Access Budget-Friendly Loans With Customizable Repayment Plans
Whether to manage unexpected expenses or to give themselves a financial boost, almost everyone needs a loan at some point. With Moneyview’s digital lending app, getting that quick financial support is now easier than ever.
Looking for an instant Rs.5,000 loan? Here’s how!
If you are searching for ‘I need 5000 rupees loan urgently’ or ‘5000 loan on Aadhar card’, you are at the right place. Through Moneyview, you can get a Rs.5,000 loan instantly.
Our partner lenders offer affordable loans through a hassle-free application process. You won’t need to submit multiple documents and it is almost like getting a 5000 loan on Aadhaar card. This means, that our partner lenders' documentation requirements are incredibly minimal!
Our lending partners' simple eligibility criteria for borrowers to get an emergency loan of Rs. 5000 are as follows.
The borrower should be between 21 years and 57 years
He/she must earn a minimum of Rs. 25,000 or more monthly
Income must be credited directly to their bank account
To qualify for a personal loan through Moneyview, the applicant must possess a minimum CIBIL score of 650
For a personal loan of Rs. 5,000, 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.
You can easily apply for a personal loan from Moneyview for Rs. 5,000 if you meet the eligibility criteria listed below.
Given below is a city-wise breakdown of the income and credit score requirements -
Income Must be Credited Directly to Your Bank Account | |||
---|---|---|---|
Salaried Individuals |
Minimum In-Hand Income |
Area of Residence |
CIBIL Credit Score Requirement |
Rs 25,000 |
Any |
CIBIL Score of 650 and above |
|
Self-Employed Individuals |
Rs. 25,000 |
Any |
CIBIL Score of 650 and above |
You can find out the amount you are eligible for in just two minutes on the Moneyview website or digital lending app
You can choose any loan amount, from Rs. 5000 to Rs. 10 Lakh, and the repayment term that best suits your needs based on your eligibility
Since Moneyview’s application process is entirely digital, you can easily upload all the necessary documents for a quick verification
As soon as the loan agreement is submitted and the documents are verified, your loan amount will be transferred directly to your bank account within 24 hours.
Our lending partners provide some of the market's most fair and affordable interest rates. The fees for Rs. 5,000 personal loans are -
Fees and Charges | Amount Chargeable |
---|---|
Interest Rate |
Starting from 16% per annum |
Loan Processing Charges |
Starting 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 |
You might be typing things like ‘I want 5000 rupees loan’ or ‘ I need 5000 rupees loan urgently’ and we understand your emergency. But it is essential to know the EMI beforehand as it will help you manage your finances better.
All you need to do is use the Moneyview personal loan EMI calculator and find out your EMI in seconds.
For example, if you took a personal loan of Rs. 5,000 at a 17% 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. 5,000 |
17% |
12 |
456 |
24 |
247 |
||
36 |
178 |
||
48 |
144 |
||
60 |
124 |
Loan amortization is the process of paying off a debt in fixed payments over a specific period of time. Each payment will have two components: interest and principal.
An amortization schedule shows all the payments to be made over the life of the loan. It shows how much goes towards reducing the principal and how much towards the interest.
So, if you take a personal loan of Rs.5,000 at a 17% interest rate per annum, this will be the loan amortization schedule.
Month | A (Interest) | B (Principal) | EMI = A+B | Balance |
---|---|---|---|---|
January |
Rs.70.83 |
Rs.385.19 |
Rs.456.02 |
Rs.4,614.81 |
February |
Rs.65.38 |
Rs.390.65 |
Rs.456.02 |
Rs.4,224.16 |
March |
Rs.59.84 |
Rs.396.18 |
Rs.456.02 |
Rs.3,827.98 |
April |
Rs.54.23 |
Rs.401.79 |
Rs.456.02 |
Rs.3,426.19 |
May |
Rs.48.54 |
Rs.407.49 |
Rs.456.02 |
Rs.3,018.70 |
June |
Rs.42.76 |
Rs.413.26 |
Rs.456.02 |
Rs.2,605.44 |
July |
Rs.36.91 |
Rs.419.11 |
Rs.456.02 |
Rs.2,186.33 |
August |
Rs.30.97 |
Rs.425.05 |
Rs.456.02 |
Rs.1,761.28 |
September |
Rs.24.95 |
Rs.431.07 |
Rs.456.02 |
Rs.1,330.21 |
October |
Rs.18.84 |
Rs.437.18 |
Rs.456.02 |
Rs.893.03 |
November |
Rs.12.65 |
Rs.443.37 |
Rs.456.02 |
Rs.449.65 |
December |
Rs.6.37 |
Rs.449.65 |
Rs.456.02 |
Rs.0.00 |
Instant Rs. 5000 loans are collateral-free and there is no restriction on the end use. So, the borrower is free to use the loan as they see fit.
A Rs. 5000 loan can be used for a variety of purposes, such as -
An emergency loan of Rs. 5000 can help you quickly pay off your credit card dues and prevent you from racking up interest rates.
While an Rs. 5,000 instant loan may not be enough for a world tour, it can definitely help you realize your wanderlust dreams to a large extent.
Whether it is a small stent loan of Rs. 5000 or a large loan of Rs. 10 Lakh, Moneyview is here to help you when life throws you a curveball in the form of medical emergencies.
Shopping without any funds in the bank account is no fun. Whether it is to buy your favorite dress or surprise your mom with a new saree, take a small Rs. 5000 from Moneyview and shop to your heart’s content!
There are several ways to improve your skills and add another certification to your resume. Taking courses online is one of them. An emergency loan of Rs. 5,000 from Moneyview is the perfect solution to fund your dreams!
Did you know that one of the best ways to increase your credit score is to get a loan and repay it on time? An Rs. 5,000 personal loan from us is perfect for this purpose as the EMIs will also be relatively affordable.
Loan Amount
Min ₹10
Max ₹25,000
Rate of Interest
Min 5%
Max 25%
Loan Tenure
Min 3 months
Max 72 months
Need Quick Cash?
An instant personal loan is the best way to manage a financial emergency as there is no restriction on the end use. You can use the funds from your instant 5000 loan as you see fit.
So, if you were searching for ‘I want 5000 rupees loan’, Moneyview can help you with instant personal loans from their lending partners.
You can check your eligibility in 2 minutes by visiting our website or downloading the digital lending app.
I need a 5000 Rupees loan urgently. How long does it take for loans to get disbursed on the Moneyview digital lending app?
How can I track my Rs. 5,000 loan application status on Moneyview?
Can I get a Rs. 5,000 loan if my CIBIL score is low?
What credit score do I need for a Rs. 5,000 loan?
Where can I get a loan of ₹5,000 ?
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