You can apply for a CASHe Instant personal loan on easily. Just download the app and complete your profile by filling in the details on the application. The instant loan is available from Rs. 9,000 to Rs. 4 lakhs. The loan amount that is sanctioned depends upon the income and other factors that are considered before approving the loan application.
List of documents to be submitted CASHe Instant loan:
Proof of income: If you are a salaried person, then salary slips are required to be submitted to you as proof of income to the company. The salary slips from 3-6 months are what is expected.
For identity proof, a PAN card is allowed as is considered a valid proof of identity of the borrower for the company.
The borrower also has to submit the proof of address. The proof of address is where the borrower is permanently living or may not live at the address but your permanent house is the address given in the proof.
Along with all these documents, a social loan quotient should be submitted by the borrower. It is one of the first social behavior based credit systems.
The loan amount is disbursed instantly. Once the application process is done, verification of documents is done on the platform and the loan is disbursed to your account within a period of 15 - 20 minutes. The loan can be repaid using a bank transfer or even cheques.
The application shows updates like the loan has been approved and also updates related to disbursements in your accounts.