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About CashNova

CashNova has officially launched in Bangladesh. We offer safe and reliable local personal loan services to meet the specific needs of local residents. Our comprehensive product line covers a wide range of financial challenges, including daily expenses, cash flow needs, and personal planning, providing local residents with solid financial security.

Key Advantages

Mobile App: Complete the entire loan process remotely without visiting a physical branch.

Smart and Fast Approval: Automated credit assessment using artificial intelligence and big data technology enables rapid approval.

Low Application Threshold: No collateral or guarantor required; only basic identity and financial information is needed.

Loan Parameters Overview

Loan Principal: 5,000 to 500,000 Bangladeshi Taka

Term Selection: 91 to 365 days

Maximum Annual Interest Rate: 20%

Daily Interest Rate: 0.0547% (Calculated by dividing 20% annual interest by 365 days)

No Service Fee

Repayment Example

A loan of 500,000 Bangladeshi Taka with a term of 180 days and an annual interest rate of 20% will incur 49,315 Bangladeshi Taka in interest. The total amount payable is 549,315 Bangladeshi Taka (principal plus interest).

Calculation Formula: Principal + Principal * Daily Interest * Number of Days = Total Amount Payable

Calculation Formula: 500,000 + 500,000 * 0.0547% * 180 = 549,315

Eligibility

Bangladesh citizen aged 18 or older

Valid bank account opened in your own name

Good credit history

Contact Information and Data Privacy

For any questions or assistance, please email [email protected].

For our complete rules regarding our use and deletion of personal information, please see our Privacy Policy: https://api.sarolloan.com/privacy-policy.html