3 Sep 2025
12-month instant loans have grown in popularity among Indian borrowers in recent times. Besides the benefits and flexibility they offer, these loans are also unsecured, meaning the borrower is not required to submit any collateral to avail the loan.
In this article, we will look at the meaning of 12-month cash loans, the eligibility criteria, and where you can avail them with ease.
Attractive Loan Amount
Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility
Collateral Free Loans
You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor
Fast Disbursal
The loan amount is disbursed to your bank account within 24 hours of approval
Affordable Interest Rates
Interest rates starting from just 14% per annum
12-month instant loans, also known as 1-year loans, 12-month cash loans, or 12-month installment loans are personal loans that come with a maximum repayment tenure of 12 months i.e. 1 year.
These short-term loans are provided to individuals as long as they have a steady source of income. This loan's biggest advantage and the factor contributing to its popularity is that even those with relatively low credit scores can avail them.
12-month loans are relatively unique because of their features. Take a look at some of the salient ones below:
As the name suggests, these loans come with a repayment term of 12 months. Generally, loan repayment tenures can range between months to years but since the term here is shorter, the rate of interest imposed is high
These short-term loans are disbursed to individuals with a steady source of income, both salaried and self-employed
Most 1-year loans can be availed online and the application process is simple and hassle-free
While most loans are disbursed to individuals who have a very high credit score, 12-month instant loans are also available for borrowers with average or low credit scores depending on the lender’s terms and conditions
12-month instant loans come with several incomparable benefits as listed below:
Unlike most other loans, 12-month instant loans or 1-year loans do not require collateral making them highly sought after
Depending on the lender, even those with relatively low credit scores can apply for and receive these loans
Imagine receiving a loan within just a day of applying for it. The disbursal process for 1-year loans is extremely quick
As they are similar to personal loans, 12-month instant loans can be used for a multitude of purposes such as paying bills, emergency expenses, or even for a vacation without having to justify the same with additional documents
Loan Amount
Min ₹10
Max ₹25,000
Rate of Interest
Min 5%
Max 25%
Loan Tenure
Min 3 months
Max 72 months
One of the most renowned personal loan providers in the country, Moneyview, offers instant loans that are disbursed to your account within 24 hours of application approval. Additionally, the repayment terms are flexible and can run up to 5 years or 60 months.
Moneyview employs a unique in-house credit rating model that allows those with low credit scores to avail loans easily. As long as your credit score, CIBIL or Experian, is 650 & above, you can apply for an instant loan from Moneyview. 1-year loans for bad credit are now a reality thanks to Moneyview.
Additionally, the application process is extremely simple and our documentation requirements are minimal.
All you need to do is fulfill the eligibility criteria, submit the documents required, and that’s it! The loan amount will be credited to your account.
To get a 12-month personal loan from Moneyview, you must first be eligible to apply. Once you fulfill the eligibility criteria, the process becomes easier and quicker. The eligibility requirements for Moneyview 12-month instant loans are
The borrower should be between 21 and 57 years of age
They must earn a minimum of ₹25,000 or more monthly
Income must be credited directly to their bank account
They must have a minimum CIBIL score of 650
At Moneyview, we understand the importance of minimal documentation. We require only these key documents from you, as given below -
Your PAN number
Your mobile number will have to be linked to your Aadhaar card for KYC verification
You must also enable the auto-debit facility on your bank account in order to permit automatic withdrawals from your account. Use a debit card, net banking, or a NACH form to finish this quick procedure.
The auto-debit facility will enable you to pay your EMIs automatically each month, eliminating the need for manual intervention.
Every loan applicant wants to avail the most affordable loan. Our fees are -
|
Fees and Charges |
Amount Chargeable |
|---|---|
|
Interest Rate |
Starting from 14% per annum |
|
Loan Processing Charges |
Starting from 2% of the approved loan amount |
|
Penal Charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
|
NACH Bounce |
₹500/- each time |
1
Assess Your Eligibility
Quickly check if you are eligible on the Moneyview platform in only 2 minutes!
2
Pick Your Repayment Duration
Select the desired loan sum and repayment period from the options provided.
3
Share Your Documents Online
Share only essential documents for profile verification, easily uploading them digitally.
4
Funds Disbursed
Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!
Need Quick Cash?
1-year loans for bad credit are perfect for those looking to avail a relatively smaller loan to pay off certain expenses. As these loans are disbursed quickly and can be availed online, they can be extremely useful if utilized well.
The EMI to be paid is also directly debited from the individual’s monthly salary making this not just an easy-to-avail loan but also one that is hassle-free to repay.
Moneyview provides loans of up to Rs. 10 lakhs through an application process that is entirely paperless while adhering to all safety and security norms.
The best part is that Moneyview processes applications through a unique algorithm that is not entirely dependent on credit scores, ensuring that even those with lower credit scores can avail a loan easily and effortlessly. To apply for an instant loan, visit the Moneyview website or download the app today.
Loan Related Articles
Personal Loan by Income and Purpose
Personal Loan Types and Comparisons
CIBIL Score Check and Boost Guide
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