Madurai being the third-largest city in Tamil Nadu is a major attraction for tourists. The city is also known for its architecture, food and has a rich cultural heritage. If you are a resident in Madurai and need urgent cash to fulfill your personal needs, don’t worry! You can easily apply for an instant personal loan in Madurai via Money View and get the best deal on the personal loan. Besides, it’s quite faster. You receive money in your chosen bank account within 24 hours of submitting your loan application. Being a multipurpose loan, a personal loan is a type of unsecured debt. The money received as a personal loan can be used for fulfilling your diversified personal needs.

Features and Benefits of Money View Personal Loan in Madurai

Money View, being one of the most sought-after personal loan finance companies in Madurai, makes instant cash available in the form of its various personal loan schemes. The personal loans offered by Money View comes with a lot of attractive features and benefits which include –

  • Faster loan disbursal process.
  • Check your eligibility in 2 minutes.
  • Monthly interest starting from as low as 1.33%
  • Get maximum Rs. 5 lakhs and minimum Rs.10, 000.
  • Get a loan on a low credit score.
  • Hassle-free documentation process.
  • Flexible repayment tenure. Get 60 months to repay the loan amount.
  • Transparent eligibility criteria.
  • Entirely Paperless Application.
  • Safe & secure online application
Money View Personal Loan in Madurai Interest Rates and Other Charges

Money View maintains complete transparency when it comes to charging interest fees or any other applicable charges. Besides, there are no hidden charges applicable to your loan amount. Listed below are the various fees and charges applicable on personal loan in Madurai offered by Money View:

Interest Rate As low as 1.33% per month
Loan Processing Charges 2% of the approved loan amount
Interest on Overdue EMIs 2% per month
Loan Cancellation Charges NIL ( However, processing will not be returned and the interest amount incurred for the period between loan disbursement and cancellation need to be paid)
Check Bounce Charges Rs. 500 at a time

***Important terms & condition regarding Money View personal loan repayment in Madurai: Money View does not allow part payments of your personal loan. And for full repayment of your loan amount, you need to pay a minimum of 3 EMIs.

Eligibility Criteria for Applying for Personal Loans in Madurai through Money View

Here is what you need to know about eligibility criteria to apply for a Money View personal loan in Madurai -

  • Both salaried and self-employed individuals can apply.
  • The Minimum monthly income should not be less than 13,500.
  • Income should be received in a bank
  • Min CIBIL score should be 650 or Experian score should be 750.
  • The Minimum age of the applicant should be 21 years
  • The Maximum age should not be more than 57 years.
How To Apply For A Personal Loan In Madurai Through Money View

It’s pretty simple. All you have to do is to follow the below-mentioned steps to apply for a personal loan in Madurai -

  • Click on the “Apply Now” button.
  • Create your Money View account using your mobile no.
  • When you insert your mobile number to register/ create your account, an OTP will be sent to you.
  • Enter the OTP, and your registration will be complete.
  • Select a suitable instant loan offer and repayment term from multiple options
  • Fill in all required information and upload necessary documents
  • Then complete your KYC verification digitally.
  • Now submit the application.

After you submit the loan application, it will be reviewed by Money View and approved immediately if no anomaly is found. And you receive the loan amount in your bank account within 24 hours of approval

Money View Loan Eligibility Criteria for Salaried People

Any salaried individual can avail of a personal loan in Madurai from Money View by fulfilling the below-mentioned eligibility criteria:

  • The monthly in-hand income of Rs. 13,500* or more.
  • Min CIBIL score should be 650 / Experian score should be 750.
  • Minimum age - 21 years.
  • Maximum age - 57 years.
  • Income should be received in a bank.
Documents Required To Apply For Money View Personal Loans in Madurai

You can apply for a Money View personal loan in Madurai by submitting the following documents-

  • Proof of Identity -
    Any of the following documents are accepted - (PAN/ Aadhaar Card/ Voter Id/ Valid Driver’s License/ Passport).
  • Address Proof
    Any one of the following documents is accepted – (Aadhaar Card/ Ration Card/ Utility Bills like Telephone Bill/ Electricity Bill / Voter ID Card/ Bank Statement/Passbook). Utility Bills and Bank Statements should be generated within the last 60 days.
  • Income Proof
    Last 3 month’s bank statement in PDF format/ or last 3 month’s salary slip containing all important information.
Personal Loans for CIBIL Defaulters in Madurai

Money View understands the importance of instant cash to meet your diversified personal needs in different situations in life. Hence, it has its own credit model to help those who have a low credit score, but in need of instant cash. Therefore, even if you have a low credit score or your name is on the CIBIL defaulters list, don’t worry! You can still get a personal loan in Madurai from Money View and meet your needs. However, by paying off all existing debts and credit card bills in a timely manner; avoiding multiple credit applications, and not exceeding your credit limit, you can definitely improve your credit score.