10 Best Instant Loan Apps in India

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Looking for an app that can help you get a personal loan? If yes then you’ve come to the right place as in this article, we’ve mentioned the 10 Best Instant loan Apps in India that offer instant personal loans at amazing interest rates.

Getting a loan has never been an easy task, the endless visit to banks, the paperwork, and whatnot. All thanks to technology, applying for a loan is such a relief now, especially with Instant loan apps, after all, they cut down the time required in a loan approval process. 

Best Instant loan Apps in India

These instant loan apps are very easy to use, just fill your details, upload basic documents to complete the mandatory KYC verification, and once approved, you will be notified of your eligible loan amount instantly. The loan amount will be then transferred into your bank account in a few minutes. As far as the safety of these apps is concerned, they display full disclosure regarding loans with no hidden agendas and therefore are completely safe to rely on. 

Here’s what these instant loan apps have to offer. 

1. PaySense

PaySense is one of the best Instant loan Apps in India that offers instant personal loans up to ₹5 lakhs at attractive interest rates, zero collateral & flexible EMI. You’ll have to upload a few documents to complete your KYC to get your loan approval and you’re good to go. Your account within no time once the loan is approved and the application procedure gets complete.

Download PaySense

2. EarlySalary


With EarlySalary, you can get an instant personal loan ranging from ₹ 1,000 to ₹ 5 Lakh with cash transferred to your bank in 10 minutes. To get a loan, you don’t need any credit history or pay any prepayment charges to close the loan account. The app has the lowest processing fees ranging between 0% – 4% of the loan amount. 

Download EarlySalary

3. CASHe

CASHe offers loans ranging from Rs 9,000 to Rs 3 lakhs with a credit period ranging from 62 days to 1 year. Documents that you need while registering are a photograph,  PAN card, Address ID proof, Aadhar card, and Bank statement. The app uses Secure Sockets Layers (SSL) based encryption for the transmission of personal information which is indeed the required level of encryption. 

Download CASHe

4. Dhani

Instant loan Apps in India

Dhani is another instant loan app in India that offers loans from ₹ 10,000 to ₹ 15 Lakhs, tenure ranging from 3 months to 36 months. The loans are available at interest rates from 1.2% to 3% p.m*. and processing fees range from min 1.5% to 6%. You can even secure your family with affordable monthly premium plans for medical and personal accidental insurances.

Download Dhani 

5. Money Tap

unnamed 91With Money Tap, you can get an instant personal loan online with zero collateral. The Interest rates here start from as low as 13% pa* for 3 to 36 months. With this app, you can avail loan of up to ₹5,00,000 and the best part is that you’ll have to pay interest on the exact amount you withdraw from your MoneyTap balance.

Download Money Tap

6. Nira

Nira is considered to be the best low-interest rate personal loan app that provides you 100% Online loans from Rs 2500 to Rs 1 Lakh directly into your bank account.  All you have to do is complete a short application form and once approved you’ll receive a loan on qualification instantly. Download this app and get money in your bank account within 24 hours.

Download Nira

7. IndiaLends

IndiaLends offers personal loans up to ₹50 lacs at interest rates starting 10.75% for a tenure ranging from 1 year to 5 years. You can even get credit card suggestions from over more than 40 options and then select the credit card that you think is best suitable for you. Once your loan amount gets approved, it is transferred to your bank account within 48 hours.

Download IndiaLends

8. KreditBee

With KreditBee, you can avail up to ₹2 Lakh as Direct Cash Transfer to Bank Account. You just need your PAN Card, ID & Address Proof and you’re good to go. You can even purchase on KreditBee’s partner platforms like Flipkart, Amazon, MakeMyTrip, Myntra, and more through e-vouchers, and pay the app later in EMIs. The app does charge a one-time service fee while onboarding and during the upgrade which is ₹30-₹350 depending on the membership band availed by the customer.

Download KreditBee

9. FlexSalary

FlexSalary offers personal loans of up to ₹2L that too without documents at an interest rate of 35% per annum. You can even take additional credit without any documentation once the loan gets approved. Moreover, you’ll receive instant cash in your bank account on the same day if you meet all the criteria stated by the app. 

Download FlexSalary

10. PayMe India

PayMe India allows you to apply for a loan of Rs. 500 to Rs. 2,00,000 for a tenure of 3 to 24 months with processing fees of 5% plus GST. The best part is that you need to pay interest only on the sanctioned loan amount and not on the unutilized amount. A new feature called ‘Pay Rent’ has been recently added to the app which enables customers to pay their monthly rent payment through Credit Card.

Download PayMe India


Which is the best instant loan app in India?

PaySense is one of the best Instant loan Apps in India that offers instant personal loans up to ₹5 lakhs at attractive interest rates.

How do you get an instant loan during lockdown?

You can use any of the aforementioned instant loan apps to get loans during the lockdown.

Is KreditBee app safe?

Yes, KreditBee app is completely safe to use.


So this was our list of 10 Best Instant loan Apps in India that will provide you instant loans in no time. Most of these apps come with no hidden cost or any requirement of collateral or a guarantor. The most interesting part is that some of these apps offer an EMI calculator, through which you can actually calculate how much you’ll have to pay every month.

Which app are you going to install to avail your loan? Is it PaySense or any other app? Let us know in the comment section below. 

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