Personal loan in bhopal, personal loan agent in bhopal, personal loan from private finance in bhopal

Are you looking for a personal loan from private finance in Bhopal? You’ve come to the right place. Continue reading to know more.

Personal Loan from a Private Finance in Bhopal

If you are looking for a personal loan agent in Bhopal, look no further for Money View is the perfect lender! 

Instant disbursal, minimal documentation, and a hassle-free application process are the standout features of Money View personal loans. In this article, we will tell you how to easily get a personal loan of upto Rs. 5 lakh.

How to Get a Personal Loan in Bhopal

You can get a personal loan in Bhopal instantly from Money View in four easy steps -

  1. Check your eligibility

Visit the Money View website or download the app . Provide all the details required and we will let you know your eligibility in just 2 minutes

  1. Select your loan plan

Depending on your eligibility, you will have to select the loan amount and repayment term of your choice

  1. Provide required documents

Easily upload all of the necessary documents online for verification - 100% paperless and hassle-free

  1. Instant Loan Disbursal

After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours

Note -

  • Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to  us

  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.

  • On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly

Eligibility Criteria for a Personal Loan in Bhopal

If you meet the eligibility criteria given below, you can easily a personal loan in Bhopal from Money View -

  • 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


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


CIBIL Score of 600 /Experian Score of 650 and above

Documents Required for a Personal Loan in Bhopal

At Money View, we understand the importance of minimal documentation. We require only 3 key documents from you, as given 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, anyone of the officially valid documents given below will suffice

  • Aadhaar Card

  • Valid Indian Passport

  • Valid Voter ID

  • Valid Driver’s License

Anyone 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


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

Fees and Charges for a Personal Loan in Bhopal

Every loan applicant wants to avail a loan that is most affordable. Money View’s personal loans come with competitive interest rates and have no hidden charges whatsoever. Our fees and charges are -

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

  • No additional charges levied

  • Processing fees will also be retained.

Why Opt for Personal Loan in Bhopal from Money View

Money View offers you the convenience of applying for an instant personal loan from the comfort of your home. Furthermore, you will enjoy the following benefits:

  • You can check your eligibility within just 2 minutes

  • The loan amount you can avail can be as low as Rs.5,000 and up to Rs.5,00,000.

  • People with a low credit score can also apply for a loan from Money View thanks to our unique in-house credit model.

  • You can get your loan amount within 24 hours of loan application approval

  • We believe in minimal documentation, hence we require only 3 documents from you

  • From loan application to approval, the process is 100% digital

  • You can enjoy flexible loan tenures and easy repayment options.

In Conclusion

Getting a personal loan in Bhopal has never been easier. These loans are provided at competitive rates and flexible repayment tenures. So what are you waiting for?  Visit the Money View website or download the app and apply today.

Personal Loan in Bhopal - Related FAQs

Some of the reasons for which you can avail a personal loan in Bhopal 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

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.

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

Fees & ChargesAmount Chargeable
Foreclosure ChargesNil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-
Up to 6 monthsNot allowed
7 - 18 monthsAllowed after 6 EMI payments
Over 18 monthsAllowed after 12 EMI payments
Part- Prepayment ChargesPart-prepayment is not allowed

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

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.

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