Documentation is an integral part of any loan application process. But, very often applicants find this process very cumbersome and time-consuming and look for an instant loan without documents or for a personal loan without documents. But is this option available?

Can I get a Personal Loan without Documents?

The answer to the above question is both yes and no!

It may be possible to get a personal loan without documents in cases as mentioned below:

  • Pre-approved personal loan offer from your bank
  • Pre-approved loan offers over and above your credit limit from your credit card issuers
  • Top up loan offers from your lender

The pre-approved loan offers are made to existing customers of the bank /credit card issuer and may not require documents as your lender will already have them. Additionally, your eligibility will already be assessed by the lender before providing this offer.

However, this facility is not made available for new customers of the bank who apply for loans. Therefore, if you are a new customer, getting an instant loan without documents will not be possible.

Documents Required for Money View Personal Loans

While you may not be eligible for a personal loan or an urgent cash loan without documents, we have the next best option which is - minimal documentation.

Lenders such as Money View have done away with extensive documentation or multiple photocopies of documents and all that is required now is just three documents.

Given below are Money View’s minimal documentation requirements -

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

Important Features Of Money View Personal Loans

Now that you know that Money View personal loans involve an easy documentation process, we are sure you would like to know about other features of Money View Personal loans.

  • Eligibility Check takes just 2 minutes
  • Borrow any amount starting from Rs. 10,000 and going up to Rs. 5,00,000
  • Enjoy flexible repayment terms of up to 5 years
  • The loan amount is disbursed to your account in just 2 HOURS of approval
  • Benefit from low-interest rates starting from 1.33% per month
  • From documentation to repayment, the entire process is done digitally
  • Low credit score? You can still get a loan with our alternate credit model

In Conclusion

Availing a personal loan without documents is not practical as lenders require your documents to assess your eligibility and repayment ability. While there are certain conditions wherein you may be able to get a loan from a lender without documentation, it is not possible for new users.

However, if you wish to avoid the hassle of submitting multiple documents, apply for a Money View personal loan where the documentation requirements are minimal and loans are disbursed within 24 hours of application approval. Visit the Money View website or download the app

Where can I get instant loans without documents for self-employed applicants? You can get a instant loan without documents only in the following conditions -

  • Pre-approved personal loan offer from your bank
  • Pre-approved loan offers over and above your credit limit from your credit card issuers
  • Top up loan offers

If not, you will have to mandatorily submit certain documents.

Check your eligibility

Visit the Money View website or loan app. Provide 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

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

To process loans at Money View, we do not require any hard copies or photocopies of your documents. All you need to do is upload approved copies of your Identity, Address, and Income Proof.