Comparison

LoanTap vs Fedfina Loans

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

LoanTap

Access fast, flexible personal loans designed for salaried professionals. Choose from various repayment plans to suit your financial needs and get funds quickly with minimal documentation. Apply digitally from anywhere.

Highlights
  • Fast loan disbursal (24 hours)
  • Flexible repayment plans
  • Customized personal loans
  • Minimal documentation
  • Contactless digital application
  • Multiple loan solutions
Features
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Fast, Flexible, Friendly Loans for Salaried Professionals! Avail LoanTap’s customized personal loans in 24 hours*. You can enjoy flexible repayment plans that are best suited to lower your monthly EMIs Minimum Salary Required = Rs. 30,000/month LoanTap offers personal loans for tenures between 3 months to 60 months. Our loans are both short term and long term with a minimum repayment period of 6 months (for long term loans) post which loan can be closed without any charges! At LoanTap, we give loans between INR 25,000 to INR 10,00,000. Our Interest Rates start from 18% and go up to 30% per annum depending upon products, personal circumstances, credit assessment procedures and other related factors. We charge processing fees at 2%+ applicable taxes; on the gross loan amount sanctioned. Repayment Plans offered by LoanTap - One can avail loans for various purposes like travel, wedding, medical emergency, business expansion, home renovations, purchasing a vehicle or any other financial need. Choose from a variety of personal loans and avail the benefits of Flexible repayment plans such as - Step Up - Interest only payment option for the initial 3 months, followed by fixed EMIs for the remaining tenure. EMI Free - Interest only payment every month coupled with bullet payment towards the Principal every 3/6 months. Reduces your monthly instalment by 40% Term - Repayment done via Fixed equated monthly installments. Each installment reduces both interest and principal amount. Overdraft - Interest only payments on the amount you withdraw from your sanctioned credit limit. Credit Card like facility with No restriction on withdrawals and usage. Note: Final instalment options for a loan will be decided based on your profile and inputs Reasons to download the LoanTap App: 8 reasons why should you choose LoanTap over any other lending app: 1. Lower instalments 2. Fastest turnaround time 3. Flexible repayment plan 4. No foreclosure charges # 5. Higher Loan amount 6. Higher Loan Tenure 7. Minimum documentation 8. One app for all kinds of personal loans What makes LoanTap App the best online personal loan app? 1. Easy registration 2. Easy upload of documents and eKYC 3. eAgreement and Disbursal 4. Trusted customer support Avail a contactless, completely digital personal loan with LoanTap. We simplify the loan process right from registration to disbursal. You can now avail a personal loan from the comfort of your home with the help of the Best Instant loan App. Eligibility Criteria for Loan Application: 1. Individuals with a minimum income of INR 30,000 2. Indian Citizens/Residents who are 21 years & above One App – Multiple Loan Solutions: LoanTap offers unique/flexible Credit products such as EMI Free Loan, Personal Overdraft Loan, Advance Salary Loan, Personal Loan, Wedding Loan, Holiday Loan, Credit Card Takeover Loan, Premium Bike Loan, Rental Deposit Loan, House Owner Loan, Medical loan, Vehicle loan and Short term Credit line. LoanTap’s EMI Free Loan has won “ET Now presents BFSI Most Innovative FinTech product” for the Year, 2019 Cities of Operation: • Ahmedabad • Bangalore • Bhopal • Chandigarh • Chennai • Coimbatore • Delhi NCR • Hyderabad • Indore • Jaipur • Mumbai • Pune • Raipur • Vadodara To apply for a Loan via website – http://loantap.in/apply Security and Privacy Policy: We have a highly secured & encrypted system to ensure safety of information shared by our customers. To read our privacy policy click here: https://loantap.in/privacy-security/ Terms and Conditions: LoanTap offers loans from its in-house RBI registered NBFC, LoanTap Credit Products Private Limited. For more terms and conditions, click at https://loantap.in/terms-of-use/ Please do reach out/write to us on info@loantap.in or call at +91 788 804 0000 for any other information. *: subject to credit checks #: subject to conditions

About

Fedfina Loans

Features
Read full description

Fedfina provides loan services in Gold Loan, Home Loan & Property Loan. ‘Fedfina Loans’ is the result of the commitment that we have towards our customers; therefore, we have designed this app to take a step forward in making our customers' lives easy & convenient. Customers can apply for quick loans in just 3 simple & easy steps. Why do customers love Fedfina? · Highest Loan To Value · Customer focused · 700+ Branches · 15000+ crore AUM · CRISIL (AA+(Stable) & ICRA (A1+) · AA+(Stable) INDIA Ratings All these achievements are a testimony of the trust, satisfaction & love that we have garnered over the years with the committed loan services that we offer. Our values are: E: Execution Excellence P: People Focus I : Integrity C: Customer-Centric What does the app have in store for you? · Apply for Loans · Choose from a wide variety of schemes · Locate your nearest branch from 700+ Fedfina branches · Online Payments · Calculate your EMI · Doorstep Gold Loan & more Key Highlights of the app Home: All your loan needs come to a halt at Fedfina. Explore various loan & scheme options to choose from with just a click. Branch locator: Locating for loans near me made simple with the Fedfina Branch locator. Now search for your nearest branch from a list of 700+ Fedfina branches. Doorstep Gold Loan: Apply for a Gold loan from the comfort of your home and get your gold evaluated in the privacy and safety of your home with an instant money transfer. Online Payments: It provides an instant and quick online payment option for your EMIs/dues for Gold Loan, Home Loan & Property Loan through our secure payment gateway simply by clicking the Quick Pay option Product Features for the loan: 1. Get Loans for amounts ranging from Rs.3000 to Rs.5,000,0000 2. Interest rates ranging from 11.88% per annum - 23% per annum depending on the type of loan, profile & tenure 3. Processing fees ranging from 0.25% - 4% of the disbursal amount+ applicable taxes 4. Loan tenures ranging from 11 months to 30 years (based on the type of loan) How will the loan be calculated? Equated Monthly Installment (EMI): If you have a loan of Rs.3,00,000 for 5 years at a 15% interest rate, the EMI will be Rs. 7137. The total interest paid is Rs. 128219 Note: The above calculation is just for representative purpose, interest rate & processing fees varies from product to product. Download the app now & make ‘Fedfina Loans’ your go-to companion for all your loan requirements & explore the experience we have created for you. Connect with us on: https://www.facebook.com/FedbankFinancialServices/ https://www.instagram.com/fedbankfinance/ https://www.linkedin.com/company/fedfina https://www.youtube.com/c/Fedfina-FedbankFinancialServicesLtd

Screenshots

LoanTap4 screens
Fedfina Loans4 screens

Verdict

The call

The clearest difference is update cadence: LoanTap at every 11 days against Fedfina Loans's every 2 months. On price, ads, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

LoanTap ships an update every 11 days, Fedfina Loans every 2 months. The most recent releases landed on October 24, 2026 and October 25, 2026 respectively.

Scorecard1 real difference · 9 level
LoanTap versus Fedfina Loans: the parameters behind the verdict, then further details
ParameterLoanTapFedfina Loans
PriceFreeFree
Rating5.0 (2 ratings) — better—
Positive reviews65.0% of reviews—
Number of ratings2 — better—
Update frequencyEvery 11 days — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPodiPhone, iPod
Requires iOS15.1 — better15.6
Further details — not scored
Size76 MB93 MB
Age rating4+4+
DeveloperLoantap Financial Technologies Pvt. Ltd.Fedbank Financial Services Limited

In-app purchases

None

LoanTap

No in-app purchases

None

Fedfina Loans

No in-app purchases

Questions

Is LoanTap free?
LoanTap is free to download, with no in-app purchases.
Is Fedfina Loans free?
Fedfina Loans is free to download, with no in-app purchases.
Do LoanTap or Fedfina Loans have ads?
Neither LoanTap nor Fedfina Loans shows ads.
Which is updated more often, LoanTap or Fedfina Loans?
LoanTap ships an update every 11 days, and Fedfina Loans every 2 months. Most recently, LoanTap was updated on October 24, 2026 and Fedfina Loans on October 25, 2026.

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