Top Features and Benefits of Personal Loan in Mysuru

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Flexibility of Loan Amount

Choose a loan amount of up to Rs. 5 lakhs

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24 Hour Disbursement

Once your loan application is approved, your loan amount will be sent to you within just 24 hours

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Minimal Documentation

We ask for just 3 documents - ID proof, address proof, and income proof

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Affordable Interest Rates

We understand how important interest rates are as they determine the EMI amount to be paid. At Money View, the interest rate starts at just 1.33% per month

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100% Paperless

Enjoy a complete online process, right from application to loan disbursal

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Flexible Repayment Term

Repayment term of up to 60 months based on your eligibility

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Loans on Low Credit Score

Even if your credit score is low, thanks to moneyview’s unique credit rating model, you can still avail a personal loan in Mysuru from us

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Instant Eligibility Check

Check your eligibility from the moneyview website or the app within just 2 minutes

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. 

The Best Personal Loan in Mysuru - Moneyview

One of the most trusted loan providers in the country, moneyview offers personal loans of upto Rs. 5 lakh with minimal documentation and a hassle-free application process in addition to other unique advantages. Continue reading to know more.

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 600 or minimum Experian score of 650

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

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

moneyview personal loans are provided at competitive rates as given below -

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

How to Apply for An Instant Personal Loan in Mysuru

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Check Eligibility

Visit the moneyview website or download the app and provide all the details required. We will then let you know your eligibility in just 2 minutes

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Select Loan Tenure

Depending on your eligibility, 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 - completely digital and hassle-free

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Amount Disbursed

After all your documents are verified and your application is approved, the loan amount will be sent to your account within 24 hours

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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 (FAQs)

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. 13,500 per month if you are a salaried individual and Rs. 15,000 per month if you are a self-employed individual. 

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. 15,000 and is credited directly to your bank account.

Yes, you can. At moneyview, we require our applicants to have an Experian 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 from us.

INTERLINKS

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Personal Loan for Salaried Employees

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