Top 4 Benefits to use Money View- A Digital Platform to get Instant Loans
Seeking a straightforward and secure way to obtain a personal loan in India? Look no further than Money View! Their digital platform enables you to easily and promptly access loans without any hassle. They're committed to honesty and transparency, ensuring that you can trust them to provide the financial support you desire for significant events like weddings, medical emergencies, shopping trips, home renovations, or even starting a new business. Due to their competitive interest rates and affordable repayment options that are within your budget, opting for Money View Loans will be an intelligent choice for those seeking financial independence. Don't wait any longer; apply for a loan today and discover how simple it can be to achieve your aspirations!
Money View Personal Loan Interest Rates, Processing Fees & Charges
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Money View Personal Loan Highlights |
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Interest Rate |
1.33% per month onwards (16% Annually) |
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Tenure |
Up to 3 to 60 months, i.e. up to 5 years |
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Loan Amount |
Obtain any amount from Rs. 5,000 to Rs. 10,00,000 |
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Loan processing charges |
Starting from 2% of approved loan amount |
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Part/Full Payment of the Loan (Loan Foreclosure) |
No part payments are allowed For foreclosure of the loan, you should have paid a minimum of 3 EMIs |
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Interest on Overdue EMIs |
2% per month |
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Cheque Bounce |
Rs. 500/- for every bounce |
Note: Rates as of Aug 2023
Money View Personal Loan Foreclosure Charges
Money View Personal Loan offers foreclosure option for borrowers only after they have paid a minimum number of EMIs. The table below highlights the details:
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Tenure |
Foreclosure |
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Up to 6 months |
Not permitted |
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7 – 18 months |
Allowed after payment of 6 EMIs |
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Above 18 months |
Allowed after payment of 12 EMIs |
Money View Personal Loan Eligibility Criteria
The eligibility criteria for obtaining a Money View Personal Loan are comparable to the personal loan eligibility criteria set by many banks and NBFCs. Money View considers several factors to determine the personal loan eligibility of their applicants such as the following:
- Individuals who are salaried and self-employed are eligible
- Must be aged between21 to 57 years
- CIBIL score of at least 600 or Experian score of at least 650
- Monthly in-hand income of 13,500 or more
- The income should be credited directly to the applicant’s bank account. Those who get salaries in cash are not eligible
Top 4 Benefits to Obtain Instant Personal Loans from Money View
Here are the main reasons why Money View instant loans are superior to other options:
- Unique credit model- At Money View, they recognize that each individual has unique loan needs. As a result, they provide personalized offers tailored to the client's eligibility.
- Quick Disbursement- Sometimes, we may find ourselves in need of additional funds. To address this, lenders strive to ensure the swift processing of loan applications and prompt crediting of approved amounts to the borrower's account, typically within a few minutes.
- Hassle-free Application Process- Obtaining a loan shouldn't be a complex process. With Money View services, getting a loan is hassle-free and can be done entirely from the comfort of your home.
- Minimal Documentation- Money View mainly requires your PAN card and a selfie. Occasionally, you may also be asked to provide proof of address and a bank statement. It's important to make sure that your Aadhaar and mobile numbers are linked as well.
Documents Required for Money View Personal Loan
Money View requires minimum documentation to provide a hassle-free loan experience. The primary document required to process the loan application is the PAN Card. However, in some cases, they will require additional documents for proof of address and income.
Following are the acceptable documents for proof of ID, address, and income:
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Proof of Identity |
Proof of Address |
Proof of Income |
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Valid Indian Passport Valid Voter ID Valid Driver’s License |
Any one of the following: Valid Indian Passport Valid Voter ID Valid Driver’s License Utility Bills (Electricity, Water, Gas) dated within the last 60 days |
Salaried Applicants - Last 3 months’ bank statements of salary account in PDF format showing salary credits Self-Employed Applicants - Last 3 months’ bank statements in PDF format |
Conclusion
Money View aims to simplify your loan application process and make it stress-free. They have minimized the documentation requirements so that you can quickly and conveniently opt for a paperless personal loan of up to Rs. 10 Lakhs without any collateral. The loan amount can be used for various personal needs, such as purchasing a mobile phone, travelling, medical emergencies, education, weddings, home renovations, and more. Visit Money View now and get the loan you need without any delay.
