MoneyView Personal Loan Interest Rate – Complete Guide to Rates & Charges

Key Takeaways
 

• The principal is the amount you borrow, and interest is the extra cost on a MoneyView Personal Loan.
   
• You can use the MoneyView EMI calculator to plan repayments and even preclose the loan if needed.
   
• MoneyView Personal Loan can be used for emergencies, debt repayment, education, travel, or home improvements.

MoneyView Personal Loan offers interest rates starting from 14% per annum, which may vary depending on the borrower’s credit profile and loan tenure. The rates are designed to provide affordable and flexible borrowing options. 

For example, Ms. Verma recently applied for a MoneyView Personal Loan of Rs. 5 lakh at 14% per annum. Her loan was approved quickly, and she could calculate her monthly EMI easily using the standard formula. 

This blog explains MoneyView Personal Loan interest rates, key features, and tips to get the best rate, helping readers manage their finances efficiently.

MoneyView Personal Loan Interest Rate 2025

MoneyView offers personal loans with interest rates starting from 14% per annum. The rate may vary depending on the applicant’s credit profile and loan tenure. By choosing MoneyView, borrowers can access quick and convenient loans while paying competitive interest rates.

Types of MoneyView Personal Loan Schemes

MoneyView Personal Loan offers flexible interest options to suit different borrower needs. There are two main types of schemes:

1. Reducing or Variable Interest Rate
   This type of interest rate changes regularly and is linked to the Reserve Bank of India’s repo rate. It is also called a lowering or variable interest rate.
    
2. Fixed or Flat Interest Rate
   The interest rate remains constant throughout the loan term. The lender sets the rate based on the average discount rate over the tenure.

MoneyView Personal Loan allows borrowers to choose the scheme that best fits their financial situation, making repayments manageable and predictable.

Key Features of MoneyView Personal Loan

MoneyView Personal Loan offers convenient and flexible borrowing options to meet your financial needs. Here are the main features:

• Attractive Loan Amount: Borrow between Rs. 5,000 and Rs. 10,00,000, depending on your eligibility, with MoneyView Personal Loan.
   
• Fast Disbursal: MoneyView Personal Loan transfers the approved loan amount to your bank account within 24 hours.
   
• Collateral-Free Loans: You can get a MoneyView Personal Loan without pledging any assets or arranging a guarantor.
   
• Affordable Interest Rates: Enjoy interest rates starting from just 14% per annum on MoneyView Personal Loan.

MoneyView Personal Loan makes borrowing simple, quick, and flexible, helping you manage urgent financial needs without hassle.

Factors Affecting MoneyView Personal Loan Interest Rate

MoneyView Personal Loan interest rates depend on several factors that lenders use to assess risk and affordability. Understanding these factors can help you get a better rate.
 

1. Credit Score
   A high credit score shows financial stability and improves your chances of approval for a MoneyView Personal Loan.
    
2. Income
   Lenders often offer lower interest rates to borrowers with higher incomes, as they are more likely to repay the MoneyView Personal Loan on time.
    
3. Repayment History
   A strong repayment history signals low risk to lenders and can reduce the interest rate on your MoneyView Personal Loan.
    
4. Existing Relationship with the Lender
   If you have borrowed from the lender before, they may offer competitive rates and faster approval for your MoneyView Personal Loan.
    
5. Debt-to-Income Ratio
   A high debt-to-income ratio can increase your interest rate, as lenders see borrowers with high existing debts as higher risk.
    

By keeping these factors in mind and improving your credit profile, you can secure a lower interest rate on your MoneyView Personal Loan and make repayments more manageable.

MoneyView Personal Loan Interest Rate Calculation

You can calculate your EMI for a MoneyView Personal Loan using a standard formula. This helps you plan repayments and manage your budget.

EMI (E) = [P × R × (1 + R)^N] / [(1 + R)^N − 1]

Where:

• P = Principal amount borrowed
• R = Monthly interest rate (Annual Rate ÷ 12 ÷ 100)
• N = Loan tenure in months

Example:

• Loan amount (P) = Rs. 10,00,000
• Annual interest rate = 10.5% → Monthly rate (R) = 0.00875
• Tenure (N) = 60 months

EMI = [10,00,000 × 0.00875 × (1 + 0.00875)^60] / [(1 + 0.00875)^60 − 1] = Rs. 22,736, approx.

By using this formula, you can calculate the EMI for your MoneyView Personal Loan and plan your monthly repayments accurately.

Tips to Get Lower Interest Rates From MoneyView

MoneyView Personal Loan helps you meet your financial needs, and you can save money by getting a lower interest rate. Here are some simple tips to reduce your loan costs:
 

1. Keep Your Credit Score Good
   A higher credit score, ideally 700 or above, shows you manage credit well and improves your chances of approval.
    
2. Compare Different Lenders
   Check personal loans from various providers to find the best interest rate and features before applying.
    
3. Look for Seasonal Offers
   Lenders sometimes give short-term discounts via email or SMS. Applying for these offers can lower your rate.
    
4. Negotiate with Your Lender
   If you have a steady income and work for a reputable company, you can request a lower interest rate.

By following these tips, you can get the best rate on your MoneyView Personal Loan and make repayments easier and more affordable.

Bonus Tip: Always check for special offers or seasonal discounts from MoneyView, as they can help you get a lower interest rate and save on your loan repayments.

Conclusion

MoneyView Personal Loan offers flexible and affordable interest rates, helping borrowers manage their financial needs effectively. By understanding the rates, applying the EMI formula, and selecting the appropriate loan option, applicants can effectively plan their repayments. Following the tips and information provided in this blog ensures that borrowers can make informed decisions and get the best possible deal on a MoneyView Personal Loan.

FAQ’s

1. What is a personal loan principal amount?
The principal amount is the money you borrow from a lender. For example, if you take a loan of Rs. 50,000, that is your principal amount.

2. How do you calculate your personal loan EMI?
You can use an EMI calculator to find your monthly installments. MoneyView provides a personal loan EMI calculator to help plan your finances easily.

3. What is a personal loan interest rate?
The interest rate is the cost the lender charges on your loan. It is calculated monthly with your EMI and depends on factors like loan amount, credit score, and loan tenure.

4. What is personal loan pre-closure?
Pre-closure means paying off your loan before the scheduled repayment period. Lenders may charge 1–2% extra for early repayment.

5. What can you use a personal loan for?
You can use a personal loan for emergency expenses, debt consolidation, credit card repayment, business ventures, home renovation, education, travel, gadgets, or vehicle modifications.

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.