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LoanTap’s Holiday Loan comes with flexible repayment facility at an attractive interest rate. Pay only interest for the first 3 months to ease your expenditure and then fixed EMI for rest of the tenure. It keeps your monthly instalment low when it’s needed the most.
Holiday Loan is an unsecured loan and doesn’t require collateral as security except under special circumstances. LoanTap disburses loans from its in-house RBI registered NBFC.
High Loan Amount & Flexible Tenure:
LoanTap offers Holiday Loan between Rs 50,000 to Rs 5 Lakh. However, the final loan amount is decided basis one’s eligibility and credit checks.
Holiday Loans are available for a tenure ranging from 6-12 months.
Interest Rates & Other Features:
Avail Holiday Loan at as low an interest rate as 1.5% per month, which translates to 18% APR. Our loan’s other features:
- Fast disbursal
- Low instalment
- No prepayment or foreclosure charges after 6 months