Frequently Asked Questions

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Yes, we don't take any fees for opening an account.

Yes, you can send money from Moneydrop to another bank.

Get the registration form by clicking on the Sing Up button on the top bar. Provide all information and click on the Sign Up button.

No, we don't provide our account holder's information to any third-party organization.

We have several loan plans. Choose the best plan suitable for you and just click on the Apply Now button and put the amount.

We have several FDR plans. Choose the best plan suitable for you and just click on the Apply Now button and put the amount.

You’re eligible to get a loan from us, if you: 1. Are 18 – 59 years old 2. Have a verifiable source of income 3. Live and / or work in cities where we operate. 4. Have a savings or current bank account with any commercial bank

We will make you multiple offers which you can adjust and select which amount and tenure best suits your needs.

You can apply again in 15 - 30 days, we’ll usually tell you how long to wait and remind you when you can reapply

We need your 6 months bank statement, a valid government-issued ID card and a utility bill. We’ll collect these conveniently online so please go ahead and start your application now.

You can always change your personal details via your dashboard. If you find it difficult to make any changes, kindly send us an email at help@moneydrop.au with your personal details and why you want to make the changes.

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