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, 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
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-
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
Select Your Loan Plan
Depending on your eligibility, you will have to select the loan amount and repayment term of your choice
Provide Required Documents
Easily upload all of the necessary documents online for verification - completely digital and hassle-free
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.
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
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 |
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 |
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 |
|
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.
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.
