A good education can be a pathway to a worthy career. It is very common for students to proceed for higher studies after their graduation or even after working for some years. The cost of education has gone through the roof over time making it difficult for students to pursue higher education without external financial aid like loans.
Student loans are available easily subject to income and other conditions. However, many a time, it is possible that you may fall short of the amount due to reasons like revision in fee, fluctuating exchange rate, or even to meet living expenses. Or there may be situations when you do not want to go through the entire process of applying for a student loan.
For all these reasons and many more we bring to you Instant Student Personal Loans from Money View.
To apply for a Personal Loan from MoneyView, a student or guardians will have to meet the eligibility criteria stipulated by us. They are
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 a Personal Loan against their name and use the proceeds to fund your education.
This is an added benefit of our personal loan. It could be used for any purpose as decided by you, unlike a student loan, which has to be used for the purpose of education only.
There is more than one reason why you should apply for a student personal loan from MoneyView. Our instant personal loan brings in a whole lot of features and benefits. Read on to know more!
Loans are very often equated with an extensive list of documents. For our easy personal loans, we have minimum requirements in terms of documentation. Once your eligibility check is through, keep handy soft copies of your
Read on to know what we accept as proof in each of these categories:
One of these original, valid documents with your Date of Birth (dd/mm/yyyy format) can be submitted as proof of your identity:
One of these original, valid documents showing your current address pin code can be submitted as proof of your address:
We understand that you could be a salaried employee or be self-employed. The proof of income we need varies based on your employment details.
As easy is our process and documentation so are our interest rates and other charges. Our loans are lent on highly competitive interest rates and processing fees so that it doesn’t burn a hole in your pocket.
Sounds too good to be true? Find out for yourself!
| Fees & Charges | Amount to be Paid |
|---|---|
| Interest Rate | Starting from 1.33% per month |
| Loan Processing Fee | 2.5% - 6% of the approved amount |
| Part/Full Payment of the Loan (Loan Foreclosure) |
|
| Interest on Overdue EMIs | 2% per month on the overdue EMI/Principal loan amount |
| Cheque Bounce | Rs.500/- for every bounce |
| Loan Cancellation | No additional charges will be levied apart from the interest amount for the period between loan disbursement and loan cancellation. Processing fees will also be retained. |
