CASHe Interest Rate

A Personal Loan can make your dream come true, by providing the right financial aid. The right plan will help you revamp your entire abode or buy a new car or go to the dream destination for vacation. You can apply for a personal loan online, at Finserv MARKETS, as per your convenience.

CASHe Personal Loan provides benefits promptly. Interest rate in the range of 2.25% - 2.5% per month is charged. You are allowed to pay back your Personal Loan within a certain tenure, ranging from 90 days to 12 months. To know more about your Personal Loan EMI, you can evaluate your instalment for every month through the personal loan EMI calculator even before you ask for a Personal Loan. 

CASHe Personal Loan Interest Rates

Salaried individuals can now benefit from CASHe Personal Loans of up to Rs. 4 Lakhs through an online finance lending platform, Finserv MARKETS. You can get a Personal Loan at a very minimal interest rate ranging from 2.25% to 2.5% per month.

CASHe Interest Rates for Different Types of Loans

The CASHe personal loan interest rate ranges of CASHe Personal Loans for various time periods are discussed in the following section:

 

Tenure

Interest Rate 

90 Days Loan (CASHe 90)

2.5% per month

180 Days Loan (CASHe 180)

2.4% per month

270 Days Loan (CASHe 270)

2.25% per month

360 Days Loan (CASHe 1 Year)

2.25% per month

Take a look at the associated charges:

Loan Criteria

First time Processing Fee

90 Days Loan (CASHe 90)

Processing Fee starting from Rs. 85/- (maximum 2% of loan amount)

180 Days Loan (CASHe 180)

Processing Fee starting from Rs. 85/- (maximum 2% of loan amount)

270 Days Loan (CASHe 270)

Processing Fee starting from Rs. 85/- (maximum 2% of loan amount)

360 Days Loan (CASHe 1 Year)

Processing Fee starting from Rs. 85/- (maximum 2% of loan amount)

540 Days Loan (CASHe 1.5 Year)

Processing Fee starting from Rs. 85/- (maximum 2% of loan amount)

 

CASHe Reducing Balance vs Flat Rate Interest Calculation

The below section discusses the two types of calculation of interest rates which are reducing balance and flat rate interest calculation.

Flat rate is also known as the flat balance process of calculating the interest. In this flat rate or flat balance calculation method, the total interest on the total tenure of loan is evaluated. This is done keeping aside the part of principal that has already been repaid. The flat rate does not consider the fact that the equated monthly installment of EMIs of every month eventually lessens the CASHe Personal Loan principal amount.

On the other hand, using the reducing balance process, with the reduction in the CASHe loan interest every month, the interest that has to be paid further also diminishes by the time.

Although the flat balance or flat rate interest rates are usually lesser than the reducing balance interest rates, the flat rate can give an elevated interest pay on the Personal Loan.

How to Get Low-Interest Rates on your CASHe Personal Loan

To get low rates on your CASHe Personal Loan you have to:

  • Lessen your current debt

  • Clear your outstanding dues and credit card bills, on a timely basis

  • Create and retain a good employment history

  • Boost your CIBIL score

Factors Affecting Interest Rates

The factors affecting interest rates are given below:

  • Income

  • Your professional experience

  • Your age

  • The amount of the loan asked for

  • CIBIL Score

FAQs on CASHe Personal Loan Interest Rate

  • ✔️What is the CASHe Personal Loan interest rate?

    The CASHe Personal Loan interest rate ranges from 2.25% to 2.5% every month.

  • ✔️Who can avail a Personal Loan from CASHe?

    Salaried individuals can apply for CASHe Personal Loan at Finserv MARKETS.

  • ✔️What is the minimum and maximum loan amount that I can avail as a Personal Loan from CASHe?

    The minimum loan amount that you can avail as a Personal Loan from CASHe is ₹7,000 whereas the maximum Personal Loan amount from CASHe goes up to ₹4 Lakhs.

  • ✔️How can I repay my CASHe Personal Loan?

    To pay back your CASHe Personal Loan, you can use either NEFT or UPI or IMPS system.