Money View App 2021: Apply for a Loan Online, how to apply?

Money View App 2021: Apply for a Loan Online; check here to know how to apply? With the help of the Money View app, more than millions of Indians have taken loans without any trouble. You can also take easy loans from the app, and you can easily apply for it within minutes. You can get a minimum of 5,000 rupees and a maximum of 5,00,000 INR. From this article, you can learn about the Online procedure to apply for a loan on the Money View app.

Features of Money View

The Money View app provides a lot of ease for beginners and also for professional ones. You can use the money for any of your use. The tenure to repay the loan is quite handsome, and you don’t need to extend it, although if a situation arises, you can easily extend the term by giving some extra charges. You can also do a lot of other stuff with the Money View app. You can check for any eligibility and documents required within minutes from the app itself. 

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Interest rateThe interest rate starts from 16 % per annum. The monthly interest rate is 1.33 %
ProcessingThe processing fee starts from 2 % on approved loans
FeaturesThe Money View app provides straightforward and convenient loans to every single Indian. You can take a loan amount ranging from 5,000 to 5,00,000 within minutes. All you need to do is fill a simple form and submit some details. 
Eligibility criteriaThe applicant must have to be an Indian citizen to take a loan from the Money View app. You need to have a regular source of income so that loan repayment remains smooth. You age must have to be either equal to 21 or more than that, but should be less than 57
Application process (Online)First, you need to install the application later; you need to register yourself on the app and link your bank account and other details. After that, you can complete all the remaining processes with ease
Documents RequiredIdentity proof – Aadhaar card, passport, voter ID card, etc.Address proof – Aadhaar card, passport, driving license, etc. Income proof; for that, you can use the bank statement or salary slip.

Eligibility criteria

It would help if you looked forward to some eligibility criteria, as without being eligible, you can use the app. It would help if you were qualified first to take a loan from the Money View app. Although the eligibility criteria are nothing special, and most of us are already aware of all that.

We have mentioned all the eligibility criteria below:

  • The applicant must have to be an Indian citizen to be able to take a loan from the Money View app. 
  • You need to have a regular source of income, so that you can easily repay the loan in time. 
  • You need to have a minimum of 10,000 monthly salary to be eligible for loan from the Money View app. 
  • Your age must have to be either equal to 21 or more than that, but it should be less than 57. 
  • You need to have a very good credit score or a CIBIL score. Your CIBIL score must have to be above 600 or 650 to be eligible for loan from the Money View app. 

Application process (Online) 

The application process to take a loan from the Money View app is very easy and hassle-free. You can fill the form and apply for a loan within minutes. The process is entirely online, and you need to download an app to proceed. This adds a lot of comfort and flexibility for everyone.

Money-view

The online process to take a loan from Money View is mentioned below:

Step I: first of all, you need to download the Money View application from the play store or its official website, www.moneyview.in 

Step II: now, you need to get yourself registered on the app. You also need to provide some details about yourself. You also need to link your bank account and your phone number. 

Step III: Now, after registering yourself on the app, you can quickly fill the application form. You need to choose the loan type and the amount and tenure. You will be given the option to choose from pre-approved loans based on your income and credit score.

Step IV: once the application form is filled, upload the scanned image of documents required and submit it. 

Step V: now, you can expect the loan amount to be delivered into your account within a few hours. 

Documents required

The documents required to fill the application form are mentioned below:

  • Identity proof – Aadhaar card, passport, voter ID card, etc.
  • Address proof – Aadhaar card, driving license, passport, etc.
  • Income proof, for that you can either use the bank statement of the last few months or the most recent salary slip. You can either be a self employed or a salaried employee to enjoy the benefits of the Money View app. 
  • You need to have a pan card as well from a video KYC. 

Frequently asked questions

What is the extra interest taken on the due amount? 

The extra interest rate taken on the due amount is 2 % per month. There is also a penalty of 500 if your check is bounced. 

From where could I track my loan disbursal and pending payment?

You can quickly check all sorts of details directly from the Money View app, or you can also check all the details from its official website. You need to login into it.

What are the types of loans offered by Money View?

Currently, Money View is only offering easy and convenient personal loans to all eligible customers.

Is Money View a company in India?

Yes, Money View is a company in India, and its headquarters is situated in Bangalore. 

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