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MoneyWide Personal Loan

Here are a few factors

How To Apply
Product Rating

( 4.3 /5 )

Total - 506 ratings

5 ★
287
4 ★
146
3 ★
43
2 ★
18
1 ★
12

Location

PAN India

Approval and Disbursement

Same Day

Interest Rates

Interest rate 17% - 29.99%

Security

No Collateral Required

Loan Amount

Rs. 10,000 - 3,00,000

Tenure

6M/ 12M/ 18M/ 24M/ 30M/ 36M

Max FOIR

50-65% grid based

Required Salary

Minimum monthly salary should be Rs. 25,000/-

Processing Fees

3% to 3.5% of loan amount

Required Document

None - The entire process is Online and Paperless

MoneyWide Personal Loan EMI Calculator

Interest Type

Loan Amount

₹

Interest Rate

%

Loan Tenure

Mo
Loan Amount₹100,000
Interest %17 %
Tenure (months)12
Emi (monthly)₹ 9,120
Total Interest₹ 9,446
Loan Amount + Interest₹ 109,446
YearTotal Principal
( A )		Total Interest
( B )		Balance
( A + B)		Total Payment Loan Paid Till Date (%)
₹ 56,269₹ 7,571₹ 63,840₹ 43,73156.27 %
Jun₹ 7,703₹ 1,417₹ 9,120₹ 92,2977.70 %
Jul₹ 7,812₹ 1,308₹ 9,120₹ 84,48515.52 %
Aug₹ 7,923₹ 1,197₹ 9,120₹ 76,56223.44 %
Sep₹ 8,035₹ 1,085₹ 9,120₹ 68,52731.47 %
Oct₹ 8,149₹ 971₹ 9,120₹ 60,37839.62 %
Nov₹ 8,265₹ 855₹ 9,120₹ 52,11347.89 %
Dec₹ 8,382₹ 738₹ 9,120₹ 43,73156.27 %
₹ 43,723₹ 1,877₹ 45,600₹ 899.99 %
Jan₹ 8,500₹ 620₹ 9,120₹ 35,23164.77 %
Feb₹ 8,621₹ 499₹ 9,120₹ 26,61073.39 %
Mar₹ 8,743₹ 377₹ 9,120₹ 17,86782.13 %
Apr₹ 8,867₹ 253₹ 9,120₹ 9,00091.00 %
May₹ 8,992₹ 128₹ 9,120₹ 899.99 %
Work Process

Start with MoneyWide Personal Loan in few steps

Before you run to apply for a personal loan at Money Wide, here are some things you need to know about our process:

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

Keep a Check on Your Document for a Smoother Process

Required Documents

PAN Card

Aadhaar Card

Driving Licence

Voter ID

Note : Only salaried employees including employees of Pvt. Ltd., Gov., proprietorship/ partnership/ LLP firms; those not registered/ opted out from EPFO are eligible.

Apply for Loan

Eligibility Criteria

There are some key aspects and filters of the customer which are a necessity for us before sanctioning our personal loan. We understand the needs of each customer and try to portray the same by customizing our Loan terms and conditions with an objective to match his or her requirement.

  • Age :- 23 to 55 Years
  • Net Monthly Income :- Rs. 25,000 and above
  • Current Work Experience :- 2 months and above
  • Total Work Experience :- Minimum 2 years
  • Credit Score :- 650 or above
  • Other Requirements :- Customer must have valid PAN, Net banking facility and Aadhar Card linked to mobile number
  • Salary Acceptance :- The salary must be received through Bank Transfer (NEFT/ECS/CMS/IMPS).

Other documentations

  • Cancel cheque or bank passbook front page copy

Let us take an example, How EMI is being calculated

For instance, if "Shubham" applies for a Personal loan of INR 3 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 2 years or 24 Months , in such a case his EMI would be INR 14,546 and complete repayment amount till the end of 2 years tenure would be INR 3,49,104 (i.e 14,546 EMI * 24 months), wherein the total interest amount is INR 49,104 along with principal repayment of INR 3,00,000. Few additional charges like those of minimal one-time processing fee ranging from 2% to 3% of loan amount, pre-payment instant prepayment and foreclosure facility after 1st EMI. T& C apply. T&C apply.
Month Principal Outstanding Interest Total Payment Payment towards Principal Loan Paid Till Date Balance Principal
1 3,00,000.00 3,750.00 10,400.00 ₹ 6,650.00 ₹ 6,650.00 ₹ 2,93,350.00
2 2,93,350.00 3,667.00 10,400.00 ₹6,733.00 ₹13,383.00 ₹ 2,86,617.00
3 2,86,617.00 3,583.00 10,400.00 ₹ 6,817.00 ₹ 20,200.00 ₹ 2,79,800.00
4 2,79,800.00 3,498.00 10,400.00 ₹ 6,902.00 ₹ 27,102.00 ₹ 2,72,898.00
5 2,72,898.00 3,411.00 10,400.00 ₹ 6,989.00 ₹ 34,091.00 ₹ 2,65,909.00
6 2,65,909.00 3,324.00 10,400.00 ₹ 7,076.00 ₹ 41,167.00 ₹ 2,58,833.00
7 2,58,833.00 3,235.00 10,400.00 ₹ 7,165.00 ₹ 48,332.00 ₹ 2,51,668.00
8 2,51,668.00 3,146.00 10,400.00 ₹ 7,254.00 ₹ 55,586.00 ₹2,44,414.00
9 2,44,414.00 3,055.00 10,400.00 ₹7,345.00 ₹ 62,931.00 ₹ 2,37,069.00
10 2,37,069.00 2,963.00 10,400.00 ₹ 7,437.00 ₹ 70,368.00 ₹ 2,29,632.00
11 2,29,632.00 2,870.00 10,400.00 ₹ 7,530.00 ₹ 77,898.00 ₹ 2,22,102.00
12 2,22,102.00 2,776.00 10,400.00 ₹ 7,624.00 ₹85,522.00 ₹ 2,14,478.00
13 2,14,478.00 2,681.00 10,400.00 ₹7,719.00 ₹93,241.00 ₹ 2,06,759.00
14 2,06,759.00 2,584.00 10,400.00 ₹7,816.00 ₹ 1,01,057.00 ₹ 1,98,943.00
15 1,98,943.00 2,487.00 10,400.00 ₹ 7,913.00 ₹ 1,08,970.00 ₹ 1,91,030.00
16 1,91,030.00 2,388.00 10,400.00 ₹ 8,012.00 ₹ 1,16,982.00 ₹ 1,83,018.00
17 1,83,018.00 2,288.00 10,400.00 ₹ 8,112.00 ₹ 1,25,094.00 ₹ 1,74,906.00
18 1,74,906.00 2,186.00 10,400.00 ₹ 8,214.00 ₹ 1,33,308.00 ₹ 1,66,692.00
19 1,66,692.00 2,084.00 10,400.00 ₹ 8,316.00 ₹ 1,41,624.00 ₹ 1,58,376.00
20 1,58,376.00 1,980.00 10,400.00 ₹ 8,420.00 ₹1,50,044.00 ₹ 1,49,956.00
21 1,49,956.00 1,874.00 10,400.00 ₹ 8,526.00 ₹ 1,58,570.00 ₹1,41,430.00
22 1,41,430.00 1,768.00 10,400.00 ₹ 8,632.00 ₹ 1,67,202.00 ₹ 1,32,798.00
23 1,32,798.00 1,660.00 10,400.00 ₹ 8,740.00 ₹ 1,75,942.00 ₹ 1,24,058.00
24 1,24,058.00 1,551.00 10,400.00 ₹8,849.00 ₹ 1,84,791.00 ₹ 1,15,209.00
25 1,15,209.00 1,440.00 10,400.00 ₹ 8,960.00 ₹ 1,93,751.00 ₹1,06,249.00
26 1,06,249.00 1,328.00 10,400.00 ₹9,072.00 ₹ 2,02,823.00 ₹ 97,177.00
27 97,177.00 1,215.00 10,400.00 ₹ 9,185.00 ₹ 2,12,008.00 ₹ 87,992.00
28 87,992.00 1,100.00 10,400.00 ₹ 9,300.00 ₹ 2,21,308.00 ₹78,692.00
29 78,692.00 984.00 10,400.00 ₹ 9,416.00 ₹ 2,30,724.00 ₹ 69,276.00
30 69,276.00 866.00 10,400.00 ₹ 9,534.00 ₹2,40,258.00 ₹59,742.00
31 59,742.00 747.00 10,400.00 ₹ 9,653.00 ₹ 2,49,911.00 ₹ 50,089.00
32 50,089.00 626.00 10,400.00 ₹ 9,774.00 ₹ 2,59,685.00 ₹ 40,315.00
33 40,315.00 504.00 10,400.00 ₹ 9,896.00 ₹ 2,69,581.00 ₹ 30,419.00
34 30,419.00 380.00 10,400.00 ₹ 10,020.00 ₹ 2,79,601.00 ₹ 20,399.00
35 20,399.00 255.00 10,400.00 ₹ 10,145.00 ₹ 2,89,746.00 ₹ 10,254.00
36 10,254.00 146.00 10,400.00 ₹ 10,254.00 ₹ 3,00,000.00 -
Instant Loan Approval: AIP within 30 seconds and final approval within 3 minutes

Noteworthy Features

Quick Disbursal

Same day disbursement in bank account

Easy Documentation

No physical residence or office verification; No salary slip/income document required

Full Flexibility

On click or in-app instant prepayment and foreclosure facility after 1st EMI.

Zero Paper

No physical or scanned documents. 100% e-KYC, e-sign, e-NACH

Zero CIBIL Consideration

Offering loan to 0/-1 Cibil Case

MoneyWide Customer Care

Contact No. :- +91-9911862226 (Monday to Saturday: 10 AM to 6:30 PM)

Email :- care@moneywide.com

Check More Details to Contact MoneyWide

 

Leave Your Question

FREQUENTLY ASKED QUESTIONS

MoneyWide's personal loan benefit is that you have the freedom to request an amount of your choice. Our lenders can give you a quick loan approval as well as an instant decision, so you don't need to wait for long hours just to get your personal loan approved. The other great thing about us is that we assist our clients with the most convenient and hassle-free application process, which includes no paperwork and Instant Loan Only. Our friendly lenders offer you low-interest rates on your personal loan.

No, Unfortunately, MoneyWide does not allow you to transfer an outstanding balance from another bank account to your MoneyWide account.

The lowest personal loan rates from MoneyWide start at 16.50% p.a., but that rate depends on the amount you want to borrow and how long you want to take to pay it back.

Yes, MoneyWide charges a fee of 3% of the part payment after 1st EMI on personal loans.

Yes, you can foreclose your loan at Money Wide, whereas you will be asked to pay a certain amount of charge for it.

MoneyWide is a digital non-banking financial company (NBFC) that operates under MyLoanCare Ventures Private Limited, which is an RBI registered NBFC. They offer quick and easy loan options without the need for collateral or documentation. The loan amounts available range from Rs. 50,000 to Rs. 3,00,000 and the process is 100% instant and paperless.

A MoneyWide Personal Loan is a type of unsecured loan that can be used to meet various personal financial needs such as covering medical expenses, going on a vacation, home renovation, etc.

No, you can also apply for a MoneyWide Personal Loan through the official website. However, using the MoneyWide app makes the application process more convenient.

A MoneyWide Personal Loan can be used for a variety of expenses, including medical emergencies, weddings, education, travel, and home renovation.

You can contact MoneyWide customer support by sending an email to care@moneywide.com.

Yes, your information is completely secure with MoneyWide. We do not store any credentials and use state-of-the-art security systems to protect your data.

An instant personal loan through Moneywide Loan is a quick and convenient way to access funds for diverse financial needs such as wedding expenses, travel expenses, etc. The loan amount for an Instant Personal Loan ranges from Rs 10,000 to Rs 3 lakh, and the repayment tenure is up to 3 years.

 The New Credit Personal Loan offered by Moneywide Loan is a personal loan designed for borrowers with a 0 or -1 credit score. It can be used to fulfill any financial purpose, except speculation. The loan amount for this loan ranges from Rs 10,000 to Rs 1 lakh, and the repayment tenure is 3 months to 1 year.

 A Travel Loan through Moneywide loan is a personal loan designed specifically for holidays. It can be used to cover expenses related to traveling and the loan amount ranges from Rs 10,000 to Rs 3 lakh with a repayment tenure of 3 months to 3 years.

 A Personal Loan for Home Renovation is a loan designed specifically for repairing and renovating an existing house. It provides funds to cover the expenses of home improvements. The loan amount for a Personal Loan for Home Renovation offered by Moneywide loan ranges from Rs 10,000 to Rs 3 lakh. The repayment tenure for this loan is 3 months to 3 years.

A Personal Loan for Marriage from Moneywide Loan is a personal loan designed to cover expenses related to weddings. The loan amount ranges from Rs 10,000 to Rs 3 lakh and the repayment tenure is 3 months to 3 years.

A Personal Loan without Documents from Moneywide loan is a personal loan option for borrowers who want to access funds without having to provide extensive documentation. This loan can be used for various personal or business purposes and ranges from Rs 10,000 to Rs 3 lakh with a repayment tenure of 3 months to 3 years.

A Personal Loan on Aadhar Card is an unsecured loan designed for borrowers to fulfill any kind of financial need except speculation. The loan amount ranges from Rs 10,000 to Rs 3 lakh and the repayment tenure is 3 months to 3 years.

MoneyWide Personal Loan charges a processing fee of 3.75% of the loan amount.

For a MoneyWide Personal Loan, part payment charges are up to 4% of the prepaid amount after the first EMI. The foreclosure charges are up to 4% of the outstanding amount after the first EMI.

The interest rate for a MoneyWide Personal Loan starts at 16.50% p.a. The final personal loan interest rate offered to the loan applicant may vary based on factors such as the credit score, monthly income, job profile, and employer's profile of the applicant. The interest rate for a New Credit Personal Loan is 29.99%.

Refer Loan is a Phy-zital Fintech that connects Lenders and Borrowers digitally as well physically. It provides a Financial Bouquet to the users with multiple Financial solutions. Its AI-based detailed comparison enables users to find the best financial product from the best financial institutions.

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