So, How does LoanTap Limitless Card work?

LoanTap brings to you LIMITLESS Platinum & Platinum Plus Cards in association with SBM Bank and Rupay. Our range of Limitless cards offers limitless privileges to users! Along with a Buy Now Pay Later facility, you can also convert your outstanding into easy EMIs. You can enjoy a limit of up to INR 10,00,000 and pay across tenures of up to 36 months!

Why take Limitless Card from LoanTap?

LoanTap’s Limitless Platinum Card offers a Buy Now Pay Later facility and also allows you to convert your outstanding dues in Easy EMIs.

Instant approval & disbursal

Instant approval & disbursal

Easy online process and quick approval within 24-36 hours
Flexible Repayment Option

Flexible Repayment Option

Flexibility to pay due in full or convert in EMIs and pay in small pay outs
Higher Credit Limit

Higher Credit Limit

Enjoy higher credit limit up to INR 10,00,000 basis your requirement
Longer Tenure

Longer Tenure

Option to convert your spends in to easy EMIs for tenure as long as 36 months
Minimum documents

Minimum documents

We collect only what is basic minimum documents for all our custom products
Transparent Process

Transparent Process

No hidden charges, No pre-payment charges and secured processes
Basic Eligibility Criteria for availing Loans with LoanTap
  • Individuals with a minimum monthly income of INR 30,000
  • Indian citizens/residents who are 21 years and above
Basic Documents required for availing Loans with LoanTap
  • PAN Card
  • Salary Slips (Last 3 months)
  • Salary Account Bank Statement  (3/6 months)
  • Address Proof

Your card, Your Way!

Avail our products through your preferred platform and enjoy unmatched convenience at your fingertips…

Apply Using
Website
Apply Using
Our App
iOS
Apply Using
WhatsApp

Frequently Asked Questions

Yes, both Platinum and Platinum Plus Cards are Contactless Cards.

Yes, You will receive a personalized card with your name on it.

In the case of fraudulent transactions, the cardholder should inform and raise a dispute with us immediately at -https://www.sbmbank.co.in/aboutus/contact-us.php https://loantap.in/contact-us/

In the case of fraudulent transactions, the cardholder should inform and raise a dispute with us immediately at -https://www.sbmbank.co.in/aboutus/contact-us.php https://loantap.in/contact-us/

Go to My Account and raise a service request or reach out to us at our customer service touch points as below – -https://www.sbmbank.co.in/aboutus/contact-us.php https://loantap.in/contact-us/

If you are a Platinum card holder you are eligible for an accidental cover up to 2 Lakhs and if you’re a Platinum Plus card holder you are eligible for an accidental cover up to 10 lakhs.

Limitless Card is a prepaid card where users are extended a credit limit. The credit can be used to withdraw cash from any ATM, swipe at any POS terminal or make purchases at any online merchant on a real-time basis. All spends more than Rs. 10,000 will be converted into easy EMIs for tenures ranging from 6 to 18 months.

With Platinum Card you can get a credit limit up-to Rs 1 Lakh. With Platinum Plus Card you can get a credit limit up-to Rs 3 Lakhs.

PAN Card, Aadhaar Card, Latest Salary slip, Bank Statement of salary account for the last three months.

Any individual with a monthly income more than Rs 30,000 can apply online and check eligibility at . You will need to fill in few basic information to know your basic eligibility instantly. Final credit limit will be decided on the basis of your eligibility and credit checks.

Currently you will receive a physical card. However, we are working towards providing users with a virtual card.

Kindly visit the Rupay website – https://www.rupay.co.in/faqs to know any information related to Insurance.

Limitless Card is a prepaid card where users are extended a credit limit. The credit can be used to withdraw cash from any ATM, swipe at any POS terminal or make purchases at any online merchant on a real-time basis. All spends more than Rs. 10,000 will be converted into easy EMIs for tenures ranging from 6 to 18 months.

Processing fee for Limitless Card is 2%+applicable taxes; on the gross total limit sanctioned. Also, a flat fee of Rs. 499 + GST will be charged for each time your spends are converted into EMIs.

You may visit My account on the LoanTap App and view/download the Statement of Account (SOA) to access your transaction summary.

Daily transaction limit and single transaction limit are capped at INR 1,00,000 per transaction. Whereas, daily limit for ATM transaction is INR 25,000 and daily limit for POS/Ecom transactions are INR 75,000.

With LoanTap’s Limitless card users get to repay their outstanding dues in Fixed EMIs for tenures up to 18 months at 18% to 24% per annum.

You may visit My account on the LoanTap App and view/download the Statement of Account (SOA) to access your transaction summary.

Daily transaction limit and single transaction limit are capped at INR 1,00,000 per transaction. Whereas, daily limit for ATM transaction is INR 25,000 and daily limit for POS/Ecom transactions are INR 75,000.

SBM Bank Customer care
Email : customercare@sbmbank.co.in
Toll free number: 1800 1033 817