Moneytap - Loan and Review. Lender in New Delhi - India Loan


Логотип компании Moneytap

Rating of organization: 4/5, total votes 130.


Name of Organization Moneytap
Full Name of Organization MWYN TECH PRIVATE LIMITED
Hotline 91-80-40974095


Min. financing amount 3000 INR
Max. financing amount 500000 INR
Max. financing amount 1095 days
Loan tenure 0.04%
Approval duration The approval duration for loan applications vary depending on several factors such as the customer's credit score, the loan amount and repayment terms.

Fees & Charges

Debt consolidation Moneytap India provides a debt consolidation service which allows users to combine multiple loans into one loan with a single payment.
Processing fee Moneytap India does not charge any processing fee for loan applications or debt consolidation services. However, customers may be required to pay a nominal fee for availing additional services such as pre-payment or EMI conversion.
Stamp duty Moneytap India does not charge any stamp duty for loan applications or debt consolidation services.
Annual fee Moneytap India does not charge any annual fee for the services offered.
Other fees Moneytap India does not charge any other fees beyond the processing fee mentioned above.


Early settlement Customers who wish to close their loan before the repayment period can do so by paying the outstanding balance in full with no extra charges or penalties.
Late payment charges Early settlement of loans can also be achieved without incurring any extra charges or penalties by paying off the outstanding balance in full.
Other penalties Not provided

Additional Requirements

Need to bind a bank account No
Other details Payment on the loan occurs through a bank card


Moneytap is an innovative fintech venture in India, providing hassle-free payments, borrowing and financial management solutions for everyday life. The company was founded in 2015 by former SBI employees Bala Parthasarathy and Anuj Kacker who saw the need for a simpler way to access credit. Moneytap’s app-based services are available to users 24/7 and can be used for a variety of activities such as recharging prepaid mobile phones, paying bills, transferring money from one bank account to another and even buying groceries. Moneytap also offers personal loans up to Rs 5 lakhs with flexible repayment options at attractive interest rates.

Is Moneytap legit?

Best offers

Yes, Moneytap India is a legitimate financial technology company. It is licensed and regulated by the Reserve Bank of India (RBI), India’s central banking authority. The company has also received investments from major venture capital firms such as Sequoia Capital, Prime Venture Partners and Matrix Partners, as well as global payment giants like Mastercard and RBL Bank. Moneytap’s services are secure, transparent and compliant with the stringent standards set by RBI. The company also offers 24/7 customer support to resolve any queries or issues that may arise. This makes it one of the most trusted fintech platforms in India.

How do I get a loan?

To get a loan in Moneytap India, users must first download the Moneytap app and sign up. They will then be asked to provide their personal and banking details, which will be securely stored on the platform. Once all necessary information has been provided, users can use the app to apply for a loan of up to Rs 5 lakhs . The loan application process is fast and easy, with an instant decision given in a matter of minutes. After the loan has been approved, users can use Moneytap’s app to manage their loans and repayments in a simple and convenient way.

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)
● Original passport photo/selfie
● You can get a personal loan online on your Aadhaar card. E-sign your application with registered mobile OTP for fast-tracked application

What are the benefits of using?

Moneytap offers several advantages for its users. It provides quick access to credit, with loan applications processed in minutes and funds disbursed within 24 hours. Moneytap’s loans also come at competitive interest rates and flexible repayment options, making it an attractive option for those looking for a personal loan. The app also offers other financial services such as money transfers, bill payments and mobile recharges, making it a one-stop shop for users’ financial needs. Lastly, Moneytap has strong security measures in place to ensure that all user data is kept safe and secure.

Customer Service

For those who prefer email communication, Moneytap also has an email address – [email protected] – where users can send their queries and expect a response within 24 hours. Additionally, the company provides live chat services on its app for those who want an immediate response to their questions or concerns.

How to repay

Repaying a Moneytap loan is straightforward and convenient. Users who have taken out a loan can make payments via the Moneytap app, bank transfer, cheque or debit card. Payments can be scheduled in advance, allowing users to plan and budget for their loan repayments. Moneytap also offers flexible repayment options such as EMI (equated monthly installments) and fixed-term loans with varying repayment periods. In the event that a user is unable to make a payment on time, Moneytap offers penalty waivers and other repayment assistance options.

How to take a loan in Moneytap?

  • Fill in the application for a loan.
  • Confirm the offer. The offer is signed by an SMS code sent to your Get the solution instantly!
  • Transfer money to a bank account or card in one day!

Additional conditions for granting loans:

  • the whole process through the Internet, without leaving home;
  • for Filipino citizens who have reached the age of 21 (majority);
  • the presence of a permanent registration in the territory of the India;

Reasons for a loan denial:

  • Poor credit score
  • You are blacklisted, on debt review or had a judgement against your name
  • You don’t have enough income for the loan you requestedd
  • Poor track record of credit card or loan repayments

Address - Alpha Building, Sigma Soft Tech Park, No.7, Whitefield Road, Ramagondanahalli, Varthur, Hobli, Bangalore

Managing structure Moneytap

Founder - Unknown
Co-owner - Unknown
Hi, Im !
I know everything about the India financial market because I have been working in the financial sector for more than five years.

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