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CreditMantri Finserve Private Limited
CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002
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Money View Instant Short Term Loans are one of the most convenient options for instant personal loans of the customers. Customers can get easy and hassle free loans within 24 hours of application. Loan amount can be up to a maximum of Rs. 5,00,000 for an interest rate as low as 1.33% per month. The maximum tenure of these instant loans is 5 years and the processing charges are a minimum of 2% of the loan amount. Check the eligibility for Money View Instant Short Term Loan instantly within 2 minutes.
Processing Fee
From 2%
Max Tenure
3 – 60 months
Best Rate
1.33% P.M
Features
Pricing
Processing fees 2-6% on loan amountDocuments Required
Personal loans are one of the easiest loan options available to the customers in the market. The purpose of the loan can be quite flexible. At the same time the documentation and eligibility for personal loans is also not as stringent as compared to business loans or housing loans etc. There are many options for customers to avail a short-term from either banks or non-banking financial institutions or micro finance institutions.
Money View is one of the popular NBFCs for customers to get an instant personal loan. The loan disbursal under Money View can be as quick as within 24 hours of application. The details of the instant personal loans of Money View are mentioned hereunder.
Money View provides instant personal loans up to Rs. 5,00,000 to salaried as well as self-employed persons For this purpose, it has set specific eligibility criteria for eligible applicants with regards to age, income threshold and credit score.
The details of the same are tabled below.
Category | Age Requirements | Income Requirement | ||
City | Minimum Income Requirement | |||
Salaried Applicants | Minimum Age – 21 Years Maximum Age – 57 Years | Any city or town across the country | Rs. 20,000 | Between 1-299 or for those new to credit |
Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.) | Rs. 20,000 | Minimum credit score of 650/ 750 as applicable | ||
Other Metro Cities (except Mumbai and NCR) | Rs. 15,000 | Minimum Credit Score of 675 | ||
Any other city other than the above cities | Rs. 13,500 | Minimum credit score of 650/ 750 as applicable | ||
Self-Employed Applicants | Minimum Age – 21 Years Maximum Age – 57 Years | Any city or town across the country | Rs. 25,000 | Minimum credit score of 650/ 750 as applicable |
Apart from the above eligibility criteria, the other important factor to be considered is the deposit of the income into a bank account. This implies that if a person qualifies to be an applicant based on the income level but does not have their income deposited in any bank account, such person will not be eligible for an instant personal loan of Money View.
Money View requires certain basic documents as part of the application process that can establish or verify the eligibility of the applicant according to the specifications of Money View. The list of documents that have to be submitted along with the duly filled application form for an instant personal loan of Money View is given below.
Identity Proof of the Applicant
The identity proof of the applicant requires a clear and correct mention of the date of the applicant in the format of dd/mm/yy. The applicant can submit any of the following documents as an identity proof
Passport
Driving License
Address Proof of the Applicant
The address proof of the applicant to be submitted by the applicant has to mention the pin code and the current address of the applicant. Any of the following documents can be submitted as part of the address proof of the applicant.
Aadhaar Card
Passport
PAN Card
Driving License
Voter ID
Ration Card
Latest Utility Bills (within 60 days of application)
Income Proof of the Applicant
The income proof of the applicant will depend on the category of the applicant whether salaried or self-employed. The details of the same are mentioned below
Category | Document to be Submitted |
Salaried Applicants |
|
Self-Employed Applicants |
|
Bank Passbook generated within last 60 days
The entire process of loan application and disbursal is online for Money View Loan. The customers can follow 4 simple steps to apply for the loan of Money View and get an instant disbursal of the same within 24 hours of application. Following is the procedure to be followed by the applicants for applying the instant short term loan of Money View.
The instant personal loans of Money View come with many features and benefits for the customers. The details for the same are mentioned below.
Quantum of Loan
The loans available under the instant personal loans of Money View can be as low as Rs. 10,000 up to Rs. 5,00,000. Customers can choose the amount of loan based on their requirement.
Tenure
Money View offers flexibility in repayment of the loan taken. Customers can pay the loan within the tenure ranging from 3 months to a maximum of 60 months or 5 years.
Interest Rate
The rate of interest offered by Money View is very affordable and reasonable as per market standards. The rate of interest on Money View Instant Personal Loans varies from 1.33% per month to 2.5% per month depending on the amount of loans, credit score and the tenure of the loan.
Quick Disbursal
The loans of Money View are instantly disbursed upon receiving the application and the verification of the documents. Applicants can get the loan disbursed within 24 hours of application if the documents submitted are in order and the application is complete. This helps the applicants to get instant financial assistance to meet their personal needs.
Instant Eligibility Check
Money View offers the applicants instant eligibility checks in order to get the loan processed. Customers can check their eligibility by visiting the website of Money View and clicking on the link available for the same at the homepage.
Lower Credit Score
Most banks and financial institutions offer loans only if the credit score of the applicant is good. Money View on the other hand offers instant personal loan on credit scores as low as 600. Money View also offers credit to new customers or customers that are new to credit scores and may have credit scores between 1 and 299.
Digital Process
The entire loan process of Money View is digital. All the stages of instant personal loans of Money View are done digitally whether is checking the eligibility, loan application process as well as loan disbursal process. This ensures that the process is quick and hassle free and provides utmost convenience to the customers.
The list of fees and charges applicable to the instant personal loans of Money View is tabled below.
Loan Processing Charges | Ranging from 2% to 8% of the loan amount sanctioned |
Interest on Overdue installment (EMI) | 2% on the overdue installment (EMI) or the Principal Loan Amount |
Cheque Bounce Charges | Rs. 500 per cheque bounced |
Loan Cancellation Charges | No extra charge for loan cancellation. The interest for the period between loan disbursed and loan cancelled will be levied and Processing charges will not be refunded. |
Part Payment of Loan and Prepayment of Loan | Money View does not allow part payment of loan Loan can be foreclosed or prepaid only after completing 3 EMIs |
1. What is the rate of interest charged on overdue installment?
Money View charges interest at the rate of 2% on overdue installments.
2. What is the tenure of loans offered by Money View?
Money View provides instant short term loans for a period of minimum 3 months up to a maximum of 5 years (60 months)
3. What is the minimum duration after which a loan of Money View can be foreclosed?
Customer can foreclose the loan of Money View only after a minimum payment of 3 EMIs.
4. How can the customers contact Money View?
The customer care number of Money view that the customers can use to contact in case of any query or issue is 080 4569 2002. Customers can also email their queries on the following email ids
Query | Email Id |
Loan Queries | loans[at]moneyview[dot]in |
General Queries | feedback[at]moneyview[dot]in |
Loan Payment Queries | payments[at]moneyview[dot]in |
5. What is the maximum age of the person to be eligible for a loan from Money View?
The applicant can be maximum 57 years of age to be eligible for a loan from Money View.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf. We do not sell any loans on our own and do not charge any fee from our customers/viewers for the purpose of loan application