Check If You are Eligible for an Personal Loan

  • Employment Type
  • You must be Salaried or Self Employed (own business)

  • Monthly Income
  • Your monthly in-hand income should be Rs 13,500/- or more. To know more, click here.

  • Income in Bank
  • Your salary must be directly credited to your bank account

  • Credit Score
  • You must either have a minimum CIBIL score of 600 or a minimum Experian score of 650. Low Credit Score? You may still get a loan based on our own credit-assessment model.

  • Age
  • Applicants must be between the ages of 21 years to 57 years

Do you fulfill the above criteria? Check your custom loan offer in 2 minutes by clicking here!

Personal Loan Eligibility Criteria Based on the Applicant’s City of Residence

The income and credit score requirement vary based on the applicant’s city of residence as illustrated in the table given below -

Income and Credit Score Eligibility Criteria
Salaried Individuals Minimum In-Hand Income Area of Residence CIBIL Credit Score Requirement
Rs 13,500 Any 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 Any CIBIL Score of 600 /Experian Score of 650 and above

Money View Personal Loan Eligibility

Given below are some of the factors that affects your personal loan eligibility -

  • Credit Score
  • Your credit score is a numerical measure of your credit worthiness. If you have a high credit score (>700) then you are considered to be less risky in terms of defaulting on your repayments and can therefore avail a higher amount of loan at lower interest rates.

  • Income Level
  • Higher the income, higher is the repayment ability as long as there aren’t multiple loans active at the same time. At Money View, we require applicants to have a minimum monthly in-hand income of Rs. 13,500 or above for those who are salaried and Rs. 15,000 or more for those who are self-employed.

  • Age
  • Another factor that determines eligibility is your age. Usually those currently in the earning bracket can avail loans easily. At Money View, you must be between the ages of 21 to 57 in order to avail personal loans.

  • Area of Residence
  • Those in Tier - I cities usually have a higher income and credit score requirement as compared to those living in Tier -II and Tier -III cities as the income as well as expenses may be higher making the repayment a little more riskier.

  • Type of Employment
  • Lower the risk associated with repayment, lower is the interest rate imposed. Salaried applicants are generally considered to pose less risk as compared to self-employed applicants.

Personal Loan Eligibility - Related FAQs

In order to be eligible to get a personal loan from Money View, you must meet the following criteria -

  • You must be salaried or self-employed
  • Your monthly in-hand income must be Rs. 13,500 and above for salaried applicants and Rs. 15,000 and above for self-employed applicants
  • Your income must be credited directly to your bank account
  • You must either have a minimum CIBIL score of 600 or a minimum Experian score of 650
  • You must be between the ages of 21 years and 57 years

If you fulfill the above personal loan eligibility criteria, you can apply for a loan from Money View and finish our eligibility check which only takes two minutes. Based on this, we will create a custom loan offer tailored to meet your needs and requirements.

Money View personal loan eligibility check takes just 2 minutes to complete. You can check your personal loan eligibility by either visiting the Money View website or by downloading our app.

The maximum amount you can borrow from Money View is Rs. 5 lakhs. However, we provide a custom offer for each applicant based on their eligibility criteria therefore this amount may vary.

At Money View, we use a unique in-house credit scoring model that determines your eligibility based on various factors. Therefore, even those with relatively low credit scores can avail personal loans from Money View. However, the minimum credit score score required is a CIBIL score of 600 or Experian score of 650.

The entire process of applying for and availing a personal loan from Money View is online and 100% paperless. Given below are the list of documents needed to get a personal loan from Money View -

Category Acceptable Documents
Identity Proof

The preferred ID proof is your PAN card. However, if your card is rejected for certain reasons such as image quality issues, etc. any 1 of the officially valid documents given below will be accepted.

  • Aadhaar Card
  • Valid Driver's License
  • Valid Indian Passport
  • Voter ID Card
Address Proof(Any 1)
  • Aadhaar Card
  • Utility Bill – (Telephone Bill/Electricity Bill/Gas Bill/Water Bill) – all bills should be dated within the last 60 days and must have your name & address mentioned clearly
  • Valid Driver's License
  • Valid Indian Passport
  • Voter ID Card
Income Proof

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