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LoanTap - Quick, Flexible Personal Loan App

Avail flexible personal loans from LoanTap & lower your monthly instalment up to 40% LoanTap offers cust...

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Store review

Avail flexible personal loans from LoanTap & lower your monthly instalment up to 40%

LoanTap offers customised personal loans for tenures between 3 months to 5 Years. Our loans are both short term and long term with a minimum repayment period of 6 months (for long term loans) post which foreclosure can be done without any additional charges. At LoanTap, we give loans between Rs 50,000 to Rs 10,00,000. Our Interest Rates start from 18% and go up to 30% per annum depending upon products, personal circumstances, credit assessment procedures and other related factors. We charge processing fees at 2%+ applicable taxes; on the gross loan amount sanctioned.



Example - For a loan of Rs.1,00,000 & tenure of 60 months, interest applicable is 18% per annum, one is accountable to pay 'only interest' of Rs.1500 for first five months, and the bullet amount of Rs.10,000 + interest would be payable the sixth month. The bullet payment of Rs.10,000 will reduce the principal outstanding thus, interest will be calculated on Rs.90,000 from the following month, further reducing the interest outgo towards the loan.


Reasons to download the LoanTap App:

8 reasons why should you choose LoanTap over any other lending app:

1. Lower instalments
2. Fastest turnaround time
3. Flexible repayment plan
4. No foreclosure charges #
5. Higher Loan amount
6. Higher Loan Tenure
7. Minimum documentation
8. One app for all kinds of personal loans

Even if you are a first-time loan applicant, you do not have to worry about applying at LoanTap. We use latest technology and proprietary algorithm that helps us assess your credit profile faster and thereby, disburse loan quickly.

How LoanTap App simplifies Your Loan Application Process:

1. Easy registration
2. Easy upload of documents
3. Trusted customer support


Eligibility Criteria for Loan Application:

Salaried Professional with monthly income more than Rs 30,000
Individuals working in Private/Government Organisations


LoanTap is a leading online lending platform that uses proprietary algorithm to assess credit profile of the loan seeker and leverages latest and robust technology to process loans quickly.


One App Multiple Loan Solutions:
We have designed flexible loan products that are best suited to various life stage requirements. We provide a hassle-free experience from application to disbursal to meet our customers’ expectations. We are a FinTech that understand your dreams and encourage you to fulfil them with good financial stability.

LoanTap offers unique Credit products such as EMI Free Loan, Personal Overdraft Loan, Advance Salary Loan, Personal Loan, Wedding Loan, Holiday Loan, Credit Card Takeover Loan, Premium Bike Loan, Rental Deposit Loan, House Owner Loan, Being Human E-cycle Loan.

LoanTap’s EMI Free Loan has won “ET Now presents BFSI Most Innovative FinTech product” for the Year, 2019


Cities of Operation:
LoanTap is operational in the following cities:


Ahmedabad
Bangalore
Bhopal
Chandigarh
Chennai
Coimbatore
Delhi NCR
Hyderabad
Indore
Jaipur
Mumbai
Pune
Raipur
Vadodara

To apply for Loan instantly via message – http://bit.ly/374V5Wt


LoanTap has been featured in top channel and publications viz., AajTak, Zee Business, ET & ET Tech, Money control, Business Today, The Week, etc.

Security and Privacy Policy:
We have highly secured & encrypted system to ensure safety of information shared by our customers. To read our privacy policy click here: https://loantap.in/privacy-security-old

Terms and Conditions:
LoanTap offers loan from its in-house RBI registered NBFC, LoanTap Credit Products Private Limited. For more terms and conditions, click at https://loantap.in/terms-of-use/
Please do reach out/write to us on info@loantap.in or call at +91 788 804 0000 for any other information.

LoanTap continuously strives to provide a seamless experience to all customers.

*: subject to credit checks
#: subject to conditions

Store rating

2

out of

1326 reviews

Last update

April 8, 2020

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