From students to working professionals, a laptop is an essential gadget to possess in this modern day. With superior features and speed of processing, laptops can get quite expensive. Buying a laptop may require you to save up for many months/years. However, with the availability of easy laptop loans, you wouldn’t need to wait to have one of your own for long.
Personal Loan for Laptop
A personal loan works fine as a loan for a laptop purchase as it is easy to avail and can be used for any purpose as decided by you. A personal loan can be used for the purchase of a laptop in all of the following conditions.
- To buy a new laptop for work or studies
- To upgrade your old laptop
- To fund repairs for your existing laptop
Laptop Loan for Students
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 15000 - Rs 100000 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. A laptop loan for students can be availed by their parents easily and the same can be repaid in easy installments over the tenure of the loan.
Features of Laptop Loan from Money View
Money View offers instant, online loans which can be used for the purchase of a laptop of your choice. Some of the features personal and benefits that make Money View loans the best in the market are:
- Quick Availability:
One of the most important features of our loan is that it is disbursed in the shortest time frame of 2 business hours from the time of approval. This makes it particularly useful when your need for a laptop is immediate.
- Flexibility in choosing the amount and tenure:
Money View instant personal loans for laptops are available in any amount between Rs 10000 to Rs 500000 and for any tenure till 5 years. So, you can choose the amount and the tenure according to your other financial commitments.
- Benefit from an entirely digital process:
The entire process of availing a loan can be done on your phone or a laptop, thereby saving you the hassles of submitting hard copies of documents or visiting the branches of banks to avail a loan to purchase a laptop.
- Available even for those with low credit scores:
Personal loans have a requirement of high credit scores of 750 or above as these are unsecured loans. However, Money View loans come at a low credit score of 650 or above on the CIBIL score and 750 or above on the Experian scale. So even with a lower credit score, you can still avail of an easy laptop loan.
- It doesn’t need collateral:
This is one of those loans which can be readily availed without the necessity of furnishing any kind of collateral.
Interest and Other Charges on a Money View Laptop Loan
A laptop is a big-ticket purchase. Hence availing a high-interest loan or a loan on higher rates of processing fee would burn a big hole in your pocket. Therefore, Money View brings you personal loans at very competitive rates and charges which are in line with the best rates in the market.
|Fees and Charges||Amount to be Paid|
|Interest Rate||Starting from 1.33% per month|
|Loan Processing Charges||Starting from 2.5% and going up to 6% of the approved loan amount|
|Part/Full Payment of the Loan (Loan Foreclosure)||
|Interest on Overdue EMIs||2% per month on the overdue EMI/Principal loan amount|
|Cheque Bounce||Rs.500/- for every bounce|
|Loan Cancellation||No additional charges will be levied apart from the interest amount for the period between loan disbursement and loan cancellation. Processing fees will also be retained.|
Are you looking for an easy and quick laptop loan? Apply to MoneyView Personal Loan for Laptop today and see the amount disbursed to your account in 24hrs of you getting an approval on your loan. Download our loan app now.
Please write to us at email@example.com or call us at 080-4569 2002 if you have more queries or need any assistance in applying to our loan.