Cash Box Loan App Download Free for Android 2024 (Line of Credit)

1.0.8
Cash Box is an unsecured Line of Credit (LOC) loan application that assesses the user's credit limit based on factors such as location, income, liabilities, employment status, corporate affiliation, job position, property ownership, and other relevant conditions.
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Developer
CashBox Official
Updated
1 hour ago
Size
13.13 MB
Version
1.0.8
Requirements
5.0
Downloads
100,000+
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Description

Are you in need of quick and flexible financial assistance? Look no further! Cash Box Loan App is here to provide an unsecured Line of Credit (LOC) that tailors itself to your unique financial needs. Our application assesses your credit limit based on various factors such as location, income, liabilities, employment status, corporate affiliation, job position, property ownership, and other relevant conditions.

Cash Box Loan App Download Free for Android 2024 (Line of Credit)

Cash Box Loan App Download Free for Android 2024 (Line of Credit)

Key Features of the Cash Box Loan App:

  1. Reasonable Interest Rates:
    • Enjoy the freedom to apply for a specific amount and choose the exact sum you wish to borrow from your credit line.
    • Pay interest solely on the withdrawn amount, not on the entire credit line, giving you ultimate flexibility.
  2. Flexibility in Repayment:
    • Decide whether to repay the entire outstanding balance in a single payment or make minimum monthly repayments.
    • Choose the option that suits your budget, and we provide the flexibility to pay rollover/delay fees if needed.
  3. Security Measures:
    • Your information is our priority. We treat it with the utmost importance.
    • Rest assured knowing that all your data is stored and transmitted using 256-bit SSL security encryption, ensuring confidentiality.
    • Your information will never be shared without your explicit permission.

Line of Credit Example: Let’s break down an example for better understanding:

  • Loan Amount: ₹6,000
  • Credit Line Amount: ₹36,000
  • Maximum APR: 18.25% per annum
  • Loan Tenure: 120 days

Interest Calculation: Interest = ₹6,000 x 18.25%/365 x 120 = ₹360

Additional Fees:

  • Processing Fee: ₹100
  • GST on Processing Fee: ₹18

Total Repayment in 120 days: ₹6,478. Notably, Cash Box calculates interest solely on the withdrawn amount of ₹6,000.

Product Details:

  • Loan Amount: ₹1,500 to ₹1,20,000
  • Minimum Credit Tenure: 91 days
  • Maximum Credit Tenure: 365 days
  • Maximum APR: 18.25%
  • Processing Fee: ₹80 to ₹2,000 based on credit tenure and withdrawal amounts
  • GST: 18% on processing fees in adherence to Indian laws and policies

Credit Line Determination: Your credit line limit is established by considering various factors, including your location, income, liabilities, job, employment, corporate affiliation, company position, property, and other relevant factors. Providing accurate information enhances the chances of receiving a higher credit line.

Credit Line Restoration: Once your loan amount is repaid and settled, your line of credit is immediately restored, ready for your future financial needs.

Eligibility Criteria: To avail Cash Box Loan App services, individuals must meet the following criteria:

Application Process:

  1. Download the Cash Box Loan App and complete the installation.
  2. Register with your mobile number and grant basic permissions.
  3. Submit KYC documents for information integrity checking (typically completed in less than 5 minutes).
  4. Accept Cash Box’s terms and agreements, then determine the required loan amount.
  5. Await the determination of total credit line limits, a process usually completed in less than 2 working hours.

Contacts: Email: customerservice@cashboxservice.info

Don’t let financial constraints hold you back. Download Cash Box Loan App now and experience the freedom of a flexible Line of Credit tailored just for you!

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