CashBean Personal Loan Details- Loan Types, Interest Rate

CashBean Personal Loan Details

CashBean Loan Details

CashBean Loan is one of India’s leading digital lending platforms that provide affordable personal loans through web and mobile-based technology. It is developed to meet customer’s financial needs easy and fast with minimum documentation.

  • The CashBean personal loan is a product of P C Financial Services Private Limited (NBFC), registered with the Reserve Bank of India, which is engaged in the business of providing loans.

Type Of Loans Provided By The CashBean 

The CashBean personal loan app provides a different kind of loans because people having a different kind of problems they need a loan at their convenience to meet with uncertainties. CashBean provides Private loan, Online, Salary advance loan, and the cash loan.

PRIVATE LOANThere is always need of extra funds due to certain reasons reasons cashbean also provide private loans for trip, festivals, holidays, anniversary, etc.
ONLINE LOANOne of the biggest benefit of online loan is you can get 24x7 access anytime and anywhere.
SALARY ADVANCECashbean provide an online easy platform to get money before salary receive.
CASH LOANThe Cash loan is very popular loan because it is most quicker and easy loan.

What Are Advantages Of the CashBean App?

  • No credit history – No credit report is required to avail CashBean loan.
  • Minimum documentation- The complete procedure is online without any paperwork.
  • Affordable loan amount- 1,000 is the lowest loan amount, which is easily affordable.
  • 24/7 support- Get 24*7 customer support anytime and anyplace.
  • Instant amount transfer- Amount directly gets deposited in your bank account in 5 minutes after acceptance.
  • Accessible PAN India- The loan amount is accessible in PAN India anytime.
  • Multiple repayment options- Various modes of repayment are available.

What Are Eligibility Criteria Of Cashbean Loan?

CITIZENSHIPResident must be citizen of India.
AGE LIMITBorrower's age must fall in the bracket of 21 to 56 years.
OCCUPATIONSalaried or Self-employed, both can apply.
INCOMEHave a monthly regular source of income.

Note-  It is easy to get a loan from the CashBean app because no credit history is required to apply.

You need to provide your limited documents and will get collateral-free personal loans. If you want to apply for a loan through the CashBean app instantly, you can download the app from the google play store and avail of loan from anywhere and at any time, customer support is also provided by them. but before going to any conclusion you can check below the complete details of the CashBean.

CashBean Loan Interest Rate, Loan Amount, Loan Tenure, Processing Fees, And Other Charges

Interest RateInterest rate not exceed 33% per annum(2.75% per month).
Loan AmountRs 1,000 to Rs 100,000.
(as your credit score grows, the sanctioned amount increases gradually.)
Loan Tenure91 Days to 120 Days.
(as your credit score increase, the loan tenure grow gradually.)
Processing FeesRs 90 to Rs.2000 (for one time charge, as per the loan eligibility)
GST18% of Processing Fee.
Calculate Interest RateIf Loan amount- 15,000 , Interest rate- 25% p.a, tenure- 91 days?

Interest= Rs 15,000*25%*91/365

=Rs935.

Cashbean offers a good interest rate of up to 33% per annum to avail loan from the CashBean definitely helps you to meet with various kinds of financial emergencies like- medical expenses, traveling, fees, weddings, etc.

Below here are complete details of CashBean all charges and fees, interest rate, what you need to know before availing of any type of loans:-

S.No.Types Of ChargesCharge % / INR
1
Interest RateNot exceed 33% p.a. Minimum- 2.75% p.m.
2Processing feeRanges from Rs 90 to Rs.2000 for one time charge, as per the loan eligibility.
3Fees of membershipFees For Primary Membership:
1 month- Rs.120
3 month- Rs.250
Fees For senior Membership:
3 month- Rs.300
6 month- Rs.600
4Loan pre-payment charges or foreclosure chargesNo charge
5Late payment charges0% per day (during suspension period)
6Charges for stamp dutyAs per applicable laws
7Boost Protect FeeUpto 3% per request but will be waived-off as our offer policy
8Bounce chargesNo charge per request
9Bounce charges for self employed personsNo charges per request
10Duplicate NOCNIL
11Repayment mandate charges/instrument swapping chargesNo charges per request
12Charges for loan cancellationNIL
13Charges for Loan Re bookingNo charge
14Statement of account chargesNIL
15Duplicate Repayment ScheduleNIL

How Does CashBean Personal Loan App Work?

It is very easy to get a loan from the CashBean app because complete work is digital and hassle-free, 4 major steps are required to get a loan from a CashBean loan App.

steps to get cashbean loan

  • STEP 1. Create your profile- First, you need to register yourself by creating an account to check eligibility for the loan application.
  • STEP 2. Fill in your basic details- You need to fill in the all basic details in your loan application provided by the CashBean.
  • STEP 3. Provide bank details- You need to provide all your bank details for loan disbursement.
  • STEP 4. Get a loan instantly- After loan approval money gets directly transfer to the bank account number provided by you.

Before submitting the loan application you need to select the loan product as per your choice. You will get an SMS notification after loan disbursement.

  • If you don’t have much time to read, don’t worry about that, you can make quick glance at this youtube video to know the complete details of the CashBean App in less time, some important points.

Frequently Asked Questions (FAQs)

Few common questions come into mind in any people before avail loan from the CashBean app. some questions are there which can resolve some query to some extent.

What are the documents required by the CashBean loan App?

The CashBean needed minimum documents to provide a loan. Before loan approval, it is an important step to submit documents.

  • Identity Proof: PAN Card.
  • Address Proof- Aadhaar Card/Voter card / Utility bill / Driving license or Passport.
  • Your Selfie
  • Latest salary slips.
  • Must have a bank account.
The CashBean app for iPhone users is available?

Not now. currently, it is available for android users only. Android users can download the CashBean loan app from the google play store.

CashBean App Download- CLICK HERE.

What is the CashBean repayment account number?

Cashbean not provide any bank account number to repay your loan. through the steps mentioned below, you can make repayment of your loan.

  1. Go to the CashBean app and log in through the registered mobile number.
  2. Select payment gateway like- Razorpay, Paytm, Bank transfer, UPI, wallet, debit card.

*CashBean Loan Review– If you really think about getting a loan from the CashBean app. you can check the CashBean Review here. It will help you to make rational decisions.

CashBean Customer Care Details

The CashBean provides 24/7 support to its users. They provide their details to contact them. If you are really dissatisfied with their services, you can contact them using the details given below.

CashBean helpline number- 18005728088 & 0124-6036666 (Daily 9AM-8PM)
Media related queries- PR@pcfinancial.in
CashBean email id- cashbean.help@pcfinancial.in
Address- Building RZ-2, Pole No-3, G/F, Near HDFC Bank, Kapashera, New Delhi-110037

Note- You can contact anytime in the CashBean helpline number but except public holidays.

Conclusion

The CashBean provides a platform for middle-segments Indians to avail of personal loans instantly via the digital platform with less documentation, which is accessible from anywhere and anytime in India easily, Most of the users are satisfied with their loan products, they provide affordable loan amount to people, long period of tenure, and the rate of interest charged by them. Their 24/7 customer support is always available for any kind of issue facing by users.

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