Avail Affordable Loans within 24 Hours Easily
Instant personal loans are beneficial if you are looking for urgent financial help. In order to avail a personal loan in Coimbatore, you will just need to follow a few simple steps.
One of the leading loan providers in the country, Money View offers versatile personal loans of upto Rs. 5 lakh with flexible repayment options of upto 60 months.
Applicants who meet the eligibility criteria can avail instant loans easily through a hassle-free application process.
Just follow the simple steps given below to instantly receive a personal loan in Coimbatore from Money View -
Check your eligibility
Visit the Money View website or download the app, provide all the necessary details, and we will let you know your eligibility in just 2 minutes
Choose your loan plan
Based on the options given, you will have to select the loan amount and repayment term of your choice
Provide documents
Easily upload all of the necessary documents online for verification
24 hour 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
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 the need for 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
Here’s our easy eligibility criteria -
Applicants must be between 21 years and 57 years
Applicants must receive a monthly 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 Money View’s minimal documentation requirements -
|
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 |
Affordable loans are extremely important which is why our fees and charges are economical without any hidden charges -
|
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 |
|
Emergencies and monetary requirements can strike at any time and if your income is not enough, a personal loan is definitely helpful. An instant loan is beneficial as it can be availed within 24 hours of loan approval. All you need to do is visit the Money View website or download the app and apply.
Money View provides a number of unique advantages that are not provided by other lenders. These include -
Flexible Loan Amount and Repayment Tenure
Money View offers personal loans of up to Rs. 5 lakhs and a repayment term of upto 60 months. So you can opt for what suits your requirements the best
Low Interest Rates
We understand how important affordable personal loans are. Therefore, Money View interest rates start at 1.33% p.m.
24 Hour Loan Disbursal
Our personal loan is disbursed to your bank account within 24 business hours after the approval.
Hassle-free Online Process
You can apply for a personal loan from Money View at any time from anywhere. No more travelling to a bank and waiting for days
Available Even For Applicants with Low-Credit Scores
Money View provides personal loans to anyone with a CIBIL score of 600 or Experian score of 650 and above. We have our own in-house credit model that helps us assess the creditworthiness of our customers
Yes, you can foreclose your Money View loan but only after paying a minimum of 6 EMIs -
| 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-
| ||||||||
| Part- Prepayment Charges | Part-prepayment is not allowed |
Unlike other lenders, Money View uses a unique algorithm to deduce an applicant’s creditworthiness. Therefore, even if your credit scores are low you can still avail a loan as long as you have a minimum CIBIL score of 600 or minimum Experian score of 650.
Once you have submitted an application, you can track your application status on our app or website by following the steps below -
A) If you’ve applied on our website
Go to the login section on the website by clicking here: /apply-loan/signup
Login into your loan account with your registered email ID
Go to the ‘Dashboard’ section of your loan account
Scroll down to the ‘Application Status’ tab to know the status of your loan application
B) If you’ve applied on the Money View app
Open the Money View app
Register yourself with a valid email ID if you haven’t done it yet
Head over to the ‘Loans’ section
You will then be automatically redirected to the ‘Application Status’ screen where you can check your application details
If you have the Money View Loans app, you’ll be directed to the ‘Application Status’ screen automatically as soon as you open it
Money View personal loans are extremely versatile. You can use them for the following purposes, for example -
Emergency Expenses
Dream Vacations
Debt Consolidation
To Repay Credit Card Dues
Business Ventures
Down Payment of other Loans
Servicing or Modifying your vehicle
Home Remodeling
Buy a Gadget
Fund Education
