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.
Here’s why moneyview personal loans are the best choice -
Instant Eligibility Check
Find out your eligibility for personal loans in just 2 minutes
100% Digital Process
From application to disbursement, everything is done online
Quick Disbursement
The loan amount is disbursed within 24 hours of the approval of the application
Flexible Amount and Repayment Term
You can choose a loan amount from Rs. 5,000 to Rs.5,00,000 and a repayment period of up to 5 years
No Guarantor
moneyview doesn’t ask you to pledge any security or collateral
Appy from Anywhere in the Country
Because of the digital process, you can apply for a personal loan from anywhere in India including 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. 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 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
|
Any 1 of the following -
|
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 |
If you fulfill our eligibility criteria and have the necessary documents in place, you can follow the steps given below to apply easily -
Check your 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
Select your loan plan
Depending on your eligibility, you will have to select the loan amount and repayment term of your choice
Provide required documents
Easily upload all of the necessary documents online for verification - completely digital and hassle-free
Instant Loan Disbursal
After all your documents are verified and your application is approved, the loan amount will be sent to your account within 24 hours
Note -
Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us
This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.
On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly
The fees and charges for personal loans in Nellore from moneyview are given below -
Type of Charge |
Amount |
Interest Rate |
Starts at 1.33% per month |
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 |
|
EMI Cheque Bounce Charges |
Rs.500 per bounce |
Getting personal loans in Nellore is now easier than ever. The ease that comes with getting a loan from 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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