Loan app for salaried employees in India - Minimum salary = ₹30,000 per month.

MoneyTap - Personal Loan & Credit Line App

MoneyTap - Personal Loan & Credit Line App

3.7.8 This app developed by MoneyTap - Asia's 1st Credit Line App

4.1

Best Instant Personal Loan App in India - Get Instant approval for a credit line of up to ₹5,00,000 & pay interest only on the amount you withdraw from your MoneyTap balance.


✅ Salaried employees only. Minimum salary = ₹30,000 per month.

Interest rates starting from as low as 13% per annum* for 3 to 36 months. Interest payable on the exact loan amount used from your approved credit line.

We aim to provide better services than Indian banks and the flexibility of getting a credit line that can be used as an early salary.

What features make MoneyTap the best instant personal loan app in India?


● Borrow any amount/sum of money (starting at ₹3000) from your approved Credit Line (of up to ₹5 Lakh)
● Pay interest only on the amount you use
● Instant personal loan without any risk
● Make UPI transactions from your credit line
● Fully digital, paperless experience
● Select your own flexible EMIs & pay later
● Simple app for money credit & quicker than any Indian bank

How is MoneyTap online instant personal loan app different from any other bank loan in India?


MoneyTap credit line is better than a traditional bank loan. You are charged interest only for the amount you borrow.
For example: Ajay applies for a MoneyTap Instant Personal Loan (credit line) in January, gets an approved credit line of ₹5,00,000 but doesn’t borrow any money from the approved line for the next 5 months.
In May, he withdrew ₹50,000 from his credit limit to pay for a house deposit. Now, the interest will only be charged on ₹50,000. Ajay still has access to ₹4,50,000 whenever he has another emergency without paying any interest on it until he withdraws any amount.

Fees


For ₹1,00,000 personal loan borrowed for 1 year, with interest rate @13% per annum*, a user would pay:
> Processing fee (@ 2%) = ₹2,000 + GST = ₹2,360
> (Line setup fee of ₹499+GST = ₹588/- to be paid before starting the credit line)
> Interest = ₹7,181
> EMI = ₹8,932
Total amount to pay later after a year = ₹1,10,129/-
*Interest Rate varies based on your risk profile
The maximum Annual Interest Rate can go up to 36% (However, only a fraction of our customers get an interest rate higher than 30% per annum)

Documents required


● Aadhaar number
● Identity proof (Driving licence/Voter ID/Passport/Aadhaar/PAN)
● Address proof (Driving licence/Voter ID/Passport/Aadhaar/Utility bills/bank statements)
● Original passport photo/selfie
● You can get a personal loan online on your Aadhaar card. E-sign your application with registered mobile OTP for fast-tracked application

We are India’s first credit line based instant personal loan app. We have partnered with regulated financial institutions in India, governed by RBI, & leading Indian banks and NBFCs. We own a NBFC licence as well. So, we're well regulated and legally compliant.

How does MoneyTap work?


Get an instant personal loan in 3 simple steps:
● Simply log on to the MoneyTap credit line app, enter information such as age, city, PAN, and income, and check your eligibility
● Complete KYC verification, submit documents online
● Transfer money to the bank account from the approved amount


Available in 60+ cities.

MoneyTap Personal Loan Application Uses


● Phone pe loan - use it as an urgent online personal loan or as an advance salary
● Personal loans can be used for education, medical, marriage/ wedding, home renovation, mobile loan/ laptop, used car/ two wheeler, etc.
● Use money with zest as your lazy pay, credit card, or cash
● The experience of an early salary loan app for emergency cash
● Whenever you need money view us the perfect solution
Bonus: MoneyTap RBL credit card 💳
● 100% cash withdrawal from your credit card online
● 50-days interest-free period

Security & Protection of Privacy


Our backend APIs comply with mandated security standards & robust protocols which have been tested and certified by our partner bank’s IT team.

Download now ❤️

WHAT'S NEW :

- Improved signUp experience
- Improved qualification experience


More Information

Package Name
com.mycash.moneytap.app
Installations
10000000
Reviews
4.1
Category
Finance
Available on
Google play
Update Date
August 27, 2021
Size file
36M
Latest Version
3.7.8
Code latest Version
3.7.8
Email : [email protected]

Download MoneyTap - Personal Loan & Credit Line App APK | Download on the PC (Windows) & Mac · Latest Version

Apps · Latest Update

Qatar Airways
Qatar Airways
By Qatar Airways · Travel & Local
4.6 1 M+
IndianOil ONE
IndianOil ONE
By Indian Oil Corporation Ltd · Business
4.4 5 M+
Uang Bijak – KTA Dana Tunai Online
Uang Bijak – KTA Dana Tunai Online
By KSP INDONESIA MERDEKA · Finance
4.4 100 K+
pos
pos
By mycodlabs · Business
4.5 50 K+
Security camera for smartphones, Lexis Cam
Security camera for smartphones, Lexis Cam
By pamsys · House & Home
4.1 100 K+
Neutron Music Player (Eval)
Neutron Music Player (Eval)
By Neutron Code Limited · Music & Audio
4.0 1 M+
3D Logo Maker - Logo Creator
3D Logo Maker - Logo Creator
By Wild Dev Labx.Inc · Art & Design
4.1 1 M+
Phone Tracker By Number
Phone Tracker By Number
By Family Locator Inc. · Social
4.5 50 M+
Duplicate File Remover - Find Duplicate Files
Duplicate File Remover - Find Duplicate Files
By Smin photo recovery · Tools
4.4 500 K+

Games · Latest Update

Snail Bob 1: Arcade Adventure In The Puzzle World
Snail Bob 1: Arcade Adventure In The Puzzle World
By HeroCraft Ltd. · Casual
4.9 100 K+
Darkrise - Pixel Classic Action RPG
Darkrise - Pixel Classic Action RPG
By Roika · Role Playing
4.4 100 K+
Skyturns: 3D Platform Runner
Skyturns: 3D Platform Runner
By Skyturns · Arcade
4.0 500 K+
Pop It 3D ASMR - DIY Fidget Antistress Calm Toys
Pop It 3D ASMR - DIY Fidget Antistress Calm Toys
By Next Tech Games Studios - Paint by Numbers Books · Simulation
4.2 100 K+
Money Ball: Make Money Game
Money Ball: Make Money Game
By Sidtech Studios · Board
4.3 500 K+
Blockudoku®: block puzzle game
Blockudoku®: block puzzle game
By Easybrain · Puzzle
4.4 10 M+
Numberzilla - Number Games
Numberzilla - Number Games
By LiftApp LLC · Board
4.2 10 M+
Off road Truck Simulator: Tropical Cargo
Off road Truck Simulator: Tropical Cargo
By Lot10Games · Simulation
3.8 100 K+
Top