Top Features and Benefits of Personal Loans for Students

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Flexible Loan Amount

The loan amount is as flexible as your needs. Get loans from Rs.5,000 to Rs.10 Lakh, as per your eligibility and requirement

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Quick Eligibility Check

You can check your eligibility on our website or app in just 2 minutes

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Collateral Free Loans

Our personal loans are unsecured loans, which means you won’t need to pledge any collateral

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Affordable Interest Rates

Interest rates of moneyview loans start at just 1.33% per month

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100% Paperless

The entire process from application to disbursal is paperless, online, and hassle-free

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Flexible Repayment Term

You can choose a repayment tenure from the varied options that range from 6 months to 5 years

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Loans on Low Credit Score

You can get loans even with a CIBIL score or an Experian score of 650

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24 Hour Disbursal

Once the documents have been verified, and the loan agreement has been signed, the money will be credited to your bank account within 24 hours in most cases

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 -

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 - 

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 -

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

Penal charges on Overdue EMI

24% per annum plus applicable taxes, if any

NACH Bounce

Rs.500/- each time

How to Apply for An Instant Personal Loan

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Check Eligibility

Provide all the details required and check if you are eligible for a loan in just 2 minutes. You can do this on our website or by downloading our app.

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Select Loan Tenure

Based on the options provided, you can select the loan amount and repayment term of your choice.

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Upload Documents

Upload all the necessary documents for verification.

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Amount Disbursed

Once your documents have been verified, and you have submitted the loan agreement, the loan amount will be credited to your account within 24 hours.

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Conclusion

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.

Student Loans Related FAQs

Yes, anyone can avail personal loans from moneyview as long as they meet the eligibility criteria

No, an education loan is not the same as a personal loan for students. 

An education loan can only be taken for the sole purpose of funding a degree or a course. Whereas a personal loan can be taken by anyone for a variety of reasons, including a student to fund their education.

Yes, our repayment tenures are varied and flexible. You can choose tenures from 6 months to 5 years depending on the options available and your convenience. 

After searching for ‘how to get a student loan’, the first thing that everyone worries about is how much time will the processing take. 

At moneyview, you can get instant student personal loans. Once your documents are verified and the loan agreement has been signed, the money gets credited in your bank account within 24 hours in most cases. 

If you are applying for a loan at moneyview, all you need to do is upload the necessary documents. The application process here is completely paperless. 

If you are a student who also has a business or a job, you can avail a personal loan for your educational needs from moneyview. In this case, you won’t need help from your parents or guardian.

But, if you do not have a source of income, you will need someone to take the loan on your behalf. 

What works for one doesn’t work for another. Because borrowers cannot have the same repayment schedule, we allow them to choose their own. Depending on your eligibility, you can choose a tenure of up to 60 months.

Enter your mobile number on the moneyview website or on the app and you can find your eligibility in just 2 mins!

To get a 15,000 upees loan for students, you have to fulfill the following requirements.

  • Applicants must be aged between 21 years and 57 years
  • You should be salaried or self-employed with an in-hand income of ₹13,500 or more per month 
  • Borrowers must receive the income directly in their bank account
  • You must have a minimum CIBIL score or an Experian score of 650

Apply for an instant personal loan from moneyview if you want a 5,000 rupees loan for students in 3 easy steps.

  • Check your eligibility
  • Select your loan amount and tenure
  • Upload necessary documents

Once your loan agreement is signed, your loan will be disbursed to your bank account in just 24 hours. 

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