Are you frantically typing out ‘personal loan salary less than 15000’ ? Unlike most lenders who require applicants to have a high monthly income, Money View’s eligibility criteria includes more than just your income. Therefore, even if your salary is less than Rs. 15,000 per month, you can still apply for a loan from us.
If your salary is below Rs. 15,000 but require a loan urgently, you can avail a personal loan from Money View if you fulfill the criteria given below -
Given below is a city-wise breakdown of the income and credit score requirement -
|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 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|
|Self-Employed Individuals||Rs. 15,000||Any||CIBIL Score of 600 /Experian Score of 650 and above|
Our interest rates and other charges on our personal loans are pocket-friendly and competitive -
|Type of Charge||Amount|
|Interest Rates on Loans||Starts at 1.33% per month|
|Charges for Loan Processing||2% to 8% of your approved loan amount|
|Penalty on Overdue EMIs||2% per month on the overdue amount|
|Loan Foreclosure Charges||
If you have fulfilled our eligibility criteria, then you will have to submit the following documents to avail a personal loan from us -
|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 -
Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits
Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed
You can avail a personal loan for Rs. 15,000 salary from Money View by following the steps given below -
Check your eligibility
Give us the required details and we will let you know your eligibility in 2 minutes
Choose your loan plan
Based on the options provided, select the loan amount and repayment term of your choice
Upload required documents
Upload all of the necessary documents online for verification
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
Wondering why Money View personal loans are so popular? Check out the list of unique features and benefits offered by our personal loans -
You can opt for a loan amount between Rs.5,000 and Rs.5,00,000 depending on your income and credit score
Economical Interest Rates
Our interest rates start at an attractive 1.33% per month
Instant Loan Disbursal
One of our standout features - once your loan application is approved, the loan amount will be credited to your account within 24 hours
Repayment through Affordable EMIs
Repay your debt through affordable monthly installments through our auto-debit facility
Because there’s no paperwork involved in the Money View loan application process, it’s hassle-free and quick
Flexible Repayment Tenure
For your convenience, Money View gives you the option to choose a loan repayment period of up to 5 years.
If you are worried that you won’t be able to get a loan if your salary is Rs. 15,000 or below, there is no need to worry. As long as your salary is above the required limit and you meet our eligibility criteria, you can easily avail instant personal loans from Money View. Visit the Money View website or download the app today to apply.
At Money View, we decide our applicant’s creditworthiness based on factors other than one’s CIBIL score thanks to our unique credit-rating model. Therefore, applicants who have a CIBIL score of over 600 or Experian score of over 650 can avail a personal loan from us.
Once you have submitted an application, you can track your application status on our app or website by following the steps below -
Our personal loans are extremely versatile. You can use for a number of purposes such as -
Yes, self-employed applicants can avail personal loans from Money View. However, your minimum in-hand income must be Rs. 15,000 or above.
No, 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.