Frequently Asked Questions
1. General Questions
What is HuntMoney?
HuntMoney is a loan aggregator platform that helps users find and apply for Personal Loans and Home Loans from multiple lenders. We also provide free CIBIL score checks to help users understand their creditworthiness before applying for a loan.
Is HuntMoney a lender or a bank?
No, HuntMoney is not a lender or a bank. We act as an intermediary that connects borrowers with financial institutions and lending partners, offering loan options based on eligibility.
How does HuntMoney work?
- Users fill out a multi-step eligibility form with personal, employment, and financial details.
- HuntMoney checks the CIBIL score and matches users with suitable loan options.
- Users receive loan offers from partner banks or NBFCs.
- Once a loan is selected, users are redirected to the lender’s website or contacted for further processing.
Is HuntMoney free to use?
Yes, HuntMoney is completely free for users. We do not charge any fees for checking loan eligibility or CIBIL scores.
2. Loan Eligibility & Application
How can I check my loan eligibility?
You can check your eligibility by filling out the Quick Loan Eligibility Check form on our website. Based on your income, credit score, and other factors, we will match you with the best available loan offers.
What factors affect my loan eligibility?
Loan eligibility is determined by factors like:
- Your CIBIL Score and credit history
- Your monthly income and employment type
- Your existing loans and financial obligations
- The loan amount and tenure you choose
- Bank-specific lending criteria
What is the minimum CIBIL score required for a loan?
Most banks require a **minimum CIBIL score of 650** for personal loans and **700 or above** for home loans. A higher score improves your chances of getting better loan offers at lower interest rates.
3. CIBIL Score & Credit Reports
How can I check my CIBIL score on HuntMoney?
Simply go to the **"Your CIBIL"** section on our website, enter your PAN number and some basic details, and get your free CIBIL score instantly.
Will checking my CIBIL score on HuntMoney affect my credit score?
No, checking your CIBIL score on HuntMoney is considered a **soft inquiry** and does not impact your credit score.
How often should I check my CIBIL score?
It’s recommended to check your **CIBIL score at least once a month** to monitor your credit health and take corrective actions if needed.
4. Loan Approval & Disbursement
How long does it take to get a loan approval?
Loan approval time depends on the lender. Personal loans can be approved within **24-48 hours**, while home loans may take **5-10 business days** for verification and approval.
What documents are required to apply for a loan?
The required documents typically include:
- PAN Card & Aadhaar Card
- Income Proof (Salary Slips, Bank Statements, or ITR)
- Address Proof (Utility Bill, Rental Agreement, etc.)
- Employment Proof (Company ID, Offer Letter, etc.)
- Property Documents (for home loans)
How will I receive my loan amount?
Once your loan is approved and processed, the amount will be directly transferred to your **bank account**.
5. Security & Privacy
Is my personal data safe with HuntMoney?
Yes, we take **data privacy and security** very seriously. HuntMoney follows strict security protocols and encrypts all sensitive user data to prevent unauthorized access.
Will my data be shared with third parties?
Your data is shared **only with verified lending partners** for loan processing. We do not sell or misuse your information.
6. Contact & Support
How can I contact HuntMoney for assistance?
You can contact us via:
- Email: support@huntmoney.com
- Phone: +91 XXXXXXXXXX (Mon-Sat, 9 AM - 7 PM)
- Live Chat: Available on our website