30 Best Instant Personal Loan Apps In India
30 Best Instant Personal Loan Apps In India
Traditional banks take a long time to process personal loan applications, and money lenders are known to charge high-interest rates making the process very dubious. In this whole financial setup, personal loan apps have emerged as an excellent idea to provide safe and hassle-free immediate cash loan in India within 1-hour.
Instant personal loan apps have changed the way we access funds. With plenty of options available in the market, choosing the best instant loan apps can be tricky. In this article, we have handpicked the best instant personal loan app in India 2024.
List of Personal Loan Apps in India
MoneyTap
Starts at 13%
Interest Rate
₹3,000 to ₹5 lakh
Loan Amount
4.1
App Rating
2 to 36 months
Tenure
Dhani
Starts at 13.99%
Interest Rate
₹1,000 to ₹15 lakh
Loan Amount
App Rating
3.3
Tenure
3 to 24 months
IndiaLends
Starts at 10.25%
Interest Rate
Loan Amount
₹15,000 to ₹50 lakh
Tenure
12 to 60 months
App Rating
4
KreditBee
Upto 29.95%
Interest Rate
Loan Amount
₹1,000 to ₹4 lakh
App Rating
4.5
Tenure
Upto 24 months
NIRA
Interest Rate
Starts at 24%
Loan Amount
₹10,000 to ₹1 lakh
Tenure
3 to 12 months
App Rating
4.3
Tenure
3 to 18 months
App Rating
3.7
CASHe
Interest Rate
Starts at 30%
Loan Amount
₹1000 to ₹4 lakh
moneyview
Interest Rate
Starts at 10%
Loan Amount
₹5,000 to ₹10 lakh
Tenure
Upto 60 months
App Rating
4.7
FIBE
Interest Rate
Starts at 12%
Loan Amount
₹8,000 to ₹10 lakh
Tenure
3 to 36 months
App Rating
4.4
Smart Coin
Interest Rate
Starts at 18%
Loan Amount
₹1,000 to ₹5 lakh
Tenure
2 to 24 months
App Rating
4.1
Home Credit
Interest Rate
Starts at 19%
Loan Amount
₹10,000 to ₹5 lakh
Tenure
12 to 48 months
App Rating
4.4
Lazy Pay
Interest Rate
Starts at 15%
Loan Amount
₹10,000 to ₹5 lakh
Tenure
3 to 24 months
App Rating
4.4
mPokket
Interest Rate
Starts at 24%
Loan Amount
₹500 to ₹45,000
Tenure
Max 90 days
App Rating
4.4
Flex Salary
Interest Rate
Starts at 18%
Loan Amount
Up to ₹2 lakh
Tenure
10 to 36 months
App Rating
4.5
Bajaj Finserv
Interest Rate
Starts at 11%
Loan Amount
Up to ₹50 lakh
Tenure
12 to 72 months
App Rating
4.5
Pay Me
Interest Rate
Starts at 18%
Loan Amount
₹500 to ₹5 lakh
Tenure
3 to 24 months
App Rating
3.9
Loan Tap
Interest Rate
Starts at 12%
Loan Amount
₹50,000 to ₹10 lakh
Tenure
6 to 60 months
App Rating
3.6
Pay Sense
Interest Rate
Starts at 14%
Loan Amount
₹5,000 to ₹5 lakh
Tenure
3 to 48 months
App Rating
3.7
Rupee Redee
Interest Rate
Starts at 30%
Loan Amount
₹1,000 to ₹25,000
Tenure
3 to 6 months
App Rating
2.8
Stashfin
Interest Rate
Starts at 11.99%
Loan Amount
₹1000 to ₹5 lakh
Tenure
3 to 36 months
App Rating
3.8
Credy
Interest Rate
Starts at 12%
Loan Amount
Up to ₹1 lakh
Tenure
3 to 12 months
Upwards
Interest Rate
Starts at 18%
Loan Amount
Up to ₹5 lakh
Tenure
Up to 60 months
App Rating
3.4
SMFG India Credit
Interest Rate
Starts at 13%
Loan Amount
₹50,000 - ₹25 lakh
Tenure
12 to 60 months
App Rating
2.2
Navi
Interest Rate
Starts at 9.9%
Loan Amount
Up to ₹20 lakh
Tenure
Upto 72 months
App Rating
4.3
Jupiter Money
Interest Rate
Starts at 26%
Loan Amount
Upto ₹5 lakh
Tenure
3 to 24 months
App Rating
4.4
Finnable
Interest Rate
Starts at 16%
Loan Amount
Upto ₹10 lakh
Tenure
3 to 48 months
App Rating
4.2
Buddy Loan
Interest Rate
Starts at 11.99%
Loan Amount
₹10,000 to ₹15 lakh
Tenure
6 months to 5 years
App Rating
4.5
Payme India
Interest Rate
Starts at 18%
Loan Amount
Upto ₹5 lakh
Tenure
Upto 24 months
App Rating
3.7
True Balance
Interest Rate
Starts at 28.8
Loan Amount
₹5,000 to ₹1.25 Lakh
Tenure
3 to 12 months
App Rating
4.1
Pocketly
Interest Rate
Starts at 24%
Loan Amount
₹500 to ₹50,000
Tenure
1 to 6 months
App Rating
4.2
List of Personal Loan Apps in India
App
Interest Rate
Loan Amount
Tenure
App Rating
Download
App
Starts at 12%
Up to ₹1 lakh
3 to 12 months
Data Source: Google Play Store and respective apps’ websites. (Last checked – 5th Sep, 2024)
Data Source: Google Play Store and respective apps’ websites. (Last checked – 5th Sep, 2024)
When you are in urgent need of a quick cash loan, there are very few options available. One is to seek a personal loan from traditional banks, which can be a time-consuming process requiring a lot of paperwork and multiple document submissions.
The other option is taking a loan through a credit card, but interest rates are extremely high. Asking your friends or relatives for money is another option, but it can be embarrassing. And not everyone is lucky enough to get a salary advance loan in India from their employers. So, the best option for a quick cash loan in India is through personal loan apps. The internet has revolutionised the way India works. Today you can purchase anything from vegetables to a Smart TV and more, sitting in the comfort of your home. The situation is no different if you need fast and easy instant personal loans in India. There are the best instant loan apps in India, which can make your personal loan process a lot easier and more convenient. You can apply online with the requisite scanned documents, and the loan amount can be delivered to your doorstep or credited to your bank account, depending on your convenience.
Dhani
Starts at 13.99%
Interest Rate
₹1,000 to ₹15 lakh
Loan Amount
App Rating
3.3
Tenure
3 to 24 months
MoneyTap
Interest Rate
Starts at 13%
Loan Amount
₹3,000 to ₹5 lakh
App Rating
2 to 36 months
Tenure
4.1
List of Personal Loan Apps in India
IndiaLends
Starts at 10.25%
Interest Rate
Loan Amount
₹15,000 to ₹50 lakh
Tenure
12 to 60 months
App Rating
4
KreditBee
Upto 29.95%
Interest Rate
Loan Amount
₹1,000 to ₹4 lakh
App Rating
4.5
Tenure
Upto 24 months
NIRA
Interest Rate
Starts at 24%
Loan Amount
₹10,000 to ₹1 lakh
Tenure
3 to 12 months
App Rating
4.3
Tenure
3 to 18 months
App Rating
3.7
CASHe
Interest Rate
Starts at 30%
Loan Amount
₹1000 to ₹4 lakh
moneyview
Interest Rate
Starts at 10%
Loan Amount
₹5,000 to ₹10 lakh
Tenure
Upto 60 months
App Rating
4.7
FIBE
Interest Rate
Starts at 12%
Loan Amount
₹8,000 to ₹10 lakh
Tenure
3 to 36 months
App Rating
4.4
Smart Coin
Interest Rate
Starts at 18%
Loan Amount
₹1,000 to ₹5 lakh
Tenure
2 to 24 months
App Rating
4.1
Home Credit
Interest Rate
Starts at 19%
Loan Amount
₹10,000 to ₹5 lakh
Tenure
12 to 48 months
App Rating
4.4
Lazy Pay
Interest Rate
Starts at 15%
Loan Amount
₹10,000 to ₹5 lakh
Tenure
3 to 24 months
App Rating
4.4
mPokket
Interest Rate
Starts at 24%
Loan Amount
₹500 to ₹45,000
Tenure
Max 90 days
App Rating
4.4
Flex Salary
Interest Rate
Starts at 18%
Loan Amount
Up to ₹2 lakh
Tenure
10 to 36 months
App Rating
4.5
Bajaj Finserv
Interest Rate
Starts at 11%
Loan Amount
Up to ₹50 lakh
Tenure
12 to 72 months
App Rating
4.5
Pay Me
Interest Rate
Starts at 18%
Loan Amount
₹500 to ₹5 lakh
Tenure
3 to 24 months
App Rating
3.9
Loan Tap
Interest Rate
Starts at 12%
Loan Amount
₹50,000 to ₹10 lakh
Tenure
6 to 60 months
App Rating
3.6
Pay Sense
Interest Rate
Starts at 14%
Loan Amount
₹5,000 to ₹5 lakh
Tenure
3 to 48 months
App Rating
3.7
Rupee Redee
Interest Rate
Starts at 30%
Loan Amount
₹1,000 to ₹25,000
Tenure
3 to 6 months
App Rating
2.8
Stashfin
Interest Rate
Starts at 11.99%
Loan Amount
₹1000 to ₹5 lakh
Tenure
3 to 36 months
App Rating
3.8
Credy
Interest Rate
Starts at 12%
Loan Amount
Up to ₹1 lakh
Tenure
3 to 12 months
Upwards
Interest Rate
Starts at 18%
Loan Amount
Up to ₹5 lakh
Tenure
Up to 60 months
App Rating
3.4
SMFG India Credit
Interest Rate
Starts at 13%
Loan Amount
₹50,000 - ₹25 lakh
Tenure
12 to 60 months
App Rating
2.2
Navi
Interest Rate
Starts at 9.9%
Loan Amount
Up to ₹20 lakh
Tenure
Upto 72 months
App Rating
4.3
Jupiter Money
Interest Rate
Starts at 26%
Loan Amount
Upto ₹5 lakh
Tenure
3 to 24 months
App Rating
4.4
Finnable
Interest Rate
Starts at 16%
Loan Amount
Upto ₹10 lakh
Tenure
3 to 48 months
App Rating
4.2
Buddy Loan
Interest Rate
Starts at 11.99%
Loan Amount
₹10,000 to ₹15 lakh
Tenure
6 months to 5 years
App Rating
4.5
Payme India
Interest Rate
Starts at 18%
Loan Amount
Upto ₹5 lakh
Tenure
Upto 24 months
App Rating
3.7
True Balance
Interest Rate
Starts at 28.8
Loan Amount
₹5,000 to ₹1.25 Lakh
Tenure
3 to 12 months
App Rating
4.1
Pocketly
Interest Rate
Starts at 24%
Loan Amount
₹500 to ₹50,000
Tenure
1 to 6 months
App Rating
4.2
Data Source: Google Play Store and respective apps’ websites. (Last checked – 6th Aug, 2024)
When you are in urgent need of a quick cash loan, there are very few options available. One is to seek a personal loan from traditional banks, which can be a time-consuming process requiring a lot of paperwork and multiple document submissions.
The other option is taking a loan through a credit card, but interest rates are extremely high. Asking your friends or relatives for money is another option, but it can be embarrassing. And not everyone is lucky enough to get a salary advance loan in India from their employers. So, the best option for a quick cash loan in India is through personal loan apps. The internet has revolutionised the way India works. Today you can purchase anything from vegetables to a Smart TV and more, sitting in the comfort of your home. The situation is no different if you need fast and easy instant personal loans in India. There are the best instant loan apps in India, which can make your personal loan process a lot easier and more convenient. You can apply online with the requisite scanned documents, and the loan amount can be delivered to your doorstep or credited to your bank account, depending on your convenience.
Best Instant Personal Loan Apps in India
1
MoneyTap
MoneyTap
MoneyTap is revolutionising personal loans in India with its app-based credit line. The unique no-usage-no-interest feature ensures affordability, as users only pay interest on the amount utilised. Serving major cities like Delhi NCR, Mumbai, Bangalore, Hyderabad, and Chennai, as well as 30+ other Indian cities, MoneyTap provides a flexible credit line.
Let’s understand the MoneyTap experience with an example.
Imagine Arjun is approved for a ₹1 lakh credit line but only uses ₹50,000. Unlike traditional loans charging interest on the entire amount, MoneyTap charges interest solely on the used ₹50,000. At a 13% interest rate, Arjun pays only ₹56,500 at the end of the year compared to the hefty ₹113,000 he would have had to pay with a traditional personal loan.
Instant Approval: Get online approval in 4 minutes with minimal documentation.
Borrow in Parts: Borrow any amount from ₹3,000 up to your approved credit limit, paying interest only on what you use.
Save on Interest: Interest is charged solely on the used amount, starting as low as 1.08% per month.
Doubles as a Credit Card: Enjoy a complimentary MoneyTap-RBL Credit Card for flexible spending.
Flexible Repayments: Choose from 2-36 months EMI options for convenient repayments.
Manage Everything Through an App: Easily handle credit, repayments, and fund transfers through a user-friendly mobile app.
MoneyTap is revolutionising personal loans in India with its app-based credit line. The unique no-usage-no-interest feature ensures affordability, as users only pay interest on the amount utilised. Serving major cities like Delhi NCR, Mumbai, Bangalore, Hyderabad, and Chennai, as well as 30+ other Indian cities, MoneyTap provides a flexible credit line.
Let’s understand the MoneyTap experience with an example.
Imagine Arjun is approved for a ₹1 lakh credit line but only uses ₹50,000. Unlike traditional loans charging interest on the entire amount, MoneyTap charges interest solely on the used ₹50,000. At a 13% interest rate, Arjun pays only ₹56,500 at the end of the year compared to the hefty ₹113,000 he would have had to pay with a traditional personal loan.
Instant Approval: Get online approval in 4 minutes with minimal documentation.
Borrow in Parts: Borrow any amount from ₹3,000 up to your approved credit limit, paying interest only on what you use.
Save on Interest: Interest is charged solely on the used amount, starting as low as 1.08% per month.
Doubles as a Credit Card: Enjoy a complimentary MoneyTap-RBL Credit Card for flexible spending.
Flexible Repayments: Choose from 2-36 months EMI options for convenient repayments.
Manage Everything Through an App: Easily handle credit, repayments, and fund transfers through a user-friendly mobile app.
2
Dhani
Moneyview
Dhani, known as the “phone se loan app,” offers a seamless online process, allowing users to apply for personal loans ranging from ₹1,000 to ₹15 lakh with instant disbursal to their bank accounts. The competitive interest rates starting at 13.99% per annum make it an accessible and quick financial solution.
Completely Online Process: Dhani ensures a seamless loan application process, entirely online for user convenience.
Loans from ₹1,000 to ₹15 lakh: Dhani offers a flexible borrowing range, accommodating diverse financial needs.
Interest Rates Starting at 13.99% p.a.: Competitive starting interest rates make Dhani an attractive financial solution.
Tenure Ranging from 3 Months to 24 Months: Users have the flexibility to choose repayment tenures according to their preferences.
Money in Your Bank Instantly: Dhani stands out for its instant disbursal, ensuring quick access to approved loan amounts.
moneyview’s personal loan app guarantees a paperless, fast, easy, and flexible borrowing experience. Offering loan amounts from ₹5,000 to ₹10 lakh and a repayment period extending up to 5 years, Moneyview ensures flexibility, quick disbursals, and affordable interest rates.
Flexible Loan Amount : moneyview accommodates diverse financial needs with a wide range of loan amounts.
Disbursal in Minutes : The app’s efficient process ensures rapid disbursal of approved loan amounts.
Collateral-Free Loans : Moneyview removes the need for collateral, simplifying the borrowing process.
Affordable Interest Rates : Borrowers benefit from competitive interest rates, ensuring cost-effective repayments.
3
IndiaLends
IndiaLends
IndiaLends is a versatile cash loan app that provides instant personal loans, credit cards, and free credit reports. With low starting interest rates at 10.25% p.a., the app streamlines documentation, ensuring quick loan disbursal within 48 hours. Users can easily compare offers from over 70 RBI-approved lenders.
Personal Loans Starting at 10.25% Interest Rate: IndiaLends provides personal loans with competitive starting interest rates, making it a cost-effective option.
Minimal Documentation: Streamlined documentation processes simplify the loan application for users.
70+ RBI Approved Lenders: Users can conveniently compare and choose from a variety of pre-qualified loan offers.
No Hidden Charges, No Hidden Information: IndiaLends promotes transparency by ensuring no hidden charges or undisclosed information.
4
KreditBee
KreditBee
KreditBee, catering to young professionals, offers a seamless 100% online, collateral-free personal loan process. With instant loan options from ₹1,000 to ₹5 lakh, 24×7 availability, and a quick disbursal time of 10 minutes, KreditBee ensures hassle-free documentation. Users benefit from attractive interest rates ranging from 1.02% to 2.49% per month.
100% Online Collateral-free Personal Loan: KreditBee’s online process ensures a hassle-free, collateral-free experience.
Instant Loan Range from ₹1,000 to ₹5 lakh: Users can access a wide range of instant loan options catering to different financial needs.
Available 24×7: KreditBee’s round-the-clock availability offers users the flexibility to apply for loans at their convenience.
Hassle-Free Documentation: The loan application process is made easy with KreditBee’s simplified documentation.
Loan Disbursal in Just 10 Minutes: KreditBee excels in quick disbursal, addressing users’ financial needs promptly.
Interest from 1.02% – 2.49% p.m.: Attractive interest rates starting from 1.02% per month make KreditBee a cost-effective borrowing option.
KreditBee, catering to young professionals, offers a seamless 100% online, collateral-free personal loan process. With instant loan options from ₹1,000 to ₹5 lakh, 24×7 availability, and a quick disbursal time of 10 minutes, KreditBee ensures hassle-free documentation. Users benefit from attractive interest rates ranging from 1.02% to 2.49% per month.
100% Online Collateral-free Personal Loan: KreditBee’s online process ensures a hassle-free, collateral-free experience.
Instant Loan Range from ₹1,000 to ₹5 lakh: Users can access a wide range of instant loan options catering to different financial needs.
Available 24×7: KreditBee’s round-the-clock availability offers users the flexibility to apply for loans at their convenience.
Hassle-Free Documentation: The loan application process is made easy with KreditBee’s simplified documentation.
Loan Disbursal in Just 10 Minutes: KreditBee excels in quick disbursal, addressing users’ financial needs promptly.
Interest from 17.00% - 29.95% pa : Attractive interest rates starting from 1.02% per month make KreditBee a cost-effective borrowing option.
5
NIRA
Dhani
NIRA, a FinTech company, provides a line of credit to salaried professionals with a loan range from ₹10,000 to ₹1 lakh and a flexible tenure of 3 months to 1 year. Interest rates depend on the borrowed amount and repayment timing.
Loan Amount – ₹5,000 to ₹1,50,000: NIRA offers a diverse loan range catering to various financial needs.
Minimum Annual Percentage Rate (APR) – 24%: Ensuring transparency, NIRA maintains a minimum APR for borrowers.
Maximum Annual Percentage Rate – 36% (reducing balance): NIRA’s reducing balance approach caps the maximum APR for cost-effectiveness.
Minimum Repayment Period – 91 Days: Borrowers benefit from a reasonable minimum repayment period.
Maximum Repayment Period – 24 Months: The flexible maximum repayment period accommodates varying financial situations.
Dhani, known as the “phone se loan app,” offers a seamless online process, allowing users to apply for personal loans ranging from ₹1,000 to ₹15 lakh with instant disbursal to their bank accounts. The competitive interest rates starting at 13.99% per annum make it an accessible and quick financial solution.
Completely Online Process : Dhani ensures a seamless loan application process, entirely online for user convenience.
Loans from ₹1,000 to ₹15 lakh: Dhani offers a flexible borrowing range, accommodating diverse financial needs.
Interest Rates Starting at 13.99% p.a.: Competitive starting interest rates make Dhani an attractive financial solution.
Tenure Ranging from 3 Months to 24 Months: Users have the flexibility to choose repayment tenures according to their preferences.
Money in Your Bank Instantly: Dhani stands out for its instant disbursal, ensuring quick access to approved loan amounts.
6
CASHe
Bajaj Finserv
CASHe, an app-based digital lending platform, specialises in short-term personal loans for salaried individuals. With loan amounts from ₹1,000 to ₹4 lakh, CASHe promises quick disbursals, flexible loan tenures, and collateral-free borrowing.
No Restrictions on Fund Usage: CASHe allows users the freedom to utilize loan funds for any purpose.
Quick Disbursals: The platform ensures swift approval and disbursal, meeting urgent financial needs.
Flexible Loan Tenures: Borrowers can choose from various repayment durations according to their capacity.
No Collaterals Needed: CASHe’s collateral-free approach simplifies the loan application process.
Bajaj Finserv offers instantly approved and disbursed personal loans within 24 hours. Tailored for specific groups, these collateral-free loans provide flexibility and convenience in borrowing.
3 Unique Variants: Personalized loan variants to suit individual needs.
Loan – Up To ₹40 Lakh: High loan limit catering to various financial requirements.
Tenure – Up To 96 Months: Flexible repayment tenure options for affordability.
Approval in Just 5 Minutes: Quick loan approval process for time-sensitive needs.
Money in Your Account in 24 Hours: Swift disbursal ensures timely access to funds.
No Guarantor/Collateral Needed: Hassle-free borrowing without the need for a guarantor or collateral.
No Hidden Charges: Transparent terms with no undisclosed fees.
7
moneyview
NIRA
moneyview’s personal loan app guarantees a paperless, fast, easy, and flexible borrowing experience. Offering loan amounts from ₹5,000 to ₹10 lakh and a repayment period extending up to 5 years, Moneyview ensures flexibility, quick disbursals, and affordable interest rates.
Flexible Loan Amount: moneyview accommodates diverse financial needs with a wide range of loan amounts.
Disbursal in Minutes: The app’s efficient process ensures rapid disbursal of approved loan amounts.
Collateral-Free Loans: moneyview removes the need for collateral, simplifying the borrowing process.
Affordable Interest Rates: Borrowers benefit from competitive interest rates, ensuring cost-effective repayments.
NIRA, a FinTech company, provides a line of credit to salaried professionals with a loan range from ₹10,000 to ₹1 lakh and a flexible tenure of 3 months to 1 year. Interest rates depend on the borrowed amount and repayment timing.
Loan Amount – ₹5,000 to ₹1,50,000: NIRA offers a diverse loan range catering to various financial needs.
Minimum Annual Percentage Rate (APR) – 24%: Ensuring transparency, NIRA maintains a minimum APR for borrowers.
Maximum Annual Percentage Rate – 36% (reducing balance): NIRA’s reducing balance approach caps the maximum APR for cost-effectiveness.
Minimum Repayment Period – 91 Days: Borrowers benefit from a reasonable minimum repayment period.
Maximum Repayment Period – 24 Months: The flexible maximum repayment period accommodates varying financial situations.
8
FIBE
LoanTap
FIBE, a FinTech startup, simplifies money lending with its personal loan app, offering amounts up to ₹5 lakh at an interest rate starting from 12%.
No Restrictions on Usage: FIBE’s personal loans provide the flexibility to address various financial needs.
Collateral-free Loans: Eliminating the need for collateral streamlines the borrowing process for users.
100% Digital Journey: FIBE ensures a seamless, paperless experience with its fully online loan application.
Affordable Interest Rates: The platform offers attractive interest rates, providing a cost-effective borrowing option.
LoanTap, an online platform, delivers instant, flexible loans with attractive terms to salaried professionals and businessmen. Committed to providing customized loan products, LoanTap offers various innovative loan options, including personal loans, personal overdrafts, EMI-free loans, and more.
Loan amount : Ranges from ₹50,000 to ₹10,000,00.
Instant approval & disbursal : Effortless online process for quick loan approval and disbursal within 24 to 36 hours.
Flexible Repayment Option : Freedom to switch to an EMI-free loan, enhancement, and accelerated repayment option after 6 months.
Higher Loan Amount : Flexible loan options with higher loan amounts for diverse financial needs
Longer Loan Tenure : Options to choose a longer loan tenure, ranging from 6 months to 60 months.
Minimum Documents : Simplified process with only basic documents required.
Transparent Process : Clear terms with no hidden charges or prepayment fees, ensuring a secure lending process.
9
SmartCoin
Navi
SmartCoin, a FinTech company, is on a mission to provide a user-friendly and scalable lending platform for its HomeCredit1 customers. This personal loan app in India offers instant loans ranging from ₹1,000 to ₹70,000, catering to various profiles without imposing a minimum salary limit.
Completely Digital: SmartCoin’s loan application is 100% paperless, requiring only a smartphone and internet access.
Quick Online Process: Applying for a loan on SmartCoin takes minutes, with a simple process of filling in details and uploading necessary documents.
Bank Transfer: Upon completing details and eligibility confirmation, the approved loan amount is credited to your account within a couple of hours.
Navi, a new-age fintech startup, offers a user-friendly interface for instant loans to meet various financial emergencies. With minimal documentation requirements, it strives to make financial services transparent, simple, and accessible.
Instant Disbursal : Quick disbursal within minutes of approval.
100% Paperless Process : The entire loan application process, from application to disbursal, is app-based with zero paperwork.
Flexible EMI Options : Options for flexible repayment tenures of up to 6 years.
Minimal Documentation : Simplified process with minimal documentation requirements, primarily requiring a PAN card.
No Collateral Required : Unsecured personal loans, eliminating the need for collateral.
Get Loan Amount of Your Choice : Options to choose loan amounts up to ₹20 lakh for diverse financial needs.
10
Home Credit
CASHe
Home Credit India, part of the international Home Credit Group, simplifies financial services with its personal loan app. Offering loans up to ₹5 lakh with a repayment tenure of 1 to 4 years, the app ensures a quick, convenient, and transparent borrowing experience.
Quick & Convenient: The application process is easy and hassle-free.
Instant Online Approval: Apply online and receive instant approval on your loan application.
Disbursal Within Hours: The approved loan amount is transferred to your bank account within a few hours.
No Collaterals or Hidden Charges: Home Credit’s collateral-free process ensures transparency with no hidden charges.
CASHe, an app-based digital lending platform, specialises in short-term personal loans for salaried individuals. With loan amounts from ₹1,000 to ₹4 lakh, CASHe promises quick disbursals, flexible loan tenures, and collateral-free borrowing.
No Restrictions on Fund Usage : CASHe allows users the freedom to utilize loan funds for any purpose.
Quick Disbursals : The platform ensures swift approval and disbursal, meeting urgent financial needs.
Flexible Loan Tenures : Borrowers can choose from various repayment durations according to their capacity.
No Collaterals Needed : CASHe’s collateral-free approach simplifies the loan application process.
11
LazyPay
FIBE
LazyPay, powered by PayU, simplifies personal loans with its easy-to-use digital platform. With quick approvals, the platform disburses 1 million+ loans monthly, offering pocket-friendly EMIs and instant personal loans up to ₹5 lakh.
Flexible EMI Options: LazyPay provides EMI plans tailored to suit individual preferences.
Zero Paperwork: The entire process is conducted online with no paperwork, ensuring a seamless and efficient experience.
Lightning Fast Approvals: Approved funds are sent instantly to the borrower’s account, ensuring timely access to financial support.
FIBE, a FinTech startup, simplifies money lending with its personal loan app, offering amounts up to ₹5 lakh at an interest rate starting from 12%.
No Restrictions on Usage : FIBE’s personal loans provide the flexibility to address various financial needs.
Collateral-free Loans : Eliminating the need for collateral streamlines the borrowing process for users.
100% Digital Journey : FIBE ensures a seamless, paperless experience with its fully online loan application.
Affordable Interest Rates : The platform offers attractive interest rates, providing a cost-effective borrowing option.
12
mPokket
Home Credit
mPokket, an instant loan app for college students, operates on the concept of providing pocket money. Offering initial approval at ₹500, the borrowing limit increases with responsible usage. Borrowers can repay the loan within 1 to 3 months.
Amount: mPokket offers instant loans to college students and working individuals ranging from ₹ 500 to ₹ 30,000.
Approval in 10 Minutes: The platform ensures swift approval with a 10-minute loan approval process.
100% Online Process: Streamline your finances with a fully online loan application process.
Direct Bank Transfer: Funds are seamlessly delivered through secure direct bank transfer, ensuring convenience.
Flexible & Hassle-Free: Borrowers have the flexibility to choose between bullet loans or easy EMI payment options, providing a hassle-free experience.
Home Credit India, part of the international Home Credit Group, simplifies financial services with its personal loan app. Offering loans up to ₹5 lakh with a repayment tenure of 1 to 4 years, the app ensures a quick, convenient, and transparent borrowing experience.
Quick & Convenient : The application process is easy and hassle-free.
Instant Online Approval : Apply online and receive instant approval on your loan application.
Disbursal Within Hours : The approved loan amount is transferred to your bank account within a few hours.
No Collaterals or Hidden Charges : Home Credit’s collateral-free process ensures transparency with no hidden charges.
13
FlexSalary
13
LazyPay
Flex Salary, designed to rival personal loans, offers a unique set of features, including a one-time application, instant disbursals, 24/7 access, and a flexible repayment policy. With no fixed EMIs, this advance salary loan app caters to diverse financial needs.
Amount: Flex salary offers up to a credit limit of Rs. 3,00,000 starting from Rs. 500.
Easy Application Process: A simple online application process requiring basic information and PAN details.
24/7 Access: Accessible anytime, anywhere, making it ideal for emergency personal loan needs.
Quick Approval & Instant Disbursal: Swift loan approval with online documentation, ensuring funds within 24 hours.
No Collateral: Unsecured loans based on income, eliminating the need for collateral.
No Hard Credit Check: Approval based on income, with no impact on credit score.
LazyPay, powered by PayU, simplifies personal loans with its easy-to-use digital platform. With quick approvals, the platform disburses 1 million+ loans monthly, offering pocket-friendly EMIs and instant personal loans up to ₹5 lakh.
Flexible EMI Options : LazyPay provides EMI plans tailored to suit individual preferences.
Zero Paperwork : The entire process is conducted online with no paperwork, ensuring a seamless and efficient experience.
Lightning Fast Approvals : Approved funds are sent instantly to the borrower’s account, ensuring timely access to financial support.
14
Bajaj Finserv
13
SmartCoin
Bajaj Finserv offers instantly approved and disbursed personal loans within 24 hours. Tailored for specific groups, these collateral-free loans provide flexibility and convenience in borrowing.
3 Unique Variants: Personalized loan variants to suit individual needs.
Loan – Up To ₹40 Lakh: High loan limit catering to various financial requirements.
Tenure – Up To 96 Months: Flexible repayment tenure options for affordability.
Approval in Just 5 Minutes: Quick loan approval process for time-sensitive needs.
Money in Your Account in 24 Hours: Swift disbursal ensures timely access to funds.
No Guarantor/Collateral Needed: Hassle-free borrowing without the need for a guarantor or collateral.
No Hidden Charges: Transparent terms with no undisclosed fees.
SmartCoin, a FinTech company, is on a mission to provide a user-friendly and scalable lending platform for its HomeCredit1 customers. This personal loan app in India offers instant loans ranging from ₹1,000 to ₹70,000, catering to various profiles without imposing a minimum salary limit.
Completely Digital : SmartCoin’s loan application is 100% paperless, requiring only a smartphone and internet access.
Quick Online Process : Applying for a loan on SmartCoin takes minutes, with a simple process of filling in details and uploading necessary documents.
Bank Transfer : Upon completing details and eligibility confirmation, the approved loan amount is credited to your account within a couple of hours.
15
PayMe
13
mPokket
PayMe, an innovative FinTech app, offers instant payday loans, advance salary loans, and short-term cash loans to salaried employees. With attractive interest rates, the platform blends traditional and modern lending techniques for a quick and simple loan application process.
Instant Approval Process: Hassle-free approval process for quick access to funds.
Minimum Documentation: Streamlined process with minimal documentation requirements.
No Restriction on Fund Usage: Borrowers have complete freedom in deciding how to use the loan funds.
Flexible Tenure: Borrowers can choose the duration of loan repayment according to their preferences.
Best of Online Services: Smooth and hassle-free personal loan application process online.
Lowest-Interest Rates: Flexible loan options with competitive interest rates.
Transparent Terms and Conditions: Ensuring customers understand the agreement terms before committing to the loan.
No Collateral Required: Unsecured personal loans, eliminating the need for collateral.
Dedicated Customer Support: A dedicated customer support team ready to assist throughout the loan process.
mPokket, an instant loan app for college students, operates on the concept of providing pocket money. Offering initial approval at ₹500, the borrowing limit increases with responsible usage. Borrowers can repay the loan within 1 to 3 months.
Amount : mPokket offers instant loans to college students and working individuals ranging from ₹ 500 to ₹ 30,000.
Approval in 10 Minutes : The platform ensures swift approval with a 10-minute loan approval process.
100% Online Process : Streamline your finances with a fully online loan application process.
Direct Bank Transfer : Funds are seamlessly delivered through secure direct bank transfer, ensuring convenience.
Flexible & Hassle-Free : Borrowers have the flexibility to choose between bullet loans or easy EMI payment options, providing a hassle-free experience.
16
LoanTap
13
FlexSalary
LoanTap, an online platform, delivers instant, flexible loans with attractive terms to salaried professionals and businessmen. Committed to providing customized loan products, LoanTap offers various innovative loan options, including personal loans, personal overdrafts, EMI-free loans, and more.
Loan amount: Ranges from ₹50,000 to ₹10,000,00.
Instant approval & disbursal: Effortless online process for quick loan approval and disbursal within 24 to 36 hours.
Flexible Repayment Option: Freedom to switch to an EMI-free loan, enhancement, and accelerated repayment option after 6 months.
Higher Loan Amount: Flexible loan options with higher loan amounts for diverse financial needs.
Longer Loan Tenure: Options to choose a longer loan tenure, ranging from 6 months to 60 months.
Minimum Documents: Simplified process with only basic documents required.
Transparent Process: Clear terms with no hidden charges or prepayment fees, ensuring a secure lending process.
Flex Salary, designed to rival personal loans, offers a unique set of features, including a one-time application, instant disbursals, 24/7 access, and a flexible repayment policy. With no fixed EMIs, this advance salary loan app caters to diverse financial needs.
Amount : Flex salary offers up to a credit limit of Rs. 3,00,000 starting from Rs. 500.
Easy Application Process : A simple online application process requiring basic information and PAN details.
24/7 Access : Accessible anytime, anywhere, making it ideal for emergency personal loan needs.
Quick Approval & Instant Disbursal : Swift loan approval with online documentation, ensuring funds within 24 hours.
No Collateral : Unsecured loans based on income, eliminating the need for collateral.
No Hard Credit Check : Approval based on income, with no impact on credit score.
17
PaySense
13
PayMe
Founded by Sayali Karanjkar and Prashanth Ranganathan, PaySense is an instant money app offering personal loans online with quick approvals, paperless documentation, and affordable EMI plans.
Instant Personal Loans: Access instant personal loans ranging from ₹5000 to ₹5 lakh.
Quick Approvals & Disbursals: Prompt loan approval and swift money transfer to your account.
Paperless Documentation: Streamlined process with digital KYC documentation.
Affordable EMI plans: Manageable EMI plans with reminders and auto-debit features.
One-click Subsequent Personal Loans: Easily obtain another loan with one-time documentation.
Zero Credit History: Welcoming users new to the credit and lending system.
PayMe, an innovative FinTech app, offers instant payday loans, advance salary loans, and short-term cash loans to salaried employees. With attractive interest rates, the platform blends traditional and modern lending techniques for a quick and simple loan application process.
Instant Approval Process : Hassle-free approval process for quick access to funds.
Minimum Documentation : Streamlined process with minimal documentation requirements.
No Restriction on Fund Usage : Borrowers have complete freedom in deciding how to use the loan funds.
Flexible Tenure : Borrowers can choose the duration of loan repayment according to their preferences.
Best of Online Services : Smooth and hassle-free personal loan application process online.
Lowest-Interest Rates : Flexible loan options with competitive interest rates.
Transparent Terms and Conditions : Ensuring customers understand the agreement terms before committing to the loan.
No Collateral Required : Unsecured personal loans, eliminating the need for collateral.
Dedicated Customer Support : A dedicated customer support team ready to assist throughout the loan process.
18
RupeeRedee
13
PaySense
RupeeRedee, a digital lending platform, provides access to personal loans within minutes through technology. Operating with its own Captive NBFC, the platform ensures a hassle-free, quick, and secure consumer journey.
Loan amount: Ranges from ₹2,000 to ₹149,000.
Annual interest rate: Starting from 30%.
Repayment tenure: Up to 3 months.
Processing fee: 10% to 15% p.a.
Direct Transfer to Bank Account: Swift transfer for quick access to funds.
No Bank Visits: Eliminating the need for physical visits.
No Paperwork: Ensuring a paperless and efficient process.
Founded by Sayali Karanjkar and Prashanth Ranganathan, PaySense is an instant money app offering personal loans online with quick approvals, paperless documentation, and affordable EMI plans.
Instant Personal Loans : Access instant personal loans ranging from ₹5000 to ₹5 lakh.
Quick Approvals & Disbursals : Prompt loan approval and swift money transfer to your account.
Paperless Documentation : Streamlined process with digital KYC documentation.
Affordable EMI plans : Manageable EMI plans with reminders and auto-debit features.
One-click Subsequent Personal Loans : Easily obtain another loan with one-time documentation.
Zero Credit History : Welcoming users new to the credit and lending system.
19
Stashfin
13
RupeeRedee
StashFin, one of the best online loan apps in India, was founded by experienced financial services professionals. It aims to simplify lending, offering an easy application process, quick digital processing, and a credit limit of up to ₹5,00,000 with attractive features like 0% interest for up to 30 days.
Easy Application: Streamlined online loan application process for user convenience.
Quick Process: Efficient and swift loan processing.
100% Digital: Entire loan application and approval process conducted online.
Credit Limit up to ₹5,00,000: Generous credit limit to cater to diverse financial needs.
Flexible Tenure up to 36 months: Options for flexible repayment plans.
Pay Interest Only on the Amount Utilised: Ensures cost-effectiveness.
Instant Funds Across Needs: Swift fund transfer for various financial requirements.
RupeeRedee, a digital lending platform, provides access to personal loans within minutes through technology. Operating with its own Captive NBFC, the platform ensures a hassle-free, quick, and secure consumer journey.
Loan amount : Ranges from ₹2,000 to ₹149,000.
Annual interest rate : Starting from 30%.
Repayment tenure : Up to 3 months.
Processing fee : 10% to 15% p.a.
Direct Transfer to Bank Account : Swift transfer for quick access to funds.
No Bank Visits : Eliminating the need for physical visits.
No Paperwork : Ensuring a paperless and efficient process.
20
Credy
13
Stashfin
Credy, a quick loan app in India, provides personal loans on personalized terms. With no hidden costs, collateral requirements, and a fast online processing system, Credy is known for its simplicity, speed, and affordability.
Loan Amount: Up to ₹ 1 Lakh
Fast Disbursal (Instant Approval): Instant approval within 1 minute, detailed terms in 3 hours, and funds in the account within 24 hours
Transparent Rates: Clear interest rates starting from 1% per month with no hidden charges.
Offers & More: Additional benefits, including top-up loans, referral bonuses, early payment bonuses, and easy tracking via the Mobile App.
Great Customer Support: Fast and helpful customer service experience through various channels.
StashFin, one of the best online loan apps in India, was founded by experienced financial services professionals. It aims to simplify lending, offering an easy application process, quick digital processing, and a credit limit of up to ₹5,00,000 with attractive features like 0% interest for up to 30 days.
Easy Application : Streamlined online loan application process for user convenience.
Quick Process : Efficient and swift loan processing.
100% Digital : Entire loan application and approval process conducted online.
Credit Limit up to ₹5,00,000 : Generous credit limit to cater to diverse financial needs.
Flexible Tenure up to 36 months : Options for flexible repayment plans.
Pay Interest Only on the Amount Utilised : Ensures cost-effectiveness.
Instant Funds Across Needs : Swift fund transfer for various financial requirements.
21
Upwards
13
Credy
Upwards claims to be India’s quickest personal loan provider for salaried individuals. Offering hassle-free personal loans with affordable interest rates, flexible payment tenures, and a safe and trustworthy platform, Upwards is designed for quick and convenient borrowing.
Affordable Interest Rates: Competitive and affordable interest rates.
Flexible Payment Tenures: Options for flexible repayment durations.
Safe & Trustworthy: Ensures the safety and reliability of the lending platform.
Superfast Processing: Swift loan processing for urgent financial needs.
Minimal Documentation: Streamlined process with minimal documentation requirements.
Fast Query resolution: Quick resolution of customer queries.
Credy, a quick loan app in India, provides personal loans on personalized terms. With no hidden costs, collateral requirements, and a fast online processing system, Credy is known for its simplicity, speed, and affordability.
Loan Amount : Up to ₹ 1 Lakh
Fast Disbursal (Instant Approval) : Instant approval within 1 minute, detailed terms in 3 hours, and funds in the account within 24 hours
Transparent Rates : Clear interest rates starting from 1% per month with no hidden charges.
Offers & More : Additional benefits, including top-up loans, referral bonuses, early payment bonuses, and easy tracking via the Mobile App.
Great Customer Support : Fast and helpful customer service experience through various channels.
22
ZestMoney
13
Upwards
ZestMoney, a unique finance platform, makes digital finance affordable and accessible. Using AI, digital banking, and mobile technology, it helps borrowers find a lending partner, breaking down larger payments into manageable expenses with instant loans.
3-36 Months Tenure: Options for convenient repayment terms with a wide range of EMI plans.
No Extra Documents: Simplified process without the need for additional documents.
No Pre-closure Fee: Flexibility to close EMI without additional charges.
Up to ₹5 Lakh: Instant approval for loan amounts up to ₹5 lakh.
Upwards claims to be India’s quickest personal loan provider for salaried individuals. Offering hassle-free personal loans with affordable interest rates, flexible payment tenures, and a safe and trustworthy platform, Upwards is designed for quick and convenient borrowing.
Affordable Interest Rates : Competitive and affordable interest rates.
Flexible Payment Tenures : Options for flexible repayment durations.
Safe & Trustworthy : Ensures the safety and reliability of the lending platform.
Superfast Processing : Swift loan processing for urgent financial needs.
Minimal Documentation : Streamlined process with minimal documentation requirements.
Fast Query resolution : Quick resolution of customer queries.
23
SMFG Credit (Formerly Fullerton India)
13
ZestMoney
Registered as an NBFC – Investment and Credit Company, SMFG India Credit offers convenient personal loans for salaried and self-employed individuals. With a hassle-free documentation process and quick disbursal, it aims to meet the urgent financial needs of customers.
Loans Up To ₹25 Lakh: Generous loan limit catering to diverse financial requirements.
Attractive Interest Rates: Competitive interest rates to ensure affordability.
100% Paperless Application Process: Streamlined process for convenience.
Quick Disbursal: Swift transfer of funds within 30 minutes of approval.
Adding Benefits for Existing Customers: Additional perks for loyal customers.
ZestMoney, a unique finance platform, makes digital finance affordable and accessible. Using AI, digital banking, and mobile technology, it helps borrowers find a lending partner, breaking down larger payments into manageable expenses with instant loans.
3-36 Months Tenure : Options for convenient repayment terms with a wide range of EMI plans.
No Extra Documents : Simplified process without the need for additional documents.
No Pre-closure Fee : Flexibility to close EMI without additional charges.
Up to ₹5 Lakh : Instant approval for loan amounts up to ₹5 lakh.
24
Navi
13
SMFG Credit (Formerly Fullerton India)
Navi, a new-age fintech startup, offers a user-friendly interface for instant loans to meet various financial emergencies. With minimal documentation requirements, it strives to make financial services transparent, simple, and accessible.
Instant Disbursal: Quick disbursal within minutes of approval.
100% Paperless Process: The entire loan application process, from application to disbursal, is app-based with zero paperwork.
Flexible EMI Options: Options for flexible repayment tenures of up to 6 years.
Minimal Documentation: Simplified process with minimal documentation requirements, primarily requiring a PAN card.
No Collateral Required: Unsecured personal loans, eliminating the need for collateral.
Get Loan Amount of Your Choice: Options to choose loan amounts up to ₹20 lakh for diverse financial needs.
Registered as an NBFC – Investment and Credit Company, SMFG India Credit offers convenient personal loans for salaried and self-employed individuals. With a hassle-free documentation process and quick disbursal, it aims to meet the urgent financial needs of customers.
Loans Up To ₹25 Lakh : Generous loan limit catering to diverse financial requirements.
Attractive Interest Rates : Competitive interest rates to ensure affordability.
100% Paperless Application Process : Streamlined process for convenience.
Quick Disbursal : Swift transfer of funds within 30 minutes of approval.
Adding Benefits for Existing Customers : Additional perks for loyal customers.
25
Jupiter Money
13
Jupiter Money
Jupiter is designed to be your one-stop shop for money management. Unlike traditional banks with physical branches, Jupiter operates entirely online, offering a convenient, mobile-first experience.
Loan approval within minutes of applying
Get loan offers from Rs.15,000 to Rs.36,500
Interest rates start at 26% p.a.
Comfortably pay off the loan in 3 to 24 EMIs
Jupiter is designed to be your one-stop shop for money management. Unlike traditional banks with physical branches, Jupiter operates entirely online, offering a convenient, mobile-first experience.
Loan approval within minutes of applying
Get loan offers from Rs.15,000 to Rs.36,500
Interest rates start at 26% p.a.
Comfortably pay off the loan in 3 to 24 EMIs
26
Finnable
13
Finnable
Finnable is an app that provides a smooth and hassle-free experience. It is a start-up that provides convenient personal loans. Here's what differentiates this loan app from others. -
Finnable offers loan upto 10 Lakhs.
Rate of interest generally ranges between 16%-26%.
Calculate your personal loan EMIs before applying for a loan. EMIs are calculated using the reducing balance method
The loan disbursement only takes only 24 hours
Repayment tenure range from 3 to 48 months
Finnable is an app that provides a smooth and hassle-free experience. It is a start-up that provides convenient personal loans. Here's what differentiates this loan app from others.
Finnable offers loan upto 10 Lakhs.
Rate of interest generally ranges between 16%-26%.
Calculate your personal loan EMIs before applying for a loan. EMIs are calculated using the reducing balance method
The loan disbursement only takes only 24 hours
Repayment tenure range from 3 to 48 months
27
Buddy Loan
13
Buddy Loan
Buddy lending, headquartered in Bangalore, promises to be the lending app with the greatest rate of loan acceptance. Following characteristics differentiate it from other lending applications-
Loan approval within 48 hours of applying
Buddy loan offers loan amount from Rs.10,000 to Rs.15 Lakh
Interest rate starts at 11.99% p.a.
Comfortably pay off your loan amount in tenures of your choice ranging from 6 months to 5 years
Self-employed needs submit company and GST details to be eligible
Buddy lending, headquartered in Bangalore, promises to be the lending app with the greatest rate of loan acceptance. Following characteristics differentiate it from other lending applications
Loan approval within 48 hours of applying
Buddy loan offers loan amount from Rs.10,000 to Rs.15 Lakh
Interest rate starts at 11.99% p.a.
Comfortably pay off your loan amount in tenures of your choice ranging from 6 months to 5 years
Self-employed needs submit company and GST details to be eligible
28
Payme India
13
Payme India
Payme is based in Noida and offers a range of loans, including short-term cash loans, advance salaries, and payday loans. It’s primary features are the following:
Offers loans to salaried and self-employed people
Low interest rates starting from 1.50% per month
Loan procedure can be completed on the app
Convenient and flexible EMIs plans up to 24 months
Offers loan amount up to Rs.5 Lakh
Loan disbursement takes 24 to 48 hours
The minimum income requirement is Rs.15,000 for salaried and Rs.25,000 for self-employed applicants
Payme is based in Noida and offers a range of loans, including short-term cash loans, advance salaries, and payday loans. It’s primary features are the following:
Offers loans to salaried and self-employed people
Low interest rates starting from 1.50% per month
Loan procedure can be completed on the app
Convenient and flexible EMIs plans up to 24 months
Offers loan amount up to Rs.5 Lakh
Loan disbursement takes 24 to 48 hours
The minimum income requirement is Rs.15,000 for salaried and Rs.25,000 for self-employed applicants
29
True Balance
13
True Balance
True Balance targets customer who don’t make online payments or who don’t have a credit score. Read about some of the app's primary features -
They claim that you can apply, get your loan approved, and get the money within 30 minutes
They provide access to credit for 24 hours of the day
Interest rates start from 2.40%/month
Offers amount between Rs.5,000 - Rs.1.25 Lakh
Repay the amount at your own convenience with tenures ranges from 3 to 12 months
True Balance targets customer who don’t make online payments or who don’t have a credit score. Read about some of the app's primary features
They claim that you can apply, get your loan approved, and get the money within 30 minutes
They provide access to credit for 24 hours of the day
Interest rates start from 2.40%/month
Offers amount between Rs.5,000 - Rs.1.25 Lakh
Repay the amount at your own convenience with tenures ranges from 3 to 12 months
30
Pocketly
13
Pocketly
Pocketly app is available for both Android and IOS users and gives small instant loans with short repayment period. Here is what makes it stand apart -
They offer loan amount from Rs.500 to Rs.50,000
1.00% - 3.00% per month Interest rate.
Loan tenures range from 1 to 6 month
It has eligibility criteria with an income requirement of Rs.15,000
Both salaried and self-employed individuals can avail this loan.
Pocketly app is available for both Android and IOS users and gives small instant loans with short repayment period. Here is what makes it stand apart
They offer loan amount from Rs.500 to Rs.50,000
24% - 36% per annum Interest rate.
Loan tenures range from 1 to 6 months
It has eligibility criteria with an income requirement of Rs.15,000
Both salaried and self-employed individuals can avail this loan.
We should always plan for the future because one can never predict what might happen. Hence, saving a part of your earnings is extremely important, even if you can only put in a few rupees every week; it will add up in the long run. These are just a few of the many ways to save for your future; hopefully, they can help you get started in making smarter financial decisions today.
The times really are changing, and personal loan apps are ensuring that fast and easy cash loans in India are a reality!
With so many personal loan apps in the market, the options available for quick cash loans have increased making it easier for you to seek an urgent cash loan quickly. An online search and a quick comparison between the various cash loan apps in India for quick cash loans online brings up a multitude of options ranging from payday loans in India, instant loans in India, to salary advance loans in India.The times really are changing, and personal loan apps are ensuring that fast and easy cash loans in India are a reality!
The times really are changing, and personal loan apps are ensuring that fast and easy cash loans in India are a reality!
Getting a personal loan was never this easy and an instant personal loan app download makes it easier. Get the best loan app in India.
Getting a personal loan was never this easy and an instant personal loan app download makes it easier. Get the best loan app in India.
FAQs on Loan Apps
How instant loan app works?
Lenders who offer instant personal loans through their apps evaluate your loan eligibility based on documentation proving your residence and income as well as your credit score, income, and employment. Applications for loans submitted using speedy loan apps are often approved and disbursed more quickly than those submitted through offline channels.
Are online instant personal loan apps safe?
It is advised that users stick to using the applications and websites of loan providers that the RBI regulates.
Do personal loan apps allow pre-closure of my loan?
Some online lenders allow you to pre-close a loan once a specified number of EMIs have been paid. However, you may be charged a small price to do so. Some lenders don't impose a prepayment fee.
Do instant personal loan apps conduct credit inquiries?
When you apply for a loan through any of the instant loan apps, the lenders evaluate your profile by running what's known as a hard inquiry, or credit check. You shouldn't apply for loans from numerous lenders at once because doing so will negatively impact your credit score due to this hard inquiry.
Which app is best for instant loan?
Choosing the best app for instant loans depends on several factors, such as your location, credit score, loan amount, and repayment terms. MoneyTap can be your best option for instant personal loan as you get instant approval in 4 minutes with minimal documentation and nterest is charged solely on the used amount, starting as low as 1.08% per month.
Which app provides instant loan without bank statement?
Instand Personal loan apps that provides quick loans without bank statements are MoneyTap, Fibe, Cashe, Jupiter Money, Kreditbee and etc.
Which app provides instant loan for students in india?
In India, several apps provide instant loans for students, helping them cover educational expenses, living costs, or other immediate financial needs. Here are some popular options: MoneyTap, MoneyView, Dhani,mPokket and etc.
Getting a personal loan was never this easy and an instant personal loan app download makes it easier. Get the best loan app in India.
Make the Move
What are you waiting for?
Copyright MWYN Tech Pvt Ltd
Make the Move
What are you waiting for?
Copyright MWYN Tech Pvt Ltd
Make the Move
What are you waiting for?
Copyright MWYN Tech Pvt Ltd