3 Lakh Loan: Apply for 3 Lakh Rupees Personal Loan

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3 Lakh Personal Loan

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Benefits of Availing a Personal Loan from moneyview

Flexible Loan Amount

You can avail a loan of any amount, starting from Rs. 5,000 up to Rs. 5 lakh

Quick Disbursal

Get the loan amount within 24 hours of approval to your account

Collateral Free Loans

To apply for a personal loan through Money View, you don’t have to pledge any asset or arrange for a guarantor

Affordable Interest Rates

Highly competitive, low-interest rates starting at monthly charges of 1.33%

No Paper Work

No paperwork as all our processes are carried out online

Flexible Repayment

Enjoy flexible repayment plans of up to 5 years

Loans on Low Credit Score

The minimum score required is a CIBIL score of 600 or Experian score of 650.

Quick Eligibility Check

Your eligibility check takes just two minutes

Whether your home is being renovated or you have credit card bills or a medical emergency, a personal loan of Rs. 3 lakh from moneyview is the ideal option to finance these big ticket expenses.

Why Choose moneyview Personal Loans

moneyview short-term loans can help you finance your bigger bills and expenses. With moneyview, you can enjoy fast disbursements with flexible and convenient tenure of up to 60 months.

Also, there are only a handful of documents that you have to submit which makes the process of availing an instant Rs. 3 lakh personal loan quick & easy.

Eligibility Criteria for Rs. 3 Lakh Personal Loan

Check out our easy eligibility criteria given below -

Applicants will have to be between 21 years and 57 years
Applicants will have to receive a monthly income of Rs. 13,500 or more*
Applicant’s income has to be credited directly to the applicants’ bank account
Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

Given below is a city-wise breakdown of the income and credit score requirement -

Income and Credit Score Eligibility Criteria*
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 orCIBIL 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

Documents Required for a Rs. 3 Lakh Personal Loan

As mentioned previously, we only require a handful of documents. Check out the table to know more -

Identity Proof	Address Proof	Income Proof
PAN Card - This is the primary ID proof required. However, if rejected due to image quality issues or other reasons, any 1 of the officially valid documents given below will suffice) Aadhaar Card Valid Indian Passport Valid Voter ID Valid Driver’s License	Any 1 of the following - Aadhaar Card Valid Indian Passport Valid Voter ID Valid Driver’s License Utility Bills (Electricity, Water, Gas) dated within the last 60 days	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

Fees and Charges for a Rs. 3 Lakh Personal Loan

Money View’s personal loans come with competitive interest rates. Our fees and charges are as follows -

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

Rs. 3 Lakh Personal Loan EMI for Tenure of 1-5 Years

Have you wondered what your EMI could be? Once you know how much EMI you’ll have to pay, you can plan out your finances around it.

The good news is that it is possible to find this out easily. Visit the moneyview personal loan EMI calculator page and input the relevant details to find out your EMI within seconds.

For example, if you take a personal loan of Rs. 3,00,000 at 17.25% interest rate 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. 3,00,000	17.25%	12	Rs. 27,397
		24	Rs. 14,869
		36	Rs. 10,733
		48	Rs. 8,695
		60	Rs. 7,496

How to Avail Rs. 3 Lakh Personal Loan

Check Eligibility

Check your eligibility for a personal loan on the Money View website or loan app. It will take just 2 minutes.

Select Loan Tenure

Select the appropriate loan amount and payment term based on your eligibility from several options.

Upload Documents

Upload all the relevant documents such as ID, address, income proof, etc., and complete your KYC verification online.

Amount Disbursed

Get the loan amount transferred to your account within 24 hours of successful verification of your documents.

Conclusion

Getting a Rs. 3 lakh personal loan does not have to be complicated or overwhelming. All you need are three basic documents and two minutes. Visit the moneyview website or download the App and apply today.

3 Lakh Loan - Frequently Asked Questions (FAQs)

1. What will My Rs. 3 lakh personal loan EMI be?

The amount you pay as EMI will vary based on your credit score, your chosen repayment tenure, as well as your income. You can use our EMI calculator to get an estimate of how much your Rs. 3 lakh personal loan EMI will be.

2. How to Avail Rs. 3 Lakh Personal loan on your Aadhar card?

Ans: You are obliged to provide your Know Your Customer (KYC) documents if you plan to apply for a Rs. 3 lakh personal loan from moneyview as this is a government mandated requirement to prevent money laundering.

The verification process is also simpler today as this document contains biometric data. This is why you can also avail personal loans through your Aadhar card.

3. How can I track my moneyview application status?

Once you have submitted an application, you can track your application status on our app or website by following the steps below -

If you’ve applied on our website
- Go to the login section on the website by clicking here: /apply-loan/signup
- Login into your loan account with your registered email ID
- Go to the ‘Dashboard’ section of your loan account
- Scroll down to the ‘Application Status’ tab to know the status of your loan application
If you’ve applied on the moneyview app

Open the moneyview app

Register yourself with a valid email ID if you haven’t done it yet
Head over to the ‘Loans’ section
You will then be automatically redirected to the ‘Application Status’ screen where you can check your application details
If you have the moneyview Loans app, you’ll be directed to the ‘Application Status’ screen automatically as soon as you open it

4. I am self-employed. Can I still get a personal loan of Rs. 3 lakh?

Yes, we do lend to self-employed applicants. However, you must fulfill the eligibility criteria given below -

Your monthly in-hand income must be above Rs. 15,000 per month
Income must be credited to a bank account
You must be between 21 to 57 years old
You must have a CIBIL score of 600 and above or an Experian score of 650 and above