Get instant approval for your line of credit of up to ₹ 5 Lakh.
Pay interest only on the amount you use.
Repay your spends in flexible EMIs while choosing a convenient payment period - 2 to 36 months!
Withdraw only as much as you need – it could be as little as ₹ 3,000 or as high as your approved limit.
Use MoneyTap’s credit card to withdraw 100% cash and get rewards every time you use your card to shop.
The only documents you need are your identity proof and address proof to start with.
Must be a full-time salaried employee with a minimum take-home salary of ₹ 30,000/monthOR
Must be a self-employed professional with an income of at least ₹ 30,000/month.(Only certain professionals like doctors, lawyers, or business owners qualify)
5 years and counting as India’s 1st app based Credit Line
Years of service
You want to get a loan for a laptop in the form of a consumer durable loan or a personal loan. Another option is to get MoneyTap's personal loan with a line of credit as a loan for a laptop.
Yes. Online lending platforms and e-commerce sites often allow you to purchase a laptop using your debit card. All you have to do is choose the option “convert into EMIs” for easy and affordable payments.
Buying a laptop from a physical store with an initial down payment is also an option. The remaining amount can be paid by EMIs with your debit card after a quick approval process and a credit score check.
EMI cards, debit cards, and personal loans are options if you want to buy a laptop on EMI without a credit card.
Also, there are several online shopping platforms and offline stores with a tie-up with financial institutes, from where you can buy a laptop on EMI without a credit card. You can make a payment through them, later converting into easy EMIs.
Depending on your preference and situation, the following are good options for students to buy laptops:
Yes, MoneyTap offers an instant personal line of credit that can be used to buy a laptop without the hassles of documentation with a quick and easy approval process.
With this personal loan from MoneyTap, you can buy the laptop of your choice and use the extra money to make other purchases as and where required.
The interest charged on laptop loans typically come at the rate of 13% - 20% in India. Depending on the applicant’s credit score, income, and the lender, the interest rates may vary. Ideally, laptop finance covers 90% of the product price for loan tenures of 3 to 36 months.
MoneyTap charges interest rates as low as 1.08%.