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Mumbai, NFAPost: LoanTap, a leading digital lender today announced the launch of a new mobile application – ‘LT Plus – LoanTap Partner App’, to help their partners during the customer onboarding process.

The addition to LoanTap’s technological suite illustrates the company’s initiative in building the advanced lending platform not only for its partners but also for the end consumers, who will benefit from the fast application process.

In the second phase, the Mumbai-headquartered the company plans to build customized features and onboarding processes for over 50 brands and 300+ partners across the country.

Commenting on the development, LoanTap CEO & CO-Founder Satyam Kumar said millenials are more than just a sum of generations.

He said the company has always helped customers get hassle-free loans by providing them innovative products and believes the addition of new app will allow a seamless experience for both partners as well as the customers.

LT Plus App is a simple way to help bridge the gap between physical and digital. It allows a  LoanTap Partner to onboard a customer who’s looking for a customized loan in less than 5 minutes.

Highlighting more about the initiative, CEO-Hero Electric Sohinder Gill said the company is excited to hear the news of LT Plus – LoanTap Partner App.

“Post lockdown, we’ve seen good demand for Hero Electric e- bikes, as more and more people consider it to be a reliable, safe, and cost-effective personal mobility solution. We are expecting that LoanTap&#39s new partner App will help accelerate the consumer onboarding process for an e-bike Loan, which provides the option to pay for your e-bike in easy installments. This makes the e-bike affordable and accessible,” said Sohinder Gill.

This best-in-class LT Plus app serves as a catalyst for LoanTap’s objective of transforming the lending process by providing quick and contactless loans through robust technology. 

Ampere Electric Chief Operating Offier P Sanjeev says the company is very excited about our association with LoanTap.

With increasing pollution levels and Government’s thrust to move towards clean and sustainable mobility solutions, Ampere Electric is at the forefront of providing affordable and smooth electric two-wheeler experience for its increasing customers through various collaborations,” said P Sanjeev.

He said this partnership with LoanTap will accelerate the customer onboarding process which can be completed within 5 minutes with zero- interest EMI policy. P Sanjeev said the company is confident that together with LoanTap they can evoke significant interest amongst the e- scooter buyers in the country.”
The app includes the following Innovative Features:

  •  Easy Mobile / Email OTP based login
  • Product-based user journey
  • A simplified 5 minutes of customer onboarding process
  • A complete dashboard view of all the applications
  • The complete contactless, online process

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