How to Get instant Personal Loan in low inerest Rate | credit line of up to ₹5,00,000 -sumit456L

Hello friends welcome all of you once again friends in our new post, today we will tell you that if you want to take loan online then how can you take loan from your mobile phone, then friends stay ahead in our post Before, we request you that you must read this post of ours till the end so that you can know that how you can take loan from your own mobile phone, so friends, today I am going to tell you about the loan taken from your mobile phone. Will give the same information!

MoneyTap is a Credit Line and Instant Personal Loan App in India. Get Instant approval for a credit line of up to ₹5,00,000 & pay interest only on the amount you withdraw from your balance.
Our Interest rates starting from as low as 13% per annum* for 3 to 36 months. Interest payable on the exact loan amount used from your approved credit line.

→ Salaried employees only. Minimum salary = ₹30,000 per month

What features make MoneyTap the best instant personal loan app in India?

● Borrow any amount or sum of money (starting at ₹3,000) from your approved Credit Line (of up to ₹5 Lakh)
● Pay interest only on the amount you use
● Instant personal loan without any risk
● Make UPI transactions from your credit line
● Fully digital, paperless experience
● Select your own flexible EMIs & pay later

Fees and Interest Rate

 For 1,00,000 Rs Personal Loan

* interest Rate @13% Per annum

- Processing fee (at 2%)

 = ₹2,000 + GST = ₹2,360

 - Line setup fee of ₹499+GST = ₹588/

- to be paid before starting the credit line

 - Interest = ₹7,181 - EMI = ₹8,932

Total amount to pay later 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% per annum)


Documents required

Aadhaar number
Identity proof (Driving licence/Voter ID/Passport/Aadhaar/PAN)
Address proof (Driving licence/Voter ID/Passport/Aadhaar/Utility bills/bank statements)
Passport-sized photo/Selfie
You can get a personal loan online on your Aadhaar card.

This App is India’s first credit line based instant personal loan app. We have partnered with regulated financial institutions in India, governed by RBI, & leading Indian banks and NBFCs. We own a NBFC licence as well. So, we're well regulated and legally compliant.

How To Apply on MoneyTap ? 

 Get an instant personal loan in 3 simple steps: 
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● Log on to the MoneyTap credit line app, enter information such as age, city, PAN, and income, and check your eligibility 
● Complete KYC verification, submit documents online 
● Transfer money to the bank account from the approved amount

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