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Personal Loan

Instant Personal Loan Online with MoneyTap

Get quick and easy personal loans up to ₹5,00,000 for 2-36 months. MoneyTap offers instant loans through our mobile app with minimum documentation and approval within minutes

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Learn how Instant Personal Loan works

What is MoneyTap Personal Loan?

Now you can get an instant MoneyTap Personal Loan of up to ₹5 Lakh without any collateral or guarantors. Use this money for travel plans, mobile phones, medical emergencies, weddings, education loans, home renovation, and more.

MoneyTap Personal Loans start at an interest rate of 1.08% per month (13% per annum). The best part is, you can get an approved credit limit of up to ₹5 Lakh, but you don’t have to pay any interest until you transfer this money to your bank account. What’s better? You don’t even have to transfer the entire amount at once; you can borrow only as much as you need from your limit. The interest will be charged only on the used amount. Repay when it’s convenient for you by choosing flexible EMI options of 2-36 months.

Apply with 3 easy steps

Download the MoneyTap app

Fill in your

details

Fill in your details

Fill in your

details

Get approved within minutes

MoneyTap is India’s first and most trusted app-based credit line loan. More than 10 Million people have downloaded the MoneyTap app.

Experience quick, easy, and hassle-free digital loan approval with MoneyTap’s new generation Personal Loan 2.0 and get your loan approved within minutes!

Benefits of Using MoneyTap Personal Loan

Instant Approval

Borrow in Parts

Save on interests

Doubles as a Credit Card

Flexible Repayments

All in one App

Credit Line

Personal loan

Instant Approval

Borrow in Parts

Low Interest

Doubles as a Credit Card

Flexible Repayments

All in one app

Credit Line

Instant Approval

Borrow in Parts

Low Interest

Doubles as a Credit Card

Flexible Repayments

All in one app

Credit Line

Personal loan

Instant Approval

Borrow in Parts

Low Interest

Doubles as a Credit Card

Flexible Repayments

All in one app

Eligibility Criteria

Must be a full-time salaried employee with a minimum take-home salary of ₹30,000/month

or

Must be a self-employed professional with an income of at least ₹30,000/month.

(Only certain professionals like doctors, lawyers, or business owners qualify)

Must be above 23 years and below 55 years of age

Must be a resident of one of the following cities:

View city list

View More

Required Documents

Pan Card Number

Professional Selfie

To be taken on the MoneyTap App

Address Proof

Valid Driving License / Valid Passport / Aadhar Card

ID Proof

Valid Driving License / Valid Passport / Voter’s ID / Aadhar Card / Pan Card

View More

Our journey so far

5 years and counting as India’s 1st app based Credit Line

1.1M

Happy faces

252K

Loans disbursed

5

Years of service

10M+

Downloads

Different Ways to Use MoneyTap Personal Loan 2.0

Marriage Loan

Travel Loan

Fill in your details

Travel Loan

Medical Loan

Education Loan

Used Car Loan

Fill in your details

Used Car Loan

Two-Wheeler Loan

Mobile Loan

Home Renovation Loan

Fill in your details

Home Renovation Loan

Consumer Durable Loan

Laptop Loan

Debt Consolidation Loan

Fill in your details

Debt Consolidation Loan

Used Two-Wheeler Loan

How to apply for Personal Loan 2.0

Step 1

Download MoneyTap App & Register

Fill up basic details such as age, city, PAN number, & income so we can determine your eligibility.

Step 2

KYC documentation

After the approval from our system, we’ll schedule a KYC visit to your house / office to collect documents.

Step 3

Transfer Money to your Bank

Step 1

Download MoneyTap App & Register

Fill up basic details such as age, city, PAN number, & income so we can determine your eligibility.

Step 2

KYC documentation

After the approval from our system, we’ll schedule a KYC visit to your house / office to collect documents.

Step 3

Transfer Money to your Bank

Step 1

Download MoneyTap
App & Register

Fill up basic details such as age, city, PAN number, & income so we can determine your eligibility.

Step 2

KYC documentation

After the approval from our system, we’ll schedule a KYC visit to your house / office to collect documents.

Step 3

Transfer Money to your Bank

Credit line is ready to use! From the approved limit, transfer as much money as you need to your bank account.

Step 1

Download MoneyTap App & Register

Fill up basic details such as age, city, PAN number, & income so we can determine your eligibility.

Step 2

KYC documentation

After the approval from our system, we’ll schedule a KYC visit to your house / office to collect documents.

Step 3

Transfer Money to your Bank

Navjyoti

You can have credit cards but you have to pay hefty interest rates if you want to use them as a loan. You need to go for a personal loan if you need cash. But MoneyTap credit has a kind of 2-in-1 facility that lets you withdraw cash when you need it and change it to EMI as well [with lower interest rates]. I think it's really helpful and unique.

Julen

The best feature on the app is instant feedback. You say "thank you" and it replies "welcome" - its' all done by the app. I have not seen this kind of intelligence in any other app. Absolutely love it.

N Cavin Misao

I was short of Rs. 30,000 for the down payment on my car. I used MoneyTap and got the money immediately. Thank you.

Navjyoti

You can have credit cards but you have to pay hefty interest rates if you want to use them as a loan. You need to go for a personal loan if you need cash. But MoneyTap credit has a kind of 2-in-1 facility that lets you withdraw cash when you need it and change it to EMI as well [with lower interest rates]. I think it's really helpful and unique.

Julen

The best feature on the app is instant feedback. You say "thank you" and it replies "welcome" - its' all done by the app. I have not seen this kind of intelligence in any other app. Absolutely love it.

N Cavin Misao

I was short of Rs. 30,000 for the down payment on my car. I used MoneyTap and got the money immediately. Thank you.

Navjyoti

You can have credit cards but you have to pay hefty interest rates if you want to use them as a loan. You need to go for a personal loan if you need cash. But MoneyTap credit has a kind of 2-in-1 facility that lets you withdraw cash when you need it and change it to EMI as well [with lower interest rates]. I think it's really helpful and unique.

Julen

The best feature on the app is instant feedback. You say "thank you" and it replies "welcome" - its' all done by the app. I have not seen this kind of intelligence in any other app. Absolutely love it.

N Cavin Misao

I was short of Rs. 30,000 for the down payment on my car. I used MoneyTap and got the money immediately. Thank you.

Navjyoti

You can have credit cards but you have to pay hefty interest rates if you want to use them as a loan. You need to go for a personal loan if you need cash. But MoneyTap credit has a kind of 2-in-1 facility that lets you withdraw cash when you need it and change it to EMI as well [with lower interest rates]. I think it's really helpful and unique.

Julen

The best feature on the app is instant feedback. You say "thank you" and it replies "welcome" - its' all done by the app. I have not seen this kind of intelligence in any other app. Absolutely love it.

N Cavin Misao

I was short of Rs. 30,000 for the down payment on my car. I used MoneyTap and got the money immediately. Thank you.

Get the app for a seamless application process

Get it on playstore

Get it on appstore

MoneyTap's Personal Loan is
Now Available Across India

MoneyTap Personal Loan FAQs

What is a personal loan?

Is it a good idea to get a personal loan?

What factors should you consider before applying for a personal loan?

Will I get a personal loan if I don’t have a bank account?

What is the difference between a secured and unsecured loan?

What is the difference between reducing and flat interest rates?

Am I eligible for MoneyTap's Personal Loan 2.0?

What is the interest rate that will be charged on my MoneyTap Personal Loan 2.0?

Will taking MoneyTap's Personal Loan affect my credit score?

Will my EMI be auto-debited from my bank account?

Foreclosure vs part-payment, what is the difference between the two?

Do I have to provide any security, collateral or a guarantor’s details to gain approval on my MoneyTap Personal Loan 2.0?

Do I need a guarantor to take a personal loan?

Do I need a collateral to take a personal loan?

What is MoneyTap’s Personal Loan 2.0?

What are the different types of personal loans that MoneyTap offers?

How does MoneyTap's Personal Loan 2.0 work?

What are the key documents required when applying for Moneytap’s Personal Loan 2.0?

Are there any extra charges applicable when applying for a Personal Loan?

Are Personal Loans from MoneyTap hard to get?

What is the minimum and maximum amount that I can borrow from MoneyTap?

What are the different repayment tenure options available for MoneyTap's Personal Loan 2.0?

How can I repay my MoneyTap Personal Loan 2.0?

How long does it take to get approved for a Personal Loan 2.0 from MoneyTap?

How much time does it take to process my Personal Loan 2.0 from MoneyTap?

How do I keep track of my transactions done regarding MoneyTap's Personal Loan 2.0? For example bank statements or transactions?

Is it necessary to download the MoneyTap app to get a Personal Loan?

Will banks check my CIBIL Score before processing a Personal Loan?

What is the best way to contact MoneyTap?

How much of a Personal Loan can I get?

Is my data safe with MoneyTap?

For what durations are MoneyTap Personal Loans granted?

Can I apply for a Personal Loan without my PAN and Aadhaar Card?

What is MoneyTap’s processing fee?

Can I get a Personal Loan for business purposes?

What if I miss/do not pay on my scheduled Personal Loan EMIs?