Bhanix Finance Personal Loan

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 rate2.25% per month onwards
Loan amount1,000 to 4 Lakhs
Tenure3 months, 6 months, 9 months, 1 year, 1.5 years
Processing Time10 minutes
Processing feeUp 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 TenureInterest Rate
90 days2.50% per month
180 days2.40% per month
270 days2.25% per month
360 days2.25% per month
540 days2.25% 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 TenureProcessing Fees
90 days85 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 days2% on the loan amount or 1,200 + GST
(whichever is higher)
270 days2% on the loan amount or 1,200 + GST
(whichever is higher)
360 days2% of the loan amount or 1,200 + GST
(whichever is higher)
540 days3% 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.

Min ₹5KMax ₹100Cr
%
Min 6%Max 40%
Min 3 MonthsMax 480 Months
Monthly EMI₹0
Total Payable₹0
Loan Amount₹20,00,000
Interest₹0
Tenure36 Mo
Loan Amount
Total Interest
Apply Now

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 NBFCsInterest Rates
CASHe2.50% p.m.
Rupeek0.49% to 1.69% p.m
PaySense1.4% – 2.3% p.m.
Zype1.5% p.m.
Nira2.00% p.m.
Pocketly Loan3.00% p.m.
Upwards9.00% p.a.
Money view10.00% p.a.
IndiaLends10.25% p.a.
Loanbaba10.50% p.a.
MyMoneyMantra10.50% p.a.
Tata Capital10.99% p.a.
Buddy Loan11.99% p.a.
L&T Finance12.00% p.a.
Shriram Finance12.00% p.a.
MoneyTap13.00% p.a.
Dhani13.99% p.a.
Fibe16.00% p.a.
Aditya Birla Capital10.00% – 16.00% p.a.
Prefr10.00% – 36.00% p.a.
Bajaj Finance11.00% – 38.00% p.a.
Faircent12.00% – 28.00% p.a.
IIFL12.75% – 44.00% p.a.
InCred13.99% – 42.00% p.a.
Kredit Bee16.00% – 29.95% p.a.
FlexSalary18.00% – 54.00% p.a.
PhocketUp to 36.00% p.a.
mPokketUp to 48.00% p.a.

Note: The above-mentioned interest rates are subject to change.

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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.

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Frequently Asked Questions

Find answers to common questions about this topic

The interest rate for Bhanix Finance Personal Loans varies depending on the borrower's profile, but it typically ranges from 2% to 3% per month.
The loan app for Bhanix Finance is called CASHe.
The maximum loan amount offered by Bhanix Finance through CASHe is 4,00,000.
Yes, there is a processing fee for Bhanix Finance Personal Loans, which can range from 2% to 3% of the loan amount, depending on the loan terms.
The helpline number for Bhanix Finance (CASHe) is +91 9983107444.
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