The salaried employees always have a tough work-life balance, when it comes to expenses. They have so many dreams to fulfill like purchasing a home, pursuing higher education, raising kids with quality education, and so on. Obviously, the money they earn doesn’t meet up their surging dreams. And, hence they apply for personal loans.
Having said that, seeking instant loan approval by spending long hours in banks is a cumbersome approach. This is where FinTech companies come into the picture as a second option, which offers paperless service, offering optimal loan solutions to the salaried employees. However, confusion arises in choosing the right and authentic financial service, keeping fraudulent activity in mind.
With Money View, a faster emerging FinTech company, salaried individuals and self-employees will definitely get the best personal loan service.
What Makes Money View – A Key Player in Personal Finance
The FinTech company has several lucrative services. Money View provides instant loans up to 5 lakhs. You don’t have to worry about the location, as you can apply for the loans from anywhere in India. It caters fully safe and secured flexible repayment period up to 5 years, with minimal interest rates starting from just 1.33% per month.
Money View offers a quick eligibility test, which will let you know if you are eligible for the loan in just 2 mins. If you meet the criteria, you can get the loan within 24 hours. The booming financial company provides an alternate credit model, which helps in getting a personal loan, despite facing a low credit score.
The company has its own app which you can download on your phone and explore the complete features. The company also offers the best features for a personal loan.
Money View Loan Eligibility Criteria
There is a certain income requirement for salaried employees to seek a loan. Let’s find out the detailed personal loan eligibility criteria for salaried professionals:
- Minimum income of Rs. 20,000 per month is required if an applicant has applied the first time for a loan or has never taken a loan before.
- Applicants must hail from Mumbai/Thane or NCR region (Noida, Gurgaon, Delhi, Ghaziabad, Faridabad, etc).
- A monthly income of Rs. 15,000 is needed if the Bureau score i.e. CIBIL exceeds 675 and an applicant is situated in a metro city other than Mumbai and NCR.
- A minimum monthly salary of Rs. 25,000 is needed if CIBIL falls in between 300 and 675.
- Documents required: Aadhar/PAN card, address proof if Aadhar doesn’t show your current address, last three months’ salary statements, and IT return verification form.
All these aforesaid points alongside loan repayment and foreclosure can be viewed here.
Money View Loan Lending Partners
Money View is tied with several reputed non-banking financial partners that work in unison with Money View to provide personal loans. These partners are DMI Finance, IDFC First Bank, Fullerton India, Aditya Birla Capital, CLIX, Whizdm Finance, and Growth Source.
Author Bio:Surya Patra is a qualified webmaster by profession and Marathon Runner/Cyclist by passion with more than 6+ years of expertise in the financial domain. Surya is also an entrepreneur, enthusiastic in storytelling, content writing, and digital marketing professional.
