Loan amount: from ? 1,500 to ? 60,000.
Tenure: the shortest tenure is 91 days, the longest tenure is 365 days. Interest rate: Depends on the customer’s risk profile and loan tenure. The maximum interest rate is 33% per annum. Itd
For example: If the loan amount is ?10,000 and the interest rate is 30% per annum with the tenure of 91 days, after deducting the processing fee, the interest payable is as follows :
Interest = ? 10,000 * 30% / 365 * 91 = ? 748.
Get fast, fair, convenient and affordable online loans on CashBean–India’s instant personal loan app
CashBean is an Instant Personal Loan Platform for Indian mobile users. Presented by certified NBFC, CashBean fulfills customers’ financial needs 7*24 completely online. The application process takes just a few steps with minimal documentation in no more than 10 minutes and the approved loan amount is immediately transferred to the applicant’s bank account.
1. No credit history required.
2. Paperless and digital process on your mobile.
3. Get 7*24 access to loan anytime and anywhere.
4. Speedy review in 30 minutes.
5. Disburse to your bank account directly in 5 minutes once approved.
6. Available across India.
7. As the credit score grows, the Sanctioned amount gradually increases.
Variety of convenient repayment methods.
1. Indian Resident.
2. 21-56 years old.
3. Source of a monthly income.
How it works:
1. Install the CashBean APP from the Play Store.
2. Register an account.
3. Select the product you would like to apply for.
4. Fill out your basic information, then submit the application.
5. After the submission, you may receive a call for verification. The final application result will be shown in the APP and sent via SMS if approved.
6. E-sign the loan agreement after the approval.
7. After the E-sign, the approved loan amount will be disbursed into your account within 5 minutes and a SMS notification will be sent.
All the transactions are secured via a 256-bit SSL encryption. All the data are transferred over secured connections. We do not share your data with any third parties without your consent. Your data is totally safe with us.