Money View: Quick Personal Loans in 24 Hours
Introduction:
In today’s dynamic financial landscape, Money View stands out as a top-tier private finance company, offering quick and convenient personal loans. Promising loan approval within 24 hours, Money View eliminates the typical wait times associated with financial services.
The service’s highlights include its flexibility on loan amounts, allowing eligible borrowers to access up to Rs. 10 lakhs. Prospective clients can swiftly check their eligibility through the website or app, a process designed to take just 2 minutes.
Unlike conventional loans, Money View’s personal loans are collateral-free, meaning no assets need to be pledged, nor guarantors arranged. Interest rates influence the monthly repayment burden, and Money View offers competitive rates starting at 1.33% per month.
While traditional banks and NBFCs are common loan sources, Money View’s personal loans bring considerable advantages. Eligibility criteria include:
- Age: 21-57 years
- Minimum Income: Rs. 13,500 credited to bank account
- Credit Score: CIBIL or Experian score of 650+
Here’s a detailed look at eligibility based on city:
Income and Credit Score Eligibility Criteria:
Salaried Individuals:
- Minimum Income: Rs. 13,500
- CIBIL Score: 650+
Salaried Residents of Mumbai/Thane or NCR:
- Minimum Income: Rs. 20,000
- CIBIL Score: 650+ or New to Credit
Salaried in Other Metro Cities:
- Minimum Income: Rs. 15,000
- CIBIL Score: 650+
Self-Employed Individuals:
- Minimum Income: Rs. 15,000
- CIBIL Score: 650+
The document requirement is straightforward:
- Identity Proof: PAN Card or alternatives like Aadhaar, Passport, Voter ID, or Driver’s License
- Address Proof: As above or recent utility bills
- Income Proof: Past three months’ bank statements
Fees and Charges are affordable:
- Interest Rate: From 1.33% monthly
- Processing Fees: 2%-8% of the loan amount
- Penalties like 2% monthly on overdue EMIs and Rs. 500 per cheque bounce case apply.
Once documentation is verified, customers receive a NACH form for auto-debit setup. Post NACH submission, review your loan agreement thoroughly on the app before proceeding.
Application Steps:
- Check Eligibility online in 2 minutes
- Select Loan Tenure: Customize loan amount and repayment duration
- Upload Documents via app or website
Money View’s seamless process ensures that your financial needs are met efficiently, empowering you to navigate financial demands without undue stress.