Cash Loans|Cash loans app|Instant cash loan app|New Student loan App
Hey there , we are back again with a fresh new and safe loan app. This
loan app provides you loan in very less time. This loan app does not provide
huge loans but can surely provide you loan amount instantly by doing all the
criteria needed. This loan app provides loan with no collateral and with
safety. There is no guarantee required to borrow loan from this loan app. You
may be wondering that what is the app name then the name of the app which we
are talking about is CASH LOANS app.
What is Cash Loans app?
So if you are new to apply for the loan then you must not heard of this
app name . This app as mentioned above provides instant loan to its users.
Although the loan amount is quite medium but it easily provides the loan.
Anyone can apply for the loan through this app either he is a student or adult
or any old man. This app is trusted as it has over the rating of 4.2 on the
Google play store. It has over 50 lacs plus downloads . So let us know some
more about this loan app.
Cash Loans app loan amount:
So you might be wondering that what is the loan amount that this loan
app offers because as mentioned above this loan app do not provide very high
amount of loan. The minimum amount of the loan that this app can provide is
rs2000 and the maximum amount of the loan offered by Cash loan app is upto
20,000.
Cash loans app tenure rate/duration:
The duration of the cash loans app is quite good. This loan app has a
tenure rate that vary from 100 days to 180 days that is approximately 3 months
to 6 months. This much of tenure rate is quite good for the loan amount to
repay on time.
Cash loan app Interest rate:
The most of the people who are looking for the instant personal loan
have something in common. The common thing is that they all are in hunger of
very low interest rate. The rate of interest of cash loans app vary from as low
as 10% to the maximum of 33% depending upon the profile of the person and his
loan amount borrowed.
Benefits and Features of Cash loans app:
Getting over to the benefits and features of this cash loans app. There
are many benefits of cash loans app which are as follows:
- The tenure rate has good
flexibility.
- The rate of interest is
quite good.
- There are many loan offer
available for the users from time to time.
- The best thing about this
loan app is that it has no hidden charges.
- There is instant loan approval
if the user is eligible for the loan.
Cash Loan App Calculator:
I will explain all this with the help of an example. If the person
borrows a loan amount of rs. 10,000 then the annual interest rate on it will be
20%. If the duration of the loan is 4 months that is 120 days then the daily
interest on the loan will be about Rs. 5.48. The total interest on the duration
of 4 months that is 120 days will be rs. 657.5. The total daily repayment will
be about rs.88.8 and the whole total repayment will be about rs.10,657.5. So
now have cleared all the doubts about the loan and the loan amount of 10k is
mostly taken by the people so it is a good example for all of you.
Cash Loan app Eligibility criteria:
Without talking much lets talk about the eligibility criteria that is
required to apply for the loan in cash loans app:
- The person must be a citizen
of India.
- The age of the person must
be atleast 21 years. If your age is less than 21 years then you can try
some other loan apps in our website so scroll down to the bottom and find
one.
- There is must need of ID
proof to apply for the loan.
So these were the eligibility criteria that one must keep in mind while
applying for the loan through cash loans app.
Documents needed for Cash Loans app:
The other thing that one must keep in mind are the documents required to
apply for the loan. So the documents that one must have to apply for the loan
in cash Loans app are :
1. The person must have
valid ID Proofs.
2. The ID proofs like
Aadhar card and PAN card are mandatory otherwise no will be able to apply for
the loan.
3. There is also need of
the monthly salary slip if you are a salaried person.
So these were the general documents required to apply for the loan by
cash loans app.
How to Apply Loan In Cash Loans app?
So now coming to the end of the article the must thing that is required
to get the loan is how to apply for the loan. The good thing about this app is
that there is no need of paperwork and you can easily apply from your home
through your phone or laptop. The steps to apply for the loan in cash loans app
are:
- Install the app from Google
play store.
- Register yourself by making
a new account of yours.
- Chose your loan amount and
duration of the loan that is for how much time you want the loan.
- Now fill all the personal
details and upload all the KYC documents.
- If you are found to be
eligible for the loan then the loan is approved within no time.
- The loan amount will
be directed to the bank account of the beholder.
So this was the article on the cash loans app. So I hope you liked the
article and if you want to know more about the instant loan apps then please do
comments. Till then see you bye bye.