
Here are a few factors
Location | PAN INDIA |
CIBIL Score | 550+ |
Minimum Salary Per Month | 12000/- Per Month |
Salary Mode | NEFT,RTGS,COMPANY TRANSFER,IMPS,CHEQUE & UPI |
Applicant Age | 21 Year to 45 Year |
Loan Amount & Tenure | 10000
to 4 Lac (Upto 4 Month) |
Rate of Interest (Type) | 1.5% to 3% (Fixed) |
Processing Fees | 1.5% - 2% |
Processing Mode & TAT | Processing:
Online TAT: 5 Min to 48 Hour |
Foreclosure Charges | NIL Charges |
Part Payment Allowed | No |
OD Product | No |
BT+TopUp | No |
Minimum Job Experience | Not Required |
Employer Business Vintage | Not Required |
FOIR | 65% of salary |
Whether Co-Applicant Mandatory | No |
USP | 1.Funding
to All Employee 2. Funding to Minus 1 CIBIL Applicant |
Negative Profile | 1.
NRI Employee 2. Cash Salary |
cashe personal loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
Loan Amount | ₹100,000 |
Interest % | 1 % |
Tenure (months) | 12 |
Emi (monthly) | ₹ 8,379 |
Total Interest | ₹ 542 |
Loan Amount + Interest | ₹ 100,542 |
Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
₹ 24,908 | ₹ 229 | ₹ 25,137 | ₹ 75,092 | 24.91 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
₹ 75,096 | ₹ 315 | ₹ 75,411 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Required Documents to Apply for Cashe Personal Loan
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KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
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Last 3 month Salary Slip
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Last 6 month Bank Statement in PDF
-
Form 16 of last 2 year
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Rent Agreement if rented or Utility Bill if residence is owned
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Sanction Letter of all current running loan if any
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Office ID Card or Official EMAIL ID if any
About CASHe Personal Loan
Personal loans are a great way to finance the things you want, but may not be easily available through banks or financial institutions. While traditional banks don’t qualify most young salaried millennials for credit, CASHe strategic partnerships with premier lending institutions, and online applications have allowed CASHe to provide personal loans to thousands of consumers across India over the last few years.
CASHe takes pride in the fact that it can help to open up the world of credit for young salaried millennials who were denied credit by conventional banks, offering a faster, more flexible, and less complex personal loan. Conventional lenders often do not trust new borrowers or those with no credit history. CASHe provides you with an alternative to a traditional bank loan, backed by an innovative new credit evaluation system that helps us determine your ability
CASHe Personal Loan Customer Care Details
You can reach out to CASHe India, if you have any queries or require assistance.
Start with Cashe Personal Loan in few steps
If you are planning to apply for a personal loan at CASHe there are certain details that you should be aware of, Let’s discuss:

Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

Let us take an example, How EMI is being calculated
Year | Principal (A) |
Interest (B) |
Total Payment (A + B) |
Balance | Loan Paid To Date |
---|---|---|---|---|---|
2022 | ₹ 15,721 | ₹ 2,333 | ₹ 18,054 | ₹ 84,279 | 15.72% |
Dec | ₹ 15,721 | ₹ 2,333 | ₹ 18,054 | ₹ 84,279 | 15.72% |
2023 | ₹ 84,279 | ₹ 5,990 | ₹ 90,270 | ₹ 0 | 100.00% |
Jan | ₹ 16,087 | ₹ 1,967 | ₹ 18,054 | ₹ 68,192 | 31.81% |
Feb | ₹ 16,463 | ₹ 1,591 | ₹ 18,054 | ₹ 51,729 | 48.27% |
Mar | ₹ 16,847 | ₹ 1,207 | ₹ 18,054 | ₹ 34,882 | 65.12% |
Apr | ₹ 17,240 | ₹ 814 | ₹ 18,054 | ₹ 17,642 | 82.36% |
May | ₹ 17,642 | ₹ 412 | ₹ 18,054 | ₹ 0 | 100.00% |

Eligibility Of Cashe Personal Loan
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 |

Charges and Fees Related to your Personal Loan with CASHe
Tenure | Interest / 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% |
FREQUENTLY ASKED QUESTIONS
Social Loan Quotient in cashe personal loan ( SLQ) helps predict your creditworthiness unbiasedly based on your social behavior. Your score is calculated by analyzing various parameters that are unique to each individual. This gives you an overall score that you can use to compare across variables such as age, gender, and education level.
Yes, you can shift your CASHe personal loan midway but only once you pay the first EMI installment.
No, CASHe doesn't ask for collateral while applying for a personal loan.
Absolutely. If your application was recently rejected, or if you feel that there have been some changes in your creditworthiness since you last applied, reapply after three months. CASHe will look into it and decide based on your updated information.
Generally, CASHe offers an instant service in terms of loan clearance. Once your documents are verified, you will receive your loan instantly. Please upload the necessary documents in clear and legible formats to process your loan quickly.
CASHe offers
personal loans ranging from Rs 10,000 to Rs 400,000 with repayment
upto 4 months.
Any Indian citizen
residing in India, above the age of 21, with a proof of current employment,
earning a monthly salary of 12,000 and above, a bank account, a Facebook /
Google+ / a LinkedIn account and valid identity and address proof can use the
CASHe app to avail loans.
CASHe is powered
by Bhanix Finance and Investment Ltd., an RBI registered NBFC, and is not a
bank or an NBFC.
No, CASHe is a
mobile app, and applicants are required to have a smartphone to avail of the
loan.
CASHe aims to
revolutionize the process of borrowing by using an applicant's social
networking activities as a reliable benchmark to assess creditworthiness.
CASHe accesses an
applicant's social media accounts to assist the lender in getting a picture of
who they are using industry-standard access levels in terms of their network,
contacts, and activity.
Aeries Financial
Technologies Pvt. Ltd. offers CASHe, a fintech product that provides short-term
personal loans to young salaried professionals through a simple app. The loans
are powered by a proprietary predictive algorithm called The Social Loan
Quotient (SLQ) which creates a sophisticated credit profile of consumers based
on their social behavior data. Young professionals can apply for loans within
minutes without any paperwork and receive money in their bank accounts within
minutes.
SLQ is India’s
first social behavior-based credit rating system for salaried professionals and
young salaried millennials. It is a dynamic score that is linked to a number of
data points including mobile and social media footprint, education, monthly
salary, and career experience. Unlike traditional credit scoring systems that
rely on past financial transactions, SLQ is based on a customer's social
behavior data and calculates credit risk dynamically. As customers interact
with CASHe more and spend time in the digital space, their SLQ score evolves
too.
To know if you are
eligible for a loan with CASHe, you need to complete your profile and submit
the necessary documents on the appIy a matter of minutes, the credit profile
status will be communicated to you by the AI-based SLQ engine. If your profile
rating is 'Good', you can apply for a loan using the 'Get CASHe' tab and
receive your SLQ Score. However, if your profile rating is 'Poor', you will not
be able to apply for a loan and may try again later when your credit profile
improves. The more you use CASHe responsibly, the better your SLQ score
improves.
CASHe offers loans
ranging from Rs 10,000 to Rs 400,000 payable over a period of up to 4 months.
An individual can
borrow personal loans starting from Rs 10,000 to a maximum of Rs 400,000 with a
repayment period of upto 4 months.
Yes, an individual
can shift their loan tenure from a 120-day plan to a 180/270/1 year/1.5 year
plan as soon as they have cleared all outstanding balances on their previous
loan.
No, CASHe does not
interact with customers over the phone. Applicants can email
[email protected] for any queries related to loan products, and
[email protected] for enterprise package inquiries.
Applicants need to
provide several documents such as a photo identity proof (PAN card), the latest
salary slip, Aadhar card, and permanent address proof such as a passport,
driving license, voter's identity card or utility bills (electric, landline
phone or gas bill, not more than 2 months old). The latest statement of the
borrower's bank account showing salary credit is also required. In addition,
the borrower needs to upload a selfie as proof of their photograph.
The purpose of
collecting documentation is to determine the creditworthiness of the borrower
and to ascertain whether they are a responsible borrower. The information is
used internally and is kept secure.
CASHe does not
require any collateral or security. The borrower's eligibility will be
determined based on their documents and creditworthiness.
To apply for a CASHe
Personal loan, the applicant must meet certain eligibility criteria. The loan
amount that one can avail depends on the duration of the loan and the
applicant's net take-home salary. For instance, for a 90-day loan, one can
avail of a loan amount up to 110% of their net take-home salary. Similarly, for
a 180-day loan, the loan amount can be up to 210% of the net take-home salary,
and so on.
An applicant's loan
application can be rejected for several reasons, including providing false
information or not submitting the required documents. Lack of employment or
means to repay the loan, not meeting the eligibility criteria, or inability to
verify the information provided by the applicant can also result in the
rejection of the application. However, this does not reflect the applicant's
credibility but rather the fact that their profile does not match the algorithm
used by the CASHe app.
No, an applicant will
not be eligible for a CASHe Personal loan if they do not meet the internal
credit rating criteria.
Yes, an applicant can
reapply for a CASHe Personal loan after a waiting period of three months from
the rejection of their previous application. If there have been material
improvements in their creditworthiness or if they feel that their application
should be reviewed, they can try again. However, the final approval of the loan
application remains at the discretion of the lender
Yes, CASHe charges
processing fees for loans, which vary based on the loan amount and duration.
For a 90-day loan, fees range from a flat rate of Rs.85 for loans between 0 to
5999, to a flat rate of Rs.500 for loans between 6000 to 33333, to 1.50% of the
loan amount for loans between 33334 to 99999. For 180-day and 270-day loans, a
flat rate of Rs.1200 or 2% of the loan amount (whichever is higher) is charged.
For 1-year and 1.5-year loans, a flat rate of Rs.1200 or 2% of the principle
amount (whichever is higher) and a flat rate of Rs.1000 or 3% of the principle
amount (whichever is higher), respectively, are charged as processing fees.
Yes, all loans from
CASHe come with a processing fee, but the fee is minimal.
Interest rates for CASHe
loans vary based on the loan duration. For a 90-day loan, the fixed interest
rate is 2.50% per month (equivalent reducing balance interest rate of 3.71% per
EMI), and there is a 5-day interest-free grace period at the end of each paying
month. If payment is delayed after this grace period, a flat interest fee of
0.1% per day (including the 5-day grace period) will be charged for subsequent
days. For 180-day loans, the fixed interest rate is 2.40% per month (equivalent
reducing balance interest rate of 3.98% per EMI), and there is also a 5-day
interest-free grace period at the end of each paying month. For 270-day,
1-year, and 1.5-year loans, the interest rates are 2.25% per month (equivalent
reducing balance interest rates of 3.86% per EMI, 3.88% per EMI, and 3.85% per
EMI, respectively) based on the loan amount.
Yes, a borrower
can repay a CASHe personal loan before the due date, and it is actually
recommended as it increases their SLQ score. However, please note that interest
payments are deducted at the time of disbursement and will not be reduced or
reimbursed if paid early.
Borrowers can make
payments through NEFT/IMPS/UPI, but cash or cheques are not accepted. The
borrower should enter their CASHe CLN# as the account number in the specified
field and select "Bhanix Finance and Investment Ltd" as the account
name while making repayments. The IFSC code should be KKBK0000958. If a
borrower needs help, they can write to [email protected].
CASHe is powered
by Bhanix Finance and Investment Ltd, a registered NBFC regulated by the
Reserve Bank of India. They determine the borrower's eligibility for the loan,
disburse the funds, and collect repayments.
The process is
simple. First, a borrower should register their UPI ID with CASHe. To make a
loan repayment, they should go to the 'My CASHe' screen in the app and click on
the 'Current Due' tab to see the amount owed to CASHe. Then, click on the tab and
choose 'Repay with UPI.' The next screen will display the amount and UPI ID to
transfer the funds to. Click on 'Repay' to complete the transaction. The
borrower has 60 minutes to complete the transaction, which will be indicated in
the app.
If a borrower
cannot repay the full loan amount and interest within the given time frame,
they will be called a defaulter. This means they will not be able to take out
another loan from CASHe.
Being a defaulter
means a borrower was not able to repay the money borrowed from CASHe on time.
This is not a good thing because CASHe trusted the borrower to pay them back.
If they cannot repay, their name may be put on the CASHe app, website, and
social network as someone who did not pay back the money they borrowed. CASHe
might also have to take steps to recover the funds from the borrower, and they
might even tell other places that give out loans that the borrower did not pay
back a loan.
No, if a borrower
did not pay back a loan they received from CASHe before, they will not be able
to get another loan from them. It's important to make sure they can pay back
the money borrowed on time to avoid becoming a defaulter.
The loan is
typically transferred instantly after approval of the documents. It is advisable
to ensure that the documents are clear and legible and in the correct formats
to expedite the loan processing.
Although the
credit appraisal process is usually quick, if additional information is
required to approve the loan, the borrower will be informed about their
eligibility immediately. However, CASHe will keep the borrower updated on the
status of the loan.
No, once the final
approval has been given, the borrower cannot make changes to the loan amount.
It is recommended to request the correct loan amount during the application
process.
If the borrower fails to disclose materially valuable information to determine their credit profile or provides false or misleading information, CASHe has the right to recall the disbursed cash. The borrower will be given 24 hours to repay the loan, after which they will be categorized as a defaulter and appropriate actions may be taken by the authorities.