For Instant Online Personal Loan, you have many applications online from which you can take online loan and can also apply offline. In this post we share Best Instant Loan Apps in India, With this you can also take personal loan along with education loan. But before taking any kind of loan, you should get complete information along with its interest rate.
Today we are going to give you complete information about India’s best instant loan app like how much loan you can take from these apps, loan repayment time, loan interest etc. So read this article till the end.
Why should you take a personal loan?
People have various reasons for getting a personal loan. Here are some of the significant ones:
- Easy approval
- Finance for home renovation
- Fast disbursal
- No collateral wanted
- Fixed-Rate of Interest
- You can choose the loan period
- Tax benefits
Here are a few documents that you would need to submit to get a loan from the best instant loan apps in India.
- Aadhar card
- Salary slips
- A photograph
- Bank account details and statements
- KYC form
With the help of these instant loan apps, the application process of personal loans has become pretty easy and quick. Every one can apply with follow simple tips.
Best Instant Loan Apps in India
We are going to tell you about 5 best instant loan apps from which you can easily take an online loan. You can see all the list below.
1. Dhani App
Dhani App is the first number in the fastest instant loan app in India. From here you can take a loan very easily in no time and the special thing is that you do not need to go anywhere for this. With this app, you can take a loan from Rs 1000 to Rs 15 lakh. For your information, let us tell you that Dhani App charges around 3.17% interest per month. So far more than 50 million people have installed this app in their mobile.
If you want to take loan from Dhani App then you must have the necessary documents to take loan like Aadhar Card, Pan Card, Bank Account and good Cibil Score. Only then you can apply Dhani Loan Online. This app is best for people who want speedy loans with low-interest rates.
Download Here – Dhani App
The second best instant loan app in this list is Money Tap. From here, you can take a loan of Rs 3 thousand to Rs 5 lakh, Money Tap charges about 1.08% – 2.3% interest on the amount you take on a monthly basis. Which you can download from Google Play Store. Money Tap has got a 4.2+ rating on the Play Store. More than 10 million people have installed Money Tap in their mobile so far.
Download Here – MoneyTap
The best instant loan app is Paysense at number three in this list. With this application, anyone can take a loan of Rs 5 thousand to Rs 5 lakh. On which Paysense charges around 1.08% to 2.33% interest per month. The special thing about this Aap is that it gives you loan even without salary slip. This loan is best for people who have a minimum salary of Rs.18 000 a month.
CASHe is a very good one which helps you a lot in emergency or financial crisis. With this app, you can take loan from 1 thousand to 4 lakh rupees. The rate of interest starts at 27% p.a. With this you can take a loan from 15 days to 180 days. They have a 100% paperless loan application process.
5. Bajaj Finserv
Bajaj Finserv is a very good online loan app. It offers loan based on your credit score. With the Bajaj Finserv App, you can take a loan from 30 thousand to 25 lakh rupees. But it also depends on your eligibility. Through Bajaj Card and App, you can easily take many ELectric and Home Appliance for monthly installation. For your information, let us tell you that till now more than 10 million people have installed Bajaj Finserv in their mobile.
Best instant loan apps also include RupeeLend App. Through this, you will get the loan in just a short time. Through RupeeLend, you can take a loan from Rs 10,000 to Rs 1 lakh instantly. This app has millions of downloads on Google Play Store. Its rating is above 3.0. So far more than 5 million people have installed RupeeLend in their mobiles. If you also need a loan, then you will get it immediately.
Loans ranging from Rs 10,000 to Rs 1 lakh can be availed very easily through Lazypay. You can download it from Google Play Store. Lazypay has got 4.6+ Rating on Play Store. So far more than 5 million people have installed Lazypay in their mobiles.
8. IDFC First Bank
If you want to take a loan for your home and anything else, then you can try IDFC First Bank. From here you can take a loan ranging from 1 to 25 lakhs. It is a registered bank which is approved by RBI. However, compared to other apps, it may have to pay a little more interest. But you will get the loan immediately.
FAQ – Best Loan Apps in India
Dhani App is one of the quick loan giving apps in India, With no hidden costs, no requirement of collateral or a guarantor, fast online processing.
NBFCs, and peer-to-peer platforms provide you instant personal loans in a matter of minutes.
This was the list of best instant personal loan apps in India; From which you can choose any app according to your need and budget. But one thing should always be kept in mind that loan should be taken only in case of emergency because in this you have to pay interest more than the principal amount.