Loan App Details & Reputation
App Name
CASHe
Tagline/Description
Your go-to app to achieve your financial freedom
Developer/Company Name
Bhanix Finance and Investment Limited
Website URL
Social Media Handles
Facebook: @cashe.co.in | Twitter: @CASHeApp | Instagram: @casheapp
Contact Information
Not publicly listed (in-app support available)
License and Registration Details
RBI registered NBFC
Latest News/Updates
July 2024: CASHe announced a partnership with Google Pay to offer instant loans to eligible users.
Loan Details
Loan Amount (Minimum and Maximum)
₹1,000 to ₹4,00,000
Interest Rate (Daily, Weekly, Monthly, Annually)
1.50% to 3.50% per month (18% to 42% APR)
Loan Tenure (Minimum and Maximum)
3 months to 18 months
Repayment Options
EMI, credit line, Buy Now Pay Later (BNPL)
Fees (Processing, Late Payment, etc.)
Vary depending on loan type and amount. Processing fees range from 1% to 3%. Late payment fees apply.
Eligibility Criteria (Age, Income, Credit Score, etc.)
- Age: 21 to 58 years
- Salaried individual
- Minimum monthly income: ₹15,000
- Valid KYC documents (PAN, Aadhaar)
- Good credit history preferred
Documents Required
PAN card, Aadhaar card, bank statements, salary slips
Loan Purpose
Personal expenses, medical emergencies, education, travel, etc.
App Ratings and Reviews
Google Play Store Rating
4.4 stars (10M+ downloads)
Apple App Store Rating
4.6 stars
Trustpilot Rating
Not available on Trustpilot
Google Reviews
Mostly positive, praising quick disbursal and easy process. Some complaints about high-interest rates and customer service.
User Reviews and Feedback
Positive Reviews
Fast and convenient loan process, good for emergency funds, flexible repayment options.
Negative Reviews
Concerns about high-interest rates, aggressive collection practices, and occasional technical issues.
Customer Support
Contact Channels
In-app support, email, call back option
Support Hours
9 AM to 9 PM (Monday to Saturday)
FAQs and Knowledge Base
Comprehensive FAQ section on website and app
Loan Disbursal and Repayment
Disbursal Time
Within hours (for eligible borrowers)
Repayment Options
EMI, debit card, net banking, UPI
Late Payment Fees and Penalties
Late fees and charges apply, details in loan agreement.
Additional Features
Credit Score Check and Reporting
Not explicitly mentioned
Loan Calculator and EMI Simulator
Available on website and app
Financial Education Resources
Blog articles and resources on personal finance
Referral Programs or Incentives
Referral program with rewards for both referrer and referee
Regulatory Compliance
RBI or NBFC License Details
RBI registered NBFC
Compliance with Indian Banking Regulations
Yes
Step-by-Step Guide to Using MoneyTap
Download and Install
From Google Play Store or Apple App Store.
Google Play Store Link
Apple Store Link
Registration
Using mobile number and OTP
Profile Completion
Personal, employment, and financial details.
KYC Verification
Upload documents (PAN, Aadhaar, etc.).
Loan Application
Select loan type and amount or apply for a credit line
Approval and Disbursal
If approved, funds transferred to bank account
Repayment
Through app using various methods
Disclaimer
The information presented in this document regarding loan apps is intended for general informational purposes only and is current as of the date of this post. It is compiled from sources believed to be reliable, including official websites, app stores, and user reviews. However, the financial landscape, app features, interest rates, and terms can change rapidly.
Instantloansindia does not endorse any specific loan app or guarantee the accuracy, completeness, or timeliness of the information provided. It is crucial that users verify all information directly with the respective loan app or financial institution before making any financial decisions.
Instantloansindia shall not be held liable for any damages, losses, or liabilities arising from the use or reliance on the information herein. Users are solely responsible for their financial choices and should consult with qualified professionals for personalized financial advice.