Personal Loan in Madurai
Madurai – The Athens of the East
One of the major cities of Tamil Nadu, Madurai is a metropolitan city down South. It is the third largest city in Tamil Nadu. Brimming with opportunities for entrepreneurs – both young and old alike – this city has managed to lure in people from all parts of the country.
The population of this city is overwhelmingly dense, making it the 25th most populated city in India. The city, however, has more to offer than just business opportunities to all those who live here.
Being deeply rooted in its tradition, Madurai offers a considerable amount of antiquity as the establishment of this city goes all the way back to 300 BC. The reason why Madurai has earned the title the Athens of the East is because just like Athens was built around the Patheon, so that from every part of the city the Patheon could be visible; Madurai too was built around the Meenakshi Amman Temple at its centre.
Finances in Madurai
In a city so densely populated, banks and private financers would not be a scarce thing to come across. However, personal loan in Madurai may just be a difficult thing to get.
Banks usually provide personal loans after following a certain protocol in place. This adherence to protocol is solely because of the fact that personal loans are a form of unsecured loans, which means that there is no collateral pledged against the loan borrowed.
In case borrowers default payments, however, their credit scores are affected, thereby making any loans in the future an impossible undertaking. Unsecured loans in Madurai therefore require you to go through a series of documentation, and endless rounds of appointments with the authorities until finally it is sanctioned for you.
When it comes to an emergency, this may not be the drift to follow, as time is of the essence in such scenarios. Private finances in Madurai may offer you instant cash on hand when you apply for a loan, but these loans more often have heavy interest rates attached to it.
How Can I Get A Loan In Madurai?
Private personal loan in Madurai is not that difficult when you apply for it from a trusted financer. At MoneyView, we believe that getting you the loan you so essentially need, within the stipulated timeframe is giving you the finest financial assistance there is to offer.
Quite often, your loan amount gets sanctioned by banks and private financers far later then when you really needed it, consequently ending up being a deadweight you have to carry for months at end. Personal loan finance company in Madurai may even, at times, keep you hanging for weeks before rejecting your application, which proves to be an absolute waste of time.
MoneyView not just offers timely loans, but our loans also come with features which make repayment easier. These and some other benefits that you get with MoneyView make our loans better than the rest. Here’s what comes with loans you get from us:
- Instantaneous Amount Reception: Once you apply for your desired loan amount, which could be anywhere between Rs 10,000 to Rs 5 lacs, you get your loan amount within a matter of hours. Our instant verification procedure which functions online enables us to give out loans without a moment’s delay.
- Customizable loans: The loans you get from us at MoneyView are yours to be structured. You would not be expected to abide by a predetermined framework of availing and repaying a loan. With MoneyView, you get to choose from a payment tenure of anywhere between 3-12 months. This allows you to span out your principal payment, without having to stress your monthly financial planning.
- Virtual documentation: This not only speeds up the whole process of getting you a loan, but also makes it a whole lot convenient. You need not worry about heaps of paperwork to be completed before finally getting a loan. Virtual documentation makes it possible for you to opt for a loan anytime anywhere. Private personal loan in Madurai never came by so easily before.
To wrap it up
Private financers in Madurai may offer you instant loans, but MoneyView goes the extra mile and provides you speedy loans with added benefits for no hidden charges. The MoneyView app also takes it a step ahead and sorts out your finances and expenditures, while it also notifies you of your upcoming EMI payments.
Financial ease like never before is what you get with MoneyView.
To know more of the services we offer, please click here.
For Salaried – Min ₹ 14,000 In Hand Salary
For Self Employed – Min. ₹ 25,000 Income with 2 years Income Tax Return Filed
You can borrow as low as ₹ 10,000 and as high as ₹ 5,00,000. The maximum amount depends on your eligibility.
You can borrow for minimum 3 months to maximum 24 months.
The loan application for Money View is paperless which means that no physical document submission is required.
You need the following documents to apply for a loan with us
- Aadhaar card
- PAN Card
- Address proof
- Last 3 months bank statement
- 2 years IT Returns (in case you are self-employed)
EMI is deducted 5th of every month from your bank account.
At the time of application, you agree to a NACH mandate which enables us to deduct the EMI amount from your specified bank account.
In case your EMI auto-debit is bounced, there will be a bounce charge along with the daily penalty for delay of EMI.
Also in case you are not able to pay the EMIs, your CIBIL score might drop for every EMI default.
We assess your credit worthiness not only from your CIBIL score but also your transactional SMS data. Hence, when you download the app it helps us give you the best loan offer.
You can close your loan anytime after 3 months of taking the loan. There are penalty charges for foreclosure