Money View provides Instant Personal Loans starting from 1.33% per month, with loan amounts of up to Rs 5 lakh and tenures of up to 5 years. Applicants can check their eligibility in just 2 minutes and receive loan disbursement within 24 hours of approval, all through a fully digital process. Money View has introduced an innovative credit-scoring model to assist individuals with lower credit scores in obtaining personal loans . However, a minimum CIBIL score of 600 or an Experian score of at least 650 is required to qualify for Money View Personal Loans. Money View has also partnered with mybankingtips.com to offer pre-approved personal loans to eligible customers with swift disbursal.
₹5L to ₹10L
1.33%
Upto 5 Years
2% - 8%
Interest rates for Money View Personal Loans begin at 1.33% per month and may vary based on factors such as the applicant's loan amount, credit scores, income, occupation, employment, and other related profiles.
Money View Personal Loan Highlights |
|
|---|---|
| Interest Rate | 1.33% per month onwards |
| Loan Amount | Rs. 5k to 10 lakhs |
| Tenure | Up to 5 years |
| Loan processing charges | 2% – 8% of approved loan amount |
| Minimum Monthly Income |
|
Note : Interest Rates as on 30 December 2024
| Table of Contents | ||
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| Compare Interest Rates offered by other lenders | ||
| Fees and other charges | ||
| EMI Calculator | ||
| Eligibility Criteria | ||
| Documents Required | ||
| Customer care | ||
| Banks/NBFCs | Interest Rates(p.a.) | |
|---|---|---|
| Axis Bank | 10.49% onwards | Apply Now |
| IndusInd Bank | 10.49% onwards | Apply Now |
| IDFC First Bank | 10.49% onwards | Apply Now |
| HDFC Bank | 10.50% onwards | Apply Now |
| ICICI Bank | 10.50% onwards | Apply Now |
| Kotak Mahindra Bank | 10.99% onwards | Apply Now |
| Tata Capital | 10.99% onwards | Apply Now |
| Bajaj Finserv | 11.00% onwards | Apply Now |
| Federal Bank | 11.49% onwards | Apply Now |
| DMI Finance | 12.00% - 40.00% | Apply Now |
| L&T Finance | 12.00% onwards | Apply Now |
| Kreditbee | 12.25% - 30.00% | Apply Now |
| MoneyTap | 12.96% onwards | Apply Now |
| Piramal Finance | 12.99% onwards | Apply Now |
| Aditya Birla | 13.00% onwards | Apply Now |
| MoneyView | 15.96% onwards | Apply Now |
| Cashe | 27.00% onwards | Apply Now |
Also read: Best Personal Loan Interest Rate
| Particulars | Rates | |
|---|---|---|
| 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 | Rs 500 each time | |
| Foreclosure charges | Nil | |
| Loan cancellation | No additional charges | |
Money View Personal Loan offers borrowers the option for foreclosure (full early repayment of the loan), but partial prepayment is not permitted. However, this option is available only after the borrower has made a minimum number of EMIs.
| Tenure | Foreclosure | |
|---|---|---|
| Up to 6 months | Not permitted | |
| 7 – 18 months | Permitted after payment of 6 EMIs | |
| Above 18 months | Permitted after payment of 12 EMIs | |
The loan amount for Money View Personal Loan falls within the range of Rs 5,000 to Rs 5 lakh.
Also read: Best Personal Loan in India
Also read: Best Personal Loan EMI Calculator
The eligibility criteria for Money View Personal Loan closely align with the typical criteria established by most banks and NBFCs. Some of the key factors that Money View considers when assessing personal loan eligibility for applicants include:
Also read: Best Personal Loan Eligibility
Money View streamlines the documentation process for a convenient loan experience. To apply for a personal loan with Money View, you need the following documents:
PAN Card is the primary ID proof required. If it is rejected due to image quality issues or other reasons, any one of the following documents can be used:
- Passport
- Aadhaar Card
- Voter ID Card
- Driver’s License
- Passport
- Aadhaar Card
- Voter ID Card
- Driver’s License
- Utility bills (water, gas, electricity) dated within the last 60 days
For salaried applicants, you'll need the last 3 months' bank statements (in PDF format) from the applicant's salary account showing salary credits.
For self-employed applicants, you'll need the last 3 months' bank statements (in PDF format).
Money View allows borrowers to apply for a top-up personal loan on their current loan to secure additional funds for additional financial needs. This feature is currently by invitation only and is available to individuals with a strong payment history. When you choose a top-up loan, a new loan account is created, which includes details of the outstanding amount from your existing loan and the additional top-up loan amount.
Also Read: Best Personal Loan Documents Required
To reach Money View Customer Care, you have the following contact options:
Also read: Best Personal Loan Balance Transfer
