Apply for 10000 Rupees Loan

10000 Rupees Personal Loan

Need 10000 Rupees Loan Urgently

Get Instant Loans of up to ₹10 Lakh Within Minutes

When financial emergencies hit us, Rs.10,000 can be of great help. However, availing of a loan can be a complex process and involves a lot of paperwork. Moneyview has simplified the loan application process, making it entirely digital with minimal documentation and instant loan amount disbursals. 

To know how to get an instant Rs.10,000 loan, read on!

Rs.10,000 Instant Loan through Moneyview

One of the leading loan providers in the country, Moneyview facilitates personal loan offers ranging from Rs.5,000 to Rs.10 Lakh with flexible repayment options of up to 60 months.

Applicants who meet the eligibility criteria can avail instant loans of Rs.10,000 easily through a hassle-free application process.

Get Funds in Your Account in Minutes

Collateral Free Personal Loans up to ₹10 Lakh

Personal Loan

Eligibility Criteria for Rs.10,000 Instant Loan

Moneyview’s partner lenders have simple eligibility criteria to ensure accessibility for all its borrowers. Given below are the eligibility criteria for an instant Rs.10,000 loan -

  • Applicants must be aged between 21 - 57 years

  • They should be either salaried or self-employed receiving at least a monthly income of Rs.25,000

  • This income should be received directly in their bank account

  • A minimum CIBIL score of 650 is necessary

Documents Required for Instant Rs.10,000 Loan

Below are our partner lenders’ minimal documentation requirements for a personal loan of Rs.10,000. All you need to do is -

  • Confirm or enter your PAN number

  • Make sure your mobile number is linked to your Aadhaar card for KYC verification

  • Provide a clear selfie taken in a well-lit area

Please keep in mind that documentation requirements differ depending on your profile. Our lending partners may want proof of address, a bank statement, and other supporting documents.

If our lending partners require proof of address, any 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

In case our partner lenders need your income proof, you must provide your bank statement for the last three months. This statement must also show your salary credits.

Fees and Charges for Rs.10,000 Instant Loan

Loans offered by Moneyview’s lending partners come with reasonable  interest rates. For a Rs.10,000 loan, the interest rates and other fees are as mentioned below -

Fees and Charges Amount Chargeable

Interest Rate

Starting from 14% per annum

Loan Processing Charges

Starts from 2% of the approved loan amount

Penal Charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

Rs.500/- each time

Loan Cancellation

You can cancel your loan anytime before the disbursal. However, if you wish to cancel the loan after the amount has been credited to your account, you can do so within the cool-off period of 3 days from the date of disbursement. 

What is the Purpose of a Rs.10,000 Personal Loans?

Personal loans offered through the Moneyview digital lending platform are hassle-free every step of the way. There is no restriction on the end use of the loans, so you can use the amount as you see fit. It can be used for a variety of purposes, such as -

Education

A Rs.10,000 loan can easily aid you in pursuing a new skill or give you a financial push for your existing courses

Medical Emergencies

Medical emergencies need instant money. This is where a Rs.10,000 personal loan can be a lifesaver. Moreover, Moneyview's lending partners offer instant loans, so you can take care of your loved ones while we take care of your medical bills. 

Gadgets and Electronics

Want to purchase your favorite electronic device but short on funds? With a personal loan of Rs.10,000 from Moneyview, you can finally bring home that electronic you have long wished to buy. 

Wedding

While Rs.10,000 may not be enough to fund your entire wedding, you can use the Rs.10,000 instant loan to pay for your outfits, decorations, or invitations.

Travel

Planning a much-needed quick getaway this weekend? Take a loan of Rs.10,000 from Moneyview to bring life to your travel dreams. 

Pay Bills

Sometimes a month's salary is insufficient to cover all expenses. You can simply obtain an instant Rs.10,000 personal loan from Moneyview and cover all of your needs. 

Repairs

A Rs.10,000 personal loan is the ideal solution for appliances that require regular repairs. Get your appliances working with loans from our digital lending platform and repay it conveniently in monthly installments.

Personal Loan Based on Your Budget

Depending on your salary, needs, and eligibility, you can also opt for other personal loans.

Personal Loan Based on Your Purpose

Personal Loan Calculator for Rs. 10,000

Your monthly EMI is

10,201

per month for 5 months

Total Interest

1,004

Total Amount

51,004

Loan Amount

Min ₹10

Max ₹25,000

Rate of Interest

%

Min 5%

Max 25%

Loan Tenure

Min 3 months

Max 72 months

What is the EMI for a Personal Loan of Rs.10,000?

EMIs should not increase the stress of your monthly expenses. Our lending partners' low interest rates and flexible repayment terms provide an affordable EMI. 

Moneyview personal loan EMI calculator makes it easier to determine how much of your salary goes toward your monthly loan EMI.  

Let us say you took a personal loan of Rs.10,000 at an interest rate of 14% per annum. Here is what your EMI could look like for different repayment terms -

Loan Amount Interest Rate (p.a.) Tenure (in months) EMI in Rs.

Rs.10,000

14%

3

3,411

6

1,735

12

898

24

480

36

342

48

273

60

233

Amortization Table for a Rs.10,000 Personal Loan

Amortization refers to paying regular installments over a period to clear your loan. Each payment includes the interest and principal amount, which helps lower the outstanding balance. 

An amortization schedule or table shows each payment, detailing how much goes toward interest and how much reduces the principal. Let's look at the example of a Rs.10,000 loan for a tenure of 12 months at an interest rate of 14% - 

Payment Month EMI (Interest + Principal) Interest Principal Balance

0

 

 

 

Rs.10,000

1st Month

Rs.897.87

Rs.116.67

Rs.781.20

Rs.9,218.80

2nd Month

Rs.897.87

Rs.107.55

Rs.790.32

Rs.8,428.48

3rd Month

Rs.897.87

Rs.98.33

Rs.799.54

Rs.7,628.94

4th Month

Rs.897.87

Rs.89.00

Rs.808.87

Rs.6,820.07

5th Month

Rs.897.87

Rs.79.57

Rs.818.30

Rs.6,001.77

6th Month

Rs.897.87

Rs.70.02

Rs.827.85

Rs.5,173.92

7th Month

Rs.897.87

Rs.60.36

Rs.837.51

Rs.4,336.41

8th Month

Rs.897.87

Rs.50.59

Rs.847.28

Rs.3,489.13

9th Month

Rs.897.87

Rs.40.71

Rs.857.16

Rs.2,631.96

10th Month

Rs.897.87

Rs.30.71

Rs.867.16

Rs.1,764.80

11th Month

Rs.897.87

Rs.20.59

Rs.877.28

Rs.887.52

12th Month

Rs.897.87

Rs.10.35

Rs.887.52

Rs.0

How to Apply for an Instant Rs.10,000 Loan

Need an instant personal loan of Rs.10,000? Follow these simple steps.

  • 1

    Check Eligibility

    You can check your eligibility on the Moneyview website or app in just 2 minutes!

  • 2

    Select Loan Tenure

    Choose the loan amount and repayment period from the options provided to you as per your eligibility.

  • 3

    Upload Documents

    We ask for minimal documents to verify your profile. You can upload your documents online without any hassle.

  • 4

    Amount Disbursed

    Once the application is verified and the loan agreement is signed, the loan amount will be directly credited to your bank account within 24 hours!

Note: You will also need to allow auto-debit from your bank account. This is a short process that allows you to utilize a debit card, net banking, or NACH form. The auto-debit function enables you to pay your EMIs automatically every month without the need for your involvement.Please make sure that the documents provided above are officially valid at the time you submit your loan application. If you can complete the oKYC process during your application flow, the document requirements will be minimal.

Personal Loan of Rs.10,000 - Related FAQs

Moneyview’s partner lenders use a unique algorithm to deduce an applicant’s creditworthiness. Through Moneyview, you can get a personal loan with a CIBIL score of 650.
If you have applied for a loan through the Moneyview app, you can track the status of your application after logging in. If you have applied through the website, you can log into your loan account using your registered email ID. Then, go to the ‘Dashboard’ section of your loan account and scroll down to the ‘Application Status’ tab to know the status of your loan application.
You can use personal loans from Moneyview for a variety of purposes such as emergency expenses, dream vacations, debt consolidation, or to repay credit card dues. As the funds from a personal loan are versatile, you can also use it for business ventures, down payment of other loans, or to fund your education.
You can get a loan with even a low credit score through the Moneyview app from our partner lenders. You need a minimum CIBIL score of 650 to avail of a Rs.10,000 loan.
You can easily get an instant personal loan of Rs.10,000 from Moneyview. You can get the funds within 24 hours of submitting your loan agreement through the Moneyview digital lending platform. Click here to visit the Moneyview website or download the loan app to apply for a loan.

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