From students to working professionals, a laptop is an essential gadget to possess. However, laptops can get quite expensive. But thanks to instant laptop loans, you don’t have to wait or worry about finances to buy one for your own needs.

Money View Laptop Loans

One of the most trusted loan providers in the country, Money View offers instant personal loans that can be availed from the comfort of your home. Whether it is to fund a vacation, purchase a two-wheeler or even buy a laptop, Money View personal loans are definitely one of the best options to avail.

A personal loan is perfect to purchase a laptop as it is easy to avail and can be used for any purpose as decided by you. A personal laptop loan can be used for the following purposes -

  • To buy a new laptop for work or studies

  • To upgrade your old laptop

  • To fund repairs for your existing laptop

How to Apply for Laptop Loans

Once you have fulfilled the eligibility criteria and have all the required documents, follow the steps given below to avail Money View personal loans to buy a laptop-

  1. Check Your Eligibility
    Visit the Money View website or download the app and provide all the details required. We will then let you know your eligibility in just 2 minutes

  2. Select Your Loan Plan
    Depending on your eligibility, you will have to select the loan amount and repayment term of your choice

  3. Provide Required Documents
    Easily upload all of the necessary documents online for verification - completely digital and hassle-free

  4. Instant Loan Disbursal
    After all your documents are verified and your application is approved, the loan amount will be sent to your account within 24 hours

Note -

  • Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us

  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.

  • On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly.

Why Should you Opt for Money View Laptop Loans

Money View offers unique features and benefits as given below -

  • 24 Hour Disbursement

Once your loan application is approved, your loan amount will be sent to you within just 24 hours

  • 100% Paperless

Enjoy a complete online process, right from application to loan disbursal

  • Minimal Documentation

We ask for just 3 documents - ID proof, address proof, and income proof 

  • Flexibility of Loan Amount and Repayment Term

Choose a loan amount of up to Rs. 5 lakhs and repayment term of up to 60 months based on your eligibility

  • Instant Eligibility Check

Check your eligibility from the Money View website or the app within just 2 minutes

  • No Collateral or Guarantor

There is no need for a guarantor or collateral to get Money View personal loans making it easier to avail a personal loan quickly

  • Loans with Low Credit Score

Even if your credit score is low, thanks to Money View’s unique credit rating model, you can still avail a personal loan in Mysuru from us

Eligibility Criteria for Money View Laptop Loans

Here is our simple eligibility criteria to get a personal loan to buy a laptop -

  • Applicants must be between 21 years and 57 years

  • Applicants must receive an income of Rs. 13,500 or more*

  • Income must be credited directly to the applicants’ bank account

  • Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

Given below is a city-wise breakdown of the income and credit score requirement -

Income and Credit Score Eligibility Criteria*


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 Individuals

Rs. 15,000

Any

CIBIL Score of 600 /Experian Score of 650 and above

Documents Required For Laptop Loans from Money View

Here are the list of three documents that we require from you -

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

  • Aadhaar Card

  • Valid Indian Passport

  • Valid Voter ID

  • Valid Driver’s License

Any 1 of the following - 

  • Aadhaar Card

  • Valid Indian Passport

  • Valid Voter ID

  • Valid Driver’s License

  • Utility Bills (Electricity, Water, Gas) dated within the last 60 days

Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits


OR


Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed

Fees and Charges for Money View Laptop Loans

Money View personal loans are provided at competitive rates as given below -

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

Loan Cancellation

  • No additional charges levied

  • Processing fees will also be retained.

Can Students Avail Laptop Loans from Money View?

As education turns more towards inquiry and research, for everyone right from high school students to those doing their doctorates, a laptop is a basic necessity. The cost of a laptop can range anywhere between Rs 15,000 - Rs 1,00,000 or above depending upon the features you are looking at, making it a high-ticket purchase.

If you have to fund it all out of your pocket, it may upset your monthly finance. While students who don’t have regular income cannot avail a laptop loan from Money View, their parents or guardians can definitely apply for one on their behalf.

In Conclusion

Thanks to Money View personal loans, you will no longer have to travel to banks or submit physical copies of documents. You can now avail a laptop loan easily from the comfort of your home within 24 hours and with minimal documentation. 

So what are you waiting for? Visit the Money View website or download the app and apply now.