Money View Personal Loan Eligibility Criteria for Salaried & Self-Employed Applicants

Personal Loan for Self Employed:- Disbursement in 24 hours and a paperless process, it is very important for a self-employed person to earn with less work. Money View offers self-employed individuals personal loans up to 5 lakhs at a low interest rate starting from 1.33% per month with minimum documentation and there is also no need for collateral.

How do I Apply for the Loan?

Check Eligibility Criteria for Self Employed:- 1. Applicants must be Indian citizens.rn2.Applicants must earn at least Rs. 15,000 per month in cash.rn3.The age of the applicants must be between 21 to 57 years.rn4.The applicants' earnings must be credited to their bank accounts directly.rn5.A CIBIL score of at least 600 or an Experian score of at least 650* is required. Documents Required 1.For Identity Proof: PAN card/Aadhar card/Valid Indian Passport/Valid Voter ID/Valid Driver’s License.rn2. For Address Proof: Aadhaar Card/Valid Indian Passport/Valid Voter ID/Valid Driver’s License/Utility Bills.rn3. For Income Proof: Bank statements from the last three months in PDF format.

Loan Interest Rates and Charges

1. Processing Fees: The processing fees vary between 2% and 8% of the accepted loan amount. The processing charge is taken from the loan amount before it is authorized.rn2. Interest Rates: It starts from 1.33% per month and varies as you change the loan amount, tenure.rn3. In the case of Cheque Bounce: It will charge you Rs. 500 each time your cheque bounce.rn4. In case of Loan Cancellation: There are no extra or hidden fees. Interest will be due for the time period between loan distribution and loan cancellation. Fees for processing will be deducted as well.

Steps to Take into Consideration After taking the Loan

Following the verification of your papers, you will be provided a NACH form, which must be printed, signed, scanned, and returned to Money View. You must check the loan agreement on the app after getting your NACH form. Please submit your application after carefully reading all of the terms and conditions.rnThis step will enable the auto-debit feature from your bank account, allowing you to pay your EMIs on time without having to manually intervene.

Personal Loan for Salaried Applicants:-

If you're looking for personal loans for salaried employees, Money View offers personal loans with reasonable rates and minimum documentation within 24 hours of loan approval. You can still acquire a loan using Money View's unique credit methodology if your CIBIL or Experian score is over 600 or 650. How do I Apply for the Loan? Check Eligibility Criteria for Salaried applicants:- 1. Applicants must be between the ages of 21 and 57.rn2. Applicants must be Indian citizens.rn3. Income must be credited to the applicants' bank accounts directly. rn4. Minimum In-hand income should be 13,500 for any area of residence; For areas like Mumbai/Thane or the NCR region minimum in-hand income should be 20,000; For areas like Metro City other than Mumbai and NCR minimum in-hand income should be 15,000. Documents Required:- For identity Proof: PAN card/Aadhar card/Valid Indian Passport/Valid Voter ID/Valid Driver’s License. For Address Proof: Aadhaar Card/Valid Indian Passport/Valid Voter ID/Valid Driver’s License/Utility Bills. For Income Proof: Bank statements from the last three months in PDF format.

Loan Interest Rates and Charges

Loan Processing Fees: The percentage varies between 2% and 8% of the accepted loan amount. The processing charge is taken from the loan amount before it is authorized. Interest Rates: It starts from 1.33% per month and varies as you change the loan amount, tenure. In the case of Cheque Bounce: It will charge you Rs. 500 each time your cheque bounce. In case of Loan Cancellation: There are no extra or hidden fees. Interest will be due for the time period between loan distribution and loan cancellation. Fees for processing will be deducted as well.

Things to look after while taking the loan

Based on the options available, select the loan amount and payback term that you choose. If not chosen carefully then you may face difficulties while playing the EMIs and it may hamper your daily life. You must upload all appropriate papers, which will then be checked. If you have any doubts before taking the loan you can get it cleared by consulting with the team with the helpline number: ‘08045692002’. You can get in touch via “loans@moneyview.in”, payments@moneyview.in, partnersupport@moneyview.in. You can get your answers within 24 to 48 hours. Note that Money View has only one customer care number, do not get misdirected by others and speak your details to any other site or number in the name of Money View.