Formerly known as the Land of the Brave, Nala Sopara, is a town within the confines of Mumbai. Scholars and historians acknowledge Nala Sopara to be an important trade center of Ancient India.
This place has tonnes of historic importance as it has been mentioned in Buddhist texts. It has even been mentioned by Ptolemy who called this town Soupara and called it a commercially important town during his time.
Another benefit of Nala Sopara is that one of India’s leading moneylenders, moneyview, an easy loan availing service, offers speedy loans and benefits to all the residents of Nala Sopara. With moneyview, getting a loan is just a matter of hours.
All you need to do is upload your documents, and once they are verified, your loan amount is transferred safely to your account within 24 hours. Personal loans in Nala Sopara are no longer difficult to come by.
Here are all the reasons you need to take a moneyview loan now. moneyview loans are distinguished by the following features -
Minimal Documentation
We understand that uploading documents is a tiresome process, so we just need three documents from you - ID proof, address proof, and income proof
No Collateral Required
moneyview loans do not require you to provide collateral or any co-signer.
Instant Eligibility Check
Using our website or loan app, you can just check your loan eligibility in just 2 minutes.
Flexibility of Loan Amount and Repayment Term
moneyview offers loan amounts ranging from Rs. 5000 to Rs. 5 lakhs and a repayment term of up to 60 months based on your availability.
Loans with Low Credit Score
moneyview's unique credit rating model allows you to get a personal loan in Nala Sopara even if your credit score is low.
100% Paperless
No need to print tons of documents because our entire application process is digitalized.
24-Hour Disbursement
Within 24 hours of your loan application being approved, you will receive credit for your loan
Here are moneyview’s simple eligibility criteria for personal loans in Nala Sopara -
You must be between 21 and 57 years old to apply
To qualify, applicants must have an income of at least Rs. 13,500*
Applicants must have their income deposited directly into their bank accounts
The minimum credit score required is 600 on CIBIL or 650 on Experian
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/Nala Sopara 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 |
Below are our minimum documentation requirements for Nala Sopara personal loans -
Identity Proof |
Address Proof |
Income Proof |
The primary ID proof is the PAN card. In case it is rejected, any of the following documents will be acceptable
|
Any 1 of the following -
|
Salaried Applicants - PDF versions of your last three months' bank statements showing your salary credits OR Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed |
As one of Nala Sopara's top personal loan providers, we maintain a reasonable and transparent fee structure -
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 |
If you meet our eligibility conditions and have all of the necessary documentation, you can apply quickly by following the steps described below -
Check your eligibility
Visit the moneyview website or download the loan app. Provide the necessary information, and we will notify you of your eligibility within 2 minutes.
Select your loan plan
You must choose a loan amount and repayment term based on your eligibility.
Provide required documents
Because the process is completely digital and hassle-free, you can easily upload all of the required documents online for verification.
Instant Loan Disbursal
The loan amount will be transferred to your account within 24 hours after all of your documents have been verified and your application has been approved.
Note -
After your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to moneyview
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
Residents of Nala Sopara can now instantly avail loans in just 24 hours, thanks to moneyview. Not only is it hassle-free and instant, but the process is entirely digital, and simple, and comes with a flexible repayment schedule. Visit the moneyview website now or download the loan app to apply and avail the loan!
moneyview aims to keep the loan application as simple as possible. This is why we only need three documents from you. They are - proof of address, proof of identity, and salary slips or income proof.
No, you can only cancel the loan before submitting the Loan Agreement form. You will not be able to cancel the loan once you have submitted this Loan Agreement.
Based on the tenure of your loan, you could foreclose/pay off the loan amount at any time without penalty.
You will be submitting a NACH mandate as part of the loan application process, which will allow us to auto-debit your EMIs. This is also a simple process because you don't have to remember EMI dates or perform manual transfers each time. If the auto-debit feature for your loan account is not activated, you can still pay your monthly EMIs using our app's 'Pay Now' option.
Yes. It starts at 2% of your amount borrowed and is determined by our system based on a variety of factors. This is determined dynamically.
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