Top 25 Instant Loan Apps in India

Top 25 Instant Loan Apps in India

Looking for quick and hassle-free personal loans in India? With the emergence of instant loan apps, fulfilling your financial needs has become easier than ever. These apps offer swift processing, minimal documentation, and competitive interest rates. To help you navigate through the myriad of options, we've compiled a list of the top 25 instant loan apps in India for 2024. Whether you need funds for emergencies, to purchase your dream gadget, or to cover unexpected expenses, these apps have got you covered.

1. MoneyView

  • Interest Rate: 1.33% p.m. onwards

  • Loan Amount: Rs.5,000 - Rs.10 Lakh

  • Repayment Tenure: 6 - 60 months

  • Play Store Rating: 4.7/5

MoneyView stands out as one of the most popular and highly-rated personal loan apps in India. It offers quick disbursal of loan amounts within 24 hours, hassle-free eligibility checks, and flexible repayment options of up to 60 months.

2. MoneyTap

  • Interest Rate: 1.08% p.m. onwards

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 3 - 36 months

  • Play Store Rating: 4.1/5

MoneyTap provides a unique line of credit to customers, allowing them to borrow as per their requirement and pay interest only on the utilized amount. With features like instant approval and free MasterCard credit cards, MoneyTap is a preferred choice for many borrowers.

3. KreditBee

  • Interest Rate: 15% - 29.95% p.a.

  • Loan Amount: Rs.1,000 - Rs.4 Lakh

  • Repayment Tenure: 3 - 24 months

  • Play Store Rating: 4.6/5

KreditBee offers various types of personal loans catering to different needs, including flexi personal loans and loans for both salaried and self-employed individuals. With quick disbursal and competitive interest rates, KreditBee is a reliable option for borrowers.

4. PaySense

  • Interest Rate: 1.4% - 2.3% p.m.

  • Loan Amount: Rs.5,000 - Rs.5 Lakh

  • Repayment Tenure: 3 - 60 months

  • Play Store Rating: 3.6/5

PaySense is gaining popularity due to its quick loan approval process and loans for individuals with no credit history. With features like reminders and auto-debit, PaySense ensures timely repayment and hassle-free borrowing experience.

5. CASHe

  • Interest Rate: 2.50% p.m. onwards

  • Loan Amount: Rs.1,000 - Rs.4 Lakh

  • Repayment Tenure: 3 - 18 months

  • Play Store Rating: 3.7/5

CASHe employs a unique Social Loan Quotient (SLQ) to determine eligibility and offers quick disbursal of loans within minutes. With a focus on salaried individuals, CASHe provides convenient repayment options and loyalty benefits to its borrowers.

6. Nira Finance

  • Interest Rate: 2% p.m. onwards

  • Loan Amount: Up to Rs.1 Lakh

  • Repayment Tenure: Up to 12 months

  • Play Store Rating: 4.3/5

Nira Finance offers quick loans of up to Rs.1 Lakh with minimal documentation and a speedy approval process. With flexible repayment options and competitive interest rates, Nira Finance is a convenient choice for short-term financial needs.

7. Navi

  • Interest Rate: 9.9% p.a. onwards

  • Loan Amount: Up to Rs.20 Lakh

  • Repayment Tenure: Up to 72 months

  • Play Store Rating: 4.1/5

Navi provides digital lending solutions with loans of up to Rs.20 Lakh and flexible repayment options spanning up to 72 months. With a seamless online application process and quick disbursal, Navi ensures a hassle-free borrowing experience.

8. Fibe

  • Interest Rate: 14% p.a. onwards

  • Loan Amount: Rs.5,000 - Rs.5 Lakh

  • Repayment Tenure: Up to 24 months

  • Play Store Rating: 4.4/5

Formerly known as EarlySalary, Fibe offers attractive personal loans with instant approval and disbursal within 10 minutes. With no credit score requirement and round-the-clock availability, Fibe caters to diverse financial needs with ease.

9. LoanTap

  • Interest Rate: 11% - 24% p.a.

  • Loan Amount: Rs.50,000 - Rs.10 Lakh

  • Repayment Tenure: 6 - 60 months

  • Play Store Rating: 3.6/5

LoanTap specializes in customized loan options with pocket-friendly EMIs and transparent processes. With features like flexible repayment plans and no hidden charges, LoanTap ensures a seamless borrowing experience for its customers.

10. mPokket

  • Interest Rate: Up to 4% p.m.

  • Loan Amount: Rs.500 - Rs.30,000

  • Repayment Tenure: Up to 3 months

  • Play Store Rating: 4.4/5

mPokket offers secure and instant personal loans for students and salaried individuals, addressing urgent financial needs with low-interest rates and short-term repayment commitments. With quick disbursal and minimal documentation, mPokket is a preferred choice for many borrowers.

11. Bajaj Finserv

  • Interest Rate: 10.49% p.a. onwards

  • Loan Amount: Up to Rs.40 Lakh

  • Repayment Tenure: 12 - 72 months

  • Play Store Rating: 4.6/5

Bajaj Finserv provides a range of personal loan variants with competitive interest rates and flexible repayment options. With instant approval and disbursal, Bajaj Finserv ensures a hassle-free borrowing experience tailored to individual needs.

12. IDFC First Bank

  • Interest Rate: 10.49% p.a. onwards

  • Loan Amount: Rs.20,000 to Rs.40 Lakh

  • Repayment Tenure: 12 - 60 months

  • Play Store Rating: 4.4/5

IDFC First Bank offers significant loan amounts with affordable interest rates and convenient repayment tenures. With easy accessibility and transparent processes, IDFC First Bank ensures a seamless borrowing experience for its customers.

13. ZestMoney

  • Interest Rate: 14% onwards

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 3 - 36 months

  • Play Store Rating: 3.9/5

ZestMoney offers instant loans with flexible repayment options and competitive interest rates. With no credit score requirement and convenient online application, ZestMoney caters to diverse financial needs with ease.

14. LoanTap

  • Interest Rate: 18% - 30% p.a.

  • Loan Amount: Rs.25,000 to Rs.10 Lakh

  • Repayment Tenure: 3 - 60 months

  • Play Store Rating: 3.6/5

LoanTap provides customized loan options with transparent processes and affordable EMIs. With features like no hidden charges and flexible repayment plans, LoanTap ensures a hassle-free borrowing experience for its customers.

15. Home Credit

  • Interest Rate: 2% p.m. onwards

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 12 - 48 months

  • Play Store Rating: 4.5/5

Home Credit offers quick and convenient loans with minimal documentation and competitive interest rates. With a wide presence across India and flexible repayment options, Home Credit caters to various financial requirements with ease.

16. SmartCoin

  • Interest Rate: 20% p.a. onwards

  • Loan Amount: Rs.1,000 - Rs.70,000

  • Repayment Tenure: 91 - 270 days

  • Play Store Rating: 4.3/5

SmartCoin provides easy-to-access short-term loans with quick approval and minimal documentation. With affordable interest rates and flexible repayment tenures, SmartCoin addresses urgent financial needs effectively.

17. Credy

  • Interest Rate: 1% - 1.5% of loan amount p.m.

  • Loan Amount: Up to Rs.1 Lakh

  • Repayment Tenure: 3 - 12 months

  • Play Store Rating: 4.1/5

Credy offers instant personal loans with transparent processes and competitive interest rates. With no requirement for a guarantor or collateral, Credy ensures a hassle-free borrowing experience for its customers.

18. FlexSalary

  • Interest Rate: 18% - 54% p.a.

  • Loan Amount: Up to Rs.2 Lakh

  • Repayment Tenure: 10 - 36 months

  • Play Store Rating: 3.0/5

FlexSalary provides quick and flexible loans to salaried individuals with affordable interest rates and convenient repayment options. With no minimum salary requirement and easy eligibility criteria, FlexSalary caters to various financial needs effectively.

19. Payme India

  • Interest Rate: 18% - 42% p.a.

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: Up to 36 months

  • Play Store Rating: 3.7/5

Payme India offers a range of loan products with competitive interest rates and flexible repayment options. With minimal processing charges and convenient online application, Payme India ensures a hassle-free borrowing experience for its customers.

20. StashFin

  • Interest Rate: 11.99% - 59.99% p.a.

  • Loan Amount: Rs.1,000 - Rs.5 Lakh

  • Repayment Tenure: 3 - 36 months

  • Play Store Rating: 3.9/5

StashFin provides instant loans with flexible repayment options and competitive interest rates. With quick approval and disbursal, StashFin caters to diverse financial needs effectively.

21. Dhani

  • Interest Rate: 13.99% p.a. onwards

  • Loan Amount: Rs.1,000 - Rs.15 Lakh

  • Repayment Tenure: 2 - 24 months

  • Play Store Rating: 3.4/5

Dhani offers hassle-free personal loans with minimal documentation and quick disbursal. With competitive interest rates and flexible repayment options, Dhani ensures a seamless borrowing experience for its customers.

22. IndiaLends

  • Interest Rate: 10.75% onwards

  • Loan Amount: Up to Rs.50 Lakh

  • Repayment Tenure: 12 - 60 months

  • Play Store Rating: 4.0/5

IndiaLends provides instant loans with competitive interest rates and flexible repayment options. With quick approval and disbursal, IndiaLends caters to diverse financial needs effectively.

23. Buddy Loan

  • Interest Rate: 11.99% p.a. onwards

  • Loan Amount: Rs.10,000 - Rs.15 Lakh

  • Repayment Tenure: 12 - 60 months

  • Play Store Rating: 4.4/5

Buddy Loan offers hassle-free personal loans with minimal documentation and quick disbursal. With competitive interest rates and flexible repayment options, Buddy Loan ensures a seamless borrowing experience for its customers.

24. RupeeLend

  • Interest Rate: 0.1% - 1% per day

  • Loan Amount: Rs.10,000 - Rs.1 Lakh

  • Repayment Tenure: 61 - 90 days

  • Play Store Rating: 3.3/5

RupeeLend provides quick payday loans with minimal documentation and no hidden charges. With easy eligibility criteria and quick disbursal, RupeeLend caters to urgent financial needs effectively.

25. Upwards

  • Interest Rate: 18% - 32% p.a.

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 6 - 24 months

  • Play Store Rating: 3.3/5

Upwards offers quick personal loans with competitive interest rates and flexible repayment options. With hassle-free online application and quick disbursal, Upwards ensures a seamless borrowing experience for its customers.

With this comprehensive list of the top 25 instant loan apps in India, you can now make an informed decision based on your financial needs and preferences. Choose the app that best suits your requirements and enjoy a hassle-free borrowing experience!

Looking for quick and hassle-free personal loans in India? With the emergence of instant loan apps, fulfilling your financial needs has become easier than ever. These apps offer swift processing, minimal documentation, and competitive interest rates. To help you navigate through the myriad of options, we've compiled a list of the top 25 instant loan apps in India for 2024. Whether you need funds for emergencies, to purchase your dream gadget, or to cover unexpected expenses, these apps have got you covered.

1. MoneyView

  • Interest Rate: 1.33% p.m. onwards

  • Loan Amount: Rs.5,000 - Rs.10 Lakh

  • Repayment Tenure: 6 - 60 months

  • Play Store Rating: 4.7/5

MoneyView stands out as one of the most popular and highly-rated personal loan apps in India. It offers quick disbursal of loan amounts within 24 hours, hassle-free eligibility checks, and flexible repayment options of up to 60 months.

2. MoneyTap

  • Interest Rate: 1.08% p.m. onwards

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 3 - 36 months

  • Play Store Rating: 4.1/5

MoneyTap provides a unique line of credit to customers, allowing them to borrow as per their requirement and pay interest only on the utilized amount. With features like instant approval and free MasterCard credit cards, MoneyTap is a preferred choice for many borrowers.

3. KreditBee

  • Interest Rate: 15% - 29.95% p.a.

  • Loan Amount: Rs.1,000 - Rs.4 Lakh

  • Repayment Tenure: 3 - 24 months

  • Play Store Rating: 4.6/5

KreditBee offers various types of personal loans catering to different needs, including flexi personal loans and loans for both salaried and self-employed individuals. With quick disbursal and competitive interest rates, KreditBee is a reliable option for borrowers.

4. PaySense

  • Interest Rate: 1.4% - 2.3% p.m.

  • Loan Amount: Rs.5,000 - Rs.5 Lakh

  • Repayment Tenure: 3 - 60 months

  • Play Store Rating: 3.6/5

PaySense is gaining popularity due to its quick loan approval process and loans for individuals with no credit history. With features like reminders and auto-debit, PaySense ensures timely repayment and hassle-free borrowing experience.

5. CASHe

  • Interest Rate: 2.50% p.m. onwards

  • Loan Amount: Rs.1,000 - Rs.4 Lakh

  • Repayment Tenure: 3 - 18 months

  • Play Store Rating: 3.7/5

CASHe employs a unique Social Loan Quotient (SLQ) to determine eligibility and offers quick disbursal of loans within minutes. With a focus on salaried individuals, CASHe provides convenient repayment options and loyalty benefits to its borrowers.

6. Nira Finance

  • Interest Rate: 2% p.m. onwards

  • Loan Amount: Up to Rs.1 Lakh

  • Repayment Tenure: Up to 12 months

  • Play Store Rating: 4.3/5

Nira Finance offers quick loans of up to Rs.1 Lakh with minimal documentation and a speedy approval process. With flexible repayment options and competitive interest rates, Nira Finance is a convenient choice for short-term financial needs.

7. Navi

  • Interest Rate: 9.9% p.a. onwards

  • Loan Amount: Up to Rs.20 Lakh

  • Repayment Tenure: Up to 72 months

  • Play Store Rating: 4.1/5

Navi provides digital lending solutions with loans of up to Rs.20 Lakh and flexible repayment options spanning up to 72 months. With a seamless online application process and quick disbursal, Navi ensures a hassle-free borrowing experience.

8. Fibe

  • Interest Rate: 14% p.a. onwards

  • Loan Amount: Rs.5,000 - Rs.5 Lakh

  • Repayment Tenure: Up to 24 months

  • Play Store Rating: 4.4/5

Formerly known as EarlySalary, Fibe offers attractive personal loans with instant approval and disbursal within 10 minutes. With no credit score requirement and round-the-clock availability, Fibe caters to diverse financial needs with ease.

9. LoanTap

  • Interest Rate: 11% - 24% p.a.

  • Loan Amount: Rs.50,000 - Rs.10 Lakh

  • Repayment Tenure: 6 - 60 months

  • Play Store Rating: 3.6/5

LoanTap specializes in customized loan options with pocket-friendly EMIs and transparent processes. With features like flexible repayment plans and no hidden charges, LoanTap ensures a seamless borrowing experience for its customers.

10. mPokket

  • Interest Rate: Up to 4% p.m.

  • Loan Amount: Rs.500 - Rs.30,000

  • Repayment Tenure: Up to 3 months

  • Play Store Rating: 4.4/5

mPokket offers secure and instant personal loans for students and salaried individuals, addressing urgent financial needs with low-interest rates and short-term repayment commitments. With quick disbursal and minimal documentation, mPokket is a preferred choice for many borrowers.

11. Bajaj Finserv

  • Interest Rate: 10.49% p.a. onwards

  • Loan Amount: Up to Rs.40 Lakh

  • Repayment Tenure: 12 - 72 months

  • Play Store Rating: 4.6/5

Bajaj Finserv provides a range of personal loan variants with competitive interest rates and flexible repayment options. With instant approval and disbursal, Bajaj Finserv ensures a hassle-free borrowing experience tailored to individual needs.

12. IDFC First Bank

  • Interest Rate: 10.49% p.a. onwards

  • Loan Amount: Rs.20,000 to Rs.40 Lakh

  • Repayment Tenure: 12 - 60 months

  • Play Store Rating: 4.4/5

IDFC First Bank offers significant loan amounts with affordable interest rates and convenient repayment tenures. With easy accessibility and transparent processes, IDFC First Bank ensures a seamless borrowing experience for its customers.

13. ZestMoney

  • Interest Rate: 14% onwards

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 3 - 36 months

  • Play Store Rating: 3.9/5

ZestMoney offers instant loans with flexible repayment options and competitive interest rates. With no credit score requirement and convenient online application, ZestMoney caters to diverse financial needs with ease.

14. LoanTap

  • Interest Rate: 18% - 30% p.a.

  • Loan Amount: Rs.25,000 to Rs.10 Lakh

  • Repayment Tenure: 3 - 60 months

  • Play Store Rating: 3.6/5

LoanTap provides customized loan options with transparent processes and affordable EMIs. With features like no hidden charges and flexible repayment plans, LoanTap ensures a hassle-free borrowing experience for its customers.

15. Home Credit

  • Interest Rate: 2% p.m. onwards

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 12 - 48 months

  • Play Store Rating: 4.5/5

Home Credit offers quick and convenient loans with minimal documentation and competitive interest rates. With a wide presence across India and flexible repayment options, Home Credit caters to various financial requirements with ease.

16. SmartCoin

  • Interest Rate: 20% p.a. onwards

  • Loan Amount: Rs.1,000 - Rs.70,000

  • Repayment Tenure: 91 - 270 days

  • Play Store Rating: 4.3/5

SmartCoin provides easy-to-access short-term loans with quick approval and minimal documentation. With affordable interest rates and flexible repayment tenures, SmartCoin addresses urgent financial needs effectively.

17. Credy

  • Interest Rate: 1% - 1.5% of loan amount p.m.

  • Loan Amount: Up to Rs.1 Lakh

  • Repayment Tenure: 3 - 12 months

  • Play Store Rating: 4.1/5

Credy offers instant personal loans with transparent processes and competitive interest rates. With no requirement for a guarantor or collateral, Credy ensures a hassle-free borrowing experience for its customers.

18. FlexSalary

  • Interest Rate: 18% - 54% p.a.

  • Loan Amount: Up to Rs.2 Lakh

  • Repayment Tenure: 10 - 36 months

  • Play Store Rating: 3.0/5

FlexSalary provides quick and flexible loans to salaried individuals with affordable interest rates and convenient repayment options. With no minimum salary requirement and easy eligibility criteria, FlexSalary caters to various financial needs effectively.

19. Payme India

  • Interest Rate: 18% - 42% p.a.

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: Up to 36 months

  • Play Store Rating: 3.7/5

Payme India offers a range of loan products with competitive interest rates and flexible repayment options. With minimal processing charges and convenient online application, Payme India ensures a hassle-free borrowing experience for its customers.

20. StashFin

  • Interest Rate: 11.99% - 59.99% p.a.

  • Loan Amount: Rs.1,000 - Rs.5 Lakh

  • Repayment Tenure: 3 - 36 months

  • Play Store Rating: 3.9/5

StashFin provides instant loans with flexible repayment options and competitive interest rates. With quick approval and disbursal, StashFin caters to diverse financial needs effectively.

21. Dhani

  • Interest Rate: 13.99% p.a. onwards

  • Loan Amount: Rs.1,000 - Rs.15 Lakh

  • Repayment Tenure: 2 - 24 months

  • Play Store Rating: 3.4/5

Dhani offers hassle-free personal loans with minimal documentation and quick disbursal. With competitive interest rates and flexible repayment options, Dhani ensures a seamless borrowing experience for its customers.

22. IndiaLends

  • Interest Rate: 10.75% onwards

  • Loan Amount: Up to Rs.50 Lakh

  • Repayment Tenure: 12 - 60 months

  • Play Store Rating: 4.0/5

IndiaLends provides instant loans with competitive interest rates and flexible repayment options. With quick approval and disbursal, IndiaLends caters to diverse financial needs effectively.

23. Buddy Loan

  • Interest Rate: 11.99% p.a. onwards

  • Loan Amount: Rs.10,000 - Rs.15 Lakh

  • Repayment Tenure: 12 - 60 months

  • Play Store Rating: 4.4/5

Buddy Loan offers hassle-free personal loans with minimal documentation and quick disbursal. With competitive interest rates and flexible repayment options, Buddy Loan ensures a seamless borrowing experience for its customers.

24. RupeeLend

  • Interest Rate: 0.1% - 1% per day

  • Loan Amount: Rs.10,000 - Rs.1 Lakh

  • Repayment Tenure: 61 - 90 days

  • Play Store Rating: 3.3/5

RupeeLend provides quick payday loans with minimal documentation and no hidden charges. With easy eligibility criteria and quick disbursal, RupeeLend caters to urgent financial needs effectively.

25. Upwards

  • Interest Rate: 18% - 32% p.a.

  • Loan Amount: Up to Rs.5 Lakh

  • Repayment Tenure: 6 - 24 months

  • Play Store Rating: 3.3/5

Upwards offers quick personal loans with competitive interest rates and flexible repayment options. With hassle-free online application and quick disbursal, Upwards ensures a seamless borrowing experience for its customers.

With this comprehensive list of the top 25 instant loan apps in India, you can now make an informed decision based on your financial needs and preferences. Choose the app that best suits your requirements and enjoy a hassle-free borrowing experience!

FAQs 🤔

  • How do instant loan apps differ from traditional bank loans?

Instant loan apps in India offer quick loan processing, minimal documentation, and flexible repayment options compared to traditional bank loans. They leverage technology to streamline the application and approval process, making it more convenient for borrowers.

  • What factors should I consider before choosing an instant loan app?

Before selecting an instant loan app, consider factors such as interest rates, loan amount, repayment tenure, eligibility criteria, processing fees, and customer reviews. Assessing these factors will help you choose an app that best suits your financial needs.

  • Are instant loan apps safe and secure to use?

Most reputable instant loan apps in India adhere to stringent security measures to safeguard users' personal and financial information. They use encryption protocols and secure payment gateways to ensure data privacy and protection against cyber threats.

  • What documents are required to apply for a loan through these apps?

While specific document requirements may vary depending on the loan app and the type of loan, common documents typically include identity proof (such as Aadhar card or PAN card), address proof, income proof (such as salary slips or bank statements), and recent photographs.

  • How quickly can I expect to receive the loan amount after approval?

Instant loan apps are known for their swift loan disbursal process, with many apps disbursing funds within a few hours of loan approval. However, the exact disbursal time may vary depending on factors such as the app's policies, bank processing times, and the completeness of your documentation.


  • How do instant loan apps differ from traditional bank loans?

Instant loan apps in India offer quick loan processing, minimal documentation, and flexible repayment options compared to traditional bank loans. They leverage technology to streamline the application and approval process, making it more convenient for borrowers.

  • What factors should I consider before choosing an instant loan app?

Before selecting an instant loan app, consider factors such as interest rates, loan amount, repayment tenure, eligibility criteria, processing fees, and customer reviews. Assessing these factors will help you choose an app that best suits your financial needs.

  • Are instant loan apps safe and secure to use?

Most reputable instant loan apps in India adhere to stringent security measures to safeguard users' personal and financial information. They use encryption protocols and secure payment gateways to ensure data privacy and protection against cyber threats.

  • What documents are required to apply for a loan through these apps?

While specific document requirements may vary depending on the loan app and the type of loan, common documents typically include identity proof (such as Aadhar card or PAN card), address proof, income proof (such as salary slips or bank statements), and recent photographs.

  • How quickly can I expect to receive the loan amount after approval?

Instant loan apps are known for their swift loan disbursal process, with many apps disbursing funds within a few hours of loan approval. However, the exact disbursal time may vary depending on factors such as the app's policies, bank processing times, and the completeness of your documentation.


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