Rs. 20,000 Loan

Rs. 20,000 Personal Loan

A personal loan is an unsecured debt that can be borrowed for emergencies, education, house renovation, or other big purchases. Personal loans are unsecured because no collateral is necessary and are also easy to avail.

If you need a Rs. 20,000 personal loan, you are at the right place. You can get a personal loan of Rs. 20,000 easily through Moneyview with minimal documentation and flexible payment plans.

Top Features and Benefits of Personal Loans through Moneyview

Loan Amount

Attractive Loan Amount

Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility

Collateral Free Loans

Collateral Free Loans

You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor

fats disbursal

Fast Disbursal

The loan amount is disbursed to your bank account within 24 hours of approval

interest rates

Affordable Interest Rates

Interest rates starting from just 14% per annum

Need Urgent Funds?

Flexible Terms, No Hidden Fees, Easy Approvals

5000 Loan

Eligibility Criteria for an Instant ₹20,000 Loan

Our lending partners' simple eligibility criteria for borrowers to get an emergency loan of ₹20,000 are as follows -

  • The borrower should be between 21 and 57 years of age 

  • They must earn a minimum of ₹25,000 or more monthly 

  • Income must be credited directly to their bank account

  • They must have a minimum CIBIL score of 650

Documents Required for Instant ₹20,000 Loan

For a personal loan of ₹20,000, 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.

Fees and Charges for ₹20,000 Instant Loan

Our lending partners provide some of the market's most fair and affordable interest rates. The fees for ₹20,000 personal loans are -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 14% 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

₹500/- each time

EMI Calculator for Rs.20,000 Loan

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

How to Apply for An Instant Rs. 20,000 Loan in Minutes?

  • 1

    Assess Your Eligibility

    Quickly check if you are eligible on the Moneyview platform in only 2 minutes!

  • 2

    Pick Your Repayment Duration

    Select the desired loan sum and repayment period from the options provided.

  • 3

    Share Your Documents Online

    Share only essential documents for profile verification, easily uploading them digitally.

  • 4

    Funds Disbursed

    Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!

Personal Loan Based on Your Budget

Personal Loan Based on Your Purpose

Personal Loan in Your City

Need Quick Cash?

FAQs on Rs. 20,000 Personal Loan

Go to the Moneyview Website to apply for a personal loan of Rs. 20000. You can also apply from the mobile app.
The amount you receive is for your personal use, so you can spend it however you see fit. Our quick personal loans are useful for a variety of expenses including medical emergencies, weddings, education, and travel, among others.
You must submit proof of identity (Aadhaar or PAN card) and current proof of address. Additionally, salaried persons must submit bank statements for the last 3 months and self-employed persons must submit income tax return verification forms for the last 2 years.
The EMI charges are subject to your payment plan. The interest rate on personal loans begins at 14% per annum. 

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