Money Tap App Instant personal loan Full details

Money Tap is India’s credit line app, which provides users with readily available fund resources for their personal and business needs. It offers users with the capability to get instant online approval for a credit line of up to ₹ 5 Lakh. We compiled MoneyTap user reviews from around the web and determined that it has generally positive ratings. We can also shared their interest rates easily.

Money Tap is accessible on Android Playstore and is focused at salaried people and independently employed experts winning more than INR 20,000 every month. MoneyTap assesses the client's qualification in under 4 minutes after which it gives a moment, continuous choice on the application alongside the sum they are qualified for.    Utilizing the credit line, customers can get as meager as INR 3000 or as much as INR 5 lakhs or up to their most extreme qualification limit. Clients can choose their very own EMI plans with adaptable compensation periods going from 2 months to 3 years. Intrigue is paid uniquely on the sum obtained and rates can be as low as 1.25% every month. On the off chance that the client doesn't acquire any sum, at that point no intrigue should be paid. As far as possible likewise gets bested up once EMIs are paid back.    MoneyTap alongside RBL Bank can give its clients, immediate arrangements and moment access to cash, day in and day out. Every single budgetary exchange, for example, charging and reimbursement are straightforwardly managed the bank yet through the MoneyTap App utilizing secure APIs, along these lines guaranteeing 100% secure exchanges. As an additional comfort for shopping needs, a MoneyTap RBL Credit Card is likewise accommodated the client. This is a customary MasterCard Credit Card that is acknowledged at all areas and for all card buys – disconnected and on the web.    The Bengaluru-based startup as of late raised an aggregate of $12.3 million in financing from Sequoia India, NEA and Prime Venture Partners. The credit line is offered in 14 urban communities crosswise over India and the organization intends to extend to 50 urban communities in India before the part of the arrangement.    Anuj Kacker, Co-Founder, MoneyTap said    We are excited about propelling our application in Kannada. Bengaluru is probably the greatest market. Our point is to lessen the problems of acquiring credit from banks and as a rule, the administrative work and confirmation procedure can postpone the procedure by months. From entrepreneurs to salaried experts, all require credit at some phase in their life and we need to guarantee that credit is accessible to them at whatever point they need it, on a tap!    About MoneyTap    MoneyTap is a Bengaluru-based fintech startup, established by sequential business people Bala Parthasarathy, Anuj Kacker and Kunal Varma, who are IIT/ISB graduated class. Bala has helped to establish various new companies in Silicon Valley including Snapfish (offered to Hewlett Packard), which he developed to 100M clients and $300M in income. In the wake of moving to India in 2007, he volunteered for UIDAI under Mr. Nandan Nilekani before beginning AngelPrime in 2011 (presently Prime Venture Partners) where he made organizations like ZipDial (offered to Twitter), EZETap, Happay, and so on. Kunal (ex Texas Instruments) and Anuj (ex Airtel and JWT) helped to establish Tapstart that developed to 300K clients and turned gainful in 2 years. MoneyTap works in close associations with different banks and other budgetary organizations to make the procedure easy and on-application. For more subtleties, it would be ideal if you visit MoneyTap

MoneyTap App Features

 Here’s some of MoneyTap’s features:

  • Repay Borrowed Amount via App
  • Track Transactions
  • Rewards
  • Borrow 24/7
  • Flexible EMI’s (2 to 36 Months)
  • Pre-Pay Loan
  • Borrow as Low as ₹ 3,000
  MoneyTap FAQ

Que. Which types of loan are allowed by MoneyTap

Money Tap allowed wedding expenses,education fees,personal emergencies,vacations,and other indulgences.

Que. Is Money Tap app is free for download?

Yes absolutely, Money Tap app is free to download. Infact, anyone can download it from playstore for free.

Top MoneyTap Alternatives

Afinoz is the best alternative for MoneyTap App.

 

 

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