Top Features and Benefits of Personal Loan
Flexible Loan Amount
Since every applicant's requirements are different, they can borrow anywhere between Rs. 5,000 and Rs. 10 Lakh.
Quick Eligibility Check
Did you know that you can check your eligibility in just 2 minutes? Yes, you read it right! It’s only possible if you are applying for a personal loan through Moneyview.
Collateral Free Loans
To apply for a personal loan through Moneyview, you don’t have to pledge any asset or arrange for a guarantor
Affordable Interest Rates
Moneyview's partner lenders' interest rates start from just 14% per annum.
Personal loans are growing in popularity because they are unsecured loans that do not require collateral and have a quick processing time. You can get a personal loan from any bank or non-banking financial institution of your choice.
Can Self-Employed Individuals Avail of a Personal Loan Without ITR?
Yes, but only certain digital lending platforms, such as Moneyview, provide loans to self-employed applicants without the ITR.
Your ITR or income tax return is an important document used to verify your income and subsequent repayment ability. Therefore, not all lenders offer loans without an ITR. But at Moneyview, our partner lenders value customer satisfaction and place a high emphasis on minimal documentation which is why this benefit is possible.
How to Apply for an Instant Personal Loan for Self-Employed
Check Eligibility
You will receive your eligibility in 2 minutes after submitting the required details
Select Loan Tenure
Depending on your preferences, you can choose a loan amount and repayment term
Upload Documents
Make sure all the necessary documents are uploaded online so that they can be verified
Amount Disbursed
In 24 hours after submitting your loan agreement, you will receive the loan amount in your account
Conclusion
Self-employed individuals can now easily apply for and avail of a personal loan without having to provide an ITR.
All you have to do is visit the Moneyview website or download the app, submit your income proof, fulfil the necessary eligibility criteria and you can have your loan within just 24 hours of your approval.
Personal Loan for Self Employed Without ITR - Related FAQs
No, without income proof you cannot avail personal loans. You will need to provide bank statements as proof of your income.
Yes. One of the most important factors in obtaining a loan from any financial institution is your credit score. However, lending partners at Moneyview employ a one-of-a-kind credit rating system that considers not only your credit score but also other factors.
As a result, a CIBIL score of 650 or higher, is required to apply for an instant personal loan through Moneyview.
Yes, you can. However, the eligibility criteria may vary for self-employed and salaried individuals. Financial documents demonstrating income stability will make it easier to obtain a personal loan for self-employed individuals.
The lender also might require self-employed individuals to have been in business for a certain period of time.
Moneyview's partner lenders offer personal loans to self-employed individuals who earn a minimum of Rs. 25,000 per month.
Partner lenders at Moneyview offer instant and online loans without requiring collateral, security, or guarantors.
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