Personal Loan in Kolhapur

Personal Loan in Kolhapur

Situated on the eastern side of the Western Ghats on the Panchganga River, Kolhapur is an iconic city. The area is well-known for its Kolhapuri Chappals and Kolhapuri necklaces, which are vital to the region's economy because they are made exclusively in the area and sold worldwide.

As with other developing cities in India, living expenses in Kolhapur have increased over the years. However, thanks to Moneyview, you will no longer need to be concerned about your finances. 

Moneyview provides some of the best personal loans available in the country. Some of the benefits include ease of access, instant disbursement, and flexible repayment schedules. From the comfort of your own home, you can apply for and receive the loan amount.

Personal Loan Interest Rates and Other Charges in Kolhapur

Charges

Amount

Interest Rate

Starting from 14% per annum

Loan Processing Charges

Starting from 2% and up to 8% of the approved loan amount

Part/Full Payment of the Loan (Loan Foreclosure)

Part payments are not permitted.

After a minimum of three EMIs, foreclosure is permitted.

Interest on Overdue EMIs

2% per month on the overdue EMI/Principal loan amount

Cheque Bounce

Rs.500/- for every bounced cheque

Eligibility Criteria to Apply for Personal Loans in Kolhapur

To be eligible for an instant personal loan in Kolhapur from Moneyview, you must meet the following criteria:

  • Applicants must be between the ages of 21 and 57.

  • Applicants must have a monthly income of Rs. 25,000 or more.

  • Income must be deposited directly into the bank account of the applicants.

  • A minimum CIBIL score of 650

Documents Required for Personal Loans in Kolhapur

We have ensured that our documentation requirements are minimal. All we need from you are  -

  • 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.

Frequently Asked Questions (FAQs)

The entire loan application process for getting a Moneyview loan is digital. So you will have to submit all the required documents online either on our app or on the web application, depending on where you are applying from.
The rate of interest starts from 16% p.a and is based on the assessment of your details like credit score, income, other loans, obligations, etc.
The loan will be repaid in EMIs which will be automatically deducted from your bank account. This is done only after you’ve authorized us to deduct the proposed EMI amount that’s specified during the loan request process in the app.

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