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Personal Loan in Madurai

The yesteryear kings of the South such as the Pandyans, Nayaks, and Cholas left a great legacy behind. Madurai is one such city. Also known as the temple city, Madurai is famous for its temples which are architectural marvels.

This historically and culturally significant city is a must-visit. And Moneyview can help sort out your vacation plans.

You don’t have to put any collateral or wait days for approval. Moneyview loans are instant, hassle-free, and involve minimal paperwork. Read on to understand how to apply for a loan.

Moneyview - The Best Option for Personal Loan in Madurai

While there are many lenders available in the market today not all provide the benefits that Moneyview offers. Minimal documentation, a hassle-free application process, and instant disbursement all make Moneyview the best choice for a personal loan.

Eligibility Criteria for a Personal Loan in Madurai

In order to avail an instant personal loan through Moneyview, you will have to fulfill our eligibility criteria given below -

Applicants must be between 21 years and 57 years
Applicants must receive an income of Rs. 25,000 or more*
Income must be credited directly to the applicants’ bank account
Credit score must be a minimum CIBIL score of 650

Documents Required for a Personal Loan in Madurai

In order to get a personal loan in Madurai through Moneyview, you need only 3 key 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, 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

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

Finance Your Dreams with Personal Loans

Collateral Free Personal Loans up to ₹10 Lakh

Apply Instantly

Fees and Charges for a Personal Loan in Madurai

personal loans come with competitive interest rates and have no hidden charges whatsoever. Our fees and charges are as follows -

Fees and 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 The interest amount for the period between loan disbursement and loan cancellation will be payable. Processing fees will also be retained.

Conclusion

Availing a personal loan in Madurai does not have to be complicated. With Moneyview you can avail a versatile personal loan that can be used for multiple purposes very easily.

Not only are the documentation requirements minimal, the application process is quick and hassle-free. Log on the Moneyview website or download the app and apply now!