Categories
Latest News Loans Loans App Personal Loans

CashBean Loan App | How to get Personal loan instantly? Full Guide

In this expensive world, it becomes quite hard gathering money to complete your personal purposes.

Mostly, an average-classed person does not have that amount of money that can fulfill all his requirements.

For example, events like wedding anniversaries, engagement ceremonies, and medical emergencies may require a high amount of money that becomes quite difficult for the person to gather.

In such situations, a personal loan comes into play.

A personal loan is a kind of financial help provided to the individual to complete his personal purposes whether it is a wedding occasion, a medical emergency, or a travel purpose.

When you take a personal loan, you need to repay it with a certain interest rate within a specific tenure.

The loan amounts, interest rates, and tenure may vary from lender to lender according to their limitations, rules, and policies.

In these conditions, many companies or lenders look to get benefits from providing loans at very high-interest rates, and due to the urgency of the person, he takes it.

But with the advanced technology in the current time, preventing these types of processes has surely become easy.

Nowadays, many banks and online applications are introduced to provide a high amount of loans to people at reasonable rates and flexible tenure.

One such application is the CashBean loan app.

It is online software initiated in India that focuses on helping people by providing personal loan benefits at low interest rates and long tenure.

In this article, we will be going through the different points that you need to know before applying for a personal loan from this app.

Also Read: KreditBee Personal Loan App | How to take Loan Instantly?

Table of Content

  • What is the CashBean app?
  • What are the features of the app?
  • Important details regarding CashBean personal loans?
  • How to get a personal loan from the CashBean app?
  • Documentations required for getting the personal loan from the CashBean app
  • Frequently asked questions

What is the CashBean app?

It is an online mobile-based application that focuses on providing personal loan services to people at low interest rates and long tenure.

The application requires minimum documentation and provides you with a high amount of loan in a very quick time period.

Along with super fast loan disbursal, It also provides you with its high-professionalized and efficient customer care service that is ready to help you resolve any problem 24×7.

Apart from the personal loan benefits, the application also looks forward to providing its users with other services that include cash loans, salary advances, and instant loans that help you complete your work with ease and convenience.

Also Read: Money Enjoy Loan App | How to get Personal loan? Easy steps

What are the features of the app?

Along with instant loan approval, CashBean provides you with a number of advantages that make the app widely popular in the country.

Below are some of the major features of the app.

1. The complete digital process of the application makes sure you need not face any issue in wandering around bank branches and offices to get your loan sanctioned.

With this application, everything goes online, assuring security.

2. Fast money transfer to your bank account within 24 hours of the loan approval.

3. If you are taking out a loan for the first time in your life, your credit score becomes a major hurdle in your way of doing that.

With CashBean, you need not have any credit score to avail of the loan benefits from the app.

This feature of the application allows new users to apply for personal loans from the application without any

4. Different mode of repayment for your loan is provided by CashBean that makes it accessible to different parts of the country.

Important details regarding CashBean Personal loans

If you are looking to avail of the personal loan benefits from the It, you need to be aware of the following points regarding the personal loans offered by the application.

  • The interest rate on your personal loan starts from 33% per annum.
  • You can be charged up to a 3000 processing fee when you take a personal loan from the application.
  • The mobile-friendly software offers you a flexible tenure from 3 months to 12 months.
  • In case you fail to repay the loan amount within the selected deadline, you will be charged an interest rate of 2% per day on your loan amount.

Also Read: How To Get Personal Loan From Paytm App

How to get a personal loan from It?

Getting a personal loan from one of the fastest growing online loan sanctioning apps is quite easy if you have some basic knowledge of technology and have an active internet connection.

Below, we have simple steps that will help you get a personal loan from the app quite easily. Follow the steps mentioned below.

  • Download the CashBean application on your mobile device from the Google Play Store available on your android device.
  • After that, install and then open the application.
  • Enter your mobile number and verify it by entering the OTP you received on the number entered to register yourself on the platform.
  • After the registration, you need to create an account on the platform by filling the required fields with appropriate answers.
  • You will also need to allow access to the app for a few things.
  • After creating an account, you will get credits that you can use to avail yourself of personal loans.
  • You will need to check whether you are eligible to apply for the personal loan or not by entering some basic information.
  • The application will show you the interest rate charged on the loan amount you select and the loan tenure to repay the loan.
  • After this, you will need to provide the application with some basic information about the applicant.
  • It includes his/her name, address, occupation, and government-issued IDs.
  • You will then have to provide your bank details to the application where you want your loan amount to be transferred.
  • Click on the submit option and wait till your application is reviewed.
  • Once approved, your loan amount will be transferred to your bank account within 24 hours.

Also Read: How to get loan from Dhani App | Instant Approval

Documentations required for getting a personal loan from the CashBean app

It offers you quick and secure loan disbursal without requiring minimal documentation.

However, you must provide the app with some basic documents that verify you as a legal citizen of the country.

The important documents required for getting a personal loan from the CashBean app include;

  • Your PAN Card
  • Your permanent address proof includes your Aadhaar Card, Driving License, Voter Card, and Passport.
  • Your recent salary slips

Also Read: Cashmore Loan App | How to get loan instantly? Full Guide

Frequently asked questions

Q 1. How to contact CashBean?

Ans: If you are facing any issue regarding the personal loan benefits of the app or want to enquire about some things before taking the loan, you can contact the CashBean team at their customer care number – 1800-5728-088.

However, if you wish to write to the team, you can send an email regarding your concern at –  cashbean.help@pcfinancial.in.

Q 2. Can I cancel a loan once applied?

Ans: No, It doesn’t allow you to cancel your loan application once submitted.

You need to be sure before applying for the loan benefit.

Q 3. Is CashBean trusted?

Ans: Yes, It is a Make-in-India initiative that is registered with the RBI.

Q 4. What if I don’t repay the loan amount?

Ans: It offers you flexible loan tenure under which you need to repay the loan amount with the interest completely.

In case if you are not able to repay the loan, an intimation letter will be sent to you reminding you to repay the loan.

However, if you still don’t pay the loan amount, the lender will write off and your credit score will be affected badly.

A bad credit score makes it hard to avail of loan benefits later on.

Related Articles

By Kapil Garg

I am a professional Loan and Insurance advisor with an approved license helping people with my services like Loans, Retirement Planning, Investment Planning.

Apply For Loan