Personal Loan in Shahdara

Personal Loans in Shahdara

One of the oldest inhabited cities of Delhi, Shahdara, sits majestically on the banks of the Yamuna. Locals would be more familiar to this place as Purani Dilli or Old Delhi.

The name of this city finds its origin in Urdu, which goes on to mean, “Door of Kings.” This city, quite elaborately reflects the rich Mughal heritage and the Persian architecture around every corner, as this city bustles with trade and business, day in and out.

The city’s very origin has been on the basis of trade as Shahdara was developed around a small market, dating all the way back to the 16th century. Since then, this city has been a spot of financial importance, and even today remains to be so.

Getting a personal loan in Shahdara amidst the fast pace of the city, is unlikely to come by at the time you really need it. Though there are multinational banks here in abundance, banks have stringent policies and protocols in place which need time to be executed.

You can get an urgent cash loan in Shahdara from local banks that may have certain benefits to offer you, but these also come with terms and conditions which may counter the purpose of a loan in the long run – which is to make your life easier and not harder than what it was.

These money lenders in Shahdara offer urgent cash loans but then comes the trouble when they hit you up with exorbitant interest rates that breaks your financial monthly budgeting to pieces. For months at end you slog, trying to make up and avoid over dues, and this just takes a toll on you. Eventually you start looking at loans as if they are a burden, and not as a convenient means of getting money when you need it the most.

This is when Moneyview comes to the rescue. With Moneyview, you can now avail loans anytime, anywhere. All this comes with a world of benefits and minus all the hassle that you would generally have to face while getting a loan the traditional way.

Need Urgent Funds?

Collateral Free Personal Loans up to ₹10 Lakh

Personal Loan

Why Should I Get A Loan through Moneyview?

Loans are to provide for your need at times when you would not have adequate money on your hands. Loans are your keys to open the door when opportunities knock. And as the adage goes, it only knocks once. So you cannot afford to miss out on once-in-a-lifetime opportunities just like that. But you can now get a personal loan in Shahdara through Moneyview in a matter of hours.

Private personal loan provides in Shahdara may trick you by talking you into loans without making you read the fine print, thereby it being a financial burden on you which you never asked for. With Moneyview comes a world of benefits.

  • Instantaneous loan: Considering that the need for a loan is time sensitive, we have a speedy procedure in place that ensures that you get your loans in a matter of hours.
  • Flexible: Getting a personal loan in Shahdara from Moneyview allows you with the option of borrowing only that much as much as the situation demands. You do not have to adhere to some schemes or fixed plans that sometimes give you more or less money than you really need. With Moneyview, you can choose a loan amount from anywhere between Rs. 10,000 to Rs. 5 Lacs, as per your need.
  • Entirely paperless: The last thing you want in the case of an emergency is scurrying around for your papers and other documents that help you get a loan. With Moneyview, all you need to do is have soft copies of your essential documents and a sound internet connection. Have these, and you can apply for a loan from practically anywhere.
  • Super Easy Repayment: Once you do get your loan approved, you can choose the way you would like to pay it back. Opt for tenure anywhere between three months to 12 months, and pay your loan back as per your convenience. This elicits no extra charges.

How can I get a loan through Moneyview?

To get a loan through Moneyview, all you need to do is download the app, and choose your loan amount, and then choose the EMI option of your choice. This puts you in control of how you get to loan an amount and how you decide to pay it back, without it burdening your monthly budgeting. Not just that, but the app also manages your money and reminds you of upcoming EMI due dates via timely notifications.

Getting a loan was never as easy as it is through Moneyview.

Interest Rates and Other Charges for Personal Loans in Shahdara

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

Type of Charge Amount
Interest Rate Starting from 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

Eligibility Criteria to Apply for Personal Loans in Shahdara Through Moneyview

In order to avail an instant personal loan in Shahdara through Moneyview, you will have to fulfill the eligibility criteria given below -

  • Applicants must be between 21 years and 57 years
  • Applicants must receive an 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 a Personal Loan in Shahdara

In order to get a personal loan in Shahdara through Moneyview, you need only 3 documents, as listed 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 if you are self-employed

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

Steps to Apply for a Personal Loan in Shahdara

  • 1

    Verify Eligibility

    Verify your eligibility on the Moneyview website or app within just 2 minutes!

  • 2

    Choose Repayment Timeline

    Pick your loan amount and repayment duration from the available options based on your eligibility.

  • 3

    Submit Your Documents Online

    Submit the required documents to verify your profile by uploading them online without trouble.

  • 4

    Funds Transferred

    After approval and signing the agreement, the funds will be deposited into your account within 1 day!

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