How to Get a Personal Loan in Lucknow

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Are you looking for a personal loan in Lucknow? Then look no further because Money View offers the best.

Personal Loan From Private Finance in Lucknow

You can easily get an online personal loan in Lucknow from private lenders such as Money View at affordable rates. Not only this, the documentation requirements are also minimal and the entire application process is hassle-free and quick. 

How to Apply for a Personal Loan in Lucknow

Follow the simple steps given below and avail a personal loan in Lucknow -

Check your 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

Choose your loan plan

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

Provide documents

Easily upload all of the necessary documents online for verification

24 hour loan disbursal

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

Note -

  • Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to  us

  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without the need for any manual intervention.

  • On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly

Eligibility Criteria for a Personal Loan in Lucknow

Check if you fulfill the eligibility criteria given below -

  • Applicants must be between 21 years and 57 years

  • Applicants must receive an income of Rs. 13,500 or more*

  • Income must be credited directly to the applicants’ bank account

  • Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

Given below is a city-wise breakdown of the income and credit score requirement -

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

Documents Required for a Personal Loan in Lucknow

In order to get an online personal loan in Lucknow from Money View, you need only 3 documents, as listed below -

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, anyone of the officially valid documents given below will suffice

  • Aadhaar Card

  • Valid Indian Passport

  • Valid Voter ID

  • Valid Driver’s License

Anyone 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

Fees and Charges for a Personal Loan in Lucknow

Money View personal loans come with transparent charges with no hidden fees as given below -

Type of Charge

Amount

Interest Rate

Starts at 1.33% per month

Loan Processing Fee

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

Interest on Overdue EMIs

2% per month of the overdue amount

Foreclosure/Part-prepayment

  • No part-prepayment of the loan is allowed.

  • Foreclosure available after a certain number of EMIs have been paid

EMI Cheque Bounce Charges

Rs.500 per bounce

In Conclusion

Availing an online personal loan in Lucknow is now easy thanks to Money View. All you need to do is check your eligibility, provide the necessary documents, and sit back and relax. The entire process takes just a few minutes and can be done from anywhere as long as you have an internet connection. The next time you need a personal loan in Lucknow, visit the Money View website or download the app and apply!

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Personal Loan in Lucknow - Related FAQs

Yes, you can foreclose your personal loan from Money View based on your repayment term as given below -

Fees and Charges

Amount Chargeable

Foreclosure Charges

Nil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-


Tenure

Foreclosure

Up to 6 months

Not allowed

7 - 18 months

Allowed after 6 EMI payments

Over 18 months

Allowed after 12 EMI payments


If you are self-employed, you can avail a personal loan from Money View as long as you fulfill the eligibility criteria given below -

  • Monthly income of Rs. 15,000 or more

  • Income must be credited directly to the applicant’s bank account

  • Applicant must have a minimum CIBIL score of 600 or minimum Experian score of 650

  • Applicant must be between 21 years to 57 years old

While most lenders require applicants to have a credit score of over 750, at Money View, we use a unique in-house algorithm to determine our applicants’ creditworthiness. 

Therefore, as long as your CIBIL score is 600 and above or your Experian score is 650 and above, you can still get a personal loan in Lucknow or any other part of India from India.

Money View personal loans in Lucknow are loaded with a number of unique benefits and features, they are also extremely popular. Here’s why -

  • Quick Eligibility Check

On the Money View website or on the app, you can instantly check your eligibility for a personal loan within just two minutes

  • Digital Process

Enjoy our complete digital process from approval to disbursal making the entire process of availing a loan delightful and super fast

  • Flexible Loan Amount and Repayment Term

You can choose any amount from Rs. 5,000 to Rs. 5,00,000 depending on your credit score. To repay the loan, you can choose a period of up to 5 years

  • 24 hr Loan Disbursement

We ensure quick disbursement of your loan within just 24 hours after the loan application approval

  • No Security Needed

Money View personal loans in Lucknow don't require guarantors or collateral. You just need to meet our eligibility criteria

  • Affordable Interest Rates

Money View personal loans are affordable with interest rates starting at just 1.33% per month

  • Available Pan India

Our digital application ensures you can apply for a personal loan from any part of the country, including Lucknow 

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