Cashkumar is a peer-to-peer (P2P) lending portal that facilitates instant personal loans within a few clicks. It provides personal loans to the salaried professionals who face difficulties while securing a personal loan because of working in unlisted companies. However, the portal does not lend any kind of loan itself, but it acts as a bridge between a borrower and a lender. Apart from borrowers, it is also a good platform for individuals who want to invest their money by lending it to someone. Cashkumar verifies all the details of the borrowers and lenders who wish to join this platform.

Features and Benefits of Cashkumar

  • Loan for The New Borrowers: Cashkumar offers a personal loan to the new borrower new to the credit. Generally, traditional lenders prefer borrowers who have a previous history of borrowing.
  • Loans to Improve the Credit Report: Since Cashkumar provides personal loans to the new lenders who don’t a credit history, it helps an individual to build its credit history or to improve a bad one.
  • Instant Personal Loan: By using the Cashkumar’s platform you can get instant loan because it requires lesser documents as compared to traditional lenders. The application process is online; thus, it also saves time and hassle. 
  • Multiuse Personal Loan: Cashkumar personal loans can be used for various activities such as travel, wedding, debt consolidation, medical emergency, and home renovations.

Cashkumar Personal Loan Interest Rate, Processing Fee, and the Loan Tenure

Lenders Name


Interest Rate

18% - 24% P.A.

Processing Fee

Up to 4%

Loan Amount

Rs 20,000 – Rs 1,00,000

Loan tenure

3 - 12 months

Eligibility Criteria to Avail Cashkumar Personal Loan

  • The applicant should be an Indian.
  • The minimum monthly salary of the applicant should be Rs 20,000.
  • The applicant should be staying in the city for at least 1 year.
  • The applicant should have a total work experience of at least 2 years.

Documents Required for Cashkumar Personal Loan




Application Form

Application Form

2 Latest Photographs 

2 Latest Photographs 

Passport/ Voter ID/ Driving License/ PAN Card

Passport/ Voter ID/ Driving License/ PAN Card

Leave and License Agreement/ Utility Bill/ Passport

Leave and License Agreement/ Utility Bill/ Passport

Property Documents/ Maintenance Bill/ Electricity Bill

Property Documents/ Maintenance Bill/ Electricity Bill

Last 6 Months Bank Statement

Saral Copy For 3 Yrs., Shop Establishment Act, Any Tax Registration Copy, Company Registration License

Salary Slip for Last 3 Months/ Latest Form 16

Latest 1-Year Bank Statement


Latest 2 Years ITR Including Income Computation, P&L Account, Balance Sheet, Audit Report, Etc.

Cashkumar Personal Loan EMI Calculator

Cashkumar offer instant personal loan for up to Rs 1 lakh can be repaid between the tenure of 3 to 12 months. Since it offers the interest rate based on the credit profile, it is important to have done the EMI calculation before taking the loan. To do the EMI calculation, you can use Cashkumar EMI calculator. To use this tool, enter your desired loan amount, interest rate, and preferred tenure, as shown in the table below.

Loan amount

Rs 50,000

Interest Rate

18% p. a. 


6 months









Rs 8,026

Rs 750

Rs 8,776

Rs 41,974



Rs 8,147

Rs 630

Rs 8,776

Rs 33,827



Rs 8,269

Rs 507

Rs 8,776

Rs 25,558



Rs 8,393

Rs 383

Rs 8,776

Rs 17,165



Rs 8,519

Rs 257

Rs 8,776

Rs 8,647



Rs 8,647

Rs 130

Rs 8,776

Rs 0


You can try different variation via an EMI calculator here.

How to Use Cashkumar Loan App

  1. Download the app on your smartphone.
  2. Fill loan requirement, employer’s name, and salary.
  3. Upload your documents.
  4. Wait for the confirmation from the Cashkumar.
  5. Once you get approval, you can receive funds in your account

Cashkumar Customer Care

In case if you need any kind of help you can call on the Cashkumar customer care number or you can send an email on the customer care emai ID/

Customer Care Number: 9535800900

Email Id:


Q1Who can apply for a loan using the Cashkumar portal?
Any salaried or self-employed person can avail of the Cashkumar instant personal loan facility by using the mobile app or visiting the official website.
Q2What is P2P lending?
At a P2P loan portal, the borrower’s loan requirement is met the non-traditional lender. In simple terms, any individual who wants to invest his money by lending it to someone, is known as peer to peer lending.
Q3What is the process to foreclose a loan?
If you want to foreclose a Cashkumar loan, you can foreclose it after 3 months at free of cost.
Q4Does Cashkumar charge a fee for providing its services?
When you apply for a loan, Cashkumar charges a processing fee of up to 4%. Apart from a processing fee, Cashkumar doesn’t charge any kind of fee from the borrowers.
Q5Can I avail a personal loan with a low credit score?
Yes, you can apply for a personal loan despite a low credit score. Cashkumar with its own algorithms checks the credit profile of the user and offers a personal loan.
Q6Is Cashkumar safe for borrowing and lending?
Cashkumar is an RBI certified P2P network so there is no worry in borrowing and lending using this platform.