Professionals like Chartered Accountants, Doctors, Architects, Lawyers or Engineers are essential personalities for any society as they offer important services. These professionals might be in need of funds to either start their private practice or to expand their existing professional practice.

Where can you get Loans for Professionals?

  • Special Loans for Professionals:

    Certain banks and Non-Banking Financial Institutions offer a special category of loans that are designed to meet the cash requirement needs of professionals like doctors, CAs or Engineers.

  • Business Loans:

    On the other hand, professionals can also utilize Business Loans made available by banks and other financial institutions.

  • Personal Loans:

    Additionally, professionals can also make use of personal loans offered by banks, NBFCs or by online lenders. Money View offers instant personal loans for up to Rs 10 Lakhs which could be used by the professionals for their use.

Comparison of Various Loans Available for Professionals

Each loan comes with various features, eligibility criteria, documentation needs, and interest rates. We bring to you a comparison among the various avenues of loans available for professionals like Engineers, Doctors, CAs or lawyers. This should help you make a better decision.

Professional Loans Business Loans Instant Personal Loan from Money View
Eligibility Criteria
  • Certain years of post-qualification experience
  • Minimum years of profit-making in the venture
  • Healthy Balance Sheet and other financial parameters required
  • Minimum number of years in business
Low minimum income requirement and other criteria
Documentation & Procedure involved Extensive Documentation required Extensive Documentation required
  • Requires approved proof for identity, address, and income proof.
  • Easy online application and disbursal
The time required to avail the loan May take time depending upon the documents Same as a professional loan Instant approval
Rate of Interest 12.5% onwards 11-28% From 1.33% per month onwards

Money View instant loans can be the ideal option for a professional loan for doctors or engineers as it is paperless, instant and is disbursed in a short amount of time.

Here are the various features and benefits of a Money View Personal Loan:

  • Wide Range of Loan Amount:

    We offer loans between Rs 10,000 up to Rs 10 lakhs which helps you to choose an amount based on your needs.

  • Flexible Tenure:

    Our loans come with a flexible payment tenure that can be chosen by you. It could range anywhere up to 60 months, which makes it easier to spread out your repayments.

  • Faster Disbursal:

    When in need of any loan, time is of prime importance. We understand that you might not have the time to wait for a loan. Therefore our eligibility check takes 2 minutes and disbursal is at the earliest so that you can attend to your professional needs without a delay.

  • Pocket-friendly Interest Rates:

    Heavier interest rates create an unnecessary burden on your pocket. Therefore Money View loan is the ideal option for a professional loan as it comes with low-interest rates starting from 1.33% per month.

  • Loans for Low Credit Score:

    Money View Personal Loans are available even to those with low credit scores. Our minimum requirement is a CIBIL score of 650 or an Experian Credit Score of 750. This ensures that credit is made available even to those with a low credit score.

  • Transparent Eligibility Criteria

    Loans for professionals or business loans have stringent eligibility criteria in terms of healthy balance sheet or post-qualification experience, etc. However, Money View personal loans come with transparent and simple eligibility criteria so that more and more professionals can easily avail of a loan from us.

  • Entirely Paperless Process

    The entire process of loan approval to disbursal is digital, requiring no submission of any documents in physical form. All you need to do is upload copies of the required documents for the approval of your loan.

As we have said earlier, the eligibility criteria to avail of a personal loan from Money View is extremely simple and transparent.

Whether you are a salaried or a self-employed professional, we have you covered. Read on to discover our easy eligibility criteria.

Income and Credit Score Eligibility Criteria
Minimum In-Hand Income Area of Residence CIBIL Credit Score Requirement
Salaried Individuals Rs 20000 Any CIBIL or Experian Score of 650
Rs 20000 Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.) CIBIL Score of 650 /Experian Score of 650 and above
Rs 15000 Metro City other than Mumbai and NCR CIBIL Score/ Experian Score of 650
Rs 13500 Any CIBIL Score of 650 /Experian Score of 750 and above
Self Employed Individuals Rs 25000 Any CIBIL Score of 650 /Experian Score of 650 and above

Other Common Eligibility Criteria

  • Should be aged between 21 years and 57 years
  • All income should have been credited to a bank account


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