Personal Loan in Tamilnadu

The various costs associated with a loan like the rate of interest and the processing fees are the important factors that decide the overall cost of a loan. It also decides your EMI. So it is important that you pay attention to all the costs associated with any loan.

At Money View, we are transparent about all the costs that come with our loans, so that our customers can make an informed decision while availing our personal loans. Personal loan interest rate and other charges for Money View Personal Loans are

The deciding factor whether you qualify for loan approval or not is decided by the eligibility criteria set for the loan. The eligibility criteria for a Money View Personal loan is simple and transparent which makes it easy for all our loan applicants to know beforehand if they qualify for our loans.

The eligibility criteria for easy private finance loan from Money View are as follows

Documentation is a part and parcel of any loan that you may avail. Personal loans come with the least amount of documents requirement.

The only documents needed for a Money View personal loan are

The accepted documents in each category are as below.

ID Proof: Any one of these original, valid documents with your Date of Birth (in dd/mm/yyyy format) can be submitted as proof of your identity

Address Proof: Any one of these original, valid documents showing your current address Pincode can be submitted as proof of your address:

Income Proof: The proof of income we need can vary based on your employment details

A credit score is an important part of the eligibility criteria for applying to any loans. Credit score for individuals can be assigned by any of the 4 credit bureaus in India. The 4 bureaus being CIBIL, Experian, Equifax and Crif High Mark. Credit scores are assigned in the range of 300-900 based on the past and current behavior of the borrower.

High credit scores indicate better levels of creditworthiness and are preferred by banks and other traditional lenders.

It is possible that an individual could have a low credit score due to various reasons, or the individual may have a low credit score as he/she is new to credit. In such cases, it becomes difficult to avail loans from banks as they look for individuals with high credit scores for lending

But, Money View uses an in-house credit model which uses various other data points to calculate the creditworthiness of an individual. Therefore, we ensure that we can lend more personal loans to individuals

Any CIBIL defaulter who has a minimum CIBIL credit score of 650 or an Experian score of 750, can apply for a personal loan from Money View.

A personal loan can work as a multi-purpose loan as there are no restrictions on the usage of the loan. There are many situations in day-to-day life where a personal loan can be of your assistance.

Some of the important 10 purposes for which you can apply for a personal loan are.