LoanTap: Instant Personal Loan

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About this app

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%

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:

Terms & Conditions
LoanTap provides loans through its own NBFC, LoanTap Credit Products Private Limited, which is registered with the RBI. Visit

Contact Information
● Contact Number:- +91-7888040000
● Official Mail ID:-
● Official Website:-
● Registered & Corporate Office Address:- Hermes Waves, Office No-103, Central Avenue Road Kalyani Nagar, Pune:411006

- Team LoanTap
Updated on
Apr 30, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info and Financial info
This app may collect these data types
Personal info, Financial info and 3 others
Data is encrypted in transit
You can request that data be deleted