Personal Loan in Indore

Why Should you Opt for Personal Loans in Indore from Moneyview

Flexible Loan Amount

You can avail personal loans of up to Rs. 5 lakhs

24 Hour Loan Disbursal

We understand the urgent need for finance which is why our loans are credited to your account by our lending partners within 24 hours of application approval.

Collateral Free Loans

To apply for a personal loan through Moneyview, you don’t have to pledge any asset or arrange for a guarantor

Affordable Interest Rates

We understand how important interest rates are as they determine the EMI amount to be paid. At Moneyview, the interest rate starts at just 10% per annum

Hassle-free Online Process

You can apply for a personal loan from Moneyview at any time from anywhere. You do not have to physically travel to a lender anymore.

Repayment Tenure

Repayment term of upto 60 months. Choose what works best for you.

Loans on Low Credit Score

The minimum score required is a CIBIL score of 600 or Experian score of 650.

Instant Eligibility Check

Imagine checking for your eligibity within just 2 minutes! This is possible if you are applying for a personal loan MoneyView.

Eligibility Criteria for Personal Loans in Indore from Moneyview

Fulfill the eligibility criteria given below to avail online personal loans in Indore from Moneyview -

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 applicant's bank account

Credit score must be a minimum CIBIL score of 600 or a minimum Experian score of 650

Given below is a city-wise breakdown of the income and credit score requirements -

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

How to Apply for a Personal Loan in Indore Through Moneyview

Check Eligibility

Whether you are a self-employed individual or a salaried person, your age should be between 21 and 57 years to be eligible for personal loans from Moneyview

Select Loan Tenure

Decide the loan amount you need and choose the payback period based on your eligibility

Upload Documents

Along with the application form, you need to provide all necessary documents

Amount Disbursed

Once your documents get verified and your application is approved, your loan amount will be credited to your bank account within 24 hours

Personal Loan in Indore - FAQs

1. Can those with a low CIBIL score avail personal loans in Indore from Moneyview?

While most banks and lenders require applicants to have a CIBIL score of 750 and above, Moneyview's lending partners use unique algorithms to understand a borrower’s creditworthiness.
Therefore even those with relatively low credit scores can avail personal loans from Moneyview. However, a minimum CIBIL score of 600 and above or a minimum Experian score of 650 and above is necessary.

2. Is there an option for part-prepayment of a personal loan?

No, you cannot part-prepay your personal loan amount.

3. Can I foreclose my personal loan in Indore from Moneyview?

Yes, you can foreclose your loan from Moneyview but only after paying a minimum of 6 EMIs -

Fees and 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

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 OR Self-Employed Applicants - Last 3 months’ bank statements in PDF format

Fees and Charges	Amount Chargeable
Interest Rate	Starting from 10% per annum
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 The interest amount for the period between loan disbursement and loan cancellation will be payable. Processing fees will also be retained.

Contact Us

Get Personal Loans of upto Rs. 5 Lakh within 24 Hours

Why Should you Opt for Personal Loans in Indore from Moneyview

Eligibility Criteria for Personal Loans in Indore from Moneyview

Documents Required for Personal Loans in Indore from Moneyview

Fees and Charges for a Personal Loan in Indore

How to Apply for a Personal Loan in Indore Through Moneyview

Loan EMI Calculators

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Conclusion