Personal Loans in Trivandrum
Personal loans, similar to other loans are provided based on certain criteria such as income, credit score, repayment capacity, employment history, etc. Due to the fact that these are unsecured loans and do not usually require collaterals, the interest rate on personal loans is slightly higher as compared to other types of loans. These loans are quite easily available throughout the country and we’ll tell you how exactly to go about getting a personal loan in Thiruvananthapuram or Trivandrum.
Salient Features and Benefits of MoneyView Personal Loans in Trivandrum
One of the top financial companies in India, MoneyView is a highly sought after personal loan provider in Trivandrum. These loans come with exciting benefits and features such as:
- As a customer, you get to decide the loan amount you wish to avail. Any sum between Rs.10, 000 and Rs.5, 00,000 can be procured based on your eligibility.
- Collaterals aren’t mandatory for personal loans and our rate of interest is pocket-friendly, starting from 1.33% per month. Scroll down below for more details.
- MoneyView’s eligibility check is quick and easy, usually just under 2 minutes. All you have to do is provide a few basic details and leave all the calculations to us.
- We understand that everyone’s repayment abilities vary. Therefore, our flexible repayment plans allow you to decide your own terms that can stretch up to 60 months or 5 years
- Worried about getting harassed by multiple callers? Fret not, for the loan once approved will be disbursed to your account within 24 hours.
- We strongly stand by digitization. Right from documentation to the repayment, the process is entirely digital. No more photocopies!
How to Get Personal Loans in Trivandrum with Low Credit Scores
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 or a minimum Experian Score of 750.
Interest Rates and Other Charges for MoneyView Personal Loans in Trivandrum
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 1.33% per month|
|Loan Processing Charges||Starts at 2% and up to 8% of the approved loan amount|
|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|
Eligibility Criteria for MoneyView Personal Loans in Trivandrum
Emergencies can occur anytime. Therefore, we have tailored our eligibility criteria to ensure that customers can avail instant personal loans in Trivandrum. The table below provides the income and credit score eligibility criteria.
|Minimum In-Hand Income||Minimum Credit Score Needed|
|Salaried Individuals||Rs.13, 500||
CIBIL Score – 650 and above
Experian Score – 750 and above
|Rs. 15, 000 (all Metro cities)||675 and above|
|Rs. 20, 000||1 to 299 or New to Credit|
|Self Employed Individuals||Rs 25000||
CIBIL Score – 650 and above
Experian Score – 750 and above
Additionally, applicants must be between the ages of 21 and 75 years and all their income should have been credited to a bank account.
Documents Required for Availing a MoneyView Instant Personal Loan in Trivandrum
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 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.
How to Apply for MoneyView Personal Loan
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.
How to Track Personal Loan applications on MoneyView?
We have ensured that our application and tracking process is simple and user-friendly. Follow the steps below to track your application.
If you have applied through the MoneyView website:
- Open the website and click on ‘Login’ to login or signup by creating an account
- Login to the account with your registered email ID
- Then click on ‘Dashboard’. Scroll down and select ‘Application Status’ to find out the status of your personal loan application
If you have applied through the MoneyView app:
- Open the MoneyView app and register your account with your email ID.
- Click on ‘Loans’ and you will be automatically directed to the ‘Application Status’ section
- Users of the MoneyView Loans application will be taken to the ‘Application Status’ screen as soon as the app is opened
Why should you apply for a Personal Loan through MoneyView?
If you are looking for a private personal loan in Trivandrum, MoneyView is the best option because they provide loans easily without unnecessary hassles and stress.
Quick and Hassle-Free Eligibility Check
We understand that checking your eligibility can be a stressful process. With MoneyView, you can go through the 2 minute eligibility check that can give you the necessary information at the earliest.
Printing out multiple copies, looking for photocopy shops, and making multiple trips to the bank can all be avoided as availing a loan through MoneyView is a paperless process and all the steps can be completed online.
In-house Credit Scoring Model
We have come up with our own credit scoring model taking into account a number of factors and criteria so that even those with relatively low credit scores can avail personal loans easily.
Available Pan India
We do not restrict applicants based on location. Anyone from across the country can procure a personal loan from the comfort of their homes
Check Your Loan Eligibility and Apply Now
Personal loans are highly sought after as these loans are not restricted by purpose. However, availing a loan can be a stressful process. With MoneyView’s easy and uncomplicated application and disbursal process, anyone from the city of Trivandrum can look at MoneyView as their personal loan agents and procure a personal loan easily and quickly.