Moneyview Business Loan Details

Below are the details about the Moneyview Business Loan

Business Loan ComponentsDetails
Maximum Loan AmountRs. 10 Lakhs
Loan Tenure3 months to 60 months
Interest Rate1.33% to 2.5% per month
Processing FeesStarting from 2% + Taxes
Loan TypeUnsecured Loan
Age of ApplicantBetween 21 yrs and 57 yrs.

Moneyview Business Loan Features

  • Adaptable Loan Range: Borrow anything between Rs.5,000 to Rs.10 Lakh, contingent on your qualification.
  • Swift Funds Transfer: Following loan approval and agreement submission, expect the funds in your bank account typically within a day.
  • No Collateral Required: Moneyview offers unsecured personal loans, meaning there's no need for assets or a guarantor.
  • Competitive Interest Rates: Enjoy interest rates that start as low as 1.33% monthly.
  • Fully Digital Experience: From initiation to disbursement, the entire loan procedure is online.
  • Customizable Repayment Options: Choose repayment durations ranging from a short 3 months up to 60 months.
  • Accommodating Credit Score Requirements: Secure a loan even with a modest CIBIL or Experian score of 650.
  • Instant Eligibility Insights: Determine your loan eligibility in a brief 2-minute span via the Moneyview website or app.

Moneyview Business Loan Eligibility Criteria

To be eligible for immediate personal or entrepreneurial business loans through MoneyView, ensure you meet the following conditions:

  • Applicant's age should be between 21 and 57 years.
  • Salaried individuals need to have a minimum monthly income of Rs.13,500.
  • Self-employed applicants should earn at least Rs.15,000 per month.
  • Monthly earnings should be directly deposited into the applicant's bank account.
  • The applicant must maintain a CIBIL or Experian score of at least 650.

Factors Affecting Moneyview Business Loan

  • Credit Score: Just as with personal loans, a higher credit score usually indicates better creditworthiness. Lenders look at the borrower's CIBIL or Experian score, among other credit bureaus.
  • Business History & Stability: Lenders prefer businesses that have been in operation for a few years since they're typically seen as less risky compared to new startups.
  • Revenue & Profitability: A steady revenue stream and profitability indicate the business's ability to repay the loan.
  • Existing Debt: If a business already has significant debt, it may affect its ability to take on more, as lenders could see it as over-leveraged.
  • Loan Amount and Tenure: The amount you wish to borrow and the repayment term can influence the loan's approval and interest rate.
  • Nature of Business: Some sectors are considered riskier than others, which could affect the loan's terms and conditions.
  • Business Plan: Especially for new businesses or those seeking significant amounts, a clear business plan can influence the decision. It shows the lender how you intend to use the money and your strategy for growth.
  • Cash Flow: Lenders want to know that the business generates enough cash to cover operating costs and loan repayments.
  • Collateral: Secured loans, which are backed by collateral, can have better terms and interest rates compared to unsecured loans.
  • Economic Conditions: External factors like the overall economy, industry trends, and even geopolitical events can influence loan decisions.
  • Legal & Compliance Status: Businesses that face legal troubles or are not in compliance with local regulations might be seen as riskier.
  • Banking History: A positive banking relationship and history can work in favor of the applicant.

Documents Required for Money View Startup Business Loans

The documentation required for applying for small business loans or personal loans from Moneyview is minimal. All you will have to do is - 

  • Confirm or enter your PAN number 
  • Ensure that your mobile number is linked to your Aadhaar card for KYC verification
  • Provide a clear selfie taken in a well-lit area 

Please note that the documentation requirements will vary based on your profile. You may be required to upload proof of address, bank statement, and other supporting documents. 

In case you are required to upload proof of address, any one of the following documents will suffice - 

  • Aadhaar Card
  • Valid Indian Passport
  • Valid Voter ID
  • Valid Driver’s License
  • Utility Bills (Electricity, Water, Gas) dated within the last 60 days 

In case you are required to upload proof of income, you must furnish your bank statement for the last three months. This statement must also show your salary credits.

Moneyview Business Loan Application Process

You can get a Moneyview personal ‘loan for starting a new business without security’. The process of applying for a Moneyview personal loan is very simple and involves only 4 simple steps - 

STEP 1: Apply Now

Click on the ‘Apply Now’ button on this page which will redirect you to the requisite page where you can check your eligibility for Moneyview Business Loan.

STEP 2: Check Eligibility

Provide the required details and find your eligibility in 2 minutes.

STEP 3: Select Loan Tenure

Based on the options provided, select the loan amount and repayment term of your choice.

STEP 4: Upload Documents

Upload all of the necessary documents online for verification.

STEP 5: Amount Disbursal

Post verification and submission of the loan agreement, the loan amount will be credited to your account within 24 hours in most cases.

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FAQs on Moneyview Business Loan

Is there any collateral needed to avail business loan via Moneyview?


No, you don’t need any collateral or security of any sort to get a loan from Moneyview as you are going to get an unsecured loan.

Can a self-employed individual get a loan from Moneyview?


Yes, Moneyview provides loans to self-employed applicants as long as they fulfill the following eligibility criteria -

  • Monthly in-hand income of ₹15,000 or more
  • Income must be credited to a bank account
  • Minimum CIBIL score of 650 or Experian score of 650
  • Should be aged between 21 years and 57 years

Is Moneyview the lender of this loan? If not, does my data get shared with the lender when I apply for a loan?


Moneyview merely streamlines the loan application and repayment procedures. Please note that your loan application details will be shared with the prospective lender to expedite and enhance your loan acquisition process.

What is the maximum business loan amount that can be availed via Moneyview?


The maximum loan amount that you can avail via Moneyview is Rs 10 Lakhs.

What are the documents required to get a loan from Moneyview?


Below are the documents required for both salaried and self-employed individuals to get a loan from Moneyview -

For Salaried Applicants

  • Identity Proof – Aadhaar/PAN Card
  • Current Address Proof – If Aadhaar Card doesn’t feature your current address
  • Bank Statement (Salary A/C) – Last 3 months’ statement with salary credits

For Self Employed Applicants

  • Identity Proof – Aadhaar/PAN Card
  • Current Address Proof – If Aadhaar Card doesn’t feature your current address
  • Income Tax Return Verification Form for the last 2 years

Additionally, if you successfully complete the oKYC procedure during your application, the need for additional documents will be significantly reduced.