Selling your kidney might be a compelling option when you want to pay for the Coldplay concert or the next iPhone (that requires two kidneys and an eye) but it can be very long procedure, removing your kidney that is, and not to mention painful. Enter MoneyTap App.
India’s first app-based credit line facility that offers a quick and easy way of getting funds transferred to your account from the bank.
You can borrow as little as ₹3,000 to as much as ₹5 lacs and repay it in EMIs from a period of 2 months to 3 years without any collateral or interest. The interest is paid only on the amount used and the rates can be as low as 1.25% per month.
MoneyTap has partnered with RBL bank to deliver lighting-speed credit facilities to its customers irrespective of the time and date.
Qualified customers will need to pay a one-time fee of ₹499 + taxes in their first month bill from RBL bank and complete the KYC formalities before they are given a free MoneyTap RBL MasterCard and other benefits of this service.
MoneyTap is available to all salaried employees living in first tier metro cities like Delhi, Mumbai, Bangalore, Hyderabad and Chennai and will be soon expanding to other cities as well in the coming months.
MoneyTap is only available on Google Playstore.