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Money View Personal Loan, Eligibility & Interest Rates

From 5K to ₹5L, avail any amount of loan in a matter of minutes. Super easy & super safe application process makes MoneyView the best choice for personal loans.

Flexible loans from ₹5K to ₹5L

Easy application process, completely digital 

Low interest rates starting from 1.33% per month

Check eligibility in 2 minutes

Money View is a digital platform for availing easy personal loans in India. To make it widely accessible for everyone, it has replaced cumbersome loan processes with simpler solutions and has ensured a hassle-free, quick, and secure lending experience. It stays honest and transparent about everything and helps you grow and achieve more by providing instant funds for various needs like a wedding party, a medical emergency, shopping, home renovation, or even a new business venture. Money View Loans offer competitive interest rates and are pocket-friendly to fit easily into your budget. Such loans come with a range of advantages as compared to loans from traditional sources and are a great option for enjoying financial freedom.

Some of the top reasons why Money View loans should be your first option in case of financial emergency:

  • 2 minutes eligibility check
  • End-to-end paperless process
  • Available pan India
  • Flexible repayment terms
  • In-house credit scoring model
  • Loans on low credit score

Interest rates and tenure of Money View Loans

Money View Loans are instant loans with less documentation, quick approvals, and a straightforward application process. It helps you in saving your valuable time and eliminates the hassle of visiting the bank and filling out lengthy documents. Here’s some basic information about the loan that will help you make an informed decision.

Interest Rates

To ensure a lesser burden on the lender, the Money View loan rate of interest starts at an affordable 1.33% per month. However, it varies depending on the amount borrowed, your credit score, repayment history, and other factors.

Tenure

You can enjoy flexible repayment terms with personal loans by Money View. You can repay the borrowed amount in easy EMIs within 3 to 60 months, i.e. up to 5 years, as per your convenience.

Processing Time

Money View Loans process the loan within 24 hours after the submission of your loan agreement. With the submission of correct documents, you can increase the chances of faster disbursal.

Fees and Charges of Money View Loans

Money View fees and charges for personal loans are transparent and affordable. There are no hidden charges and extra fees that you need to pay during your tenure. Here are the applicable charges that you must know about before applying for the loan.

Description Charges
Processing Fees 2% of the approved loan amount
Prepayment Charges It is not allowed
Preclosure Fees Nil (Preclosure is allowed only after a certain amount of EMIs have been paid)
Bounce Charges Rs 500 on every cheque bounce

Eligibility Criteria for Money View Loans

If you are interested in the personal loan, here are the Money View Loan eligibility criteria that you need to fulfil. Knowing them before you apply will help you get your application accepted and ensures quick disbursal of the loan.

  • Age: 21 years to 57 years
  • Occupation: Salaried or Self-Employed

Income:

  • Salaried: In-hand income every month should be Rs 13,500 or more (Also, it must be directly credited into your main bank account)
  • Self-employed: In-hand income should be Rs 15,000 or more every month

CIBIL Score: Minimum CIBIL score of the loan applicant must be 600. However, minimum Experian Score must be 650 or above.

Documents required for Money View Loans

Here are the documents that you are required to submit to avail of a personal loan. This minimal documentation requirement makes the Money View Loan process quick and easy.

  • Proof of Identity (any 1 of the following)
    • PAN Card
    • Aadhaar Card
    • Valid Indian Passport
    • Voter ID
    • Driving Licence
  • Proof of Address (any 1 of the following)
    • Aadhaar Card
    • Indian Passport
    • Voter ID
    • Driver’s Licence
    • Utility Bills (Electricity, Water, Gas)
  • Proof of Income
    • Salaried Applicants: Last 3 months’ bank statements of salary account
    • Self-Employed Applicants: Last 3 months’ bank statements

Money View Loan Amount

Money View Loan provides a custom offer to all its applicants where it decides the credit amount on the basis of their eligibility. If you are in urgent need of funds, here’s the amount you can borrow:

Minimum: Rs 5,000

Maximum: Rs 5,00,000

FAQs

How long does Money View take to disburse a loan?

To save you from waiting for long, Money View loan disbursement time is as quick as 24 hours. Within 24 hours of application approval, your loan amount gets disbursed and transferred directly into your bank account.

What is the rate of interest on the Money View loan?

Apart from instant, paperless loans, you can also enjoy the benefit of low interest. Money View loan interest rate is highly competitive and starts from 1.33% per month. This accounts for 16% annually.

Is it safe to use the Money View Loans app?

If you are wondering if the Money View loan is safe or not, the answer is absolute ‘Yes’. The security system of its application is designed to be on par with the leading bank's security that ensures the complete safety of your data. It employs 256-bit data encryption for data management, which offers excellent security.

How do I increase my credit limit on Money View?

CIBIL score is a key factor in deciding an applicant’s credit limit. It indicates the credit history of the borrower, and hence, by improving your CIBIL score, you can increase your credit limit on Money View. It can be done in the following ways:

  • Repaying your due amount and EMIs on time
  • Clearing off disputed card dues
  • Reducing credit usage
  • Repaying credit amount before statement generation
  • Providing current information with valid documents
  • Close unused credit cards

How do I delete my Money View loan account?

In order to delete your Money View loan account, you simply have to get in touch with the company’s customer care. This can be done via any of the following means:

  • Writing an email to “loans@moneyview.in” with your request for account deletion
  • Calling the customer service executives on Money View Loan customer care number: 080-4569-2002

Best Value

  • For flexible personal loans between Rs 5,000 and Rs 5,00,000
  • If your requirement is short term and Instant

What We Love

  • Flexible repayment tenure from 3 to 60 months
  • Instant approval, Get money in your bank account on the same day
  • Personal loan interest rates of as low as 1.33% per month
  • Completely paper-less, online process
  • No hidden charges
  • Available PAN India

Fees and List of All charges

  • Processing fees: Starting from 2% of approved loan amount
  • Cheque bounce charges: Rs 500 per bounce
  • Interest rate: Starting from 1.33% per month (16% per annum)
  • Loan cancellation charges: Nil
  • Loan foreclosure : No part payments allowed. Foreclosure allowed only after 3 EMI payments

Eligibility Criteria

  • Employment status: Salaried or self-employed
  • Income: Rs 13,500 per month
  • Credit score: 650 and Above, New to Credit/No credit score allowed
  • Age: 21-58 years

Documents needed

  • ID proof - Aadhaar and PAN card
  • Address proof
  • Bank statement or income proof