Money View Personal Loan can be availed instantly from anywhere in India. You can apply for a personal loan amount of upto Rs. 5 lakh and can use it to deal with any personal reason including home renovation, medical emergency, vacation, wedding, higher education, etc. The entire paperless process lets you have the loan amount instantly in your account. Also, you can apply for Money View Personal Loan even if you have a low credit score as Money View follows an alternate credit model.
Money View Personal Loan - EMI Calculator
Whenever you apply for Money View Personal loan, you should have a clear idea about your EMIs. To know this, you can take the help of Paisabazaar Personal Loan EMI Calculator. You just need to enter the following information:
- Loan Amount
- Interest Rate
After entering the essential details, the calculator will automatically calculate the EMIs to be paid for your personal loan with Money View. This will help you manage your expenses accordingly.
The table given below will help you to understand how you can calculate EMI values for varying loan amounts, tenures and even rates of interests.
|Rate of Interest|
What are the Benefits of Using EMI Calculator?
- You can calculate your loan eligibility for a personal loan by calculating an EMI on the calculator
- You can calculate the EMIs online within seconds and will won’t have to go through complex manual calculations
- You can work out various combinations of loan tenures, and loan amounts to find the exact EMI amount that can fit your monthly budget
What is the interest rate offered by Money View on a personal loan?
Money View offers a personal loan at a monthly interest rate of 1.33%. This would be around 16% to 20% depending upon your loan amount, tenure, income and age.
Are there any late payment fees if any EMI is missed?
Money View gives a grace period of 2 days for a missed EMI. If you are still unable to pay the EMI on time, you will have to pay Rs. 500 (cheque bounce charges) + Rs.10 per day as late payment fee, which will add up, till you make the payment for that month.
I am a non-salaried individual. Can I apply for Money View Personal Loan?
Yes, if you are a non-salaried individual and your monthly income is Rs. 25,000 or more, you can apply for Money View Personal Loan.
I get my salary in cash. Can I apply for Money View Personal Loan?
No, you can only apply for Money View Personal Loan if you get your salary through bank transfer.