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Instant Personal Loans Using Aadhaar: MoneyView Guide

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Mar 20, 2024
15 Mins

In our rapidly evolving world, securing a personal loan can seem challenging, but thanks to technological advancements, it's now simpler with minimal documentation. Imagine securing an instant loan with your Aadhaar card!

Explore MoneyView, a prominent national loan provider, facilitating Aadhaar card loans. With MoneyView, loans ranging from ₹5,000 to ₹10 lakhs can be accessed within 24 hours, offering a fast and convenient financial solution.

The standout advantage of using Aadhaar for loans is its unparalleled flexibility. MoneyView tailors personal loans to meet diverse needs, enabling borrowing up to ₹10 lakhs.

MoneyView distinguishes itself with its swift eligibility check. Visit their website or download the app, fill in essential information, and determine eligibility in just 2 minutes, ensuring a seamless and prompt experience.

Moreover, MoneyView is committed to providing affordable personal loans, with interest rates starting at a mere 1.33% per month, making loans accessible to a broader audience.

Applying for a personal loan with MoneyView does not require collateral or a guarantor due to their collateral-free option, considerably easing the process.

Eligibility for an Aadhaar card loan entails meeting basic criteria: applicants between 21-57 years, either salaried or self-employed, need to earn at least ₹13,500 monthly, credited to a bank account. A minimum CIBIL or Experian score of 650 is essential.

MoneyView prides itself on transparent interest rates and charges, eschewing hidden fees. Borrow amounts from ₹5,000 to ₹10 lakhs, subject to eligibility. Additional fees may involve loan processing, late EMI interest, and cheque bounce charges.

For an Aadhaar card loan application with MoneyView, required documents vary: salaried individuals need identity proof (e.g., PAN or Aadhaar card), address proof, and the last three months’ bank statements showing salary credits.

Self-employed individuals need similar identity and address proofs, along with the latest three months’ bank statements as income proof.

Ensure valid documents when submitting your application. Completing the online KYC process can further reduce required documentation.

To apply for an instant personal loan through MoneyView using Aadhaar, verify your eligibility with basic details. After verification, select your loan amount and repayment tenure. Once KYC and income verification are completed, the loan is transferred to your bank account within minutes.

In conclusion, an Aadhaar card loan is a simple, efficient solution for those needing quick financial support. By leveraging the Aadhaar card as a paperless e-KYC tool, the loan approval process is streamlined. With MoneyView’s flexible terms, competitive rates, and minimal paperwork, securing a loan is now more straightforward than ever.

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