Mobile Loan

Stay Connected With The Rest of The World

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.

What is a Mobile Loan?

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.

Features & Benefits of Mobile Loan

What are the benefits of a mobile loan?

  • Streamlined Process

    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.

  • Adequate Funds

    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.

  • Digitized Documentation

    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).

  • Flexible EMI Plans

    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.

₹4,000cr+
disbursed so far
20 million+
app downloads
4 lakh+
loyal customers

How to Apply For a Mobile Loan

What are the requirements for a Mobile Loan?

01
Download the CASHe mobile app

02
Create your account and provide all the necessary information.

03
Click on ‘Get Loan’.

04
Determine the type of loan and loan amount.

05
Get personal loans for 90, 180, 270, 360 and 540 days with loan amounts from ₹15,000 to ₹4,00,000.

06
Wait for everything to be verified and approved.

07
The loan amount will be disbursed to your bank account.

Loan Configuration for Mobile Loan

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

CASHe

Days
Tenure: 3 months
Min. Salary ₹15,000
Minimum loan: ₹15,000
Maximum loan: ₹1,10,000

CASHe

Days
Tenure: 6 months
Min. Salary ₹20,000
Minimum loan: ₹20,000
Maximum loan: ₹2,10,000

CASHe

Tenure: 9 months
Min. Salary ₹25,000
Minimum loan: ₹50,000
Maximum loan: ₹2,58,000

CASHe

Days
Tenure: 12 months
Min. Salary ₹40,000
Minimum loan: ₹75,000
Maximum loan: ₹3,00,000

CASHe

Days
Tenure: 18 months
Min. Salary ₹50,000
Minimum loan: ₹1,25,000
Maximum loan: ₹4,00,000

Requirements for applying

The loan eligibility criteria for taking a personal loan for a new mobile phone are simple and quick to avail. Start here by checking your mobile loan eligibility:

Eligibility Criteria

What is the eligibility criteria for a mobile 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 mobile 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

CASHe Loan Interest Rate & Charges

At CASHe, we charge a processing fee ranging between ₹500 to ₹1,200, depending on the loan product you are eligible for.

We calculate our personal loan interest rates on a monthly basis for the entire loan amount. The CASHe loan interest rate is 2.50% per month on the loan amount (equivalent to reducing the balance interest rate to 3.71% per EMI).

When you avail a loan from CASHe, we also provide a 5-day interest-free grace period to pay your EMI at the end of every month. For any subsequent delay, you will be charged with a 0.7% interest fee penalty.

How CASHe Works —
For those who want more from their Money, there’s CASHe – Bharat Ka Money App.

Frequently Asked Questions

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:

  • Download the CASHe mobile app.
  • Create your account and complete the KYC process.
  • Click on the ‘Get Loan’ option.
  • Choose ‘Mobile Loan’ from the various types of personal loans and determine your mobile loan amount.
  • Opt for the loan tenure of your choice. You can get mobile loans with a tenure of 90, 180, 270, 360, and 540 days with loan amounts ranging from ₹15,000 to ₹4,00,000.
  • Wait for CASHe to verify your details and approve your mobile loan application.
  • Once approved, your mobile loan amount will instantly be disbursed to your bank account.

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 can find the CASHe mobile app on the Google PlayStore and the Apple App Store.

You must satisfy the following loan eligibility parameters to apply for a mobile loan on CASHe:

  • You should be an Indian citizen
  • Your age must be 18 years or more
  • You should be a salaried professional
  • Your monthly salary must be ₹15,000 or more

You must have the following documents to avail a mobile loan on CASHe:

  • Photo identity proof- PAN card
  • Identity proof- Aadhaar card
  • Permanent address proof
  • Income proof- latest salary slip
  • Latest bank statements showing salary credit

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.