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Businesswire
MoneyTap Forays Into Kolkata to Deliver Its App-Based Credit Line Services to Consumers in the ‘City of Joy’
February 14, 2019
Business Wire India
Mr. Anuj Kacker, Co-founder & COO – MoneyTap, commented, “We have been working consistently towards scaling up our infrastructure to incorporate more consumers and boost lending on the app. At the same time, we have also partnered with multiple banks and leading financial services companies to leverage their reach and expertise to serve our customers better. With our foray into Kolkata, MoneyTap is now present in all metro cities of India.”
MoneyTap’s services can be availed through its free mobile app for both Android & iOS devices (5 million+ downloads). Consumers can apply for the MoneyTap Credit Line by providing their details on the app and find out their pre-approved limit within just 4 minutes. It is a 100% online process that requires no paperwork or bank visits, everything happens on the smartphone. Once the MoneyTap Credit Line is set up, customers can transfer money to their bank accounts instantly. Moreover, they get access to funds from their credit line on the app 24×7 and can borrow it anytime, anywhere – irrespective of holidays or strikes.
Using the MoneyTap app, consumers can borrow as little as INR 3,000 or as much as their credit limit multiple times, and repay in convenient EMIs of 2-36 months. The interest is charged only on the amount borrowed, not on the total approved limit. And the rates can be as low as 1.08% per month (13% per annum). Users of the credit line don't need to pay any interest until they use their credit line. The best part is – limit also gets automatically topped up as soon as the EMIs are paid back, which means that users don’t have to apply for a new loan, but can simply borrow money from the existing credit line.
That's not all! RBL Bank, one of the banking partners of MoneyTap, also provides a complimentary credit card with 100% cash withdrawal limit along with the MoneyTap Credit Line.
To know more: https://www.moneytap.com/
Android app: https://play.google.com/store/apps/details?id=com.mycash.moneytap.app
iOS app: https://itunes.apple.com/in/app/moneytap-loan-credit-card/id1374771286
Source: Businesswire
- The app-based credit line approves consumers for a credit line up to INR 5 Lakh within minutes.
- It allows them to borrow as much as they want (as low as INR 3,000) from their limit and repay in flexible EMIs of 2 months to 3 years.
Mr. Anuj Kacker, Co-founder & COO – MoneyTap, commented, “We have been working consistently towards scaling up our infrastructure to incorporate more consumers and boost lending on the app. At the same time, we have also partnered with multiple banks and leading financial services companies to leverage their reach and expertise to serve our customers better. With our foray into Kolkata, MoneyTap is now present in all metro cities of India.”
MoneyTap’s services can be availed through its free mobile app for both Android & iOS devices (5 million+ downloads). Consumers can apply for the MoneyTap Credit Line by providing their details on the app and find out their pre-approved limit within just 4 minutes. It is a 100% online process that requires no paperwork or bank visits, everything happens on the smartphone. Once the MoneyTap Credit Line is set up, customers can transfer money to their bank accounts instantly. Moreover, they get access to funds from their credit line on the app 24×7 and can borrow it anytime, anywhere – irrespective of holidays or strikes.
Using the MoneyTap app, consumers can borrow as little as INR 3,000 or as much as their credit limit multiple times, and repay in convenient EMIs of 2-36 months. The interest is charged only on the amount borrowed, not on the total approved limit. And the rates can be as low as 1.08% per month (13% per annum). Users of the credit line don't need to pay any interest until they use their credit line. The best part is – limit also gets automatically topped up as soon as the EMIs are paid back, which means that users don’t have to apply for a new loan, but can simply borrow money from the existing credit line.
That's not all! RBL Bank, one of the banking partners of MoneyTap, also provides a complimentary credit card with 100% cash withdrawal limit along with the MoneyTap Credit Line.
To know more: https://www.moneytap.com/
Android app: https://play.google.com/store/apps/details?id=com.mycash.moneytap.app
iOS app: https://itunes.apple.com/in/app/moneytap-loan-credit-card/id1374771286
Source: Businesswire
