Three fully digital credit products built around different needs from a big personal goal to a quick online purchase to unlocking value from your investments. All with zero branch visits and full transparency.
Whether it's a medical need, home renovation, education or anything in between a fully digital personal loan that puts you in control.
Fill a simple form on any device. No paperwork, no branch visit required.
Identity and income verified using 250+ alternate data signals faster and more inclusive than traditional assessment.
See your loan amount, rate, EMI and total repayment upfront before you commit to anything.
Accept the offer and the loan amount is transferred directly to your bank account. Track your loan in real time.
Short-ticket financing embedded right at the point of purchase. Pay back in full by month-end or spread it across 3 to 6 EMIs your call.
Available seamlessly within partner platforms. No separate app download or account setup required after the first-time KYC.
Add items to your cart on any Newtap-enabled platform. At checkout, select Newtap Finance as your payment method.
Your eligibility is assessed digitally no lengthy process. If you're a first-time borrower, a one-time KYC is all that's needed.
Pick the option that fits your finances pay the full amount by end of the month, or convert to a 3–6 month EMI plan.
Your order goes through and your loan is active. Repayment reminders are sent ahead of time no surprises.
Pledge your mutual fund units as collateral and access credit without redeeming your investments. Fully digital, zero manual intervention, and governed by RBI's Loan-to-Value guidelines.
Connect your MF holdings digitally. Equity and debt mutual funds held in demat or statement of account form are eligible.
The loan amount is determined as a proportion of your fund's current NAV as per RBI's Loan-to-Value (LTV) guidelines. No manual intervention involved.
Your MF units are pledged through an entirely digital process. You retain ownership the units continue to earn returns while pledged.
Draw funds up to your limit and repay flexibly. Interest accrues only on the amount utilised. Repay to restore your pledge limit.
Unlike a redemption, pledging your MF units means your investment stays in the market continuing to grow while you access liquidity.
Estimate your monthly payment for a personal or consumption loan. Adjust the sliders to find a plan that suits you.
*Indicative estimate only. Actual EMI and charges depend on your credit profile and the loan offer extended to you.
A Personal Loan is a general-purpose loan disbursed to your bank account use it for any need (medical, travel, education, etc.) with a 3–36 month repayment tenure. A Consumption Loan is a short-ticket loan taken at the point of purchase on a partner platform, with the option to pay back by month-end or over 3–6 EMIs.
No. With Loan Against Mutual Fund, you pledge your units as collateral without redeeming them. Your investment stays in the market and continues to earn returns while you access the credit line.
The loan amount is calculated as a proportion of your mutual fund's current Net Asset Value (NAV), in accordance with the Loan-to-Value (LTV) guidelines issued by the Reserve Bank of India. The applicable LTV ratio depends on the type of fund (equity or debt) at the time of sanction.
None. The entire Loan Against Mutual Fund process from portfolio linking to pledge creation to loan sanction is fully digital with zero manual intervention required from either side.
All products are fully digital. You typically need your government ID and PAN for KYC verification. For LAMF, you'll also need to link your mutual fund portfolio. No physical document submission is required for any product.
No. All applicable charges are disclosed upfront in your loan offer before you accept. What you see is what you pay no fine print surprises.
Yes. Prepayment and foreclosure options are available across our products. The applicable terms and any charges (if any) are clearly stated in your loan agreement before you sign.
Newtap Finance products are available through our partner platforms. Connect with us to know more.