Loan Amount: from ₹ 1,000 to 60,000.
Tenure: the shortest tenure is 91 days, the longest tenure is 365 days. Interest rate: Depends on the customer’s risk profile and loan tenure. The maximum interest rate is 33% per annum.
For example: If the loan amount is ₹10,000 and the interest rate is 30% per annum with the tenure of 91 days, after deducting the processing fee, the interest payable is as follows :
Interest = ₹ 10,000 * 30% / 365 * 91 = ₹ 748.
CashBean is an Instant Personal Loan Platform for Indian mobile users. Presented by P C financial Services Private Limited, RBI registered NBFC. CashBean fulfills customers’ financial needs 7*24 completely online. The application process takes just a few steps with minimal documentation in no more than 10 minutes and the approved loan amount is immediately transferred to the applicant’ s bank account.
Get fast, fair, convenient and affordable online loans on CashBean. — Indian instant personal loan app.