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.
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 -
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.
Submit three documents - ID proof, address proof, and income proof - and you’re done!
The entire process from application to disbursal is quick and hassle-free
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 -
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|
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)
Any 1 of the following -
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
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|
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 -
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
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 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.
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:
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 & Charges||Amount Chargeable|
Nil but foreclosure can be done only after a minimum
number of EMIs have been paid as illustrated below-
|Part- Prepayment Charges||Part-prepayment is not allowed|
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.
Once you have submitted an application, you can track your application status on our app or website by following the steps below -
Yes, self-employed applicants can get a personal loan from Money View if they meet the following eligibility criteria -