NBFC Personal Loan:

For years, banks were the primary choice for those needing loans. However, with the rise of Non-Banking Financial Companies (NBFCs) like Money View, the scenario has shifted significantly. NBFC personal loans have numerous advantages that distinguish them from traditional banks, enhancing their popularity.

Why are NBFC Loans So Popular?

NBFC loans are more accessible than those from banks or traditional lenders. With simple online applications, loans can be easily applied for from home. The documentation required for NBFC personal loans is minimal, negating the need for physical documents or photocopies during online applications.

One of the notable benefits is the rapid loan disbursal. While some banks take several days to approve and release a loan, NBFCs such as Money View can disburse the loan amount within 24 hours post-approval.

The eligibility criteria for NBFC personal loans are less stringent compared to traditional options, allowing applicants to secure their loans more readily. Additionally, certain lenders, including Money View, accept lower credit score thresholds. As long as applicants have a CIBIL or Experian score above 650, they qualify for these loans.

Online personal loans, given their benefits, are now a staple in the financial realm. MoneyView ranks as a top lender, making it a preferred choice for personal loans over conventional routes. Here's why our service excels.

NBFC Personal Loans Vs. Bank Personal Loans:

The section below outlines a brief comparison between NBFC personal loans and bank personal loans.

Conclusion:

While NBFC loans are a newer phenomenon compared to banks, there are clear benefits to these options. Faster processing, outstanding customer service, and a seamless application process are just a few reasons for their growing popularity. Moreover, the more flexible credit score criteria make NBFC personal loans a sought-after option in the market.

If you're looking for a personal loan that meets the above criteria, we encourage you to visit the Money View website or download the app and apply today.