Personal Loans in Kerala

Kerala is one of the progressive states in India and is famous as God’s Own Country. It is a major tourism destination for domestic as well as international tourists. Kerala is also the most literate state in the country. The major cities of Kerala are Kochi, Trivandrum, Kozhikode, and Allepey.

You could be based anywhere in Kerala and have a need for cash for setting up a small business, to pay the school fees, for meeting the medical needs of a close family member, or even to meet cash needs at the end of the month before your salary comes in.

You would be glad to know that Money View online personal loan can be availed from any corner of Kerala from the comfort of your home or place of work.

Features and Benefits of Personal Loans in Kerala

There are a number of features and benefits that make availing of a personal loan one of the best options when in need of immediate cash.

Money View loans in Kerala come loaded with features and benefits as mentioned below which should make it the best choice of individuals who are looking for personal loans in Kerala.

  • Wide Range of Loan Amount to Suit Your Requirements Money View offers personal loans in a wide range from Rs 5000 to Rs 5 lakhs. So you can avail any amount that meets your requirements. While paying school fees or meeting a month-end requirement may be met with a few thousand, a medical emergency may cost a few lakhs. That is why we at Money View let our customers choose the amount that is best suited to their needs.

  • Low Pocket-Friendly Interest Rates Interest rates are one of the main factors that matter to an individual availing any loan. The interest rate on our personal loan is low enough to not burn your pocket. This ensures that you can avail a loan without worrying about big EMIs.

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

  • Lightning-Fast Quick Loan Process No one likes to wait when the need for money is urgent. Our processes are designed in such a way that you get your personal loan in the shortest possible amount of time.

    You will be surprised to learn that our eligibility check takes only 2mins and our personal loan is disbursed to your bank account within 24 business hours after the approval.

  • Totally Digital Procedure You must have faced a number of troubles when you wanted to apply for a loan at a bank. It could be a couple of visits, submission of photocopies of documents, etc.

    Our personal loan follows a totally digital procedure, which means that the entire steps of availing a personal loan can be fulfilled online. All you need is a device connected to the internet. You can apply for a personal loan comfortably from home, from your workplace, or while travelling and not waste your time making rounds of the bank

  • Totally Touch Free With the onset of Covid-19, you must be scared to get out of home and do anything that requires physical touchpoints. Our online personal loans allow you the luxury of meeting your financial needs by being at home. You need not step out of your homes and run a risk of getting exposed to the virus by visiting banks/financial institutions for a loan.

  • Available Even on Low-Credit Scores Good credit scores are essential for availing any sort of loans. Banks and other traditional financial institutions look for a minimum credit score of at least 750 to give a personal loan.

    But, Money View allows personal loans to anyone with a CIBIL score of 650 or Experian score of 750. We have our own in-house credit model that helps us assess the creditworthiness of our customers

Personal Loan Interest Rates and Other Charges in Kerala

The interest rate on personal loans plays an important role in determining how small or big your EMI would be. Money View personal loans carry a low and competitive rate of interest that will ensure that your loan EMIs remain small.

The table below shows all details on interest rates and other charges on Money View personal loans that you should be aware of.

Fees & Charges Amount to be Paid
Interest Rate Starting from 1.33% per month
Loan Processing Charges Starting from 2.5% and going up to 6% of the approved loan amount
Part/Full Payment of the Loan (Loan Foreclosure)
  • No part payments are allowed
  • For full payment of your loan, you should have paid a minimum of 3 EMIs.
Interest on Overdue EMIs 2% per month on the overdue EMI/Principal loan amount
Cheque Bounce Rs.500/- for every bounce
Loan Cancellation
  • Nil (Except the interest amount for the period between loan disbursement and loan cancellation). /li>
  • Processing fees will also be retained

The eligibility criteria for Money View loans are simple and transparent so that more people can be eligible for our personal loan.

Income and Credit Score Eligibility Criteria
Minimum In-Hand Income Area of Residence CIBIL Credit Score Requirement
Salaried Individuals Rs 20000 Any 1-299 or New to Credit
Rs 20000 Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.) CIBIL Score of 650 /Experian Score of 750 and above
Rs 15000 Metro City other than Mumbai and NCR 675 or above
Rs 13500 Any CIBIL Score of 650 /Experian Score of 750 and above
Self Employed Individuals Rs 25000 Any CIBIL Score of 650 /Experian Score of 750 and above

Other Common Eligibility Criteria

  • Should be aged between 21 years and 57 years
  • All income should be credited to a bank account

One thing that annoys every loan applicant is the need for submission of a number of documents. To avail a Money View loan, you would need to submit just 3 documents and that too in the digital format. The required documents to apply for Money View personal loans in Kerala are

  • Identity Proof
  • Address Proof
  • Income Proof

The accepted documents in each category are as below.

ID Proof: Any one of these original, valid documents with your Date of Birth (in dd/mm/yyyy format) can be submitted as proof of your identity

  • Aadhaar Card
  • PAN Card
  • Valid Driver's License
  • Valid Indian Passport
  • Voter ID Card

Address Proof: Any one of these original, valid documents showing your current address Pincode can be submitted as proof of your address:

  • Aadhaar Card
  • Bank Statement/Passbook (Generated within the last 60 days)
  • Ration Card
  • Utility Bill – (Telephone/Water/Electricity or Gas Bills generated in the last 60 days showing your name and address clearly)
  • Valid Passport
  • Voter ID

Income Proof: The proof of income we need can vary based on your employment details

  • If you’re salaried: Last 3 months’ bank statements in PDF format showing salary credits or your last 3 months' salary slips with important details, including your employer's name

  • If you’re self-employed: Last 3 months’ bank statements in PDF format or your last 2 years' Income Tax Returns with important details, including tax paid details being legible.

The procedure to avail a personal loan from Money View is very simple. It just involves just 4 steps which can be finished in no time if you have the soft copies of the required documents handy.

The four easy steps to avail a Money View personal loan online in Kerala are

  1. Check your Eligibility:

    Find out the maximum loan amount you’re eligible for online in 2 minutes

  2. Select Loan Plan:

    Choose a custom loan amount and the repayment period that suits your financial needs

  3. Upload Documents:

    Provide your personal details and upload the necessary documents, all on the app or website

  4. Get the Loan Amount –

    Get the loan amount disbursed to your account within 24 hours of approval.

A Credit score is an important indicator of your creditworthiness. This score can be given by any of the 4 credit bureaus in the country based on your past and present behaviour with credit. The range of credit scores stands between 300-900. Higher numbers show that you are more responsible with credit.

Banks and other financial institutions prefer that their personal loan applicants have a credit score of 750 or more to be eligible for loan approval.

Money View has their 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 CIBIL score requirement to be eligible for Money View loans is 650 or an Experian score of 750. So Money View loans can be availed by CIBIL defaulters too if you meet our eligibility criteria.

The beauty of a personal loan is that you can use it for any purpose as per your need. A personal loan can meet many purposes, it is not possible for us to list out all of them. Some of the common purposes for which a personal loan can be applied for are as listed below

  1. 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.

  2. Debt Consolidation: Money View personal loan comes 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

  3. To Repay Credit Card Dues: Credit-card outstanding 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.

  4. Business Ventures: Dream about starting your own venture but short on funds? You need not worry about it anymore. Instant personal loans from MoneyView can help you start your own business without worrying about the initial investment.

  5. Home Remodeling: Do you need a loan for a home -makeover? You could finance your new-look home improvement project that oozes style with our easy and quick personal loans.

  6. 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 MoneyView.

  7. Fund Education: Study as much as you want to without worrying about course fees, be it higher education or school fees

  8. 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.

  9. Down Payment of other Loans: Big-ticket loans like home loans or vehicle loans require a downpayment of 10-25%. Instant personal loans from MoneyView can work to make up the shortfall or pay the entire amount of down payment.

  10. 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.

The next time you are in need of a personal loan , forget about making multiple rounds of banks or other financial institutions. Apply for an instant personal loan from Money View from the comfort of your home or office and find funds in your bank account in 24hrs.

Contact Us

Do you need more information on our loans or are looking for help in applying to our instant online personal loan in Kolkata? For all your queries please write to us at or call us on 080 4569 2002.