CASHe Personal Loan 2025: Benefits, Eligibility, Documents

Ever been stuck at 2 AM wondering if you’ll get that loan approval?

Been there.

The Cashe personal loan might just be the answer you’ve been looking for.

Let me break down everything you need to know about getting money fast without the usual banking drama.

Cashe Personal Loan Quick Overview

What Is Cashe and Why Should You Care?

Cashe isn’t your typical bank.

They’re a fintech company that actually gets it.

No long queues. No endless paperwork. No “sir, please come back tomorrow” nonsense.

I remember when my friend Raj needed ₹50,000 for his sister’s wedding.

Traditional banks wanted 15 documents and 3 weeks.

Cashe gave him approval in 24 hours.

That’s the difference.

Cashe Personal Loan Benefits That Actually Matter

Lightning-Fast Processing

Most people think fast loans mean bad loans.

Wrong.

Cashe processes applications in minutes, not days.

Here’s what you get:

• Instant approval for eligible applicants
• Same-day disbursal in many cases
• 24/7 application process because emergencies don’t wait

No Collateral Drama

Traditional banks want your house. Your car. Your firstborn.

Cashe doesn’t.

It’s an unsecured personal loan.

Your salary slip is your security.

Flexible Loan Amounts

Need ₹10,000 for a medical emergency? Or ₹5 lakhs for home renovation?

Cashe covers it.

Loan amounts: ₹10,000 to ₹15,00,000

That’s a pretty wide range.

Interest Rates That Won’t Kill You

Let’s talk numbers.

Interest rates: Starting from 18% per annum

Yeah, it’s not the cheapest money you’ll ever borrow.

But it’s competitive for instant loans.

And way better than credit card debt at 36-48%.

Repayment Options That Work

Tenure: 6 months to 60 months

You pick what works for your budget.

Short tenure = higher EMI but less interest. Long tenure = lower EMI but more interest overall.

Your call.

Cashe Personal Loan Eligibility – The Real Deal

Most banks make eligibility sound like rocket science.

It’s not.

Age Requirements

Minimum age: 23 years Maximum age: 55 years

Pretty standard stuff.

Employment Criteria

Here’s where it gets interesting.

For Salaried Employees:

• Minimum work experience: 1 year
• Current job: At least 6 months
• Company should be recognized by Cashe

For Self-Employed:

• Business vintage: Minimum 2 years
• ITR filing: Last 2 years
• Business should be profitable

Income Requirements

Minimum monthly income: ₹20,000

That’s it.

No complex calculations. No “net disposable income” gymnastics.

Just clean ₹20K hitting your account monthly.

Credit Score Reality Check

Here’s the truth bomb.

Minimum CIBIL score: 650

Most premium lenders want 750+.

Cashe is more flexible.

Had a rough patch? A few missed EMIs in the past?

Still got a shot.

Location Restrictions

Service areas: Major Indian cities

Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Pune, and more.

Check their website for your city.

They’re expanding fast.

Cashe Personal Loan Documents – Keep It Simple

Banks love documents.

The more, the better (for them).

Cashe keeps it real.

Identity Proof (Pick One)

• Aadhaar Card
• PAN Card
• Passport
• Driving License
• Voter ID

Address Proof (Pick One)

• Aadhaar Card (if it has current address)
• Utility bills (not older than 3 months)
• Rent agreement
• Bank statement

Income Proof

For Salaried:

• Last 3 months’ salary slips
• Last 6 months’ bank statements
• Employment letter

For Self-Employed:

• Last 2 years’ ITR
• Last 6 months’ bank statements
• Business registration documents

Additional Documents

• Latest photograph
• Form 16 (if available)
• Existing loan statements (if any)

That’s it.

No birth certificates. No school leaving certificates. No “get this notarized” drama.

How to Apply for Cashe Personal Loan – Step by Step

Step 1: Check Eligibility

Don’t waste time if you don’t qualify.

Use their eligibility calculator online.

Takes 30 seconds.

Step 2: Fill Application

Online application: 5-10 minutes max

Basic details:

• Personal information
• Employment details
• Loan requirements

Step 3: Upload Documents

Use your phone.

Click pictures of documents.

Upload directly.

No scanning required.

Step 4: Verification Process

Document verification: Usually within 24 hours

Sometimes they call for clarification.

Answer honestly.

Step 5: Approval and Disbursal

Approval time: Few hours to 2 days Disbursal: Same day or next working day

Money hits your account.

Party time.

Interest Rates and Charges – The Full Picture

Let’s talk money.

No hidden surprises.

Interest Rates Breakdown

Starting rate: 18% per annum Maximum rate: Can go up to 36%

Rate depends on:

• Your credit score
• Income level
• Loan amount
• Repayment tenure

Better profile = better rates.

Processing Fees

Processing fee: Up to 5% of loan amount

Most lenders charge this.

It’s upfront.

Factor it into your calculations.

Other Charges

Late payment charges: Up to 36% per annum on overdue amount Bounce charges: ₹750-₹1000 per bounce Foreclosure charges: Usually 2-5% if you close early

Read the fine print.

Always.

EMI Calculator and Planning

Planning is everything.

Use their EMI calculator.

Example calculation: Loan amount: ₹2,00,000 Interest rate: 24% per annum
Tenure: 24 months

EMI: Approximately ₹10,450

Total interest: ₹50,800 Total repayment: ₹2,50,800

Run your numbers first.

Alternatives to Consider

Don’t put all eggs in one basket.

Other instant loan apps:

• MoneyTap
• CASHe (different from Cashe)
• Navi Personal Loan
• Fibe (earlier EarlySalary)

Traditional options:

• Bank personal loans
• Credit union loans
• Loan against FD

Compare rates. Compare terms. Then decide.

Tips to Get Better Interest Rates

Improve Your Credit Score

Check your CIBIL score.

Above 750 = better rates.

Pay all bills on time. Keep credit utilization low. Don’t apply for multiple loans together.

Show Stable Income

Consistent salary credits help.

Avoid job switching just before applying.

More employment stability = lower risk = better rates.

Choose Right Loan Amount

Don’t borrow more than you need.

Lower loan amounts often get better rates.

Borrow smart, not maximum.

Negotiate

Yes, you can negotiate.

Especially if you have multiple offers.

“XYZ company is offering 22%, can you match?”

Works sometimes.

Common Mistakes to Avoid

Mistake #1: Not Reading Terms

Interest rate is just one factor.

Check:

• Processing fees
• Prepayment charges
• Late payment penalties

Total cost matters, not just EMI.

Mistake #2: Borrowing Maximum Amount

Just because you’re eligible for ₹10 lakhs doesn’t mean you should take it.

Borrow only what you need.

More debt = more stress.

Mistake #3: No Repayment Planning

“I’ll figure it out” is not a plan.

Map out your monthly budget.

Ensure EMI fits comfortably.

Keep buffer for emergencies.

Mistake #4: Ignoring Credit Score Impact

Every loan affects your credit score.

Pay on time = score improves. Miss payments = score tanks.

Future you will thank present you.

Customer Experience – What People Say

Mixed reviews, honestly.

Positives:

• Fast processing
• Easy application
• Good customer service initially
• Flexible eligibility

Negatives:

• Higher interest rates
• Aggressive collection practices
• Hidden charges complaints
• App glitches reported

Read recent reviews. Check complaint forums. Make informed decisions.

When Should You Consider Cashe Personal Loan?

Good Use Cases

Medical emergencies Health doesn’t wait for bank approvals.

Debt consolidation Multiple credit card debts at 36%? Consolidate at 24%. Makes sense.

Home renovation Increase property value. Potentially good investment.

Education expenses Investment in yourself. Usually pays back.

Bad Use Cases

Lifestyle expenses Don’t borrow for vacations. Or latest iPhone. That’s lifestyle inflation.

Speculative investments Never borrow to buy stocks. Or crypto. Recipe for disaster.

Wedding expenses Weddings are expensive enough. Don’t add EMI burden.

Frequently Asked Question (FAQs)

How fast can I get Cashe personal loan approval?

Approval can come within 24 hours for eligible applicants. Document verification usually takes 1-2 working days. Disbursal happens same day or next working day after approval.

What is the minimum CIBIL score required for Cashe loan?

Minimum CIBIL score requirement is 650. However, higher scores (750+) get better interest rates. Lower scores might still get approval but at higher rates.

Can I prepay my Cashe personal loan?

Yes, prepayment is allowed. Usually attracts charges of 2-5% of outstanding amount. Check your loan agreement for exact charges. Sometimes waived after completing 1 year.

What documents do I need for Cashe personal loan?

Basic documents needed:

• Identity proof (Aadhaar/PAN)
• Address proof (utility bill/Aadhaar)
• Income proof (salary slips/ITR)
• Bank statements (last 6 months)

Is Cashe personal loan safe and legitimate?

Cashe is a legitimate NBFC registered with RBI. However, like any financial product, read terms carefully. Check recent customer reviews. Understand all charges upfront.

What is the maximum loan amount I can get from Cashe?

Maximum loan amount is ₹15,00,000. Actual approved amount depends on your income and credit profile. Most first-time borrowers get 3-6 times their monthly salary.

Can I apply for Cashe loan if I’m self-employed?

Yes, self-employed individuals can apply. Need minimum 2 years business vintage. Last 2 years ITR filing required. Business should show consistent profitability.

What happens if I miss my Cashe loan EMI?

Late payment consequences:

• Late fees charged (up to 36% per annum on overdue)
• Negative impact on credit score
• Collection calls and messages
• Potential legal action for prolonged defaults

How is Cashe different from traditional bank loans?

Key differences:

• Faster processing (hours vs weeks)
• Lower documentation requirements
• More flexible eligibility criteria
• Higher interest rates
• Shorter approval process

Can I increase my Cashe loan limit after approval?

Limit increases possible based on repayment behavior. Usually offered after 6-12 months of timely payments. Not guaranteed, depends on updated income and credit profile.

Final Thoughts on Cashe Personal Loan

Here’s the bottom line.

Cashe personal loans work when you need money fast.

The application is simple. Approval is quick. Rates are competitive for instant loans.

But they’re not cheap money.

Use them for genuine needs. Not wants.

Have a clear repayment plan. Read all terms. Keep other options ready.

And remember – the best loan is the one you don’t need to take.

Build an emergency fund. Live below your means. Invest wisely.

But when life throws curveballs, Cashe personal loan can be your financial safety net.