We understand that mistakes occur and maintaining a high credit score is not always easy. Personal issues, credit concerns, and other monetary problems can sometimes derail your credit score. Building it back is always the best advice but this sometimes can take a fair amount of time. In the meantime, will you be unable to procure a personal loan?. The answer is no. You can still avail Moneyview’s personal loans even if you have a low CIBIL score or other credit scores. We go by an advanced internal credit scoring model which can decide your creditworthiness based on various criteria. However, the cap is a minimum CIBIL score of 650.
Interest rates and all other charges have been processed keeping in mind the budget of our customers which makes our rates one of the best in the market today. There are no hidden charges as well
| Fees & Charges | Amount |
|---|---|
| Interest Rate | Starting from 14% per annum |
| Loan Processing Charges | Starts at 2% and up to 8% of the approved loan amount |
| Foreclosure |
|
| Interest on Overdue EMIs | 2% per month on the overdue EMI/Principal loan amount |
| Interest on EMIs that are overdue | 2% per month on the EMI loan amount that is overdue |
| Cheque Bounce | Rs 500 for every cheque bounce |
| Loan Cancellation |
|
YExtensive documentation is always a hassle. With Moneyview, the entire process is paperless and we only require the most important documents.
ID Proof Any government issued original identity proof which clearly displays the date of birth is allowed. Certain examples are Aadhaar Card, Voter ID, Driver’s License (not expired) or PAN card.
Address Proof An original government issued document showing the current address can be submitted, such as Aadhaar card, Utility bills such as electricity, telephone, etc., Ration Card, Voter ID, Bank Statement, etc. Please note that utility bills and bank statements are only accepted if they have been generated within the last 60 days.
Income Proof For salaried individuals, the previous three months’ bank statements in PDF format showing salary credits or the previous three months’ salary slips that showcase important details such as the name of the employer are valid
For self-employed individuals, the previous three months’ bank statements in PDF or past two years’ Income Tax returns with relevant details are accepted.
As one of the most sought after personal loan agents in Trivandrum, our application process consists of just 4 simple steps preventing any undue and unnecessary delays.
Step 1 - Check Eligibility As mentioned previously, we have a simple eligibility process in place. You will need to fill in the relevant information and you can then find out if you are eligible within just two minutes.
Step 2 - Select Plan We understand that every individual has different requirements. Therefore, you can choose a plan that is most suited for you. Choose any amount between Rs. 10, 000 to Rs. 5, 00, 000 and a repayment term of up to 5 years or 60 months.
Step 3 - Upload Documents Once the above steps have been completed, you will have to provide personal details and upload all the relevant information necessary directly to the app or the website.
Step 4 - Avail the Loan And that’s it! After all the documents have been approved, the loan amount will get disbursed directly to your bank account within a period of 24 hours.
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