Personal Loan in Mysuru

Personal Loan in Mysuru

Mysuru is the second largest city in Karnataka. Being a city of historical importance for centuries, this city is also called the ‘Cultural capital of Karnataka’.

The city displays both cultural roots and post-modernist infrastructures that denote development and stands steady as the centre of artwork, carpentry and fashion across all Karnataka.

Being once the home of all royalty in Karnataka, every nook and corner of this city is an ornate and intricate piece of artwork by itself.

Though Mysuru houses an endless array of banks and private financers all across, getting a personal loan in Mysuru which suits your needs at the given point in time is like finding a needle in a haystack. If you have been unsuccessfully looking for personal loans in Mysuru, then we have the solution. 

Eligibility Criteria for Personal Loans in Mysuru

Here is our simple eligibility criteria to get instant personal loans in Mysuru -

  • 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 650

Personal Loans for Every Need

Collateral Free Personal Loans up to ₹10 Lakh

Personal Loan

Documents Required For Personal Loans in Mysuru

Here are the three documents that we require 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 Personal Loans in Mysuru

Personal loans through Moneyview are provided at competitive rates as given below -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 14% per annum

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

Conclusion

Unsecured loans in Mysuru are no longer as difficult and slow as you once thought they would be. With Moneyview, you not only have your desired loan amount with you in a matter of hours, but you also have features that smoothen out your financial upheaval all the more.

You will no longer have to travel to banks or submit physical copies of documents. You can now avail a personal loan in Mysuru easily from the comfort of your home within 24 hours and with minimal documentation. 

The Moneyview app also manages your finances in terms of your expenditures and debits, by keeping a tab on your SMSs, and also notifies you when your EMI payment gets close.

So what are you waiting for? Visit the Moneyview website or download the app and apply now.

Frequently Asked Questions

At Moneyview, our eligibility criteria is relaxed and is based on our unique algorithm which focuses on multiple factors and not just one’s credit score.

However, to be eligible, you must be receiving a minimum monthly salary of Rs. 25,000 per month.

It is not possible to get personal loans without providing income proof as the lender needs to verify your repayment ability. 

However, at Moneyview we ensure that our customers have to provide just the minimum number of documents required and this includes - proof of identity, proof of address, and proof of income.

Yes, you can as long as your minimum monthly income is Rs. 25,000 and is credited directly to your bank account. 
Yes, you can. At Moneyview, we require our applicants to have an CIBIL score of 650 or more to be eligible for our personal loans. As long as you meet the eligibility criteria, you can get a personal loan through us.

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