Top Features and Benefits of Personal Loan

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Flexible Loan Amount

Money View offers personal loans starting of 5,000 up to Rs. 5 lakhs

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Instant Eligibility Check

Before applying for the loan, applicants can visit the Money View website or download the app to check their eligibility which will only take 2 minutes

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Collateral Free Loans

To apply for a personal loan through Money View, you don’t have to pledge any asset or arrange for a guarantor

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Affordable Interest Rates

Our interest rates start at an attractive 1.33% per month

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Hassle-free Online Process

You can apply for a personal loan from Money View at any time from anywhere. No more travelling to a bank and waiting for days

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Flexible Repayment Term

Choose a flexible repayment term starting of 3 months up to 60 months

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Loans on Low Credit Score

Money View provides personal loans to anyone with a CIBIL score of 600 or Experian score of 650 and above. We have our own in-house credit model that helps us assess the creditworthiness of our customers

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24 Hour Loan Disbursal

Our personal loan is disbursed to your bank account within 24 business hours after the approval.

Mumbai is not a city, but an emotion.  A thriving financial hub and home to India’s biggest film industry, Mumbai is called the city of dreams for a reason. However, this is also one of the most expensive cities in the world so if you’re from Mumbai and need some financial help, you’ve come to the right place.

Affordable. Minimal documentation. Hassle-free application. Flexible repayment. All of this and more in one personal loan. Presenting Money View personal loans which come with a range of benefits that are beneficial to all our customers. Let us find out the eligibility criteria and how to apply for one.

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Eligibility Criteria for Money View Personal Loans in Mumbai

Fulfill the eligibility criteria given below to avail Money View online personal loans in Mumbai -

  • Applicants must have a minimum In-hand income of Rs. 15,000 per month
  • Income must be directly credited to the applicants’ bank account
  • A minimum CIBIL score of 600 or more or Experian score 650 or more
  • Applicants must be between the ages of 21 years and 57 years

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 Money View Personal Loans in Mumbai

We believe in minimal documentation which is why we only need 3 documents from you -

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

Fees and Charges for a Personal Loan in Mumbai

We understand how important affordable loans are. Take a look at our advantageous fees and charges below -

Fees & 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
  • Processing fees will also be retained

How to Apply for An Instant Personal Loan in Mumbai

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Check 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

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Select Loan Tenure

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

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Upload Documents

Easily upload all of the necessary documents online for verification

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Amount Disbursed

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

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Conclusion

Online personal loans in Mumbai are now easy to avail thanks to Money View. The hassle-free, user-friendly process is one of the reasons for Money View’s popularity. This loan is available across India and can be availed from the comfort of your homes. Visit the Money View website or download the app to apply today.

Personal Loan in Mumbai - Related FAQs

While most banks and lenders require applicants to have a CIBIL score of 750 and above, Moneyview uses a unique algorithm to understand a borrower’s creditworthiness. Therefore even those with relatively low credit scores can avail personal loans from Money View. However, a minimum CIBIL score of 600 and above or a minimum Experian score of 650 and above is necessary.

Moneyview personal loans are extremely versatile. You can use them for the following purposes, for example -

  • Emergency Expenses
  • Debt Consolidation
  • To Repay Credit Card Dues
  • Business Ventures
  • Home Remodeling
  • Dream Vacations
  • Fund Education
  • Buy a Gadget
  • Down Payment of other Loans
  • Servicing or Modifying your vehicle

No, you cannot part-prepay your personal loan amount.

INTERLINKS

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Apply for Personal Loan
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Personal Loan Interest Rates
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Personal Loan Eligibility
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Personal Loan Documents
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Personal Loan for Self Employed
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Personal Loan for Salaried Employees

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