Are you having financial trouble? Don’t know where to get money? Worry not, Money View provides quick short term personal loans. With this, you can meet your financial needs immediately. And the advantage is that you don’t need any paperwork, it is entirely digital. Just download the Money View app on your smartphone and check the loan offer. Learn more about this short term personal loan below.
How to Check Eligibility for Money View Short Term Personal Loan?
You can do so by following the instructions shown below –
- Go to play or apple store on your smartphone
- Type Money View on the search tab
- Click on the ‘Install’ button
- Open the app and click on the ‘Get Started’ button
- Allow the app permission to your location
- Select your type of employment
- Enter your monthly income
- Answer the question ‘How Do You Get Your Salary?’
- Click on the ‘Continue’ button
- Now, select gender, enter full name as PAN, current address and Pincode
- Click on the ‘Get Offer’ button
- Now, the entered details will be displayed
- Click on the ‘I Confirm’ button
- Now, your loan limit will be displayed on the screen
What to do Next After Knowing the Short Term Personal Loan Eligibility?
If you’re eligible for a Money View personal loan, click on the ‘Apply Now’ button. Before doing that, choose a suitable tenure for the repayment. Money View provides you a period of 3 to 60 months for repaying a loan.
You can find your possible EMIs without any trouble using the online tools. So, you can easily manage the repayment of your loan. Money View allows you to do equated monthly installment payments of the loan amount, including its interest.
Choose your payment method for the EMI amount on the Money View app. You can do payments via UPI, net banking, etc. Once you have chosen the payment option, complete the application process and get the loan amount in your bank account.
What is My Short Term Personal Loan Interest Rate?
The rate of interest for Money View Personal Loan begins from 1.33% per month. It is the lowest rate on a short-term loan. You can compare its offer with other lenders to see whether you’re getting a great deal. If you’re satisfied with the offer, apply for the loan and meet your financial obligations. A tenure of three to sixty months is offered to you for the repayment.
Should I Close My Short Term Personal Loan Early?
Yes, you should if you have saved enough lump sum amount to pay off the outstanding balance. How to plan a foreclosure? Using the Money View EMI calculator, check your repayment schedule and see at the end of which period, you’ll be able to accumulate such a lump sum amount. If you have decided on the date, start investing in mutual funds, FDs, unit-linked insurance, etc. This way, by the time you reach the date, you will have a lump sum amount to repay. By doing so, you can reduce your interest payments to the lender.
What Documents Do I Need to Apply for Money View Short Term Personal Loan?
To apply for the loan, you need to upload the following documents –
Aadhaar & PAN Card
Using these documents, Money View will verify your name, age, address and other details. If there is any misinformation, your application will be denied and you’ll receive a notification on the app, your mobile or email address.
Utility Bills
Submit your electricity or telephone bill to confirm your address. Once the same is being verified, your loan will be approved and the money will be disbursed.
Income Proof
Upload your salary slip and bank statement, so Money View can know you’re capable of repaying the short term personal loan amount. This will help decide your loan limit and applicable interest rate.
