Personal loans are the best when it comes to fuelling your cash flow in times of need. You don’t need to mention the reason for taking a personal loan to the lender. So, whether it is a health emergency, an urgent travel requirement, or simply a cash-crisis, a personal loan can be your financial cushion. Thanks to the internet, availing of personal loans is now much easier. You can even download instant loan apps and get a loan on-the-go. Here is a list of instant personal loan apps that can help you in times of a cash crunch:
10 Best Instant Personal Loan Apps:
- Fullerton India InstaLoan App:
Fullerton India is one of the leading money lending agencies providing people with emergency funds through their loan app. The loan processing is quick and hassle-free and is completed without physical documents with the Fullerton app. The key features are:
- Loan from 50,000 to 25,00,000
- Attractive interest rates starting @11.99%
- Loan tenure of 12 to 60 months
- Amount disbursed within 24hours
- Different types of loans available
- Credy App:
Credy is another app that is known for its quick approval within minutes if you are eligible. The loan amount is also dispersed within 48 hours of approval, and the process is quick and easy. You can also check your EMI on the app and then decide how much loan you want to take and for how long.
- Get up to Rs 1 lakh from the app.
- Quick application and approve
- Refer and earn bonuses
- Best customer support
- MoneyTap App:
It is yet another app for a quick and instant loan. Take a loan up to Rs 5lakhs and enjoy the paperless and fast process of applying for a personal loan.
- Pay interest for borrowed amount only and not whole.
- Flexible EMI up to 36 months
- It has a high-security interface for protecting sensitive information.
- Get instant approval within 4 minutes.
- KreditBee App:
KreditBee is an instant personal loan app specially made for young salaried people with a stable and decent monthly salary. Those who want to apply for an instant loan without any collateral can switch to KreditBee.
- Take up to Rs 2 lakhs of loan.
- Get money transferred directly to your bank account.
- Loan tenure is from 62 days to 15 months.
- Paysense App:
Paysense provides loans to both salaried and self-employed people. Get min—rs 5000 and up to Rs5 lakh loan without collateral. The auto-debit EMI option on the app makes it easier to grab the loan.
- The process of loan application is swift.
- Tenure of 3 to 60 months
- Paperless process
- Loan approval within minutes
- EarlySalary App:
EarlySalary is an instant loan app made for people with no credit history. A person having a stable monthly salary of Rs18000 and above can apply for a personal loan.
- Get a loan of Rs2 lakhs instantly approved and disbursed in your account within minutes.
- The application process is quick and straightforward.
- Use the EarlySalary limit to shop at the famous shopping sites.
- mPokket App:
This app is best suited to students and those with a new job. Get an instant loan of a minimum of Rs500, approved without any salary document and collateral. Students who have a job offer but didn’t yet join the office can also apply.
- Get student personal loan approval within 24hours with your student ID
- Get money transferred to your bank account or any wallet as you like
- If you want a higher amount and have a job offer, submit the offer letter for the higher loan amount.
- LazyPay App:
LazyPay offers loans from Rs10,000 to Rs 1,00,000 approved instantly. Use the LazyPay app to shop online.
- Check eligibility on the app itself.
- Get loans by following three simple steps
- Get your money transferred directly to your bank account.
- CashE App:
It requires no physical intervention of the receiver or documents but uses a unique algorithm to determine the user’s creditworthiness.
- Get the amount disbursed in your account within minutes if you are eligible.
- Get a loan of 9000 to 2lakhs for 180 days.
- Affordable rate of interest
- Fast process
- MoneyView App:
It is a managing app that helps you manage your expenses and secure a personal loan up to Rs5 lakhs. It also lets you keep track of your budget by reading your bank SMS.
- Get Rs5 lakh within 2hours
- Bill payment reminders
- Built-in expense tracker.
You can even apply for a personal loan on your lender’s website or by downloading the personal loan app. You can simply check your credit score and submit a form with your documents. If approved, your loan will be processed in no time.
