A Personal Loan is so affordable these days that most loan seekers are tilting towards it. Undoubtedly, a personal loan has the goal of reducing the liabilities of the borrower and saving borrowers and lenders an immense amount of time. The functioning of an instant personal loan has been motivated by almost every bank and financial institution. Money View is one of the Best Instant Personal Loan Apps in India. The Money View is a lending platform that offers in a matter of a few hours unsecured personal loans.
Top Reasons of Money View being one of the best Instant Personal Loan Apps in India
- Flexible Term for Repayment: The borrower is given an immediate personal loan with a flexible repayment period of up to 5 years. The comfortable repayment tenure can be selected by a borrower from the offered term.
- Personal Loan App User-friendly: Money View hosts several non-banking financial firms as an internet forum. Money View is one of the best instant personal loan apps in India majorly due to providing simple, compelling, and user-friendly financial services. Money View helps all people with various instant personal loan options with different amounts and repayment tenures.
- Online Loan Processing: The entire processing of the Money View instant loan is done online. This makes it easier for a borrower to apply online for an instant personal loan, upload the necessary documents, and e-sign the home comfort loan agreement. A borrower from any location may apply for an instant personal loan at any time.
- Create a history of Credit: Get a Money View Instant Personal Loan and pay it all back on time to build a strong credit score.
- Loan multipurpose: Money View’s instant personal loan sum can be used as per the wish of the borrower for any occasion. Right of use of the loan amount is one of the best benefits of an immediate personal loan.
- Quality Facilities offer: Money View offers personal loan at low-interest rates and this is one of the major reasons of its being one of the best instant loan in India.
- Loan unsecured: Instant personal loans from Money View are collateral-free loans. In the event of a default on the loan sum, this leaves the borrower free from the possibility of losing any asset.
- High approval rate: The approval rate of the Money View loan application is very high. Because of the big data analytics engine, it was able to represent the broader people’s sector than that of banks.
- Fast disbursal of Loan: The name of the instant personal loan with the easy disbursement of the loan sum is justified by Money View. This makes it the perfect weapon to combat crises financially. Within a short period of applying for it, an instant loan is disbursed.
- Coverage of Pan India: With a large footprint of over 5000 cities, Money View operates in India, covering almost all major Tier I and Tier-II cities.
Features of Money View Personal Loan
- Instant personal loans to both salaried and self-employed people with a constant income is given by Money View.
- The loan sum may be used for a loan as per its requirement, ranging from Rs. 10,000 to Rs. 5 lakhs.
- A borrower has a flexible loan repayment tenure of up to 5 years that he/she can select according to his/her convenience.
- Disbursement of the loan sum is done directly to the borrowers’ accounts within 24 hours of acceptance of the loan.
- The lucrative interest rate is paid on an instant personal loan from Money View, beginning at 1.33 percent per month.
- Via Aadhar or e KYC, instant verification of the identity of the borrower is achieved. The name and address are checked and the picture is retrieved from the UIDAI e KYC.
- From the paperwork to the loan repayment, the entire loan processing is handled online, which helps save time and effort for borrowers.
- For an instant personal loan on Money View from anywhere in India, a borrower may apply.
- The method of obtaining an instant personal loan makes the Money View App a smooth and friendly experience.
- A borrower can monitor the status of the loan application, get details of the verification, and through the app the EMI payments.
- A borrower can easily verify eligibility in just 2 minutes on Money View and get cash disbursed in a few hours in the loan account.
Money View Personal Loan Charges
|Types of Loan Fees||Applicable Charges|
|Interest Rate||Starting from 1.33% per month|
|Loan Processing Fees||Starting from 2.5% of the approved loan amount|
|Loan Foreclosure||No part payments are allowedFor the loan full payment, you should have paid at least 3 EMIs.|
|Interest on Overdue EMIs||2% per month|
Generic Eligibility for Money View Instant Personal Loan
- You have got to have Indian citizenship.
- Either a salaried employee or a self-employed person or a business owner must be you.
- Your age should range from 21 years to 57 years old.
- You should have a bank account with deposits.
- Your salary per month should be Rs. 13,500 or more.
- For Money View immediate private loan, a minimum CIBIL score of 650 or an Experian score of 750 is required.
Basic documents needed for the Money View Personal Loan
- Passport-sized photo
- A copy of some of the documentation as proof of identity:
- Aadhaar Card.
- Voter ID Card.
- The PAN Card.
- Driving License.
- Latest Form 16 for salaried persons and salary slip.
- A copy of any documents proving the address:
- Aadhaar Card.
- Voter ID Card.
- Driving License.
- Bank declaration in PDF format for the previous 6 months.
Without any paperwork, you can easily get an instant loan on Money View through the following steps:
Step 1: Complete your loan application on the app and submit it.
Step 2: The team goes through the documentation after sending the loan application and tests the creditworthiness along with the other important information on the application.
Step 3: Money View sends you a NACH form following the verification process, which you are expected to print, sign on, scan, and send back to us.
Step 4: The Money View sends you a loan agreement on the app after obtaining the NACH form.
You’ll need the document to be checked and signed. After that, within a few hours, the loan balance will be directly disbursed into the bank account.
Availing instant personal loan from Money View can be one of the best decisions in your life. As it is one of the best instant personal loan apps in India, that offers amazing and customized deals to its customers with great customer support. So, if you are planning to avail of a personal loan then you can give a thought to Money View instant personal loan app.