Self-employed applicants can avail personal loans up to 5 lakhs starting at just 1.33% interest rate and minimal documentation from Money View without any collateral.
Here are some important features and benefits of Money View’s personal loan for self-employed applicants -
Flexible Loan Amount
Based on your eligibility you can choose a loan amount of upto Rs. 5 lakhs
Flexible Repayment Term
Applicants can choose flexible repayment tenure of up to 60 months
Three documents - ID proof, address proof, and income proof are all that we need
Loan for Low Credit Applicants
Due to our in-house credit model, even with low credit scores you can get a loan*
The complete process of applying for and getting a loan from us is 100% safe, hassle-free, and online
After your loan application is approved, your loan amount will be credited to your bank account within 24 hours
As a self-employed person, you are eligible for a Money View instant personal loan if you meet the following criteria -
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 in PDF format|
Money View provides instant loans for self-employed borrowers at competitive rates. Take a look at the table below to know more -
|Fees & Charges||Amount Chargeable|
|Interest Rate||Starting from 1.33% per month|
|Loan Processing Charges||Varies from 2% to 8% of the approved loan amount. The processing fee is deducted upfront from the approved loan|
|Interest on Overdue EMIs||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|
Check Your Eligibility
Give us the required details and we will let you know your eligibility in 2 minutes
Select Your Plan
Based on the options provided, select the loan amount and repayment term of your choice
Upload Your Documents
Upload all of the necessary documents online for verification
Get the Loan Amount
Post verification and submission of loan agreement, the loan amount will be credited to your account within 24 hours
If you are self-employed and are looking for a personal loan at a competitive rate of interest and with minimal documentation, Money View is the perfect choice. Not only is the entire process of application to disbursal completely online helping you save time and money, the loan amount is disbursed to you within just 24 hours of loan approval. Visit the Money View website or download the app today!
Ans: No, we do not allow part-prepayment of personal loans. However, you can foreclose your loan after a certain number of EMIs have been made based on your repayment term as given below:
|Fees & Charges||Amount Chargeable|
|Foreclosure Charges||Nil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-|
Ans: Once you have submitted an application, you can track your application status on our app or website by following the steps below -
Ans: 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.
Ans: A personal loan application can be canceled only before the submission of the Loan Agreement Form. Once that is submitted, you will not be in a position to cancel the loan.
Ans: Our app has been designed to ensure a smooth experience. However, if the app does crash during the application process, please do not worry as you will be able to restart the process from the same step again.