Earlier, borrowers had to spend several days applying for a loan and getting approval. Now, reputed lenders have loan apps that make loan processing much easier and faster for both borrowers and lenders. Using an online loan app, borrowers can apply for their required loan from their smartphone in minutes and from home.
Since many loan apps are available these days, finding the best one seems quite complicated and time-consuming. To make things easier for the borrowers, we have prepared a complete list of 10 user-friendly instant loan apps to help you make an informed decision. It will help you to help you choose one that best suits your needs and preference
List of Top User-Friendly Instant Loan Apps:
- Fullerton India InstaLoan App
With the Fullerton India instant loan app, borrowers apply for a personal loan within minutes and get the loan disbursed into their bank accounts within 24 hours. Whether they want funds to cover expenses for a wedding, home renovation, vacation, or other planned or unplanned expenses, an instant loan from the Fullerton India loan app is easy, fast, flexible, and paperless. Fullerton India instant loans range from ₹ 50,000 to ₹ 25 lakhs, with a flexible repayment period of 12 to 60 months.
The entire application procedure to acquire a personal loan is online, and it also allows you to track your application status on the app. The documentation process is easy and hassle-free. If you are an existing customer, you can avail yourself of additional loan benefits.
- Bajaj Finserv Loan App
Apply for a personal loan from the Bajaj Finserv app to get instant approval and disbursal within 24 hours. Available for salaried employees within 21 to 67 years of age, they offer collateral-free personal loans of ₹ 30,000 to ₹ 25 lakhs with a repayment tenure of 12 to 84 months.
- LoanTap Personal Loan App
LoanTap is an online loan app that allows borrowers to apply for flexible and instant loans of ₹ 25,000 to ₹ 10,00,000. Some features that make LoanTap worth mentioning in this list include lower installments, no foreclosure charges, fast turnaround time, high loan amount, and minimal documentation. The app allows borrowers to register and upload documents easily.
- MoneyView Personal Loan App
MoneyView is an instant loan app with a mission to offer its customers a scalable and user-friendly lending platform. This app provides instant loans of ₹10,000 to ₹5,00,000 to individuals looking for short-term loans. Take advantage of their easy EMIs, hassle-free documentation, and 100% transparent loan procedures to get the money when you need it the most.
- EarlySalaryPersonal Loan and Salary Advance App
EarlySalary is a FinTech platform that has transformed the way people apply for loans in India. Lending from ₹8,000 to ₹500,000, the repayment tenure is between 90 days and 24 months.
- Upwards Quick Instant Loan App
Salaried individuals looking for quick personal loans of ₹ 20,000 to ₹ 3,00,000 apply at Upwards. Those earning a minimum salary of ₹ 15,000 apply for collateral-free instant loans with repayment tenure of 6 to 24 months. Take advantage of quick approvals, minimal documentation, competitive interest rates, and quick disbursals at Upwards.
- PaySense Personal Loan App
If you are looking for a personal loan for a wedding, two-wheeler, education, home renovation, vacation, medical emergency, or credit card bill payment, apply for a loan of ₹ 5,000 to ₹ 5,00,000 at PaySense. You can repay it in 3 to 60 months. What makes PaySense better than the others are attractive interest rates, flexible EMIs, and zero collateral requirement.
- SmartCoin Instant Personal Loan App
SmartCoin allows borrowers to apply for loans of ₹ 4,000 to ₹ 1 lakh. With flexible repayment tenure of 62 days to one year, the lender provides convenient EMIs, zero collateral, and competitive interest rates. Key features include minimal documentation, 100% digital loan processing, no prepayment charges, and fast loan disbursal.
- StashFin
At StashFin, borrowers may avail of personal loans of ₹1,000 to ₹5,00,000. It is powered by an RBI registered NBFC named Akara Capital Advisors. It has an easy and quick application process with flexible repayment plans and competitive interest rates.
- CASHe Personal Loan App
Salaried professionals can avail of a personal loan of ₹ 1,000 to ₹ 3,00,000 at the CASHe online loan app. Smart, hassle-free, and intuitive, it allows loan application and disbursal within minutes. Notable features include no collateral requirement, 100% paperless application, no foreclosure charges, and multiple EMI repayment methods.
These are the top 10 user-friendly instant loan apps you may choose from. With so many options to take an instant loan from, compare lenders wisely and make an informed final decision. Personal loan apps have revolutionized the loan industry. If you require funds to cater to an urgent need, the online loan apps in India can help you without putting any burden on your pocket.
Don’t buy or take loan from these all applications these all are frauds I have taken loan these all application in during lockdown and will not pay on time after that they shared my mobile number and my relatives numbers with third party application or person and they will call continue calls on my number and relatives number and used very bad words.
So I suggest you don’t buy any loan from these all applications.