These days the qualifications and the skills needed to keep up with a career are ever-changing and need frequent up-gradation. Accordingly, there are many short term courses available in the market today.
The cost of these courses can range anywhere from a few thousand rupees to a few lakhs. It might not be possible to spend that kind of amount each time you are looking to upgrade your skills. Therefore, borrowing may be the best option available.
Education Loan for Professional Courses in India
Some of the options that you could consider for this purpose are -
This option works well if you have an asset which could be pledged to avail a personal loan. It could be anything from a fixed deposit, stocks, shares, gold, mutual funds or even a moneyback insurance policy.
Paying the Amount from your Credit Card
You could also use your credit card to make the payment for your fee towards a professional career development course. However, your credit card needs to have a sufficient credit limit and you will have to repay the amount on time or attract very heavy interest charges.
Going for an Instant Personal loan
A personal loan like the one from moneyview can take the place of an education loan for professional courses as these loans are easy to avail and do not carry any fixed condition for use of the loan.
Eligibility Criteria For moneyview Personal Loan For Professional Courses
Professional courses require large sums of money. moneyview has set basic eligibility criteria to fulfill your needs as a borrower.
If you meet the eligibility criteria given below, you can easily avail an education loan for professional courses in india.
The eligibility criteria is -
The borrower must be aged between 21 years and 57 years
Applicant must be either salaried or self-employed
He/she must earn an in-hand income of ₹13,500 or more monthly
The borrower’s income should be received directly in a bank
A minimum CIBIL score or Experian score of 650 is necessary
Documents Required For moneyview Personal Loan for Professional Courses
We at moneyview are aware of the value of simple documentation. This is why, we only require the crucial documents listed below-
Your PAN number
A mobile number is linked to your Aadhaar card for KYC verification
A clear selfie taken in a well-lit area
However, based on your profile, we might require additional supporting documentation. moneyview may ask for proof of address, bank statement, and other relevant documents.
Fees and Charges For moneyview Personal Loan For Professional Courses
Every loan applicant wants to avail a loan that is most affordable. Our fees and charges are -