documents;
- Aadhar card
- Valid PAN card
- Bank statement for three months
- Permanent address proof
- Current residence/utility bill (power/landline phone/gas bill)
- Your selfie photo
What is the CASHe loan interest rate?
CASHe personal loan interest rate starts from 2.50% per month (Equivalent to reducing the balance interest rate to 3.71% per EMI).
Here is an example of CASHe loan interest rate and processing fee as per the loan tenure;
| Loan tenure | Interest Per Month | APR |
|---|---|---|
| 90 days | 2.50% | 30.42% |
| 180 days | 2.40% | 29.20% |
| 270 days | 2.25% | 27.38% |
| 360 days | 2.25% | 27.38% |
| 540 days | 2.25% | 27.38% |
CASHe loan processing fees range from ₹500 to ₹1,200 or 3% of the loan amount.
| Loan Tenure | Processing Fee |
|---|---|
| 90 days | ₹85 Flat for up to ₹5,999 loan. ₹500 Flat for ₹6,000 to 33,333 loan. 1.50% for ₹33,334 to ₹99,999 loan. |
| 180 days | ₹1,200 or 2% of the loan, whichever is higher |
| 270 days | ₹1,200 or 2% of the loan, whichever is higher |
| 360 days | ₹1,200 or 2% of the loan, whichever is higher |
| 540 days | ₹1,000 or 3% of the loan, whichever is higher |
Features of CASHe Personal Loan App:
Here are the features (advantages and disadvantages) of the Cashe Personal Loan app:
Advantages –
- Fast and Easy Application
- Minimal Documentation
- Quick Approval and Disbursement
- Flexible Repayment Options
Disadvantages –
- High-Interest Rates
- Short Repayment Terms
- Risk of Debt Trap
CASHe loan customer care number 24×7
- CASHe helpline number: +91 8097553191
- CASHe WhatsApp number: +91 8097553191
- CASHe email: [email protected]
These are the customer care number and email of the CASHe loan app. Complaints or contact and get 24×7 help and support.
In conclusion –
In conclusion, the CASHe loan app is a trusted and popular RBI-approved financing platform to get instant personal loans in India. It offers flexible loan amounts from ₹1,000 to ₹4,00,000 (4 Lakh) to salaried individuals with quick processing times, typically within 15 to 20 minutes.
You must fulfill all the required eligibility criteria for the CASHe loan.
Age above 18 years.
Minimum monthly salary of Rs 15,000.
Good credit score.
All important documents.
We hope you got all the information on CASHe personal loans through this blog – CASHe loan review or CASHe loan app review. Thank you!
CASHe loan review FAQs
How much loan can I get from CASHe?
CASHe app offers short-term personal loans ranging from ₹1,000 to a maximum of ₹4,00,000 for a repayment term of 3 months to 18 months. The loan amount you can borrow depends on your eligible loan amount and tenure.
What is the interest rate per month for CASHe?
The interest rate for CASHe personal loans ranges from 2.25% to 2.5% per month.
Is CASHe app RBI registered and approved?
Yes, the CASHe app is powered by Bhanix Finance and Investment Ltd., an RBI-registered NBFC.
CASHe Loan App is Safe or Not?
Yes, the Cashe loan app is a 100% safe platform approved by RBI, and it is an ISO 27001 & 27701 certified platform.
CASHe Loan App Real or Fake?
CASHe Loan App is a legitimate financing platform approved by RBI, and all loan transactions comply with the prescribed rules and regulations.
What is the minimum salary for CASHe?
To get a loan from CASHe, you need to meet these conditions:
You must be an Indian citizen.
You must be at least 18 years old.
You must have a job and the minimum monthly salary should be at least Rs 15,000 or above.
What is the age limit for CASHe?
To get a loan from CASHe app, you need to be at least 18 years old.
Is CASHe Loan App Banned in India?
No, the CASHe App is not banned in India.
What is Cashe Loan Processing Time?
The loan processing time in the CASHe app is usually 15 to 20 minutes.
How to foreclose CASHe loan?
To close a CASHe loan, pay the remaining loan amount and any applicable foreclosure charges.
What is the eligibility for a CASHe loan?
To be eligible for a CASHe loan, you need to:
Be an Indian citizen living in India.
Be at least 18 years old.
Have a job and earn at least ₹15,000 per month.
Have a bank account.
Have a Facebook or LinkedIn account.
Have valid identity and address proof.
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