Secure a Car Loan Upto ₹4 Lakhs | CASHe

Get your loved ones a wheel
of happiness.

Log on to CASHe and secure a car loan to buy your favourite car.
Don’t put off your dream to buy your favourite car. CASHe offers instant personal loans up to ₹4 lakhs. Benefit from our quick approvals and disbursals with flexible pocket-friendly EMIs.

Get a loan

Nowadays owning a car is more of a necessity than a luxury. However owning a 4-wheeler comes at a high price, and not everyone can finance a car - new or secondhand - only with their savings. Here’s when a car loan can be of great use.

This is how it was before

The traditional method of applying for a car loan requires you to visit a bank with a stack of documents, go through the tedious process and wait for days to know about the status of your loan application.

And this is how it is now, with

Just a few clicks on your smartphone to upload the required documents and get your car loan in no time! Furthermore, instead of paying a large amount of money at one time, you will be repaying the borrowed money in estimated monthly installments (EMIs).

Features & Benefits of a Car Loan

No Collateral Required

Since you are applying for a personal loan - an unsecured loan - there will be no need to pledge collateral. Collateral is an asset (item of value) that acts as a form of security or protection for the lender to ensure repayment of the loan.

Streamlined Process

You can borrow up to ₹4,00,000 on CASHe, so there really is no problem of falling short of funds. Having said that, you should only borrow what is absolutely necessary so that you can repay in time and without having to struggle further for funds.

Adequate Funds

The entire process for the bike loan is taking place online so all you have to do is upload all the necessary documents (that are legible and genuine) on the CASHe app and have them verified in order to get the loan approved.

Digitized Documentation

Paying back the two-wheeler loan amount is no hassle either. CASHe offers EMI plans that range from 90 days to 540 days, making it very convenient and flexible for borrowers to repay the loan amount for the two-wheeler loan.

Flexible EMI Plans

Paying back the two-wheeler loan amount is no hassle either. CASHe offers EMI plans that range from 90 days to 540 days, making it very convenient and flexible for borrowers to repay the loan amount for the two-wheeler loan.

₹4,000cr+

disbursed so far

20 million+

app downloads

4 lakh+

loyal customers

How does it work?

Applying for a car loan on CASHe is a simple process.

Download the CASHe mobile app

Create your account and provide all the necessary information.

Click on ‘Get Loan’.

Determine the type of loan and loan amount.

Get personal loans for 90, 180, 270, 360 and 540 days with
loan amounts from ₹15,000 to ₹4,00,000.

Wait for everything to be verified and approved.

The loan amount will be disbursed to your bank account.

This is how

helped Aman

Amar is a Software Engineer that recently got a job. Ever since Amar moved to Mumbai, he has wanted to buy a car. Having the option of traveling anywhere in your car pushed Amar to save as much as possible.

But when the time came to purchase a car finally, he realized the cost would exhaust his savings. So he researched and settled for a secondhand vehicle, but he was still falling short of funds.

He had heard about CASHe providing personal loans for cars and decided to apply for the used car loan. As a first-time user of the app, he was pleasantly surprised to see how easy it was to apply for a loan.

It only took a few minutes to apply for the desired loan amount. Since his credit score was good, it did not take time for the loan to get approved. Before he knew it, the loan amount was transferred to his bank account!

Loan Configuration for Car Loan

Loan Plans & Tenures

CASHe offers a wide range of plans so that you can choose what is best for you.

90 days
(3 months)

Minimum Salary:
₹15,000

Loan Amount:
₹15,000 - ₹1,10,000

180 days
(6 months)

Minimum Salary:
₹20,000

Loan Amount:
₹20,000 - ₹2,10,000

270 days
(9 months)

Minimum Salary:
₹25,000

Loan Amount:
₹50,000 - ₹2,58,000

365 days
(12 months)

Minimum Salary:
₹40,000

Loan Amount:
₹75,000 - ₹3,00,000

540 days
(18 months)

Minimum Salary:
₹50,000

Loan Amount:
₹1,25,000 - ₹4,00,000

Requirements for applying

Below are the eligibility criteria & documents required for applying for CASHe Car Loan.

Eligibility Criteria

What is the eligibility criteria for a car loan?

Must be an Indian citizen

Must be at least 18 years of age

Must be a salaried professional

Must have monthly salary of ₹15,000 or more

Must have a Facebook or a Linkedin Account

Required Documents

What are the documents required for a car loan?

Photo Identity Proof
(PAN Card)

Income Proof
(Latest Salary Slip)

Identity Proof
(Aadhar Card)

Permanent Address
Proof

(Accepted Documents)

Latest Bank
Statement showing
Salary Credit

Factors to keep in mind

Here are a few important factors to keep in mind while applying for a car loan.

Proper documentation

When you apply for a car loan on CASHe, you must apply with necessary documents. This is one of the primary requirements for a successful car finance application.

Credit Score

CASHe has its first industry proprietary, Social Loan Quotient, which uses AI, ML, and smart analytics to determine your credit score. The SLQ score ranges from 0 to 995, with higher scores equating to a better chance of securing a car loan.

Repayment History

Credit history can have a significant impact on your loan applications. Delayed payments and default status on past loans can have CASHe flag your account on the mobile app.

Frequently Asked Questions

Have a question not mentioned here? Feel free to contact us and we will respond as soon as possible.

What is the easiest way to finance a car?

The easiest way to secure car finance is by applying for a personal loan. It will be straightforward and convenient since it is an unsecured loan that you are applying for, on an instant loan app.

Is it wise to take a personal loan to buy a car?

Yes, it is. Such a loan requires lesser documentation, no need for collateral, and is quicker to secure.

How much car loan can I get on ₹40,000 salary?

On Rs. 40,000 salary, you can borrow a minimum of Rs. 75,000 and a maximum of Rs. 3,00,000.

How can I get approved for a car loan?

Getting approved on an instant personal loan app is much easier. For example, it will be easy and quick to get approved for a car loan as long as you have your verified documents in place and have a good credit score.

Is this car loan applicable on second hand cars as well?

Yes, it can be used as a secondhand car loan as well.

What are the EMI options available?

You can choose an EMI plan from 90, 180, 270, and 360 days.

Is it possible to take out another car loan?

Yes, you can get a top-up on your existing car loan.

What are the repayment options available on CASHe?

Once you choose your repayment plan, you can either opt for the auto-debit facility or make payments through NEFT/IMPS. Please write to support @cashe.co.in if you need further assistance.