A personal loan is a multipurpose way to borrow money that can assist you in meeting a variety of financial objectives as well as concerns. Whether you want to reduce debt, pay for a home refurbishment, cover medical expenditures, or go on an anticipated trip, a personal loan may be beneficial. However, using a personal loan carefully is vital for ensuring that it supports you without putting you under anxiety about your finances.
Banking institutions and financial organizations provide personal loans, which can help you fulfil your financial needs in times of desperate situations. Means assisting you in dealing with the challenges that life brings sometimes. But one issue that many candidates have is, “What amount of personal financing can they receive on their salary?”
In several situations, these banks take into account your wage as a significant instrument in determining whether you’re eligible for personal loans. Your paycheck is your usual source of earnings, and it is the starting point of your reliability for prompt repayment of the amount borrowed.
| Personal Loan Highlights | |
| Interest Rate | 16% p.a. onwards |
| Loan Amount | Up to Rs 5 Lakhs |
| Tenure | Up to 5 years |
| Minimum Monthly Salary | Rs 13,500 |
| Processing Fee | 1% – 4% |
Features and Advantages of MoneyView Personal Loan
- Moneyview fast personal loans are available to both employed and self-employed persons who have a consistent source of income.
- Flexible loan amounts ranging from Rs. 10,000 to Rs. 5 lakh
- Loan payback terms are flexible, ranging from one to five years.
- Loan funds are disbursed within 24 hours following loan approval.
- The funds are credited swiftly to the borrower’s bank.
- Aadhaar or eKYC are used to instantly verify the borrower’s identification.
- Starting from loan documentation to loan repayment, the loan application method is completely digital and easy.
- Borrowers from throughout India can apply for Money View fast personal loans.
- The versatile app offers numerous capabilities, such as tracking loan application status, receiving verification details, and making EMI payments via the app.
- In just 2 minutes, you can check your personal loan eligibility.
MoneyView Personal Loan Eligibility Criteria
- Applicants must be either employed or self-employed.
- Money View personal loans require a minimum CIBIL score of 550+
- The person applying must be between the ages of 21 and 57.
- You should have an absolute minimum income of Rs. 13,500.
- Minimum Job Experience should be of 3 Months.
Required Documents for MoneyView Personal Loan
- KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
- Last 3 month Salary Slip
- 6 month Bank Statement in PDF
- Form 16 of last 2 year
- Rent Agreement if rented or Utility Bill if residence is owned
- Sanction Letter of all current running loan if any
- Office ID Card or Official EMAIL ID if any
How can you apply for a loan with Money View?
- To begin, visit the Google Play Store and install the latest version of the Money View mobile app. Once you’ve downloaded the app, enter your information to get started with the loan application procedure. You will also be required to provide specific documents so that Money View can assess how trustworthy you are.
- After your profile has been evaluated and approved, you will be sent a NACH form. You must print the form, sign it, scan it, and email it to Money View. By filling out this form, you will be able to activate the auto-debit function, allowing you to effortlessly pay your EMIs.
- You will be given the loan arrangement on the app after Money View receives your NACH form. You must read the agreement, and if you accept the terms, submit it using the app. The application and approval procedures are now complete. The loan amount will be credited to your bank account within a few hours.
How can you apply for a Money View Personal Loan through Refer Loan?
If you are looking for a seamless process to avoid the complicated loan application process, you can apply easily through Refer Loan’s website.
1) Once you’ve finished reviewing the details, charges, and necessary documentation for personal loans, confirm eligibility.
2) You’ll be taken to the application page. Enter the basic information requested.
3) Select Eligible Offers to see Money View offers that are accessible to you based on what you’re eligible for.
4) Select Next.
5) An OTP will be sent to your mobile device. For authentication, input this OTP.
6) Send in your application.
Have fun with life to its maximum without thinking about monetary resources. A Money View personal loan might help you support your pursuit of happiness.
Conclusion
You could face a shortage of money at any moment and immediately start looking for it. Several individuals look to banks to acquire personal loans to meet their financial demands, but getting clearance from the bank is difficult. On the other hand, you will have to take out a large personal loan merely to meet your little financial obligations.
As a result, you can check into the Money View Loan, where you can get a short-term personal loan. You may take out money via the Money View Loan Application for a limited time at a monthly interest rate of 1.33%. If your requirements are modest, you can obtain a loan of as little as INR 10,000.