CASHe Personal Loan Eligibility

CASHe personal loan eligibility determines whether you qualify for quick, app-based funding for your short-term financial needs in India. Understanding the criteria, documents, and key factors helps improve your chances of approval and better loan terms.

CASHe personal loan eligibility criteria focus primarily on your age, income, employment type, residence, and overall repayment capacity. Below are the benchmarks that improve the probability of quick approval and better offers:

• You should be an Indian resident or citizen
  

• You must be at least 18 years old
  

• You should be a salaried individual working with a registered employer, often in private, public or Multi-National Corporation (MNC) organisations.
  

• Your minimum monthly salary should be at least around ₹18,000 or more, based on product variant and city
  

• You must have a good credit profile or internal rating, even if strict CIBIL requirements for the CASHe Personal Loan eligibility score requirements are relaxed
  

• You should maintain an active bank account where your salary is credited every month
  

Several factors jointly determine CASHe loan eligibility and the loan amount and terms that you can receive. Understanding them helps you apply more strategically and improve approval chances.

Key factors include the following:

Credit score and profile

Your credit score reflects your past repayment behaviour and financial discipline. Lenders prefer higher scores because they signal lower risk. CASHe also uses an internal Social Loan Quotient (SLQ) to analyse your digital and financial profile. A strong profile and credit history improves approval chances and loan terms.

Income level

A higher and stable monthly income shows your ability to repay EMIs comfortably. Lenders assess your net income after expenses to estimate how much loan you can afford. Greater income often translates to eligibility for a larger loan amount and potentially better interest rates.

Employment stability

Consistent employment history, especially as a salaried worker, signals reliability and repayment capacity. Lenders value steady jobs in reputed companies, as frequent job changes or unstable work history may raise concerns about income continuity.

Existing obligations

Current EMIs, credit card dues, and other debts reduce your disposable income and increase your debt-to-income ratio. High obligations can limit your eligible loan amount because lenders consider your capacity to take on additional monthly payments.

Banking behaviour

Positive banking habits like regular salary credits, low overdrafts, and minimal cheque bounces demonstrate financial responsibility. Lenders view disciplined account behaviour as a signal of reliability, which can strengthen your loan eligibility and terms.

Improving CASHe personal loan eligibility involves strengthening your financial profile and reducing perceived risk for the lender. Small, consistent steps can make a noticeable difference over a few months.

Consider the following measures:

• Clear or reduce high-interest debts such as credit card dues to lower your overall debt burden
  

• Ensure timely repayment of all EMIs and bills to gradually improve your credit score and internal profile rating
  

• Maintain a healthy balance in your salary account and avoid frequent cheque bounces or penalty charges
  

• Avoid applying for multiple loans or credit cards simultaneously, as repeated enquiries may reflect credit hunger
  

• Keep all KYC and income documents updated, with consistent information across PAN, Aadhaar, and bank records
  
  

If your income is close to the minimum threshold, waiting until you receive an increment or showing additional income sources may strengthen CASHe loan eligibility. Using a CASHe personal loan eligibility calculator periodically helps you see the impact of such improvements before submitting a fresh application.