Do you need a personal loan from private finance in Patna urgently? You’ve come to the right place.

Money View provides instant personal loans within 24 hours of application approval. Read to know more.

How to Apply for a Personal Loan in Patna

If you have fulfilled our eligibility criteria and have the required documents, you can start applying by following the steps below -

  1. Check your 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

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

  3. Provide documents
    Easily upload all of the necessary documents online for verification

  4. 24 hour loan disbursal
    After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank 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 the need for 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

Eligibility Criteria for a Personal Loan in Patna

You can easily get a personal loan in Patna from Money view by fulfilling the eligibility criteria given below -

  • 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

Documents Required for a Personal Loan in Patna

For a personal loan in Patna from Money View, we only need three documents as given below -

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 

Fees and Charges for a Personal Loan in Patna

If you are wondering what your personal loan EMI would be, we can tell you for sure that it will be affordable. Take a look at our fees and charges 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

Loan Cancellation

  • No additional charges levied

  • The interest amount for the period between loan disbursement and loan cancellation will be payable.

  • Processing fees will also be retained.

Why Avail a Personal Loan from Money View

There are a number of lenders in the market but what sets Money View apart? Read on to find out -

  • Flexible Loan Amount and Repayment Tenure

Money View offers personal loans of up to Rs. 5 lakhs and a repayment term of upto 60 months. So you can opt for what suits your requirements the best

  • Low Interest Rates 

We understand how important affordable personal loans are. Therefore, Money View interest rates start at 1.33% p.m.

  • Available Even For Applicants with Low-Credit Scores 

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

  • 24 Hour Loan Disbursal

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

  • 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

In Conclusion

Personal loans are versatile and easy to avail. While the amount offered varies from one lender to another, Money View provides loans of upto Rs. 5 lakhs with minimal documentation requirements. Not only that - the entire application process is online and can be done from anywhere across India. So what are you waiting for?

Visit the Money View website or download the app and apply for a personal loan today!

Personal Loan in Patna - Related FAQs

Once your loan application has been processed, your loan amount will be disbursed to your account within 24 working hours. However, please note that there may be exceptions in certain circumstances.

No, you cannot avail personal loans from Money View without income proof.

Yes, you can foreclose your Money View personal loan but only after paying a minimum of 6 EMIs -

Fees and Charges

Amount Chargeable

Foreclosure Charges

Nil but foreclosure can be done only after a minimum number of EMIs have been paid as illustrated below-

Tenure

Foreclosure

Up to 6 months

Not allowed

7 - 18 months

Allowed after 6 EMI payments

Over 18 months

Allowed after 12 EMI payments

 

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