Personal Loan Salary Less than 15000, Low Salary Personal Loan

Top Features and Benefits of Personal Loan

Flexible Loan Amount

Everyone’s requirements will vary therefore applicants can borrow any amount between Rs, 5,000 to Rs. 5 lakhs based on their eligibility.

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.

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

Right from application to loan disbursement, the entire process of availing a loan from Money View is completely paperless and digital.

Flexible Repayment Term

Applicants can enjoy flexible repayment tenures of up to 5 years or 60 months

Loans on Low Credit Score

The minimum score required is a CIBIL score of 600 or Experian score of 650.

24 Hour Disbursal

The loan amount is disbursed to your account in 24 HOURS of approval.

Eligibility Criteria for Money View Personal Loans

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 -

Applicants must be between 21 years and 57 years

Applicants must receive an income of Rs. 13,500 or more*

Income must be credited directly to the applicants’ bank account

Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

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

Fees and Charges for Money View Personal Loans

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	NIL But please note that you must pay a minimum of 3 EMIs before paying off the entire loan amount. Also, no part-payment of the loan is allowed by Money View

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

NIL
But please note that you must pay a minimum of 3 EMIs before paying off the entire loan amount. Also, no part-payment of the loan is allowed by Money View

Documents Required for Money View Personal Loans

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 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

How to Apply for An Instant Personal loans for Rs. 15,000 Salary

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

Personal Loan Salary Less Than 15000 Related FAQs

1. I’m From Chandigarh And My CIBIL Score Is 690. Can I Still Avail A Personal Loan From Money View?

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.

2. What Can I Use My Money View Personal Loan For?

Our personal loans are extremely versatile. You can use for a number of purposes such as -

To fund a wedding
For Home-repairs
Medical expenses
For vacation
For a loan down payment
Education purposes
To buy the latest gadget
To fund a business venture
To pay off credit card bills or build credit score

3. Can Self-Employed Applicants Get Personal Loans From Money View?

Yes, self-employed applicants can avail personal loans from Money View. However, your minimum in-hand income must be Rs.15,000 or above.

4. Will I Get A Loan If I Get My Salary In Cash?

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.

Personal Loan for Salary Less than 15000

Avail instant personal loans for Rs. 15,000 salary

Top Features and Benefits of Personal Loan

Eligibility Criteria for Money View Personal Loans

Fees and Charges for Money View Personal Loans

Documents Required for Money View Personal Loans

How to Apply for An Instant Personal loans for Rs. 15,000 Salary

Loan EMI Calculators

Calculate Your EMI

Conclusion

Personal Loan Salary Less Than 15000 Related FAQs

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