CashNow

CashNow - Loan Shark Review
Interest Rate 2%
Duration From 30 Days 25% Interest per year
Access Level Public
Company Name Quantix Technology Projects LLC
Phone 1 0097150-9783342
Phone 2
Website or Store
Address
Category Safe Loan
Company Email help.cashnow@quantix.ae
Views 5

Training Videos

Frequently Asked Questions


About CashNow

Fast. Flexible. Secure. Licensed by the Central Bank of the UAE.

CashNow is a mobile lending application operated by Quantix Technology Projects LLC, a company fully licensed and regulated by the Central Bank of the United Arab Emirates.

We provide instant personal loans directly to your bank account or digital wallet – with minimal fees, transparent interest rates, and no hidden charges.

Why Choose CashNow?

 

FeatureWhat It Means for You
Easy ApplicationOnly your Emirates ID and mobile number needed. No paperwork.
Fast DisbursementGet cash in your account within hours, not days.
Universal AccessOpen to all nationalities living in the UAE.
Bank-FriendlyWorks with all major UAE banks licensed by the Central Bank.
Privacy FirstYour data is secure. We verify identity via selfie – no unnecessary permissions.

How It Works (3 Simple Steps)

Download the CashNow app from the official store.

Sign up using your mobile number and Emirates ID.

Complete verification with a selfie and submit your application.

Once approved, funds are transferred directly to your personal bank account.

Loan Requirements

To qualify for a CashNow instant loan, you must:

✅ Be a UAE resident

✅ Have a valid Emirates ID

✅ Own a personal bank account in the UAE

✅ Be between 20 – 55 years of age

Loan Amount & Repayment Terms

 

ParameterDetails
Loan AmountUp to AED 5,000 (based on credit score and repayment history)
Repayment Period91 – 180 days
Interest Rate25% per annum (normal rate)
Processing Fee5% (deducted from net loan proceeds)
Maximum APRUp to 35.9% (for qualified users; displayed clearly before signing)

⚠️ All fees, interest rates, and APR are shown clearly inside the app before you sign any agreement or receive funds.

Real Loan Example

Loan Amount: AED 3,000
Tenure: 180 days
Interest Rate: 25% per year

 

CalculationAmount (AED)
Monthly Payment562.50
Total Interest Payable375.00
Processing Fee (5%)150.00
Total Repayment Amount3,375.00
APR35%

Supported Banks

CashNow supports bank accounts from all major banks licensed by the Central Bank of the UAE, including:

Emirates NBD

First Abu Dhabi Bank (FAB)

Mashreq Bank

Abu Dhabi Commercial Bank (ADCB)

RAK Bank

And all other Central Bank-licensed banks

💡 Note: CashNow provides direct cash loans to your bank account – different from "Buy Now, Pay Later" (BNPL) platforms like Tabby or Tamara, which only work for merchant purchases.

Frequently Asked Questions (FAQ)

Q: How do I apply for a loan?
A: Download the CashNow app, sign up with your mobile number and Emirates ID, complete the selfie verification, and submit your application.

Q: What documents do I need?
A: Only your Emirates ID and a valid UAE bank account. No salary certificates or physical paperwork required.

Q: How long does approval take?
A: Most applications are processed within a few hours. Funds are disbursed the same day.

Q: Can non-Emiratis apply?
A: Yes. CashNow serves all nationalities residing legally in the UAE.

Q: Is CashNow licensed?
A: Yes. Quantix Technology Projects LLC is licensed by the Central Bank of the United Arab Emirates.


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