Salem Cash - Instant Cash Loan

Discover why Salem Cash excels in instant personal loans. Renowned among personal loan apps, it offers swift access to immediate funds, empowering your financial decisions.

Loan Facility Details
We provide a loan up to Rs 3,00,000. The limit is decided based on your credit profile/history, income, and other factors. Once customer's loan is approved, they can transfer the required amount to their bank account as a personal loan. This borrowed amount can be repaid in from 3, 4, 5 or 6 months.

Fees, Interest and Example
Processing Fees: Processing Fee means charges levied by Salem Cash to the customer against the processing of loan, which the customer will pay to the Lender for each transaction initiated by the customer on Salem Cash. Processing fees will be up to 1% of the loan amount.

Interest: Salem Cash shall charge interest on the outstanding loan amounts calculated at the Rate of Interest displayed on Salem Cash at the time of availing the loan. Daily Interest Rate is 0.07%. Annual Percentage Rate is 26.57%.

Example: If a customer takes a loan of Rs 20,000 for a period of 6 months, at an annual interest rate of 26.57% APR, then the customer will pay an EMI for 6 months of Rs 3,770 per month. The processing fees with GST will only be Rs 236. Total payment over 6 months will be Rs 22,857 (including principal Rs 20,000 and interest fee of Rs 2,621).

Eligibility Criteria
Indian citizens aged 20-60 can enjoy rapid approval through our personal loan app.

Swift Personal Loans Made Easy
Enjoy expedited solutions with our instant loan app. Benefit from fast processing and instant credit score checks for prompt disbursal.

Intuitive User Experience
Salem Cash features a sleek and intuitive interface, setting the standard among personal loan apps in India. Whether you're salaried or self-employed, our app caters seamlessly to your needs.

Choose Salem Cash for a Reliable and Efficient Financial Journey. Explore tailored loan options designed just for you.

Share Your Thoughts on Our Loan App. Connect with us at contactus@salemerodein.com.