cashmama personal loan app - cashmama eligibility, review, Founder

CashMama Instant Personal Loan         

       CashMama is an Instant Personal Loan stage for experts created by Onion Credit Private Limited based at Hyderabad is driven by Sharat Chandra konatham and Pushpa Latha konatham. It is a Private organization, joined on Aug 28, 2018.

       You can apply for a momentary individual advance beginning from ₹ 3,000 to ₹ 8,000 according to their requirement. The application process is totally on the web, and upon endorsement, the money is quickly moved to the financial balance of the client. We comprehend that when you're in earnest need of assets, long holding up times can be disappointing, so we killed that totally.


       As a web stage, we have different non-banking money related organizations including KrazyBee Services Private Limited to loan to the clients of CashMama. KrazyBee Services Private Limited is an NBFC enrolled with RBI and Onion Credit Private Limited which claims the brand CashMama.
The requirement for a critical individual account for buy prerequisites is exceptionally under-served in India.

CashMama Features

  • Offers complete online process 
  • You can get the cash at the earliest opportunity (i.e 3min)
  • No hassle of going to the bank and waiting in line.
  • Quick loan disbursal within 48hrs

Documents required for CashMama 

  • A valid Aadhar card and PAN card
  • A selfie 
  • Last three month Bank statements

Eligibility for  Cashmama personal loan 

  • Should be an Indian citizen
  • Age should be above 21 yrs
  • A valid Aadhar card 
  • A valid PAN card
  • Should have an android mobile with a working mobile network
  • Should have a working bank account

CashMama personal loan interest rates and Fees

  • The interest varies from 20% to up to 35% per annum
  • The service charge varies from 5% to up to 10% 

Example of CashMama

      If the loan amount is Rs. 8K and the interest rate is 30% p.a with a minimum tenure of 91 days, then after deducting the processing fee and GST, the interest will be as the following :
Total Interest paid= ₹ 8000 X 30% / 365 x 91 = ₹ 598.

CashMama online personal loan 

  • 100% online application process for an instant personal loan 
  • Max loan: up to Rs. 8000
  • Interest rates: 20% -  35%
  • Service charge(Processing loan) :  5% - 10%(for 7 day loan it is 8% & for 14 day loan its 12%)
  • Loan term: 91 - 120 days.
  • Processing time:  Three minutes to 48 hours.
  • Over-due Fee would be 1% per day 

Steps involved in applying for CashMama personal loan

  • Download the cash mama app
  • Register as a new user
  • Complete the application form with your details 
  • Sign the loan agreement via digital signature online-no need to go anywhere
  • Get a response from CashMama in 5 to 48 hours.
  • Receive your loan in your bank account

CashMama Customer care details


       For any queries, you can contact cashmama customer care 24x7: help@cashmama.in


Conclusion (Personal view):


         The interface is good and the process to get a loan is so simple as you require only Aadhar and PAN card, the catch here is you can take only 8k and the interest rates are also high. It's not recommended for everyone only for a few with a low budget in mind. Customer care does respond late but it happens with start-ups as they have less number of employees.

To download the app from play store "Click here"

For the official website "Click here"

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Also read: Low-interest loans by NIRA app