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Money View Personal Loan Pre-Closure Charges

Money View offers personal loans up to Rs. 5 lakh to both salaried and self-employed individuals to deal with various financial requirements. Money View personal loan interest rate starts at 1.33% per month. The loans can be easily availed online through a completely digital and paperless process with the option of foreclosure as per your convenience. The process, charges and benefits associated with the foreclosure of Money View personal loans is discussed below:
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Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

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Money View Personal Loan Foreclosure Charges and Other Processing Fees

Foreclosure of a personal loan means paying off the loan completely before the end of its tenure. Whereas, when you pay an amount in excess of the actual EMI amount it is known as partial prepayment. The following table gives the charges associated with Money View personal loan foreclosure and pre-payment:

Particulars Charges
Foreclosure charges Nil*
Part Prepayment Charges As per the prevailing policy of Money View**
Processing Fees -Dynamically calculated according to Money View Algorithms.

-Does not have to be paid separately. It is deducted from your sanctioned loan amount before Money View transfers the funds to your bank account.

*Foreclosure allowed only if your EMI repayment period is longer than 6 months and once you have made at least 3 EMI payments.

** Part payment of monthly EMIs is not allowed. As per the terms of the loan, you are required to pay the full EMI on the due date. However, in case you want to pre-pay a part of the entire loan amount, you can get in touch with the customer care to know applicable terms and conditions.

Steps involved in the Personal Loan Prepayment Process

Once you have paid at least 3 EMIs, you can foreclose your Money View personal loan by contacting the company’s customer support team via call or email. You can also use the company’s mobile app and visit the “Foreclose Loan” section on the “Loan Overview” screen of the app.

Money View Personal Loan Preclosure Benefits

Given below are some key advantages of pre closing your Money View personal loan:

Foreclosure/Full Prepayment

  • Helps you save on the overall interest payout of the loan.
  • You are freed from the burden of the loan.

Partial Prepayment

  • Allows you to save on the interest payout of the loan.
  • You get the option to either reduce the loan tenure or pay a lesser EMI amount.

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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

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FAQs

Money View offers personal loans at an interest rate starting at 1.33% per month onwards. However, interest rate applicable to an applicant is based on the assessment of his/her spending patterns by the company’s algorithm.

The repayment tenure on Money View personal loans ranges between 12 to 60 months.

You can avail a personal loan ranging between Rs. 10,000 to Rs. 5 lakh from Money View to meet various personal financial needs.

You can foreclose your Money View personal loan only if your EMI repayment period is longer than 6 months and that too only after you have made at least 3 EMI payments. However, there is a lock-in period that is applicable on your personal loan, based on your overall repayment period. You can refer to the table below to check your eligibility for foreclosing your Money View personal loan:

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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