Greetings, dear readers! You may have come across the saying that “money is not everything” at some point in your life. However, in today’s world, the importance of money has taken a different turn. Money has become a vital aspect of our lives, allowing us to achieve various goals. It serves as a reliable companion during challenging times, providing the means to overcome obstacles. With money, we can conquer any problem and fulfill our desires. Therefore, if you’re in need of funds, worry not! Today, I bring to you an exceptional loan app called Cashpo Loan App that can solve all your financial woes.
How to apply for a loan from Cashpo Loan App?
Applying for a loan through Cashpo Loan App is a straightforward process. Simply download the app, register your mobile number, and fill in your basic information. Next, upload the necessary documents, and once your loan is approved, the loan amount will be disbursed directly into your account. It’s that simple!
How much loan will be available from Cashpo Loan App?
Cashpo Loan App offers a wide range of benefits to its users. Let’s delve into the specifics. Firstly, you can avail yourself of a loan of up to ₹ 2 lakhs through this app, ensuring that your financial needs are adequately met. Moreover, the flexibility of loan repayment periods is remarkable, allowing you to choose a timeframe ranging from 3 months to 12 months, giving you ample time to repay the borrowed amount.
What will be the rate of interest for taking loan from Cashpo Loan App?
When it comes to the interest rates, Cashpo Loan App offers competitive rates 27.60% annually. This ensures that you can secure a loan at favorable terms, easing the burden on your financial journey. To apply for a loan, you will need to provide essential documents, including your Aadhar card and PAN card.
Example:
Loan amount: ₹ 30,000 at Fixed interest rate of 27.60% p.a(Equivalent Reducing Interest Rate of 40.94%)
Loan Duration: 3 Months
Total personal loan interest = ₹ 2,070
Processing fees (PF) + GST = ₹ 1,694.92 + ₹305.08 =₹ 2,000
Total Deductible (PF + GST): ₹ 2,000
In-Hand Amount : Loan Amount – Total Deductibles = ₹ 30,000 – 2000 = ₹ 28,000
Total repayable Amount (Loan Amount + Interest): ₹ 32,070
Monthly EMI Repayable (Loan Amount + Interest / No of EMI’s): ₹ 10,690
PF + GST is deducted upfront during the loan disbursal.
Who will get loan from Cashpo Loan App?
Cashpo Loan App is designed to cater to the needs of Indian citizens above the age of 18. If you meet these criteria, you can take advantage of the low-interest rates, hassle-free loan approvals, and generous repayment periods offered by this app.
What are the documents required to take a loan from Cashpo Loan App?
- Aadhar Card
- Pan Card
Cashpo Loan App Customer Care Number
If you have any queries or require assistance, the Cashpo Loan App customer care team is readily available to support you. You can reach them via email at cashpo.india@gmail.com.
Is Cashpo RBI approved?
Yes, Cashpo is managed by Intellimint Technologies Pvt Ltd, which is an RBI-approved NBFC.
Who is the owner of Cashpo?
Intellimint Technologies Pvt Ltd
We hope this information about the loan amount, repayment duration, interest rates, eligibility criteria, and application process for Cashpo Loan App has been helpful to you. We appreciate the time you’ve taken to read this post. Should you have any further questions, feel free to reach out. Thank you!
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