Cashe
Personal Loan

CASHe is powered by Bhanix Finance and Investment Ltd., which is an RBI registered NBFC (Non-Banking Financial Company). It follows the norms laid down by the RBI. 

No. CASHe uses its own credit rating system called the Social Loan Quotient (SLQ), a new social behaviour-based credit rating system to offer faster instant CASHe finance to young millennials who usually do not have good CIBIL score. This feature makes CASHe one of the best Loan Apps in India.

Once the profile is completed and the documents uploaded, SLQ will start the credit-rating ordeal and within no time you will get the rating. If the SLQ profile rating is 'Good', then you can go ahead and apply for the loan with the 'Get Cashe' tab. Your score will be displayed immediately. If the SLQ profile rating is 'Poor', you need not apply for the loan. You can wait till the score improves. The more you use the Cashe app responsibly, the better will be your SLQ score.

It is very much necessary to have a smartphone to access the CASHe app.

The creditworthiness is assessed by your presence on the social networking sites since it gives information about your identity and whether you fit into the ethos of CASHe. The social media accounts are accessed just to give the lender any idea about your activities and identity. Under no circumstances, the data will be shared with any third parties nor the personal data retrieved without your permission.

Once you have registered with CASHe and have availed a personal loan, you need not register again. You are free to borrow any number of times. During the first registration, the documents will be uploaded. Thereafter you need not repeat the ordeal for the next 180 days. In the meanwhile, if there is any change in employment or residence, the same should be informed and the necessary documents in respect of the change should be uploaded.

Yes, the loan may be given on production of post-dated cheques and for select customers only.

A request can be raised once again after three months from the date of the earlier request if you feel that there is an improvement in your creditworthiness. However, decision making is solely at the lender's discretion.

For 90 and 180 days loan, you will get a 7 days interest-free grace period for repaying your dues at the end of each paying month. Delaying the payment of 90 days loan even after the grace period will attract a 0.7% flat interest fee (that includes the 7 days grace period too) on subsequent weeks thereafter.

The rights to recall the loan with a prior notice rests with the lender. If the information provided by you turns out to be incorrect, the lender can demand for the repayment of the loan within 24 hours. In such circumstances, you will be viewed as a defaulter and will be liable for the applicable penalty and appropriate action by the competent authority.

Payment for CASHe Personal Loan online can be made only through NEFT. CASHe CLN# will be the Account Number and the Beneficiary will be Bhanix Finance and Investment Ltd. The IFSC code will be KKBK0000958. Verify and enter the correct details before transferring the funds.

To make repayments through UPI, follow the steps given below:

• Register your UPI ID with CASHe
• Choose the 'My CASHe' screen on the app
• Click on the Current due tab and the amount due will be indicated
• Choose on the "Repay with UPI". Here the amount to be transferred and the UPI ID for which the amount has to be transferred will be indicated.
• Choose the option 'Repay'

The processing of the transaction may take 60 minutes. If the transaction does not complete within 60 minutes, then the whole process has to be repeated.

Yes, any number of referrals can be made, provided the referrals made are all salaried persons. Every successful referral will fetch you Rs. 500 and the person referred will get a discount of 50% on the processing fee for the loan applied from CASHe.

The PayTM Account should be integrated with CASHe app to make the transfer. You can transfer a part of the amount as intended by you with a maximum of Rs. 19,500 into your PayTM account directly from CASHe and the balance can be transferred to your bank account. There is a cap on monthly wallet funding for PayTM, which is Rs. 19,500 and so you can transfer only to the extent of Rs. 19,500 to PayTM from CASHe.

Yes, the money can be transferred to any valid phone number or email ID. An SMS will be sent to the beneficiary asking him/her to register for PayTM and claim the amount. If the registration is not done and the amount not claimed within 7 days, the amount will be transferred to the borrower's bank account that is registered on CASHe on the 9th day.

CASHe Buddy Transfer is a feature wherein money can be transferred from CASHe app to the friends and family members who are listed in the phone contact.

You have to access the Get CASHe screen on the CASHe app and request for a loan. Under the option for transfer of funds, you can either choose a transfer to Paytm or Transfer to Friend. You can choose the Transfer to Friend option and 5 people from your phone contact list. You will have to next specify the amount to be transferred to each of them and confirm. The amount will then be transferred to the selected beneficiaries.

Yes, you can shift your CASHe personal loan tenure from 62 days to 90/180/270 days or 1 year as soon as you clear all outstanding of your previous loan(s). Make sure you make timely repayments of your existing loans (if any) to have a positive SLQ scores with CASHe.

CASHe does not interact with its customers on phone. However, you can email them at support@cashe.co.in for any queries regarding their loan products. They will respond as quickly as possible. If you wish to know about enterprise package, you can send email to partner@cashe.co.in.