Title: Get Instant Personal Loan from MoneyTap at Lowest Interest Rate
1MoneyTap Loan 2021
2Description
- MoneyTap is the first app to provide instant
online credit in India. In association with
multiple banks and NBFCs (Non-Banking Financial
Companies), it offers unsecured, short-term
credits to its customers directly on their phone
or desktop, without a complicated documentation
process. MoneyTap has a widespread presence in
40 cities and provides small-medium cash loans
at affordable interest rates and flexible EMIs.
3MoneyTap Interest Rates
Interest rate 13 to 24.03 p.a.
Processing fee 2 GST
One-time line setup fee (This fee is inclusive of the KYC processing and initial home visit) ? 499 GST
Late payment charge 15 of the due amount
Foreclosure charges Nil
Loan amount Rs. 3000 to 5 lakh
Interest rate applicable on MoneyTap loans
typically ranges from 13 to 18 per annum.
However, the exact interest for your loan amount
will depend on your repayment history, defaults
and cheque bounces, etc. You need to pay interest
only on the withdrawn amount rather than the
entire approved limit.
4MoneyTap Documents required
- Loan application process at MoneyTap is short and
simple. Here is a checklist of the documents you
may need to furnish to apply for a loan through
MoneyTap - PAN card number
- Your company name and e-mail address
- Professional selfie (Taken on MoneyTap app)
- Bank statement and account detail
- Identity proof Any one of driving license,
passport, Aadhaar card - Address proof Any one of driving license,
passport, voter ID card, Aadhaar card
5MoneyTap features and benefits
- Applying for a personal loan through MoneyTap has
a wide range of benefits - Customized loan amount With MoneyTap, you can
borrow loan amounts ranging from as low as Rs.
3,000 up to Rs. 5 lakh in the form of a wedding
loan, travel loan, medical loan, education loan,
two-wheeler loan, laptop loan, mobile loan, home
renovation loan, consumer durable loan and debt
consolidation loan. - Flexible withdrawal MoneyTap offers flexibility
in the way the loan amount is withdrawn. You have
the freedom to withdraw the entire approved limit
or only the amount you require. - Rechargeable credit After paying off the
borrowed amount, you qualify for a top-up loan
and get the flexibility to withdraw loan multiple
times. - Interest applicable only on withdrawn
amount Interest rate is applicable only on the
loan amount used there will be no interest rate
on the unused loan. - Flexible repayment tenure MoneyTap personal
loans are offered for 2 to 36 months, and you can
repay the loan over a repayment tenure of your
choice.
6How MoneyTap personal loan is better than others
- Interest rate is applicable only on the borrowed
amount, no interest on unused amount. - No cost EMI for 3 months for shopping on
Amazon.in. - Once the loan is disbursed, you can use any
amount of credit you want from your available
line of credit. - Instant loan with 100 paperless process without
visiting the lender. - Flexible EMI tenure ranging from 2-36 months.
- Collateral-free personal loan app
7Thank you