Personal Loan in Bangalore

Q: 1. What Can I Use Money View Personal Loans For?

Ans: Some of the reasons for which you can avail a personal loan in Bangalore from Money View are -To buy household gadgets like fridge, washing machine, etcTo pay down-payment for another loanTo clear credit card duesFor house renovation expensesPay fee for college/school educationTo pay for a vacationTo pay for the repair/breakdown of your vehicleTo meet wedding expensesTo meet expenses towards relocationTo buy an expensive gadget

Q: 2. Can I Get An Instant Loan In Bangalore With A Low CIBIL Score?

Ans: At Money View, we use an in-house credit rating model to assess our applicant’s credit worthiness. As long as your CIBIL score is over 600, you can avail personal loans from us.

Q: 3. Can I Foreclose My Personal Loan?

Ans: Yes, you can foreclose your personal loan after a certain number of EMIs have been paid, as illustrated below - Fees ChargesAmount ChargeableForeclosure ChargesNil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-TenureForeclosureUp to 6 monthsNot allowed7 - 18 monthsAllowed after 6 EMI paymentsOver 18 monthsAllowed after 12 EMI paymentsPart- Prepayment ChargesPart-prepayment is not allowed

Q: 4. I Am Self-Employed. Can I Still Get An Instant Loan In Bangalore?

Ans: Yes, we do lend to self-employed applicants. However, you must fulfill the eligibility criteria given below -Your monthly in-hand income must be above Rs. 15,000 per monthIncome must be credited to a bank accountYou must be between 21 to 57 years oldYou must have a CIBIL score of 600 and above or an Experian score of 650 and above

Q: 5. Will I Get A Loan If I Get My Salary In Cash?

Ans: As of now, we only provide loans to applicants whose salary gets directly credited to their bank account. We are not providing loans to applicants who get their salaries in cash.

Home
Personal Loan
Personal Loan in Bangalore

Apply Online

Features and Benefits of Personal Loan in Bangalore

Flexible Loan Amount

Choose any loan amount of upto Rs. 5 lakhs

Quick Eligibility Check

Your eligibility check from Money View website or download the app takes only 2 minutes saving energy and time.

Collateral Free Loans

You don’t have to arrange for any guarantor or pledge any asset while applying for personal loans from Money View

Affordable Interest Rates

Avail loans at affordable rates starting at just 1.33% per month

Completely Paperless

Submit three documents - ID proof, address proof, and income proof - and you’re done!

Flexible Repayment Term

Applicants can enjoy flexible repayment tenures of up to 5 years

Loans on Low Credit Score

Get a loan If you have a minimum CIBIL score of 600 or Experian score of 650.

24 Hour Disbursal

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

Moneyview – Your Best Bet for a Personal Loan in Bangalore

The silicon valley of India, garden city of India, and also the capital of Karnataka, Bangalore or Bengaluru is one of the most charming and iconic cities in the country. From the vibrant cultural heritage to the wonderful weather, there’s much to love about Bangalore.

However, as is the case with most metropolitan cities, Bangalore is an expensive city to live in. but thanks to moneyview, you will no longer have to worry about your finances. Read on to know how.

Moneyview offers some of the best personal loans in the country. Easy to avail, instant disbursal, and flexible repayment schedules are just some of the advantages offered. You can apply for and receive the loan amount from the comfort of your home. Additionally, there’s no need for collateral either.

Why Should you Opt for Money View Personal Loans

Avail loan amounts from Rs. 5,000 to Rs. 5,00,000
Flexible repayment terms of up to 60 months
Affordable Interest rates starting at 1.33%
Loans available even for those with low credit score
Minimal documentation requirement
Entire process from application to disbursal is completely online
24 hour loan disbursement post approval of loan application

"ನಿಮ್ಮ ಮನೆಯನ್ನು ಅಲಂಕರಿಸುವುದು ತುಂಬಾ ದುಬಾರಿಯಾಗುತ್ತಿದೆಯೇ? ಚಿಂತಿಸಬೇಡಿ! moneyviewನಿಂದ 5 ಲಕ್ಷದ ವರೆಗೆ ತ್ವರಿತ ಸಾಲಗಳನ್ನು ಸುಲಭವಾಗಿ ಪಡೆಯಿರಿ. ಈಗ ಖರ್ಚಿನ ಬಗ್ಗೆ ಚಿಂತೆ ಯೇಕೆ?"

Eligibility Criteria for a Personal Loan in Bangalore

In order to avail an instant personal loan in Bangalore from Money View, you will have to 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	Any	CIBIL Score of 600 /Experian Score of 650 and above
	Rs 20000	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 15000	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

Documents Required for a Personal Loan in Bangalore

In order to get an instant loan in Bangalore from Money View, you need only 3 key documents, as listed below -

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

Personal Loan Interest Rates and Other Charges

Money View loans are pocket-friendly and fit into your budget, making our personal loans one of the best 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 Foreclosure 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.

How to Apply for An Instant Personal Loan in Bangalore

Check Eligibility

Find out the maximum loan amount you’re eligible for online in 2 minutes

Select Loan Tenure

Choose a custom loan amount and the repayment period that suits your financial needs

Upload Documents

Provide your personal details and upload the necessary documents, all on the app or website

Amount Disbursed

Get the loan amount disbursed to your account in 2 hours of approval

Loan EMI Calculators

Personal Loan EMI Calculator

Education Loan EMI Calculator

Bike Loan EMI Calculator

Car Loan EMI Calculator

Home Loan EMI Calculator

Gold Loan EMI Calculator

Business Loan EMI Calculator

Mortgage Loan EMI Calculator

Calculate Your EMI

Use our easy EMI calculator to plan your loan's EMI, interest & repayment schedule.

CALCULATE EMI

Conclusion

Availing an instant loan in Bangalore is now hassle-free and convenient with Money View. All you need to do is fulfill the eligibility criteria, submit the required documents, and avail the loan within 24 hours. If you need a personal loan in Bangalore, visit the website or download the app and apply now!

Personal Loan in Bangalore - Related FAQs

1. What Can I Use Money View Personal Loans For?

Ans: Some of the reasons for which you can avail a personal loan in Bangalore from Money View are -

To buy household gadgets like fridge, washing machine, etc
To pay down-payment for another loan
To clear credit card dues
For house renovation expenses
Pay fee for college/school education
To pay for a vacation
To pay for the repair/breakdown of your vehicle
To meet wedding expenses
To meet expenses towards relocation
To buy an expensive gadget

2. Can I Get An Instant Loan In Bangalore With A Low CIBIL Score?

Ans: At Money View, we use an in-house credit rating model to assess our applicant’s credit worthiness. As long as your CIBIL score is over 600, you can avail personal loans from us.

3. Can I Foreclose My Personal Loan?

Ans: Yes, you can foreclose your personal loan after a certain number of EMIs have been paid, as illustrated below -

Fees & Charges

Amount Chargeable

Foreclosure Charges

Nil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-

Tenure	Foreclosure
Up to 6 months	Not allowed
7 - 18 months	Allowed after 6 EMI payments
Over 18 months	Allowed after 12 EMI payments

Part- Prepayment Charges

Part-prepayment is not allowed

4. I Am Self-Employed. Can I Still Get An Instant Loan In Bangalore?

Ans: Yes, we do lend to self-employed applicants. However, you must fulfill the eligibility criteria given below -

Your monthly in-hand income must be above Rs. 15,000 per month
Income must be credited to a bank account
You must be between 21 to 57 years old
You must have a CIBIL score of 600 and above or an Experian score of 650 and above

5. Will I Get A Loan If I Get My Salary In Cash?

Ans: As of now, we only provide loans to applicants whose salary gets directly credited to their bank account. We are not providing loans to applicants who get their salaries in cash.