MoneyTap — Required foreclosure

I have mailed several time asking for foreclosure amount but the team is not providing and when they provide the link is already expired by which we cant foreclose the loan, worst experience with this moneytap loan
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Hi, Shekar.

Apologies for the inconvenience caused to you.

We are happy to inform you that now you can foreclose your loans from the app(Android device) itself. Please follow the below steps for the same:

1. Open the app and click on the 'Menu' option on the bottom-right corner of the screen.
2. Click on the 'Loan Settling' option.
3. Click on the 'Check Eligible Loans' option.
4. Select the loan you want to foreclose on and click on 'Continue'.
5. Select the reason for the foreclosure and click on 'Submit & Continue.
6. You will be taken to the Foreclosure Summary screen which will have the foreclosure breakup and the outstanding amount to be paid.
7. Click on 'Continue to Pay'.

Once you make the payment, you will be able to check the status of the same by clicking on 'Foreclosure Status' in Loan Settling.

Note: In case you are not able to see the option of foreclosure then please re-install the app again.

Please reach out to us if you have any further concerns.

Regards
MoneyTap

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