App Name: Yeah Cash
Product calculation formula:
For a loan of Rs 20,000 with a tenor of 120 days, the fees charged are as follows:
Daily interest rate: 18.25%/365=0.05%
Interest to be paid per day: 20,000*0.05%=Rs 10
Interest to be paid per month: 20,000*0.05%*30=Rs 300
Monthly payment: 20,000*0.05%*30+ 20,000/120*30=Rs 5,300
Total Interest Fee: 20,000*0.05%*120 = Rs 1200
The total payment amount to be paid after the loan is due is 20,000+1200=Rs 21,200
- After the loan application is approved, the user will receive a loan principal of Rs 20,000; after the loan ends, the user's repayment amount becomes the total principal plus interest, without any other fees
In particular, there are no hidden costs.
APR and Fees:
Minimum loan Rs 5000 ~ upper limit Rs 50,000
Loan term 91 days ~ up to 120 days
Loan interest rate (maximum annual interest rate) 18.25%
No hidden fees, transparent and clear fees
1. High loan amount: The amount can be up to Rs. 50,000.
2. Fast loan approval: online application, fast approval and fast arrival.
3. Secure loan. Personal information is encrypted throughout the process and data is guaranteed safe
Yeah Cash is not directly involved in lending activities and only provides a platform to help Non-Banking Finance Companies (NBFCs) lend money to users, Yeah Cash works with RBI authorized and regulated NBFCs/financial institutions. [Madhur Vyapar Pvt Ltd] is a NBFC organization that we work with.
Product application terms.
Loans. Citizens living in India on a permanent basis
Age: 20 years and above
Money: employed with a stable source of income
Steps to use the product.
1. Download the Yeah Cash application from Google Play Store and sign in with your mobile number to register
2. Fill in your personal information
3. Order review
4. After approval, the amount will be credited to your account
Yeah Cash's customer service is always ready to help you.Please contact us in the following ways:
Address : 18 Ayoola Coker Steet, Ikeja GRA 101233, Ikeja, Lagos