Are you in search of the best instant personal loan apps in India?
Your search ends here. We have listed the top instant personal loan apps where you can get your desired loan amount online.
If you are required to take a quick loan then there are limited options in India. One is to take personal loans from traditional banks in India. This can take a long time and lots of documentation.
The second option is you can take a loan with a credit card in India but the interest on the loan provided by credit cards is very high.
Another option is you can ask for money from your friends and family but again this is not a very good option for getting instant cash. And one more thing, not everyone gets advance salary credit from the employer in India.
So the best option to get quick money in India is from personal loan apps. Here you will get the money in a short period and the process is simple and requires less paperwork
To make things easy for you we have listed some of the famous personal loan apps in India
30+ Best Instant Personal Loan Apps in India 2025
| App Name | Interest Rate(Per Month) | Loan Amount |
| AnyTime Loans | 1.5 – 4.5% | ₹ 1k – ₹ 10 Lakh |
| Bajaj Finserv | Starts from 12.99% | Up to ₹ 25 Lakh |
| Capital First Limited | 1.16 – 1.33% | ₹ 1 Lakh – ₹ 25 Lakh |
| CashBean | Starts from 2.08% | ₹ 1.5k – 60k |
| CashE | Starts from 1.75% | ₹ 5k – ₹ 2 Lakh |
| CRED Cash | 1 – 3% | ₹ 50k – ₹ 10 Lakh |
| Credit | 1 – 1.5% | ₹ 10k – ₹ 1 Lakh |
| Credy | 1 – 1.5% | ₹ 10k – ₹ 1 Lakh |
| Dhani | 1 – 3.17 % | ₹ 1k – ₹ 15 Lakh |
| Early Salary | 2 – 2.5% | ₹ 3k – ₹ 2 Lakh |
| Flexsalary | Up to 3% | ₹ 4k – ₹ 2 Lakh |
| Home Credit | 2.4 – 3.3% | ₹ 10k – ₹ 2 Lakh |
| IDFC FIRST Bank | 0.87 – 2% | ₹ 50k – ₹ 10 Lakh |
| IndiaLends | 0.9 – 3 % | ₹ 15k – ₹ 50 Lakh |
| InstaMoney | 2 – 2.99% | ₹ 5k – ₹ 25k |
| InstaRupee | 1.66 – 2.5% | ₹ 5k Maximum |
| KreditBee | 2 – 3% | ₹ 1k – ₹ 1 Lakh |
| Kreditzy | start from 0% | Up to ₹ 2 Lakh |
| LazyPay | 1.25 – 2.6% | ₹ 10k – ₹ 1 Lakh |
| LoanTap | 1.5 – 3% | ₹ 50k to ₹ 10 Lakh |
| MobiKwik | 0.91 – 3% | ₹ 10k – ₹ 5 Lakh |
| Money View | 1.33 – 2% | ₹ 10k – ₹ 5 Lakh |
| MoneyTap | 1.08 – 2.03% | ₹ 3k – ₹ 5 Lakh |
| mPokket | Starts from 3.5% | ₹ 500 – No Max. limit |
| NIRA | 1.5 – 2.5% | ₹ 3k – ₹ 1 Lakh |
| PayMe India | 2 – 6% | ₹ 1k to ₹ 1 Lakh |
| PaySense | 1.08 – 2.33% | ₹ 5k – ₹ 5 Lakh |
| Paytm | – | Up to ₹ 2 Lakh |
| RapidRupee | 1% | ₹ 1k – ₹ 60k |
| Rupeelend | 3 – 30% | ₹ 10k to ₹ 1 Lakh |
| Smart Coin | 2.5 – 3% | ₹ 1k – ₹ 25k |
| StashFin | 1 – 5% | ₹ 500 – ₹ 5 Lakh |
| uuCash | – | ₹ 1k – ₹ 20k |
| ZestMoney | 3% | ₹ 1k to ₹ 10 Lakh |
The internet is playing a vital role in our lives and now anyone can use the internet and purchase anything from groceries to smartphones from the comfort of their home without hassle. And this is not different when it comes to acquiring personal loans in India.
There are lots of instant personal loan apps in India. You can take benefits from these apps and get a personal loan as per your need. The money will be credited to your account in a matter of time.
Reasons to Take Personal Loan and Documents Required
A personal loan is best because one can use it as per their need. This can be availed to meet the shortage of funds or emergency financial needs. There are so many benefits of a personal loan. Here are the most significant features of a personal loan and a list of documents required.
| Personal Loan Features | Documents Required |
| Finance for your need | Valid identity card (Aadhar card) |
| Easy approval and disbursal | A recent photograph |
| No collateral required | Salary slip (In case of a salaried person) |
| Fixed-Rate of Interest | Bank statement |
| Flexible loan tenure | KYC form |
| Tax benefits | – |
Features and Benefits of Instant Loan Apps
Instant personal loan apps enable anyone to get a loan amount with the help of the internet in no time and minimum paperwork required. The agreed loan amount will be credited instantly or within a few days depending on loan issuer processing time. Here are the features of instant loan apps.
#1. Quick process
Instant personal loan apps help you get the money as soon as the loan gets approved. The best part is you do not have to go anywhere to avail of the loan. The loan availability is easy now due to huge competition in the market.
#2. Save Time
If an emergency arises due to any circumstances then you can use these instant loan apps to avail the required funds. You do not need to visit any bank branch to avail of the loan because you can get the required loan amount from sitting at home with the help of a few clicks online. These instant personal loan apps are best for you to avail of the loan in no time.
#3. Digital Documentation
There was a time when you had to submit a self-attested hard copy of the application and other documents to avail loan. But the time online you can upload the scanned copy of the documents to process the loan easily.
#4. Access anywhere
The instant loan apps are famous because anyone availing doesn’t have to wait in queues to get a loan processed. You can process the loan application from anywhere with the help of the internet. You can track applications online and the loan amount gets credited online.
#5. Collateral-free
One of the best things about online loan applications is you can get the loan without needing any collateral or security deposit. It means you will get a loan without keeping anything in exchange for the same.
#6. No end-usage restrictions
When you get a loan through these online loan apps you can use it anywhere you wish. There is no restriction, unlike the home loan. The funds you get from the loan you can use for traveling, home renovation, or anything you wish for.
#7. No credit history wanted
There are many online loan applications that do not require any credit history from you. You need to meet the general loan eligibility and a few necessary documents and you are ready to get a loan.
Let’s Discuss the Best Instant Personal Loan Apps in Details
AnyTime Loans
ATL (AnyTime Loans) provides on-demand 24×7 loan services for self-employed and salaried individuals. The process to avail of the loan from AnyTime Loans is completely paperless.
AnyTime Loans offer unsecured loan services in India. Such as K12 education loans, Personal loans, Business loans, etc.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Contactless Loan Frictionless Instant, 24×7 loans | The interest rate is high Max loan 10 Lakh No balance transfer | Residing citizen of India Age 21 years to 67 years Minimum CIBIL score of 750 |
Suitable For: Any Individual requires a 100% paperless loan in no time with no guarantor required.
Bajaj Finserv
Bajaj Finserv Limited is an Indian non-banking financial services company headquartered in the city of Pune, India. Bajaj Finserv is focused on lending, asset management, wealth management, and insurance.
Bajaj Finserv provides an instant loan service that is immediately approved and disbursed within 24 hours. There is no collateral required to avail loan from Bajaj Finserv Limited.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Instant approval of the loan Collateral-free loans Reduce installment up to 45% | High-interest rates The lengthy process of repayments Late fee charges | Residing citizen of India Age 21 years to 67 years Salary 22k or higher |
Suitable For: Women, government & public sector employees, school teachers, college professors, and more.
Capital First Limited
Capital First Ltd. was an Indian non-bank financial institution providing debt financing to small entrepreneurs, MSMEs, and Indian consumers. Capital First was founded in 2012 by V. Vaidyanathan. The company was listed on the NSE and BSE.
Capital First Limited is the perfect solution for all your lending requirements. Mostly the loan application is processed within two minutes online. There are different types of loans available to cater to your financing needs.
| Key Highlight | Disadvantages | Eligibility Criteria |
| 2 minutes loan disbursal Flexible repayment tenure Minimum paperwork | High-interest rates Personal Loan Processing Fee Part Payment Charges | Income INR 15k to INR 25k Age 21 years to 58 years Minimum CIBIL score of 750 |
Suitable For: People require higher amounts on stable interest rates
CashBean
CashBean is known as P C Financial Services Private Limited registered under RBI. It was founded in 2018 and became popular quickly for small loans. You can avail loan from the mobile app or use the website of the CashBean.
You will be charged 18% GST on processing fees and the interest payable online. The tenure for loan repayment is less compared to other loan services provided in India.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Founded in 2018 No paperwork User-friendly mobile app | 18% GST is applicable High-interest rate 26% p.a. Only 60k loan maximum | Residing citizen of India Age 21 years to 67 years Minimum CIBIL score of 750 |
Suitable For: It is better for people who do not want to be involved in paperwork
CashE
CashE was founded in 2016 by V. Raman Kumar. It is the best app to avail loan during any financial crisis arising by any means. CashE for young salaried individuals whose bank may refuse to provide a loan.
This personal loan application provides short-term loans for 15, 30, 90, and 180 days in India. You can get any amount from INR 7k to 4 lakh.
| Carry loan amount to Paytm wallet Round-the-clock service Flexible EMI tenure | Disadvantages | Eligibility Criteria |
| The high rate of interest starts at 27% p.a. More time for document verification Need a good credit score | The high rate of interest starts at 27% p.a. More time for document verification Need a good credit score | Residing citizen of India Age 21 years to 67 years Minimum CIBIL score of 750 |
Suitable For: It is good for an income of INR 15k per month in India.
CRED Cash
CRED cash personal loan services are offered by the application called CRED. It is available for CRED members only. It gives every CRED member a credit line you can avail of any amount from the given credit line.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Loan amount up to INR 10 lakh Loan tenure 1-5 years Interest range from 12%-36% | Only CRED members Minimum 750 credit score Loan processing fee | Residing citizen of India Age 21 years to 67 years Minimum CIBIL score of 750 |
Suitable For: Individuals having good CIBIL scores and required loans at lowest interest rates
Credit
Credit an instant personal loan app a product of Credify Technologies Private Limited. You can fulfill your financial need by availing of the instant loan that is disbursed within 10 minutes.
One of the best things is Credit does not check credit history and bank-level security check and do not require collateral for the loan. You can avail of a loan ranging from INR 5k to INR 30k.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Great services Loan Amount 10k to 1 lakh Flexible repayment tenure | Tenure time is less Maximum loan amount 1 lakh Processing fee The loan is not available of PAN India | Residing citizen of India Age 21 years to 67 years Minimum CIBIL score of 750 |
Suitable For: Individuals looking for a quick loan to own gadgets or mobile phones.
Credy
Credy is a personal loan app of Credy Technologies offering quick solutions for emergency financial needs. You can get personal with personalized terms and conditions. Very quick processing of loan by Credy.
You will get flexible tenure from 3 to 15 months for repaying the loan amount in India. You can take a quick loan from Credy and fulfill your desire like funding your or your child’s education.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Interest rate 1-1.5% per month No hidden cost Simple and fast process | Limited loan amount Fewer tenure periods Processing fee | Residing citizen of India Age 21 years to 67 years |
Suitable For: Good for people looking for low-cost interest loans in India
Dhani
Dhani is one of the best personal finance loan apps in India. You will get the loan amount credited quickly to your bank account. You can avail of a loan for any purpose, anytime, anywhere in India.
As some sources say Dhani first started a drugstore and later entered the financial services sector. There are many benefits to getting a personal loan from Dhani.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Interest rate 10% to 13.99% Laon amount from INR 1 k to INR 15 lakh Apply for the loan anytime | Primary documentation during registration takes time Not available for all e-commerce platforms | Residing citizen of India Age 21 years to 67 years Minimum CIBIL score of 750 |
Suitable For: Salaried and self-employed individuals
Early Salary
Early Salary is a fintech company headquartered in Pune, India. The company offers personal loans for last-minute cash needs like a sudden travel plan for a medical emergency.
A personal loan from Early Salary is the solution for your financial need and you can apply for this personal loan online with an easy process. To get a loan from Early Salary you will require a selfie, identity proof, address proof, and proof of income.
| Key Highlight | Disadvantages | Eligibility Criteria |
| Requires minimal documentation Get a loan in 10 minutes Super easy process to get a loan | High-interest rates Maximum loan amount only 2 lakh Not Good for people looking for a higher loan amount | Residing citizen of India Age 21 years to 55 years Minimum salary ₹18k and ₹15k for metro and no-non metro cities |
Suitable For: Good for people who require the money early to keep their financial needs intact.
Instant Personal Loan Apps – FAQ
Q1. Is the Instant Loan App safe?
Yes, In general, we can say it is similar to one of the professional lenders but their a high interest rate and are not negotiable for loan repayment. These instant loan apps provide loans without paperwork. Instant loan apps are safe and secure from a less qualified browser’s point of view.
Q2. What are the best features of the Instant Loan App?
There are many things good about it but one of the best parts is there are no hidden fees you know how much you have to pay while repaying your loan amount. Instant loans offer 100% privacy.
Q3. Does the Instant Loan App do credit checks?
Yes, instant personal loan apps do check the credit history same as other lenders to make sure you can pay the loan amount on time in full. In case, you do not have a credit history the app automatically denies the loan.
Q4. Is there anything I can do if I’m denied?
In short, no, once you are denied a loan that means you do not have a credit history or have a bad credit history. In case, you need a loan you can try again after some time.
Q5. Can I use my phone to apply with the Instant Loan App?
Yes, instantly you need to download an instant personal loan app and log in using the required credentials. Once you are logged in you can check your loan eligibility.