Money View is an Android application that helps Indian residents to apply for personal loans. The interface of this utility is available in 8 regional languages including English, Hindi, and Tamil.
Requirements
It is worth noting that this service can be used by residents of India from 21 to 57 years old. They can be both employees and self-employed. The presence of a verified income is required.
At the start, users need to log in and fill out a form, providing some personal data. It is possible to choose the amount of the loan as well as a convenient repayment period.
Loans and payments
Applications are reviewed online within several minutes. The amount of a possible loan is from 10,000 to 5 million rupees. Interest rates vary from 16 to 39 percent. The repayment period ranges from 3 to 60 months.
This application immediately calculates monthly payments for the client. They depend on the loan amount and repayment period. Also, there is a one-time issuance processing fee.
Moreover, the service notifies users if their application is approved. The loan amount is credited to the client’s bank account.
You can make your monthly payments online or at over 5,000 service points across India. The utility allows you to track all transactions and store their history as well as send reminders.
Features
- helps residents of India to apply for loans online, similar to KreditBee;
- it is possible to fill out a form and send a request;
- calculates monthly payments;
- app is free to download and use;
- compatible with current Android versions.
