How to take a personal loan with CashMama Loan App? (CashMama Loan App Se Personal Loan Kaise Le?). CashMama Loan App Personal Loan Details – Features, Loan Amount, Interest Rate, Loan Tenure, Eigibility Criterion, Documents, CashMama App Loan Instant Apply Online, CashMama App Loan Customer Care Number Get all the information in this post.
CashMama Loan App meets your small emergency money needs within minutes. If you want to buy a mobile or other gadget or do any other shopping or suddenly there is a shortage of some money for any personal need, then at such time CashMama App solves your problem by providing Instant Personal Loan.
Read Also – Loan Activation
The main objective of CashMama Loan App is to provide short term low amount loan to the customers so that they do not have to ask for money from anyone for small needs.
CashMama Loan App provides instant personal loan from ₹3,000 to ₹8,000 through digital medium. Detailed information is being given in this article.
Let us know in detail about taking personal loan from CashMama Loan App:
What is CashMama Loan App | CashMama Loan App Details In
CashMama Loan App is a Digital Lending Mobile Based App, which has been launched in the year 2018 by ‘Onion Credit Private Limited’.
CashMama Loan App is a Short Term Online Personal Loan App, which provides Instant Personal Loan App. Through this app, you can get an instant loan of ₹ 3000 to ₹ 8,000 sitting at home through digital medium.
How to Download CashMama Loan App? , How To Download CashMama Loan App
CashMama Loan App is available on Google Playstore. To download it –
1. Go to Google Play Store.
Type CashMama Loan App in the search box. CashMama Loan App will be shown in the search result.
Install the app by clicking on Install.
Features / Benefits of CashMama Loan App Personal Loan | CashMama Loan App Personal Loan Feature/Advantages
The features of CashMama Loan App personal loan are given below in detail:
1. Personal Loan from ₹ 30 00 to ₹ 8,000
CashMama Loan App provides personal loan from ₹ 30 00 to ₹ 8,000 through digital process.
2. Great option of short term loan (loan from 91 days to 120 days)
CashMama Loan App offers loan tenures ranging from 91 days to 120 days .
3. Personal loans available at attractive interest rates
CashMama Loan App offers Instant Personal Loan at an interest rate of 20% to 35% p.a.
4. Online Loan Application Processing
CashMama Loan App Online application for personal loan can be entered with the help of mobile and the processing of loan application is done online. For this you do not need to go to collect the documents and submit them.
5. Paperless Process
CashMama Loan App works on paperless method. For this, there is no need to go anywhere with paper or application or hard copy of documents to take loan. The entire process (Application, Documents Upload, Application Processing, Loan Approval, Loan Transfer) is completed at home on mobile.
6. Minimal Documents Required
CashMama Loan App does not require more documents for personal loan approval. Fast processing of loan application is done on the basis of Aadhar card, PAN card, bank details.
7. Fast Loan Approval
Approval of loan in CashMama Loan App does not take much time and loan is approved soon after application submission and verification.
CashMama Loan App Personal Loan Details
| Loan Amount | ₹3,000 – ₹8,000 |
| Loan Tenure | 91 – 120 Days |
| Interest Rate | 20% – 35% Per Year |
| Service Charge | 5%-10% + 18%GST |
| Age | 21 Years Min |
| Credit History | Not Required |
How to Download CashMama Loan App ?
CashMama Loan App is available on Google Playstore. To download it –
- Go to Google Play Store.
- Type CashMama Loan App in the search box. CashMama Loan App will be shown in the search result.
- Install the app by clicking on Install
How much personal loan is available from CashMama Loan App ? , CashMama Loan App Personal Loan Amount
Personal loan from minimum ₹ 3000 to maximum ₹ 8000 can be obtained through CashMama Loan App.
CashMama Loan App extends the loan time limit for the customers who pay the loan on time. For example, if you apply for a ₹ 3000 personal loan, then first your loan repayment period will be 7 days. In case the loan is repaid within the 7 days time limit, the loan repayment deadline will be extended the next time you apply for the loan i.e. the time of first loan repayment on the next time you apply for a loan of ₹ 3000. Repayment of limit will be 15 days
| CashMama Loan App Personal Loan | Min. Amount | Max. Amount |
| ₹3000 | ₹8000 |
What is the CashMama Loan App Personal Loan interest rate ? , CashMama Loan App Personal Loan Interest Rate
CashMama Loan App provides personal loan at attractive rate of interest. The minimum interest rate for taking a personal loan from this app is 20% p.a. and the maximum interest rate is 35% p.a.
In case of delay in payment of interest, late fee + 18% GST on interest at the rate of minimum 1% to maximum 3% will have to be paid.
| CashMama Loan App Personal Loan | Min. Interest Rate | Max. Interest Rate |
| 20% Per Year | 35% Per Year |
If the loan amount is ₹8000 and the interest rate is 30% p.a. and the tenure is 91 days. Then the rate of interest after deducting the processing fee will be as follows:
Interest = ₹8000 * 30% / 365 * 91 = ₹ 598
For how long can one get a personal loan from CashMama Loan App ? , CashMama Loan App Personal Loan Tenure
CashMama Loan App offers personal loans with tenures ranging from a minimum of 91 days to a maximum of 120 days. Personal loan can be availed through the app on your mobile for the above tenure.
| CashMama Loan App Personal Loan | Min. Time Period | Max. Time Period |
| 91 Days | 120 Days |
Eligibility Criteria
Before applying for a personal loan on CashMama Loan App, you must check the eligibility / eligibility conditions, because applying for a personal loan can be done only after fulfilling the prescribed eligibility. The details of CashMama Loan App eligibility conditions are as follows:
- Applicant should have permanent citizenship of India.
- The minimum age of the applicant should be 21 years.
- Applicant should be employed or self-employed.
Documents Required
CashMama Loan App provides personal loan with minimal documents. To take a loan from this app, you will need to have the following documents:
- Identity Proof – As a proof of identity, you should have Aadhar Card or PAN Card.
- Photograph – While applying for CashBean Loan App personal loan you have to upload your photograph.
processing Fees, Service Fees & Other Charges
While applying for a personal loan in CashMama Loan App, you will have to pay a service charge of minimum 5% and maximum 10% on which 18% GST will also be payable.
How to Apply for Personal Loan with CashMama Loan App ? , How To Apply For CashMama Loan App Personal Loan
The way to apply for a personal loan through CashMama Loan App is very simple. You can apply for a personal loan from CashMama Loan App in a completely digital way through mobile. Follow these steps:
- Download CashMama Loan App from Google Play Store.
- After downloading the CashMama Loan App, register with your mobile number and create your account.
- After that fill your basic details.
- Upload the required documents.
- After uploading the documents, your eligibility will be checked and the loan amount to be released to you will be determined.
- The boss application will be reviewed after submitting the application for the prescribed loan amount.
- Once the loan is approved after the application review, the approval sms will be sent to your registered mobile.
- Shortly after the loan is approved, the loan amount will be transferred to your connected bank account. It can take anywhere from 3 minutes to 4-5 hours for the loan transfer to take place.
CashMama Loan App Customer Care Contact Details | CashMama Loan App Customer Care Number & Contact Details
Customer Service Email
Address
2-71, Plot No. -10, Pai Lay Out, Bangalurum Karnataka, 560016
Warning
The purpose of this website is to provide information only. The information available here is based on the information gathered from various online sources. Before taking any loan through any loan app or any other means, after checking their veracity at your level, apply for the loan and submit the documents and avoid any kind of fraud.
Hope you have found CashMama Loan App Personal Loan Details useful. Be sure to subscribe to the website for similar information related to finance and loans. Thank you.
