A cash loan is essentially a personal loan that needs minimal documentation and is disbursed quickly. In emergency situations, it is important for you to get financial assistance as soon as possible through instant cash loans.

Money View Instant Cash Loan in Chennai

Getting a personal loan in Chennai can get difficult at times, especially in times of emergencies. Your savings and income may not always be sufficient to deal with emergencies. In such situations, you can get an instant cash loan in 1 hour (subject to terms and conditions) in Chennai from Money View. Our simplified application and approval process will make it easier for you to get access to funds instantly.

Why Opt for Money View Cash Loans

Out of all the lenders in the country, why choose Money View instant cash loans?
Here are some of the benefits and features that set us apart from the rest -

Quick Loan Eligibility Check

You will only need to submit a few details to check your loan eligibility within 2 minutes.

Fast Disbursal of Loan

Once the application is approved, the loan amount will be credited directly to your bank account within 24 hours.

Flexible Loan Amount

You can apply for a loan of any amount between Rs.5,000 and Rs.5,00,000 depending on your needs.

Easy Documentation

You will only need to submit a few documents such as ID proof, address proof etc. for loan approval.

Online Paperless Application Process

You can easily get a loan from Money View by uploading your documents online and completing the paperless application process.

Flexible Tenures and Repayment Options

No need to compromise on monthly expenses for paying loan EMIs as we offer flexible loan tenures and repayment options.

How to Apply for Instant Cash Loan in Chennai

If you fulfill our eligibility criteria and have the necessary documents in place, you can follow the steps given below to apply easily -

Check Your Eligibility

Visit the Money View website or download the loan app provide all the details required. We will then let you know your eligibility in just 2 minutes

Select Your Loan Plan

Based on the options given, you will have to select the loan amount and repayment term of your choice

Provide Documents

Easily upload all of the necessary documents online for verification

24 Hour 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

Eligibility Criteria for Instant Cash Loan in Chennai

Now that you know how to avail an instant cash loan in Chennai from Money View, check if you fulfill our eligibility criteria given below -

  • Applicants must be between 21 years and 57 years
  • Applicants must receive a monthly 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 20,000 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 15,000 Metro City other than Mumbai and NCR CIBIL Score of 600 /Experian Score of 650 and above
Self-Employed Individuals Rs. 15,000 Any CIBIL Score of 600 /Experian Score of 650 and above

Documents Required for an Instant Cash Loan in Chennai

In order to get an instant cash loan in 1 hour in Chennai, you’ll need just three documents -

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 an Instant Cash Loan in Chennai

Our fees and charges are affordable and transparent as given below -

Fees and 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 part-prepayment of the loan is allowed.
  • Foreclosure available after a certain number of EMIs have been paid

In Conclusion

If you need an instant cash loan in 1 hour in Chennai, then you need not worry as Money View has your back. Minimal documentation, instant loan disbursal post approval, hassle-free application process are just some of the advantages that Money View offers. Apply for an instant cash loan in Chennai right now to take care of your financial needs by visiting the Money View website or download the app .

Instant Cash Loan in Chennai - Related FAQs

If you are self-employed, you can avail a personal loan from Money View as long as you fulfill the eligibility criteria given below -

  • 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

Yes, you can foreclose your personal loan from Money View based on your repayment term as given below -

Fees and Charges Amount Chargeable
Foreclosure Charges Nil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-
Tenure Foreclosure
Up to 6 months Not allowed
7 - 18 months Allowed after 6 EMI payments
Over 18 months Allowed after 12 EMI payments

While most lenders require applicants to have a credit score of over 750, at Money View, we use a unique in-house algorithm to determine our applicants’ creditworthiness. Therefore, as long as your CIBIL score is 600 and above or your Experian score is 650 and above, you can still get an instant cash loan or personal loan from us.

You can use instant cash loans in Chennai for a variety of reasons, including the following:

  • To go on an impromptu holiday with your loved ones
  • To bear the expenses of relocating to Chennai
  • To meet your urgent medical expenses
  • To consolidate debt or clear your credit card bills
  • To remodel or renovate your home
  • To meet the cash flow needs of your business
  • To pay for an educational degree or certification course