I cash loan

I Cash Loan provides non-collateral and no guarantee required online loan service to every ordinary borrower. Don’t let money control you! Borrow money to meet your needs and enjoy flexible payment terms with I Cash Loan App.

Summary
User age limit: 18-60 years old
Loan Amount: from ₹5,000 to 100,000.
Tenure: from 4 months to 12 months.
maximum Annual Percentage Rate (APR): 36%
(Depends on the customer's risk profile and loan tenure. The minimum interest rate is 18% per annum and the maximum interest rate is 36% per annum.)
Interest Calculation
For example, if the loan amount is ₹ 5,000 and the interest rate is 36% per annum with the tenure of 4 months, the interest payable is as follows :

Annual interest = ₹5,000 * 18% = ₹900
Monthly interest = ₹5,000 * 18% / 12 = ₹75
Monthly repayment = ₹5,000/4 + ₹75 = ₹1325
Processing fee : ₹5,000 * %1 = ₹50
Total interest = ₹5,000 * 18% / 12 * 4 = ₹300
Total repayment = ₹5,000 + ₹300 + ₹50 = ₹5,350


Loan application procedure for first time borrowers:
1.Download I Cash Loans app.
2.Sign up with Mobile phone.
3.Choose your loan amount and loan term.
4.Fill in personal info and upload the necessary documents
5.Loan review and disbursement.

Security:
We don’t sell your personal information. Ever. We keep your data secure with bank-level security.

Contact Us:
Email: [email protected]