Not many are aware of this small city in the state of Andhra Pradesh. A religious city, Chittoor houses temples galore.
Blessed for its oneness with the Almighty, this city has fertile lands and expansive stretches of natural beauty which would never fail to impress. This city is also one of the major exporters of mangoes, sugarcane, and even peanuts. People here get the opportunity to expand their businesses and flourish as this city has immense scope to explore.
The lending company moneyview is one of the most sought-after and trusted providers of loans in Chittoor. Take a look at some of the features and benefits of personal loans from moneyview:
Customers have full freedom to decide the loan amount they wish to avail. Any amount between Rs.5, 000 and Rs.5, 00,000 can be borrowed based on their eligibility.
moneyview’s eligibility check is easy and takes just under 2 minutes. The calculations will be taken care of by us and applicants will only have to provide a few basic details
moneyview’s flexible repayment plans allow applicants to decide their own repayment tenure that can stretch up to 60 months or 5 years.
The entire process is paperless and once approved, the loan amount will be credited within a period of 24 hours
Maintaining a high credit score is of the utmost importance as doing so will ensure that one can avail of a loan at lower rates of interest and a lot more easily as well. However, this is not an easy process and sometimes slip-ups do occur.
This does not mean that individuals cannot avail of personal loans at all.
While building one’s credit score is highly recommended, personal loans can still be availed with a lower credit score as well. moneyview uses its own credit model that has been designed by experts and makes use of a unique algorithm where creditworthiness is decided differently.
However, individuals must have a minimum CIBIL score of 600 or a minimum Experian Score of 650 which is much lower than what most banks charge.
Take a look at the fees and charges that have been put forth by moneyview -
Fees & Charges |
Amount |
Interest Rate |
Starts at 1.33% per month |
Loan Processing Charges |
Starts at 2% and up to 8% of the approved loan amount |
Loan Foreclosure |
|
Interest on Overdue EMIs |
2% per month on the overdue EMI/Principal loan amount |
Interest on EMIs that are overdue |
2% per month on the EMI loan amount that is overdue |
Cheque Bounce |
Rs 500 for every cheque bounce |
The biggest advantage of personal loans is the fact that it can be used for a variety of needs, especially emergencies. Keeping this in mind, the eligibility criteria for moneyview personal loans are uncomplicated as given below -
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 |
Additionally, applicants must be between the ages of 21 and 57 years and their income must be credited to their bank account.
moneyview does not believe in extensive and complicated documentation processes. The documents required are as follows:
ID Proof
An original identity proof that is government issued and clearly displays the date of birth is allowed. Certain examples are Aadhaar Card, Voter ID, Driver’s License (not expired), or PAN card.
Address Proof
An original document that has been issued by the Government of India that displays the current address of the applicant can be submitted. These include an Aadhaar card, Utility bills such as electricity, telephone, etc., a Ration Card, Voter ID, Bank Statement, etc. Applicants must note that utility bills and bank statements are only accepted if they have been generated within the past 60 days.
Income Proof
For salaried individuals, the previous three months’ salary slips that showcase important details such as the name of the employer or the past three months’ bank statements in PDF format showing salary credits are valid.
moneyview is known for having one of the quickest and easiest application processes in the market today and consists of just 4 steps.
Step 1 - Check Eligibility
We have a very simple eligibility process in place. Customers will have to fill in the necessary details after which they can find out if they are eligible within just two minutes.
Step 2 - Select Plan
Customers have the option of choosing a plan that is most suited to their needs and requirements. Any amount between Rs. 5, 000 to Rs. 5, 00, 000 can be selected along with a repayment term of up to 5 years or 60 months.
Step 3 - Upload Documents
Once the above steps have been completed, customers will have to give the relevant personal details and upload all the information necessary directly to the app or the website.
Step 4 - Avail the Loan
And voila! After all the documents have been approved, the loan amount will get disbursed directly to the customer’s bank account within a period of 24 hours.
Moneyview has made it easier for everyone in Chittoor to get personal loans at the best and most affordable interest rates. Not only is the application process simple and hassle-free, but it also requires minimal documentation and a quick verification process.
So, you will receive your loan within 24 hours of applicational approval. Moreover, these loans come with a flexible repayment schedule. So why wait? Visit the Moneyview website or download the loan app and apply now.
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