Benefits of using Viva Money - Credit Line Loan
Instant personal loans at 0% interestCredit limit:
From ₹5,000 to ₹2,00,000Minimum Processing Fees:
Starting from ₹600, followed by 2% on subsequent disbursals.Grace period:
Maximum 51 days if you withdraw on the 1st of the month (else, 20 days after the end of the withdrawal’s billing month)
How you repay
Quick & easy process- If Repaid within the Grace Period:
0% per annum interest charged
Otherwise, you can choose between 5, 10, and 20-month-long EMI payments. In this case, the following conditions will apply:
- Interest rate:
As low as 3-3.3% per EMI - Repayment term:
– 5 months: No extra charge
– 10 months: ₹999
– 20 months: ₹1499
Minimal Documents Required
100% digital and completely secureIdentity Proof (PAN card)
Address Proof (Aadhaar number)
Photograph (Selfie)
Eligibility Criteria
Easiest way of getting a personal loan online- Your age should be 21 to 64 years.
- Your monthly income must be ₹15,000 or more.
Your monthly household income must be ₹25,000 or more - You must be earning an official income either as a full-time, part-time, or self-employed professional
Features of the App
Single Credit Line, Countless Loans
Apply for a credit line once and access it whenever you need it
Fully Digital Process
Complete your instant loan application and enjoy access to funds in less than 15 minutes
No Collateral, No Guarantors
No collateral or guarantor is needed for credit line approval
Attractive Interest Rates
Enjoy affordable interest rates from the Viva Money App
Multiple Repayment Options
Repay easily with our online loan app, offering multiple repayment options
Instant Fund Transfer
From sign-up to fund disbursement in less than 15 minutes