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1-tap access to instant loans
Anytime, Manytimes
- Take instant loans whenever you need, 24x7
- No repeat applications, just one-time approval needed
- Borrow as low as ₹3,000 or as high as ₹5 Lakh
- Get rewards-packed credit card for online/offline purchases
How it works
3 simple steps
and you're loan-ready!
1
Check Your Eligibility
within 2 minutes with few basic details like PAN, current address and monthly income
2
Get Approved Limit
in real-time along with the personalized interest rate based on your credit profile
3
Submit Paperless Application
100% online with info (address details, work details, etc.) and documents (proof of identity and address)
No
Bank Visits
No
Collateral
No
Paperwork
What are benefits
Use it as CASH or CARD,
it's your choice
You can get instant cash loans from LoanPass and also use the same limit with a credit card.
24x7 Instant Loans
As many times as you need via instant transfers to your bank account
Borrow as much as you need
as low as ₹3,000 to as high as ₹5 lakh, instantly.
As & whenever you want
borrow as many times as you want via instant transfers
Repay in flexible tenures
of 1 month to 36 months
Pay interest only on the amount of loan taken
irrespective of the size of the limit assigned to you
Rewarding Credit Card
Convenient online/offline purchases along with personalized offers and reward points
Interest-free period
of up to 50 days on your purchases
Easy EMIs
available on spends above ₹3,000
Get 1 Reward Point
on every ₹1,000 spent
Annual Fee Waiver
on spends of ₹1 lakh in the previous year
1+1 free movie tickets (upto ₹200) on BookMyShow per month on Weekend shows
Fuel surcharge waiver up to ₹100 per month
Earn 10% cashback on all your spends at Amazon, Grofers, Uber and Zomato; upto ₹250 a month
The Best of
Both the worlds
LoanPass combines the benefits of instant loan and credit card into one.
How to repay
Repay on your terms with flexible repayment plans
One-time repayment within 20 to 50 days
Suitable for short-term money crunches
EMI options ranging from 2 to 36 months
Suitable for short-term money crunches
No pre-payment charges
Repay completely whenever you have surplus money, without any extra charges
Instant limit top-up
Whenever you make a payment, your limit is automatically topped up by that amount
Faqs
Few most popular QUERIES
Once activated, you have an option of transferring the LoanPass amount to your registered bank account or using it directly with the credit card.
The amount can be transferred to your bank account right from your App 24x7. In the credit section on the App, select the amount and tenure as per your financial needs and money will be transferred to your bank account on a click of a button.
You can split your LoanPass limit between withdrawing to your bank account or spending using credit card as per your needs. Also, all the shopping on your credit card will be interest free until the monthly credit card payment due date.
The best thing about ET Money LoanPass is that you can get it enabled free of charge and then have instant access to this money. Once enabled, the funds can be transferred to your registered bank account instantaneously as and when you need them in future.
You will be provided with a LoanPass ranging from ₹35,000 - ₹5,00,000 depending on your eligibility criteria. However, you are free to withdraw any amount from ₹3000 up to your available credit limit.
You can choose any tenure from 1 month to 36 months.
Interest rate charged will be personalized (ranging from 13% to 18% p.a.) based on your application details and profile.
One of the great things is that interest is only charged on the amount that you transfer to your bank account and not on the entire LoanPass amount.
Yes, you can have multiple withdrawals to your bank account of different amounts and for different tenures as per your financial need. In a single transaction, you can withdraw maximum of ₹2,00,000.
Also, with every repayment of your monthly dues, the available balance tops us by the payment amount and can be used for next withdrawal.
Credit card adds an additional layer of authentication to keep your LoanPass secure. Credit card details are required to authenticate transfer of LoanPass amount to your bank account.
Also, Credit card provides you additional flexibility to use your LoanPass the way you want, by spending directly from your card. The great part is that the spends on credit card will be interest free until the monthly payment due date in addition to host of other benefits.
After you have successfully submitted your application, it will take 2-4 working days for your application to be processed. We will notify you through the app as well as by an e-mail once processing is complete. Also, for an enabled application you will receive a credit card delivered at your current address.
ET Money LoanPass works in a manner similar to your credit cards and loans when it comes to CIBIL/Credit Score. Your score will improve as and when you repay your credit amount on time and gets negatively impacted in case of missed and late payments.