• LoanTap's Advantage
• Eligibility Criteria
• Flexible Instalment Options
• How to Apply
• Related Searches
• FAQs

Here's what our customers have to speak about us and our services

I am so happy that the loan amount was sanctioned instantly. No lengthy process, no pain of documentation. It is far by the best experience I have had. Way to go !! I think the national banks should learn from you guys!!Cheers!

Sumit Prakash Mhatre, Mumbai

Excellent service from all team members. All are supportive. Its different from others NBFCs. Now and in future, LoanTap is my first choice for financial needs.

SHUBHAM RAMESH JAMALE, Pune

The service provided by Loan Tap is great, everything is seamless and very convenient. Its one of the very best experiences, I've had with any loan provider.

Manas Pankaj Vyas, Mumbai

Awesome and superfast Service.I have never come across so polite, professional and fast service providers for Loan. I have taken a personal loan and was disbursed within 3-4 hours in my bank account. This was just a superb feeling. Thank you so much LoanTap for a wonderful experience.

Shatrujeet Verma, Bangalore

Really very Fast,accurate service.Thanks Loan tap.

T Jerin, Chennai

Very nice customer service. Processed the loan in 3 days that not even banks are able to do it. Thanks for providing the loan during my emergency. I would definitely refer LoanTap to others.

Prabhu Easu, Bangalore

Very good quick service, within 48 hrs all loan process completed.

VENKATA RANGA RAJU GUDURU, Pune

Excellent Operational and Credit Team. Risk Management method is robust but never restricts credit to the right individual.Products offered are unique and cater to different type of paying capacity. I am a Research Analyst and that's why I am able to comment on the methods and process implemented to Loan. Happy to take a loan from them 3rd time.

Anshul Singhvi, Delhi NCR

Very grateful to Loantap who process my personal loan in real time. It was excellent experience from start to end. Thanks to LoanTap.

Sameer Dahyabhai Sanchania, Ahmedabad

The services were awesome.Never knew applying for loan will be this easy. Thank you LoanTap for helping me at the time of need.

Shaik Parvez Ali, Hyderabad

Here's what our customers have to speak about us and our services

I am so happy that the loan amount was sanctioned instantly. No lengthy process, no pain of documentation. It is far by the best experience I have had. Way to go !! I think the national banks should learn from you guys!!Cheers!

Sumit Prakash Mhatre, Mumbai

Excellent service from all team members. All are supportive. Its different from others NBFCs. Now and in future, LoanTap is my first choice for financial needs.

SHUBHAM RAMESH JAMALE, Pune

The service provided by Loan Tap is great, everything is seamless and very convenient. Its one of the very best experiences, I've had with any loan provider.

Manas Pankaj Vyas, Mumbai

Awesome and superfast Service.I have never come across so polite, professional and fast service providers for Loan. I have taken a personal loan and was disbursed within 3-4 hours in my bank account. This was just a superb feeling. Thank you so much LoanTap for a wonderful experience.

Shatrujeet Verma, Bangalore

Really very Fast,accurate service.Thanks Loan tap.

T Jerin, Chennai

Very nice customer service. Processed the loan in 3 days that not even banks are able to do it. Thanks for providing the loan during my emergency. I would definitely refer LoanTap to others.

Prabhu Easu, Bangalore

Very good quick service, within 48 hrs all loan process completed.

VENKATA RANGA RAJU GUDURU, Pune

Excellent Operational and Credit Team. Risk Management method is robust but never restricts credit to the right individual.Products offered are unique and cater to different type of paying capacity. I am a Research Analyst and that's why I am able to comment on the methods and process implemented to Loan. Happy to take a loan from them 3rd time.

Anshul Singhvi, Delhi NCR

Very grateful to Loantap who process my personal loan in real time. It was excellent experience from start to end. Thanks to LoanTap.

Sameer Dahyabhai Sanchania, Ahmedabad

The services were awesome.Never knew applying for loan will be this easy. Thank you LoanTap for helping me at the time of need.

Shaik Parvez Ali, Hyderabad

Eligibility Criteria for Personal Loan

1

Individuals with a minimum income of INR 30,000

2

Indian Citizens/Residents who are 21 years old & above.

Get Started >>

Flexible Instalment Options

Final instalment options for a loan will be decided based on your profile and inputs

Term Loan

Repayment done via Fixed Equated Monthly Instalments, where EMI = Principal + Interest.
Each instalment reduces both interest and Principal amount.

Ideal when: You know the precise Loan Amount needed and your income is consistent

Apply Now

How we make loans happen in 24-36 hours

Online Application

Apply online, upload basic documents or mail us

Record your time for representative visit

Download documents as per checklist, sign and handover to our representative.

KYC & Fund transfer

We check documents, verify them and activate instant disbursal online

Apply Now

Related Searches

Long Term Personal Loans

Do you need a significant amount for a financial emergency? Your worry ends here. At LoanTap, we offer personal loans with high amounts to ... Read More

Top-up Loan - Eligibility, Documentation

Do you need extra cash to handle your expenses? But, you have an existing loan. That loan is not enough to overcome your financial crisis. ... Read More

Short-term personal loan

Nobody can avoid a financial emergency, whether they are salaried professionals or business owners. For any sudden expenses, you may requir... Read More

Furniture loan - apply, basic eligibility, repayments

Are you looking for gorgeous furniture to complement your home? Home Furniture gives a modern and contemporary look to your abode. Furnitur... Read More

Buy Mobile on EMI using Best Mobile Loans from LoanTap

Are you planning to upgrade your smartphone? Getting the latest phone using credit cards is quite popular amongst millennials. However, not... Read More

Consumer durable loan - To Buy Household and Lifestyle Goods.

During the last two years when you had to run your household without maids, you must have felt the need for dishwashers and cleaning robots... Read More

Cibil score check

TransUnion CIBIL, India’s leading credit bureau handles one of the largest repositories of consumer credit information globally. They hav... Read More

Personal loan interest rates

Personal Loan EMI Calculator The Personal Loan EMI calculator is most useful to figure out the EMI that you are most comfortable with. T... Read More

CIBIL score for personal loan

CIBIL score for loan  - The CIBIL score is an important measure to decide the creditworthiness of an individual and his eligibility to... Read More

Personal loan for self-employed

If you are a young entrepreneur who has just started a business, you may have a situation where you have a new idea that could grow your bu... Read More

Personal loan for salaried

Personal loans for salaried people is a very convenient financial product. Personal loans are unsecured loans meaning no asset needs to be ... Read More

Personal loan for government employees

Personal loans are a short term financial solution that can be used by individuals to meet a funding need. They are unsecured loans which m... Read More

Small personal loan

The needs of individuals can vary drastically from person to person. Small loans can be lifesavers for so many people when faced with a sud... Read More

Personal Loan Flexi EMI Plan

Personal loans are unsecured loans that are taken by borrowers to meet urgent personal needs. Personal loans can be taken for any purpose a... Read More

Personal Loan Eligibility and Requirement

Personal Loans are regarded as the most popular financial products today because of the following reasons- Personal loan eligibility cri... Read More

Documents required for Personal loan

A personal loan is an unsecured loan which means that no collateral is required to avail of this loan. This is what makes it so popular amo... Read More

Top 10 Wedding Destinations In Maldives With Packages

Overview Destination weddings are a great way to celebrate the union of a lifetime. With so many alternatives, we have developed a list ... Read More

Frequently Asked Questions

---

Am I eligible for a Personal Loan?

Any individual with a monthly income more than Rs 30,000 can apply online and check eligibility at https://loantap.in/personal-loan/. You will need to fill in few basic information to know your basic eligibility instantly. Final loan amount is decided on basis of your eligibility and credit checks.

What documents are required for applying for a Personal Loan?

We need below documents for processing your loan request-

• • PAN
  • Address proof
  • 3 months’ pay slips
  • 6 month’s salary account bank statement
  • e-NACH mandate form

However, we might request for other documents if need arises during credit checks.

How long will it take for processing and disbursement of Personal Loan?

We have a very quick and efficient underwriting system which ensures that we deliver to you on time. It usually takes from 24 hours to 36 working hours; provided all documentation and credit checks are in place.

What is minimum and maximum loan amount?

We offer personal loans from Rs 50,000 up to Rs 10 Lacs. Final loan amount is decided on basis of your eligibility and credit checks.

How does rate of interest impact my monthly cash outflow?

For Short Term Personal Loan, it is minimal. For example, for Personal Loan of Rs 1 Lakh and for 60 months tenure, difference between EMIs at 14% and 18% interest rate is approx. Rs 213 per month. Check our Personal Loan EMI Calculator for further clarity on the subject.

How much is the processing fee for availing this loan?

Processing fee for this loan is 2%+applicable taxes; on the gross loan amount sanctioned.

Can I make part payments/higher payments towards my loan outstanding? Any charges applicable?

Yes, you can make higher payments towards your loan. No charges for higher payments or foreclosure are applicable post 6 months. Within 6 months you can make part payments or foreclosure-with minimal charges applicable.

Do I have an option to pre-close the loan?

Yes, you can pre-pay the loan facility post 6 months of disbursement. No foreclosure charges are applicable post 6 months of loan completion, however within 6 months you can prepay your loan with minimal charges

Is Personal Loan available in my city?

Personal Loan is available in cities where LoanTap is operational. Currently we are providing our loans in Bangalore, Hyderabad, Chennai, Coimbatore, Mumbai, Pune, Ahmedabad, Vadodara, Raipur, Bhopal, Indore, Jaipur, Delhi-NCR and Chandigarh locations.

Many of our customer also considered following
customized personal loans

EMI Free Loan

Personal Loan

Personal Overdraft

Wedding Loan

Holiday Loan

Credit Card Takeover

Advance Salary Loan

House Owner Loan

Rental Deposit Loan

Premium Bike Loan