Takacash - Cash loan instant personal loan app

App Description：
Takacash is instant personal cash loan app in India.
Takacash provides convenient and secure online personal cash loan service.
We provide higher online personal loan lines and longer loan periods to meet the loan needs of different groups of people.
Get a higher loan limit and loan date, which depends on your good credit and repayment performance.

Takacash provides the minimum loan amount is: ₹3,000, maximum loan amount is: ₹1,00,000; The minimum period for repayment is: 91days, the maximum period for repayment is: 365days; The maximum Annual Percentage Rate (APR) is no more than 36%.

Loan Amount: from ₹ 3,000 to ₹1,00,000.
Interest Rate: Depends on the customer's risk profile and loan tenure. The interest rate is from 12% to 36% per annum.
Tenure: flexible tenure from 91 days to 365 days.
In addition, GST will be applicable only on the fee components as per Indian laws.

Example: If the loan amount is ₹3,000, the annual interest rate is 30%, and the term is 91 days; after deducting other expenses
Interest expense = ₹3,000 x 30% / 365 x 91 = ₹224.38, total loan cost = ₹3,224.38

New repayment function:
If you successfully apply for a loan, you can choose to repay the loan in installments.

The entire repayment will be divided into multiple periods. the principal amount to be paid in first EMI, and the Partial Interest to be paid in 2nd EMI, Balance amount to be paid as same as above until the Loan amount get finished. However, if you can also pay the whole amount (Principal + interest) in one settlement.

For example, if you want to lend ₹2000 for 91 days, the whole repayment amount will be ₹2145. The repayment plan is:

First EMI: principal + interest of EMI#1
Payment amount--₹2000.2(principal: ₹2000)

2nd EMI: pay interest of EMI#2
Payment amount—₹29.1 (interest of EMI#2)

3rd EMI: pay interest of EMI#3
Payment amount—₹29.1 (interest of EMI#3)

Balance amount to be paid as same as above until the Loan amount get finished.

All loan processes are online, you only need to get approval from our risk control audit department to get instant loans and rupee cash online through the application. Once your loan application is approved by the app, the funds will be transferred to your bank account.

Therefore, please do not hesitate to apply for a loan! Takacash is always here to serve you.

Why Takacash App?
1. 100% online loan application process.
2. Get 24*7 access to loans anytime, anywhere.
3. Efficient Application Review.
4. Disburse to your connected account once approved.
5. Available Pan India.
6. As the credit score grows, the sanctioned amount gradually increases.
7. Variety of convenient repayment options.

Eligibility
1. Indian resident.
2. 18-56 years old.
3. source of a monthly income.

Documents:
1. Address Proof
2. PAN Card
3. Selfie
4. Bank Statement

How it works？
1. Install the Takacash App from the Play Store.
2. Register an account.
3. Upload KYC documents Verification.
4. Fill out the contents, then submit the application.
5. Waiting for loans review.
6. Amount is disbursed to your Bank Account.

Benefits & Risks
1. Get access to higher amounts & tenures as you repay on time.
2. As compliance requirement your payment behaviour is shared with credit rating agencies; based on that your credit score may increase/decrease.

Security:
Your data are secured. All data are transferred over secured connections. We do not share your data to any third parties.
Takacash is dedicated to provide you with the safest and most reliable instant personal cash loan service, and absolutely guarantees the security of your information.

Takacash would like to help people for financial inclusion with our personal loan solutions so that our esteemed customers do not have to stand in long bank queues to get personal cash loans from them.

Contact Us :
Customer Service Email: [email protected]
Address: 7th Floor, Marisoft 3, East Wing, Marigold Premises, Kalyani Nagar, Pune - 411014, India