Apply for a ₹1 Lakh Loan with Minimal Documentation
Need ₹1 Lakh urgently for a medical emergency, wedding, or home repair? To get a ₹1 Lakh personal loan instantly, apply via the Moneyview app using your PAN and bank statement. Interest rates start at 1.33% per month, all through a 100% paperless, digital process.
Impressive Loan Amount
Loan amount ranging from ₹5,000 up to ₹10 Lakh
Loans Without Collateral
No collateral or guarantor required
Rapid Processing
Receive your loan within 24 hours
Reasonable Interest Rates
Low interest rates starting at 14% p.a.
|
Feature |
Details |
|---|---|
|
Interest Rate |
Starting from 14% per annum |
|
Processing Fee |
Starting from 2% of the approved loan amount |
|
Disbursal Time |
Within 24 hours after approval |
|
Foreclosure Charges |
Nil, but foreclosure can be done only after a minimum number of EMIs have been paid, as illustrated below-
|
|
Penal Charges on Overdue EMI |
24% p.a. + Applicable taxes (if any) |
|
NACH Bounce |
₹500 each time |
You can check if you are eligible for a Moneyview loan in just two minutes by checking the eligibility criteria listed below -
You must be between 21 and 57 years old
Your monthly in-hand income should be ₹25,000/- or more
Income must be credited directly to your bank account
You should have a minimum CIBIL score of 650
A common shock for first-time borrowers is applying for ₹1,00,000 but seeing only ~₹95,000 hit their bank account. You aren't being cheated; it’s the standard way digital lending works in 2026.
Most lenders deduct the Processing Fee and Taxes upfront from the sanctioned amount. Instead of asking you to pay these fees out of your pocket during application, they are simply subtracted from your final "in-hand" amount.
To apply for a personal loan from Moneyview, you need only three documents: your identity, address, and income proof. The documents that you can submit under each category are listed here -
Confirm/enter your PAN number
Ensure that your mobile number is linked to your Aadhaar card for KYC verification
Provide a clear selfie taken in a well-lit area
Please note that the documentation requirements will vary based on your profile. We may require proof of address, a bank statement, and other supporting documents.
In case we require proof of address, any one of the following documents will suffice -
Aadhaar Card
Valid Indian Passport
Valid Voter ID
Valid Driver’s License
Utility Bills (Electricity, Water, Gas) dated within the last 60 days
* If we require income proof, you must furnish your bank statement for the last three months. This statement must also show your salary credits.
No Hidden Surprises on Moneyview
Loan Amount
Min ₹5,000
Max ₹6,000,000
Rate of Interest
Min 6%
Max 36%
Loan Tenure
5
months
Min 3 months
Max 72 months
Before you apply for any loan, it is a great idea to check your EMI. That way, you can plan your finances and pay the loan comfortably.
You can easily check your EMIs by using the Moneyview personal loan EMI calculator. Just input the necessary information, and voila! You’ll have the answer in seconds.
The following is a table describing how much your ₹1 Lakh personal loan EMI will be depending on the tenure you choose. For this example, let us assume that the rate of interest is 16% per annum.
|
Loan Amount |
Interest Rate (p.a.) |
Tenure (in months) |
EMI |
Total Interest Paid |
|---|---|---|---|---|
|
₹1,00,000 |
16% |
6 |
₹17,453 |
₹4,718 |
|
12 |
₹9,073 |
₹8,877 |
||
|
24 |
₹4,896 |
₹17,511 |
||
|
36 |
₹3,516 |
₹26,565 |
||
|
48 |
₹2,834 |
₹36,033 |
||
|
60 |
₹2,432 |
₹45,908 |
Note: The actual interest rate and EMI may vary based on your individual credit profile.
As you can see, with a longer tenure, your EMI decreases, but the total interest you pay increases. Thus, you need to take this into account while deciding the perfect tenure according to your requirements.Ramesh from Gorakhpur runs a successful local hardware shop and earns over ₹40,000 a month. However, 80% of his customers pay him via UPI (GPay/PhonePe). When Ramesh needed ₹1 Lakh for a sudden shop renovation, he was worried. How would he get a loan without salary slips?
Ramesh was able to get a loan through Moneyview, as partner lenders on Moneyview also offer loans to self-employed people. All he had to do was show his banking statements as proof of income to get a loan as per his eligibility.1
Step 1: Check Eligibility
Visit our website or app and enter your basic details. It takes just 2 minutes to check your eligibility.
2
Step 2: Select Your Plan
Choose your loan amount (₹1 Lakh) and the tenure that fits your budget.
3
Step 3: Upload Documents
Upload the required documents digitally.
4
Step 4: Get Money
Once verified, the loan agreement is signed digitally, and the money is sent to your bank within 24 hours.
Need Quick Cash?
Personal loans are versatile and easy to avail. While the amount offered varies from one lender to another, through Moneyview, you can get loans from ₹5,000 to ₹10 Lakh 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 Moneyview loan app or the website.If you take a ₹1 Lakh personal loan at an interest rate of 16% per annum for 2 years, your EMI will be ₹4,896. You can use our personal EMI calculator to find this out.
Getting a loan depends on a lot of factors, like your credit score, your income, and your employment status. If you meet the required criteria, you can easily get a loan of any amount.
You may be able to get a personal loan without income proof, depending on your eligibility. Your credit score also plays a role in determining if you qualify for a loan without income proof.
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Disclaimer
The starting interest rate depends on factors such as credit history, financial obligations, specific lender's criteria and Terms and conditions. Moneyview is a digital lending platform; all loans are evaluated and disbursed by our lending partners, who are registered as Non-Banking Financial Companies or Banks with the Reserve Bank of India.
This article is for informational purposes only and does not constitute financial or legal advice. Always consult with your financial advisor for specific guidance.
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