Personal Loan in K.V.Rangareddy
Know More about Cyberabad
One of the most popular districts of Telangana, K.V.Rangareddy is also referred to as Cyberabad. This district has been named so after the former deputy chief minister of the joint state of Andhra Pradesh – Mr Konda Venkata Ranga Reddy.
This district gets its nickname from the technological bloom witnessed here post 1998. With IT as a prominently growing industry here, more and more people from all around India who wanted to grow in the IT industry headed here, earning this district its quirky name, Cyberabad.
Today, K.V.Rangareddy continues to flourish as the IT spearhead it has proven to be, gaining momentum everyday and bringing in more revenue to the new formed state. Having said that, K.V.Rangareddy as a district shows immense promise in the financial frontier too, as it has so much to offer.
But, with so many facilities at disposal, getting a personal loan in K.V.Rangareddy is still not as easy as one would have thought it to be.
Finances in Cyberabad
Though the district is popular for its technological prowess and outreach, it has not yet reached the financial sector. The finances in K.V.Rangareddy are still traditional, as banks follow decade old procedures of giving out a loan.
Even getting a personal loan ICICI would have you go through an endless array of procedures, which in a time-sensitive scenario would backfire massively. Any bank which follows the traditional method of loans would be sceptic about giving out a personal loan.
A personal loan, by definition, is an unsecured loan which a does not necessitate you to pledge a collateral against your loan amount. In case of a default, banks therefore have nothing to fall back on. However, these loans are linked to your credit scores, which mean that if you default the payment of the loan you take, your scores take a hit for the worse.
You would then not stand a very good chance in the future when it comes to getting any sort of financial assistance from the bank, no matter how dire your need stands.
How can I get help in K.V.Rangareddy in case of an Emergency?
Personal loan eligibility also has the potential to hinder your process of getting an instant loan, as not all may fall into the bracket of its eligibility criteria. When getting a personal loan in K.V.Rangareddy seems difficult, you turn to MoneyView.
MoneyView is where all your financial difficulties are taken care of, with the negligible amount of hassle to go through. All you need to do is download the MoneyView app and apply for a loan online. You have your loan amount almost immediately.
Not just that, but you also get loads of other features with MoneyView that makes repayment easier than ever before. Here is a glimpse to what we have to offer so that your loans get efficient and convenient for you to opt for:
- Instantaneous loans: You get to apply for your desired amount – anywhere between Rs 10,000 to Rs 5 lacs – and you get to have your loan in a matter of hours. This is because of our speedy online verification procedure in place which speeds up the whole process incredibly, giving you your desired loan amount faster than you expected.
- Flexible loans: Imagine getting a loan that is customizable as per your needs. At MoneyView you get just that. You now get to choose your repayment tenure, from anywhere between 3-12 months, so that you can plan out your loan the way you want. No longer would your repayment of the principal amount fall too heavy on your monthly expenses as you get to structure your repayment as per your convenience.
- Paperless Process: Having an end-to-end paperless process would speed up the whole process of getting you a loan, as things are faster when done online. With our start-to-end paperless process, you get the mobility to apply for a loan from anywhere, anytime.
To wrap it up
Loans are meant to offer you financial assistance in times when you are evidently short on funds. Giving you the loan you asked for, when you ask for it, is giving you the right financial help.
At MoneyView, the ideology behind our very inception is to make India financially fit. So download the app today, and experience finances like never before.
To know more about the services we offer, please click here.
For Salaried – Min ₹ 14,000 In Hand Salary
For Self Employed – Min. ₹ 25,000 Income with 2 years Income Tax Return Filed
You can borrow as low as ₹ 10,000 and as high as ₹ 5,00,000. The maximum amount depends on your eligibility.
You can borrow for minimum 3 months to maximum 24 months.
The loan application for Money View is paperless which means that no physical document submission is required.
You need the following documents to apply for a loan with us
- Aadhaar card
- PAN Card
- Address proof
- Last 3 months bank statement
- 2 years IT Returns (in case you are self-employed)
EMI is deducted 5th of every month from your bank account.
At the time of application, you agree to a NACH mandate which enables us to deduct the EMI amount from your specified bank account.
In case your EMI auto-debit is bounced, there will be a bounce charge along with the daily penalty for delay of EMI.
Also in case you are not able to pay the EMIs, your CIBIL score might drop for every EMI default.
We assess your credit worthiness not only from your CIBIL score but also your transactional SMS data. Hence, when you download the app it helps us give you the best loan offer.
You can close your loan anytime after 3 months of taking the loan. There are penalty charges for foreclosure