A personal loan is an unsecured loan that you can take from a bank or financial institution if you need money to finance a specific expense. After you apply for a personal loan application, the lender validates and accepts it. The loan balance is then deposited into your given bank account. You will repay the lender through EMIs over the duration of the loan repayment tenure once you have received the loan amount. Personal loans have a higher interest rate than other types of loans and are mostly for a shorter period of time. A personal loan, on the other hand, has much fewer eligibility requirements and is therefore much convenient to get one.
Most individuals are unaware that personal loans provide an additional benefit so that they can be used to receive tax breaks. Despite the fact that personal loans do not qualify for tax deductions, if the loan is used for a business deal, the purchasing/construction of a residential property, or the purchasing of assets for which exemptions are allowed. Wouldn’t it be wonderful if you could waste less time seeking loan approvals and navigating countless loan benefits?
Find out if you’re eligible for an instant personal loan from Money View right now. Money View’s personal loans of up to Rs. 5 lakhs will make you rethink your dreams as it is easy to apply. We’re here to help you achieve any goal or necessity you have. So let’s get started with the instant loan process of Money View here.
How to Get an Instant Personal Loan from Money View?
Money View offers personal loans to salaried or self-employed individuals with a monthly salary of Rs 13,500 or more. In addition, the individual must be between the age group of 21 and 57, with a minimum CIBIL score of 650. Once you’ve considered all of these factors, you’ll need to review your eligibility online and choose an appropriate instant loan amount and repayment period from a plethora of options. Following the completion of the KYC documentation process, the loan amount (starting from Rs. 10,000 and going up to Rs. 5,00,000) will be credited to your account within 24 hours of loan approval. Here’s the step-by-step procedure to get an instant personal loan from Money View.
Via Money View Mobile App
Follow the below-listed steps to apply for an instant personal loan using Money View mobile app:
- Open the default app store of your mobile and search for ‘Money View’
- Tap on install and wait for the download to complete.
- Now tap on ‘Get Started’ and allow all the required permissions.
- Now enter your Email ID and Mobile number, then tap on ‘Continue’
- Now select your employment type and enter your company’s name, monthly income (in-hand), and purpose of the loan.
- Click on ‘Continue’ and select a loan offer from the available options.
- Now upload the required documents i.e. PAN card, Aadhaar card, bank statement, and selfie in a PDF format.
- Now click on ‘Continue’ and you will get a successful message on your device screen.
Upon effective verification of your documents, the loan amount will be directly credited into your given bank account within 24 hours.
Why Should You Apply for a Personal Loan with Money View?
Online personal loans are evolving the financial landscape, which is unsurprisingly given many advantages such as easy approval, easy documentation, tools to check loan EMI amount and eligibility, etc. We appreciate your hesitation, which is why we’ve opted to explain why you should apply for a personal loan online with us.
Repayment Tenure: We provide a loan tenure of up to 5 years so that you can enjoy a flexible repayment option. Most lenders have a range of repayment strategies, which borrowers should be mindful of. A flexible repayment plan allows the borrower to choose the right choice for him or her. In other words, it decreases the EMI strain and lowers the default risk. That being said, as a borrower, you should be mindful that the rate of interest charged will be determined by a number of considerations, like the credit score, the loan amount selected, and the repayment period.
Quick Approval: Remember the days when you had to wait a long time to apply for a loan or call your respective bank branch to know your eligibility criteria. As soon as your documents are authorized, you can apply for a loan with us. You can apply from anywhere and at any time as the whole procedure is conducted purely digital and hassle-free.
Easy Approval of Documents: Take into account the old days when submitting physical copies of your documents at the nearest bank branch. Never again waste time, money, and paper by scrambling to print several copies of a document. We only require limited documents and, most significantly, provide marginally lenient eligibility criteria.
Low-Interest Rates: Get a simple, paperless loan from the convenience of your home as every part of the application is entirely digital, from paperwork to confirmation. Applying for an instant, paperless loan from Money View entails getting a personalized loan offer with incredibly low-interest rates, which currently begin at 1.33 percent per month.
Check your Loan Eligibility in 2 mins – Apply Now