Do you need a 1 lakh rupees loan urgently? You’ve come to the right place. Money View provides Rs. 1 lakh personal loans within 24 hours of application approval. Read to know more.
You can easily get a loan of 1 lakh from Money view by fulfilling the eligibility criteria given below -
Income and Credit Score Eligibility Criteria* | |||
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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 |
For a Rs. 1 lakh personal loan from Money View, we only need three documents as given below -
Identity Proof | Address Proof | Income Proof |
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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)
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Any 1 of the following -
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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 |
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 |
Loan Cancellation |
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If you have fulfilled our eligibility criteria and have the required documents, you can start applying by following the steps below -
Check your eligibility
Visit the Money View website or loan app. Provide the required details and we will let you know your eligibility in 2 minutes.
Choose your loan plan
Based on the options provided, select the loan amount and repayment term of your choice
Upload required documents
Upload all of the necessary documents online for verification
Loan transfer to your bank account
Post verification and submission of loan agreement, the loan amount will be credited to your account within 24 hours
Note -
There are a number of lenders in the market but what sets Money View apart? Take a look below -
Flexible Loan Amount and Repayment Tenure
Money View offers personal loans of up to Rs. 5 lakhs and a repayment term of upto 60 months. So you can opt for what suits your requirements the best
Low Interest Rates
We understand how important affordable personal loans are. Therefore, Money View interest rates start at 1.33% p.m.
24 Hour Loan Disbursal
Our personal loan is disbursed to your bank account within 24 business hours after the approval.
Hassle-free Online Process
You can apply for a personal loan from Money View at any time from anywhere. No more travelling to a bank and waiting for days
Available Even For Applicants with Low-Credit Scores
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
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.
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.
No, you cannot avail personal loans from Money View without income proof.
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.
Yes, you can foreclose your Money View personal loan but only after paying a minimum of 6 EMIs -
Fees & Charges | Amount Chargeable |
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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 |
Loan Cancellation |
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