Why Choose moneyview Loans for Bad Credit


Flexible Loan Amount

Depending on your eligibility you can choose any loan amount of up to Rs. 5 lakhs


Quick Eligibility Check

Your loan will be credited within a day or so after your loan application has been approved


Collateral Free Loans

There is no need for a guarantor or collateral to get moneyview personal loans


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

The entire process from application to disbursal is paperless, online, and hassle-free


Flexible Repayment Term

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


Loans on Low Credit Score

Thanks to moneyview’s unique credit rating model, even if you have a relatively low credit score, you can get a loan. So, if you want an urgent loan with bad credit in India, moneyview is the best choice for you


24 Hour Disbursal

Complete your eligibility check from the moneyview website or app within just 2 minutes

Personal loans can be incredibly helpful. These unsecured loans are versatile and usually disbursed quickly and are versatile. But if you have a low or bad credit score wherein your credit score is lower than 700 then getting a loan might be harder.

But every problem has a solution and in this case, moneyview loans is your answer.

What are Bad Credit Loans?

When someone with a low credit score takes out a loan, it is referred to as a bad credit loan. In order to easily get, one must have a credit score of 750 or more. But this may not be possible for everybody. 

The good news is that certain loan providers such as moneyview offer loans to even those with low credit. So, if you’re looking at loans for bad credit, you know where to apply.

If you have a low credit score, you can still avail a personal loan from moneyview if you fulfill the eligibility 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


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


CIBIL Score of 600 /Experian Score of 650 and above

Here are the 3 documents required if you need loans for bad credit -

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


Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed

moneyview’s personal loans for bad credit come with competitive interest rates and have no hidden charges whatsoever. Our fees and charges are -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 1.33% per month

Loan Processing Charges

Between 2% to 8% of the approved loan amount

Interest on Overdue EMIs

2% per month on the overdue EMI/Principal loan amount

Cheque Bounce

Rs.500/- each time

How to Apply for An Instant Personal Loan for Bad Credit


Check Eligibility

Visit the moneyview website or download the app. Provide all necessary details and in 2 minutes we will let you know your eligibility


Select Loan Tenure

Select the loan amount and repayment term of your choice based on your eligibility


Upload Documents

Easily upload all the documents online


Amount Disbursed

After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours



Individuals may end up with a bad credit score due to a number of reasons. Additionally, moving from a bad credit score to a good credit score takes some time.

However, the need for credit could come up at any time. If you have a low credit score then do not worry, with moneyview personal loans you can still get a loan for bad credit. Thanks to our unique credit rating model, we require applicants to only have a CIBIL score of 600 or more or Experian score of 650 or more.

Frequently Asked Questions (FAQs)

Technically speaking, a bad credit loan refers to loans that are provided to those that have low credit scores. In order to easily avail loans, one must have a credit score of 750 or more. But this may not be possible for everybody. Therefore, certain loan providers such as Money View provide loans to even those with credit scores as low as a CIBIL score 600 or Experian score of 650. So, if you’re looking at loans for bad credit, you know where to apply.

One could end up with a bad credit score due to a lot of reasons which can vary from one person to another. However, the most common reasons due to which individuals might land up with bad credit are -

  • Defaults in repayment of old and existing loans or credit cards
  • High credit card utilization or a high number of hard inquiries
  • Those who do not have a credit score as they are new to credit. (Never availed credit earlier)

Secured loans are those that are provided against collateral such as home loans, auto loans, gold loans, etc. Unsecured loans are those that do not require collateral such as personal loans. Money View personal loans for bad credit are unsecured loans and do not require any collateral or security.

If you have a low credit score and but have some form of collateral, you can avail the following loans -

  • Gold Loans -You can avail a loan by using the gold that you own (bonds, coins, jewellery) as collateral
  • Loan Against Property - An existing property can be given as a security to avail a loan. A Loan to Value Ratio of anywhere between 50-75% is allowed depending upon the age, condition and title documents of the property
  • Securities and Fixed Deposits - Investments in securities, mutual funds or fixed deposits can also be used as collateral for availing loans.

When bad credit loans are availed against collateral, the amount of the loan will always be tied to the value of the asset allowed as collateral. However, with low credit scores, even with collateral, your interest rate will be on the higher side.

Loans for bad credit are loans that are provided to individuals with low credit scores. As the lenders take on more risk when lending to less creditworthy individuals, they tend to compensate for it by altering certain terms and conditions of the loan as given below -

  • These loans are often provided at higher rates of interest
  • Sometimes, these loans are only provided as secured loans, i.e., require collateral
  • These loans may have short repayment terms

Yes, you can. Thanks to Money View’s alternate credit rating model, as long as your CIBIL score is above 600, you can get a personal loan from us.


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