So, How does Working capital loan work?

Any self employed professionals can avail this loan to fund the recurring business expenses incurred on a daily basis. LoanTap makes access to funds more convenient, affordable and easy for small-medium scale businesses. The worry of low liquidity in day to day business operations are no more a worry!

Why take Working Capital Loan from LoanTap?

Funds availed through LoanTap’s working capital loan can work as an extra stash of money available to run your business smoothly. LoanTap provides working capital loans to self employed professionals ranging from INR 50,000 to INR 5,00,000 for tenures as long as 36 months. Scale your business to new heights with LoanTap’s Working capital loan and enjoy quick disbursals just in 24hours!

Instant approval & disbursal

Instant approval & disbursal

Easy online process for loan sanction and fast disbursal within 24-36 hours
Flexible Repayment Option

Flexible Repayment Option

Flexibility to choose accelerated repayment option or foreclosure after 6 months of disbursal
Higher Loan Amount

Higher Loan Amount

Option to choose from amount ranging from INR 50,000 to INR 2,50,000 basis your requirement
Longer Loan Tenure

Longer Loan Tenure

Flexibility to choose longer loan tenure from 6 months to 36 months making EMIs more affordable
Minimum documents

Minimum documents

We collect only what is basic minimum documents for all our custom Business loan products
Transparent Process

Transparent Process

No hidden charges, No pre-payment charges and secured processes
Basic Eligibility Criteria for availing Working Capital Loans with LoanTap
  • Individuals with a minimum monthly income of INR 30,000
  • Indian citizens/residents who are 21 years and above
  • Individuals must have filled the latest ITR
Basic Documents required for availing Working Capital Loans with LoanTap
  • PAN Card
  • Aadhaar Card/ Driving License/Passport
  • Bank statement of last six months
  • Income tax returns of last two years

Business Loan Product Suite

LoanTap’s Business loans to meet the needs for your growing business.


AfterPay – Merchant

Working Capital Loan

Flexible Repayment options

Final installment options for a loan will be decided based on your profile and inputs.

Term Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest.

Each Installment reduces both interest and Principal amount.

Ideal when: You know the precise Loan Amount needed and your income is consistent.

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Frequently Asked Questions

A Working Capital Loan is a Business loan extended to small – medium businesses. This loan can be used to fuel businesses with liquidity for daily operations.

We need below documents for processing your loan request-

Address proof,
GST registration / Shop Act License,
6 month’s bank statement,
Latest 2 years ITR filed.

However, we might request for other documents if need arises during credit checks.

We offer working capital loans to self employed professionals from Rs 50,000 up to Rs 2,50,000. Final loan amount is decided on the basis of your eligibility and credit checks.

Any self-employed professional 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 loan amount is decided on the basis of your eligibility and credit checks.

Working Capital Loan is available in cities where LoanTap is operational. Currently we are providing our loans in Ahmedabad, Bengaluru, Bhopal, Chandigarh, Chennai, Coimbatore, Delhi NCR, Indore, Jaipur, Lucknow, Mumbai, Nagpur, Nashik, Pune, Raipur, Vadodara, Patna, Agra.

We have a very quick and efficient underwriting system which ensures that we deliver to you on time. It usually takes from 24 hours to 36 working hours; provided all documentation and credit checks are in place.

Processing fee for this loan is 2%+ applicable taxes; on the gross loan amount sanctioned.

Yes, you can make higher payments towards your loan. No charges for higher payments or foreclosure are applicable post 6 months. Within 6 months you can make part payments or foreclosure-with minimal charges applicable.

Yes, you can prepay the loan facility post 6 months of disbursement. No foreclosure charges are applicable post 6 months of loan completion, however within 6 months you can prepay your loan with minimal charges.