Is it safe to take loan from money view?

Money View is an online lender that offers personal loans up to Rs. 5 lakh to salaried as well as self-employed individuals through a completely digital and paperless process.

Money View Personal Loan – Interest Rate – Dec 2021
Interest Rate 1.33% per month onwards
Loan Tenure Up to 60 months

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Thereof, can I get personal loan if my salary is 12000?

So, if your salary is less than Rs. 12,000, assure the lender that you have other sources of income to repay your personal loan on time. … With instant approval and 24-hour disbursal, the Bajaj Finserv Personal Loan is an ideal way to meet your needs for finance.

Besides, how can I check my SBI loan eligibility? You can check your eligibility for this loan on the SBI YONO app and apply through the app. Alternatively, you can check your eligibility for this SBI personal loan by sending an SMS “PAPL<space><last 4 digits of SBI Savings Bank Account No.>” to 567676.

Accordingly, how much loan can I get if my salary is 17000?

With a salary of ₹ 17,000, the maximum amount he is eligible for is ₹ 3.87 Lakh. The interest he has to pay for this amount for 48 months is 11.99%.

How much loan can I get on 18000 salary?

With a salary of ₹ 18,000, the maximum amount he is eligible for is ₹ 3.75 Lakh. The interest he has to pay for this amount for 60 months is 10.70%.

How much loan can I get on 24000 salary?

With a salary of ₹ 24,000, the maximum amount he is eligible for is ₹ 5.89 Lakh. The interest he has to pay for this amount for 72 months is 9.60%.

How much loan can I get on 35000 salary?

Here taking a salary as ₹ 35k, & without any fixed monthly obligation, you can pay a maximum of ₹ 17,500 as EMI considering 50% FOIR. If the interest rate is 10% per annum, the loan amount eligibility can be arrived at ₹ 20,46,586 using a home loan eligibility calculator (assuming 3 household members).

How much loan can I get on 60000 salary?

However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to

Salary Expected Personal Loan Amount
Rs. 40,000 Rs. 10.80 lakhs
Rs. 50,000 Rs. 13.50 lakhs
Rs. 60,000 Rs. 16.20 lakhs

How much loan can I get on 90000 salary?

For instance, if your net salary is Rs. 55,000, you will be eligible for a loan of approximately Rs 33 lakhs.

Net Monthly Income (Rs.) Home Loan Amount (Rs.)
70,000 54,81,756
80,000 63,20,142
90,000 71,58,529

How much loan can I get on my salary 15000?

A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.

Is Money View a good app?

Very nice and good application. It is user friendly. Team responds very quickly and give the answers politely when we get any issues.

What is eligibility for SBI E Mudra loan?

Eligibility criteria for SBI e-Mudra Loan

The borrower should be between 18 and 60 years of age. The deposit account should have been active for a minimum of 6 months.

What is eligible loan amount?

Your loan eligibility is calculated based on the ratio of your fixed obligations to your monthly income. If your income is less than ₹ 30,000, the maximum obligations cannot exceed 50% of your monthly income. However, for a higher income, the obligations to income ratio can go upto 65%.

What will determine the eligibility to get a loan?

These eligibility criteria are basically a set of parameters based on which a lender can assess a borrower’s creditworthiness and past repayment behaviour. It depends on several factors, including credit history, age, credit score, financial obligations of an individual along with FOIR and financial status.

Who is the CEO of Money View?

Puneet Agarwal is the founder of Money View.

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