Monethics Personal Loan 2022: How to get a personal loan from the App?

Monethics personal loan 2022: How to get a personal loan from the App? Monethics is a very successful application famous for its innovative and flexible structure for a personal loan. This App is one of the most successful ones in its class. You can easily apply for a personal loan from the App. You can take a minimum of 2,500 to a maximum of 2,00,000 loan amount, and that too, within minutes. In this article, we will give you all the details related to Monethics personal loan.

Monethics Personal Loan

The Monethics personal loan application process runs wholly online, and that makes it even more successful and hassle-free. You can repay the loan amount in tenure of 60 days to 180 days. Also, you can increase the date of your loan repayment by paying some extra charges. You don’t have to pay any additional costs on loan approval. Once you have submitted details about yourself, you can take out a loan multiple times.

You can also take out a loan many times after repaying the previous one. You don’t need to do paperwork and documentation, and you also don’t need to keep any credit history

FeaturesMonethics is a very successful and popular app famous for providing easy and convenient personal loans to every Indian. The company works entirely online, and you have to download the application to take a loan from it. You can also use the official website to do so. The process is straightforward and hassle-free
Eligibility criteriaThe applicant must have to be an Indian citizen. You need to have a regular source of income so that loan repayment remains smooth. You need to maintain a certain amount of monthly salary, or annual incomeYou age is also a very important aspect in the course of taking a loan from Monethics
Application process (Online) The application process for a personal loan from Monethics doesn’t require anything special. Anyone eligible for the loan can apply without any trouble. You need to download the App and submit all the required information and documents.
Documents RequiredDocuments like identity proof, address proof, income proof, and few others are required for loan approval. For that, you can use your aadhaar card, Voter ID card, passport, driving license, etc. 

Eligibility criteria

Some eligibility criteria must be looked at closely. You can check it from the App or its official website as well. Though there aren’t a lot of eligibility criteria, so you can remain assured about your loan. 

We have mentioned all the eligibility criteria below:

  • First of all, the applicant must have to be an Indian citizen to be able to take a loan from Monethics app. 
  • You also need to have a regular source of income, so that loan repayment remains smooth and hassle free.
  •  You need to either maintain a minimum salary of 10,000 per month or you need to have more than that. 
  • You can be a self employed person or a salaried employee, it doesn’t matter a lot. The only thing which matters is your experience in your job or business. 
  • Your age must have to be either equal to 18 or more than that, but it should not go beyond 55. 

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Application process (Online/Offline)

The application process for a personal loan from the Monethics app is straightforward to get, and you can apply for it within minutes. Your loan amount will also get transferred within a few hours into your account directly. You just need to follow the steps quickly, and you need to fill the application with utmost care. 


The online process for a personal loan from the Monethics app is mentioned below:

Step I – first of all, you need to download the Monethics app from the play store or its official website,

Step II –  now, you need to get yourself registered on the application. You also need to link your bank account with the App. You also need to connect your phone number with the Monethics app. 

Step III – once your account is created, you can fill the application form. You need to fill the application form with care, and you need to add all the relevant details to it.

Step III – You need to upload the scanned image of the required documents with the application form. Once you are done with the process, you can expect the amount to be in your bank account within a few hours. 

Documents required

The documents required to apply for the personal loan from the Monethics app are mentioned below:

  • You need to have an identity proof like, Aadhaar card, passport, voter ID card, etc.
  • You also need to have address proof like, Aadhaar card, driving license, passport, etc. 
  • Now you need to submit a video KYC by using your pan card and a selfie or by video calling. 
  • You also need to have an income proof like, recent bank statement or salary slip. Although it doesn’t matter whether you are a self employed or salaried employee. 

Frequently asked questions

Does my unpaid loan amount get rolled over into the next loan? 

No, there isn’t any feature like that available. Although rolling over your last credited amount is not good, as it creates a chance of fraud. However, you can increase the tenure by paying an extra charge.

What is the maximum and minimum tenure to repay the loan?

The minimum tenure is 62 days, whereas the maximum is 180 days. 

What is the maximum and minimum loan amount?

The minimum loan amount is 2,500, and the maximum loan amount is 2,00,000. 

Is there any cashback and offers available as well?

Yes, there are a lot of offers available. You can get a lot of reward points for your good behaviour. There are also many paid partners of the App who provide a lot of cashback and offers. 


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