We report the influence of monovalent cation halide additives on the optical, excitonic and electrical properties of CH 3 NH 3 PbI 3 perovskite. Monovalent cation halide with similar ionic radii to Pb 2+ , including Cu + , Na + and Ag + , were added to explore possibility of doping. We observed significant reduction of subbandgap optical absorption and lower energetic disorder along with a shift in the Fermi level of the perovskite in the presence of these cations. The bulk hole mobility of the additive based perovskites as estimated using the space charge limited current method exhibited an increase of up to an order of magnitude compared to the pristine perovskites with a significant decrease in the activation energy.Consequentially, enhancement in the photovoltaic parameters of additive-based solar cells was achieved.We observed an increase in open circuit voltage for AgI (~1.02 vs 0.95 V for the pristine) and photocurrent density for NaI and CuBr based solar cells (≈23 vs 21 mA.cm -2 for the pristine). This enhanced photovoltaic performance could be attributed to the formation of uniform and continuous perovskite film, better conversion and loading of perovskite as well as the enhancement in the bulk charge transport along with a minimization of disorder, pointing towards possible surface passivation.