How to apply for small loans in India

how to apply for small loans in India

You must have heard about the small loans via the internet or from your friends. These instant loan app provide quick cash during emergency situations and can save you during the rainy days. But a lot of individuals still don’t know how to apply for a small loan via the loan app.

Application process for Small Loans:

Loan app is an amazing concept and very user-friendly. Anybody with a smartphone and working internet connection can apply for a personal loan online. These apps offer small loans and almost anyone can apply for the same. One can apply for instant loans for various reasons like medical emergencies, educational fees, to buy any large asset, for home repair expenses and many such reasons. The reasons can be completely private and you don’t need to disclose it to the loan app.

The money lending market is competitive and you will find many apps providing instant loans. Taking a personal loan online is easier and involves very less paperwork compared to traditional bank loans. There is no lengthy paperwork involved and almost everyone can apply for small loans, provided you are a salaried employee and are a resident of India. Such loans are approved within a short period of time by the loan app.

Follow these simple steps to apply for small loans:

1. Download the loan app on your smartphone. There are various apps like CASHe available on the google play store and apple app store.

2. Register yourself and enter the loan details. The personal loan online amount starts from INR 9,000 to INR 4 lakh.

3. Then comes the duration of the loan. It can range from 62 days to 1.5 year. It depends on your capability of re-payment.

4. Once you enter your amount and the duration for the instant loans, you will find out the interest rates for the same.

5. The loan app will then ask you to upload the required documents.

6. The documents you are required to submit include identity proof, address proof, bank statements with your salary credited, and your photograph and income proof. You can upload your passport, aadhar card, pan card, utility bills, bank statement and last 3 to 6 months salary slips. Your employer should have a registered company.

7. Once the documents have been uploaded on the small loans app it will take a couple of minutes to review the loan request. Your loan can be approved on the same day itself.

8. You can check your instant loans status on the app, whether it is pending, approved or disapproved.

9. As your personal loan online is approved, the loan amount is then disbursed in your personal savings account within a few minutes.

10. Once your due date arrives, you can re-pay the amount via bank transfer.

It is that simple to apply for loans on the loan app and the entire process of applying for small loans takes just 15 to 20 minutes.

How CASHe Works?


Available on iOS & ANDROID


Using your FB, LinkedIn or Google+ accounts


Fill the application form & upload 4 basic documents


Loans ranging from Rs. 9,000/- to Rs. 3 Lakhs basis your approved eligibilty


Cash transferred into your bank a/c within minutes


Easy repayment via bank transfer raise your Social Loan Quotient

Download CASHe Now

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