LoanTap - Reviews, Revenue and Downloads - Apple App Store

Description

Fast, Flexible, Friendly Loans for Salaried Professionals!
Avail LoanTap’s customized personal loans in 24 hours*. You can enjoy flexible repayment plans that are best suited to lower your monthly EMIs

Minimum Salary Required = Rs. 30,000/month

LoanTap offers personal loans for tenures between 3 months to 60 months. Our loans are both short term and long term with a minimum repayment period of 6 months (for long term loans) post which loan can be closed without any charges!

At LoanTap, we give loans between INR 25,000 to INR 10,00,000. Our Interest Rates start from 18% and go up to 30% per annum depending upon products, personal circumstances, credit assessment procedures and other related factors. We charge processing fees at 2%+ applicable taxes; on the gross loan amount sanctioned.

Repayment Plans offered by LoanTap -
One can avail loans for various purposes like travel, wedding, medical emergency, business expansion, home renovations, purchasing a vehicle or any other financial need. Choose from a variety of personal loans and avail the benefits of Flexible repayment plans such as -

Step Up -
Interest only payment option for the initial 3 months, followed by fixed EMIs for the remaining tenure.

EMI Free -
Interest only payment every month coupled with bullet payment towards the Principal every 3/6 months. Reduces your monthly instalment by 40%

Term -
Repayment done via Fixed equated monthly installments. Each installment reduces both interest and principal amount.

Overdraft -
Interest only payments on the amount you withdraw from your sanctioned credit limit. Credit Card like facility with No restriction on withdrawals and usage.

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

Reasons to download the LoanTap App:

8 reasons why should you choose LoanTap over any other lending app:

1. Lower instalments
2. Fastest turnaround time
3. Flexible repayment plan
4. No foreclosure charges #
5. Higher Loan amount
6. Higher Loan Tenure
7. Minimum documentation
8. One app for all kinds of personal loans

What makes LoanTap App the best online personal loan app?
1. Easy registration
2. Easy upload of documents and eKYC
3. eAgreement and Disbursal
4. Trusted customer support

Avail a contactless, completely digital personal loan with LoanTap. We simplify the loan process right from registration to disbursal. You can now avail a personal loan from the comfort of your home with the help of the Best Instant loan App.

Eligibility Criteria for Loan Application:

1. Individuals with a minimum income of INR 30,000
2. Indian Citizens/Residents who are 21 years & above

One App – Multiple Loan Solutions:
LoanTap offers unique/flexible Credit products such as EMI Free Loan, Personal Overdraft Loan, Advance Salary Loan, Personal Loan, Wedding Loan, Holiday Loan, Credit Card Takeover Loan, Premium Bike Loan, Rental Deposit Loan, House Owner Loan, Medical loan, Vehicle loan and Short term Credit line.

LoanTap’s EMI Free Loan has won “ET Now presents BFSI Most Innovative FinTech product” for the Year, 2019

Cities of Operation:
• Ahmedabad
• Bangalore
• Bhopal
• Chandigarh
• Chennai
• Coimbatore
• Delhi NCR
• Hyderabad
• Indore
• Jaipur
• Mumbai
• Pune
• Raipur
• Vadodara

To apply for a Loan via website – http://loantap.in/apply

Security and Privacy Policy:
We have a highly secured & encrypted system to ensure safety of information shared by our customers. To read our privacy policy click here: https://loantap.in/privacy-security/

Terms and Conditions:
LoanTap offers loans from its in-house RBI registered NBFC, LoanTap Credit Products Private Limited. For more terms and conditions, click at https://loantap.in/terms-of-use/
Please do reach out/write to us on [email protected] or call at +91 788 804 0000 for any other information.

*: subject to credit checks
#: subject to conditions

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User Rating

4.21 out of 5

551 ratings in India

5 star

374

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3 star

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Ratings History

Reviews

Finding possibilities for rejecting loans

My experience with loan tap is worst when ever I applied they give the pre approval and reject with their internal policies even though I have a existing loan running with loan tap and that should be on time payments as 98% but after applying they won’t reach to customer for the purpose simply they reject the application.

Worst application

This is worst app every time they take your details and than after sometime they decline. It is like collecting your documents and do fraud in future

Stress-Free Financial Solution

Rupeek's gold loan processing is incredibly smooth and hassle-free. Highly recommend for a stress-free financial solution!

Very Bad experince

It is more than 4 days for me still not recived amount. All the documentation done , status showing approved but not getting amount in account , pathetic service and not getting response from the executive . Regret applying to this app

Why i dont close my loan. Please tell what is the loan close process

Bbd

Foreclosure

Hi Ian unable to foreclose my loan, sent mail many times, called customer care, very bad service.

Verification

Does they go to the residential address to verify ?

Disappointed

I availed loan in werize last year of 1lk, till now I’ve not bounced a single emi. As my auto debit account had issues I’m making payment every month 3 days prior to my due date and sharing the screenshot to the representatives without fail. But after 4-5 days from my due date representatives will start messaging me for bounce charges and also some agency people threatened me to come near my house. Not even a single person helped me to solve this issue and I still wonder how this could be effecting my cibil. I would never approach for loan to this finance again.

No response

I am trying to preclose my loan. They have sent me the virtual account details to transfer the balance but it keeps returning back to me with tue reason “account does not exist”. Even after multiple mails noone is bothered to reply. Customer care number never gets connected

Stuck in process

It’s been 8 days application still showing in process

Store Rankings

Ranking History

Category Rankings

Chart	Category	Rank
Top Free	Nigeria Finance	313
Top Free	India Finance	358

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