Bhanix Finance and Investment Limited is the parent company of CASHe, a popular digital lending platform in India. Bhanix Finance short-term personal loans to young salaried individuals, offering loan approval within 10 minutes. CASHe provides quick and hassle-free personal loans without the need for physical documentation or lengthy approval processes.
You can get Bhanix Finance (CASHe) personal loan amounts ranging from ₹1,000 to ₹4 Lakh with repayment periods of up to 1.5 years.
Bhanix Personal Loan Details
The table below shows the highlights for Bhanix Finance and Investment Limited personal loan:
| Interest rate | 2.25% per month onwards |
| Loan amount | ₹1,000 to ₹4 Lakhs |
| Tenure | 3 months, 6 months, 9 months, 1 year, 1.5 years |
| Processing Time | 10 minutes |
| Processing fee | Up to 3% of the loan amount |
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Bhanix Personal Loan Interest Rates
The table below shows the interest rates of Bhanix Finance and Investment Limited Personal Loan:
| Loan Tenure | Interest Rate |
|---|---|
| 90 days | 2.50% per month |
| 180 days | 2.40% per month |
| 270 days | 2.25% per month |
| 360 days | 2.25% per month |
| 540 days | 2.25% per month |
Processing Fees:
In addition to interest, Bhanix Finance personal loans also incur processing fees and other applicable charges. The table below outlines these details:
| Personal Loan Tenure | Processing Fees |
|---|---|
| 90 days | ₹85 for loan amount below ₹5,999 ₹500 for loan amount between ₹6,000 to ₹33,333 1.50% for loan amounts between ₹33,334 to ₹99,999 |
| 180 days | 2% on the loan amount or ₹1,200 + GST (whichever is higher) |
| 270 days | 2% on the loan amount or ₹1,200 + GST (whichever is higher) |
| 360 days | 2% of the loan amount or ₹1,200 + GST (whichever is higher) |
| 540 days | 3% of the loan amount or ₹1,000 + GST (whichever is higher) |
Bhanix Finance Personal Loan Eligibility Criteria
If you’re a salaried professional, ensure you meet the following criteria for Bhanix Finance Personal Loan:
- Employment Status: Loans are exclusively available for salaried professionals.
- Minimum Salary Requirement: our net take-home salary must be at least ₹12,000.
- Bank Statement: Your bank statement should clearly show regular monthly salary credits.
- Document Verification: All uploaded documents must be legible and consistent with the information provided in the application.
Documents Required for Bhanix Loan
To successfully apply for a loan, prepare and submit the following documents:
- Photograph: Upload a clear selfie or choose a visible photo from your image gallery.
- PAN Card: Provide a copy of your Permanent Account Number (PAN) card.
- Address Proof (Any one): Aadhar Card, Passport, Driving License, Voter’s Identity Card, Utility Bills (Electricity, Landline Phone, or Gas Bill) dated within the last two months.
- Latest Salary Slip
- Bank Statement: Ensure your latest bank statement includes: Your salary details, Bank name, Account number, Your name, IFSC code
- Document Visibility: All uploaded documents must be visible and self-attested as per KYC norms.
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Calculate EMI for Bhanix Finance Personal Loan
You can now easily calculate your EMI (Equated Monthly Instalment) with the Buddy Loan Personal Loan EMI Calculator. Plan your repayments for a smooth and timely loan experience by simply entering the loan amount, interest rate, and loan tenure into our user-friendly calculator.
This handy tool allows you to take charge of your budget and make informed choices regarding your financial obligations. Empower yourself to manage your finances with confidence.
Your Amortization Schedule (Yearly/Monthly)
Bhanix Personal Loans vs. Other NBFCs
The table below shows the comparison of interest rates of Bhanix Finance and Investment Limited (CASHe) Personal Loans with other NBFCs:
| Personal Loan by NBFCs | Interest Rates |
|---|---|
| CASHe | 2.50% p.m. |
| Rupeek | 0.49% to 1.69% p.m |
| PaySense | 1.4% – 2.3% p.m. |
| Zype | 1.5% p.m. |
| Nira | 2.00% p.m. |
| Pocketly Loan | 3.00% p.m. |
| Upwards | 9.00% p.a. |
| Money view | 10.00% p.a. |
| IndiaLends | 10.25% p.a. |
| Loanbaba | 10.50% p.a. |
| MyMoneyMantra | 10.50% p.a. |
| Tata Capital | 10.99% p.a. |
| Buddy Loan | 11.99% p.a. |
| L&T Finance | 12.00% p.a. |
| Shriram Finance | 12.00% p.a. |
| MoneyTap | 13.00% p.a. |
| Dhani | 13.99% p.a. |
| Fibe | 16.00% p.a. |
| Aditya Birla Capital | 10.00% – 16.00% p.a. |
| Prefr | 10.00% – 36.00% p.a. |
| Bajaj Finance | 11.00% – 38.00% p.a. |
| Faircent | 12.00% – 28.00% p.a. |
| IIFL | 12.75% – 44.00% p.a. |
| InCred | 13.99% – 42.00% p.a. |
| Kredit Bee | 16.00% – 29.95% p.a. |
| FlexSalary | 18.00% – 54.00% p.a. |
| Phocket | Up to 36.00% p.a. |
| mPokket | Up to 48.00% p.a. |
Note: The above-mentioned interest rates are subject to change.
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You can also check out more personal loan options based on the loan amounts below:
Features & Benefits of Bhanix Finance Loans
Bhanix Finance and Investment Limited (CASHe) offers an efficient solution for young salaried professionals seeking personal loans, combining quick access to funds with user-friendly features and flexible repayment options.
- Instant Loan Approval: Access funds quickly with CASHe, India’s fastest loan-giving app for young salaried professionals.
- Seamless Reapplication: Maintain a positive credit profile and reapply without re-submitting documents, saving time and effort.
- Quick Approval Time: Get loan approval in just 10 minutes with proper documentation, ensuring swift financial support.
- Flexible Repayment Options: Choose repayment terms of 90 days, allowing you to manage payments according to your budget.
- Loan Amount Range: Borrow from ₹1,000 to ₹4,00,000 for durations between 3 months to 1.5 years, catering to various needs.
- Competitive Interest Rates: Benefit from interest rates comparable to credit cards, with no hidden charges for transparency.
- Convenient Document Submission: Upload required documents directly through the app, eliminating the need for loan officers.
- Flexible Repayment Methods: Choose from various repayment options that fit your financial situation.
Steps to Apply for Bhanix Loans with Buddy Loan
Here are the steps you can follow to apply for a Bhanix Finance personal loan through Buddy Loan.
Step 1: Visit buddyloan.com or download & install the Buddy Loan app (Android or iOS).
Step 2: Open the personal loan application page. Provide the mobile number and enter the received OTP.
Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option
Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
Step 5: Enter your work details (including company name, years of service and Designation)
Step 6: Enter your personal details (Including Full Name, PAN, address, DOB & Gender)
Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.
Want to know more? You can check more on different loan types available by various lenders from the table below:
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