Features and Benefits of Personal Loans for Teachers


Flexible Loan Amount

Each person is different, and so are their requirements. At moneyview, you can get a loan from Rs. 5,000 to Rs. 5 Lakh, as per your eligibility.


24 Hour Disbursal

Most people opt for personal loans in some kind of emergency, and we, at moneyview, understand this. After your documents have been verified, your loan amount gets disbursed in your account within 24 hours.


Collateral Free Loans

If you are applying for a loan with moneyview, you don’t have to arrange for a guarantor or pledge any assets because this is an unsecured loan.


Affordable Interest Rates

The interest rate is what determines the EMI amount and the feasibility of the loan. At moneyview, interest rates start from as low as 1.33% per month.


Completely Paperless

The whole process of applying for a loan here will be paperless, right from the beginning to the end.


Flexible Repayment Term

Repayment tenures are varied and flexible, and you can choose the one that suits you the best. You can enjoy tenures up to 5 years.


Loans on Low Credit Score

The minimum score required is a CIBIL score of 600 or Experian score of 650.


Quick Eligibility Check

You can check your eligibility for a personal loan in just 2 minutes.

Teachers play a major role in shaping up society through the lives of young students. But apart from this great responsibility towards society, they also have duties towards their immediate families. 

It may so happen that they are suddenly in need of money to take care of some emergency. In such a scenario, teachers can turn to moneyview for a personal loan, with full confidence. 

Documents Required By Teachers to Apply for Personal Loan

A teacher may be employed in a school, college, university, or self-employed by teaching at private tuition centers. Keeping both in mind, here are the documents a teacher will need to apply for a personal loan at moneyview - 

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


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

Eligibility Criteria for Personal Loan

The eligibility criteria for a personal loan from moneyview is very broad and inclusive. Here is what makes a teacher eligible for a loan from moneyview - 

The income and credit score eligibility is mentioned in the table below - 

Income and Credit Score Eligibility Criteria

Salaried Individuals

Minimum In-Hand Income

Area of Residence

CIBIL Credit Score Requirement

Rs 13,500


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


CIBIL Score of 600 /Experian Score of 650 and above

Interest Rates and Charges of Personal Loan for Teachers

The interest rates and charges are extremely affordable and based on market rates. To know them in detail, you can refer to the table below - 

Fees and Charges

Amount Chargeable

Interest Rate

Starts from 1.33% per month

Loan Processing Charges

Varies from 2% to 8% of the approved loan amount. The processing fee is deducted upfront from the approved loan.

Interest on Overdue EMIs

2% per month on the overdue EMI/Principal loan amount.

Cheque Bounce

Rs.500/- each time.

Loan Cancellation

  • No additional/hidden charges levied.

  • Processing fees will also be retained.

Process of Getting a Loan for Teachers


Check Eligibility

The first step is to provide all the documents and find out if you are eligible for the loan. You can do this in 2 minutes.


Select Loan Tenure

You just need to select the loan amount and the repayment tenure according to your need.


Upload Documents

You have to upload the required documents so that they can be verified.


Amount Disbursed

After your documents are verified and you have submitted the loan agreement, the amount will be disbursed in your bank account within 24 hours.



Teachers can easily get personal loans as per their requirement within a short period of time. With moneyview, they can also enjoy a hassle free and paperless loan application process. No matter what the emergency is, moneyview is there to stand by your side with its fast personal loan solutions.

You can find out more about moneyview personal loans on our website, or on our app.

Personal Loan for Teachers - FAQs

Yes, teachers can very easily get personal loans from moneyview.

If you are applying for a personal loan from moneyview, your loan will be processed in a fast and hassle-free manner. Once your documents have been verified, your loan amount will be credited to your bank account within 24 hours, in most cases.


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