Are you looking for Rs. 1 lakh personal loan? Are you wondering from whom to borrow and how long will it take if you directly borrow from a bank? Now, you can bid all such worries and more, as we, at Money View, will help you channel your way out of this situation. What’s more, your loan will be disbursed within 24 hours of its approval with a completely paperless application.

How To Apply For An Instant Rs.1 Lakh Personal Loan?

To get Rs.1 lakh personal loan from Money View, please follow the steps mentioned below:

Eligibility Check: Go to the Money View website or download the Money View Loans App and do the eligibility check in just 2 minutes.

Loan Amount and Repayment Schedule: After you complete the previous step, you will be able to find out the amount for which you are eligible. It starts from Rs. 10,000 to Rs. 5 lakh. You can even select a repayment tenure. This tenure is flexible and can last up to 60 months.

Documentation: Once you are aware of your loan amount and repayment schedule, you can go ahead and start your application process by providing your ID proof, address proof, and income proof. You won’t have to visit any center to submit these documents. You can do so online from the comforts of your couch.

Verification and Disbursal: Now sit back and relax. Your application will be verified, and after it is approved, your loan amount of Rs. 1 lakh will be credited to your bank account within 24 hours.

Thanks to Money View, you can go ahead and complete the task for which you took the loan. The entire process is transparent, safe, and secure, and, so, you won’t have to worry about it. Also, both the app and the website have been designed to ensure easy usage. So, you can navigate through either or both and enjoy a good user experience.

Eligibility criteria for Money View Personal Loans

Check out the eligibility criteria to get Rs. 1 lakh personal loan from Money View:

  • You must be salaried or self-employed
  • You must receive a monthly income of Rs. 13,500 or more
  • The monthly income must get credited to your bank account
  • You must fall in the age group of 21 years to 57 years
  • Your CIBIL score should be 650 and above
  • Your Experian score should be 750 or above

1 Lakh Rupees Personal Loan - FAQs

  1. What is the minimum credit score requirement for Money View personal loans?
    If you want to apply for a personal loan through Money View, then you must have a CIBIL score of 650 or above and an Experian score of 750 and above.
  2. I want a 1 lakh rupees loan urgently. What documents do I need for this loan from Money View?
    To get a 100000 loan from Money View, you will need to submit the following documents:
    Proof Category Documents
    ID Proof (Any one of the following) Aadhaar Card, PAN Card
    Address Proof (Any one of the following) Aadhaar Card, Your Current Address
    Income Proof (for salaried) Last 3 months’ bank statement with salary credits
    Income Proof (for self-employed) Income Tax Return Verification Form (last 2 years)
  3. What are the fees and charges applicable for Rs.1 lakh personal loans from Money View?
    You can check the applicable fees and charges below:
    Fees & Charge Amount
    Interest Rate Starts at 1.33% per month
    Loan Processing Charge Starts at 2% of the approved loan amount
    Loan Foreclosure
    • Part payments are not allowed
    • Complete prepayment or foreclosure is allowed after the payment of 6 EMIs
    Interest on EMIs that are overdue 2% interest will be charged per month on the EMI loan amount that is overdue
    Cheque Bounce Rs 500 will be charged every time your cheque bounces
  4. Is it safe to share my KYC documents with Money View?
    According to RBI guidelines, it is mandatory to submit KYC details to get a loan. Money View encrypts data using SSL protocol, so rest assured that your details are safe with us.