Cashkumar provides investors with opportunities to earn returns by lending to vetted borrowers. The platform focuses on low-risk working capital loans to partner-backed businesses in tier 2 and tier 3 cities. Investors can benefit from high liquidity with investment tenures ranging from 7 to 28 days and an average return on investment (RoI) of 12% per annum.
For borrowers, Cashkumar offers quick and accessible personal loans ranging from βΉ20,000 to βΉ1.5 lakhs, with tenures between 3 months to 1 year. The platform emphasizes minimal paperwork, an online application process, and swift approval and disbursal, catering to salaried professionals across 30 cities in India.
Indian citizens and residents above 18 years old who are interested in P2P lending can participate on Cashkumar’s platform.
Borrowers are charged a processing fee, which is the higher of 4% of the loan amount or βΉ2,000.
Cashkumar offers to invest in various crowdfunding opportunities from the Personal loans sector.
At Cashkumar, you can start investing with βΉ5,000.
The investment models Cashkumar operates is P2P lending.