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What is an

Advance Salary Loan?

Salary Advance is a short-term credit solution provided against your salary. It allows you to meet any unexpected or sudden expense that may arise at any time in the month. Avail LoanTap's Advance salary loan and enjoy a flexible loan tenure ranging from 3-12 months.

Why Choose

LoanTap’s Advance Salary Loan?

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What

expenses can be covered
with an Advance Salary Loan ?

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Medical emergency

Rents or rental deposits

Electricity or utility bills

Academic expense / School fees

Weekend Getaways

Upgrade to new gadgets

Buying gifts

Vehicle repairs

Who is

Eligible for LoanTap's Advance Salary Loan?

Salaried professional with Minimum salary of Rs. 35,000

Professionals must be employed in a Private/Government Organisation.

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LoanTap is an online platform committed to deliver Fast, Flexible & Friendly Personal Loans. We provide loans to Salaried professionals with a minimum net income of Rs. 35,000. We offer Personal Loans for an amount of Rs. 25,000 - Rs. 10,00,000, for tenures ranging from 3 months - 5 years. Our interest rates start from 18% and go upto 30% per annum, based on the type of loan, personal circumstances and other related factors.

Example: On an Advance Salary Loan of Rs. 50,000 , at a rate of 2.5% per month, for a tenure of 12 months, the EMI amount will be Rs. 4,874/-

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