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.
One of the most trusted loan providers in the country, Moneyview 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, Moneyview 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
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 and 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/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/Experian Score of 650 and above |
|
|
Rs 15,000 |
Metro City other than Mumbai and NCR |
CIBIL Score /Experian Score of 650 and above |
|
|
Self-Employed Individuals |
Rs. 15,000 |
Any |
CIBIL Score/Experian Score of 650 and above |
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
|
Any 1 of the following -
|
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 |
Moneyview 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 |
|
Penal charges on Overdue EMI |
24% per annum plus applicable taxes, if any |
|
NACH Bounce |
Rs.500/- each time |
|
Loan Cancellation |
|
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 Moneyview, their parents or guardians can definitely apply for one on their behalf.
Your monthly EMI is
per month for 5 months
Total Interest
₹1,004
Total Amount
₹51,004
Loan Amount
Min ₹10
Max ₹25,000
Rate of Interest
Min 5%
Max 25%
Loan Tenure
Min 3 months
Max 72 months
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