Why Choose Money View Student Loan for MBBS
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Flexibility of Loan Amount
Depending on your eligibility, you can choose any loan amount from Rs.5,000 to Rs.10 Lakh
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24 Hour Disbursement
Your loan will be credited within 24 hours of you submitting the signed loan agreement
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Minimal Documentation
The documentation requirements for availing of a moneyview loan are minimal
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Affordable Interest Rates
We understand how important interest rates are as they determine the EMI amount to be paid. At Money View, the interest rate starts at just 1.33% per month
Are you planning to study MBBS but concerned about the funds required? You can apply for an education loan for MBBS in India without any collateral from moneyview.
Student Loan for MBBS from moneyview
In order to pay for one’s MBBS degree, the most common option is to avail of an education loan for MBBS in India. But have you considered an alternative that is much more affordable and flexible?
Personal loans come with a host of other benefits such as flexibility in terms of loan amount and repayment term. Personal loans from moneyview also require minimal documentation and get disbursed within 24 hours which makes them perfect for urgent needs.
If you are searching for ‘education loans for MBBS in India’ or ‘education loans for MBBS in abroad’, you can use personal loans from moneyview.
Eligibility Criteria for moneyview Student Loan for MBBS
To get a student loan for MBBS in India from moneyview, you will need to fulfill the criteria given below -
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Your age must be between 21 and 57 years
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You must receive an income of Rs.13,500 or more if you are salaried
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You must receive an income of Rs.15,000 or more if you are self-employed
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Your income must be credited directly to your bank account
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You should have a minimum CIBIL or Experian score of 650
Documents Required For Education Loan for MBBS in India from moneyview
Are you looking for ‘education loan for MBBS in abroad’, and are wondering what are the documents required for it, read ahead. You can apply for a personal loan from moneyview and use it as a student loan for MBBS.
The documentation required for an instant personal loan from moneyview is very simple. All you will have to do is -
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Confirm or enter your PAN number
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Ensure that your mobile number is linked to your Aadhaar card for KYC verification
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Provide a clear selfie taken in a well-lit area
Please note that the documentation requirements will vary based on your profile. You may be required to upload proof of address, bank statement, and other supporting documents.
In case you are required to upload proof of address, any one of the following documents will suffice -
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Aadhaar Card
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Valid Indian Passport
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Valid Voter ID
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Valid Driver’s License
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Utility Bills (Electricity, Water, Gas) dated within the last 60 days
In case you are required to upload proof of income, you must furnish your bank statement for the last three months. This statement must also show your salary credits.
Fees and Charges for moneyview Student Loan For MBBS
The fees and charges for moneyview instant personal loans are very affordable. They are mentioned below -
Fees & Charges |
Amount Chargeable |
Interest Rate |
Starting from 1.33% per month |
Loan Processing Charges |
Starting from 2% of the approved loan amount |
Penal charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
NACH Bounce |
Rs.500/- each time |
Loan Cancellation |
If you wish to exit the loan after it has been sanctioned, you can do so within 3 days of loan disbursement. The principal amount and other applicable charges, however, will have to be paid. |
How to Apply for Money View Student Loan for MBBS
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Check Eligibility
Visit the moneyview website or download the app. Provide all necessary details and find out your eligibility in just 2 minutes.
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Select Loan Tenure
Based on the options provided, select the loan amount and repayment term of your choice
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Upload Documents
Upload all the documents online without any hassle. The process is 100% paperless and can be completed within minutes.
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Amount Disbursed
After your documents are verified and you have submitted the loan agreement, the funds will be credited to your bank account within 24 hours in most cases.
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Conclusion
Getting a student loan for MBBS in India is very easy if you have cleared the entrance exams. But you might require a loan more urgently or without any collateral. In such cases, you can opt for an instant personal loan from moneyview and use the funds as an education loan for MBBS.
Loans from moneyview are versatile and affordable. You can get a loan amount from Rs.5,000 to Rs.10 Lakh from moneyview and can opt for a repayment tenure of 3 months to 5 years based on your eligibility and requirements.
To know more, check out the moneyview website or download the app and apply today.
Education Loan for MBBS - Related FAQs
Currently, we only offer loans to those who have a source of income. However, you can always ask your family members such as your parents, siblings, or even friends to apply on your behalf.
Secured loans are those that are provided against collateral such as home loans, auto loans, gold loans, etc. Unsecured loans are those that do not require collateral such as personal loans but can be used for a number of purposes.
Currently we only provide loans to those individuals who receive their salary via bank transfer – directly from their employer. We will not be able to give loans to applicants who get their salaries in cash.
No, applicants do not have to provide security, collateral, or guarantors as Money View personal loans are unsecured loans.
Our personal loans are extremely versatile. You can use for a number of purposes such as -
- Education purposes
- To fund a wedding
- For Home-repairs
- For vacation
- For a loan down payment
- To buy the latest gadget
- To fund a business venture
- To pay off credit card bills or build credit score
INTERLINKS
- Apply for Personal Loan
- Personal Loan Interest Rates
- Personal Loan Eligibility
- Documents Required for Personal Loan
- Personal Loan EMI Calculator
- Steps to Apply for a Personal Loan
- Top-Up Personal Loan
- Loan on Aadhar & Pan Card
- Loan for Salaried Employees
- Personal Loan for Self Employed
- Personal Loan Foreclosure Procedure
- Personal Loans from Private Finance