What are the key benefits of SBI Credit Cards?

SBI Credit Cards offer a wide range of benefits, including rewards, cashback, lounge access, discounts, and insurance coverage.

How can I apply for an SBI Credit Card?

You can apply for an SBI Credit Card online through the Paisabazaar platform, where you can compare card options and check for pre-approved offers.

What factors should I consider when choosing an SBI Credit Card?

Consider your spending habits, lifestyle, and financial goals to select a card that best suits your needs, such as travel, shopping, or rewards.

How can I manage my SBI Credit Card efficiently?

SBI Card offers a user-friendly mobile app and online banking services to help you manage your card, check statements, make payments, and access additional features.

What precautions should I take to avoid accumulating credit card debt?

Responsible credit card usage includes paying bills on time, managing credit limits wisely, and avoiding unnecessary spending to prevent debt accumulation.

Low EMI CashBean Loans: Apply for Rs 1,500 to Rs 60,000

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Mar 21, 2024

15 Mins

Introduction:

CashBean offers personal loans with various features and benefits. Here are the details:

Loan amount: Rs 1,500 - Rs 60,000
Loan tenure: 3 - 6 months
Interest rate: Starting from 25.55% p.a.
Processing fee: Rs. 90 to Rs 2,000 + GST
Age: 18 - 56 years

Credit history: Not required

Lowest EMI for a Rs. 60,000 loan: Rs. 10,758

Features of CashBean Personal Loan

CashBean personal loan can be used for various purposes including shopping, paying credit card debt, utility bills, school fees, purchasing consumer durables, planning a holiday, medical expenses, and more. The loan amount ranges from Rs. 1,500 to Rs. 60,000. The interest rate starts from 25.55% p.a. and the loan can be repaid within 3 to 6 months. The processing fee varies from Rs. 90 to Rs. 2,000 + GST.

Why Apply for a CashBean Personal Loan?

There are several advantages to obtaining a personal loan from CashBean. These include:

Flexible loan amount based on your needs
Minimal documentation and digital loan process
Competitive interest rate starting from 25.55% p.a.
Quick loan disbursal within minutes of approval
No collateral or personal guarantee required
Pan India presence, accessible from anywhere in the country
No credit score required, as CashBean considers other data points for creditworthiness assessment
24x7 customer support available

CashBean Personal Loan EMI Calculation

Calculating the EMI for a CashBean personal loan is simple using the online EMI calculator. Just enter the loan amount, interest rate, and tenure, and the calculator will provide the EMI instantly.

Comparison of CashBean Personal Loan with Other Lenders

Here is a comparison of CashBean personal loan with other lenders:

Lender | Rate of Interest (per annum) | Processing Fee | Maximum Loan Limit

CashBean | 25.55% - 26% | Rs. 90 to Rs 2,000 + GST | Rs. 60,000

Credy | 12% - 18% | 3% + GST | Rs. 1 Lakh

AnyTimeLoan | 18.25% - 54.75% | Up to 2% | Rs. 10 Lakhs

EarlySalary | 24% - 30% | Rs. 199 onwards | Rs. 5 Lakhs

CASHe | 27% - 33% | Up to 3% | Rs. 4 Lakhs

PaySense | 16% - 36% | Up to 2.5% + GST | Rs. 5 Lakhs

Documents Required for CashBean Personal Loan

To apply for a CashBean personal loan, the following documents are required:

KYC documents including PAN Card, Voter's ID Card, and Aadhar Card
Scanned photograph

CashBean Personal Loan Eligibility Criteria

The eligibility criteria for CashBean personal loan are as follows:

Available for salaried individuals and self-employed
Regular source of income is mandatory
Age between 18 and 56 years
Resident Indian with valid PAN Card and Address Proof

CashBean Personal Loan Charges

The charges associated with CashBean personal loan are as follows:

Processing Fee: Rs. 90 to Rs. 2,000 + GST
Late fee: 2% of the overdue amount for late payment
Membership Fee: Varies based on membership type (Primary or Senior)
No foreclosure charges, dishonor of EMI charges, duplicate NOC charges, or loan cancellation charges

How to Apply for CashBean Personal Loan?

To apply for a CashBean personal loan, follow these steps:

Download the CashBean Mobile app from Google Play Store
Register to create an account and login
Check eligibility to apply for the loan
Provide required details and submit the application
Agree to the terms and conditions
On approval, affix e-signature on the loan document
Loan amount will be credited to your bank account

CashBean Loan Repayment

To repay a CashBean loan, follow these steps:

Log in to the CashBean Mobile app
Select payment option (Razorpay, bank transfer, PayTM Wallet, etc.)
Provide accurate bank details for auto-debit option
Ensure sufficient balance on due date for auto-debit
Prompt repayments help avoid penalties and missed payments

CashBean Customer Care

For any queries or assistance regarding CashBean personal loan, contact customer service through:

Email: cashbean.help@pcfinancial.in
Customer Service Hotline: 180 0572 8088 or 0124 - 603 6666 (9AM to 8PM, except public holidays)