Description

What is MoneyView?

When life throws you curveballs and you cannot dip into the savings, then Money View can help you out. The money view is a lending platform provides unsecured Best personal loans in a matter of few hours. From the online loan application to the loan disbursement, the complete loan processing on Money View personal loan is entirely digital.

Money View has aimed at building finance to fit the country and have been constantly adding features at the request of their customers. The app facilitates the user with various features like online tracking of the loan application, provides you all the verification information, and keeps you updated about the upcoming EMI payments as well. Money View has a team of enthusiastic and passionate youngsters who are always excited to use technology to revolutionize the personal finance industry. 

Features and Benefits of Money View Instant Personal Loan

  • Money View offers instant personal loans to both the salaried and self-employed individuals with a constant income.
  • A borrow can avail the loan amount as per his/her requirement ranges from Rs. 10,000 to Rs. 5 lakhs.
  • The flexible loan repayment tenure up to 5 years is provided from a borrower can choose as per his/her convenience.
  • Loan amount disbursement is done directly to the borrowers account within 24 hours of the loan approval.
  • The lucrative rate of interest is charged on Money View instant personal loan which starting from 1.33% per month.
  • Instant verification of the borrower's identity is done through Aadhar or e KYC. Name and address are validated and the photograph is extracted from the UIDAI database for eKYC.
  • The entire loan processing from the documentation to the loan repayment is done digitally which helps in saving borrowers time and efforts.
  • A borrower can apply for an instant personal loan on Money View from anywhere in India. 
  • Money View App makes the process of acquiring an instant personal loan a seamless and friendly experience.
  • A borrower can track the loan application status, get verification details and the EMI payments through the app. 
  • On Money View, an applicant can easily check the eligibility in just 2 minutes and get cash disbursed in the loan account in a few hours.

Money View Personal Loan Interest Rates & Charges

Availing instant personal loans from Money View ease a borrower with a lot of effort as it is a completely paperless loan. A custom credit option with a pocket-friendly rate of interest loan is provided on Money View.

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 allowed

For full payment of your loan, you should have paid at least 3 EMIs.

Interest on Overdue EMIs

2% per month

| Check All Bank Personal Loan Interest Rate 2020

Money View Personal Loan Eligibility Criteria

The eligibility criteria to avail of a Money View instant loan can vary based on various factors. Having said that, here are the general eligibility criteria to fit into to acquire a Money View instant personal loan: 

  • You must have Indian citizenship. 
  • You must either be a salaried employee or a self-employed individual or a business owner. 
  • Your age should be between 21 years to 57 years. 
  • You should have a savings bank account. 
  • Your monthly income should be Rs. 13,500 or more.
  • The minimum CIBIL score of 650 or an Experian score of 750 is required for Money View instant personal loan. 

| Check all Banks & NBFC Personal Loan Eligibility Criteria

Money View Instant Personal Loan Documents Required

The following are the basic documents required to be submitted for the Money View instant personal loan: 

  • Passport-sized photograph
  • A copy of any of the documents as identity proof:
  • Aadhaar Card.
  • Voter's ID Card.
  • PAN Card.
  • Latest Form 16 and salary slip for salaried individuals.
  • Passport.
  • Voter's ID Card.
  • Driving License.
  • Bank statement of the previous 6 months in PDF format.

Top 10 Reasons to Apply for An Instant Personal Loan from Money View

  1. Flexible Repayment Term:-  The flexible repayment tenure up to 5 years is offered to the borrower in an instant personal loan. A borrower can choose the convenient repayment tenure among the offered term. 
  2. User-friendly Personal Loan App:-  As an internet platform, Money View hosts multiple non-banking financial companies. Money View instant personal loan App is designed while keeping the ease, convince and user-friendly as the key. Money View assists all individuals with various options of instant personal loans with different amounts and repayment tenures.  
  3. Online Loan Process:- The whole processing of the Money View instant loan is done online. This facilitates a borrower to apply online for an instant personal loan, upload the required documents and e-sign the loan agreement with the comfort of home. A borrower can apply for an instant personal loan at any time from any place.
  4. Build a Credit History:- Avail an instant personal loan from Money View and pay it all back on time to build a good credit score.
  5. Multipurpose Loan:- The instant personal loan amount of MoneyView can be used for any reason as per the borrower’s wish. Freedom of loan amount usage is one of the best advantages of an instant personal loan. 
  6. Offer Quality Services:- Money View comes with low-interest rates and makes it easy for the borrower to get a personal loan, for the way he/she wants to live anytime, anywhere. 
  7. Unsecured Loan:- Money View instant personal loans are collateral-free loans. This keeps the borrower free from the risk of losing any asset in case of default of the loan amount.
  8. High Approval Rate:- The moneyview loan application approval rate is quite high. It has been able to serve the larger sector of the people than that of banks because of the big data analytics engine.
  9. Quick Loan Disbursal :- Money View justifies the name of instant personal loan with the quick disbursement of the loan amount. This makes it the best financial tool to fight emergencies. An instant loan is disbursed in a short period of applying for it.
  10.  Pan India Coverage:- Money View operates in India with a wide presence of over 5000 cities, which covers almost all big Tier I and Tier-II cities.

How to Track Your Instant Personal Loan Application

Once an applicant has applied for an instant loan can track the status of loan application anytime from anywhere with the help of the Money View online application process. There are various ways of tracking the loan application depending upon the status and the platform you’ve applied from.

Here are the main steps you are required to follow:

1. If you’ve applied via Money View website

  • Step 1: Go to the login section on the website.
  • Step 2: Click on apply-loan or signup.
  • Step 3: Login into the loan account with your registered email ID.
  • Step 4: Go to the “Dashboard” section of your loan account.
  • Step 5: Scroll down to the “Application Status” tab to track your loan application status.

2. If you’ve applied through the Money View App

  • Step 1: Open the Money View Loan App.
  • Step 2: Get registered yourself with a valid email ID, in case if you haven’t done it yet.
  • Step 3: If you have the Money View App, head over to the “Loans” section.
  • Step 4: Once you switch over, you’ll be automatically directed to the “Application Status” screen.

Money View Personal Loan Customer Care

Money View personal loan customer support team strives to assist you. In case of any query or complain you can call them on Money View customer care number 080 4569 2002 and you can also connect via mail, for:

FAQs

Q1Will I have to submit any collateral as security for this loan?
No, there is no requirement of any security as it is an unsecured loan.
Q2 Do you give loans to non-salaried individuals?
Yes, we do provide instant personal loans to the non-salaried individuals as long as they have a steady monthly income of Rs.25,000 or more.
Q3 Will I be charged any processing fee when I get the loan?
Yes, the low and one-time processing fee is charged on instant personal loans which starts from 2.5%.
Q4What is the minimum income requirement to get an instant personal loan from Money View?
The income eligibility for availing an instant personal loan from Money View can differ from one application to another. Below are the generic income eligibility criteria of both the salaried and self-employed individual: For salaried customers:- 1. Minimum monthly income required Rs. 20,000 if: a) Applicant is the first time taking a loan or b) An applicant is the residents of Mumbai/Thane or NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc) 2. Minimum monthly income is 15,000 if Bureau score (CIBIL) is > 675 and customer is located in a metro city (other than Mumbai/NCR) 3. The minimum monthly income requirement increases to Rs. 25,000 if an applicant's credit score is between 300 and 675. 4. Minimum monthly income is 13,500 for everyone else For self-employed Customers:- Minimum income requirement Rs. 25,000
Q5Can I get a loan If I get a salary in cash?
For now, we only provide loans to the applicants who receive their salary into the bank account.
Q6 How do I repay the loan?
You can repay the loan through monthly EMI payments.
Q7What are the steps that need to be followed to get an instant personal loan from Money View?
You can get an instant loan on Money View without any paperwork through the following steps: Step 1: Complete and submit your loan application on the app. Step 2: Once you submit the loan application, our team goes through the submitted documents and assesses the creditworthiness along with the other important details on the application. Step 3: Post the verification process, we’ll send you a NACH form, which you’re required to print, sign on, scan, and send back to us. Step 4: On receiving your NACH form, we’ll send you a loan agreement on the app. You’ll need to review and submit the agreement. After this, the loan amount will be disbursed into the bank account within few hours.
Q8Can I get various loans at a time from Money View?
No, we don’t provide more than one loan at the same time. However, you can settle the existing repayments and start afresh loan whenever you want to.
Q9 How does my credit score get affected by this loan?
The CIBIL score gets affected only if you do not repay the loan on time or if you miss the EMI payments altogether. With the timely repayments, your CIBIL score will only improve.
Q10Can I cancel the loan at any stage?
No, you cannot cancel the loan after the submission of the Loan Agreement form, before that you can.
Q11What happens if I’m not able to pay my EMI on time?
If you don’t pay the EMI on time, we allow a grace period of up to 3 days. Beyond this time a late payment fee will be charged.