Top Features and Benefits of Personal Loan

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Flexible Loan Amount

Money View offers personal loans of up to Rs. 5 lakhs.

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24 Hours Loan Disbursal

Our personal loans are usually disbursed to your bank account within just 24 business hours after application approval

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Collateral Free Loans

To apply for a personal loan through Money View, you don’t have to pledge any asset or arrange for a guarantor

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Low Interest Rates

We understand how important affordable personal loans are. Therefore, Money View interest rates start at 1.33% p.m.

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Hassle-free Online Process

You can apply for a personal loan from moneyview at any time from the comfort of your home

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Flexible Repayment Term

Choose repayment term of upto 60 months

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Loans on Low Credit Score

Money View provides personal loans to anyone with a CIBIL score of 600 or Experian score of 650 and above. We have our own in-house credit model that helps us assess the creditworthiness of our customers

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Quick Eligibility Check

Imagine checking for your eligibility within just 2 minutes! This is possible if you are applying for a personal loan from Money View.

When life throws financial emergencies at you, a personal loan can be of immense help. While there are many lenders offering these loans, the benefits offered by moneyview are second to none. 

Continue reading to understand why you should get a loan from moneyview, features and benefits, etc.

Eligibility Criteria for Rs. 1 Lakh Loan from Money View

You can easily get a loan of 1 lakh from Moneyview by fulfilling the eligibility criteria given below -

  • Applicants must be between 21 years and 57 years
  • Applicants must receive an income of Rs. 13,500 or more*
  • Income must be credited directly to the applicants’ bank account
  • Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650
Income and Credit Score Eligibility Criteria*
Salaried Individuals Minimum In-Hand Income Area of Residence CIBIL Credit Score Requirement
Rs 13,500 Any CIBIL Score of 600 /Experian Score of 650 and above
Rs 20,000 Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.) New to Credit or CIBIL Score of 600 /Experian Score of 650 and above
Rs 15,000 Metro City other than Mumbai and NCR CIBIL Score of 600 /Experian Score of 650 and above
Self-Employed Individuals Rs 15,000 Any CIBIL Score of 600 /Experian Score of 650 and above

Documents Required for Rs. 1 Lakh Loan from Money View

For a Rs. 1 lakh personal loan from Moneyview, we only need three documents-

Identity Proof Address Proof Income Proof
PAN Card - This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any 1 of the officially valid documents given below will suffice)
  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
Any 1 of the following -
  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
  • Utility Bills (Electricity, Water, Gas) dated within the last 60 days
Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits
OR
Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed

Fees and Charges for Rs. 1 Lakh Personal Loan from Moneyview

If you are wondering what a Rs. 1 lakh personal loan EMI would be, we can tell you for sure that it will be affordable. Take a look at our fees and charges below -

Fees & Charges Amount Chargeable
Interest Rate Starting from 1.33% per month
Loan Processing Charges Between 2% to 8% of the approved loan amount
Interest on Overdue EMIs 2% per month on the overdue EMI/Principal loan amount
Cheque Bounce Rs.500/- each time

Rs. 1 Lakh Personal Loan EMI For Tenure of 1-5 Years

If you are curious to know how much your EMI amount could be, there’s an easy way to find out.

All you need to do is use the moneyview personal loan EMI calculator. Input the necessary values and voila! You’ll have the answer in seconds.

Here’s an example of what the EMI for a Rs. 1,00,000 loan would be if availed at an interest rate of 16.5% per annum.

Loan Amount

Interest Rate (p.a.)

Tenure (in months)

EMI

Rs. 1,00,000

17.25%

12

Rs. 9,132

24

Rs. 4,956

36

Rs. 3,578

48

Rs. 2,898

60

Rs. 2,499

How to Apply for a Rs. 1 Lakh Loan from Money View

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Check Eligibility

Visit the Money View website or loan app. Provide the required details and we will let you know your eligibility in 2 minutes.

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Select Loan Tenure

Based on the options provided, select the loan amount and repayment term of your choice

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Upload Documents

Upload all of the necessary documents online for verification

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Amount Disbursed

Post verification and submission of loan agreement, the loan amount will be credited to your account within 24 hours

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Conclusion

Personal loans are versatile and easy to avail. While the amount offered varies from one lender to another, Money View provides loans from Rs. 5,000 to Rs. 5 lakhs with minimal documentation requirements. Not only that - the entire application process is online and can be done from anywhere across India. So what are you waiting for?Visit the Money View loan app or on the website within a timeframe of 2 business hours.

1 Lakh Personal Loan - Related FAQs

Ans: Once your loan application has been processed, your loan amount will be disbursed to your account within 24 working hours. However, please note that there may be exceptions in certain circumstances.

Ans: No, you cannot avail personal loans from Money View without income proof.

Ans: While most banks and lenders require applicants to have a CIBIL score of 750 and above, Money View uses a unique algorithm to understand a borrower’s creditworthiness. Therefore even those with relatively low credit scores can avail personal loans from Money View. However, a minimum CIBIL score of 600 and above or a minimum Experian score of 650 and above is necessary.

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