Are you looking for a personal loan in Ahmedabad that is affordable and is easy to avail? You’ve come to the right place. Continue reading to know more.
If you are typing ‘personal loan from private finance in Ahmedabad’ or ‘personal loan financer in Ahmedabad’ then the best option to avail a personal loan in Ahmedabad would be from Money View.
One of the most trusted loan providers in the country, Money View offers personal loans of upto Rs. 5 lakh with minimal documentation and a hassle-free application process.
While there are a number of personal loan financers in Ahmedabad, Money View offers unique features and benefits as given below -
Minimal Documentation
We require just 3 documents - ID proof, address proof, and income proof
No Collateral or Guarantor
There is no need for a guarantor or collateral to get Money View personal loans making it easier to get a personal loan quickly
Flexible Loan Amount
Choose a loan amount of up to Rs. 5 lakhs based on your eligibility
Flexible Repayment Term
Choose repayment term of up to 60 months based on your eligibility
Loans with Low Credit Score
Even if your credit score is low, thanks to Money View’s unique credit rating model, you can still avail a personal loan in Ahmedabad from us
100% Paperless
Enjoy a complete online process, right from application to loan disbursal
24 Hour Disbursement
Once your loan application is approved, your loan amount will be sent to you within just 24 hours
Given below is Money View’s simple eligibility criteria for personal loans in Ahmedabad -
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 |
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 |
Given below are the documents required to avail personal loans in Ahmedabad. As mentioned previously, we only need three documents -
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
|
Any 1 of the following -
|
Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits OR Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed |
If you fulfill our eligibility criteria and have the necessary documents in place, you can follow the steps given below to apply easily -
Select Your Loan Plan
Depending on your eligibility, you will have to select the loan amount and repayment term of your choice
Provide Required Documents
Easily upload all of the necessary documents online for verification - completely digital and hassle-free
Instant Loan Disbursal
After all your documents are verified and your application is approved, the loan amount will be sent to your account within 24 hours
Note -
Getting personal loans in Ahmedabad is now easier than ever. Not only do our personal loans come with a flexible repayment schedule, they are also easy to avail and disbursed within 24 hours of application approval. So what are you waiting for? Visit the Money View website or download the app and apply now.
Currently we only provide loans to those individuals whose salary gets credited directly to their bank account. We will not be able to give loans to applicants who get their salaries in cash.
Money View personal loans are provided at competitive rates as given below -
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 |
Loan Cancellation |
|
Having a high credit score is essential to avail personal loans at affordable rates and convenient terms. However, at Money View, we use a unique credit rating model that assesses an applicant’s creditworthiness on factors other than just his/her credit score.
Therefore, even if the applicant was a CIBIL defaulter, as long as his/her CIBIL score is above 600, then a personal loan in Ahmedabad from Money View can be availed.
Our personal loans are extremely versatile. You can use Money View personal loans for a number of purposes such as -
To fund a wedding
For home-repairs
To fund a business venture
Medical expenses
Education purposes
For vacation
To pay off credit card bills or build credit score
To buy the latest gadget
For a loan down payment
It is not possible to avail personal loans without providing income proof as the lender needs to verify your repayment ability. However, at Money View we ensure that our customers have to provide just the minimum number of documents required and this includes - proof of identity, proof of address, and proof of income.