Features and Benefits of Personal Loan


Flexible Loan Amount

Based on the eligibility factors you can choose a loan amount of upto Rs. 10 lakhs.


Disbursal in Minutes

Once approved, your loan amount will be credited to your account within minutes.


Collateral Free Loans

You don’t have to arrange for any guarantor or pledge any asset while applying for personal loans from Money View


Affordable Interest Rates

We understand how important interest rates are as they determine the EMI amount to be paid. At Money View, the interest rate starts at just 1.33% per month



Imagine checking for your eligibity within just 2 minutes! This is possible if you are applying for a personal loan MoneyView.


Flexible Repayment Term

Applicants can choose flexible repayment tenure of up to 5 years.


Completely Paperless

All we require are your ID proof, address proof, and income proof.


Quick Eligibility Check

Find out your eligibility within just 2 minutes from the Money view website or loan app.

A personal loan can be of immense help during financial emergencies. While there are a number of lenders in the market today, getting a personal loan without a hassle-free application process or minimal documentation is quite rare, but thankfully not impossible!

moneyview - The Best Option for Personal Loans

moneyview loans are highly sought after and there are plenty of reasons for this. Right from instant disbursal to minimal documentation to easy application process, our loans are second to none. Continue reading to know how you can get a loan of up to Rs. 10 lakh from moneyview from the comfort of your home.

Eligibility Criteria for Rs. 5 Lakh Personal Loan

In order to avail an instant personal loan from moneyview, you will have to fulfill the eligibility criteria given below -

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 /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 /Experian Score of 650 and above
Rs 15,000 Metro City other than Mumbai and NCR CIBIL Score /Experian Score of 650 and above
Self-Employed Individuals Rs. 15,000 Any CIBIL Score /Experian Score of 650 and above

Documents Required for Rs. 5 Lakh Personal Loan

In order to get a Rs. 5 lakh loan from moneyview, you need only 3 key documents, as listed below -

  • ID Proof
    An original identity proof that is government issued and clearly displays the date of birth is allowed. The preferred document is your PAN card, however, if you are unable to furnish that, we will accept valid Voter ID, Aadhaar Card, Driver’s License, etc.

  • Address Proof
    An original document that has been issued by the Government of India that displays the current address of the applicant can be submitted. 

    • These include an Aadhaar card, Utility bills such as electricity, telephone, etc., Ration Card, Voter ID, Bank Statement, etc. 

    • Applicants must note that utility bills and bank statements are only accepted if they have been generated within the past 60 days.

Income Proof
For salaried individuals, the previous three months’ salary slips that showcase important details such as the name of the employer or the past three months’ bank statements in PDF format showing salary credits for self-employed applicants are valid.

Fees and Charges for Rs. 5 Lakh Personal Loan

Money View’s personal loans come with competitive interest rates and have no hidden charges whatsoever. 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
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
  • The interest amount for the period between loan disbursement and loan cancellation will be payable.
  • Processing fees will also be retained

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

Taking a loan of Rs. 5 lakh is possible with moneyview. Knowing the EMI you will have to pay will definitely help you when it comes to planning your finances for each month.

The moneyview personal loan EMI calculator makes it incredibly easy for you to find out your EMI within seconds. All you need to do is provide the necessary details.

For example, if you took a personal loan of Rs. 5,00,000 at 16.5% 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. 5,00,000



Rs. 45,484


Rs. 24,601


Rs. 17,708


Rs. 14,299


Rs. 12,292

*Note: Interest rates may vary from one user to another based on credit score, income, age, etc.

Check Other Personal Loan Options Based on Your Budget

Steps to Get Rs. 5 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 minutes of successful verification of your documents.



Availing a Rs. 5 lakh personal loan does not have to be complicated. With Money View you can avail a versatile personal loan that can be used for multiple purposes very easily. Not only are the documentation requirements minimal, the application process is quick and hassle-free. Log on the Money View website or download the App and apply now!

5 Lakh Personal Loan - Related FAQs

At Money View, we use an in-house credit rating model to assess our applicant’s credit worthiness. As long as your CIBIL score is over 650, you can avail personal loans from us.

Given below are the factors that impact Money View's interest rates -

  • Credit Score Your credit score is a numerical representation of your creditworthiness. The higher the credit score, the lower is the risk of defaulting for the lender therefore interest rates are on the lower side.
  • Repayment History Having a flawless repayment history will help you get personal loans at low-interest rates as this shows the lender that you are capable of repaying your debts on time
  • Employment Type Having a steady secured job will reduce the risk of defaulting on loans as salary is credited regularly and therefore those with secure jobs can generally avail of personal loans at lower rates of interest
  • Income Having a good income every month is essential but if you have taken multiple loans that need to be paid from that income, then the risk of default is high, therefore the interest rate charged in this case will be on the higher side

Some of the reasons for which you can avail a personal loan from Money View are -

  • To buy household gadgets like fridge, washing machine, etc
  • To pay down-payment for another loan
  • To clear credit card dues
  • For house renovation expenses
  • Pay fee for college/school education
  • To pay for a vacation
  • To pay for the repair/breakdown of your vehicle
  • To meet wedding expenses 
  • To meet expenses towards relocation


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