Also known by the ancient name of Elagandula, Karimnagar is a city and a District Headquarter located in the state of Telangana. The city is a major urban agglomeration and is also the 5th largest city in the state.
The city is the largest and fastest-growing urban settlement in the state and is situated on the banks of the Manair River.
A major business centre, education, and health hub, Karimnagar is widely known for its agricultural and granite industries which have also helped the city to be known as the “City of Granites.”
If you’re in Karimnagar, what better way to seek financial assistance for different requirements than obtaining an unsecured loan?
So, let’s walk you through the process of obtaining a personal loan in Karimnagar from moneyview.
The following reasons make moneyview the preferred choice for obtaining personal loans in Karim Nagar.
At moneyview, personal loans are provided to customers of up to Rs. 5 Lakhs based on their eligibility.
Once the customer’s loan application is approved, the loan amount is disbursed to the customer’s preferred account within 24 hours.
moneyview requires only a minimum number of documents from customers.
To make it easy for the customers, we offer the process right from the application to the disbursal of the loan completely online.
Keeping in mind our customers, our rate of interest starts at an extremely affordable 1.33% per month for the convenience of the customers.
In order to avail an instant loan in Karimnagar, a customer needs to fulfill the below-mentioned criteria -
The applicants need to be between the age of 21-57 years
Applicants must hold an in-hand income of Rs. 13,500 or more, monthly, if they are salaried.
On the other hand, if they are self-employed, the personal loan applicants should have a monthly in-hand income of Rs. 15,000.
The income of the applicants must be directly credited to the bank account of the applicant.
The credit score must be a minimum CIBIL score of 600
It can alternatively be the minimum Experian score of 650.
Our documentation requirements are minimal. We will only require the following -
Your PAN number
Your mobile number will have to be linked to your Aadhaar card for KYC verification
You will also have to enable the auto-debit facility from your bank account. This is a quick process where you can use a debit card, net banking, or NACH form.
The auto-debit facility will help you pay your EMIs automatically every month without the need for manual intervention.
At moneyview, the motive is to give loans that are pocket friendly and can fit into the budgets of the applicants easily.
This is what makes moneyview stand apart and different from other online lenders and NBFCs. Listed below are certain competitive interest rates and other charges.
The interest rate we charge starts from 1.33% per month.
The loan processing charges start from 2% which goes up to 8% of the approved loan amount.
Part payments of the loan cannot be made. The foreclosure of the loan can be done only after paying a minimum of 3 EMIs.
An interest rate of 2% is charged per month on overdue EMIs.
Rs 500 is charged for every cheque that gets bounced.
The applicant needs to check their eligibility to take the loan which can be done online in barely 2 minutes.
Based on the eligibility, customers can choose the loan amount and repayment term from the options provided.
Once the details of the loan are finalised, the customer needs to fill in these details and upload all the necessary information and valid document proofs. These can be uploaded on the app or the website.
Once moneyview receives the information, on the basis of these along with the credit score, moneyview will create a personalized offer for the customer with the number of EMIs, the tenure, repayment amounts, etc.
Once the loan application has been approved, the loan amount will be disbursed to the customer’s bank account within a few hours.
moneyview operates on 3 main principles:
With hassle-free and convenient work, ensuring 100% transparency and zero failures, all the applicants have to do is fulfill the eligibility criteria needed, submit their documents, and avail of the loan within 24 hours.
With the presence of moneyview, the process of applying for personal loans has become much easier in Karimnagar. The personal loans issued by moneyview can be used for various purposes.
The EMI on a Rs. 2 lakh loan in Karimnagar at an interest of 11.99% per annum is Rs. 17,769 for 1 year, Rs. 9,414 for 2 years, Rs. 6,642 for 3 years, Rs. 5,266 for 4 years, and Rs. 4,488 for 5 years. You can easily find this out by using a personal loan EMI calculator.
Moneyview is an app that gives the fastest personal loans in Karimnagar. Without the requirement of a guarantor or collateral, absence of hidden costs, and super-quick online processing, you get personal loans disbursed in your accounts within 24 hours of application.
24 Hours. The loan amount is deposited into your bank account within 24 HOURS of approval.
Yes. Our unique credit rating system allows us to lend money to applicants with low credit scores. However, we require a minimum CIBIL score of 600 or an Experian score of 650 to approve the loan.
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