CASHe Personal Loan – Interest Rates 2024, Eligibility, Documents

CASHe is an app-based lending platform that offers instant short-term personal loans to young salaried people with instant disbursal, including to those who never had a formal credit history. Through CASHe, consumers can avail loan amounts from Rs 1,000 to Rs 4 Lakh for tenures of up to 1.5 years. CASHe uses Social Loan Quotient—an AI-based credit scoring mechanism leveraging alternative data sources such as smartphone metadata, social media footprint, education, monthly salary, career experience and basic KYC details to assess the creditworthiness of borrowers.

CASHe Personal Loan Highlights 2024
Interest rate	2.25% per month onwards
Loan amount	Rs 1,000 to Rs 4 Lakhs
Tenure	90 days to 540 days
Processing fee	Up to 3% of the loan amount

CASHe Personal Loan Interest Rates 2024

LOAN TENURE OPTIONS	RATE OF INTEREST
For 90 days	2.50% per month
For 180 days	2.40% per month
For 270 days	2.25% per month
For 360 days	2.25% per month
For 540 days	2.25% per month

Processing Fees and Charges

Processing fees

PERSONAL LOAN TENURE	PROCESSING FEE
For 90 days	Rs 85 for loan amount between Rs 0 to Rs 5,999.Rs 500 for loan amount between Rs 6,000 to Rs 33,333 1.50% for loan amount between Rs 33,334 to Rs 99,999
For 180 days	Rs 1,200 or 2% on the loan amount (whichever is higher)
For 270 days	Rs 1,200 or 2% on the loan amount (whichever is higher)
For 360 days	Rs 1,200 or 2% of the principal amount (whichever is higher)
For 540 days	Rs 1,000 or 3% of the principal amount (whichever is higher)

CASHe Personal Loan EMI Calculator

Types of CASHe Personal Loan

Instant Personal Loan

• Purpose: Borrowers can avail CASHe instant personal loan for various purposes such as home renovation, gadget purchase, debt consolidation, travel and medical expenses.
• Loan amount: Rs 1,000 to Rs 4 lakh
• Loan tenure: 3 months to 1.5 years

Travel Loan

• Purpose: Borrowers can avail travel loan for meeting their travel/vacation-related expenses like air fare, taxi fare, hotel accommodation, etc.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Loan tenure	Loan amount
90 days (3 months)	Rs 15,000 to Rs 1.10 lakh
180 days (6 months)	Rs 20,000 to Rs 2.10 lakh
270 days (9 months)	Rs 50,000 to Rs 2.58 lakh
365 days (12 months/1 year)	Rs 75,000 to Rs 3 lakh
540 days (18 months)	Rs 1.25 lakh to Rs 4 lakh

Two-wheeler loan

• Purpose: Borrowers can avail CASHe two-wheeler loan for purchasing new or second-hand two-wheeler vehicles.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Mobile Loan

• Purpose: Borrowers can avail CASHe mobile to purchase smartphones.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Marriage Loan

• Purpose: CASHe offers marriage loan to help the borrowers meet their marriage-related expenses.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Home Renovation Loan

• Purpose: Borrowers can avail home renovation loans by CASHe to cover expenses related to home renovation like tiling, flooring, etc.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Education Loan

• Purpose: Borrowers can avail education loan for meeting expenses related to higher education.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Consumer Durable Loan

• Purpose: Borrowers can avail this consumer durable loan for purchasing goods and electronics for their home such as LED tv, air conditioners, refrigerators.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Car Loan

• Purpose: CASHe offers unsecured car loan to help its borrowers purchase new or second-hand for wheeler vehicles.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Medical Loan

• Purpose: Borrowers can avail this medical loan for meeting expenses related to medical emergencies.
• Loan amount and tenure: CASHe offers the personal loan amount based on the loan tenure. The breakup of the loan amount and tenure is mentioned in the table below:

Eligibility Criteria for CASHe Personal Loan

• Indian resident
• Employment type: Salaried
• Age: 23 years to 58 years.
• Minimum net monthly income: Rs 15,000.
• Active Facebook/LinkedIn/Google+ account.
• The borrowers with no formal credit history can easily apply and avail personal loans with CASHe

Documents Required for Availing CASHe Personal Loan

The personal loan documents required for availing rom CASHe personal loan are as follows:

• Photo identity proof: PAN Card
• Income proof: Latest salary slip
• Identity proof: Aadhaar card
• Permanent address proof: Accepted documents
• Latest bank statement showing salary credit