First Let's Know About MoneyTap

People Frequently Ask these question when they heard about MoneyTap :-

1. What is MoneyTap ?
2. How Can it will be helpful and What benefit can a person get from this app ?
3. How can we get the benefit  of this or How we can use this app ?

So let's discuss all about these above questions.....


Get to know the team behind MoneyTap, India’s first app to offer instant online credit, making credit easily accessible to millions of Indians right when they need it, without any collateral or complex paperwork.

MoneyTap is India’s first app-based credit line. Offered in partnership with leading banks, it is not just a personal loan, not just a credit card, but a personal credit line. In simple words, MoneyTap is catering to the credit needs of middle-class customers in India. Present in 40+ cities, we are providing small-medium cash loans, quick credit on mobile, affordable interest rates and flexible EMIs.

Founded by a passionate pack of IIT/ISB alumni, MoneyTap aims to make credit accessible to the millions of Indians, who have a hard time getting credit when they need it.

For most of us, applying for a personal loan is a cumbersome process. Those who have credit cards, end up paying high interests on credit card loans. The other option of taking help from family and friends is not quite pleasant either and not everyone gets a salary advance from their employers.

This was the situation, in which one of our founders found himself and felt strongly that a faster and an affordable alternative was needed to help consumers get easy access to credit.

The MoneyTap application process is extremely consumer friendly. We are continuously striving to bring the most seamless and hassle-free credit experience to the consumers. With our no usage no interest feature, we have also made taking credit more affordable. You only pay interest only on the amount used. With the balance available to the customer at no cost, forever! We take pride in being completely transparent and do not keep any charges hidden.

With Moneytap, the process of applying for credit is dramatically simplified to a few taps on our free mobile app. Any individual, who has a smart-phone and a PAN, can check his/her eligible limit in less than 15 minutes through the app. The entire process is largely paperless except for some essential documents required to meet our partner bank’s KYC regulation.

We are team of highly motivated individuals who are driven by a goal to provide data-driven, affordable and flexible app-based credit lines to a million middle-class Indians in the next 3 years.


Kunal Varma

  • inkedIn 

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Anuj Kacker
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Bala Parthasarathy

How Can the MoneyTap Credit Line App Change Your Life?

  1. Marriage Loan
  2. Travel Loan
  3. Medical Loan
  4. Education Loan
  5. Used Car Loan
  6. Laptop Loan
  7. Two-Wheeler Loan
  8. Mobile Loan
  9. Home Renovation Loan
  10. Consumer Durable Loan
  11. Debt Consolidation Loan


Borrow as little as ₹ 3,000

Withdraw as low
as ₹ 3,000

Borrow an amount as low as ₹ 3,000 from your personal line of credit with MoneyTap.
No Usage, No Interest.

No usage,
no interest

Interest rates are applied only on the amount you borrow and not your entire approved limit.
Swipe. Tap. Convert

Big rewards with
our credit card

MoneyTap credit card brings you attractive rewards on the very first swipe along with discounts on food, fuel, and entertainment.
Real-time limit approval

Credit limit available
for a lifetime

Your credit limit is recharged as you repay your borrowed amount giving you the flexibility to withdraw multiple times.
No Guarantors

No collateral, no guarantors

Now you don’t have to sacrifice your savings or risk your valuable assets. MoneyTap's credit line app lets you access money when you need it the most without any collateral backing!

Before you apply for your personal line of credit, make sure you have the following documents handy:
  • Address Proof   (Valid Driving License / Valid Passport / Aadhar Card)

  • ID Proof  (Valid Driving License / Valid Passport /Voter's Id / Aadhar Card / Pan Card)

  • Pan Card Number

  • Your Company Name and Official Email Address

How Does MoneyTap's Personal Line of Credit Work?

Step 1 - Download the MoneyTap credit line app & register

Download from Play Store - Click Here to Download 

If You have already downloaded then don't Forget to Put Referal Code When it asked while Registeration Process 

Through a simple and secure registration process, fill up basic details such as your age, city, PAN number, income so we can determine your eligibility for a MoneyTap credit line in real-time.
It’s that simple!

Step 2 - Complete your KYC documentation - For final approval

Once you have received your pre-approved line of credit amount, we’ll schedule a KYC visit from our registered banking partners to collect your KYC documentation for final approval.

Step 3 - Start using - as cash or card with one tap!

Get Money Tapping! Once you receive the final approval, your credit line is ready to use.
Borrow as little as ₹ 3,000, or up to your approved limit, 24/7.
Use your MoneyTap credit card anywhere, anytime.
You don’t need a big brother for emergencies anymore!

Step 4 - One tap to convert to flexible EMIs

Repay your borrowed amount in flexible EMIs of 2-36 months right from the app with one tap.

Step 5 - Keep track of all your transactions

Keep track of all your transactions and details, EMIs and available credit limit right from your MoneyTap account.

Now on After Registeration on MoneyTap you have Golden Chance to earn upto 1000/- Rs. by referring your friends and relatives on MoneyTap.

Refer & Earn


How does it work?

  • Refer as many friends from the MoneyTap app using your unique invite URL or customizable referral code.

  • When your friends apply for the MoneyTap Credit Line – either by clicking on the unique link shared by you or by typing your referral code inside the app (when asked), they get linked to your invitation.

  • Once your friend submits the completed application, the app will show an approval status within minutes. If your friend is pre-approved, you get the first part of your referral reward i.e. an Amazon Gift Voucher worth Rs.100/-

  • After pre-approval, your friend has to complete his/her KYC to get a final approval from the bank. Once they get final approval, their MoneyTap Credit Line gets issued. At this stage, you get the second part of your referral reward i.e. an Amazon Gift Voucher worth Rs.400/-

  • Your friend also gets an Amazon Gift Voucher worth Rs.500/- once his/her credit line gets issued.

Terms & Conditions

  • Referred successfully: friend signing up on MoneyTap Mobile App (not applicable on web sign-ups) with your 'Referral Code' (or) by clicking your unique invite link and getting a pre-approval on completing the application

  • You will get the referral bonus of Rs.100 on your friend's pre-approval & the bumper bonus of Rs. 400 when your friend gets his/her credit line issued. If he/she cancels the application before getting line issued, you won't get bumper bonus of Rs.400

  • Your bonus earning limit is currently capped at Rs.1,00,000/-
    (Worry not, we have a surprise planned for you if you reach your maximum earning limit !! Just get in touch with us at

  • Only new accounts are eligible to participate in the referral program. Existing users must sign in with their existing account credentials (email ID & phone number) and refer their friends for earning vouchers. They can't apply the code in their existing application
    (The referral system knows if you are an existing customer or you have been invited by some friend. In case of any concerns pls contact us with your registered email ID, Referral Code, Friend's referral code so that we can help you with your concerns efficiently) 

  • The referral program is eligible only for those who download the app & apply for MoneyTap credit line

  • In case of any malpractice, MoneyTap reserves the right to block a user for participation in the program temporarily or permanently and/or cancel the existing / future referral bonuses earned. Please refer to the best practices & 'Not To Do' list

  • MoneyTap reserves the right to modify, update or close the referral program without any intimation to the participant

  • Reward (voucher) will be emailed to the user within 1 month of getting eligible for the referral bonus. The system automatically allots & distributes these vouchers. We request your patience. In case you have any concerns, please reach out to us at with your registered email ID (& your friend's registered ID or your referral code)

What Is MoneyTap?

MoneyTap is India's first app-based credit line. A 'Credit Line' lets you borrow money flexibly at your convenience. It’s like a pre-approved loan, but only much better & super convenient. MoneyTap app is available on PlayStore (more than 10 lac+ installs & 4+ rating). You can download the app and finish your application process through the app itself. It takes only 4 minutes to know your eligible credit limit. After getting pre-approved you must complete your KYC process in order to get your credit line issued & activated.

Here is the best part about MoneyTap:

You can transfer the money from MoneyTap app to your bank account and that will be considered as a personal loan or you can choose to use it like a credit card (in certain cases). If you use it as a personal loan, then UNLIKE ANY OTHER LOAN PRODUCT IN THE MARKET, the interest will only be charged on the amount used, not the whole approved amount. For instance, you get approved for Rs.30,000. And you choose to transfer (borrow) only Rs.15,000, then the interest will only be charged for Rs.15,000 only. Before transferring, you can choose your own repayment tenure i.e. EMIs of your choice (With MoneyTap you structure your own loan!!). Each time you payback the EMI your limit will be again topped up with the principal amount & it will be available for reuse again.

Who is eligible for MoneyTap? 
Salaried and self-employed professionals between 23 yrs to 64 yrs of age, and income more than or equal to Rs. 25,000/- living in select cities are eligible to apply for MoneyTap. The approval of a credit line depends on a person's credit history, banking partner's credit selection criteria & other factors. The above eligibility is just a pointer to know if you can apply or not for MoneyTap. Credit approval is solely on our bank partner's discretion.

An applicant is considered eligible only if he is residing (current address) in the following cities. List of cities where we serve :

  • Delhi NCR (Delhi, New Delhi, Ghaziabad, Faridabad, Gurgaon, Noida, Greater Noida)

  • Chandigarh, Panchkula, Mohali (Punjab),

  • Jaipur,

  • Ahmedabad, Anand, Vadodara, Gandhinagar,

  • Indore,

  • Visakhapatnam (Vizag) & Vijayawada,

  • Mumbai, Navi Mumbai, Thane, Pune,

  • Hyderabad & Secunderabad,

  • Chennai,

  • Bangalore

Things NOT to do

  • Do not promise false rewards to people
    (eg: A friend will not get a reward on signing up or creating an account on MoneyTap app. Only a friend who is successfully referred will get the reward when their line gets issued by the banking partner. Any false promises where he/she is misguided otherwise will result in a cancellation of reward benefits to both the referrer & referee)

  • Do not falsify the refer & earn information. Please ask your friend to install the app using your unique referral link. During his account creation & on-boarding, the product will be explained. 

  • Do not use MoneyTap logo without our prior written permission

  • Do not paste your 'Referral Code' on MoneyTap's brand entities (Play Store Reviews, MoneyTap Facebook, Instagram, Twitter Pages etc.)

  • Please understand that our social media pages along with our PlayStore is what keeps us connected to our audience and we cannot tolerate anything which can cause harm to it or mislead our customers. It comes across as if we are trying some amateur tactics to gain app installs, which in turn has a very bad impression on our customers. In case your referral code is found on the PlayStore reviews or Facebook posts, you will be BLOCKED PERMANENTLY with immediate effect and all your past-present-future vouchers will be CANCELLED!!
    (Refer to the example pictures below)

Why Follow These Best Practices?

We are more excited about you earning Rs.1,00,000/- than you!
And we assure you that if you follow these best practices, you will definitely earn the 1 lakh referral money! (We have a surprise planned for you once you earn this amount)

Please connect with us at - HELLO@MONEYTAP.COM in case you have any concerns.


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