Attractive Loan Amount
Get loans from Rs.5,000 to Rs.10 Lakh based on your eligibility
Collateral Free Loans
You can get a personal loan through Moneyview without having to vow any asset or arrange for a guarantor
Fast Disbursal
The loan amount is disbursed to your bank account within 24 hours of approval
Affordable Interest Rates
Interest rates starting from just 14% per annum
Personal loans are unsecured credit products and to be eligible, you need to have a high credit score and low debt-to-income ratio. If you meet these criteria, you can get instant personal loans with minimum or no documentation.
With various digital lending apps, like Moneyview, you can easily get personal loans without documentation. This streamlines the process and makes it faster. Let’s see how you can get an instant personal loan without documents!
You can get a personal loan without documents in the following cases -
Pre-approved loan offers from your bank or offers to increase your credit limit from your card issuers will not need any documentation.
These offers are made to existing customers of the bank or credit card holder and may not require documents as your lender will already have them. Additionally, your eligibility will already be assessed by the lender before they give you the offer.
Top-up loans are extended to existing loan customers who have been paying their EMIs on time. Before the loan tenure is over, the bank may offer some pre-approvedextra amount as a loan.
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 play a pivotal role in the approval of loan applications. They help lenders assess the profile of the borrower and determine the risk associated with the application to an extent.
Hence, it is not possible to get an instant loan without documents online or an urgent cash loan without documents.
However, to reduce the burden of paperwork on loan applicants, leading online digital lending apps such as Moneyview have introduced minimal paperwork and instant disbursals.
Moneyview’s partner lenders' basic eligibility criteria are as follows -
Applicants must be aged between 21 and 57 years
They must be either salaried or self-employed
They must receive an income of Rs.25,000 or more per month
The income must be credited directly to their bank account
A minimum CIBIL score of 650 is required
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.
Moneyview's lending partners have done away with extensive documentation or multiple photocopies of documents and all that is required now is just three documents.
Your PAN number
Your mobile number, linked to your Aadhaar card for KYC verification
Clear selfie taken in a well-lit area
Depending on your profile, you may further need to submit proof of address as well as a bank statement.
1
Verify Eligibility
Verify your eligibility on the Moneyview website or app within just 2 minutes!
2
Choose Repayment Timeline
Pick your loan amount and repayment duration from the available options based on your eligibility.
3
Submit Your Documents Online
Submit the required documents to verify your profile by uploading them online without trouble.
4
Funds Transferred
After approval and signing the agreement, the funds will be deposited into your account within 1 day!
You can get an instant loan without documents only in the following conditions -
If not, you will have to mandatorily submit certain documents.
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