Short answer: InCred is an NBFC lending from ₹50,000 to ₹15 lakh, quoting an APR of 14% to 48% (which already includes fees) and an income bar of ₹15,000. Moneyview is a loan app with smaller loans from ₹5,000, a 14% starting rate before fees, and no foreclosure charge after a lock-in.
Last verified: 12 October 2026 from each company’s official website and, where marked, its Google Play listing. Rates and fees change; the lender’s Key Fact Statement (KFS) and loan agreement decide your actual terms. FundsTiger does not rank lenders.
InCred vs Moneyview at a glance
| InCred | Moneyview | |
|---|---|---|
| Type | RBI-registered NBFC (InCred Financial Services) | Loan app (platform for RBI-regulated partner lenders) |
| Loan amount | ₹50,000 to ₹15 lakh | ₹5,000 to ₹10 lakh |
| Interest rate | APR 14% to 48% (InCred states the range as APR) | From 14% a year (1.16% a month) |
| APR | 14% to 48% | Not published |
| Processing fee | Up to 5% + taxes | From 2% of the approved amount |
| Tenure | 12 to 60 months | 3 to 60 months |
| Minimum income | ₹15,000 a month | ₹25,000 a month household income, credited to a bank account |
| Who can apply | Salaried and self-employed | Salaried or self-employed |
| Age | 21 to 60 | 21 to 57 |
| Prepayment and foreclosure | Up to 5% + taxes, after 6 months from disbursal | No foreclosure charge, but not allowed on 6-month loans; allowed after 6 EMIs (7 to 18 months) or 12 EMIs (over 18 months). No part-payments. |
| Product | Term loan (EMI) | Term loan (EMI) |
| RBI-regulated lenders | InCred lends directly | Whizdm Finance, Clix Capital, Aditya Birla Capital, Credit Saison, Piramal Finance, Northern Arc, DMI Finance, Oxyzo, South Indian Bank, PayU Finance, SMFG India Credit, Cholamandalam, Vivriti Capital |
| On RBI’s digital lending app list | Yes: 1 RBI-regulated lender lists it; 50L+ installs, rated 4.6 | Yes: 17 RBI-regulated lenders list it; 10Cr+ installs, rated 4.8 |
| Also worth knowing | Disbursal within 15 minutes of approval (claimed); PAN, Aadhaar and 3 months of bank statements | Minimum CIBIL score 650; PAN, selfie and Aadhaar-linked mobile; disbursal within minutes of approval |
Install counts and ratings are from Google Play, as recorded on RBI’s digital lending app list check of 5 October 2026.
What a ₹50,000 loan over 12 months would cost
We costed the same loan on each lender’s advertised figures, using the standard reducing-balance EMI formula and adding 18% GST to fees where the lender quotes them before tax. The lowest advertised rate is usually for the strongest credit profiles; many borrowers are offered more.
| Lender | Scenario | Rate a year | EMI | Total interest | Fee incl. GST | Total cost |
|---|---|---|---|---|---|---|
| InCred | APR 14% (best case) | 14% | ₹4,489 | ₹3,872 | Included in APR | ₹3,872 |
| InCred | APR 48% (highest) | 48% | ₹5,328 | ₹13,931 | Included in APR | ₹13,931 |
| Moneyview | Lowest advertised rate | 14% | ₹4,489 | ₹3,872 | ₹1,180 | ₹5,052 |
Try your own numbers in our personal loan EMI calculator. For loans quoted only as APR, the APR already includes fees, so the total is an estimate.
Key differences
- Rate shown: InCred quotes APR (14% to 48%), which includes fees; Moneyview quotes an interest rate from 14% plus a fee from 2%.
- Smallest loan: InCred ₹50,000; Moneyview ₹5,000.
- Income bar: InCred ₹15,000 a month; Moneyview ₹25,000 household.
- Closing early: InCred up to 5% + taxes after 6 months; Moneyview nil after its lock-in.
Which should you choose?
InCred may suit you if you need ₹50,000 or more and earn ₹15,000 to ₹25,000 a month.
Moneyview may suit you if you need less than ₹50,000 or want to foreclose without a charge.
Whichever you pick, compare the APR in the KFS you are actually offered, not the advertised starting rate.
Before you apply
- Find the lender’s name in the app and check it on RBI’s list of digital lending apps or our RBI-registered NBFC search.
- Read the Key Fact Statement (KFS) before you accept. It must show the APR, every fee and the total you will repay.
- Never pay a fee before the loan is disbursed. Regulated lenders deduct fees from the loan or add them to the EMI.
- Apply to one or two lenders, not ten. Each application is a hard enquiry on your credit report.
- Check that the EMI fits your budget with our FOIR calculator.
Want to see offers from several RBI-regulated lenders in one place?
Frequently asked questions
Is InCred a bank or an NBFC?
InCred Financial Services is an RBI-registered NBFC.
Why does InCred quote APR instead of an interest rate?
APR includes the processing fee and other charges, so it is higher than the plain interest rate for the same loan. It is the better number to compare. Every lender must show the APR in its Key Fact Statement.
Are these lenders RBI-regulated?
The loans described here are given by RBI-registered NBFCs or banks named in the table. Check the lender named in your loan agreement on RBI’s digital lending app list.
Where do these figures come from?
From each company’s official website and, where noted, its Google Play listing, checked on 12 October 2026. Where a company’s own pages disagree, we show both figures.
Sources
- InCred personal loan page
- InCred schedule of charges (PDF)
- Moneyview personal loan page
- Moneyview lending partners
Read more: InCred app review · Moneyview app review · InCred lender profile · All loan app reviews · Lender directory
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Disclosure: FundsTiger (Gatimaan Finance Advisors Pvt. Ltd.) is a loan marketplace and lending service provider for RBI-regulated lenders. Aparampaar Finance Pvt. Ltd. (Omozing), one of those lenders, is a related party of FundsTiger. This article is general information, not financial advice. Read your loan agreement and KFS before you decide.