Instant Cash Loan in 1 Hour in Mumbai
Get Fast, Easy Cash During Times of Need
Do you need a large sum of cash to cover a medical emergency? Getting a loan seems like the most feasible option, but do banks in Mumbai disburse loans in a matter of minutes? In most cases, this is not true. The documentation and eligibility check could mean an endless wait for you and more often than not, time is of the essence!
Turning to a private lender for a quick loan is your best bet. MoneyView is the most reputable name in the industry when it comes to disbursing instant cash loans in 1 hour in Mumbai. MoneyView is your go-to source for a stress-free loan application process that allows you to do an eligibility check-in under two minutes and gives you access to funds within 1 hour.
Reasons to Apply for Instant Cash Loans Within 1 Hour in Mumbai
You can apply for instant cash loans in Mumbai for a variety of reasons, including the following:
- A quick weekend getaway
- Cover relocation expenses
- Pay unforeseen medical bills
- Pay your child’s school fee
- Cover credit and utility bills
- Rental for your office space or home
- Buy gifts for your friends or family and much more
Our completely digitized, paperless, and quick loan application process ensures that you get your instant cash loan within 1 hour in Mumbai. Read on to find out about the benefits, eligibility criteria, and application procedure when you need an instant cash loan from MoneyView.
MoneyView’s Exciting Features and Benefits
- Who Can Apply:
Anyone between the ages of 21 and 57
- Time Taken for Eligibility Check:
Less than 2 minutes
- Loan Amount:
Loans are available between Rs.10,000 and Rs.5,00,000 depending on your income
- Time Taken for Loan Disbursement to Your Bank Account:
A maximum of 1 hour after approval of the loan
- Payback Period:
Up to 60 months
- Repayment Options:
No partial payments accepted. Loan amount can be paid off in full after a minimum payment of 3 EMIs
- Minimum CIBIL Score Required:
650
- Minimum Experian Score Required:
750
The Importance of Your CIBIL and Experian Score While Applying for a Cash Loan in Mumbai
Banks will always do a CIBIL and Experian check before sanctioning loans to certify your credibility and ability to pay back the loan. If these scores are not up to the desired standards, your bank holds the right to deny you the instant cash loan in Mumbai.
MoneyView requires that you maintain a minimum CIBIL score of 650 and an Experian score of 750 if you’re applying for an instant cash loan within 1 hour in Mumbai.
| Type of Charges | Amount |
|---|---|
| Interest Rate | Starting from 1.33% per month |
| Loan Processing Fee | 2.5% - 6% of the approved amount |
| Interest on Overdue EMIs | 2% per month |
| Cheque Bounce Charge | Rs.500 |
Eligibility Criteria for Instant Cash Loan Application in Mumbai
Check out the eligibility criteria when applying through the MoneyView app for an instant cash loan within 1 hour in Mumbai.
- Salaried Individuals (Any 1):
- Minimum income of Rs. 20,000 if this is your first loan and you don’t have any credit history
- Minimum take-home income of Rs. 15,000 if your CIBIL score is 675 or more
- Minimum take-home income of Rs. 13,500 for all others
Please note that your salary must be credited to your bank account every month.
- Self-Employed Individuals (Any 1):
- Minimum, steady income of Rs. 25,000 per month
- Salary should be credited to the bank account
Mandatory Documents Required for Processing Instant Cash Loans at MoneyView
| Proof Category | Documents |
|---|---|
| Acceptable ID Proof (Any 1): |
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| Acceptable Address Proof (Any 1): |
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| Income Proof |
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How to Apply for an Instant Cash Loan in Mumbai Through MoneyView
- Log into the app
- Enter relevant details to check your eligibility within 2 minutes
- Review loan plans available and choose the one that suits you
- Upload the required documents
- Get money directly in your account upon approval
Contact Us For More Information
Download the MoneyView app right away to learn about how you can get an instant cash loan within 1 hour in Mumbai. If you need further details, contact our team at 080-4569-2002.