MoneyGray is a digital lending platform that offers 100% instant paperless loans without any collateral and documents for an amount ranging from Rs. 50,000 to Rs. 25,00,000.

MoneyGray personal loan is an unsecured loan that you can avail of to fulfill various personal financial requirements such as unplanned medical emergencies, planning a vacation, home renovation, etc. The loan can be availed digitally with paperless approval through KYC verification.

A customer can also apply for a MoneyGray personal loan from the official website of MoneyGray. However, applying for a personal loan from the MoneyGray app is more convenient.

Personal loans can be used to meet financial obligations like medical emergencies, weddings, education, travel, home renovation, etc.

You write to us at customercare@moneygray.com for any assistance.

Yes, your details are completely safe with us as we do not store any credentials. We use the best security system to protect your data.

You must meet the following eligibility criteria to avail MoneyGray personal loan: Age: 18-55 years Minimum Salary: Rs. 15,500. Minimum Current Work Experience: 2 months Total Work Experience: 2 years CIBIL Score: 650 or above

The loan amount is decided based on factors like CIBIL, income, work experience, etc. If you get the approval, you can avail of a personal loan amount ranging from Rs. 50,000 to Rs. 25 Lakhs.

The minimum and maximum tenure for an instant personal loan in MoneyGray is 12 months and 84 months, respectively.

You need a credit score of 650 or above to avail of a personal loan from MoneyGray

If you work with a Private/ PSU/ Govt organization and have a PF, TDS, and official email id, you can avail of a personal loan. In addition, you must also fulfill other eligibility criteria related to age, income, etc.

Yes, you can avail of a personal loan if you are staying in a PG.

The maximum personal loan in MoneyGray is decided on the basis of eligibility. The main factors to be considered are salary, employment type, and existing obligations.

Before applying for a MoneyGray personal loan you must check the eligibility criteria. The eligibility criteria are decided on the basis of age, employment, credit score, and much more.

You do not need to submit any documents to avail of a personal loan with MoneyGray. However, you would be required to complete KYC verification online with no document upload.

It takes 30 seconds for in-principle approval and funds are disbursed to your account digitally within the same day.

You can avail of instant personal loans in 4 simple steps. Submit a loan application on the MoneyGray website or at MoneyGray App Get instant approval after submitting a few details. Complete KYC verification and e-sign process. Setup eNACH for Auto debits. Get successful loan disbursement in your bank account.

You do not need to upload or scan any documents for verification. The process can be completed through Video KYC or selfie upload.

e-NACH is an Electronic National Automated Clearing House that NPCI initiates along with the Reserve Bank of India (RBI). We will send you a link for verification of the e-NACH process after your KYC verification is complete.

Once e-NACH and e-sign is done, the loan disbursement process will take a few hours to one day.

The process of Video KYC helps to authenticate the identity of the borrower via Video Call and requires the person to show his/her PAN Card. The process involves audio-visual interactions to check the person`s liveliness and face matching with the provided documents.

You can apply for quick personal loans through the MoneyGray website or app. The process is paperless and can be completed online through Video KYC.

An Aadhar-linked mobile is required for aadhar-based KYC verification of the customer. You can get your Aadhar connected by visiting the nearest Aadhar center as the application can’t process if your Aadhar is not linked to a mobile number.

No, MoneyGray does not provide you with the facility to transfer the outstanding balance from another bank account to MoneyGray.

You can avail of the following benefits with a MoneyGray personal loan: Minimum Documentation Requirement Instant Loan Disbursal No Paperwork Attractive personal loan rates

To avail MoneyGray personal loan, you need to have a credit score of 650 or above. Only case when you can get a personal loan with a score of less than 650, if the bureau history is less than 6 months.

Yes, MoneyGray offers instant personal loans that take 30 seconds for approval and the loan is disbursed within 24 hours digitally with a paperless procedure through KYC verification and online NACH setup.

The credit score is used to evaluate the borrower's personal loan eligibility and creditworthiness. A decent score increases your chances of getting a personal loan on the best terms. To qualify for a MoneyGray personal loan, you need a minimum credit score of 650.

The lowest personal loan rates start at 9% p.a. However, the rates vary based on the loan amount you want to avail of.

You need to pay a one-time non-refundable upfront fee at the time of processing a loan. The processing fee ranges between 2-5% of the loan amount.

Part-prepayment is not allowed

Nil but foreclosure can be done only after a minimum number of EMIs have been paid.

You can repay the personal loan in easy equated monthly installments (EMIs). The different modes of online payments that you can choose to repay your Personal Loan EMI are UPI, Bank Account, and NACH.

Yes, you can repay your Personal Loan EMI using multiple methods including bank accounts. However, you must have your account in banks such as ICICI Bank, HDFC Bank, SBI, Yes Bank, etc. If you have set up eNACH for repayment, then the EMI amount will be auto-debited from your account on the repayment date.

You can opt for prepayment/foreclosure under by logging in to the mobile app or web platform of MoneyGray. Select a few details and proceed to payment. Once the payment is successfully received, it will start reflecting in your loan account details.

Repayment date is the fixed date of every month on which the EMI will be deducted from your bank account. Once the amount is deducted, you can login to MoneyGray and check the transactions of your loan account.

No, you need to pay the dues on your Personal Loan every month on the due date and in case your EMI is missed due to insufficient balance, a bounce charge will be levied.

No, there is no option of partial EMI payments for a personal loan.

If your query remains unanswered, you can contact our customer support team at customercare@moneygray.com