Personal Loan in Nellore

Personal Loan in Nellore

Nellore is a bustling city brimming with youthful exuberance and unending opportunities for aspirants to succeed. This comes as little wonder why this city is one of the most populous cities in Andhra Pradesh.

This city gets its name from the abundance of paddy crops here and still holds true to its name as agriculture is one of its main industries.

When it comes to personal loans in Nellore, getting one may not be too easy especially if you need one urgently. But with Moneyview, you get loans faster than you expect, minus the hassle.

Personal Loans for Every Need

Collateral Free Personal Loans up to ₹10 Lakh

Personal loan

Eligibility Criteria for Personal Loans in Nellore

Given below is Moneyview’s instant eligibility criteria for personal loans in Nellore -

  • Applicants must be between the ages of 21 years and 57 years

  • Applicants must receive a monthly income of Rs. 25,000 or more*

  • Income must be credited directly to the applicants’ bank account

  • Credit score must be a minimum CIBIL score of 650

Documents Required For Personal Loans in Nellore

Here is our minimal documentation requirements -

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

Interest Rates and Other Charges for Personal Loans in Nellore

The fees and charges for personal loans in Nellore through Moneyview are given below -

Type of Charge

Amount

Interest Rate

Starts at 14% per annum

Loan Processing Fee

Starting from 2% up to 8% of the approved loan amount

Interest on Overdue EMIs

2% per month of the overdue amount

Foreclosure/Part-prepayment

  • No part-prepayment of the loan is allowed.

  • Foreclosure available after a certain number of EMIs have been paid

EMI Cheque Bounce Charges

Rs.500 per bounce

Conclusion

Getting personal loans through Nellore is now easier than ever. The ease that comes with getting a loan through Moneyview makes all the difference. You would not have to go and stand in long queues all day long, submit an unnecessary number of documents, wait for a long time for a loan, etc. So what are you waiting for? Visit the Moneyview website or download the app and apply now.

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