Top Features and Benefits of Personal Loan for Low CIBIL Score


Flexible Loan Amount

Money View offers personal loans of up to Rs. 10 lakhs based on your requirements


Quick Eligibility Check

Imagine checking for your eligibity within just 2 minutes! This is possible if you are applying for a personal loan MoneyView.


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 affordable personal loans are. Therefore, Money View interest rates start at 1.33% p.m.


Completely Paperless

You can apply for a personal loan from Money View at any time from anywhere. No more travelling to a bank and waiting for days


Flexible Repayment Term

Choose repayment term of upto 60 months


Loans on Low Credit Score

Money View provides personal loans to anyone with a CIBIL score or Experian score of 650 and above. We have our own in-house credit model that helps us assess the creditworthiness of our customers


24 Hour Disbursal

Our personal loan is disbursed to your bank account within 24 business hours after the approval.

A monetary emergency and a low CIBIL score never go together. However, moneyview turned the tide by making it easier to avail personal loans with low CIBIL scores. 

Read on to find out how to get a personal loan for low CIBIL score. 

What is CIBIL score?

CIBIL score is a credit rating the credit bureau CIBIL assigns to borrowers based on their credit history, repayment consistency, utilization ratio, spending habits, and more. It ranges from 300 to 900 and determines the creditworthiness of the borrower while availing a loan. 

Banks and other lending institutions employ credit or CIBIL scores to ascertain the risk associated with a borrower. 

Why Choose a Personal Loan For Low CIBIL Score From moneyview

moneyview’s unique credit rating model considers several other factors besides CIBIL score to determine the applicant’s creditworthiness. This allows borrowers with CIBIL scores as low as 650 to easily secure a loan to finance their needs. Additionally, moneyview offers unique benefits to its customers. 

Eligibility Criteria for Low Credit Score Loans From moneyview 

You can easily avail a moneyview loan for low credit score as long as you fulfill the following eligibility criteria

Documents Required for Personal Loan for Low CIBIL Score

Our documentation requirements are minimal. All you will have to do is - 

Please note that the documentation requirements will vary based on your profile. We may require proof of address, bank statement, and other supporting documents. 

In case we require proof of address, any one of the following documents will suffice - 

If we require income proof, you must furnish your bank statement for the last three months. This statement must also show your salary credits.

Interest Rates & Charges for Low CIBIL Loans From moneyview 

At moneyview, we believe in complete transparency. Our fees have no hidden charges and as illustrated below-

Types of Loan Fees

Rates & Charges Applicable

Interest Rate

Starting from 1.33% per month (16% Annually*)

Processing Fee/Felicitation Charges

Starting from 2% of the approved loan

Part/Full Payment of the Loan (Loan Foreclosure)

  • No part payments are allowed

  • Loan foreclosure is allowed only if you have completed 6 month's of EMI repayments.

Interest on Overdue EMIs

2% per month

Cheque Bounce

Rs.500/- for every bounce

City-Wise Breakdown of The Income And Credit Score Requirement

Borrowers from across the country can easily take a loan from moneyview, even with a low CIBIL score. Our only requirements are as follows: 

Salaried Individuals

Minimum In-Hand Income

Area of Residence

CIBIL Credit Score Requirement

Rs 13,500


CIBIL Score of 650 /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 650 /Experian Score of 650 and above

Rs 15,000

Metro City other than Mumbai and NCR

CIBIL Score of 650 /Experian Score of 650 and above

Self-Employed Individuals

Rs. 15,000


CIBIL Score of 650 /Experian Score of 650 and above

Why Is CIBIL Score Important?

CIBIL score is one of the critical factors that influence the loan application and approval process. CIBIL score also offers the following advantages to borrowers. 

Lenders factor in the CIBIL score to determine if the customer can pay back the amount borrowed. By analyzing the borrower's past repayment history and patterns, it shows his or her capacity to repay the loan amount.

Borrowers with high CIBIL scores attract lower interest rates, and minimal paperwork, and can negotiate for a higher loan amount. Whereas applicants with lower scores must endure higher interest rates and at times, rejection of the loan application.

A higher CIBIL score means faster loan approval as it displays the creditworthiness of the borrowers. It also leads to quick document processing and fast disbursement.

Individuals with high scores have the facility to avail loans with longer repayment tenures while low scores lead to shorter tenures. 

What Factors Lower Your CIBIL Score?

CIBIL score impacts your ability to borrow. It is critical to understand the factors that lower your CIBIL score before you start working on improving it. The following factors can lower your credit score. 

A higher credit score does open doors in times of financial crisis. But, there are financial lenders such as moneyview, who lend to individuals with lower credit scores.

How to Improve Your CIBIL Score?

While moneyview offers loans for low CIBL scores, it is vital to improve your score for a secure financial future. 

Follow the below steps to increase your CIBIL score.

How to Apply for A Low CIBIL loan From moneyview

Apply for low credit score loans from moneyview in just 4 simple steps. 

1. Check Eligibility

Provide the necessary details and check your loan eligibility in just 2 minutes.

2. Select Loan Tenure

moneyview provides various options based on your eligibility. Choose the loan amount and repayment term of your choice to fit your needs. 

3. Upload Documents

Digitally upload the relevant documents for quick verification. 

4. Amount Disbursed

Post verification of your documents and successful submission of the loan agreement, the loan amount will be directly credited to your account within 24 hours.


Getting a loan for low CIBIL score applicants is no longer a distant dream. You can now get personal loans from moneyview at competitive rates, minimal documentation, and other advantages as long as you have a CIBIL score of over 650. Visit the moneyview website or download the app and apply now!

Low CIBIL Personal Loan Related FAQs

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.

Our personal loans are extremely versatile. You can use for a number of purposes such as -

  • 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

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 or Experian score of 650
  • Applicant must be between 21 years to 57 years old

Online lenders, such as moneyview offer loans to individuals with a minimum CIBIL Score of 650.

While some lenders may ask for a co-signer or guarantor, moneyview does not. Simply check your eligibility and borrow easily. 


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