MoneyTap is India’s first credit line app, offered in partnership with leading banks. MoneyTap's Personal Loan 2.0 offers you instant cash on demand with zero collateral for full-time salaried professionals (salary >₹20k per month) and self-employed professionals like doctors, lawyers, shop owners, business owners etc. With a growing community of happy MoneyTap customers, we've been featured in many leading newspapers.
CNBC - http://bit.ly/2cUDesJ
Times of India - http://bit.ly/2d5qoG3
The Economic Times - http://bit.ly/2cMRMsQ
The Hindu Business Line- http://bit.ly/2cXEIyk
Any salaried or self-employed professional (lawyers, doctors, shop or business owners etc) who is 23 years of age and above, earns a minimum of ₹20,000 per month and is a resident of Bangalore, Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon, Hyderabad, Secunderabad, Mumbai, Navi Mumbai, Thane, Chennai, Coimbatore,
Mohali, Panchkula, Ahmedabad, Gandhinagar, Vadodara, Anand, Jaipur, Chandigarh, Vijayawada, Vizag, Indore, Pune, Surat or Rajkot can apply on MoneyTap.
MoneyTap Credit Line Highlights:
● 4 Mins application, 4 documents & 5 seconds decision - No bank visits or phone calls required
● Instant eligibility; Real-time credit evaluation
● Instant approval of up to ₹5,00,000
● Withdraw as low as ₹3000
● No Usage, No Interest
● No collateral, no guarantors
● Credit limit available for the lifetime
● Interest rates vary from 1.08% -1.5% per month, no hidden charges
● Get a MoneyTap credit card (loaded with rewards and other benefits)
● Pay your monthly MoneyTap credit bill right from your app
● Set your card PIN right from your app
● One tap to convert to EMIs
● Choose your own EMI terms, 2 months - 3 years
● One tap to transfer money to your account instantly, 24x7
● Keep track of your transactions, EMIs and available credit right from the app
Security & Protection of Privacy
Protection of your privacy and your data security is our primary concern. Our backend APIs comply with mandated security standards and robust protocols. Our security measures have been tested and certified by our partner bank’s IT team. Your credentials are only used to retrieve your bank statements for verification. Alternatively, you can also upload a PDF of your bank statements which is eco-friendly and time-saving.
Bonus features - Credit Card
1. 100% cash withdrawal on the card - First & only company in India to provide this feature
2. Interest rate as low as 1.25% pm
3. 45-day interest-free period
4. 2000 reward points on first swipe
5. Convert spends to EMIs with a single tap, choose from 2 months to 36 months, more power to you!
Flexible. On Tap. Transparent. Money as you like it!
How does MoneyTap work?
To apply for your credit limit with the MoneyTap app, all you need is 4 minutes of your time, and the documents listed below:
1. PAN card number
2. A functional work email ID
3. Net banking credentials/bank account statements
4. Aadhaar card (optional)
Apply for a credit line on the app & we’ll let you know the amount you are eligible for. After your application submission, we'll schedule a KYC visit from our registered banking partners and in a few days, your approved credit limit will be ready to use.
Use the money as cash right from the app or via the MoneyTap card (that will be sent to you) like any other credit card.
How MoneyTap can help you:
● Use it as an education loan, medical loan, wedding loan, pay your rental deposit and other bills
● Tide over cash crunch towards month end by taking small credit as low as Rs. 3000/-
● Buy home appliances, furniture and electronics by using your credit card and get reward points!
● Shopping & other expenses through the credit card will give additional benefits
● Use it as a travel loan for vacations or pay for unexpected travel expenses
● Lend to friends/family
● Start a business
Happy Money Tapping!