Please beware of fraudster Moneytap application which says instant money upto 5 lakhs(All bullshit) - It is actually a 10+ days process just for 1 lakh as well.
And their Rate of Interest is too high and there are several hidden charges like:
Line Setup charges of 3500++ GST
And for every time you transfer money as it says the charges for above 10, 000 Transaction are 2%+ GST
Guys it is nothing but a sister concern of RBL Bank which we usually avoid using coz of its high interest rate and too many hidden charges.
Moneytap is nothing but an app for RBL Bank Credit Card with high interest rate and many hidden charges.
Its just an eyewash as people were trying to avoid goign for RBL bank credit cards fearing the high rate of interests.
Guys I will never ever suggest you to get in trap of this app.