Top Features and Benefits of Personal Loan

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Flexible Loan Amount

Money View offers personal loans of up to Rs. 10 lakhs

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Fully-Personalised

Our personal loan is disbursed to your bank account within 24 business hours after the approval

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Quick Eligibility Check

Imagine checking for your eligibility within just 2 minutes! This is possible if you are applying for a personal loan from Money View.

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Low Interest Rates

We understand how important affordable personal loans are. Therefore, Money View interest rates start at 1.33% p.m.

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Hassle-free Online Process

Right from application to document submission to disbursal, you can avail loans for credit card payments from Money View at any time from anywhere

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Flexible Repayment Terms

Choose a repayment term of upto 60 months

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Loans on Low Credit Score

The minimum score required is a CIBIL score or Experian score of 650.

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No Need for Collateral/Security

A personal debt consolidation loan can be availed without having to provide any collateral or security

While credit cards are great thanks to their numerous benefits and rewards, if you aren’t careful, your bills can go out of control. Additionally, the interest rates are also quite high which can have a huge impact on your finances.  If you have racked up a lot of credit card debt then a personal loan can help you repay your debts on time.

Money View Instant Personal Loan for Credit Card Payments

Do you have a huge credit card debt? Then it is time to get an instant personal loan for credit card payments from Money View within just 24 hours. All you need to do is fulfill our eligibility criteria and submit the necessary documents.

Our eligibility criteria is quite inclusive so that more applicants can have access to funds when needed. All you have to do is fulfill the following requirements -

  • Applicants must have a minimum monthly income of Rs. 13,500

  • Income must be credited to a bank account 

  • Applicants must have a minimum CIBIL score or Experian score of 650

  • Applicants must be between 21 to 57 years old

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 /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 /Experian Score of 650 and above
Rs 15,000 Metro City other than Mumbai and NCR CIBIL Score /Experian Score of 650 and above
Self-Employed Individuals Rs. 15,000 Any CIBIL Score /Experian Score of 650 and above

We understand the hassle of providing multiple documents. This is why we require just 3 documents from you. These are -

Identity ProofAddress ProofIncome 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

Our fees and charges are quite transparent. Please refer to 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
Penal charges on Overdue EMI 24% per annum plus applicable taxes, if any
NACH Bounce Rs.500/- each time
Loan Cancellation
  • No additional charges levied
  • The interest amount for the period between loan disbursement and loan cancellation will be payable.
  • Processing fees will also be retained.

How to Apply for An Instant Personal Loan for Credit Card Payments

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Check Eligibility

Visit the Money View website or download the app and provide the required details.

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Select Loan Tenure

Depending on your eligibility, we will provide options for both the loan amount as well as the repayment term

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Upload Documents

Select the option that works for your and upload the necessary documents

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Amount Disbursed

After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours

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Conclusion

Paying credit card bills can be a stressful situation especially if you have a heavy debt burden. Taking a personal loan can be helpful in this regard.  Visit the  Money View website or download the app and apply.

Loan for Credit Card Payment - Related FAQs

A credit card takeover loan is essentially a loan that is availed at a lower interest rate to help clear off your credit card debt that is usually at a high rate of interest. Money View personal loans are the perfect solution for you if you need to clear your credit card debt.

While most banks and lenders require applicants to have a CIBIL score of 750 and above, Money View uses a unique algorithm to understand a borrower’s creditworthiness. Therefore even those with relatively low credit scores can avail personal loans from Money View. However, a minimum CIBIL score of 650 and above or a minimum Experian score of 650 and above is necessary.

At Money View, we use a unique credit rating model that takes multiple factors into account. This is why even if your credit score is low, you can still get a personal loan from us. However, we will require applicants to have a minimum CIBIL score or Experian score of 650.

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