CashParty loan app 2021: Features, Eligibility, Documents Required

CashParty loan app 2021: Features, Eligibility, Documents Required. There are a lot of features available in the CashParty app. You can enjoy various features and services from the CashParty app, making the entire experience very good. You can take an instant loan without having to worry about any paperwork and documentation. As the whole process is entirely online, you can start and end the process at your home without taking anyone’s assistance.

From CashParty, one can take a loan amount ranging from 1,000 to up to 35,000, although you need to have a perfect credit score for the higher amounts. However, you can take minor parts with ease without submitting any credit score or credit history. 

The interest rate and processing fee are also very minimal and affordable. It is pretty easy to pay. There is a GST applied on the processing fee amount. Above all, the app is entirely safe and secure. It is approved by the RBI, so there isn’t any doubt there. 

Features	CashParty app is a very famous and successful app that provides straightforward and convenient loans from every eligible individual in India. You can take a loan up to 35,000 INR without any collateral or a lot of hefty paperwork and documentation. There are only a few steps available to avail loan from the CashParty app.
Eligibility criteria	The eligibility criteria to take a loan from the CashParty app is nothing special, and it is effortless to get. The applicant must be a citizen of India to take a loan from the CashParty app.You need to have a regular source of income and a specific minimum monthly salary, to begin with
Application process (Online)	The application process to take a loan from the CashParty app is very simple and convenient. The entire process is entirely online, and that makes it hassle-free and very easy to apply for. There are only a few steps, from downloading the app to apply for a loan.
Documents Required	Identity proof – Aadhaar card, passport, voter ID card, etc.Address proof – Aadhaar card, passport, driving license, etc.Income proof, for which you can either use the bank statement of the last few months or the most recent salary slip
Official App	Click here

There are eligibility criteria available that every individual who wants to get a loan from the CashParty app must be known. Without knowing all the eligibility criteria, there will occur some difficulties during the application process. Although these criteria are nothing special and they are pretty easy to understand.

Also read about: Bank of Maharashtra Balance Enquiry

We have mentioned all the eligibility criteria below:

• First of all, you need to be a citizen of India to be able to take a loan from the CashParty app. 
• Then, you need to have a bank account in a renowned bank, as the money gets directly transferred to it.
• You need to have a regular source of income, and a certain minimum monthly salary to begin with. 
• Your age must have to be under the limit. The minimum age at which one can apply for a loan is 18 whereas the maximum age is 55. 
• If you are looking for a heavy loan amount, then you must have a good credit score and  good credit history. 

The application process to get a loan from the CashParty app is very easy and convenient. You can easily apply for a loan within a few minutes and that too, without any paperwork and documentation. As you know already, the entire process, from application to loan approval, is online, making it very smooth and hassle-free.

We have mentioned all the steps by which you can easily take a loan from the CashParty app: 

Step I – first of all, you need to download the CashParty app either from the Play Store or any other app store.

Step II – you can also visit its official website, www. cash party. In, to confirm all the details and criteria by yourself.

Step III – Now, once you have installed the app, you need to register yourself by linking your phone number and bank account. 

Step IV – after successfully registering yourself, you can start filling the application form. You can choose the loan amount, tenure, and other related things from here. 

Step V – now, after the application form is filled, you can upload the scanned image of the documents required. After the documents are uploaded, you need to submit the application form.

Step VI – once all the process is over, you can expect the loan amount to be yours within a few minutes or at most a few hours. 

• Identity proof – Aadhaar card, passport, voter ID card, etc.
• Address proof – Aadhaar card, driving license, passport, etc.
• Income proof, for which you can either use the bank statement of the last few months or the most recent salary slip. You can also use other documents related to your income and profession. 
• A pan card is required for a KYC, though you can also use aadhaar for the same. 

What is the maximum credit which we can take without any credit score?

You can take a maximum of 5,000 without any credit history or credit score.

What is the maximum amount which I can take?

One can take a maximum of 35,000 at a time, but you need to have a perfect credit score and credit history.

Is the CashParty app approved by the RBI?

Yes, the CashParty app is approved by RBI, and it has a tag of NBFC.

Where do I check my loan application status?

You can quickly check all the status directly from the CashParty app. 

Categories: Loans
Source: bank.newstars.edu.vn