Instant fund requirement - Use MoneyTap Instant Personal Loan App Online

MoneyTap Personal Loan offers a monthly interest rate of 1.08% (13% per annum). The best thing is that you can obtain a credit limit of up to 5 lakhs approved, but you won't have to pay any interest until the money is sent to your bank account. What's the better option? Choose MoneyTap Loan offers flexible EMI choices of 2-36 months to pay when it's convenient for you.

Only the amount that has been used will be charged interest. Apply for MoneyTap Personal Loan App

Before applying for the MoneyTap Personal Loan app, you need to get approval with minimum documentation. For using the MoneyTap Instant Personal Loan apps online, follow the steps mentioned below:

• Install the MoneyTap app on your Android or iOS device.

• Fill in the blanks.

• Within minutes, you will be accepted.

MoneyTap Personal Loan Eligibility Criteria

If you choose a MoneyTap credit line personal loan, you must meet the following requirements:

• Either work as a salaried employee or as a self-employed professional (lawyer, doctor, or businessman)

• A minimum monthly income of Rs. 20,000 is required.

• You must be at least 23 years and not more than 55 years old to participate.

• Salaried applicants must have worked in their present position for at least 6 months (at the time of application submission) and have a minimum of 2 years of work experience. Self-employed people should have been in business for a minimum of 3 years and have a minimum of 3 years of work experience overall.

MoneyTap Personal Loan App Documents Requirements

When applying for a MoneyTap personal loan, you'll need to bring the following documents with you:

• PAN Card Number

• Address Proof: Passport, Driver's License, Aadhaar Card, Voter ID Card

• ID Proof: Passport, Driver's License, Aadhaar Card

• Income Proof: Payslip, Form 16, Certified P&L Statement/Balance Sheet, etc.

MoneyTap Personal Loan Verification Process

• Afinoz sends your online personal loan application to the lender when you complete and submit it.

• The lender's representative calls to verify your information, and he also arranges for document pickup from the comfort of your own home or office.

• The loan is granted after the paperwork is satisfactorily validated, and you will receive another verification call from the lender.

• Within 3 to 5 working days after the call, the funds are transferred to your account.

Comparison of MoneyTap Personal Loan App with other Banks

Let's see how MoneyTap's loan compares to similar products from other leading online lenders:

Particulars

MoneyTap

KreditBee

Early Salary

Home Credit

Cashe

Interest Rate

Starting from 1.08% p.m.

Starting from 1.02% p.m.

2% to 2.50% p.m.

Starting from 24% p.a.

33% to 36%

Tenure

2 to 36 months

2 to 15 months

90 to 730 days

6 to 36 months

2 to 12 months

Loan amount

Maximum of Rs. 5 lakhs

Up to Rs. 2 lakhs

Up to Rs. 5 lakhs

Up to Rs. 2 lakhs

Up to Rs. 3 lakhs

Processing Fee

Up to 2% of borrowed amount including GST

Maximum of 6% of the loan amount

Rs. 899 including GST

Maximum of 5% of the loan amount

Maximum of Rs.1200 or 3% of the principal amount whichever is higher

MoneyTap Customer Care

MoneyTap can be reached at hello@moneytap.com for any questions or concerns. This online lender does not yet link borrowers with a representative over the phone or in person.

Conclusion

MoneyTap is India’s most trusted app-based brand that offers instant personal loans to users. For more than a million users preferred MoneyTap Personal Loan in Delhi. Thus, you can check the best way here to download the application. For more details, you can visit Afinoz.com and avail of the loan in a simple manner. Choosing the best personal loan app is quite difficult sometimes, but by contacting Afinoz, you may get the guidance to choose the suitable personal loan app for your use. On the other hand, you can visit MoneyTap customer care for any query.

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