**Best loan app where you pay interest only on the withdrawn amount.**
We are Indias first credit line based instant loan app in partnership with leading banks and NBFCs. Get an instant personal loan online with zero collateral and interest rates starting from as low as 13-24.3% pa for 2 to 36 months duration. We offer you the benefits of an easy personal loan and credit card combined. Borrow any amount starting from 3000 to 5 Lakh and transfer the amount directly to your bank account.
Awarded the Best Innovative Lending Product/Service by IAMAI
Included in INC42's 50 most innovative startups of 2018 list
How is MoneyTap different from any other traditional Indian personal loan app?
Our credit line gives you an instant loan online in a 100% paperless process, no bank visit.
Once your credit line is disbursed by us, you can use any amount from your available credit line
Shop on 0% EMI for 3 months on Amazon.in*
But wait, there's more!
You pay interest only on borrowed amount, no interest on the unused amount.
2-36 months flexible EMI tenures
A collateral-free personal loan app
Consider it as an early salary loan online
The fastest bank loan you can get online
Help friends or family with an emergency cash
Our service is currently available in 40+ cities:
Delhi, NCR (Delhi, New Delhi, Noida, Greater Noida, Faridabad, Ghaziabad, Gurgaon)
Mumbai (Mumbai, Navi Mumbai, Thane), Pune, Kolhapur, Nagpur, Nashik
Hyderabad & Secunderabad
Ahmedabad, Vadodara, Anand, Rajkot, Surat, Bharuch
Chennai, Coimbatore, Salem, Erode
Chandigarh, Mohali, Panchkula, Ambala
Visakhapatnam (Vizag), Vijayawada(Expanding soon!)
How does MoneyTap work?
Get an instant loan in simple steps:
Apply on the app and get approved in 4 minutes, create your profile, upload docs, check your eligibility and DONE!
Instantly find out your pre-approved amount
Only PAN card number required
Complete KYC verification after finishing your online application.
MoneyTap Personal Loan Uses
Phone se loan - use it as an urgent personal loan, education, medical, wedding, home renovation, mobile, used car, bike or two-wheeler loan, travel expenses, pay your rental deposit or loan to friends and other monthly bills
Buy home appliances, furniture, and electronics by transferring money from one of the fastest instant cash loan online
Minimum salary: in-hand salary of 20,000/month
Minimum age: 23 years or above and below 55 yrs
Identity proof (Driving license/Voter id/Passport/Aadhar/PAN)
Address proof (Driving license/Voter id/Passport/Aadhar/Utility bills/bank statements)
Original passport photo/selfie
You can get an instant personal loan online on Aadhaar card. E-sign your application with registered mobile OTP for fast-track application.
Upon completion, your approved credit limit will be ready to use as quick personal loan anytime.
For 1,00,000/- borrowed, with interest rate @ 13% per annum, a user would pay:
-> Processing fee = 499 + GST = 588/- (Line setup fee to be paid before starting the credit line)
->Interest = 13000
= Total amount to be repaid after a year= 1,13,588/-
* Interest Rate varies
Bonus: MoneyTap credit line credit card for RBL approved customers
100% cash withdrawal from your credit card online
50-days interest-free period
Security & Protection of Privacy
Data security & privacy is a top priority at MoneyTap. Our backend APIs comply with mandated security standards and robust protocols which have been tested and certified by our partner banks IT team.
Download our personal loan app now & happy Money Tapping!