What is a Personal loan ?
Borrowers can avail these loans to meet financial obligations for various purposes, such as car purchases, wedding expenses, medical emergencies, or other unforeseen expenses.
How does a Personal Loan work?
If your application is accepted, the loan amount is deposited straight into your bank account. You can pay back the loan amount along with interest over a period of 6 months to five years through monthly EMIs. The interest rate depends on factors like your credit score and the type of loan taken.
Benefits of Personal Loans
No Limitation on End Use
No Collateral Required
Flexibility Of Tenure
Fixed-Rate Of Interest
How to Get a Personal Loan Online?
At LoanTap, the application process is very straightforward. You can apply for a loan in 3 easy steps:
e-KYC and Verification
Why take a Personal Loan from LoanTap?
Instant approval & disbursal
Flexible Repayment Option
Higher Loan Amount
Longer Loan Tenure
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
- Aadhaar Card/ Driving License/Passport
- Bank statement of last six months
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.
You are doing an awesome work as team. Faster service with immediate response is quite amazing. Will recommend to everyone in need, faster documents processing …….Keep up the good work
This is truly awesome service. Associates are very friendly and providing efficient service on time. After documents pickup, within 24 hours net amount was disbursed and that’s what I call efforts reducing service. Thank you LoanTap Team.
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.
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.