How to Get 12-Month Instant Loans

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.

What is A 12-month Loan?

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.

Features of 12 Month Instant Loans

12-month loans are relatively unique because of their features. Take a look at some of the salient ones below:

Benefits of 12-Month Instant Loans

12-month instant loans come with several incomparable benefits as listed below:

moneyview 12-Month Instant Loans

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.

Eligibility Criteria For moneyview 12-Month Instant Loans 

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 

Documents Required For moneyview 12-Month Instant Loans

At moneyview, we understand the importance of minimal documentation. We require only these key documents from you, as given below -

The documentation requirements will change depending on your profile as a borrower. moneyview may ask for proof of address, bank statement, and other supporting documents.

Fees And Charges For moneyview 12-Month Instant Loans

Every loan applicant wants to avail the most affordable loan. Our fees are -

Fees & Charges

Amount Chargeable

Interest Rate

Starting from 1.33% per month (16% Annually*)

Loan Processing Charges

Starting from 2% of the approved loan

Penal charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

Rs.500/- each time

Loan Cancellation

  • No additional/hidden charges levied

  • Processing fees will also be retained

How to Apply for Money View 12 Month Instant Loans


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.


Select Loan Tenure

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


Upload Documents

Upload all of the necessary documents online for verification


Amount Disbursed

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



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.

Money View 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 Money View 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 Money View website or download the app today.

Frequently Asked Questions (FAQs)

12-month loans come with a plethora of advantages such as no collateral or minimum credit score requirements, however, due to these benefits and shorter repayment tenure, the interest rate imposed is high. 

Therefore these loans must only be availed as a last resort and only if all other options have been exhausted. Additionally, if a borrower defaults on 12-month loan payments, his/her credit score will be affected significantly.

No, applicants should ensure that the amount they borrow is on the lower side and most importantly an amount that can be easily repaid with their monthly income. 

As 12 month instant loans do not require collateral, the rate of interest imposed is high. Therefore, in order to ensure that these loans are repaid on time with interest, borrowers must avail a smaller loan amount.

Yes. With moneyview, you can now get an instant 12-month loan that you can flexibly repay within a year.

Borrowers who satisfy the below conditions can apply for 12-month instant loans from moneyview.

  • Borrower should be aged between 21 years and 57 years
  • The applicant must be salaried or self-employed
  • They must receive a monthly in-hand income of ₹13,500 or more
  • Income should be received in a bank
  • A minimum CIBIL score and Experian score of 650 is necessary

If you are strapped for cash or need to improve your credit score, then a 12-month loan can be just what you need. You can avail the loan and repay the loan over one year.

If you are a self-employed individual who receives an income of Rs. 15,000 and above, then you are eligible for an instant personal loan from moneyview.

Applicants with low credit scores can apply for and avail a 12-month loan from moneyview easily. As long as your credit score is 650 & above, you can qualify for a moneyview loan.


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