Private Finance Loan, Personal Loan from Private Finance

Top Features and Benefits of Personal Loan

Flexible Loan Amount

Based on your eligibility you can choose a loan amount of upto Rs. 5 lakhs

Quick 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

Collateral Free Loans

To apply for a personal loan through Money View, you don’t have to pledge any asset or arrange for a guarantor

Affordable Interest Rates

We understand how important interest rates are as they determine the EMI amount to be paid. At Money View, the interest rate starts at just 1.33% per month

Completely Paperless

Three documents - ID proof, address proof, and income proof are all that we need

Flexible Repayment Term

Applicants can choose flexible repayment tenure of up to 60 months

Loans on Low Credit Score

Due to our in-house credit model, even with low credit scores you can get a loan*

24 Hour Disbursal

After your loan application is approved, your loan amount will be credited to your bank account within 24 hours

Loan Eligibility Criteria from Money View Private Financiers

If you are looking for a personal loan from top private finance companies such as Money View, you will need to fulfill the eligibility criteria given below -

Applicants must be between 21 years and 57 years

Applicants must receive an income of Rs. 13,500 or more^*

Income must be credited directly to the applicants’ bank account

Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

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 20000	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 15000	Metro City other than Mumbai and NCR	CIBIL Score of 600 /Experian Score of 650 and above
Self-Employed Individuals	Rs 15000	Any	CIBIL Score of 600 /Experian Score of 650 and above

Documents Required for Personal Loan from Private Financiers

At Money View, we understand the importance of a hassle-free and minimal documentation process. We require only 3 key documents from you, as listed below -

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) Aadhaar Card Valid Indian Passport Valid Voter ID Valid Driver’s License	Any 1 of the following - Aadhaar Card Valid Indian Passport Valid Voter ID Valid Driver’s License Utility Bills (Electricity, Water, Gas) dated within the last 60 days	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 and Charges for Personal Loans from Private Finance Companies

Every loan applicant wants to avail a loan that is most affordable. Money view’s personal loans come with competitive interest rates and have no hidden charges whatsoever. Our fees and charges are -

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	No additional/hidden charges levied The interest amount for the period between loan disbursement and loan cancellation will be payable. Processing fees will also be retained

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

No additional/hidden charges levied
The interest amount for the period between loan disbursement and loan cancellation will be payable.
Processing fees will also be retained

How to Apply for An Instant Personal Loan

Check Eligibility

Find out the maximum loan amount you’re eligible for online in 2 minutes

Select Loan Tenure

Choose a custom loan amount and the repayment period that suits your financial needs

Upload Documents

Provide your personal details and upload the necessary documents, all on the app or website

Amount Disbursed

Get the loan amount disbursed to your account in 2 hours of approval

Private Finance Loan - Related FAQs

1. What Are Private Finance Loans?

Private finance companies are those that are not a part of the regulated banking or financial sector but provide personal and other types of loans. These lenders are still a part of the organized sector and provide loans in tie-ups with other NBFCs or banks.

2. What Can I Use Moneyview Personal Loans For?

In spite of planning your finances well, the need for some extra cash or funds can come up at any day. At that time, convenience and the speed of service are what matters, which private finance companies can provide.

Some of the reasons for which you can avail a personal loan from private finance such as Money View are:

To pay for a medical emergency
Pay fee for college/school education
To pay down-payment for another loan
To clear credit card dues
To buy an expensive gadget
To pay for a vacation
To pay for the repair/breakdown of your vehicle
To meet wedding expenses
For house renovation expenses
To buy household gadgets like fridge, washing machine, etc
To meet expenses towards relocation

3. Can I Foreclose My Loan From Moneyview?

Yes, you can foreclose your personal loan from Moneyview as long as you have paid a minimum number of EMIs based on your repayment term

4. Will I Get A Loan If I Get My Salary In Cash?

Currently we only provide loans to those individuals who get their salary directly credited to their bank account from their employer. We will not be able to give loans to applicants who get their salaries in cash.

5. I Am Self-Employed. Can I Still Get A Personal Loan From Moneyview?

Yes, self-employed applicants can get a personal loan from Money View if they meet the following eligibility criteria -

Monthly income of Rs. 15,000 or more
Income must be credited directly to the applicant’s bank account
Applicant must have a minimum CIBIL score of 600 or minimum Experian score of 650
Applicant must be between 21 years to 57 years old

Personal Loans from Private Finance

Get a Personal Loan in 24 Hours – Hassle-Free Process!

Top Features and Benefits of Personal Loan

Loan Eligibility Criteria from Money View Private Financiers

Documents Required for Personal Loan from Private Financiers

Fees and Charges for Personal Loans from Private Finance Companies

How to Apply for An Instant Personal Loan

Loan EMI Calculators

Calculate Your EMI

Private Finance Loan - Related FAQs

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