CASHe loans do not have much effect on your CIBIL score.
They follow their own algorithm to approve your CASHe Personal loans:
CASHe is an online lending start-up. As an alternative to the current banking credit scoring system, they have created a proprietary scoring system known as 'SLQ'
Though they are required to collect CIBIL information while processing your loan, the eligibility is based on the internal SLQ rating and not on your CIBIL score
Even if an applicant has a high CIBIL score, CASHe will not lend to him or her if he or she does not meet the SLQ ratings
Salaried people earning at least Rs.15K per month are eligible for CASHe loans worth up to 75% of their monthly salary
CASHe Instant personal loans are a great way to avail an unsecured loan without having to worry about the CIBIL score. With a single approval, you get to choose a personal loan and different shopping loans to meet your needs.
Get up to Rs. 4 lakhs instant loan based on your income, age and Social Medial Loan Quotient. These are unsecured loans and can be used for any purpose. It also offers convenient repayment terms of 3 months to 18 months.
You can avail CASHe loans as an instant personal loan, a credit line, or a shopping loan (partnering with leading e-commerce sites of Myntra, Amazon, Flipkart, Big Basket, Urban Company, and more)