Personal Loan in Surat

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If you require an urgent personal loan in Surat, then you’ve come to the right place. Money View, one of the premier loan providers in the country offers personal loans of upto Rs. 5 lakh. 

Enjoy a hassle-free application process and get the loan amount credited to your account within 24 hours of application approval. 

Benefits of Money View Personal Loans in Surat

Given below are some of the salient benefits of Money View instant personal loan in Surat -

Instant Eligibility Check

Find out your eligibility for personal loans in just 2 minutes

100% Digital Process

From application to disbursement, everything is done online

Quick Disbursement

The loan amount is disbursed within 24 hours of the approval of the application

Flexible Amount and Repayment Term

You can choose a loan amount from Rs. 5,000 to Rs.5,00,000 and a repayment period of up to 5 years

No Collateral Required

Money View, doesn’t ask you to pledge any security or collateral

Apply from Anywhere in the Country

Because of the digital process, you can apply for a personal loan from anywhere in India including Surat

Steps to Apply for a Money View Personal Loan in Surat

Get an instant personal loan in Surat from Money View by following the steps below -

Check your eligibility

Visit the Money View website or loan app. Provide the required details and we will let you know your eligibility in 2 minutes.

Choose your loan plan

Select the loan amount and repayment term of your choice based on your eligibility

Provide Necessary Documents

Upload the required documents online effortlessly

Avail Loan in 1 day

After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours

Note -

  • After your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to Money View
  • 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

Personal Loan Interest Rates and Other Charges in Surat

The fees and charges for personal loans in Surat from Money View are given below -

Type of Charge

Amount

Interest Rate

Starts at 1.33% per month

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 Money View Personal Loans in Surat

In order to avail an instant personal loan in Surat from Money View, 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. 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 Personal Loans in Surat

In order to get a personal loan in Surat from Money View, 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

In Conclusion

Availing personal loans in Surat is now extremely easy and simple thanks to Money View personal loans. All you need to do is check for your eligibility and submit the necessary documents. So if you need an urgent personal loan in Surat, visit the Money View website or download the app and apply for a convenient and affordable personal loan now.

Personal Loans in Surat - Related FAQs

Yes, you can. At Money View, we use a unique credit scoring model and therefore our credit score requirements are much lower than other lenders. As long as you have a CIBIL score of 600 and above or Experian score of 650 and above, you can avail our personal loans.

Once you have submitted your personal loan application, you can track the status on our app or website by following the steps below -

A) If you’ve applied on our website

  • Go to the login section on the website by clicking here: /apply-loan/signup

  • Login into your loan account with your registered email ID

  • Go to the ‘Dashboard’ section of your loan account

  • Scroll down to the ‘Application Status’ tab to know the status of your loan application

B) If you’ve applied on the Money View app

  • Open the Money View app

  • Register yourself with a valid email ID if you haven’t done it yet

  • Head over to the ‘Loans’ section

  • You will then be automatically redirected to the ‘Application Status’ screen where you can check your application details

  • If you have the Money View Loans app, you’ll be directed to the ‘Application Status’ screen automatically as soon as you open it

Yes, you can foreclose your personal loan from Money View as long as you have paid a minimum number of EMIs based on your repayment term as given below -

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

 

Part- Prepayment Charges

Part-prepayment is not allowed

No, applicants do not have to provide security, collateral, or guarantors as Money View personal loans are unsecured loans.

Yes, self-employed applicants can get a personal loan from Money View if they meet the following eligibility criteria -

  • Monthly income of Rs. 15,000 or more

  • Income must be credited directly to the applicant’s bank account

  • Applicant must have a minimum CIBIL score of 600 or minimum Experian score of 650

  • Applicant must be between 21 years to 57 years old

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