5000 Loan

Collateral Free Loans

Are you looking for collateral free loans for MSME or a general business loan without collateral? Then you have come to the right place.

Collateral Free Loans from Moneyview for MSME

You can use personal loans from Moneyview as collateral free business loans. They are unsecured and thus don’t require you to pledge collateral. 

You can get loans up to Rs.10 Lakh and can use it to fund your business. So if you are looking for a business loan without collateral then you can definitely count on Moneyview. Continue reading to know more about it in detail. 

Top Features and Benefits of Personal Loans through Moneyview

Loan Amount

Attractive Loan Amount

Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility

Collateral Free Loans

Collateral Free Loans

You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor

fats disbursal

Fast Disbursal

The loan amount is disbursed to your bank account within 24 hours of approval

interest rates

Affordable Interest Rates

Interest rates starting from just 14% per annum

Eligibility Criteria for an Collateral Free Loans

Our lending partners' simple eligibility criteria for borrowers to get a Collateral Free Loans are as follows -

Documents Required for Instant Collateral Free Loans

You must also enable the auto-debit facility on your bank account in order to permit automatic withdrawals from your account. Use a debit card, net banking, or a NACH form to finish this quick procedure.

The auto-debit facility will enable you to pay your EMIs automatically each month, eliminating the need for manual intervention.

Fees and Charges for Collateral Free Loans

Our lending partners provide some of the market's most fair and affordable interest rates. The fees for Collateral Free Loans loans are -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 14% per annum

Loan Processing Charges

Starting from 2% of the approved loan amount

Penal Charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

₹500/- each time

EMI Calculator for Collateral Free Loans

Your monthly EMI is

10,201

per month for 5 months

Total Interest

1,004

Total Amount

51,004

Loan Amount

Min ₹10

Max ₹25,000

Rate of Interest

%

Min 5%

Max 25%

Loan Tenure

Min 3 months

Max 72 months

Need Urgent Funds?

Flexible Terms, No Hidden Fees, Easy Approvals

5000 Loan

How to Apply for a Collateral Free Loans?

  • 1

    Assess Your Eligibility

    Quickly check if you are eligible on the Moneyview platform in only 2 minutes!

  • 2

    Pick Your Repayment Duration

    Select the desired loan sum and repayment period from the options provided.

  • 3

    Share Your Documents Online

    Share only essential documents for profile verification, easily uploading them digitally.

  • 4

    Funds Disbursed

    Once your application is validated and the loan agreement finalized, funds will be transferred to your bank within 24 hours!

Personal Loan Based on Your Budget

Personal Loan Based on Your Purpose

Personal Loan in Your City

Need Quick Cash?

Conclusion

Availing collateral free loans for MSMEs or a business loan without security is extremely easy, thanks to Moneyview. You can now go ahead and grow your business without worrying about the funds. 

Visit the Moneyview website or download the loan app and apply today.

5000 Rupees Loan FAQs

While most banks and lenders require applicants to have a CIBIL score of 750 and above, Moneyview’s lending partners use special algorithms to understand a borrower’s creditworthiness. Therefore even those with relatively low credit scores can avail of personal loans from Moneyview. However, a minimum CIBIL or Experian score of 650 is needed.
There are a number of loans offered by the Indian government for businesses and start-ups such as the Pradhan Mantri Mudra Yojana and CGTMSE. You can read more about these loans here.
Personal credit score plays a huge role in getting approval on a business loan, especially when the business is upcoming and small. To avail of loans from Moneyview, all you require is a CIBIL score of 650, as we use our alternative credit assessment model to ascertain your creditworthiness. 
Loans through Moneyview that could be used for businesses do not need any collateral. So it becomes effortless for you to avail of a loan for your business without worrying about arranging for collateral.
Our lending partners are extremely quick and efficient. The eligibility check takes just 2 mins and your loan is disbursed to your account in a matter of 2 business hours after the approval of your loan.

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