LoanTap is an instant personal loan app for working professionals.
Get a fast personal loan through LoanTap, ranging from ₹50,000 to ₹10,00,000. Experience minimal paperwork, no collateral requirements, and enjoy flexible repayment options.
Minimum salary of Rs. 30,000 is required to be eligible for a personal loan.
Our app is designed to provide you a smooth application experience. We then process the application quickly and disburse the loan amount. It is as simple as that.
Services we offer :
LoanTap is an instant loan app that provides a variety of services to its users. These services include:
● Personal Loan
● EMI Free Loan
● Rental Deposit Loan
● Home Renovation Loan
● Holiday Loan
● Marriage Loan
● Medical Loan
● Personal Overdraft Loan
● Electric Two-Wheeler Loan
● Working Capital Loan
LoanTap Advantages :
Customized Personal Loans: Instant offers, quick disbursal, and flexible options.
Secure Data Handling: Your information is encrypted and kept safe.
Instant Approval & Disbursal: Simple online process with funds in 24-36 hours.
User-Friendly: Easy, handy, and smooth client experience.
Transparent Process: No extra fees, hidden costs, with robust customer support.
Flexible Repayment: Accelerated repayment options available.
Minimal Documentation: Basic documents needed for all personal loan products.
Details Of Personal Loan :
Loan Tap provides personal loans ranging from INR 50,000 to INR 10,00,000 based on your requirement. Loan Tap offers 16% to 24% interest rates depending on the type of loan.
● Minimum Tenure : 12 months
● Maximum Tenure : 60 months
● Maximum Annual Percentage Rate (APR) : 29%
Example:
Loan Amount: ₹1,00,000
Tenure: 36 months
Interest Rate: @18%* (reducing basis)
EMI: ₹3,615
Total Interest Payable: ₹3,615 x 36 months - ₹1,00,000 Principal = ₹30,140
Processing fee (@ 2%) = ₹2,000 + GST = ₹2,360
Disbursed Amount: ₹1,00,000 - ₹2,360 = ₹97,640
Total Amount Payable: ₹3,615 x 36 months = ₹1,30,140
Total Cost of the Loan = Interest Amount + Processing Fees = ₹30,140 + ₹2,360 = ₹32,500
Eligibility and documentation :
● Individuals with a minimum monthly income of Rs. 30,000.
● Indian residents/citizens who are 21 years and above
● To apply for the loan applicants would need pan cards, salary slips (for the last 3 months), salary account bank statement (3/6 months) and address proof.
How To Apply :
● Download the LoanTap app via play store and app store
● Select the loan you want to apply for
● Submit all the required documents and complete the KYC
● Once approved, the funds will be disbursed to the bank account.
Cities where we operate :
● Ahmedabad
● Bangalore
● Bhopal
● Chandigarh
● Chennai
● Jaipur
● Coimbatore
● Delhi/NCR
● Hyderabad
● Howrah
● Indore
● Kolkata
● Lucknow
● Mumbai
● Navi Mumbai
● Nagpur
● Nashik
● Pune
● Raipur
● Vadodara
Security And Privacy Policy :
To guarantee the security of the information shared by our clients, we have a highly secure and encrypted system. To read our privacy policy click here:https://loantap.in/privacy-policy/
Terms & Conditions
LoanTap provides loans through its own NBFC, LoanTap Credit Products Private Limited, which is registered with the RBI. Visit https://loantap.in/terms-of-use/
Contact Information
● Contact Number:- +91-7888040000
● Official Mail ID:- info@loantap.in
● Official Website:- https://loantap.in/
● Registered & Corporate Office Address:- Hermes Waves, Office No-103, Central Avenue Road Kalyani Nagar, Pune:411006
- Team LoanTap