So, How does LoanTap Limitless Card work?
Why take Limitless Card from LoanTap?
LoanTap’s Limitless Platinum Card offers a Buy Now Pay Later facility and also allows you to convert your outstanding dues in Easy EMIs.
Instant approval & disbursal
Flexible Repayment Option
Higher Credit Limit
Longer Tenure
Minimum documents
Transparent Process
Basic Eligibility Criteria for availing Loans with LoanTap
- Individuals with a minimum monthly income of INR 30,000
- Indian citizens/residents who are 21 years and above
Basic Documents required for availing Loans with LoanTap
- PAN Card
- Salary Slips (Last 3 months)
- Salary Account Bank Statement (3/6 months)
- Address Proof
Your card, Your Way!
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Frequently Asked Questions
Yes, both Platinum and Platinum Plus Cards are Contactless Cards.
Yes, You will receive a personalized card with your name on it.
In the case of fraudulent transactions, the cardholder should inform and raise a dispute with us immediately at -https://www.sbmbank.co.in/aboutus/contact-us.php https://loantap.in/contact-us/
In the case of fraudulent transactions, the cardholder should inform and raise a dispute with us immediately at -https://www.sbmbank.co.in/aboutus/contact-us.php https://loantap.in/contact-us/
Go to My Account and raise a service request or reach out to us at our customer service touch points as below – -https://www.sbmbank.co.in/aboutus/contact-us.php https://loantap.in/contact-us/
If you are a Platinum card holder you are eligible for an accidental cover up to 2 Lakhs and if you’re a Platinum Plus card holder you are eligible for an accidental cover up to 10 lakhs.
Limitless Card is a prepaid card where users are extended a credit limit. The credit can be used to withdraw cash from any ATM, swipe at any POS terminal or make purchases at any online merchant on a real-time basis. All spends more than Rs. 10,000 will be converted into easy EMIs for tenures ranging from 6 to 18 months.
With Platinum Card you can get a credit limit up-to Rs 1 Lakh. With Platinum Plus Card you can get a credit limit up-to Rs 3 Lakhs.
PAN Card, Aadhaar Card, Latest Salary slip, Bank Statement of salary account for the last three months.
Any individual with a monthly income more than Rs 30,000 can apply online and check eligibility at . You will need to fill in few basic information to know your basic eligibility instantly. Final credit limit will be decided on the basis of your eligibility and credit checks.
Currently you will receive a physical card. However, we are working towards providing users with a virtual card.
Kindly visit the Rupay website – https://www.rupay.co.in/faqs to know any information related to Insurance.
Limitless Card is a prepaid card where users are extended a credit limit. The credit can be used to withdraw cash from any ATM, swipe at any POS terminal or make purchases at any online merchant on a real-time basis. All spends more than Rs. 10,000 will be converted into easy EMIs for tenures ranging from 6 to 18 months.
Processing fee for Limitless Card is 2%+applicable taxes; on the gross total limit sanctioned. Also, a flat fee of Rs. 499 + GST will be charged for each time your spends are converted into EMIs.
You may visit My account on the LoanTap App and view/download the Statement of Account (SOA) to access your transaction summary.
Daily transaction limit and single transaction limit are capped at INR 1,00,000 per transaction. Whereas, daily limit for ATM transaction is INR 25,000 and daily limit for POS/Ecom transactions are INR 75,000.
With LoanTap’s Limitless card users get to repay their outstanding dues in Fixed EMIs for tenures up to 18 months at 18% to 24% per annum.
You may visit My account on the LoanTap App and view/download the Statement of Account (SOA) to access your transaction summary.
Daily transaction limit and single transaction limit are capped at INR 1,00,000 per transaction. Whereas, daily limit for ATM transaction is INR 25,000 and daily limit for POS/Ecom transactions are INR 75,000.