Get affordable loans at just 14% p.a. with repayment terms of up to 5 years
Getting a ₹5 Lakh personal loan through the Moneyview app is an easy process. Just check your eligibility in 2 minutes at interest rates starting from 14% p.a. Enjoy flexible tenures up to 60 months!
Flexible Loan Sum
Borrow from ₹5,000 to ₹10 Lakh maximum
Unsecured Loans
Applying for a personal loan through Moneyview doesn't require a guarantor or collateral
Quick Processing
After approval, the loan amount is transferred to your bank account within a day
Competitive Interest Rates
Take advantage of interest rates starting from just 14% p.a.
Taking a loan of ₹5 lakh is possible with Moneyview. Knowing the EMI you will have to pay will 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 a 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 ₹ |
Best Suited for |
|---|---|---|---|---|
|
Rs. 5 Lakhs |
16.5% |
12 |
45884 |
High earners |
|
24 |
24601 |
Stable professionals |
||
|
36 |
17708 |
Borrowers who want an affordable EMI as well as a decent tenure |
||
|
48 |
14299 |
Budget-conscious earners |
||
|
60 |
12292 |
Entry-level earners |
*Note: Interest rates may vary from one user to another based on credit score, income, age, etc.
To get an instant personal loan through Moneyview, you must meet the criteria for eligibility outlined below -
Applicant must be salaried or self-employed
They must receive a monthly in-hand income of ₹25,00 or more
This income should be received in a bank
A minimum CIBIL score of 650 is necessary
Borrowers must be aged between 21 years and 57 years
Meet Deepak from Muzaffarpur, who earns a steady monthly income of ₹38,000 working at a regional logistics company. When his sister’s wedding dates were finalized, the required advances for the venue, catering, and clothing totaled ₹5 Lakh. Deepak had ₹6 Lakh locked safely in a fixed deposit (FD), which he originally built as a critical medical emergency fund for his aging parents.
Breaking the FD early would mean losing out on years of accumulated compounding interest and leaving his family completely vulnerable to sudden health emergencies.
This financial dilemma is a common reality for thousands of young working professionals in India's growing towns. Thus, his best bet was taking a personal loan.
For a personal loan of ₹5 Lakh, the bare minimum documentation is as follows:
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.
Personal loans through Moneyview have competitive interest rates and have no hidden charges whatsoever. Our fees and charges are as follows -
|
Fees and Charges |
Amount Chargeable |
|---|---|
|
Interest Rate |
Starting from 14% per annum |
|
Loan Processing Charges |
Between 2% and 8% of the approved loan amount |
|
Penal charges on Overdue EMI |
24% per annum |
|
NACH Bounce |
Rs.500/- each time |
|
Loan Cancellation |
|
Finance Your Dreams with Personal Loans
Flexible Terms, No Hidden Fees, Easy Approvals
A ₹5 Lakh personal loan gives you the required financial leverage to execute your life plans seamlessly without compromising your family's financial security.
Loans through Moneyview are versatile and 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 to the Moneyview website or download the App and apply now!
Your monthly EMI is
per month for 5 months
Total Interest
₹1,004
Total Amount
₹51,004
Loan Amount
Min ₹5,000
Max ₹6,000,000
Rate of Interest
Min 6%
Max 36%
Loan Tenure
5
months
Min 3 months
Max 72 months
You can check your EMI using the Moneyview personal EMI calculator. Input your loan tenure, interest rate, and loan amount to check the precise EMI that you will be paying out of your pocket.
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Disclaimer
The starting interest rate depends on factors such as credit history, financial obligations, specific lender's criteria and Terms and conditions. Moneyview is a digital lending platform; all loans are evaluated and disbursed by our lending partners, who are registered as Non-Banking Financial Companies or Banks with the Reserve Bank of India.
This article is for informational purposes only and does not constitute financial or legal advice. Always consult with your financial advisor for specific guidance.
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