Instant Personal Loan App - MoneyTap Credit Line 3.6.0

Get an instant personal loan online with zero collateral. Interest rates starting from as low as 13% pa* for 3 to 36 months. We offer you the benefits of an easy personal loan and credit card combined. ✅For salaried employees only! Minimum salary = ₹30,000 per month. Fees For ₹1,00,000 borrowed for 1 year, with interest rate @13% per annum*, a user would pay:-> gst="">-> gst="">-> interest="">-> emi=""> Total amount to be repaid after a year = ₹1,10,129/- *Interest Rate varies based on your risk profile The maximum Annual Interest Rate can go up to 36% (However, only a fraction of our customers get an interest rate higher than 30% pa) We are India’s first credit line based instant loan app in partnership with leading banks and NBFCs. How is MoneyTap different from any other traditional personal loan app in India? The best feature of MoneyTap Loan is that you pay the interest only for the amount that you borrow. Example: Siddharth applies for a MoneyTap Loan (credit line) in January, gets an approved credit line of ₹5,00,000 but doesn’t borrow any money for the next 5 months. In May, he withdrew ₹50,000 from his credit limit to pay for a house deposit. Now, the interest will only be charged on ₹50,000. Siddharth still has access to ₹4,50,000 whenever he has another emergency without paying any interest on it until he withdraws any amount. What features make MoneyTap convenient? ✔ 100% paperless process, no bank visits ✔ You can use any amount from your available credit line ✔ Make UPI transactions directly from your Credit Line Eligibility ● Minimum salary: in-hand salary of ₹30,000/month ● Minimum age: 23 years or above and below 55 yrs Documents required ● Aadhaar number ● Identity proof (Driving license/Voter id/Passport/Aadhaar/PAN) ● Address proof (Driving license/Voter id/Passport/Aadhaar/Utility bills/bank statements) ● Original passport photo/selfie ● You can get an instant personal loan online on Aadhaar card. E-sign your application with registered mobile OTP for fast-track application How does MoneyTap work? Get an instant loan in 4 simple steps: ● Apply on the app and get approved in 4 minutes, create your profile, fill basic information such as age, city, PAN, & income to check eligibility ● Instantly find out your pre-approved amount ● Complete KYC verification ● Transfer money to the bank account from the approved amount Available in 40+ cities. Check the list here MoneyTap Personal Loan Uses ● Phone pe loan - use it as an urgent personal loan, education, medical, wedding, home renovation, mobile, used car, bike or two-wheeler loan, or travel loan ● Borrow money to pay your rental deposit, monthly bills, or lend it to friends as emergency cash ● Consider it an early salary loan Bonus: MoneyTap RBL credit card ● 100% cash withdrawal from your credit card online ● 50-days interest-free period Security & Protection of Privacy Data security & privacy is a top priority at MoneyTap. Our backend APIs comply with mandated security standards and robust protocols which have been tested and certified by our partner bank’s IT team. What’s New? Credit on UPI (cUPI) is a feature that allows customers to use their MoneyTap Credit Line to pay for online & offline transactions seamlessly via UPI. Customers can create a UPI handle on the MoneyTap app and link it to their MoneyTap account to transact directly from their approved credit line. This feature uses SMS services to verify accounts for financial transactions through OTP.