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.

Personal Loans in Nala Sopara

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’s Why You Should Opt for moneyview Personal Loans in Nala Sopara

Here are all the reasons you need to take a moneyview loan now. moneyview loans are distinguished by the following features -

We understand that uploading documents is a tiresome process, so we just need three documents from you - ID proof, address proof, and income proof

moneyview loans do not require you to provide collateral or any co-signer. 

Using our website or loan app, you can just check your loan eligibility in just 2 minutes. 

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. 

moneyview's unique credit rating model allows you to get a personal loan in Nala Sopara even if your credit score is low.

No need to print tons of documents because our entire application process is digitalized. 

Within 24 hours of your loan application being approved, you will receive credit for your loan

Eligibility Criteria for Personal Loans in Nala Sopara

Here are moneyview’s simple eligibility criteria for personal loans in Nala Sopara -

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

Documents Required For Personal Loans in Nala Sopara

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

  • 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 - 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

Fees and Charges for Personal Loans in Nala Sopara

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

How to Apply for Personal Loans in Nala Sopara

If you meet our eligibility conditions and have all of the necessary documentation, you can apply quickly by following the steps described below -

Visit the moneyview website or download the loan app. Provide the necessary information, and we will notify you of your eligibility within 2 minutes.

You must choose a loan amount and repayment term based on your eligibility.

Because the process is completely digital and hassle-free, you can easily upload all of the required documents online for verification.

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 -

Conclusion

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!

Frequently Asked Questions (FAQs)

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.

  • If your loan has a term of up to 6 months, no foreclosure is permitted.
  • If your loan term is between 7 and 18 months, you are allowed to file for foreclosure after making six EMI payments.
  • If your loan is more than 18 months old, you can file for foreclosure after making 12 EMI payments.

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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