Want to buy a smartphone but it is out of your budget? Just get a Mobile Loan from CASHe!
Mobile phones are more of a basic requirement than a luxury item in today’s world. It has become the most convenient way to stay in touch with people across the globe, conduct your day-to-day business, stay on top of daily news and updates, etc.
You can get mobile phones in all kinds of budgets but if you are looking to invest in a good-quality smartphone, you will have to dig a little deeper into your pockets. While some people may be equipped with the ability to do so, not all are. This is where a mobile loan comes in handy.
As the name suggests, a mobile loan is a type of personal loan that is meant for fulfilling the purpose of purchasing a mobile phone. By applying for a mobile phone loan and using that borrowed amount to purchase a mobile phone of your choice, you can avoid exhausting your savings. Apply for this unsecured loan on CASHe and choose from various repayment plans, from 90 days to 540 days.
What are the benefits of a mobile loan?
You have to get a mobile loan online on CASHe to understand just how easy and convenient the entire process is. In just a few easy steps and a few clicks, you can apply for the mobile loan and have the loan amount transferred to your bank account almost instantly.
From ₹15,000 to ₹4,00,000 you can borrow the desired mobile phone loan amount from CASHe. Apply for the loan amount that is absolutely necessary so that when the time comes, you can repay the amount with ease.
One of the best things about getting a mobile loan online from CASHe is that the entire process is taking place online. While applying for the loan, you have to upload the digital copies of your documents (that are legible and genuine).
When you are presented with a number of EMI plans, it gets easier to repay the borrowed amount. On CASHe, you can choose from 90, 180, 270, 360 and 540 days repayment plans.
Have a question not mentioned here? Feel free to contact us and we will respond as soon as possible.
A mobile loan is a type of personal loan that you can avail to buy a mobile phone on easy EMIs. By availing online mobile finance for your smartphone purchase, you can reduce your financial burden and avoid exhausting your savings.
You can follow these steps to avail a mobile loan on CASHe:
On CASHe, you can get mobile loans with a tenure ranging between 90 days and 540 days.
At CASHe, the mobile loan interest rates are calculated on a monthly basis for the entire loan amount. The CASHe mobile loan interest rate is 2.50% per month on the loan amount (equivalent to reducing the balance interest rate to 3.71% per EMI).
You must satisfy the following loan eligibility parameters to apply for a mobile loan on CASHe:
You must have the following documents to avail a mobile loan on CASHe:
At CASHe, a loan is usually transferred instantly once all your documents are verified. To ensure that your loan application is processed quickly, we suggest that you upload the required documents in the necessary formats and make sure they are clear and legible.
Monthly Reducing Balance is a method of calculating the interest on your loan. Here, the loan interest is calculated on the outstanding principal amount after each EMI.
CASHe gives you an instant mobile loan where approvals are instant and disbursements are quick.
Yes, you can finance a smartphone with a short term loan.
You can secure a mobile loan on CASHe which will help take care of the cost of the mobile. You can repay the loan amount in equated monthly installments (EMIs).
To check mobile loan eligibility with CASHe, you need to download the CASHe app. Open the app and complete the registration process and submit required documents. The app will assess your eligibility based on various factors including income and creditworthiness.
You can choose an EMI plan from Options of 90, 180, 270, 360 and 540 days.
Once you choose your repayment plan, you can either opt for the auto-debit facility or make payments through NEFT/IMPS.