Are you considering a personal loan for your next big purchase or to cover personal expenses, but don’t know where to start or how? CashBean may be the right solution for you.
CashBean Personal Loan provides a quick and easy way to borrow the money you need. Read this article to know more about Cashbean’s features, benefits, interest rates and documents required for application.
CashBean Personal Loan Highlights
| Rate of interest | Starting from 12% per annum |
| loan amount | up to Rs 1 lakh |
| loan period | 91 to 365 days |
| processing phases | Rs 90 to Rs 2,000 + GST |
Cashbean Personal Loan
CashBean is a mobile app that provides instant personal loans to salaried professionals. Cashbean offers personal loans within 10 minutes with minimal documentation. With CashBean you can invest from Rs 10,000 to Rs 1 lakh.take personalCan take advantage of no. You can download it from Google Play Store on your smartphone.CashBean App You can apply for loan by downloading it for free or by visiting the official website of Cashbean.
CashBean Personal Loan Interest Rates
The interest rate on CashBean Personal Loan is a great option for any person to take a loan. The interest rate is very competitive, and the loan can be used for a variety of purposes. Whether you need to consolidate debt, make a large purchase, or cover an emergency expense, a Cashbean Personal Loan can help.
CashBean Personal Loan interest rates start from 12% per annum and go up to 24% per annum. These rates depend on several factors such as the age of the applicant, monthly income, loan amount and loan tenure.
CashBean App Personal Loan EMI Calculator
If you are looking to take a loan, you may want to consider using an EMI calculator. The calculator below can help you determine your monthly payments as well as the total cost of your loan. The calculator is easy to use and requires only a few pieces of information.
First, you need to enter the amount you want to borrow. Next, you need to enter the interest rate you are being charged. Finally, you have to enter the number of months for which you want to repay your loan. Once you enter all this information, the calculator will give you your monthly payment and the total cost of your loan.
Features and Benefits of CashBean Personal Loan
Following are the features and benefits of Cashbean Personal Loan:
- Loan amount: You can avail personal loan up to Rs 1 lakh from Cashbean.
- Instant Loan: CashBean reviews loan applications in just 30 minutes, and once the loan is approved, the loan amount is deposited directly into your bank account in 5 minutes.
- Paperless Process: The entire loan process is paperless and digital through your mobile.
- Credit score not required: You do not need to have a credit history to avail a personal loan from Cashbean.
- Simple Application Process:Applying for a personal loan from Cashbean is very simple as it can be completed online. You can apply and access the loan from anywhere at any time.
- Repayment Options: You can repay your personal loan from CashBean through various convenient repayment methods.
- Credit Score: With a good credit score, the eligible loan amount increases gradually. To check your credit scoreclick here Do.
Eligibility Criteria for CashBean Personal Loan
The following eligibility criteria must be met for CashBean Personal Loan:
- age: The age of the applicant should be minimum 21 years and maximum 56 years.
- employment: Applicant must be a salaried or self-employed professional.
- Income: There should be a regular source of income.
- Citizenship: Applicant should be an Indian citizen.
- Bank Account: The applicant must have an active bank account.
Documents Required for Cashbean Personal Loan
Following are the documents required for applying for a personal loan from Cashbean:
- your selfie
- Photo Identity Proof: PAN card
- Identity proof (any one): Aadhar Card, Voter ID Card, Driving License, Passport, etc.
- Proof of address (any one): Driving License, Passport, Voter ID Card, Utility Bills like Electricity Bill, Landline Phone Bill etc.
- Salary slip.
- Bank details showing salary credit.
Different Types of CashBean Personal Loan
Following are the different types of Cashbean Personal Loan:
- Salary advance: Cashbean offers instant personal loans to salaried professionals before receiving their salary with a limit of up to Rs 1 lakh.
- Cash loan: CashBean offers cash loans at competitive interest rates with easy and quick approval.
- Instant loan: Working professionals can avail instant loan from Cashbean from Rs 10,000 to Rs 1 lakh without any credit history to meet their immediate cash expenses.
- Private loan: Whether it’s to celebrate special occasions, or wish your family and friends birthdays, wedding anniversaries, shopping or home renovation etc., Cashbean offers you instant personal loans.
- Small loan: You can manage your expenses by taking a small loan from CashBean and repay the loan after getting your salary.
Other charges of Cashbean Personal Loan
Cashbean offers attractive interest rates on personal loans. Additionally, here is the list of other charges applicable on CashBean Personal Loan:
| Rate of interest | 12-24% per annum |
| processing fee | up to Rs 3000 |
| late payment penalty | 2% |
| Stamp duty for loan documentation | according to the law |
| membership fee | For primary membership1-month: Rs 1203-month: Rs 250for senior membership3-month: Rs 3006-month: Rs 600 |
How to apply for Cashbean Personal Loan?
To apply for CashBean Personal Loan, follow the steps given below:
- Phase 1: From Google Play Store in your smartphoneCashBean App Download Do it.
- Phase 2: Cashbean App Register yourself by entering your phone number.
- step 3: Enter the loan amount along with your basic information and submit the application form.
- step 4: You may receive a phone call from a Cashbean representative for verification.
- Step 5: If your loan is approved, you will be informed by SMS.
- Step 6:Sign the loan agreement online after approval.
- Step 7: After e-sign, the loan will be credited to your bank account within a few minutes.
Cashbean Customer Care Number
Cashbean provides one of the best customer services to its customers. You can contact CashBean Customer Care at various touchpoints given below:
- Cashbean Customer Care Number: 18005728088, 0124-6036666 (Daily 9 AM to 8 PM, except public holidays)
- email id: Cashbean.help@pcfinancial.in
- Address: Building RZ-2, Pole No.-3, G/F, Near HDFC Bank, Kapashera, New Delhi-110037
