MoneyTap’s Personal Loan Features and Benefits:

Get a line of credit of up to ₹ 5 Lakh approved in real-time

Withdraw as little as ₹ 3,000 or what you need or as much as your approved limit

Pay interest only on the amount used and not on the entire amount approved for you

Enjoy 100% cash withdrawals with MoneyTap Credit Card 2.0

Repay your card spends in flexible EMIs as you choose the payment period that ranges anywhere from 2 months to 36 months.

You just need a valid proof of address and a government recognized ID to get started


  1. Must be a full-time salaried employee with a take-home salary of ₹ 20,000/month
    Must be a self-employed professional with an income of at least ₹ 20,000/month

    (Only certain professionals like doctors, lawyers, or business owners qualify)

  2. Must be above 23 years and below 55 years of age
  3. Must be a resident of one of the following cities:

    Ahmedabad, Anand, Bangalore, Chennai, Chandigarh, Coimbatore, Delhi, Gandhinagar, Hyderabad, Indore, Jaipur, Mumbai, Mohali, NCR, Panchkula, Pune, Rajkot, Secunderabad, Surat, Vadodara, Vijayawada, Vizag

Consumer Durable Loan Related Pages

Reasons You Are Here:

  • Need to make an immediate purchase for your home
  • Need to buy multiple electronic appliances at one time
  • You are starting afresh and need an additional source of finance
  • You are looking to upgrade your home/lifestyle
  • Want to buy the latest gadget in the market

No need to save up for years to be able to make purchases you need for your home and family to improve your quality of life. Now, with MoneyTap’s line of credit, you can simply apply for a personal loan for consumer durables and fulfil all your needs!

Products You Can Purchase Using a Consumer Durable Loan:

Home Essentials

  • Washing Machine
  • Refrigerator
  • Air Conditioner
  • Water Purifier
  • Microwave
  • Air Coolers
  • Kitchen Appliances

Digital Products

  • Smart Watches
  • Smartphone
  • Desktop
  • Laptop
  • Printer
  • Tablet
  • DSLR Camera

Home Furnishing

  • Sofas & Bedding
  • Modular Kitchen
  • Cook Tops & Hubs
  • Home Exercise Equipment
  • Smart Home Appliances
  • Home Entertainment System
  • Bathroom Fittings and Accessories

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Why Use MoneyTap to Fund Your Purchases?

  • An affordable consumer durable loan that suits your needs.
  • Freedom to apply for a higher amount for additional expenses - MoneyTap lets you save on interest rates and allows you to decide the repayment terms.
  • Get a higher credit limit approved but only use what is actually required, no need to withdraw it all at once.
  • Freedom to pay interest on the amount used and not the amount approved.

Tips to Keep in Mind When Selecting a Financing Option to Buy Consumer Durables:

  • When deciding between a consumer durable loan and a personal loan to buy big-ticket items for your home, be sure to check the interest rates before finalizing on your financing option.
  • Most consumer durable loans have extremely short payback periods as opposed to personal loans. So, if you have to make a big purchase and are strapped for cash, it is best to go for a personal loan so your repayment period is flexible.
  • Consumer durable loans only provide 80-90% of the total amount, whereas a personal loan gives you a lump sum which can be used as per your convenience.
  • When narrowing down on a financing option to purchase consumer durables, be sure to incorporate the hidden costs such as processing fees that will also be deducted from the loan amount before selecting the best consumer durable loan option on hand.

With MoneyTap’s line of credit you will have money available instantly 24x7 to use anytime, anywhere. Click below to experience its power.

Different Ways to Use MoneyTap Personal Loan 2.0