MoneyEnjoy Loan App 2022: MoneyEnjoy is an online application which is focused on providing easy loan to everyone without asking a lot of questions to them, about their income, salary, employment, etc. This is a newly launched application and it’s still now available on Google play store or any other official app store. Though you can download the MoneyEnjoy app online. In this article, we have given all the details related to MoneyEnjoy Personal loan eligibility, documents, and application process. check more details about How to get a Personal loan from the app? from below
Features of MoneyEnjoy App
MoneyEnjoy application provides a great deal of comfort and flexibility to all those who wish for an instant personal loan without a lot of documentation and eligibility criteria’s. This is the perfect platform for students as well, who has a bank account but are unable to take any loan, because of not having a job. Although you need to be a bit careful while taking a loan.
MoneyEnjoy app doesn’t ask for any security or collateral for a personal loan and also for a mortgage loan. You just need to apply for the I’d card. This is the special feature of the application which makes it a league apart from the others. The MoneyEnjoy application process takes hardly 5 minutes to complete and the operation is quite smooth and simple. The loan amount is also quite healthy and you can do plenty of things in that amount. Many have already joined the app and a lot are willing to join it. If you are interested then, go and get it for free.
| Interest rate | 12 % to 36.% |
| Processing fee | They haven’t cleared it yet |
| Features | You can get a loan amount ranging from 5,000 to 200,000. The process is very simple and minimal documents are required |
| Eligibility criteria | You need to provide the app with a lot of permission so that it runs smoothly on your device |
| Application process (Online/Offline) | The application process is completely online. You need to register on the app and then you can fill the form |
| Documents Required | There are documents required like, identity proof, address proof, pan card, etc. |
Eligibility criteria
There aren’t a lot of eligibility criteria mentioned by the application in the description, but when you will reach the application form, a lot of permission would be asked of you. These are the permission of your phone, and you need to allow each and everyone to go any further.
The MoneyEnjoy App also requires some other eligibility criteria which you will see below:
- First of all, you need to allow all the permission which the app wants like, access to camera, media and photos, SMS access so that it can read the message sent by bank, permission related to phones storage and phone state and at last, you need to give it the access of your location.
- You need to be above 18 years and you also need to have all the relevant documents, if you want the loan to be sanctioned.
Documents required
There are a few documents that are required at the time of registration in the app. These are the most important thing for your loan to be approved. Though most of the documents are quite common.
The documents you need to submit are listed below:
- Identify proof – Aadhaar card, voter ID card, passport, etc.
- Address proof – Aadhaar card, driving license, etc.
- Pan card is a must for a successful KYC. Nothing will proceed further, if you are not verified through KYC.
- Bank details in which your loan will be deposited.
Application process (Online/Offline)
The application process to get a personal loan from the MoneyEnjoy app is extremely easy and hassle-free. The complete process is online. You don’t need to step a foot out of your house to do anything.
After allowing all the permission to the app, you can directly come to the application form and then you can fill it in 5 easy steps. Those steps are mentioned below:
Step I – First of all, you need to provide the application with all the permission so that it can access all the data easily.
Step II – Now, go find the application form and fill it with utmost care.
Step III – This step requires you to choose the loan amount and all the relevant things with it like, tenure, interest rate, etc.
Step IV – This step requires you to submit all the relevant documents and upload it. You need to upload the scanned image of the documents. Your KYC is also very important which needs access to your camera and a pan card. Without that, the loan can’t be approved.
Step V – Once the verification is done, your loan amount will be sanctioned. You can review it again if you find something wrong there.
Frequently asked questions
Q.1 Is it safe for me to take a loan from an applicationMoneyEnjoy?
Well, taking a loan is risky only if you are not enlightened about the company. If you know the details about the company and you have asked your seniors about it, then it’s completed safely.
Q.2 What will happen if I fail to repay the loan in time?
Well, in case you fail to pay your loan in time, your credit score will have a negative impact on your credit score.
Q.3 What is the Interest Rate of the personal loan?
The interest rate of this app is 12% for one year and the processing fee is zero.
Q.4 When will I receive the loan amount?
Loan money arrives in your account in no time, all you have to do is give your ID card.