Top Features and Benefits of Personal Loan

Flexible Loan Amount

Choose any loan amount starting 5,000 up to Rs. 5 lakhs

Quick Eligibility Check

Complete your eligibility check from the Money View website or app within just 2 minutes.

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 interest rates are as they determine the EMI amount to be paid. At Money View, the interest rate starts at just 1.33% per month

Completely Paperless

The entire process from application to disbursal is paperless, online, and hassle-free

Flexible Repayment Term

Borrowers can choose repayment tenure starting 3 months up to 60 months

Loans on Low Credit Score

Thanks to Money View’s unique credit rating model, even if you have a relatively low credit score, you can get a loan*

24 Hour Disbursal

Your loan will be credited within a day after your loan application has been approved

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.

Personal Loan Eligibility Criteria for Self Employed

As a self-employed person, you are eligible for a Money View instant personal loan if you meet the following criteria -

  • Applicants must have a minimum in-hand income of Rs. 15,000 per month
  • Income must be directly credited to the applicants’ bank account
  • A minimum CIBIL score of 600 or more or Experian score 650* or more
  • Applicants must be between the ages of 21 years and 57 years

Documents Required for Self Employed Borrowers

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)
  • 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
Last 3 months’ bank statements in PDF format

Interest Rate and Other Charges for Self Employed Applicants

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
Loan Cancellation
  • No additional/hidden charges levied
  • The interest amount for the period between loan disbursement and loan cancellation will be payable.
  • Processing fees will also be retained

Note -

  • After your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to Money View.
  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without the need for 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

How to Apply for An Instant Personal Loan

Check Eligibility

Find out the maximum loan amount you’re eligible for online in 2 minutes

Select Loan Tenure

Choose a custom loan amount and the repayment period that suits your financial needs

Upload Documents

Provide your personal details and upload the necessary documents, all on the app or website

Amount Disbursed

Get the loan amount disbursed to your account in 2 hours of approval


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!

Self-Employed Personal Loan - Related FAQs

Ans: 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.

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 & ChargesAmount Chargeable
Foreclosure ChargesNil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-
Up to 6 monthsNot allowed
7 - 18 monthsAllowed after 6 EMI payments
Over 18 monthsAllowed after 12 EMI payments

Ans: Once you have submitted an application, you can track your application status on our app or website by following the steps below -

  1. If you’ve applied on our website
    1. Go to the login section on the website by clicking here: /apply-loan/signup
    2. Login into your loan account with your registered email ID
    3. Go to the ‘Dashboard’ section of your loan account
    4. Scroll down to the ‘Application Status’ tab to know the status of your loan application
  2. If you’ve applied on the Money View app
    1. Open the Money View app
    2. Register yourself with a valid email ID if you haven’t done it yet
    3. Head over to the ‘Loans’ section
    4. You will then be automatically redirected to the ‘Application Status’ screen where you can check your application details
    5. If you have the Money View Loans app, you’ll be directed to the ‘Application Status’ screen automatically as soon as you open it

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.