Personal Loan For Government Employees Without Collateral | MoneyTap
MoneyTap Blog
Home » Personal Loan for Government Employees

Personal Loan for Government Employees

Being a government employee gives you job security, but might not allow for a financial bandwidth to deal with emergencies. MoneyTap’s personal loan for government employees can resolve your sudden financial woes.

Unexpected Emergency Situations Where MoneyTap Personal Loan 2.0 Can Help

Being a salaried person, every rupee you earn is budgeted for, which leaves you with little or no liquid cash to take care of an emergency that can strike anytime. That’s why you should consider applying for personal loans for government employees that allow you to borrow money as per your needs without collateral.

Here are some unexpected situations you could use MoneyTap’s personal loan for government employees:

  • bill payment

    Bill payments:

    At the beginning of the month, everything looks rosy as you have your salary in your account. But as the days pass by, the funds deplete due to household expenses. And that’s when it strikes you that you are yet to make quite a few bill payments – mobile, DTH, EMIs, credit card, electricity, etc. These services have different due dates and the bills are generated depending on when the billing cycle is complete. Unfortunately, the due dates for these payments usually fall somewhere in the mid or towards the end of the month. By then, you would have already exhausted the funds and are left with no money to make these crucial payments. That’s where government personal loans can help.

  • house repairs

    Unexpected house repairs:

    A sudden leak in the roof, a crack in the wall, urgent need of furniture refurbishing – all of these household emergencies need urgent attention. Unfortunately, unexpected repairs are a fact of life and you’ll need a plan for how you’re going to pay for them without emptying your bank account. Home improvement loan is the answer.

  • medical emegency

    Unexpected medical emergencies:

    Life is unpredictable and medical emergencies are unpleasant. However, a personal loan can help you meet your financial needs when you or your loved one needs emergency medical treatment.

  • child education

    Child’s unexpected educational

    When you get your salary, you start budgeting and things go according to plan till you receive a note from school saying that you need to send your child for an educational tour to a place which is out of your budget. You are in a dilemma as every penny you have in your account is accounted for. A personal loan for government employees can help you generate the funds you need to pay for your child’s educational tour without distorting your household budget plan.

Other important or unavoidable situations:

The other occasions for which you might need a personal
loan are as follows:

family wedding




child education


career development

Career development

phone purchase

Purchase of phone/

Benefits of MoneyTap’s Personal Loan for Government Employees

Government employees can leverage the benefits of MoneyTap’s personal loan for government employees. Some of them include:

  • No guarantor or collateral required
  • Convenient documentation
  • Easy repayment options
  • Easy online application process
  • Instant approval of a personal credit line of up to ₹ 5 Lakh
  • Withdrawal of as low as ₹ 3,000 from the approved credit line
  • Interest is paid only on the amount withdrawn from the approved credit line

Download for

MoneyTap Personal Loan 2.0 – Eligibility Criteria for Government Employees

Government entities eligible for a personal loan are as follows:

central state government

Central and state

public sector

Public sector

educational institute




Eligibility criteria:

  • approval amounts

    Approval amount: From ₹ 35,000 up to ₹ 5 Lakh

  • min salary

    Minimum salary: In-hand salary as low as ₹ 20,000/month

  • min age

    Minimum age: Above 23 years and below 55 years

Document required:

  • aadhar

    Aadhar Card

  • aadhar

    Identity proof

    (Driving license/Voter ID/Passport/

  • home

    Address Proof

    (Driving license/Voter ID/Passport/Aadhar/
    Utility bills/Scheduled bank statements)

  • photo req

    Original photograph

Are you a government employee in urgent need of cash?