Personal loans for students are a great way to deal with the financial requirements of higher education.
We, at moneyview, can help you get a student loan in India in a hassle-free manner with minimal documentation. Read ahead to know more.
Eligibility Criteria to Apply for Student Loan in India
The eligibility criteria to get personal loans for students are simple and straightforward in moneyview -
If the student is salaried, their minimum in-hand salary should be Rs.13,500 per month
If the student is self-employed, their minimum in-hand salary should be Rs.15,000 per month
The student’s income must be credited directly to their bank accounts
The student should have a minimum CIBIL score or an Experian score of 650
The student’s age should be between 21 and 57
Can Students with No Income Avail Student Loans from moneyview?
Unfortunately, if you don’t have a source of income, you can’t apply for a personal loan from moneyview.
But your parent, guardian, sibling, or friend who fulfills the criteria can take the loan on your behalf. As the funds of a personal loan can be used for any requirement, you can use a moneyview personal loan to fund your education.
Documents Required to Avail Personal Loan for Students
To apply for student loans from moneyview, only the following documents are required -
Your PAN number
Your mobile number will have to be linked to your Aadhaar card for KYC verification
Other than this, the auto-debit facility from your bank account must be enabled. This is a quick process where you can use a debit card, net banking, or NACH form.
The auto-debit facility will help you pay your EMIs automatically every month without the need for manual intervention.
Interest Rates and Other Charges of Personal Loans for Students
We, at moneyview, provide instant loans for students at competitive rates. Take a look at the table below to know more -
If you are looking for a student loan in India, but are in need of some quick funds, moneyview can help you. We offer personal loans for students at affordable rates and with minimum documentation.
You can apply for a student loan on moneyview in just 4 steps, and fund your education on your terms. For more information, visit the moneyview website or download our app.