LoanTap is an online platform that provides personal loans for salaried individuals up to 10 lakhs. The company offers various types of consumer loans including EMI-based loans, EMI free loans and personal line of credit. Borrowers can also choose custom-made loan products like overdraft facility, credit card takeover loans, rental security deposit loans, advance salary loans, and consumer durable loans. For payments, the company follows an agency-based collection model and allows professionals to make flexible single and bulk payments in a cost-effective way.
PRODUCTS & SERVICES:
Online loans for salaried professionals.
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MEDICI analysts will analyze LoanTap soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the funds to lend out to more consumers. (July 2018)