Features and Benefits of Personal Loans in Kerala

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Flexible Loan Amount

Money View offers personal loans of up to Rs 5 lakhs. So you can avail any amount that meets your requirements.

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Instant Loan Disbursal

Our personal loan is disbursed to your bank account within 24 business hours after the approval.

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Collateral Free Loans

You don’t have to arrange for any guarantor or pledge any asset while applying for personal loans from Money View

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Affordable Interest Rates

The interest rate for Money View online loans in Kerala starts from 1.33% p.m.

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100% Online

You can apply for a personal loan comfortably from home, from your workplace, or while travelling without wasting any time or effort.

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Flexible Repayment

Choose repayment term of upto 60 months

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Loans on Low Credit Score

Money View provides personal loans to anyone with a CIBIL score of 600 or Experian score of 650 and above.

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Quick Eligibility Check

You will be surprised to learn that our eligibility check takes only 2 minutes

Personal Loan in Kerala

Lush greenery, stunning beaches, and serene backwaters makes Kerala one of the most beautiful states in the country. On the holiday list for most Indians, Kerala offers diverse landscapes and vibrant cultural heritage.

If you are in Kerala and are looking for a personal loan, how about one from moneyview? 

These loans are not just easy to get, they are also disbursed within 24 hours and require minimal documentation.

Eligibility Criteria for a Personal Loan in Kerala

For Salaried Individuals

  • Applicants must be between 21 years and 57 years
  • Income must be credited directly to the applicants’ bank account
  • Minimum in-hand Income and Credit Score requirement is as follows-
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

For Self-Employed Individuals

  • Applicants must have a minimum In-hand income of Rs. 15,000 per month
  • Income must be directly credited to the applicants’ bank account
  • A minimum CIBIL score of 600 or more or Experian score 650 or more
  • Applicants must be between the ages of 21 years and 57 years

Enjoy the benefits of minimal documentation. All we need are three documents from you -

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)
  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
 Any 1 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 if you are self-employed

At Money View, we focus on making our loans affordable for our customers. Check out our fees and charges below -

Fees & 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
  • No additional charges levied
  • Processing fees will also be retained

How to Apply for a Personal Loan in Kerala

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Check 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

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Select Loan Tenure

Based on the options given, you will have to select the loan amount and repayment term of your choice

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Upload Documents

Easily upload all of the necessary documents online for verification

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Amount Disbursed

After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours

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Conclusion

If you live in God’s Own Country, you can easily avail loans from Money View. Not only are these loans easy to avail, the documentation requirements are also minimal, while ensuring quick disbursal. There are a number of additional benefits as well. So what are you waiting for? Visit the Money View website or download the app to apply today.

Personal Loan in Kerala - Related FAQs

The beauty of a personal loan is that you can use it for any purpose as per your need. Some of the common purposes for which a personal loan can be used for is as follows -

  • Emergency Expenses: Emergencies come unannounced and can be a drain on your finances. To tide over these emergencies, you could always use a little help in the form of our instant personal loan
  • Debt Consolidation: Money View personal loans come with a low-interest rate starting at 1.33%. So this comes across as a cost-effective method of paying off all other high-interest loans and retaining only one loan
  • To Repay Credit Card Dues: Credit-card outstanding bills that remain unpaid at the end of the billing period are charged a high rate of interest (30-40% p.a). Use our personal loans to pay off those dues and reduce your financial burden
  • Business Ventures: Dreaming about starting your own venture but short on funds? Instant personal loans from Money View can help you start your own business without worrying about the initial investment
  • Home Remodeling: Do you need a loan for a home makeover? You could finance your home improvement project that oozes style with our easy and quick personal loans
  • Dream Vacations: Leave your stress and worries behind. Head out for a much-needed holiday to an exotic location and fund it with a paperless personal loan from Money View.
  • Fund Education: Study as much as you want to without worrying about course fees, be it higher education or school fees by funding the same with a personal loan from Money View
  • Buy a Gadget: Are you eyeing the latest gadget in the market? Why break your investment for that? Use an instant personal loan to fund your purchase
  • Down Payment of other Loans: Big-ticket loans like home loans or vehicle loans require a downpayment of 10-25%. Instant personal loans from Money View can work to make up the shortfall or pay the entire down payment
  • Servicing or Modifying your vehicle: We all know how much money it costs to service your vehicle. Or you may even have dreams of modifying your vehicle, you can do all of that easily with a personal loan

A credit score is an important indicator of your creditworthiness. Banks and other financial institutions prefer a credit score of 750 or more to be eligible for loan approval.

However, Money View has a unique, in-house credit assessment model which uses many other data points than the ones used by the credit bureaus. This helps us in making better credit decisions and lend to more individuals. So, even those individuals with low CIBIL scores can also avail loans from Money View.

The minimum credit score requirement to get Money View loans is a CIBIL score of 600 or above or an Experian score of 650 or above. So Money View loans can be availed by CIBIL defaulters too if you meet our eligibility criteria.

Once you have submitted an application, you can track your application status on our app or website by following the steps below -

    1. 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
    2. 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

Yes, as long as self-applicants have a monthly income of Rs.15,000 or more that is directly credited to their bank account and fulfill our eligibility criteria, they can avail a personal loan in Kerala from Money View.

INTERLINKS

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Apply for Personal Loan
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Personal Loan Eligibility
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Personal Loan Documents
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Personal Loan for Self Employed
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Personal Loan for Salaried Employees

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