Key Characteristics of Cash loan:
1. Low Interest Rate: Monthly rates, up to 3% and as low as 0.75%
2. Maximum Annual Interest Rate: Annual Rate Up to 36%
3. Flexible Loan Repayment Term: 91 Days (shortest, including renewal period) - 730 Days (longest, including renewal period)
4. Loan Amount: From ₹2,500 to ₹50,000
5. Processing Time: Low loan threshold, same day audit and approval process!
6. Age requirement must be 18 or above.
7. Processing Fee: There is NO processing fees
8. Well-selected Loan Products: All loan products are assessed by the platform staff before getting live, making sure your personal info and the transaction are secured and private. And there is NO transaction fee.

Loan Calculation:
For example: If the principal amount is ₹5,000 and the interest is 1% per month; and the tenure is 12 months, then the overall interest payable is ₹ 5,000 * 1% * 12 = ₹600. So the total amount payable is ₹5,000 + ₹600 = ₹5,600.