Top Offers for Personal Loan in Mumbai

LoanTap Offers various customised Personal loans in Mumbai


Personal Loan - EMI Free

In the city of Mumbai, you can enjoy benefits of interest only payments every month combined with bullet payments towards the principal outstanding every 3/6 months.

This offer is Ideal for you if you are a salaried professional, say working at a bank, who receives 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. If you are looking for funds to upgrade furniture at your home in Andheri or looking for funds to pay your kids’ school fees, choose this offer.

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Personal Term Loan

If you are looking for quick personal loans in Mumbai, you should check out LoanTap. LoanTap offers personal loans for self-employed, anyone over the age of 21 years, earning a net monthly income of over Rs 30000 and having a credit score between 680-730. It is quite simple. You will need to fill out an online application and upload documents like your PAN Card, Aadhaar Card, IT Returns for the last two years and Bank statement for the last 6 months.

Quick personal loans are a good way to solve short term financing issues. You can use quick personal loans to meet any purpose. It could be a medical emergency, an education loan, a wedding, a vacation or the purchase of an expensive gadget.

A personal loan for the self-employed is a convenient funding option for millennials. Quick personal loans are collateral-free and can be taken for any legal purpose making them very flexible. LoanTap offers quick personal loans in a simple, paperless and seamless manner.

LoanTap offers personal loans for the self-employed within 24 -36 hours from the time of application. Starting at 18% per annum the interest rates are cheaper than credit cards which charge 30-36 % annually.

If you are in Mumbai and looking for a personal loan for the self-employed it is best to download the LoanTap app and get the funds you need.

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Personal Loan - Step Up

Enjoy interest only payments for the first 3 months followed by fixed monthly instalments for the remaining tenure with a Personal loan - Step Up.

If you have lined up expenses in the initial months and will be fueled with liquidity in the near 3-4 months, this personal 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. Mumbaikars who are involved in frequent travelling for work or leisure prefer this loan as it allows them some time to recover from the expenses of their last trip.

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Personal Loan - Overdraft

Are you from Mumbai? Looking for a personal overdraft loan? Then you should check out LoanTap. They offer personal OD loans that you can use for your funding purpose whenever you need funds. LoanTap offers a personal overdraft loan from Rs 50,000-Rs 10,00,000 for tenures ranging from 6 months to 60 months. Interest rates start at 18%. Compare that to credit cards that charge 30-36% annually on the outstanding balance. It is very convenient to take a personal overdraft loan that can be deployed whenever the need arises. You will pay interest only on the amount actually withdrawn and the time for which it is actually used. This is perfect when you don’t know the exact amount of expense.

Take for example a house renovation project or working capital expenses. You cannot predict how much you would need in advance. It doesn’t make sense to take a personal loan and pay interest on the entire amount while only a fraction is being used. It is prudent to choose a personal OD loan in such situations.

Personal overdraft loans are very convenient to use and getting very popular among millennials. If you are over 21 years old, earning a net monthly income of over Rs 30,000 and have a credit score of 680-730 you can easily apply for a personal overdraft loan.

All it takes is an online application on the LoanTap app and the upload of necessary documents. Within 24 hours your personal OD loan will be approved and you can withdraw according to your requirement.

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Why take LoanTap’s Personal Loan in Mumbai?

LoanTap brings the best personal loan offerings for the Millennials of Aamchi Mumbai, the financial, commercial and entertainment capital of India! For the most aspiring millennial population in the country, LoanTap’s Personal loan in Mumbai is most suitable to meet any kind of financial needs at the most cost effective terms. Avail Upto Rs. 10 lakhs for tenures ranging between 6 months to 60 months!

Instant Approval & Disbursal

Personal Loan in Mumbai can be availed with an easy application process in less than 24 hours.

Flexible Repayments

LoanTap's customised personal loan comes with flexible repayment options.

Minimum Documentation

You can avail a Personal Loan in Mumbai by applying online with few basic documents.

Transparent Process

Our loans in Mumbai come with No hidden/pre-closure charges.

Eligibility criteria for Personal loan in Mumbai

To avail a personal loan in Mumbai , you must qualify under the below mentioned eligibility criteria

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

To avail a personal loan in Mumbai , 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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How we provide Personal Loan in Mumbai in 24-36 hours

online application
Online Application

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

online application
Record your time for Representative visit

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

online application
KYC & Fund Transfer

We check documents, verify them and activate instant disbursal for your Personal Loan in Mumbai


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LoanTap offers Personal Loans for amounts of Rs. 25K - 10L for tenures ranging from 3 Months - 5 Years.
We charge a Processing Fee of only 2% (+ taxes). Our interest rates range from 18% to 30% p.a., based on the type of loan, customer profile, and other related factors.

On a personal loan of Rs. 1 lakh at a rate of 18% per annum, for a tenure of 36 months, the EMI amount will be Rs. 3,615

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