Personal Loan

One of the easiest loans to avail, personal loans are a popular choice of credit of many individuals across cities and age groups.MoneyView personal loans come across as the best paperless personal loan in India as they are fast, hassle-free and secure.

Top Features and Benefits of MoneyView Personal Loan

MoneyView personal loans come loaded with features and benefits to make the process of availing a personal loan completely secure and stress-free.

Eligibility Check

Our eligibility check takes just 2 minutes to let you know your loan eligibility. This requires submission of just a few details and saves you the hassle of doing complicated calculations to calculate how much loan you can get on your salary or income.

Loan Amount

You decide how much you want to borrow. You can get personal loans for any amount between Rs. 10,000 and Rs. 5,00,000. We just let you know your eligibility, the freedom to choose your loan amount is completely yours.

Flexible Repayment

MoneyView lets you be in charge of your finances. So you can decide your repayment tenure. The repayment of our personal loans can go up to 60 months.

24 Hour Disbursal

The loan amount is disbursed to your account in 24 HOURS of approval. This saves you the hassles of making repeated calls or sending emails to check about the disbursement status.

Lower Rate of Interest

Benefit from pocket-friendly interest rates starting from 1.33% per month as we understand the effect of high-interest rates on your household budget.

Paperless Process

From documentation to repayment, the entire process is done digitally. You can easily forget about submitting photocopies of your documents and making multiple trips to the bank to do so.

Loans on Low Credit Score

We have developed advanced internal credit scoring models that rate your creditworthiness based on many other data points. So, you can get personal loans even on a low credit score. However, you should have a minimum CIBIL score of 650 or an Experian Score of 750.

Interest Rates and Other Charges for MoneyView Personal Loan

Interest rates and processing fees associated with personal loans also matter as it increases the outgo on the loan. We understand your concern, hence MoneyView loan is pocket-friendly and fits into your budget, which makes our personal loans one of the best offered in the market.

Read on to know more about our competitive interest rates and other charges!

Fees & Charges Amount to be Paid
Interest Rate Starting from 1.33% per month
Loan Processing Charges Starting from 2% and going up to 8% of the approved loan amount
Part/Full Payment of the Loan (Loan Foreclosure)
  • No part payments are allowed
  • Full prepayment allowed after a minimum of 3 EMIs.
Interest on Overdue EMIs 2% per month on the overdue EMI/Principal loan amount
Cheque Bounce Rs.500/- for every bounce
Loan Cancellation
  • No additional charges will be levied apart from the interest amount for the period between loan disbursement and loan cancellation.
  • Processing fees will also be retained.

Eligibility Criteria for MoneyView Personal Loans

We ensure we follow broad eligibility criteria to ensure that as many people as possible can get a personal loan online easily. Our personal loan criteria for both salaried and self-employed individuals are clearly enumerated below for your reference.

Be sure you clearly read through the criteria to avoid rejections after applying for our personal loan.

Income and Credit Score Eligibility Criteria
Minimum In-Hand Income Area of Residence CIBIL Credit Score Requirement
Salaried Individuals Rs 20000 Any 1-299 or New to Credit
Rs 20000 Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.) CIBIL Score of 650 /Experian Score of 750 and above
Rs 15000 Metro City other than Mumbai and NCR 675 or above
Rs 13500 Any CIBIL Score of 650 /Experian Score of 750 and above
Self Employed Individuals Rs 25000 Any CIBIL Score of 650 /Experian Score of 750 and above

Other Common Eligibility Criteria

  • Should be aged between 21 years and 57 years
  • All income should have been credited to a bank account

Loans from banks and other financiers generally demand extensive documentation when applying for any loan. On the other hand, you can experience a completely paperless loan application process when applying for MoneyView Instant Personal Loan.

Our documentation process is simple and we require just three documents uploaded on our App or Website as a part of your loan application process.

  1. ID Proof

    Anyone of the government-issued identity proof which clearly shows your Date of Birth in dd/mm/yyyy is allowed. It could be anyone from your Voter Id, Aadhaar Card, Valid Driver’s License or Passport or your PAN Card

  2. Address Proof

    Anyone of these original, valid documents showing your current address pin code can be submitted as proof of your address. They could be Aadhaar Card, Ration Card, Utility Bills like Telephone, Electricity, etc, Voter ID Card or Bank Statement/Passbook. We accept utility bills and bank statements generated within the last 60 days only.

  3. Income Proof

    For Salaried Individuals: Last 3 months’ bank statements in PDF format showing salary credits or your last 3 months' salary slips with important details, including your employer's name is legible.

    For Self-Employed Individuals: Last 3 months’ bank statements in PDF format or your last 2 years' Income Tax Returns with important details, including tax paid details being legible.

Application for a loan from MoneyView can be done quite easily. All it takes is 4 simple steps from application to disbursal. We have designed this process to ensure that your requirement for a personal loan is met at the earliest and without any undue delays.

Our four-step process is:

  1. Check Your Eligibility:

    Many individuals spend a lot of time calculating the maximum amount of loan that they can avail based on their salary /income. With our eligibility check process, 2 minutes is all you would need to spend to know your loan eligibility.

  2. Select Your Plan:

    We allow you total freedom to choose a loan amount and the repayment term for your loan. You can choose a loan amount between Rs 10000 to Rs 500000 and a repayment term of up to 60 months.

  3. Upload Your Documents

    You will then provide your personal details and upload the necessary documents, all on the app or website.

  4. Get the Loan Amount:

    Once all your documents are approved, you will get the loan amount disbursed to your account in 24 hours.

Personal Loans from Private Finance like MoneyView come with many advantages over applying for a personal loan with traditional sources like a bank or financial institutions. Some of the important advantages for an individual applying for our Online Personal Loans are:

  • Quick Eligibility Check:

    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.

  • End-to-End Paperless Process:

    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.

  • Own Credit Scoring Model:

    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.

  • Available all Across India:

    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.

Instant Personal Loan comes with a lot many advantages as it could be used for many reasons. It is highly flexible as it allows you to choose the amount and tenure based on your requirements. Some of the purposes for which you can use MoneyView Instant Personal loans are:

  1. Emergency Expenses:

    Emergencies come unannounced and can be a drain on your finances. To tide over these emergencies, you could always use a little help in the form of our instant personal loan.

  2. Debt Consolidation:

    Our paperless instant personal loan comes with a low-interest rate starting at 1.33%. So this comes across as a cost-effective method of paying off all your high-interest loans.

  3. Build Credit History:

    A good credit history means a good credit score. Get a personal loan from MoneyView which is pocket-friendly and easy to avail and pay it all back on time to build a solid credit score. It was never easier!

  4. To Repay Credit Card Dues:

    Credit-card outstanding that remain unpaid at the end of the billing period are charged a high rate of interest (30-40% p.a). Use our personal loans to pay off those dues and reduce your financial burden.

  5. Business Ventures:

    Dream about starting your own venture but short on funds? You need not worry about it anymore. Instant personal loans from MoneyView can help you start your own business without worrying about the initial investment.

  6. Home Remodeling:

    Do you need a loan for a home -makeover? You could finance your new-look home improvement project that oozes style with our easy and quick personal loans.

  7. Dream Vacations:

    Leave your stress and worries behind. Head out for a much-needed holiday to an exotic location and fund it with a paperless personal loan from MoneyView.

  8. Fund Education:

    Study as much as you want to without worrying about course fees, be it higher education or school fees.

  9. Buy a Gadget:

    Are you eyeing the latest gadget in the market? Why break your investment for that.? Use an instant personal loan to fund your purchase.

  10. Down Payment of other Loans:

    Big-ticket loans like home loans or vehicle loans require a downpayment of 10-25%. Instant personal loans from MoneyView can work to make up the shortfall or pay the entire amount of down payment.

The entire process of applying for your personal loan from MoneyView is pretty easy and user-friendly. However, we have put in place an easy way to track your application status , if you ever require to do so.

Once you have submitted an application, you can track your application status on our app or website following the steps as mentioned below.

A) If you’ve applied on our website

  1. Go to the login section on our website, Click Here: /apply-loan/signup
  2. Login into your loan account with your registered email ID
  3. Go to the “Dashboard” section of your loan account
  4. Scroll down to the “Application Status” tab to know the status of your loan application

B) If you’ve applied on MoneyView app

  1. Open the Money View app
  2. Register yourself with a valid email ID if you haven’t done it yet
  3. Head over to the “Loans” section
  4. Once you move to the Loans section, you’ll be automatically directed to the “Application Status” screen where you can check your application details
  5. If you have the Money View Loans app, you’ll be directed to the “Application Status” screen automatically as soon as you open it

We would like to see that as many people can avail of personal loans from us, however, it might be possible that your application is rejected. Some of the reasons for which your loan application is rejected could be:

  • Ineligible Annual Income:

    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.

  • Other Financial Commitments:

    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.

  • Poor Credit Score:

    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.

  • Numerous Loan Enquiries & Applications:

    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.

  • Invalid or Incorrect Information:

    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.

  • Unsettled Employment:

    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.

  • Submission of Incorrect Documents:

    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.

1. What are the different ways to apply for a loan at Money View?
Instant and Paperless Personal Loans from MoneyView are very easy to apply. You wouldn’t need to visit a branch of a bank or any financial institution to apply for our loan. You can easily apply for our loan on our website or on our app in four simple steps.

2. What are the basic requirements to get your Personal Loan approved?
The basic eligibility criteria to get your personal loan approved from MoneyView is simple. In short, you need to fulfill the following criteria

  • Be salaried or self-employed

  • Monthly in-hand income of ₹13,500* or more

  • Income should be received in a bank

  • Min Cibil score of 650 or Experian score of 750

  • Should be aged between 21 years and 57 years

3. What are the mandatory documents in applying for an instant loan?
To apply for Instant Personal Loans from MoneyView, you would need to submit just 3 basic documents. We would require copies of Id Proof, Address Proof and Income Proof. Check to see which documents qualify as proof as per our requirement.

4. Do I need to provide any security or collateral or guarantors?
Instant and online personal loans from MoneyView doesn’t have requirement of any security, collateral or guarantors. So when you are in need of a personal loan, just apply without having to worry about providing any guarantee or collaterals.

5. What is the minimum and maximum loan amount?
We provide a wide range where you can borrow any amount between Rs 10000 and Rs 500000.

6. What are the tenure options?
MoneyView Personal Loans allows you to take control of your repayment schedule, so you can choose any tenure of up to 60 months.

7. How much time does it take for the Instant loan to be disbursed?
We try our best to process your loan within a time frame of 2 business hours. This duration of 24 hours does not include the time taken for eligibility check, loan application and submission of the NACH mandate. The 2hr period starts from the approval of your loan application

8. What is the minimum salary required for Instant Loan?
The minimum salary requirement for salaried is in-hand income of Rs 13,500 and that for the self-employed it is Rs 25000. Please go through our detailed minimum salary requirement in association with your credit score and area of residence too.

9. Do you give loans to non-salaried individuals?
Yes, we allow loans to non-salaried individuals too. Please read about the eligibility criteria for self-employed individuals.

10. Will I get a loan If I get my salary in Cash?
At this point in time, we only give loans to those individuals who get their salary via bank transfer – directly from their employer. We will not be able to give loans to those individuals who get their salaries in cash.

11. Can I cancel the loan at any stage?
A personal loan application can be canceled only before the submission of the Loan Agreement Form. Once that is submitted, you will not be in a position to cancel the loan. Please check here to know about cancellation charges levied by us.

12. How can I calculate EMI for a Personal Loan?
EMI for personal loans is a function of the amount of loan availed, the interest rate charged on the loan and the tenure of the loan. When it comes to Instant, Paperless Loans from MoneyView, you do not have to take the trouble of calculating your EMIs, when you fill in the required loan and desired repayment tenure we will calculate the EMI figure for you based on the interest rate applicable for your figures.

13. How do I repay the loan?
Loan is repaid in EMIs which is a combination of your principal and interest amounts. These EMIs get auto-debited from your bank account on the 5th of every month. This is done only after you’ve authorized us to deduct the proposed EMI amount that’s specified during the loan request process in the app.

14. How do I pay the EMI?
Your EMIs will be automatically deducted from your Bank account. So you do not have to worry about keeping track of EMIs and making efforts to pay on the due date. The only thing that you would need to ensure is that there is sufficient balance in your bank account on the due date for the EMI to get deducted.

15. What happens If I’m not able to pay my EMI on time?
The loan amount gets automatically debited on the 5th of every month. If you don’t have the required funds in your account, we allow a grace period of up to 3 days during which you can request a Loan EMI transfer through the app to avoid any late charges. Beyond this time period, a late payment fee will be charged.

If you’re still unable to pay the EMI on time after the grace period, you will have to deal with cheque bounce charges and a separate late payment fee – Rs.500 (cheque bounce charges) + Rs.10/day (late payment fee). This fee will add up until you make the payment for that month.

16. Can I make a manual payment of the EMI?
Yes. If the auto-debit facility is not activated for your linked account, you can pay the EMI loan manually through the ‘Pay Now’ button on our app.

17. Can I make part-payments of the loan amount?
We don’t allow part-payments for the loan. However, we do allow a one-time prepayment of the entire balance loan amount anytime after the payment of a minimum of 3 EMIs.

18. What should I do If I’m willing to pay off the entire loan amount in one go?
If you have already paid a minimum of 3 EMIs, you can pay off the entire balance amount in one go. Please contact us at Phone: 080 4569 2002 or Email: We will assist you in making the repayment.

20. Why can’t I see the loans section on my money view app whereas my friends can see such a section on theirs?
You might be using an older version of the MoneyView App, please update it to see the loans section on your App.

21. What happens if the app crashes when I’m midway through my loan application process?
We have taken all necessary measures to ensure our app is smooth and bug-free. However, if it still crashes for some reason you would be able to restart the application process from the same step where the crash occurred.

22. Does my loan request data get shared with the lender when I apply for a loan?
Yes, your loan request data will get shared with the lender. This is done to facilitate the process of you getting a loan from the lender.

23. Who do I get in touch with If I have any queries or feedback to give?
We would love to hear from you. If you have any queries or feedback please contact us at Phone: 080 4569 2002 Email:

24. What should I do If I no longer want to see any more loan offers from money view?
If you are sure you want to miss out on all the exciting personal loan offers from us please mail us at and we will take your name off the mailing list.