Consumer durables are gadgets and devices that are designed to last for a long time and yield utility over time. Most of your household appliances will fall under this category. While these products are slightly expensive, availing a consumer durable loan from Money View will be advantageous.
Follow the steps given below to easily get a consumer durable personal loan from Money View -
Check your eligibility
Provide all the details required and we will let you know your eligibility in just 2 minutes
Select Your Loan Plan
Based on the options given, you will have to select the loan amount and repayment term of your choice
Provide Required documents
Easily upload all of the necessary documents online for verification
Instant Loan Disbursal
After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours
Given below is the eligibility criteria for a personal loan or consumer loan from Money View -
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 or CIBIL 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 |
24 Hour Disbursement
Your loan will be credited within a day after your loan application has been approved
Low Interest Rates
Our interest rates are affordable and start at just 1.33% per month
Flexible Loan Amount
Depending on your eligibility you can choose any loan amount of upto Rs. 5 lakhs
Flexible Repayment Term
Depending on your eligibility, choose repayment tenure of up to 60 months
Instant Eligibility Check
Before applying for the loan, applicants can visit the Money View website or download the app to check their eligibility which will only take 2 minutes
Loans for Low Credit Score Applicants
The minimum CIBIL score of 600 or Experian score of 650 is necessary
Completely Online
The entire process from application to disbursal is quick and hassle-free
No Collateral or Guarantor
There is no need for a guarantor or collateral for Money View personal loans
Consumer durables is a product that is made to last and produce benefits for a long time. The cost of the consumer durables can range anywhere between a few thousand to lakhs of rupees depending upon your preferences. Since these are not replaced very frequently, it makes sense to go in for a good quality one. You can purchase high-quality products with the Money View personal loan for consumer durables and not worry about the expenses. Visit the Money View website or download the app to apply now.
Some of the popular consumer durables are -
You can avail a personal loan from Money View to pay for your consumer durables with the following documents -
Identity Proof | Address Proof | Income Proof |
---|---|---|
PAN Card - This is the primary ID proof required. However, if it is rejected due to image quality issues or
other reasons, any 1 of the officially valid documents given below will suffice)
|
Any 1 of the following -
|
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 & 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 |
Loan Cancellation |
|