Wednesday, November 8, 2023

Moneyview Loans - The Best Online Loan App in India


Money View's mission is to provide access to world-class financial products to every Indian with a smartphone. The app simply collects data from the transactional messages you receive, such as when you swipe your card or withdraw money from an ATM. The data is then used to help you better manage your finances or even obtain a loan.


What is money view 

Money View is a personal loan app that offers instant loans up to ₹10,00,000. The app offers collateral-free loans with annual interest rates (APR) ranging from 16% to 39%. Loan applicants can check their eligibility within 2 minutes and pay their loan amount within 24 hours of approval.

 

What is work of money view

Money View is a personal loan app. This app gives instant loan from Rs 5,000 to Rs 10 lakh. Features of Money View:

  • The entire process from taking the loan to repaying it is digital. 
  • The entire process from documentation to verification is paperless.
  • The loan tenure is 3 to 60 months. 
  • The monthly interest rate ranges from 1.33% to 2.5%. 
  • The annual interest rate ranges from 16% to 36%. 
  • The processing fee ranges from 2% to 5% of the loan amount.

 

Money View also gives borrowers the option to avail a top-up personal loan on their existing loan. This facility is available on invitation only and only individuals with a clean payment history are pre-qualified for it.

 

Money view app

Money View app offers collateral-free personal loans. The entire loan application process, from application to disbursement, is digital. The app lets you track your loan status, understand verification information, and keep updated about your upcoming EMI payments.

 

Money view reviews

According to the Money View website, they have disbursed 12,000 loans and served 19,000 locations. The Money View app has 45 million installs and a rating of 4.7 stars. I have provided the names of 3 other websites below which give ratings to some organisation or company.

Mouthshut

Mouthshut app link , please click here...

Google Play

Play store app link , please click here...

Money View

Money View app link , please click here...

 

Money view interest rates

money view Money View offers personal loans at interest rates ranging from 1.33% to 2.3% per month. The annual percentage rate (APR) varies from 16% to 39%. The interest rate can vary depending on several factors, such as:

  • Borrower's credit score
  • Repayment history
  • Employment status
  • Debt to income ratio
  • Existing relationship with the lender
  • Loan amount taken

Money view offers instant personal loans up to ₹10,00,000. The tenure can be up to 5 years. Applicants can check their eligibility within 2 minutes and disburse their loan amount within 24 hours of approval.

 

Money view rbi register or not

Yes, Money View is an RBI-approved loans app. The Reserve Bank of India (RBI) has approved several loan apps in India, including .

Paytm, Bajaj Finserv, CASHe App, Early Salary, Dhani, Flexi Loans, Indialands, Lendingcart.


Money view credit score and trust 

Moneyview asks for proper documents like KYC, income proof/bank statement, PAN details, etc. as per RBI policies to make a credit-worthiness assessment. The minimum amount you can borrow on a Moneyview loan is Rs 5,000. The maximum loan amount is calculated by their algorithm and can go up to Rs 10 lakh.


money view tie up with which bank

Money View has several lending partners, including.

  •  SMFG India Credit
  •  DMI Finance
  • IDFC First Bank
  •  Aditya Birla Capital
  •  Clix
  • IIFL
  •  Wisdom Finance

  • ICICI Prudential Mutual Fund
  • India Post Payments Bank Ltd. (IPPB)
  • ICICI Lombard


Money View also has other partners, including

Money View is a mobile personal finance software application developed and owned by Wisdom Innovations Pvt. Ltd. Reserve Bank of India (RBI) has approved Money View Loan.


how to pay money view loan EMI online

 

To pay Money View loan EMI online, you can:

  • Go to the Bills section of the Money View app
  • Use the Pay Now button..
  • Pay your loan EMI using your preferred UPI channel

 

You can also close your Money View loan on the app. To do this,


  • Make sure your loan tenure is more than 6 months
  •  Pay the mandatory number of EMIs
  •  Select the Foreclosure Loan section on the app


You can contact Money View customer care at 080 6939 0476 or Care@moneyview.in.


money view loan repayment

 Here are some details about Money View loan repayment

 

 late payment fee

If you fail to pay your EMI on time, you will have to pay a cheque bounce fee of Rs.  500 and a late payment fee of 2% additional interest per month on the overdue EMI amount.

 

 seize a debt

If your loan tenure is more than 6 months and you have paid the required number of EMIs, you can foreclose your loan on the Money View app.

 

default on a loan

If you fail to repay the borrowed amount after a certain period, the lender will report your loan account to the credit bureaus as a non-performing asset (NPA). This can severely impact your credit history and credit score.

 

Paying your loan EMIs

You can pay your loan EMI using your preferred UPI channel.  You can also pay your loan EMI on the Google Pay app.


Other ways to repay your personal loan include:


  • Making early payments at a higher interest rate
  • Avail a debt consolidation loan
  • Avail a home loan top-up
  • Avail a personal loan balance transfer

 

money view customer care number

 

Money View customer care number is 080 6939 0476. You can also contact Money View customer support at care@moneyview.in.

For loan related queries, you can contact:

 

For Debt- Loans@moneyview.in

For Payment: payment@moneyview.in