Apply online for an Moneyview and experience quick, hassle-free approval with minimal documentation. Moneyview is designed to meet your financial needs, whether for home renovation, medical expenses, travel, or debt consolidation.
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Eligibility Criteria for Money View Personal Loan
For both paid employees and independent contractors, MoneyView Loan offers quick personal loans up to ₹ 5,000,000. In terms of age, minimum income, and credit score, it has established particular eligibility requirements for qualified applicants for this purpose.
A person must be employed on a salary or be self-employed.
The person's monthly take-home pay should be at least INR 13500.
Your pay should go into a bank account rather than cash.
To be eligible to apply for a Moneyview loan, you must have a Cibil Score of at least 600.
The applicant's age should be at least 21.
A maximum age of 57 should not be exceeded by the candidate.
In order to prove or confirm the applicant's eligibility in accordance with Money View's requirements, Money View Loans apply requires a few fundamental papers as part of the application process. Below is a list of the supporting documentation that must be presented with a properly completed application for a quick personal loan from Money View.
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Aadhar cards, passports, licenses, and ration cards are all acceptable forms of identification.
Ration card, Aadhaar card, passport, electricity bill, or any other form of address verification.
PAN Card
Salaried employees should provide PDF versions of their most recent bank statements, Form 16, and pay stubs.
Self-employed people: Bank account statements and the last two to three years' ITRs.
Loan processing charges | 2% – 8% of approved loan amount (deducted from loan amount during fund transfer) |
Interest on overdue EMIs | 2% per month on overdue principal loan amount/EMI |
Cheque bounce | ₹ 500 each time |
Foreclosure charges | Nil |
Loan cancellation | No additional charges |
Money View offers instant personal loans with loan amounts up to ₹ 5 lacs and terms up to 5 years, starting at 1.33% monthly. Personal loan disbursement is possible within 24 hours of approval, and for eligible candidates, the loan can be processed in as little as 2 minutes. The entire process, from loan application to disbursement, is carried out digitally.
Money View uses a specialized credit-scoring algorithm for borrowers with lower credit ratings. Applicants must have a minimum CIBIL score of 600 or an Experian score of 650 to qualify for the loan. Money View has partnered with Paisabazaar.com to offer pre-approved personal loans to select customers with fast disbursement.
Ans: On past-due payments, Money View assesses interest at a rate of 2%.
Ans: Money View offers loan tenures ranging from a minimum of 3 months to a maximum of 5 years (60 months).
Ans: A loan can be foreclosed only after making at least three EMI payments.
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