When you apply for a loan with CASHe, the documents can be uploaded from the smartphone you are using to access your CASHe account. Since it is a type of a personal loan, therefore some documents are required by the company to verify and check if the person is real and the documents are valid and not fake. Photo proof is also required by the application as is required in most the manual loan applications
List of documents to be submitted for CASHe Instant Personal Loan:
Proof of income: If you are a salaried person, then salary slips are required to be submitted to you as proof of income to the company. The salary slips from 3-6 months are what is expected.
For identity proof PAN card is allowed as is considered a valid proof of identity of the borrower for the company.
The borrower also has to submit the proof of address. The proof of address is where the borrower is permanently living or may not live at the address but your permanent house is the address given in the proof.
Along with all these documents, a social loan quotient should be submitted by the borrower. It is one of the first social behavior based credit systems.
Once all the documents are submitted, the loan app will verify and then the funds will directly be credited to your account.
Also Read: Does CASHe check CIBIL™ score?