LoanTap

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