Available for eligible salaried professionals through an RBI Registered NBFC.
Available to eligible salaried professionals meeting our underwriting criteria.
You are requested never to pay our representatives either in cash or in their personal accounts. As a digital lending platform, discourage any kind of payment in cash. You have several options to make payment. Call our representative who will guide you in this matter. We will not be liable for any payment you may make in cash to our representative or into their personal account. This will not constitute as part of your repayment.
Please do not entertain any request for commission from any of our representatives, regardless of your location. If you encounter such a demand, report it immediately by calling us or contacting us directly at the email: info@cashpeloan.com
| Minimum Loan Amount | Rs. 5,000/- | Maximum Loan Amount | Rs. 100,000/- |
|---|---|---|---|
| Minimum Tenure | 61 Days | Maximum Tenure | 180 Days |
| Interest Rate | 0.50% to 1.00% per day | APR | Up to approximately 365%, depending on the approved interest rate, loan tenure and applicable charges. |
| Processing Fee | Up to 10% + applicable GST | Pre-closure Charges | Nil |
| Cheque Bounce Charges | Rs. 1,000/- | Late Payment Charges | ₹ 2.5 per day per ₹ 1,000 (or part thereof) of the overdue amount. |
| Loan Amount | Tenure | Interest Rate | Total Interest | Processing Fees | GST on Processing Fee | Amount Disbursed | Total Repayment Amount |
|---|---|---|---|---|---|---|---|
| Rs. 20,000 | 90 Days | 0.50% Daily | Rs. 9,000 | Rs. 2,000 | Rs. 360 | Rs. 17,640 | Rs. 29,000 |
| The illustration below is based on an interest rate of 0.50% per day for a 90-day loan. Actual interest rates may range from 0.50% to 1.00% per day, depending on the borrower's credit profile, risk assessment, loan amount, and tenure. All applicable charges, GST, APR, and the final repayment schedule will be disclosed before the borrower accepts the loan agreement. | |||||||
Eligible salaried professionals meeting the applicable income, credit, employment, and underwriting criteria may apply. Final approval is subject to verification and credit assessment.
The minimum monthly salary required is ₹45,000. Applications below this income level are not processed.
No, this loan is currently available only for salaried employees with a stable monthly income.
We currently serve instant loans for salaried professionals in major metro and Tier-1 cities such as Delhi NCR, Mumbai, Bangalore, Hyderabad, Chennai, and Pune.
Repayment tenure ranges from 61 days to 180 days.
The maximum APR is Up to approximately 365%.
Yes. Interest, processing fee, GST, repayment date and total repayment amount are shown before the customer accepts the loan agreement.
Loans are originated and disbursed by Niskha Finance Private Limited, an RBI Registered NBFC.
CashPe is the digital lending platform facilitating loan applications.
