Budhiya Cash is a mobile personal loan application for eligible users in India. The app allows users to provide application details, review available loan information, check repayment requirements, and access relevant records through a digital platform.
Users can submit the required personal and financial information and complete applicable verification steps. Applications are evaluated based on eligibility, KYC procedures, submitted information, and credit assessment criteria. If loan terms are available, users can review the related costs and repayment obligations before acceptance.
Before Accepting a Loan
Review the Key Facts Statement (KFS), loan agreement, APR, interest rate, processing fee, applicable GST, repayment schedule, total payable amount, cooling-off terms, penal charges, and other conditions before accepting an offer.
Choose a loan amount based on your financial situation and repayment ability. Late or missed payments may result in applicable charges and may affect future access to credit services.
Privacy and Support
Budhiya Cash handles personal information according to its Privacy Policy. Data may be processed for KYC verification, identity checks, application assessment, fraud prevention, loan servicing, repayment management, account administration, and customer support.
Eligibility Information
Applicants should:
• Provide complete and accurate information
• Be a resident of India
• Have an active Indian mobile number
• Hold a valid government-issued identity document
• Be at least 18 years old
• Maintain a bank account in their own name
Loan Details
• Max Loan Sum: ₹4 lakh
• Loan Tenure: 91 to 360 days
• Annual Interest Rate: 8% to 20%
• Maximum APR: Up to 36% per annum, including applicable interest and charges
• Processing Fee: Up to 2% of the loan amount, plus applicable GST
• Repayment Schedule: According to the applicable Key Facts Statement and loan agreement
The approved amount, repayment period, annual interest rate, APR, processing fee, GST, instalment details, and total payable amount depend on the final assessment and terms provided to the user.
Illustrative Loan Breakdown
For a ₹30,000 loan with a 6-month repayment tenure at an APR of 18.95%:
• Processing Fee + GST (18%): ₹600 + ₹108 = ₹708
• Loan Released: ₹29,292 (after processing fees)
• Total Interest Due: ₹2,804
• Overall Loan Expense: ₹3,512
• EMI (Monthly Payment): ₹5,467
• Total Repayment Sum: ₹32,804
This example is provided for reference only. Actual loan costs and repayment obligations depend on the final terms shown before acceptance.
Using Budhiya Cash
Submit Application Details
Users can provide the information required for loan assessment through the application process.
Review Available Terms
Before accepting an offer, users can check the sanctioned amount, tenure, interest rate, APR, applicable fees, repayment dates, and total payable amount.
Follow Application Updates
Users can view relevant application progress and available status information during the assessment process.
Check Repayment Records
Users can access repayment schedules, payment details, and available loan records through the app.
Maintain Account Information
Users may update permitted personal and account details according to the requirements provided within the service.
Meeting these conditions does not guarantee approval. Applications remain subject to verification, eligibility review, credit assessment, and applicable lending criteria.
For application or account-related assistance, please email customercare@budhiyacommercial.com.
