Get Your Instant Personal Loan By CashBean App
Are you looking for a genuine web-based mobile application to get a personal loan? Then, the CashBean app might be a good option for your instant loan.
Now to get a personal loan from banks or finance is very difficult. You may face a lot of problems when you try to get a loan from a bank. But you don’t have to face this problem anymore due to the invention of loan apps. There is numerous loan app available in India where you can apply to get your personal loan instantly. In the previous article, you may have seen we have written a lot about such a loan app. However, today we are going to tell you about cashBean. It is one of the best loan apps where you can get instant loans up to Rs. 60,000.
What is CashBean?
CashBean is a New Delhi based install loan company that provides a small number of loans to people through their mobile application. The platform CashBean is operated by P C Financial Services Private Limited, which is a Non-Banking Finance Company (NBFC). You can entirely rely on them because they are registered with the Reserve Bank Of India. CashBean has been made to provide users personal financing more conveniently and quickly. Through their mobile app and high technology system, they enable people to offer loans without going through lengthy documentation processes and paperwork. All the process of loan from applying to sanctioning the loan is digitalized.
CashBean instant loan feature
- No credit history is required.
- You can get the CashBean loan from anywhere in India.
- All the documentation process is digitalized.
- The fast processing and disabuse of the loan. You get the money in your bank account in between 15 minutes.
- Minimal documentation.
- Direct bank transfer.
How to get started with the CashBean instant loan app?
Firstly you have to install the app from Google Playstore. You can download the app from below
After installing the app, you have to open the app.
- After that, you have to allow the app to take pictures and record videos, getting access to your contacts, your location, and to call you, can send you SMS.
- Then, you have to enter your mobile number. Then have to tap on NEXT, and you will receive a 6 digit OTP to verify your number. If you are using the same number on the phone, you installed the app, you do not need to enter the OTP manually. The process will be completed automatically.
- After verifying the app, you will see that you are eligible to get a loan of some amount there.
- There you need to tap on “CONTINUE TO APPLY.”
- After clicking there, you will be on the page where you have to update your KYC documents.
- Firstly you have to upload your PAN CARD, then your selfie, and then address proof. You can select AADHARD CARD as your address proof. You need to upload the front and rear of the AADHAR CARD. Then you have to click on the SUBMIT APPLICATION.
- After submitting, they will review your application and will decide they will offer you’re the loan or not.
- Then you have to click on the CHECK THE REVIEW RESULT. If you are eligible to get a loan from CashBean, they will display you the amount.
- There will mention how much money you are eligible for, how much is the processing fee, how much GST you have to pay, and the tenure of the loan.
- If you agree and want to borrow the money, you need to click on the NEXT.
- After that, you have to add your Savings Bank Account. Just click on the “Plus” icon. After that, you have to put the IFSC code where you want to take the money, the account number, and again enter the account number. After that, you need to click on CONTINUE.
- Then CashBean will verify your bank details in a couple of minutes.
- Then you have to sign the e sign agreement with CashBean.
- There are two ways to sign the agreement.
- The first one is they will provide you an OTP to your registered number, where you can digitally sign by your OTP. The second one is you can do with your AADHAR CARD.
- You can read the agreement and click on the PROCEED.
- After clicking there, you will see your name and mobile number.
- Then you have to tap on GENERATE OTP.
- After giving the OTP and signing in, CashBean will show you a congratulations graphics. There you can see, they will disburse your loan amount in 15 minutes.
Eligibility for getting the loan:
- The person must have to be an Indian citizen.
- People must have to be at least 18 years.
- Monthly income source.
Interests in CashBean are up to 33 percent, and the processing fee is ranged from Rs. 90 to Rs. 820. The deadline for the repayment of the loan is from 90 days to 120 days. If you failed to pay the loan amount in the given time, you have to pay 2 percent per day. On Google, Playstore CashBean has 4+ ratings and over 10 million installs. All the transaction on CashBean is secured by 256-bit SSL encryption. At first, you will not be eligible to get a higher amount of loans like other instant loan platforms. As your credit grows up you will be, to get more amount of loans. You get 24×7 support for any query or loan related problems. So, if you are also looking for instant loans through your mobile without going through lengthy documentation then CashBean would be a great option for you.