Do you need a personal loan from private finance in Patna urgently? You’ve come to the right place.
Moneyview offers instant personal loans within 24 hours of application approval. Read to know more.
Table of Contents
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 -
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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 -
Choose your loan plan
Based on the options given, you will have to select the loan amount and repayment term of your choice -
Provide documents
Easily upload all of the necessary documents online for verification -
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 -
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Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us
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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.
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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 -
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Applicants must be between 21 years and 57 years
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Applicants must receive an income of Rs. 13,500 or more
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Income must be credited directly to the applicants’ bank account
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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
|
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 |
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 |
|
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 -
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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
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Low Interest Rates
We understand how important affordable personal loans are. Therefore, our lender partners’ interest rates start at 1.33% p.m.
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Available Even For Applicants with Low-Credit Scores
Money View offers personal loans to anyone with a CIBIL score of 600 or Experian score of 650 and above. Our lending partners have their own in-house credit models that help us assess the creditworthiness of our customers.
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24 Hour Loan Disbursal
Our personal loan is disbursed to your bank account within 24 business hours after the approval.
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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
Conclusion
Personal loans are versatile and easy to avail. While the amount offered varies from one lender to another, Money View offers 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 Moneyview 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.
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