Dr Cash Flexible Credit Line from Rs. 2,000 to Rs. 60,000 in All India Fast and secure 100% secure and simple application process of 5 min in Dr cash Loan application

Dr Cash Flexible Credit Line from Rs. 2,000 to Rs. 60,000 in All India Fast and secure 100% secure and simple application process of 5 min in Dr cash Loan application

Dr cash personal loan

Application Link: https://play.Dr cash.com/

Dr Cash is an Indian Instant Personal Loan platform for salaried and self-employed individuals where one can apply for an Instant personal loans starting from ₹ 2,000 up to ₹ 60,000 as per their requirement. We aim to provide simple and seamless experience to all our users when it comes to quick and convenient Personal Loans. Dr Cash offers its users a completely online process, and upon approval, the loan amount is immediately transferred to the bank account of the user.

Dr Cash uses AI technology, analytics tool, Non-traditional ways of credit assessment & real-time credit decision engine to give you instant decision of your loan.

Dr Cash believe in transparency. We aim to make credit facility available to all the eligible Indians without any discrimination on the basis of area/ gender/ profession.

Dr Cash are not an NBFC instead we connect our users to our exclusive lending partner (Anand Property Finance Ltd) to enable lending in the shortest time possible. As an NBFC Market Place, we host multiple non-banking financial companies to lend to the customers.

Dr Cash welcome all kinds of user’s weather you have taken a loan before or not or you have any credit history or not, you can still avail loans with us. We offer loans for all the legitimate purposes such as medical emergency, festival shopping, paying your EMIs/bills, a vacation, booking concert tickets or shopping online, etc.

Dr Cash believe in helping our customers in making a good credit history by using our platform and gradually the can become eligible for bigger loans.

Dr Cash is a mobile based Instant Personal Loan Platform. Users can apply for a Personal Loan of up to Rs 50,000 from RBI-approved NBFC.

The application process is completely digital, and once approved, the funds are transferred immediately to your bank account.

Dr Cash provide loans to salaries as well as self-employed. We want to make Credit facility accessible to all Indians.

Instant Credit Line, anywhere, anytime

Complete the application in 5 min. Get your Credit Line in 2 min

Amount, Tenure, Fees & Charges of Dr Cash loan:

Loan Amount: from ₹ 2,000 to 50,000.

Tenure: 91+ days (minimum period, including renewal period), up to 180 days (maximum period, including renewal period)

Maximum Annual Interest Rate: 35.04 % per annum.

EMI calculation Example

If loan amount is ₹50,000 & interest is 35.04% per annum; and loan is to be repaid over 6 EMIs (180 days ), then overall interest payable is ₹8,640 only. The EMI per month would be ₹9,773 only.

Interest Calculation of Dr Cash

loan amount is ₹50,000,

Loan term 6 Months (180 days),

ROI 35.04% per annum,

Interest Payable = ₹ 50,000*35.04%/365*180 = ₹8,640,

Equated Monthly EMI ₹9,773.33 per month for 6 months,

Total amount repaid =₹50,000+ ₹8,640 = ₹58,640.

Fee: Technology/Platform fee on the loan is: ₹300

One Time on boarding fee: ₹120

Tax on the Technology/Platform fee (GST at 18%) = ₹300 * 18% = ₹54

Tax on One Time On boarding fee (GST at 18%) = ₹120 * 18% = ₹21.6

Total Cost of the Loan(with all taxes):

Total cost of the loan: ₹8,640 + ₹300 + ₹120 + ₹54 + ₹21.6 = ₹9,135.60

APR % = 37.05% (=₹ 50,000/₹9,135.60*365/180)

Users will be charged a late payment penalty fees only when users delay their scheduled payment.

Dr Cash, delivers the best customer experience, world-class product and services, Secure and safe engagement.

Why Dr Cash?

- Apply anytime from anywhere.

- All Indian citizens from anywhere across India are eligible.

- Customers with low or no credit history are eligible.

- Decision is made instantly.

- When approved, sanctioned amount is credited to your bank account immediately.

- Convenience of automatic repayment along with other payment modes.

- No pre-payment penalty if loan is repaid before due date.

- 24*7, process of loan, so that you can avail loans even on holidays

What kind of documents need to apply for Dr Cash loan?

All we need from you are:

- A Selfie

- Your PAN card details

- One government ID

- Address proof

How does Dr Cash works?

- Install Dr Cash app from Google Play Store.

- Register yourself via your mobile.

- Fill in the information and upload relevant documents

- E-sign the agreement.

- Get money on approval.

Which States does Dr Cash service?

Dr Cash provide Personal loan in PAN India.

Who can apply for a loan for Drcash?

• All Indian nationals residing in India

• Anyone with an Android phone and a working internet connection

• Anyone above 18 years of age

• Valid bank account and PAN card

Dr Cash Customer Care Contact Us:

Dr Cash Customer Service Email: care@drcash.in

Dr Cash NBFC Address: 

       805B, Plot no A-42/6,

       Sector 62, Noida (UP)

FULL INFROMACTION ABOUT DR CASH

1. Who is Dr Cash?

Dr Cash is an Indian Instant Personal Loan platform for salaried and self-employed individuals where one can apply for an Instant personal loans starting from ₹ 2,000 up to ₹ 60,000 as per their requirement. We aim to provide simple and seamless experience to all our users when it comes to quick and convenient Personal Loans. Dr Cash offers its users a completely online process, and upon approval, the loan amount is immediately transferred to the bank account of the user.

Dr Cash uses AI technology, analytics tool, Non-traditional ways of credit assessment & real-time credit decision engine to give you instant decision of your loan.

Dr cash believe in transparency. We aim to make credit facility available to all the eligible Indians without any discrimination on the basis of area/ gender/ profession.

Dr cash are not an NBFC instead we connect our users to our exclusive lending partner (Anand Property Finance Ltd) to enable lending in the shortest time possible. As an NBFC Market Place, we host multiple non-banking financial companies to lend to the customers.

Dr cash welcome all kinds of user’s weather you have taken a loan before or not or you have any credit history or not, you can still avail loans with us. We offer loans for all the legitimate purposes such as medical emergency, festival shopping, paying your EMIs/bills, a vacation, booking concert tickets or shopping online, etc.

Dr Cash believe in helping our customers in making a good credit history by using our platform and gradually the can become eligible for bigger loans.

2. Is Dr Cash an India company?

Dr Cash is a local Indian fin-tech working with multiple NBFC partners to enable an instant personal loan for its customers as per their needs.

3. Which cities are currently serviced by Dr Cash?

Dr Cash provide loans in PAN India.

4. How much Credit Line can I get from Dr Cash?

Your Credit Line starts from ₹2,000 and goes up to ₹60,000.

5. HOW TO USE DR CASH?

How do I Register in Dr cash?

Download the Dr Cash app from the Play Store or the link provided on our website www.drcash.in

6.What if my app shuts down before I complete the process?

Don’t worry – You can again start your application from same step from where you left off, once you re-start the app.

7.Is Dr Cash A Bank Or An NBFC?

We are a new age fin-tech company facilitating instant Personal Loans to both Salaried & Self-Employed customers. We work with multiple NBFCs at the backend to bring to you the best in personal finance. Your loan agreement will indicate the NBFC name and other details/ terms of agreement.

8. What the is eligibility criteria for applying for a Loan with Dr Cash?

Any individual aged between 20 – 65 years having a monthly income of minimum Rs.12,000 through any authentic source, can apply for a loan with Dr Cash. We welcome salaried & self-employed applicants; as long as minimum income criteria along with other conditions are met.

9. Can I reach out to Dr Cash?

You can reach out to us at care@drcash.in and we promise to respond you at the earliest.

10. I haven’t received the OTP. What can be the reason in Dr cash?

The SMS is delivered by your network operator, so network issues can prevent you from receiving the OTP. You can try switching off and restarting your phone. Or else, you can try after some time.

11. Why is my loan application rejected in Dr cash?

Credit eligibility of every borrower based on our own set parameters and algorithms. Don’t worry if your loan did not get approved – it is not necessarily a reflection of your credit worthiness. Our loan assessment process is a function of multiple factors and in line with policies of our partners, in case you are rejected, you may re-apply later to review your status.

12. How long does it take to avail the loan through Dr Cash?

Completing your profile and uploading your documents should not take you more than 5 minutes. Once all your documents are provided correctly, and your account is verified, you may receive the approved loan amount in your bank account within minutes.

13. Do I have to upload the required documents every time I take a loan in Dr cash?

No, you only need to upload your documents the first time you apply for a loan. Once your documents have been successfully verified and your Dr Cash profile is confirmed, you don’t have to re-submit your documents the next time you apply for a loan through us.

14. Do you accept upload of a photo of a scanned copy or photocopy of my documents (PAN card) or address proof (Aadhaar card, voter ID, driving licence)?

No, a photocopy or scanned copy of your documents will not be accepted. We require photos of your original documents only.

15. Can I send the documents to you via email in Dr cash?

No, you can only upload the documents through the app.

16. My KYC documents are correct but they are not getting verified. What can be the reason?

Please ensure that you upload clear photos of your original documents. Clicking a photo of a photocopy of your documents or photo of document saved on another mobile or computer screen may not work.

17. Is my data safe with Dr Cash?

Yes, your data is safe with us. It is transferred over a secure connection and we do not share it with anyone without your consent.

18. Is loan application through Dr Cash us 24*7?

Yes, our system is made in such a way that we can cater you round the clock and even on the bank holidays.

19. How can I get loans of a higher amount in Dr cash?

The loan amount you are eligible for depends on multiple factors and based on that you are allocated a maximum disbursal limit that you can avail.

Repeat borrowers with good repayment record with us have better chances of higher loan amount.

20. Can I apply for two loans simultaneously in Dr cash?

No, an individual is can take only one loan at a time. You can avail another loan once you have repaid the ongoing loan. There is no cap on the number of loans you can apply for through a period of time.

21. Can I change my loan terms in Dr cash?

Loan term and amount is to be selected at the time of loan selection once you have taken the loan it can’t be changed for that loan. You can choose loan term and amount each time you take a loan through us.

Will the processing fee be deducted from my loan amount upfront in Dr cash?

Yes.

22. Are there any hidden charges in Dr cash?

No. All our charges are transparent and communicated to the customer upfront.

23. Why do you need my bank account details in Dr cash?

We need your bank account details to be able to transfer the funds you need to that account.

24.Can I get the loan amount transferred to someone else’s bank account in Dr cash?

No, you can only get the amount transferred to your own bank account.