If you are need of a hassle-free personal loan, Moneyview Personal Loan is one of the best personal loan app in India. With loan amounts ranging from ₹5,000 to ₹10,00,000 and flexible repayment durations, transparent and 100% paperless application process ensures a quick and easy experience. In this article we will explain all the details of Moneyview Personal Loan including benefits, eligibility criteria, documents required, fees and charges and how to apply for personal loan.
Benefits of Moneyview Personal Loan
- Flexible Loan Amount: Tailor your loan to your needs, ranging from ₹5,000 to ₹10,00,000, ensuring you get the precise amount required for your unique situation.
- Quick Eligibility Check: Experience the convenience of assessing your eligibility within just 2 minutes, streamlining the loan application process for your ease.
- Collateral-Free Loans: Say goodbye to the hassle of pledging assets or finding a guarantor; Moneyview offers personal loans without any collateral requirements.
- Affordable Interest Rates: Enjoy the advantage of competitive interest rates starting at just 1.33% per month, helping you manage your EMIs effectively.
- Easy Application Process: Embrace a hassle-free, 100% paperless application process that can be completed digitally, ensuring a quick and efficient experience from start to finish.
- Flexible Repayment Plans: Choose from flexible repayment durations spanning 3 months to 5 years, allowing you to customize your loan repayment according to your financial convenience.
- Own Credit Model: Benefit from personalized loan offers, irrespective of your credit score, thanks to Moneyview’s innovative credit model.
- Trusted Lending Partners: Partnered with RBI-authorized and regulated NBFCs/Financial Institutions, Moneyview ensures responsible lending practices and adherence to legal compliance.
- Digital Banking Features: Explore new-age banking with Moneyview’s Digital Savings A/c powered by Suryoday Bank, offering instant activation, a lifetime free virtual card, cashback on spends, and more.
- Wide Availability: Access Moneyview’s services across more than 5000 locations in India and choose from the app available in 8 languages.
- Speedy Disbursement: Experience the convenience of funds being transferred directly to your bank account within a few hours of approval.
| Key Features | Details |
|---|---|
| Loan Amount: | ₹5,000 to ₹10,00,000 |
| Repayment Duration: | 3 months to 5 years |
| Annual Interest Rate: | 16% – 39% |
| Processing Fees: | 2% – 8% + GST |
| Minimum Credit Score: | CIBIL 600 / Experian 650 |
| Age Limit: | 21-57 years |
| Disbursement Time: | Within a few hours |
Moneyview Personal Loan Eligibility Criteria
- Applicant Type: Available for both salaried and self-employed individuals.
- Credit Score: Minimum CIBIL Score of 600 or Experian Score of 650.
- Age Requirement: Applicants must be between 21 to 57 years old.
- Income Source: Income must be received in the applicant’s bank account.
Moneyview Personal Loan Documents Required
- Identity Proof (ID Proof): PAN Card, Aadhar card, Passport, Voter ID, Driving license (any one)
- Address Proof: Aadhar card, Passport, Driving license, Utility bills (any one)
- Income Proof (Salaried Individuals): Salary slips for the last 3 months, Bank statements for the last 6 months.
- Income Proof (Self-Employed Individuals): Income Tax Returns (ITR) for the last 2 years, Profit and loss statement, Business ownership proof
- Employment Proof: Appointment letter or offer letter from the current employer
- Bank Statements: Bank statements for the last 6 months, reflecting salary/income credits.
Moneyview Personal Loan Fees and Charges
- Interest Rates: 16% to 39% P.A.
- Example Interest Calculation: For a loan of ₹50,000 with an APR of 24%, the total interest paid over 12 months is ₹6,736.
- Processing Fees: Ranges from 2% to 8% of the loan amount + GST.
- Example Processing Fee Calculation: For a loan amount of ₹50,000 with an APR of 24%, the processing fee is ₹1,750 + ₹315 GST, totaling ₹2,065.
How to apply personal loan from Moneyview Personal Loan App?
- Download the Moneyview Loans App: Visit the App Store or Google Play Store on your mobile device.
- Provide Basic Details: Open the app and provide basic details required for the eligibility check.
- Verify your mobile number and complete the registration process.
- Check Eligibility in 2 Minutes:
- Fill in the necessary information to check your eligibility for a personal loan.
- Receive instant feedback on your eligibility status.
- Choose Loan Amount and Repayment Tenure:
- Based on your eligibility, select the desired loan amount and repayment tenure that suits your financial needs.
- Complete KYC and Verify Income: Upload the necessary KYC documents, including Aadhar card and PAN card.
- Verify your income through salary slips or business-related documents.
- Review and Confirm: Review the loan details, including processing fees and interest rates.
- Confirm your application for processing.
- Get Money Transferred to Your Bank Account: Once your application is approved, the loan amount will be transferred directly to your registered bank account within a few hours.
- Repayment Setup: Set up the repayment schedule as per the agreed-upon tenure and EMI amount.
- Monitor your loan details, EMI schedule, and other relevant information through the Moneyview Loans App.
Moneyview Personal Loan App Customer Care
- Phone: Call the customer care helpline at: 080-69390476
- Email: Send an email to: [email protected]
- Address: 17, 3rd Floor, Outer Ring Rd, Bellandur, Bengaluru, Karnataka 560087
FAQ
How much loan amount can I apply for with Moneyview?
Moneyview offers personal loans ranging from ₹5,000 to ₹10,00,000, allowing flexibility to cater to various financial needs.
What is the minimum credit score required for a Moneyview Personal Loan?
A minimum CIBIL score of 600 or an Experian score of 650 is required to be eligible for a Moneyview Personal Loan.
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