Cash Star - Credit Online Loan Assistant

Cash Star emerges as a robust solution, offering a seamless experience by connecting users with registered non-bank financial companies (NBFCs) and banks. It’s essential to understand that Cash Star itself does not directly engage in lending activities but facilitates the process through its trusted partners.

Partnering for Success

One of Cash Star’s primary partners is TINNA FINEX LIMITED, a systemically important NBFC known for its reliability and robust financial services. This partnership ensures that users have access to credible and secure lending options.

Comprehensive Loan Options

Cash Star provides an online platform where users can apply for loans ranging from Rs. 2,000 to Rs. 2 Lakh, with tenures spanning 95 days to 24 months. The processing fees are set at 5% plus GST, with a minimum of Rs. 100 + GST and a maximum of Rs. 5,000 + GST. The Annual Percentage Rate (APR) varies between 18% and 32%, depending on the loan specifics.

Example Loan Calculation

To give you a clearer understanding, here’s an example:

• Loan Amount: Rs. 75,000
• Tenure: 12 Months
• APR: 24% (on Reducing Principal Balance interest calculation)
• EMI: Rs. 7,092
• Total Interest Payable: Rs. 10,104
• Processing Fees (incl. GST): Rs. 4,425
• Total Cost of Loan: Rs. 85,104

Note: The loan amount is disbursed after deducting the processing fee. Interest is charged only on the utilized loan amount.

Key Features of Cash Star

1. Paperless Process: Enjoy a 100% digital and paperless application process.
2. High Loan Limits: Access loan limits up to Rs. 2 Lakh.
3. Collateral-Free Loans: Obtain loans without needing to provide collateral.
4. EMI Conversion: Convert your short-term personal loans to EMI term loans.
5. Rent Payments via Credit Card: Use your credit card to pay monthly rent.

Eligibility Criteria

To qualify for a loan through Cash Star, applicants must meet the following criteria:

1. Age: Borrowers must be at least 18 years old, with a maximum age of 56 at the time of the loan.
2. Citizenship: Must be an Indian citizen.
3. Employment: Should be a salaried employee with a monthly net salary of at least Rs. 15,000.
4. Work Experience: A minimum of 6 months of work experience is required.

Required Documents

Applicants need to provide the following documents:

1. Identity Proof: Driving license, Voter ID, Passport, Aadhar, or PAN.
2. Address Proof: Driving license, Voter ID, Passport, Aadhar, Utility bills, or bank statements.
3. E-signature: E-sign on the application with a registered mobile number and OTP.

How to Apply

The application process with Cash Star is straightforward and efficient. Here’s how you can get started:

1. Sign Up/ Register: Use your mobile number to sign up.
2. Complete Details: Fill in required details such as Name, Address, and Bank account.
3. Upload Documents: Upload your PAN card and identity proof.
4. Credit Limit Assignment: Get your credit limit assigned.
5. E-sign Agreement: Complete the e-signature process.
6. Receive Funds: The loan amount will be credited to your bank account upon successful completion.

Versatile Loan Uses

Cash Star loans can be utilized for a variety of purposes, including:

• Education: Fund your or your child's education.
• Medical Expenses: Cover medical bills and emergencies.
• Home Renovation: Improve your living space.
• Buying Gadgets: Purchase new mobile phones or gadgets.
• Travel Expenses: Finance your travel plans.
• Rental Deposits: Pay your rental deposits.
• Monthly Bills: Manage monthly utility bills.
• Home Appliances and Furniture: Buy essential home items.

Security and Privacy

Cash Star places a high priority on data security and privacy. The app uses SHA-2 and 2,048-bit encryption—the strongest security system in the market—and complies with SSL certificates. This ensures that all user data is safeguarded against unauthorized access.

Cash Star provides a secure, efficient, and user-friendly platform for accessing personal loans. With high loan limits, competitive interest rates, and a seamless application process, it stands out as a reliable option for managing your financial needs. Whether for education, medical expenses, home renovations, or travel, Cash Star offers the flexibility and support you need. Download the Cash Star app today and take the first step towards financial stability and happiness for you and your family.