Moneyview review
Money View is one of India’s leading digital financial services startup, backed by top-tier VC firms like Accel Partners, Tiger Group, and Ribbit Capital. They are the most fabled investors and among them have funded likes of Facebook in the US and Flipkart in India.
Moneyview is a mobile personal finance software application has developed and solely owned by Whizdm Innovations Pvt. Ltd, a company incorporated under the laws of India on 11 August 2014. It is involved in Software publishing, consultancy, and supply includes production, supply, and documentation of ready-made (non-customized) software, operating systems software, business & other applications software, computer games software for all platforms.
The Moneyview app has clocked 10Million+ downloads in a very short span of time. The App enables you to obtain loans and other credit facilities from Banks, NBFCs, and other approved Lenders. The App auto-tracks organizes and analyses your Transaction Information to present to you various credit products. Whether you want to furnish your home, cover wedding expenses, throw a party or take a break & go on a family vacation, Moneyview got you covered with an easy instant loan.
Features of MoneyView Personal loan
The Money View Loans app is the fastest and easiest way to get a personal loan online.
- A complete online process without any paperwork
- Loan disbursal within hours of applying
- The loan amount can be as high as 5Lakhs.
- Flexible loan payment options varying from 3 months to 60 months.
- Interest rates vary from 16% to up to 36% per annum.
- Single time processing fee.
- No past credit history is considered to get a loan
Documents required for Moneyview loans
- Aadhar card.
- PAN card.
- Address proof.
- Three-month Salary slips are required.
- Photos of the applicant(Selfie).
Eligibility criteria
- Age should be in between 21 years and 57 years
- Can be salaried or self-employed
- A Minimum of monthly in-hand income of ₹13,500* or more is required
- Should submit KYC documents.
- Min Cibil score of 650 or Experian score of 750
- Income should be received in a bank.
Money view interest rates and Fees
- Interest starts from 1.33% per day and 13% per month.
- The processing fee is 2.5% to up to 4% of the sanctioned loan amount.
- There are no pre-payment charges, and to pay full amount at a time you need to pay a minimum of 3 EMI's.
- An overdue fee of 2% per month, on late payment of repayment.
Example of Moneyview personal loan
For example, a loan of ₹50,000 with an annual interest rate of 18% and 24-month tenure. The total interest & fees will be ₹11,679*. and the total amount to be paid ₹61,1679.
Steps Involved in Applying for Moneyview personal loan
You can get the Personal loan completely in app-based - from loan application to loan repayment. Steps you need to complete to get the loan amount in your account:
- Download the Moneyview app from the play store or IOS store.
- Check your Eligibility(within 2 minutes)
- Select your loan amount and repayment option.
- Upload your documents and get verified.
- You can get the loan amount in the given bank account within 24hours.
Money view customer care details
You can contact the Moneyview customer care by using the number 080-45692002 only on working hours and you can also contact by E-mail payments@moneyview.in and loans@moneyview.in
You can visit the official website to apply for a Loan by "Clicking here"
You can visit the Play store by "Clicking here"
Conclusion (Personal review)
With more than 10 million+ downloads on Playstore, it one of the most reliable apps around. They disburse loan very quickly and the customer care response is also quick, The interest rates are high and there is a limited loan that you can borrow i.e is 5Lakhs. There are a few glitches like you might not get a loan for the second time if you delay the EMI's.
