While loans are commonly availed from banks and NBFCs, opting for personal loans from private finance companies like Money View is highly beneficial as these loans come with a number of advantages.

Why Should you Opt for Private Finance Loans?

Private lenders such as Money View provide personal loans that come with a number of added benefits and features that are not provided by Banks or other NBFCs. Some of these are -

Instant Eligibility Check

Your eligibility check from Money View website or download the app takes only 2 minutes saving energy and time.

24 Hour Disbursement

Your loan will be credited within a day after your loan application has been approved

Low Interest Rates

Avail loans at affordable rates starting at just 1.33% per month

Flexible Loan Amount

Choose any loan amount of upto Rs. 5 lakhs

Flexible Repayment Term

Applicants can enjoy flexible repayment tenures of up to 5 years

Loans with Low Credit Score

Get a loan If you have a minimum CIBIL score of 600 or Experian score of 650.

Minimal Documentation

Submit three documents - ID proof, address proof, and income proof - and you’re done!

100% Online

The entire process from application to disbursal is quick and hassle-free

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


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

How to Apply for Private Finance Loans

If you wish to avail a loan from a reputed private finance company such as Money View, you will have to follow the steps given below -

Check Your Eligibility

Visit the Money View website or download the app.  Provide all the details required and we will let you know your eligibility in just 2 minutes

Select Your Plan

Choose the loan amount and repayment term of your choice based on your eligibility

Provide required documents

Upload the required documents online easily and effortlessly

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

Note -

  • Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us.
  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.
  • On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly.

In Conclusion

Availing a private finance company personal loan comes with a plethora of benefits and features. Not only is the application process easy and the eligibility criteria transparent, we require minimal documentation and provide loans at affordable rates. Visit the the Money View website or download the app today to avail a personal loan easily.

Private Finance Loan - Related FAQs

Ans: 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.

Ans: 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

Ans: Yes, you can foreclose your personal loan from Money View as long as you have paid a minimum number of EMIs based on your repayment term as given below -

Fees & ChargesAmount Chargeable
Foreclosure ChargesNil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-
Up to 6 monthsNot allowed
7 - 18 monthsAllowed after 6 EMI payments
Over 18 monthsAllowed after 12 EMI payments
Part- Prepayment ChargesPart-prepayment is not allowed

Ans: 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.

Ans: Once you have submitted an application, you can track your application status on our app or website by following the steps below -

  • To fund a wedding
  • For Home-repairs
  • Medical expenses
  • For vacation
  • For a loan down payment
  • Education purposes
  • To buy the latest gadget
  • To fund a business venture
  • To pay off credit card bills or build credit score

Ans: 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