Cashe Personal Loan Review 2025: Cashe is a popular personal loan app in India that offers loans starting from ₹15,000 to ₹4,00,000. The app is known for its quick and easy application process, as well as its competitive interest rates and fees.
In this blog post, we will provide a comprehensive review of Cashe personal loans, including how to apply for a loan online, eligibility requirements, charges, interest rates, documentation, and repayment process.
We will also share some customer reviews of Cashe personal loans so that you can get a better idea of what other borrowers have experienced. By the end of this post, you will have all the information you need to decide if Cashe is the right personal loan lender for you.
What is Cashe?
Cashe is a digital lending platform that offers instant personal loans to young salaried professionals in India. The company was founded in 2016 by Anuj Kacker, Ashish Agarwal, and Abhishek Garg.
Cashe uses a proprietary technology called Social Loan Quotient (SLQ) to assess the creditworthiness of borrowers, even those who do not have a formal credit history. This allows Cashe to offer loans to borrowers who may be ineligible for traditional bank loans.
Cashe offers personal loans ranging from ₹15,000 to ₹4,00,000 for tenures of up to 1.5 years.
The interest rates on Cashe loans start at 9.99% p.a., and there are no processing fees.
The application process for a Cashe loan is quick and easy, and can be completed entirely online.
Borrowers can expect to receive their loan amount within 24 hours of approval.
Cashe Personal Loan Benefits & Features
- Less paperwork. Cashe personal loans require less paperwork than traditional bank loans. You can apply for a Cashe loan entirely online, and you only need to submit a few documents, such as your PAN card, Aadhaar card, and bank statement.
- Quicker process. The Cashe personal loan application process is much quicker than the traditional bank loan process. You can get approved for a Cashe loan in just 15 to 20 minutes, and the funds will be disbursed to your bank account within 24 hours of approval.
- Remote application. You can apply for a Cashe personal loan from anywhere in India as long as you have internet connectivity.
- Quick disbursal. Once your Cashe personal loan is approved, the funds will be disbursed to your bank account within 24 hours.
- No asset requirement. Cashe personal loans are unsecured loans, which means that you do not need to provide any collateral to secure the loan.
- User-friendly interface. The Cashe personal loan application process is very user-friendly. The website and app are easy to navigate, and the application process is clear and concise.
- Flexible repayment options. You can choose to repay your Cashe personal loan in EMIs, a lump sum, or a combination of both.
- No prepayment penalty. You can repay your Cashe personal loan in full at any time without incurring any prepayment penalty.
- Loan amount eligibility check. You can check your eligibility for a Cashe personal loan without affecting your credit score.
- Secured personal loan option. You can secure your Cashe personal loan with a collateral, such as a car or a house, to get a lower interest rate.
- Loyalty rewards program. Cashe members can earn Crown Rewards points for every EMI they pay on time. These points can be redeemed for gift cards, travel vouchers, and other rewards.
Overall, Cashe Personal Loan is a great option for borrowers who are looking for a quick, easy, and affordable loan. The company offers a number of advantages over traditional bank loans, including less paperwork, a quicker process, remote application, quick disbursal, no asset requirement, and a user-friendly interface.
Cashe Personal Loan Eligibility
The eligibility and disbursal limits for a loan from CASHe vary depending on the loan tenure and the borrower’s salary.
| Loan tenure | Loan eligibility | Minimum loan amount | Maximum loan amount |
|---|---|---|---|
| 90 days (3 months) | Up to 110% of net monthly salary | ₹15,000 | ₹1,10,000 |
| 180 days (6 months) | Up to 210% of net monthly salary | ₹25,000 | ₹2,10,000 |
| 270 days (9 months) | Up to 310% of net monthly salary | ₹50,000 | ₹2,58,000 |
| 360 days (12 months) | Up to 400% of net monthly salary | ₹75,000 | ₹3,00,000 |
| 540 days (18 months) | Up to 500% of net monthly salary | ₹1,25,000 | ₹4,00,000 |
The minimum salary eligibility for a CASHe personal loan is ₹15,000. The maximum loan amount that you can borrow depends on your salary and the loan tenure.
For example, if you have a salary of ₹25,000, you can borrow a maximum of ₹2,10,000 for a 180-day (6-month) loan.
You can check your eligibility for a CASHe personal loan by using the company’s online eligibility calculator. The calculator will ask you for some basic information, such as your salary, age, and credit score.
Once you have submitted the information, the calculator will give you an estimate of how much you can borrow and the interest rate that you will be charged.
If you are approved for a CASHe personal loan, the funds will be disbursed to your bank account within 24 hours. You can then use the funds for any purpose that you choose.
Note: It is important to note that the eligibility and disbursal limits for CASHe personal loans are subject to change. You should always check with the company for the latest information before you apply for a loan.
Cashe Personal Loan required documents
- PAN card
- Latest bank statement
- Aadhaar card
- Permanent address proof
- Current address proof
- Selfie
You can upload the documents required for a CASHe Personal Loan online or through the Cashe app. The documents will be verified by Cashe’s team, and if they are approved, the loan will be disbursed to your bank account within 24 hours.
Cashe Personal Loan Interest Rate
CASHe offers competitive interest rates on its personal loans. The interest rate is 2.50% per month (Equivalent to reducing the balance interest rate to 3.71% per EMI) on the loan amount. This is lower than the interest rates offered by many other lenders. Use Personal Loan EMI Calculator to calculate interest rates.
CASHe also offers a 5-day interest-free grace period to pay your EMI at the end of every month. It means that you do not have to pay any interest on your loan amount for the first 5 days of the month. However, if you do not pay your EMI within the grace period, you will be charged interest at the regular rate.
Cashe Personal Loan Other Charges
- Processing fee: CASHe charges a processing fee on its personal loans. The processing fee varies depending on the loan amount and tenure.
- 90 days: ₹85 flat for loans amounting from ₹0 to ₹5,999, ₹500 flat for loans amounting from ₹6,000 to 33,333, and 1.50% for loans amounting from ₹33,334 to ₹99,999
- 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
- Late payment fee: CASHe charges a late payment fee of 0.7% of the outstanding amount if you do not make your EMI payment on time.
- Other charges: CASHe may charge other fees, such as a documentation fee or a renewal fee. These fees will be disclosed to you at the time of applying for the loan.
Note: Please note that the charges and fees related to your personal loan with CASHe may vary depending on your individual circumstances. You should always check with CASHe for the latest information before you apply for a loan.
Cashe Personal Loan Apply Online
- Go to the Cashe website or download the Cashe app.
- Click on the “Apply Now” button.
- Enter your basic information, such as your name, email address, and phone number.
- Upload your PAN card, latest bank statement, and Aadhaar card (optional).
- Provide your employment details, such as your salary and company name.
- Verify your identity and address.
- Submit your application.
Once you have submitted your application, Cashe will review it and get back to you within 24 hours. If your application is approved, the funds will be disbursed to your bank account within 24 hours.
Cashe Personal Loan Repayment Process
- Log in to your Cashe account.
- Click on the “Repay Loan” button.
- Enter the amount you want to repay.
- Choose a payment method. You can pay online, through the Cashe app, or by bank transfer.
- Click on the “Pay Now” button.
You can also set up a recurring payment so that your payments are made automatically each month. To do this, follow these steps:
- Log in to your Cashe account.
- Click on the “Profile” tab.
- Click on the “Payment Settings” tab.
- Select the “Set up recurring payment” option.
- Enter the amount you want to repay each month.
- Choose a payment method.
- Click on the “Save” button.
Your Cashe Personal Loan repayments will be made on the same day of each month. You can track your repayments in your Cashe account.
If you miss a payment, Cashe will charge you a late payment fee of 0.7% of the outstanding amount. You will also be subject to a 5-day interest-free grace period.
However, if you do not make your payment within the grace period, you will be charged interest at the regular rate.
Cashe Personal Loan Customer Care Number
Cashe doesn’t provide any customer care number on his site for customer support but, they provide Email Support as follows:
| or technical issues related to the mobile application | [email protected] |
| For sending documents related to your loan application | [email protected] |
| For payments-related issues | [email protected] |
| For Bureau score-related matters | [email protected] |
| For matters related to NOC / Statement of Accounts | [email protected] |
| For matters related to loan restructuring | [email protected] |
Things that must knows before applying a personal loan
- Maintain a good credit history. Your credit history is a record of your past borrowings and repayments. Lenders use your credit history to assess your creditworthiness, which is their measure of how likely you are to repay a loan. If you have a good credit history, you will be more likely to get a personal loan and at a lower interest rate.
- Check the all-in cost. Besides the interest charges, there are other fees involved in taking out a personal loan, such as processing fees, late payment fees, and prepayment penalties. Make sure you understand all of the fees associated with a loan before you apply.
- Choose the right loan product for your needs. There are many different types of personal loans available, with different interest rates, terms, and fees. It is important to choose a loan that meets your specific needs and budget.
- Make sure you can afford the monthly payments. Before you take out a personal loan, make sure you can afford the monthly payments. Calculate your monthly expenses and income to see how much you can afford to repay each month.
- Choose a reputable lender. There are many lenders offering personal loans, so it is important to choose one that is reputable. Do some research to find a lender with a good reputation and that offers competitive interest rates and fees.
- Read the terms and conditions carefully. Before you sign any paperwork, make sure you read the terms and conditions carefully. This will help you understand your rights and responsibilities as a borrower.
Also Read: Dhani No EMI Personal Loan: Is Dhani Giving Personal Loan Without Interest?
Is Cashe Loan Safe?
CASHe is a registered NBFC (Non-Banking Financial Company) and is regulated by the Reserve Bank of India (RBI). This means that CASHe is required to follow certain lending practices and regulations, which makes it a safe lender.
In addition, CASHe has a good reputation and has been in business for several years. The company has a large customer base and has received positive reviews from borrowers.
Cashe Personal Loan Review & Overview
CASHe provides short-term personal loans with flexible repayment terms and loan amounts to suit your needs. You can borrow anywhere between ₹1,000 and ₹4 lakhs, and repay your loan over a period of 3 to 18 months.
| Product | Min. Monthly Salary Eligibility | CASHe 540 (18 months) | Loan Eligibility Max. | Rate of Interest | 1st Time Processing Fee | Processing Fee for Repeat Loans |
|---|---|---|---|---|---|---|
| CASHe 90 (3 months) | Rs 12,000 | Rs. 1,000 Rs. 110,000 | 110% of the net monthly salary | 2.5% / month on loan amount (Equivalent reducing balance interest rate 3.71% per EMI) | • 6.5% of loan amount below Rs.10K • 5.5% of Loan amounts above Rs.10K | • 4.5% of loan amount below 10K • 3.5% of Loan amounts above 10K |
| CASHe 180 (6 months) | Rs 20,000 | Rs. 25,000 Rs. 210,000 | 210% of the net monthly salary | 2.4% / month on loan amount (Equivalent reducing balance interest rate 3.98% per EMI) | • 6.5% of loan amount below Rs.10K • 5.5% of Loan amounts above Rs.10K | • 4.5% of loan amount below 10K • 3.5% of Loan amounts above 10K |
| CASHe 270 (9 months) | Rs 25,000 | Rs. 50,000 Rs. 258,000 | 310% of monthly income | 2.25% / month on loan amount (Equivalent reducing balance interest rate 3.86% per EMI) | • 6.5% of loan amount below Rs.10K • 5.5% of Loan amounts above Rs.10K | • 4.5% of loan amount below 10K • 3.5% of Loan amounts above 10K |
| CASHe 360 (1 year) | Rs 40,000 | Rs. 75,000 Rs. 300,000 | 400% of monthly income | 2.25% / month on loan amount (Equivalent reducing balance interest rate 3.88% per EMI) | • 6.5% of loan amount below Rs.10K • 5.5% of Loan amounts above Rs.10K | • 4.5% of loan amount below 10K • 3.5% of Loan amounts above 10K |
| CASHe 540 (18 months) | Rs. 50,000 | Rs. 125,000 Rs. 400,000 | 500% of monthly income | 2.25% / month on loan amount (Equivalent reducing balance interest rate 3.85% per EMI) | • 6.5% of loan amount below Rs.10K • 5.5% of Loan amounts above Rs.10K | • 4.5% of loan amount below 10K • 3.5% of Loan amounts above 10K |
Also Read: Payme India Personal Loan Review: Is Payme India Loan RBI Approved?
FAQs
What is the interest rate for a Cashe Personal Loan?
The interest rate for a Cashe Personal Loan depends on the borrower’s credit score and the amount of the loan. The interest rate can range from 9.99% to 30.42%.
What are the fees associated with a Cashe Personal Loan?
In addition to the interest rate, there are also some fees associated with a Cashe Personal Loan. These fees include a processing fee, a late payment fee, and a prepayment penalty. The processing fee is typically ₹500 to ₹1,200. The late payment fee is 0.7% of the outstanding amount.
What are the eligibility requirements for a Cashe Personal Loan?
To be eligible for a Cashe Personal Loan, you must meet the following requirements:
You must be a salaried employee
You must have a minimum monthly income of ₹15,000
You must have a minimum credit score of 750
You must be a resident of India
How do I apply for a Cashe Personal Loan?
You can apply for a Cashe Personal Loan online or through the Cashe app. The application process is quick and easy. You will need to provide some basic information, such as your name, email address, phone number, PAN card, and latest bank statement.
How long does it take to get a Cashe Personal Loan?
Once you apply for a Cashe Personal Loan, your application will be reviewed and you will be notified of the decision within 24 hours. If your application is approved, the funds will be disbursed to your bank account within 24 hours.
Is CASHe an Indian company?
Yes, CASHe is an Indian company. It was founded in 2016 and is headquartered in Mumbai, India. CASHe is a subsidiary of Bhanix Infomedia Pvt. Ltd., which is also a financial technology company. Bhanix Infomedia is a registered NBFC (Non-Banking Financial Company) and is regulated by the Reserve Bank of India (RBI).
Is CASHe approved by the RBI?
Yes, CASHe is approved by the Reserve Bank of India (RBI). CASHe is a registered NBFC (Non-Banking Financial Company) and is regulated by the RBI.
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