Personal Loan

Already know your Personal Loan amount and want instant, easy and online process?

At LoanTap, we believe in fast online disbursal of Personal Loans and you will be happy to see outstanding loan reducing every month.

So, how does Personal Loan work?

We understand your emergency and therefore, have made Personal Loan available few clicks away. Besides quick disbursal, we also ensure higher loan amount with easy repayment options and desired flexibility. Check your eligibility for a Personal Loan online and instantly by getting started.

Why take Personal Loan from LoanTap?

Unplanned expense, medical emergency or any such situation can crop up unexpectedly. You may not have sufficient funds to meet this requirement. But keep your worry aside. LoanTap's Personal loan is available online, instantly and through a transparent process as you like it.
Instant approval and disbursal

Easy online process for loan sanction and fast disbursal within 24-36 hours

Flexible Re-payment

Flexibility to switch to EMI free loan , enhancement and accelerated repayment option after 6 months of disbursal

Minimum documents

We collect only what is basic minimum for all our custom personal loan products

Transparent Processes

No hidden charges, No pre-payment charges


eligibility-criteria

Eligibility Criteria for Personal Loan

1

Individuals with a minimum income of INR 30,000

2

Indian Citizens/Residents who are 21 years & above.

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

How we make loans happen in 24-36 hours

online application
Online Application

Apply online, upload basic documents or mail us

record your time
Record your time for representative visit

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

verification sanction disbursal
KYC & Fund transfer

We check documents, verify them and activate instant disbursal online

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