If you are looking at personal loans for salaried employees, Money View provides personal loans within 24 hours of loan approval at competitive rates and minimal documentation.
Here are some salient features and benefits of Money View instant loan for salaried employees-
Flexible Loan Amount
Based on the eligibility factors you can choose a loan amount of upto Rs. 5 lakhs.
Flexible Repayment Tenure
Applicants can choose flexible repayment tenure of up to 5 years.
All we require are your ID proof, address proof, and income proof.
Loan for Low Credit Applicants
Thanks to Money View’s unique credit model, as long as your CIBIL score is over 600 or Experian score is over 650, you can still get a loan from us.
The entire process from application to disbursal is online and paperless.
Once approved, your loan amount will be credited to your account within 24 hours.
The eligibility criteria for salaried employees is given below -
|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|
In order to avail a personal loan from Money View, you will need to submit the following 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)
Any 1 of the following -
||Last 3 months’ bank statements of your salary account in PDF format showing salary credits.|
Money View provides instant loans for salaried employees at competitive rates. Take a look at the table below to know more -
|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|
Money View charges a one-time processing fee on your loan plan. We deduct this processing fee directly from the loan amount during fund transfer.
Check Your Eligibility
Provide the required details and find out if you’re eligible for a loan in just 2 minutes.
Choose your loan plan
Choose the loan amount and repayment term of your choice based on the options provided.
Upload required documents
You’ll have to upload all the relevant documents after which they will be verified
Loan transfer to your bank account
Post verification and submission of loan agreement, the loan amount will be credited to your account within 24 hours
Availing a personal loan for salaried employees is incredibly easy and convenient with Money View. With just a few simple steps, you can find out the loan amount you’re eligible for, fulfill our minimal documentation requirements, and avail a loan within 24 hours at competitive rates. So what are you waiting for? Visit our website or download our app and get a loan today.
You are considered to be a salaried employee if you earn a fixed pay with/without incentives and are enrolled under a payroll of a registered company. Your salary is generally credited to your bank account directly.
Yes, you can avail a personal loan from us even if you have a low credit score thanks to our in-house credit rating model. However, you will need to have a CIBIL score of over 600 or Experian score of over 650.
Yes, self-employed borrowers can avail a personal loan from Money View as long as they fulfill the eligibility criteria given below -
Our personal loans are extremely versatile. You can use for a number of purposes such as -
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 and 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 receive their salary via bank transfer – directly from their employer. We will not be able to give loans to applicants who get their salaries in cash.
Money View allows you to take control of your repayment schedule, so you can choose any tenure of up to 60 months based on your eligibility and loan amount availed.