Financial Planning

CASHe Personal Loan App: Information, Eligibility Criteria, Interest Rates, Review & More

CASHe

Are you looking for a quick personal loan? Then CASHe is a great option for you, where you will be able to get short-term loans at low-interest rates. This platform is specifically created to offer short-term loans to young-salaried and self-employed people. The loans are of instant disbursal. You can get personal loans, even if you do not have a credit history.

In this article, you will basically learn more about CASHe loans and the major features of the CASHe app. Furthermore, we will also share some of the major reviews of CASHe, which can be beneficial for you to get an idea of the platform in general.

CASHe – How Does It Work?

CASHe – How Does It Work  

CASHe is a personal loan app that uses a credit scoring mechanism called Social Loan Quotient, which is based on artificial intelligence. In this mechanism, the CASHe app leverages various alternative sources of data coming from smartphones, social media and others.

Furthermore, monthly salary, education, career experience, and basic KYC experiences. This is mainly done to evaluate a loan borrower’s worthiness of credit.

CASHe App: How To Download The CASHe Loan App?  

CASHe App How To Download The CASHe Loan App

The following are the steps that you need to follow to download the CASHe app:

Step 1: Go to Google Play Store on your smartphone.

Step 2: Type ” CASHe ” on the search bar and tap on the search button.

Step 3: Click on the app named ” CASHe”

Step 4: Download and install the app.

You can also use the CASHe promo code to get good offers on loans, as well as various graces on the rate of interest. Apart from the app, you can also visit the CASHe official website to see various details of the loan. If you want to get yourself a loan, go to the instant personal loan section, and click on the “Get a Loan” button.

You will need to fill up a form and choose the type of loan you need. Furthermore, you will need to upload scanned documents about your personal details. After all these documents get properly verified, you will get the loan in no time. You can also get the loan within the same day.

CASHe Loan Details  

CASHe Personal Loan Details
CASHe Interest Rate2.25%
Loan Amount₹1000 to ₹4 lakh
Loan Tenure3 months to 18 months
Minimum Age of Loan18 years
Loan Processing FeeUp to 3% of the loan amount
Minimum Income (Monthly)₹12000
CASHe Loan Websitehttps://www.cashe.co.in/instant-personal-loan/
CASHe Complaints numberNot available on the website

The CASHe interest rates range from 2.25% per month to 2.5% per month (or 27% per annum to 33% per annum), based on the repayment tenure that you have chosen in terms of your loan. Once you have chosen your loan type, you will only need to pay accordingly.

What Are The Eligibility Criteria To Get CASHe Personal Loans?  

Here are the eligibility criteria you will need to fulfill to get an instant personal loan from CASHe:

  • You need to be at least 18 years of age. Minors are not eligible to get loans from CASHe.
  • Your maximum age should not be more than 58 years.
  • You must be at least employed for three months in your current organization where you are employed.
  • You should be able to provide valid income proof. Your monthly income should be at least ₹12000 per month.
  • You can only get a loan where the loan to value is 30% to 200% of your monthly salary. However, it depends on the type of loan that you choose.
  • You can make use of the cashe promo code to get the loans on time.

What Are The Documents Required For Loan Application?  

There are several types of documents that are required for the loan application of the Cashe Loan. You must have the following documents with you that you should make use of the Cashe Loan documents while making the application of personal loan.

  • Photo Identity Proof as well as PAN card.
  • You have to show your latest salary slip and income proof.
  • You must use the Aadhar Card or any identity proof.
  • Permanent Address proof you have to show to get the loan.
  • You need to show up the latest bank statement where your salary is credited.

You need to be well aware of these above factors while you want to get the things done in perfect order. You should take care of the facts that can make things easier and effective for you in all possible manners.

Types Of Personal Loans Available At CASHe

Types Of Personal Loans Available At CASHe

There are various types of personal loans that you will be able to get through CASHe. Different types of loans include car loans, two-wheeler loans, medical loans, education loans, consumer loans, mobile loans, travel loans, and marriage loans. The following are the major types of personal loans options that you will be able to get through the CASHe app:

CASHe 180  

Tenure of the Loan6 months
Minimum Salary required to be eligibleINR ₹22,000
Minimum loan amountINR ₹25,000
Maximum loan amountINR ₹2,10,000

CASHe 270  

Tenure of the Loan9 months
Minimum Salary required to be eligibleINR ₹25,000
Minimum loan amountINR ₹50,000
Maximum loan amountINR ₹2,58,000

CASHe 1 Year (360 Days)  

Tenure of the Loan12 months
Minimum Salary required to be eligibleINR ₹40,000
Minimum loan amountINR ₹75,000
Maximum loan amountINR ₹3,00,000

CASHe 1.5 Year (540 Days)  

Tenure of the Loan18 months
Minimum Salary required to be eligibleINR ₹50,000
Minimum loan amountINR ₹1,25,000
Maximum loan amountINR ₹4,00,000

Other Types Of Personal Cashe Loans Availaible Today  

There are different types of cashe Loans available today that you must be well aware off. You cannot just make your choices in gray. You need to follow some of the essential facts that can make use of the Personal Cashe loans available for you in all possible manner. Some of the key factors that you must be well aware of are as follows:-

  • Instant personal loan.
  • Travel loan .
  • Two-wheeler loan.
  • Mobile loan.
  • Marriage loan.
  • Home renovation loan.
  • Education loan.
  • Consumer durable loan.
  • Car loan.
  • Medical Loan

You can make use of the Cashe Promo code to get some discounts on these mentioned above loans. You must make things work as per your requirements. It will help you to get the desired loans on time. Explore the best loan options that fits your budget and requirements. Otherwise, things can turn worse for you. Cashe offers personal loan based on the loan tenure within a particular point in time.   

The details of getting the loans and its procedures you can get from their sites of paisabazaar.com. It will offer you all the complete details how you can afford these types of loans as you need.

Know Before You Borrow: Things to Consider When Choosing Quick Loan Apps

Things to Consider When Choosing Quick Loan Apps

Read about the factors that are considered when it comes to choosing the right app! If you plan to choose a quick loan app, you must check a few things first. It starts with the following factors:

Easy Application Process

When choosing an instant loan app, ensure the application process is simple and easy. The entire process has to be straightforward and user-friendly.

Always avoid apps with complex application procedures and require too much paperwork. You should be able to complete your application process straight from the smartphone.

Loan Eligibility & Amount

Some of the apps are designed for professionals. On the other hand, when choosing an app, ensure it doesn’t put high bars for loan approvals.

For example, many loan apps require a significantly maintained credit score. Some apps require a good credit score, age limit, etc. 

Interest Rate

Always ensure you get a good interest rate when taking a loan from an instant loan platform. The interest rate decides the overall amount you have to repay throughout the entire lifecycle of your instant loan. Typical

Repayment Options

It’s best to have a flexible repayment option. The repayment option should suit your financial situation. While some of these instant loan providers offer shorter repayment options, others also offer a long tenure.

If you want flexibility with your loan repayments, you should go for providers that allow an extension on your repayment. 

Fast Disbursement

Instant loans are all about your loan getting disbursed as soon as possible. But that’s not always the case. Some instant loan providers often take a long time to disburse the loan amount.

So, when choosing personal loans, ensure you’re getting it from a reliable platform that disburses the loan right after approval. When approved the money should get credited to your account. 

Customer Support

In case you are struggling to get the loan approved or want assistance regarding repayment tenures and flexibility, there should be a customer support team helping you.

Whether during your repayment tentures or during application, the customer support team of the loan platform should help you. So, always choose a platform with a reliable customer support team. 

CASHe 1.5 Year (540 Days)  Reviews – CASHe Review, CASHe Loan Review, And CASHe App Review

Let us go through the reviews that are significant in understanding the apps where you can get a loan. Here are some of the major CASHe loan reviews that you must look for:

Review 1:

Sahidul Haque
Review Source

Review 2:

sujatarkt81
Review Source

Review 3:

amolbarsing946
Review Source

Summing Up  

One of the things we do not like about CASHe is that there is no CASHe loan customer care number for any types of CASHe complaint. Here, the safety factor goes away completely. However, the reviews for the loan platform are mixed. So, check your loans properly, before you get a personal loan. Share with us in the comments section what you think about CASHe.

Read Also:

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Soumava Goswami

Inspired by The Social Network, Soumava loves to find ways to make small businesses successful – he spends most of his time analyzing case studies of successful small businesses. With 5+ years of experience in flourishing with a small MarTech company, he knows countless tricks that work in favor of small businesses. His keen interest in finance is what fuels his passion for giving the best advice for small business operations. He loves to invest his time familiarizing himself with the latest business trends and brainstorming ways to apply them. From handling customer feedback to making the right business decisions, you’ll find all the answers with him!

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Salaried Employees- Need to fill out KYC- Verification of KYC- Need to submit bank details- Bank account number & IFSC- Net banking is required for auto-repayment.2. Self-Employed Individuals- PAN card required- Address proof (Voter ID or Passport)- Aadhar Card- Bank account number & IFSC- Net banking is required for auto-repayment. mPokket Loan - How To Do mPokket Login? The following are the steps by following which you can log in to mPokket: Step 1: Download the android app. Step 2: Allow the app to access your device. Hit "Allow." Step 3: Sign up to mPokket with the help of Google or Facebook. Step 4: Register your account with mPokket on the next page. Based on your profile, select whether you are a student, salaried or self-employed. Step 5: You will get a borrowing limit on the next page. Just move on to the next page by clicking “Get Started.” Step 6: Add all the information related to KYC Verification, Basic Information, and Employment Information, and also add your Selfie Video on it. MPokket-Is it a Safe Personal Finance Option? Many individuals are taking NBFC loans nowadays. No doubt, these loans made personal financing easier.    Gone are the days of hectic loan applications. You can actually get a personal loan in minutes.    But how do such fast microloans affect your financial habits?    Let's find out.   After the pandemic, many salaried individuals faced unprecedented financial challenges. Many of us gave in and took several unsolicited loans. In some cases, private cooperatives lent money. In other instances, people resorted to individual lenders.    However, MPokket is a considerably safer and RBI-accredited loan option.    It makes our lives easier.    We are often faced with small fund crunches. Experts say that such loans are not to be looked upon. However, there are no better options to ward off imminent fund crunches.    Why do People Resort to Apps like MPokket?  The answer is simple. People can get loans in the blink of an eye. All they need to do is get their KYC done.    After that, your loan amount is credited to your bank account directly.    The quick service may seem appealing. However, you may encounter a debt trap when dealing with such microloan apps.    In India, more than 50% of Gen Z and millennials face the lurking debt trap. They suffer from financial mismanagement and debt issues.    That's another reason why apps like mPokket are gaining growth.     The Indian debt challenge is reaching its vulnerable apex. In the first place, individual debts are piling up. At the same time, the country's global market debt is also increasing.    Loan platforms like mPokket deduct hefty taxes and charges when you borrow from the platform.    That money goes to the government coffers. So, the Indian government also gives licenses to such apps. So, they are leveraged to operate freely.    mPokket Loan Interest Rate The mpokket loan interest rate is a concern for borrowers. Microlending companies like mPokket give lucrative microloans. At the same time, the interest that they charge is hefty.   At mPokket, loans start from 11.99% p.a. A common explanation is that interest rates are higher as the loan is collateral-free. However, experts say small-scale earners or students mainly apply for such loans.    Charging a strapping interest won't help their cause.    MPokket's website data, however, says that the starting mPokket loan interest rate is 2%.    But there's a big catch.    The interest rates are indirectly proportional to the CIBIL score or your creditworthiness.    The lower your score, the higher the rate of interest payable.    Based on your creditworthiness, mPokket may charge 0 to 48% annual interest against your loan amount.    But most people are not concerned with mpokket loan interest rate only. Borrowers must pay other charges as well. For instance, there's a processing fee, a security fee, a channel fee, and GST and allied charges.    Your mpokket loan interest rate will increase, even if you want to pre-close the loan. The same also applies to loan extensions or payment deadline extensions.    I checked that the mPokket loan interest rate also increases when you choose a lengthy payback tenure.  How To Delete mPokket Account? To delete mPokket account, you need to contact customer service by phone or email. However, you will need to clear your borrowings first. Follow the steps given in the mail to get details. Finally, you will get a confirmation email that your account has been deleted. mPokket Customer Care Number And Address mPokket Helpline Number (WhatsApp):033- 6645 2400mPokket Contact Number:033- 6645 2400mPokket Customer Care Number India:033- 6645 2400mPokket Complaint Number:+9133 6645 2400mPokket AddressPS Srijan Corporate Park, Tower 1, 12th Floor, Unit No. - 1204, 2, EP & GP, Sector V, Bidhannagar, Kolkata, West Bengal 700091Greivance Redressal OfficerSouvik DasmPokket CINU65999WB2019PTC233120 You can also get to see the mPokket Loan Defaulter List on the official website. mPokket – Top Customer Reviews Here are some mPokket loan reviews: roddyrex009: “I have paid l the dues and they stay scamming me now by saying you need to pay again. In my bank the transaction was successful but they said if it still shows in the app then u haven't paid lol what low class company don't ever take loan from @mpokket” Source arunn2514: “The features of this app that it provides small loans to students to satisfy their daily needs.once you apply for loan you have to wait for its approval and then you will get money.after paying your previous loan, you can apply for another loan.” Source saikrishnamothuku: “This is my monthly pocket bank and I'm using this app from 3 months nd it is used alot for me very very thanks to the founders of mpokket and every student must use it and it is very very useful for students. this app giving money in just 24 hours just try it.” Source Summing Up Hope this article was helpful for you to have a better idea of how the mPokket app is and how the financial company operates. If you want to know more about the mPokket app, we recommend you visit the website. Do you know about similar apps that offer loans to students and young professionals? Share with us in the comments section below. Explore More: 10 Best Investment App IPOE Stock – Present Price, Forecast, Statistics – Should You Invest? SUIC Stock – Present Price, Forecast, Statistics – Should You Invest?