MoneyTap/Freo Personal Loan

Seamless Online Application Process

Highest Approval Chances

End-to-End Expert Assistance

Minimal Documentation Required

Seamless Online Application Process

Highest Approval Chances

End-to-End Expert Assistance

Minimal Documentation Required

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800+Cities across India

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Google Play Store

4.5_/5

15.5L Reviews

51M+Satisfied Customers

65+Lending Partners

800+Cities across India

Find Best Personal Loan Offers

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HDFC Bank

10 Second Disbursal*100% Digital Process*Quick Disbursal

Max Loan Amt.Upto ₹25L

Rate of Interest9.99% - 12.5%

Tenure upto1-5 Years

Processing Fee₹ 6,500

Axis Bank

Low Processing fee

Max Loan Amt.Upto ₹25L

Rate of Interest9.99% - 17.15%

Tenure uptoUpto 6 Years

Processing FeeUpto 2%

Kotak Mahindra Bank

Lowest Income requirement100% Digital Process*

Max Loan Amt.Upto ₹25L

Rate of Interest9.98% - 17.2%

Tenure upto1-5 Years

Processing Fee1.1% - 1.5%

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MoneyTap/Freo Personal Loan Interest Rates

Fees and Charges for MoneyTap/Freo Personal Loan

Types of Personal Loans from MoneyTap/Freo

MoneyTap/Freo Personal Loan Eligibility Criteria

Why Choose Paisabazaar?

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Pre-approved Offers with Instant Disbursals

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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

About MoneyTap/Freo Personal Loan

Freo or MoneyTap personal loans are offered at competitive interest rates to meet varying personal financial needs.
When applicants apply via the Paisabazaar platform they can experience a hassle-free online loan process and end-to-end expert assistance.
These personal loans require minimal documentation and are collateral-free.
MoneyTap/Freo personal loans offer flexible end-usage and repayment terms.
These personal loans have zero hidden charges and come with quick disbursals.

MoneyTap/Freo Personal Loan Highlights

Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years
Minimum monthly income: Rs 30,000

MoneyTap/Freo Personal Loan Interest Rates

The interest rates offered on MoneyTap/Freo Personal Loans start from 1.08% per month (13% p.a.). Loan applicants availing personal loans from Freo have to pay interest only on the total amount withdrawn and not on the entire loan amount. Although MoneyTap/Freo has not specified the differential personal loan interest rates offered for its schemes on the basis of their loan applicants’ credit scores, monthly income, occupation profile, etc., most lenders set the interest rates for their personal loans based on these factors.

Fees and Charges for MoneyTap/Freo Personal Loan

The fees and other charges for availing personal loans from MoneyTap/Freo are as follows:

Particulars	Rates
Processing Fees	For loan amounts between Rs. 3,000 and Rs. 5,000: Rs 199 + GST For loan amounts between Rs. 5,000 and Rs. 10,000: Rs 399 + GST For loan amounts between Rs. 10,000 and Rs. 25,000: Rs 499 + GST For loan amounts of Rs 25,000 and above: 2% of the total amount + GST
Line setup fee (one-time)	Rs. 499 + GST

Avail Personal Loan for
All Your Needs

Types of Personal Loans from MoneyTap/Freo

Marriage Loans

Purpose: MoneyTap offers personal loans to loan applicants for marriage-related expenses wherein they get a line of credit of up to Rs 5 lakh for managing both planned and unplanned expenses related to weddings
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Travel Loans

Purpose: MoneyTap provides personal loans to loan applicants to manage their travel related expenses. The lender offers a personal line of credit for up to Rs 5 lakh for its personal loan applicants to finance their vacations.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Medical Emergencies

Purpose: The lender provides personal loans to individuals wherein they get a line of credit of up to Rs 5 lakh to fund both their planned medical expenses as well as medical exigencies.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Education

Purpose: Personal loan applicants can avail a line of credit from MoneyTap for up to Rs 5 lakh, which enables them to manage the expenses of pursuing their own education or financing their children(s) education.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Buying Used Cars/Vehicles

Purpose: MoneyTap offers personal loans to prospective applicants for financing their purchase of used or pre-owned cars/vehicles with a credit line of up to Rs 5 lakh
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Buying Two Wheelers

Purpose: Personal loans from MoneyTap enable individuals to avail a credit line for up to Rs 5 lakh to purchase two-wheelers.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Buying Laptops

Purpose: MoneyTap offers personal loans to its loan applicants who wish to purchase a laptop(s) with up to Rs 5 lakh as credit line.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Buying Mobiles

Purpose: Prospective applicants looking to buy mobile phones can avail personal loans from MoneyTap (which includes a personal line of credit for up to Rs 5 lakh)
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loans for Home Renovation

Purpose: Personal loan applicants looking to renovate their residential property can avail personal loans from MoneyTap and use the loan proceeds for various purposes including home renovation, paying rent or down-payment, internal and external repairs, expanding their home, etc.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Consumer Durable Loans

Purpose: Prospective applicants can avail MoneyTap Consumer Durable Loans to purchase consumer products including home essentials like washing machine, AC, microwave, refrigerator, kitchen appliances, home entertainment system, printers, etc.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loan for Debt Consolidation

Purpose: MoneyTap offers personal loans for debt consolidation to prospective applicants looking to consolidate their multiple loan/credit card obligations into a single personal loan and reduce their overall interest costs and also save time on tracking multiple EMIs and their due dates.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

Personal Loan for Buying Used 2-wheelers

Purpose: MoneyTap offers personal loans for individuals looking to purchase used/pre-owned 2-wheelers with up to Rs 5 lakh as line of credit.
Interest Rate: 1.08% per month (13% p.a.) onwards
Loan Amount: Rs 3,000 to Rs 5 lakh
Loan Tenure: 2 months to 3 years

MoneyTap/Freo Personal Loan Eligibility Criteria

The personal loan eligibility criteria set for loan applicants availing personal loans from MoneyTap/Freo are as follows:

Minimum monthly income: Rs. 30,000 (both for salaried individuals and self-employed professionals like doctors, lawyers or business owners)
Age: 23 to 55 years
Work Experience (for salaried): At least 2 years with minimum 6 months with the current employer
Business continuity (for self-employed): Minimum 3 years in business
Should be a resident of Ahmedabad, Anand, Bengaluru, Chandigarh, Chennai, Coimbatore, Delhi, Gandhinagar, Hyderabad, Indore, Jaipur, Mumbai, Mohali, NCR, Panchkula, Pune, Rajkot, Secunderabad, Surat, Vadodara, Vijayawada or Visakhapatnam.

Documents Required for availing Personal Loans from MoneyTap/Freo

Prospective applicants should submit the following personal loan documents to avail availing personal loans from MoneyTap/Freo:

Identity proof: Driving License, Passport, Voter ID, PAN Card, Aadhaar Card
Address proof: Aadhaar Card, Driving license, Voter’s ID, Utility bills, , Passport, bank statements
Company name and email address
Details of loan applicant’s internet banking facility

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

Avail Personal Loan for
All Your Needs

FAQs

MoneyTap/Freo offers personal loans and credit cards in partnership with many banks/NBFCs, which are approved by the RBI. Therefore, prospective applicants can avail MoneyTap personal loans without worrying about the safety.

The interest rate for availing Personal Loan 2.0 from MoneyTap/Freo starts from 1.08% per month (13% p.a.). Personal loan lenders usually decide the interest rates for their loan applicants based on their credit profile, monthly income, repayment capacity, etc.

Whenever you apply for a personal loan or credit line, the lender will fetch your credit score(s) from the credit bureau(s) to evaluate your creditworthiness. As each such credit score fetch made by the lender reduce the credit score by a few points, availing personal loan from MoneyTap/Freo, or any other for that matter, may also reduce your credit score by a few points.

Applicants of MoneyTap/Freo personal loans usually have to pay additional charges like processing fees, login/administration fees, prepayment charges, late payment fees, etc. MoneyTap/Freo levies processing fees and line setup charges (one-time fees) from its personal loan borrowers.

The minimum loan amount that you can borrow for MoneyTap/Freo Personal Loans starts from Rs 3,000. The maximum loan amount for personal loans from MoneyTap/Freo can go up to Rs 5 lakh.

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What our customers say

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

Anuradha GuptaJan 21, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

Sadia KhatunJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

Ruchika TiwariJan 14, 2026

Medical Emergency thi, loan jaldi mil gya

Muhje ek medical emergency ke liye personal loan lena padha. Paisabazaar pe bht jaldi or smooth process tha. time pe kaam agaya.

Raj SinghJan 13, 2026

Compare karke sahi rate mila

Loan offers jab comapre kiya toh pata chala konse loan lene se muhje sahi mai faida hoga. Isiliye Paisabazaar muhje best laga.

Akrity PandeyJan 5, 2026

Personal loan fatfat mai mil gaya

Muhje paiso ki urgent need thi. Paisabazaar se loan jaldi or sahi rate pe mil gaya.

Riya MehraJan 5, 2026

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

Aridaman Singh ParhichaDec 11, 2025

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Written By

Vandana Punj

Reviewed By

Shamik Ghosh

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MoneyTap/Freo Personal Loan