The instant loan providers and digital products are roaming over the internet. It does provide an instant credit line to the customers. MoneyTap is one such application famous for providing quick digital loans for the amount up to Rs 5 Lac. A customer can make the repayment with a 36 months flexible EMIs option.
The company is well renowned for providing funds in case of emergency. The best part is all the documentation and application process is online. Therefore, a person does not have to visit any office or place to get the loan approved.
We have added a complete overview and ‘MoneyTap Review.’ in this article. Let’s look into the complete detail.
MoneyTap Review – Instant Personal Loan
MoneyTap is one such application that helps people avail of emergency funds online. It provides a paperless loan process. Any salaried or self-employed individual can apply for an instant loan.
Let’s look into features:
- Flexible repayment options: MoneyTap provides flexible repayment options for the loan amount. You can pay your dues in 36 months of flexible EMIs.
- Lower interest rate: MoneyTap offers the lowest interest rate to its customers. The annual interest rate is 13%.
- Quick loan approval: The online and digital process ensures quick loan approval after document verification. You will get notified within minutes of your loan.
- Minimum documentation: There is no need for hectic documents. All you need is some basic documents to apply for an instant personal loan.
- Online process: All the documentation and loan process is digital. You do not have to visit anywhere to get the documentation done.
- Collateral-free loan: It provides collateral-free loans to its customers. A customer does not have to provide any security to avail of a personal loan.
How to apply for an instant personal loan?
- Download application: To begin, one needs to download the MoneyTap application on their smartphone. It is possible to download the application from the official website.
- Complete KYC: The next step is to complete KYC. You need to upload the documents.
- Get the funds: The last step is the approval process. Once the application gets approved, you can request for an instant amount disbursal into your bank account.
The interest rate varies and it also depends on the customer’s credit profile. MoneyTap offers an attractive rate of interest of 13% per annum to its customers. There is no doubt why it comes under the best instant loan applications of 2022.
MoneyTap Customer Care
MoneyTap does not have any customer executive phone number. But, a customer can reach out to them by sending them an email at firstname.lastname@example.org. You can write down your queries and send them to customer care.
You can expect a reply within 48 working hours.
The bottom line
There is no doubt. India is evolving its loan process. MoneyTap is an application that is providing digital loans innovative to the citizens of India. It has a lot to offer its customers.
In this article, we have added complete information related to ‘MoneyTap Review.’ We have found this application perfect for taking personal loans. You can comment your view on this below.