VIVA Money Loan app review: VIVA Money is India’s first line of credit and personal loan app that offers interest-free loans. VIVA Money offers personal loans up to ₹2 lakh in just 15 minutes at 0% interest for up to 51 days. No collateral or guarantor is needed.
Powered by Fincfriend Private Limited and registered with the Reserve Bank of India, VIVA Money offers a 100% online process, with no paperwork and complete flexibility in repayments—making it the go-to solution for those seeking financial freedom.
VIVA Money Loan App is now available in Maharashtra, Gujarat & Karnataka, Apply for a credit line once and use it as many times as you need.
Here, find out the VIVA Money loan app review, features, benefits, interest rates, and eligibility criteria, and decide if it’s the right choice for you.
Table of Contents
Viva Money Loan App: Line of Credit
| Feature | Details |
|---|---|
| Loan Type | Line of Credit & Personal Loan |
| Loan Amount Range | ₹5,000 to ₹2,00,000 |
| Interest Rate | 0% interest for up to 51 days After that: 18%-36% Annually |
| Availability | Maharashtra, Gujarat, Karnataka |
| Loan Tenure | 5, 10, or 20 months |
| Loan Disbursal | Money is transferred directly to your bank account |
| Application Process | 100% online with zero paperwork |
VIVA Money Loan EMI Calculator
Your monthly EMI: –
Total Interest: –
Total Principal: –
Total Payment: –
VIVA Money Loan – Key Features & Benefits:
VIVA Money offers a seamless and cost-effective solution for managing personal finances, Here are the Key Features & Benefits…
Key Features:
- Loan Amount Range: Get a credit line from ₹5,000 to ₹2,00,000.
- 0% Interest: Enjoy interest-free loans for up to 51 days.
- Instant Approval: Loan approval in less than 15 minutes.
- Revolving Credit Line: Access funds up to your approved limit, whenever needed.
- Flexible EMIs: Choose repayment terms of 5, 10, or 20 months.
- No Paperwork: 100% online process with zero paperwork.
- Direct Bank Transfer: Loan disbursed directly into your bank account.
- Availability: Currently available in Maharashtra, Gujarat, and Karnataka.
- RBI Registered: Powered by Fincfriend Private Limited, a registered NBFC with the RBI.
Key Benefits:
- Interest-Free Period: Borrow without paying interest for up to 51 days.
- Pay Only What You Use: Interest is charged only on the amount withdrawn after the interest-free period (51 days).
- Quick & Convenient: With a fast, digital process, Get funds in minutes.
- No Hidden Fees: Transparent terms with no hidden charges.
- Financial Flexibility: Borrow and repay at your convenience within your credit limit.
Viva Money Loan Interest Rate
VIVA Money offers an interest-free line of credit for up to 51 days. During this period, no interest is charged on the amount borrowed. After the 51-day interest-free period, 18% to 36% annual interest is charged only on the amount you withdraw from your credit line.
The exact interest rate you will get after the interest-free period may vary depending on your loan terms and credit profile.
Comparison: VIVA Money vs. Other Loan
| Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| VIVA Money | 0% for 51 days | ₹500 or 3% On time |
| Stashfin Loan | 11.99% | Zero |
| Navi Loan | 9.9% | Zero |
| Prefr Loan | 15% to 36% | 3% to 5% |
| Fibe Loan | 16% | 2% |
| CASHe Loan | 2.50% per month | ₹500 to ₹1,200 |
| Bharat Loan | 35% | 2% |
| RupeeRedee Loan | 12% to 36% | 10% to 15% |
| Olyv Loan | 18% to 30% | 2% to 12% |
| PayRupik Loan | 29% | 10% + GST |
| InCred Loan | 16% to 36% | 2% to 5% |
VIVA Money Loan Eligibility Criteria:
To be eligible for the VIVA Money Credit Line, you must meet the following requirements:
- You must be an Indian citizen.
- Your age should be between 21 to 64 years.
- You must have valid KYC documents (PAN Card & Aadhar Card).
- Your monthly income must be ₹15,000 or more.
Documents Required for VIVA Money Loan:
- Selfie
- PAN Number
- Aadhaar Number
- Bank Statement
How to Apply for VIVA Money Loan: Step-by-Step Process
You can get a personal loan from VIVA Money in less than 15 minutes by following these simple steps:
- Download the VIVA Money App
Install the VIVA Money Credit Line App from your app store. - Log In
Sign in using your phone number. - Submit KYC Details
Provide your PAN and Aadhaar details to check your eligibility. - Complete KYC Verification
Follow the instructions to complete the KYC verification process. - Loan Approval
Once approved, your eligible amount will be available as a credit line. - Transfer Funds
You can transfer the desired loan amount directly to your bank account anytime.
By completing these simple steps, you can avail a personal loan from the VIVA Money app as a credit line, and transfer the money you need directly into your bank account anywhere, anytime.
Viva Money Review: Line of Credit
Here are the VIVA money credit line and Viva Money review; important question and answer – is Viva Money RBI approved, fake or real, safe or not? Before applying for a credit line, know about the VIVA money loan!
1. Viva money RBI approved
Yes, the VIVA Money loan app is approved by RBI. It is operated by Fincfriend Private Limited, a non-banking financial company (NBFC), duly registered with the Reserve Bank of India (RBI). This ensures that VIVA Money operates under the regulatory guidelines and compliances set by RBI, providing a safe and reliable lending platform for users.
2. Viva money real or fake
VIVA Money app is a real and legitimate platform. It offers instant personal loans and credit lines, powered by Fincfriend Private Limited, an NBFC registered with the Reserve Bank of India.
3. Viva money safe or not
Yes, the VIVA Money app is safe to use, it gives top priority to users’ privacy and follows strict data security measures to protect their personal and financial information. The platform uses advanced encryption technologies to protect users’ data from unauthorized access.
Additionally, being powered by Fincfriend Private Limited, a registered NBFC under the RBI, further adds to the safety and credibility of the service.
Viva Money Customer Care Number
You can contact Viva Money customer care through the following methods:
- Mail: [email protected]
In conclusion, Viva Money is a legitimate and trusted loan app for instant personal loans and lines of credit of up to 2 lakh rupees. Powered by Akara Capital Advisors, an RBI-registered NBFC, Viva Money offers a user-friendly, secure, and transparent platform for individuals seeking personal loans or credit lines.
One of the advantages of the Viva Money loan app is that it claims to offer interest-free loans for 51 days. For short-term financial assistance, Viva Money would be a great option.