Top Offers - Debt Consolidation Loan

LoanTap Offers various customised Debt Consolidation Loan

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Debt Consolidation Loan - EMI Free

If you wish to consolidate multiple debts arising out of loans and credit card bills, choose this loan offer especially if your debts are somewhere between INR 5,00,000 and upwards. You can enjoy benefits of interest only payments every month combined with bullet payments towards the principal outstanding every 3/6 months at the comfort of your home in your city. This offer is ideal for you if you are a salaried professional or working professional, who receives a regular bonus every few months. This loan helps you have a reduced monthly instalment every month and make lump sum payments towards the Principal outstanding every 3/6 months. This way you can consolidate your loans and ease the burden of heavy interest rates.

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Debt Consolidation Term Loan

With a Debt Consolidation Loan, both salaried professional and business owners, can enjoy Fixed Equated Monthly installments, which contain both Principal and Interest amounts. This offer is best suited for if you wish to consolidate debts between INR 4,00,000 to 7,00,000. If you wish to break free from the chains of heavy interest rates this loan is the right choice for you.

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Debt Consolidation loan - Step Up

Enjoy interest only payments for the first 3 months followed by fixed monthly instalments for the remaining tenure with Debt Consolidation Loan - Step Up. If you have carried out multiple small ticket loans to consolidate and are certainly sure that your finances will be better in the near 3-4 months, this Debt consolidation loan is the best solution. This way you can have low monthly instalments in the initial months followed by fixed EMIs for the remaining tenure. This way you can get space to manage your finances.

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Why take LoanTap’s Debt Consolidation?

Be it clearing multiple credit card outstanding dues or opting for a more affordable loan in place of multiple high interest rate loans, debt consolidation is always a good option. It not just takes away the hassle of dealing with multiple lenders and due dates but also proves to be a cheaper bet! With LoanTap’s Debt Consolidation Loan, enjoy a variety of loan offers to choose from. You can avail upto 10 Lakhs and consolidate your debts within 24 hours!

Instant Approval & Disbursal

Debt Consolidation loan can be availed with an easy application process in less than 24 hours

Flexible Repayments

LoanTap's customised Debt Consolidation Loan comes with flexible repayment options

Minimum Documentation

You can avail a Debt Consolidation Loan by applying online with few basic documents

Transparent Process

Our Debt Consolidation Loans come with No hidden/pre-closure charges

Eligibility criteria for Debt Consolidation Loan

To avail a Debt Consolidation Loan, you must qualify under the below mentioned eligibility criteria

  1. Individuals with a minimum income of INR 30,000 are eligible to get a Debt Consolidation Loan
  2. Indian Citizen/Residents who are 21 years & above
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Documents required for Availing a Debt Consolidation Loan

To avail a Debt Consolidation Loan, you must qualify under the below mentioned eligibility criteria

  1. PAN Card
  2. Salary Slips (last 3 months)
  3. Salary Account Bank Statement (3/6 months)
  4. Address Proof (If differs from permanent address)
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When should you opt for Debt Consolidation Loan?

Credit card Bills

When you have multiple outstanding bills arising out of multiple credit cards, you can opt for Debt consolidation loan. Credit cards charge around 24-36% interest rate which is considerably high as compared to debt consolidation loan. Consolidate your debts with Debt Consolidation loan offers and save upto 50% on interest rates against credit cards.

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Too many Small ticket loans

If you have multiple short term loans or small ticket loans, you can opt for debt consolidation and close all the loans in one go. This was you needn't worry about multiple lenders and due dates, instead you can service one single loan. This also helps service the loan on time; eventually improving credit score.

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High Interest rate loans

If you have previously availed personal loans at higher interest rates and now you want to move to a lower interest rate loan, then you can opt for Debt Consolidation loan. You can consolidate multiple loans into one single low interest rate loan and save on interest outgo!

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How we provide Debt Consolidation Loan within 24 hours

online application
Online Application

Apply for your loan while sitting at your home and upload the required documents

online application
Record your time for Representative visit/E-agreement

Download documents as per checklist, sign and handover to our representative who will come to your doorstep

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KYC & Fund Transfer

We check documents, verify them and activate instant disbursal for your Debt Consolidation Loan

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Apply Using WhatsApp

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