For income documentation with Money View, you need to provide the following documents:

• Audited financial statements such as Profit and Loss statements and Balance Sheets


• Income Tax Returns (ITR) for the past two or three years


• Bank statements with business transactions


• GST registration certificates or business license

To get your personal loan application approved, it is vital to share some of the necessary details such as your address proof, identity proof, personal details, salary slip (for salaried employees), Audit balance sheet (for self-employed individuals), and more. Sharing the details related to your employment history or business details may differ from one loan provider to another.

Your bank statements are one of the most crucial details for a personal loan application. Bank statements exhibit your financial capabilities to loan lenders and help boost your application process. Based on your bank statement and total income, the final or the maximum loan amount will be decided by the loan lender.

It is always beneficial to submit your credit report with other documents as a part of your personal loan application. A credit score anywhere between 550 to 750 is considered favourable to getting your personal loan sanctioned. Moreover, anything beyond 750 is considered as an excellent credit score for personal loan applications.

Applying for a personal loan with a co-applicant or guarantor will improve the chances of your application being approved. Additionally, due to some reasons, if you are unable to repay the amount for a particular cycle, the loan lender can acquire the loan amount from the co-applicant or guarantor for that particular period.

The common documents required at the time of submission of a joint personal loan application are identity proof of both parties, address proof of both parties, income proof of both parties, bank statements of both parties, and more. It is important to note that the document requirements may vary from lender to lender.

No, you don’t have to offer any collateral or security documents for a money-view personal application. As the personal loan is already secured, applicants don’t need additional security documents. Ensure to read the terms and conditions carefully before applying for a personal loan as it will help avoid last-minute inconveniences.

Incomplete submission or submission of fake documents can result in adverse outcomes. In such a situation, your loan application can be delayed or rejected, or in worse-case scenarios, you may be permanently stopped from acquiring personal loans from any lenders. Hence, ensure to submit the correct documents in the proper order, which will boost your application process.

In today’s technologically advanced era, it has become quite feasible and easy to share documents digitally from one place to another. Applicants can share scanned documents for Money View personal loan applications to boost a faster and more convenient application process. However, avoid sharing improper or false documents, as it may affect your overall loan application process.

After the submission of your application, the verification process of the documents can take a few weeks or months. The verification process is extremely essential to help loan lenders verify the credibility of the applicants. This can help them to avoid engaging with applicants who are not fit for the loan.

For non-resident or foreign applicants, the specific requirements of documents may vary from one lender to another. However, some common documents include identity proof, address proof, residential proof, income tax statements, bank statements, passports, and more. Make sure to carefully read the rules and conditions for foreign or non-resident applicants.

Generally, pre-approved loans are for existing members. As a new member or loan applicant, you don’t have to worry about submitting such documents. However, it is important for you to submit documents such as identity proof, address proof, bank statement, personal details, and more while applying for a personal loan with the lender.

Yes, the number of documents may differ while applying for secured or unsecured Money View Personal Loans. You may need to provide collateral documents along with other necessary documents for unsecured Money View Personal Loans. Whereas, in the case of secured Money View Personal Loans, applicants only have to submit the necessary documents mentioned by the lender.

To ensure the utmost security and privacy of your personal details and loan application, choose a reputable bank, opt for double or 2-factor authentication, upload your documents wisely, and refrain from sharing sensitive details while filling out your application. It is always a good practice to familiarize yourself with the terms and conditions of the loan process to avoid unwanted inconveniences.

Certainly, the number or types of documents may differ for different forms of personal loans. For debt consolidation loans, applicants need to submit documents such as address proof, identity proof, personal details, and more. On the other hand, for medical loans, applicants will have to submit documents related to medical allowances and more.