Ans: In order to be eligible to get a personal loan from MoneyGray, you must meet the following criteria -

• You must be salaried or self-employed
• You must be salaried or self-employed
• You must be salaried or self-employed
• You must be salaried or self-employed

If you fulfill the above personal loan eligibility criteria, you can apply for a loan from MoneyGray and finish our eligibility check which only takes two minutes. Based on this, we will create a custom loan offer tailored to meet your needs and requirements.

Ans: Yes, you can. You can get an instant personal loan as long as your salary is Rs. 13,500 per month if you are salaried and Rs. 15,000 per month if you are self-employed. However, to be eligible, your salary must be credited to a bank account directly.

Ans: MoneyGray personal loan eligibility check takes just 2 minutes to complete. You can check your personal loan eligibility by either visiting the Money Gray website or by downloading our app.

Ans: The maximum amount you can borrow from MoneyGray is Rs. 25 lakhs. However, we provide a custom offer for each applicant based on their eligibility criteria therefore this amount may vary.

Ans: In order to get a personal loan from MoneyGray, you need to fulfill the following criteria -

• If you are a salaried employee, you will need to earn a minimum of Rs. 13,500 per month
• If you are self-employed, you will need to earn a minimum of Rs. 15,000 per month

Your salary must be credited to your bank account directly.

Ans: Your salary is one of the most important eligibility criteria that lenders consider while disbursing loans. At MoneyGray, you need to have the following minimum salary to be eligible for our personal loan -

• If you are a salaried employee, you will need to have a minimum monthly income of Rs. 13,500
• If you are self-employed, you will need to earn a minimum monthly income of Rs. 15,000

Your salary must be credited to your bank account directly.

Ans: No, you do not have to. The entire loan application process is completely free of cost. All you have to do is fulfill the following eligibility criteria before applying for our personal loan -

• You must be Salaried or Self Employed (own business)
• Your monthly in-hand income should be Rs 13,500/- or more. To know more, click here
• Your salary must be directly credited to your bank account
• You must either have a minimum CIBIL score of 600 or a minimum Experian score of 650. Low Credit Score? You may still get a loan based on our own credit-assessment model.
• Applicants must be between the ages of 18 years to 55 years

If you do fulfill the above criteria, then visit the MoneyGray website and download the app and apply. We will take care of the rest!

Ans: Your income is one of the most important factors that determine your personal loan eligibility. Higher the income, greater is your ability to repay the loan. However, if you have multiple loans running at the same time then your repayment ability will be affected.

This is why before you get a loan, it is important to ensure that you are in a comfortable position to repay.

At MoneyGray, we require applicants to have a minimum monthly income of Rs. 13,500 that is credited directly to their bank account.

Ans: When you apply for a loan, your lender will consider your existing debts. If you have a high debt-to-income ratio, i.e. you are repaying multiple loans through your existing income, then your perceived creditworthiness will be low. It indicates that you may not be able to repay a new loan easily if you are already repaying multiple loans and this will impact your eligibility criteria and your ability to avail loans easily.

Therefore, always try to keep your debt-to-income ratio low.

Ans: At MoneyGray, we use a unique credit rating model that considers criteria including but not limited to your credit score. Therefore, even if your credit score is on the lower side, you can still get a personal loan from MoneyGray.

The minimum credit score requirement is a CIBIL score of 600 and above or an Experian score of 650 and above.

Ans: You need to be between 18 years to 55 years in order to get a personal loan from MoneyGray.

Ans: Since we use our own credit rating model at MoneyGray, you need to have a minimum CIBIL score of 600 or a minimum Experian score of 650 to get a personal loan from us.

*Starting interest rate varies on factors like credit history, obligation, or lender. #Indicative disbursement time measured for a loan of Rs 50,000 carried under controlled conditions. Subject to the necessary KYC and Income Verification. T&C apply.