Best Loan App for Students: Instant Student Loan Apps in India

Best Loan App for Students: Instant Student Loan Apps in India

Students can borrow money for their college expenses hassle-free with student personal loan apps. By using these student loan apps, you can fill out an online application form and directly receive the loan amount in your bank account. All you need to do is download an instant loan app for students and apply for a loan. Keep reading to discover the best loan app for students.

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List of Best Student Loan Apps in India

Here are the best loan apps for students in India:

  • mPokket:

The mPokket app is one of the best student loan apps in India for college students. It provides instant personal loans ranging from Rs. 500 to Rs. 30,000. This loan app is perfect for students who need pocket money or require an urgent cash loan in an emergency.

Key Features:

- This instant loan app for students in India offers loans from Rs. 500 to Rs. 30,000 in just 2 minutes.

- Flexible repayment tenure of 61 to 120 days.

- The interest rate ranges between 1% to 6% per month.

- The processing fee ranges from Rs. 34 to Rs. 203, plus 18% GST.

  • Pocketly:

Pocketly is one of the top student loan apps that exclusively offers quick cash to college students and salaried individuals. You can access this loan app anytime and anywhere.

Key Features:

- Instant loan amounts ranging from Rs. 500 to Rs. 10,000.

- Flexible repayment tenure of 61 to 90 days.

- Interest rates starting from 1% to 3% per month.

- Applicable processing fees of Rs. 20 to Rs. 120 + GST.

  • KrazyBee:

KrazyBee is among the best student loan apps in India, catering to college students in selected cities. It enables them to purchase anything online through a flexible monthly payment plan. Students from KrazyBee's listed colleges can make purchases using this app.

Key Features:

- KrazyBee has offices in Mumbai, Hyderabad, Bangalore, Pune, Mysore, and Vellore.

- With this loan app for students in India, you can place orders through KrazyBee's website or app, or browse your favorite eCommerce store.

- The maximum monthly purchase limit is Rs. 2,000.

- Offers four EMI plans: 3 months, 6 months, 9 months, and 12 months.

Best Loan for Students:

The Best Loan app for students provides personal loans to salaried individuals and students starting from Rs. 1,000 to Rs. 3 Lakhs, based on their approved credit. On approval, the borrower receives a direct bank transfer within minutes.

Key Features:

- Loan amounts available from Rs. 1,000 to Rs. 300,000.

- Tenure ranges from 62 days to 15 months.

- Interest rates range from 0% to 29.95% per annum.

- A processing fee of 0% to 7% is charged.

  • Sahukar:

Sahukar is an app-only lending platform offering personal loans to students. You can download the Sahukar student instant loan app from the Google Play Store or Apple App Store to avail of this facility.

Key Features:

- Instant loan amounts ranging from Rs. 100 to Rs. 5,000.

- Tenure options of 1 month, 2 months, and 3 months.

  • SlicePay:

SlicePay is a no-fee VISA card designed for working professionals, freelancers, and even unpaid interns. It allows them to make purchases and pay later whenever they want.

Key Features:

- SlicePay student loan app India provides a credit limit from Rs. 2,000 to Rs. 10 Lakhs.

- You can divide your bills over 3 months without any charges.

- Get up to 2% cashback on every SlicePay card transaction.

- Instantly transfer money from the SlicePay card to your bank account or Paytm account.

  • CashBean:

CashBean, India's leading mobile-based personal loans platform, offers small loans for students aged 18 years and above. It helps them meet their financial needs for various purposes like mobile phone purchases, medical expenses, bill payments, and more.

Key Features:

- Instant loan amounts ranging from Rs. 1,500 to Rs. 60,000.

- Tenure options from 3 to 6 months.

- Interest rates starting from 0.07% per day.

- One-time processing fee ranging from Rs. 90 to Rs. 2,000, plus 18% GST.

  • BadaBro:

BadaBro is an instant loan app for college students and salaried professionals aged 18 years and above.

Key Features:

- Instant personal loan up to Rs. 10,000 disbursed to your Bank/Paytm Account using this app.

- Flexible repayment tenure of 61 to 90 days.

- Interest rates ranging from 1% to 6% per month.

- Processing fees ranging from Rs. 34 to Rs. 203, plus 18% GST.

Features and Benefits of Student Loans

Any student or salaried person is eligible for an instant loan from online loan apps for students. To avail of a quick student loan through personal loan apps for students, a student must be above 18 years of age and have a valid college ID card. Some lenders may provide loan extension, restructuring, and refinance options. These loans help boost your credit limit if you repay diligently, and the money is instantly credited to your bank account or wallet.

Eligibility Criteria for Applying for Student Loans in India

Any full-time college student can apply for an instant loan for college students. The applicant should be above 18 years of age and have a valid college ID card and Aadhar Card. Some lenders may require a PAN card.

Students can borrow money for their college expenses hassle-free with student personal loan apps. By using these student loan apps, you can fill out an online application form and directly receive the loan amount in your bank account. All you need to do is download an instant loan app for students and apply for a loan. Keep reading to discover the best loan app for students.

Apply Now

List of Best Student Loan Apps in India

Here are the best loan apps for students in India:

  • mPokket:

The mPokket app is one of the best student loan apps in India for college students. It provides instant personal loans ranging from Rs. 500 to Rs. 30,000. This loan app is perfect for students who need pocket money or require an urgent cash loan in an emergency.

Key Features:

- This instant loan app for students in India offers loans from Rs. 500 to Rs. 30,000 in just 2 minutes.

- Flexible repayment tenure of 61 to 120 days.

- The interest rate ranges between 1% to 6% per month.

- The processing fee ranges from Rs. 34 to Rs. 203, plus 18% GST.

  • Pocketly:

Pocketly is one of the top student loan apps that exclusively offers quick cash to college students and salaried individuals. You can access this loan app anytime and anywhere.

Key Features:

- Instant loan amounts ranging from Rs. 500 to Rs. 10,000.

- Flexible repayment tenure of 61 to 90 days.

- Interest rates starting from 1% to 3% per month.

- Applicable processing fees of Rs. 20 to Rs. 120 + GST.

  • KrazyBee:

KrazyBee is among the best student loan apps in India, catering to college students in selected cities. It enables them to purchase anything online through a flexible monthly payment plan. Students from KrazyBee's listed colleges can make purchases using this app.

Key Features:

- KrazyBee has offices in Mumbai, Hyderabad, Bangalore, Pune, Mysore, and Vellore.

- With this loan app for students in India, you can place orders through KrazyBee's website or app, or browse your favorite eCommerce store.

- The maximum monthly purchase limit is Rs. 2,000.

- Offers four EMI plans: 3 months, 6 months, 9 months, and 12 months.

Best Loan for Students:

The Best Loan app for students provides personal loans to salaried individuals and students starting from Rs. 1,000 to Rs. 3 Lakhs, based on their approved credit. On approval, the borrower receives a direct bank transfer within minutes.

Key Features:

- Loan amounts available from Rs. 1,000 to Rs. 300,000.

- Tenure ranges from 62 days to 15 months.

- Interest rates range from 0% to 29.95% per annum.

- A processing fee of 0% to 7% is charged.

  • Sahukar:

Sahukar is an app-only lending platform offering personal loans to students. You can download the Sahukar student instant loan app from the Google Play Store or Apple App Store to avail of this facility.

Key Features:

- Instant loan amounts ranging from Rs. 100 to Rs. 5,000.

- Tenure options of 1 month, 2 months, and 3 months.

  • SlicePay:

SlicePay is a no-fee VISA card designed for working professionals, freelancers, and even unpaid interns. It allows them to make purchases and pay later whenever they want.

Key Features:

- SlicePay student loan app India provides a credit limit from Rs. 2,000 to Rs. 10 Lakhs.

- You can divide your bills over 3 months without any charges.

- Get up to 2% cashback on every SlicePay card transaction.

- Instantly transfer money from the SlicePay card to your bank account or Paytm account.

  • CashBean:

CashBean, India's leading mobile-based personal loans platform, offers small loans for students aged 18 years and above. It helps them meet their financial needs for various purposes like mobile phone purchases, medical expenses, bill payments, and more.

Key Features:

- Instant loan amounts ranging from Rs. 1,500 to Rs. 60,000.

- Tenure options from 3 to 6 months.

- Interest rates starting from 0.07% per day.

- One-time processing fee ranging from Rs. 90 to Rs. 2,000, plus 18% GST.

  • BadaBro:

BadaBro is an instant loan app for college students and salaried professionals aged 18 years and above.

Key Features:

- Instant personal loan up to Rs. 10,000 disbursed to your Bank/Paytm Account using this app.

- Flexible repayment tenure of 61 to 90 days.

- Interest rates ranging from 1% to 6% per month.

- Processing fees ranging from Rs. 34 to Rs. 203, plus 18% GST.

Features and Benefits of Student Loans

Any student or salaried person is eligible for an instant loan from online loan apps for students. To avail of a quick student loan through personal loan apps for students, a student must be above 18 years of age and have a valid college ID card. Some lenders may provide loan extension, restructuring, and refinance options. These loans help boost your credit limit if you repay diligently, and the money is instantly credited to your bank account or wallet.

Eligibility Criteria for Applying for Student Loans in India

Any full-time college student can apply for an instant loan for college students. The applicant should be above 18 years of age and have a valid college ID card and Aadhar Card. Some lenders may require a PAN card.

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