Funding your higher education does not have to be an expensive affair anymore. Money View's personal loans for students are affordable, hassle-free, and require minimal documentation.
Here are some important features and benefits of Money View’s personal loan for students -
Flexibility Loan Amount
Choose any loan amount starting 5,000 up to Rs. 5 lakhs
Borrowers can choose repayment tenure starting 3 months up to 60 months
The entire process from application to disbursal is paperless, online, and hassle-free
All you need to submit are three documents - ID proof, address proof, and income proof
24 Hour Disbursement
Your loan will be credited within a day after your loan application has been approved
Loans with Low Credit Score
Thanks to Money View’s unique credit rating model, even if you have a relatively low credit score, you can get a loan*
Unfortunately, we do not lend to students with no income. However, your parents, guardians or siblings who have a regular income /salary can apply for an instant personal loan from Money View against their name and use the amount to fund your education.
One of the biggest advantages of a personal loan is its versatility. You get to decide the purpose and if funding one’s education is what you have in mind, be it yours or someone else’s, Money View’s personal loans can help fulfill this.
The eligibility criteria for a personal loan for students from Money View is simple and transparent -
Check your eligibility
Provide all the details required and we will let you know your eligibility in just 2 minutes
Select your loan plan
Based on the options given, you will have to select the loan amount and repayment term of your choice
Provide required documents
Easily upload all of the necessary documents online for verification
Instant Loan Disbursal
After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours
Given below are our minimal documentary requirements -
|Identity Proof||Address Proof||Income Proof|
PAN Card - This is the primary ID proof required. However, if it is rejected due to image quality issues or other
reasons, any 1 of the officially valid documents given below will suffice
Any 1 of the following -
Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits
Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed
Money View provides instant loans for students at competitive rates. Take a look at the table below to know more -
|Fees and Charges||Amount Chargeable|
|Interest Rate||Starting from 1.33% per month|
|Loan Processing Charges||Between 2% to 8% of the approved loan amount|
|Interest on Overdue EMIs||2% per month on the overdue EMI/Principal loan amount|
|Cheque Bounce||Rs.500/- each time|
Availing a personal loan for students is now quick and hassle-free thanks to Money View’s personal loans. You can avail loans at competitive interest rates and repay them at convenient terms. It is said that knowledge is power and if you wish to fund your education or someone else’s visit the Money View website or download our app and apply today.
Yes, we allow students to avail personal loans from Money View as long as they meet the required eligibility criteria.
You can avail a personal loan for an amount ranging from Rs. 5,000 to Rs. 5,00,000 from Money View. However, the amount you wish to avail will depend on your eligibility and credit score.
We understand that one size doesn’t fit all, therefore we allow our borrowers to choose a repayment schedule of their choice. You can choose a tenure of upto 60 months based on your eligibility.
We understand your frustration. Therefore, we offer instant student personal loans which take just about 2 minutes for eligibility check and 24 hours post-approval for disbursement of the loan.
To process loans at Money View, we do not require any hard copies or photocopies of your documents. All you need to do is upload approved copies of your Identity, Address and Income Proof.
Yes you can still avail a personal loan from Money View. Our table below illustrates the city-wise breakdown of income and credit score requirement -
|Salaried Individuals||Minimum In-Hand Income||Area of Residence||CIBIL Credit Score Requirement|
|Rs 13,500||Any||CIBIL Score of 600 /Experian Score of 650 and above|
|Rs 20,000||Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.)||New to Credit or CIBIL Score of 600 /Experian Score of 650 and above|
|Rs 15,000||Metro City other than Mumbai and NCR||CIBIL Score of 600 /Experian Score of 650 and above|
|Self-Employed Individu||Rs. 15,000||Any||CIBIL Score of 600 /Experian Score of 650 and above|