Why Avail Moneyview Personal Loan for Professional Courses
High Amount
Avail any loan amount from Rs. 5000 to Rs. 10 lakhs instantly
Instant Disbursal
Our personal loan is disbursed to your bank account within 24 business hours after the approval
No Collateral Required
There is no need for a guarantor or collateral to avail this loan
Affordable Interest Rates
We understand how important interest rates are as they determine the EMI amount to be paid. At Moneyview, the interest rate starts at just 1.33% per month
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 -
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Avail a Secured Loan
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.
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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.
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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 -
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The borrower must be aged between 21 years and 57 years
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Applicant must be either salaried or self-employed
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He/she must earn an in-hand income of ₹13,500 or more monthly
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The borrower’s income should be received directly in a bank
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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-
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Your PAN number
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A mobile number is linked to your Aadhaar card for KYC verification
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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 -
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Fees & Charges |
Amount Chargeable |
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Interest Rate |
Starting from 1.33% per month (16% Annually*) |
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Loan Processing Charges |
Starting from 2% of the approved loan |
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Penal charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
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NACH Bounce |
Rs.500/- each time |
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Loan Cancellation |
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How to Apply for An Instant Personal Loan for Professional Courses
Check Eligibility
Visit the Moneyview website or loan app. Provide the required details and we will let you know your eligibility in 2 minutes.
Select Loan Tenure
Based on the options provided, select the loan amount and repayment term of your choice
Upload Documents
Upload all of the necessary documents online for verification
Amount Disbursed
Post verification and submission of loan agreement, the loan amount will be credited to your account within 24 hours
Conclusion
So, the next time you are looking to upgrade your skill sets to make a big leap towards your career progression, do not let the lack of funds be a hindrance. Apply for an easy personal loan from Moneyview. Visit our website or download the loan app and apply today.
Frequently Asked Questions (FAQs)
Yes, we allow students to avail personal loans from Moneyview as long as they meet the required eligibility criteria such as age and income requirements
We require a minimum CIBIL score of 650 or an Experian score of 650 for processing your loan application.
Currently we only provide loans to those individuals who receive their salary via bank transfer – directly from their employer. We will not be able to give loans to applicants who get their salaries in cash.
Yes. When you borrow money from Moneyview, your credit report will be checked. We only start the credit inquiry, after you submit the loan application.
Yes. Your credit score will reduce drastically if you are late or miss a repayment.
The minimum loan tenure is 6 months and the maximum is 60 months. You can choose the tenure that is most suitable to your needs.