Our 2 mins eligibility check gets you started off and informs you of your loan eligibility in no time. This lets you plan your finances and loan requirements without wasting any time.

When you are in need of a personal loan, you wouldn’t want to take the trouble of submitting tonnes of documents and making multiple trips to the banks. We offer an end-to-end paperless process which means from approval to disbursal the entire process is done online.

We have developed an alternative credit scoring model which ensures that individuals with low credit scores also can get personal loans easily. We take into account many other data points to assess the creditworthiness of our applicants. So we lend to individuals with a minimum CIBIL Score of 650 or an Experian Score of 750.

Our personal loans are not tied down to any branch or a city. These easy personal loans could be availed anywhere across India from the comfort of your homes or offices.

To be eligible for our loans, we require a minimum in-hand income of Rs 13,500* for the salaried and Rs 25000 for the self-employed. However, there are some other conditions attached to the income. Make sure you meet all of them.

Your income is a direct reflection of your ability to repay the loan. So, if your income isn’t up to the mark with respect to your loan amount, your application will be rejected.

Your instant loan application can get rejected if you have too many lines of credit that are currently open and a major portion of your salary is spent on repaying other EMIs and there’s no room for more credit. This can include other loans like car loans, home loans, and credit cards. It can even include your monthly commitments like rental and living expenses among others.

Your 3-digit credit score, or more popularly known as CIBIL score, is a reflection of your creditworthiness and is based on your past and present credit behavior. We approve personal loans for a minimum CIBIL score of 650 or an Experian Score of 750. If your score isn’t good enough, you won’t get a loan or get a loan at unfavorable terms like a very high rate of interest or a shorter than applied for tenure.

Some of the main factors that affect your score include your repayment history, promptness in payments, usage of your credit limit, duration of open credit lines, and number of credit lines among others.

Very often you must have heard the adage, try till you succeed. However, when applying for a loan, the more you apply to different lenders for the same loan, the lesser are your chances of getting the approval. Also, each of your applications is considered as an inquiry by the credit bureau which will reduce your credit score.

When you fill out your loan application, it’s highly important that you are doubly sure that every piece of information being filled out is correct. Any kind of misinformation or mistake can lead to rejection more often than not. So, be sure of all the details that you provide that match the documents submitted by you.

Your employment status and type can have a major bearing on your income and your ability to repay your personal loan. In such a scenario, if your employment history is unstable – too many breaks or constant changes – lenders won’t trust you to have a consistent source of income, which in turn can affect your loan repayments. This can lead to your application getting rejected too.

Correct documents are very essential for loan approval as it forms the basis on which any loan if approved. This remains the same even when you apply for a loan from a private finance source like MoneyView. The documents we require are minimal, but we require the correct and current documents. For Ex: If you provide us details of an expired passport as proof of identity or an old bank statement as proof of income, your loan application will be rejected.