Is your salary low but need an urgent loan? You can avail hassle-free personal loans from Money View for salaries starting from just Rs. 13,500 per month.*
Even with a low salary, if you meet the eligibility criteria given below, you can easily avail a loan from Money View -
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 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|
Once you have found out if you’re eligible, you can follow the steps given below to avail a personal loan with low salary -
Select your loan plan
Choose the loan amount and repayment term of your choice depending on your eligibility
Provide necessary documents
Upload the required documents online easily and effortlessly
Avail loan instantly
After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours
Once you have submitted an application, you can track your application status on our app or website by following the steps below -
There are a number of lenders in the market today but none that offer unique features and benefits as Money View does. Given below are some of the advantages offered by Money View to all its customers -
Not only do the interest rates start at an attractive 1.33% per month, loans are also provided for those who have a relatively lower salary
Instant Loan Disbursal
Our most popular benefit- once your loan application is approved, the loan amount will be credited to your account within 24 hours
You don’t have to arrange for any guarantor or pledge any asset while applying for personal loans from Money View
Flexible Loan Amount
You can opt for a loan amount between Rs.5,000 and Rs.5,00,000 depending on your income and credit score.
Flexible Repayment Terms
You can choose a repayment term of upto 5 years
Because there’s no paperwork involved in the Money View loan application process, it’s hassle-free and quick
If you are worried that your low salary will prevent you from availing a personal loan, you do not have to worry anymore. You can avail Money View personal loans as long as your salary is above Rs.13,500 per month. Visit the Money View website or download the app and apply today.
Currently we only provide loans to those individuals who receive their salary via bank transfer – directly from their employer. We will not be able to give loans to applicants who get their salaries in cash.
Yes, you can. You do not need to provide security or collateral to avail Money View personal loans.
At Money View, we use a unique credit scoring model and therefore our credit score requirements are much lower than other lenders. As long as the applicant has a CIBIL score of 600 and above or Experian score of 650 and above, he/she is eligible to avail our personal loans.
Given below are the applicable fees and charges -
|Fees and 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|