Personal Loan Apps in India

Loan Apps

30 Best Instant Loan Apps in India

Avail personal loans from the best instant loan apps in India

 Updated on - 7 April 2025 

Personal loans are a great way to fulfill small goals in life. They help you splurge on a coveted device, or take care of your financial emergencies without spending all your savings.

Why waste your time scrolling through descriptions of apps to find out which is the best loan app in India? Here you can find the top online loan apps as well as the interest rate they charge, loan amount, and tenure they provide.

We have compiled a list of India’s best loan apps based on their Play Store ratings, which are convenient, highly flexible, and deliver on their promises. Take a look at the highest-rated instant loan apps in 2025!

List of Personal Loan Apps in India 2025

Sl. no.

Loan Apps

Interest Rate

Loan Amount

Repayment Tenure

Play Store Rating

1

IDFC First Bank

10.99% p.a. onwards

Up to Rs. 10 Lakh

Up to 60 months

4.9

2

Bajaj Finserv

1% - 32% p.a.

Rs.20,000 to Rs.40 Lakh

Up to 96 months

4.9

3

Moneyview

10% p.a. onwards

Rs.5,000 - Rs.10 Lakh 

6 - 60 months

4.8

4

Olyv (SmartCoin)

18% - 30% p.a.

Rs.1,000 - Rs.5 Lakh

2 - 24 months

4.6

5

Kissht

14% p.a. onwards

Rs.30,000 - Rs.5 Lakh

Up to 36 months

4.6

6

Buddy Loan

11.99% p.a. onwards

Rs.10,000 - Rs.15 Lakh

6 months - 5 years

4.5

7

KreditBee

17.00% - 29.95% p.a. 

Rs.1,000 - Rs.5 Lakh

3 - 36 months

4.5

8

Fibe (Formerly EarlySalary)

12% p.a. onwards

Rs.5,000 - Rs.5 Lakh

3 - 24 months

4.5

9

LazyPay

15% - 32% p.a.

Rs.3,000 - Rs.5 Lakh

3 - 60 months

4.4

10

CASHe

2.50% p.m. onwards

Rs.1,000 - Rs.4 Lakh

3 - 18 months

4.4

11

mPokket

Up to 48% p.a.

Up to Rs.45,000

61 days - 12 months

4.4

12

ZestMoney

11.99% onwards

Up to Rs.5 Lakh

3 - 36 months

4.4

13

True Balance

2.40% p.m. onwards

Rs.5,000 - Rs.1.25 Lakh

3 - 12 months

4.4

14

Home Credit

1.60% p.m. onwards

Up to Rs.5 Lakh

6 - 51 months

4.4

15

FlexSalary

18% - 54% p.a.

Up to Rs.3 Lakh

10 - 36 months

4.3

16

Navi

9.9% p.a. onwards

Up to Rs.20 Lakh

Up to 6 years

4.3

17

Nira Finance

2% p.m. onwards

Rs.5,000 to Rs.1.5 Lakh

3 - 24 months

4.2

18

Finnable

16% p.a. onwards

Up to Rs.5 Lakh

3 - 48 months

4.1

19

MoneyTap

13% p.a. onwards

Up to Rs.5 Lakh

3 - 36 months

4.0

20

Pocketly

24% - 36% p.a.

Rs.500 - Rs.50,000

Up to 6 months

4.0

21

IndiaLends

10.25% onwards

Up to Rs.50 Lakh

1 - 5 years

3.9

22

Hero FinCorp

19% - 30% p.a. onwards

Up to Rs.5 Lakh

Up to 36 months

3.8

23

StashFin

11.99% onwards

Rs.1,000 - Rs.5 Lakh

3 - 36 months

3.7

24

Lenditt: Personal Loan App

28% onwards

Rs.10,000 - Rs.2 Lakh

4 - 6 months

3.7

25

Payme India

1.50% p.m. onwards

Rs.500 - Rs.5 Lakh

3 -24 months

3.5

26

Dhani

13.99% p.a. onwards

Rs.1,000 - Rs.15 Lakh

3 - 24 months

3.3

27

LoanTap

12% - 24% p.a.

Rs.50,000 - Rs.10 Lakh

6 - 60 months

3.2

28

RupeeRedee

36% - 48% p.a. onwards

Rs.2,000 - Rs.1,49,000

Up to 12 months

3.2

29

SMFG India Credit (formerly Fullerton India)

13% onwards

Up to Rs.25 Lakh

12 -60 months

3.1

30

PaySense

1.4% - 2.3% p.m.

Rs.5,000 - Rs.5 Lakh

3 - 60 months

3.0

Best Loan Apps

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Personal Loans for Every Need

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Features and Benefits of the Best Instant Loan Apps in India

Here are the features and benefits of the 30 top loan apps in India - 

1. IDFC First Bank

IDFC First Bank is a good option if you are looking for an easy-to-use app, and here are some of its salient features - 

2. Bajaj Finserv

Bajaj Finserv is an Indian non-banking company that provides a variety of financial services. They have three variants of the personal loan product - flexi term loan, flexi hybrid loan, and term loan. 

Here are some other features of their loans - 

3. Moneyview

Moneyview is one of the most popular and the best-rated digital lending apps in India. It offers unparalleled benefits and features to its customers. Some of these include -

Need Urgent Funds?

Finance Your Dreams with Personal Loans

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4. Olyv (SmartCoin)

SmartCoin is an easy-to-use lending app for people who are looking for short-term loans. Salaried individuals and business owners can avail of loans from this app. 

Here are some features that make it stand out - 

5. Kissht

Kissht offers fully digital loans in a hassle-free process. Some of the main features of this app are -

6. Buddy Loan

With its head office in Bangalore, Buddy Loan claims to be the loan app with the highest rate of loan approvals. These features set it apart from other loan apps - 

7. KreditBee

KreditBee offers multiple types of personal loans - flexi loans and personal loans for salaried and self-employed applicants. Flexi personal loans are small ticket loans perfect for emergencies or smaller expenses.

Some of the features and benefits are -

8. Fibe

Fibe, formerly EarlySalary, offers attractive personal loans, financial freedom, and flexibility to its customers. It prides itself on being inclusive and provides instant cash loans to those with no credit score. The best part about Fibe is you can get a loan in just 10 minutes. 

Check out its salient features and benefits -

9. LazyPay

This app provides instant loans as well as many other services. You can also pay utility bills from this app. Let’s look at some features that make it stand out -

10. CASHe

Are you a salaried individual looking for an urgent loan? Then CASHe is a great option for you! CASHe employs a unique SLQ (Social Loan Quotient) to determine your eligibility for a loan.  

Some of the features and benefits of their instant loans are -

11. mPokket

mPokket offers secure and instant personal loans for students, salaried, and self-employed individuals. It provides pocket-sized personal loans in minutes with low interest rates without long-term EMI commitments making it one of India’s best instant loan apps.

Its features include - 

12. ZestMoney

ZestMoney is another unique finance platform that offers instant loans. Here are some features of the platform - 

13. True Balance

True Balance focuses on customers who don’t make online payments or who don’t have a credit score. Read about some major features of the app - 

14. Home Credit

This app provides easy, quick, and convenient loans within a few hours for all. Some more important pointers about Home Credit are - 

15. FlexSalary

Based out of Hyderabad, FlexSalary is another one of the top instant loan apps in India. Here is what sets it apart from the rest of the online loan apps - 

16. Navi

A digital lending app that provides loans online, Navi is one of the top lenders in the market today. They claim to approve and disburse loans within a few minutes. 

Read on to know some of their features and benefits -

17. Nira Finance

Nira Finance is another loan app that has been making waves in the financial space. This instant personal loan app gives approves loans up to Rs.1 lakh in just 3 minutes, and disburses them within 24 hours! 

Take a look at the features and benefits of their flagship product -

18. Finnable

Finnable is an app that gives a seamless and hassle-free experience. It is a start-up that helps employees get easy personal loans. Here is what sets this app apart from others -

19. MoneyTap

It is a personal loan app that provides a line of credit to customers, which works as an instant loan or a credit card. One of the primary highlights of MoneyTap’s line of credit is that you would pay interest only on the loan amount that you use and not the entire approved amount. 

Take a look at some of the other benefits offered -

20. Pocketly

This app is available for both Android and iPhone users and gives small loans with short repayment tenures. Here is what makes it stand apart -

21. IndiaLends

IndiaLends is a premium cash loan app that promises to release funds within 24 hours of loan approval. Here are some of its features - 

22. Hero FinCorp

Hero FinCorp is an app with a user-friendly interface that allows you to apply for instant personal loans. Here are some things that make it attractive -

23. StashFin

StashFin, founded by a team of experienced financial services professionals, is one of the top digital instant loan apps in India. Here are some features that set it apart from its competitors - 

24. Lenditt: Personal Loan App

This online loan app company is situated in Ahmedabad, Gujarat, and provides personal, medical, consumer durables, travel, vehicle, and home loans. Here are some features of the personal loan app -

25. Payme India

This online loan company is situated in Noida and provides a variety of products like payday loans, advance salary, and short-term cash loans. The following are some key features of the Payme India app - 

26. Dhani

Dhani is a loan app backed by Indiabulls Ventures, that lets you apply for a personal loan anytime, anywhere. Here are some unique features of this app - 

27. LoanTap

LoanTap offers customized loan options with pocket-friendly EMIs and flexible repayment plans. Given below are some of the features and benefits of LoanTap personal loans -

28. RupeeRedee

This app is an instant loan app that claims to disburse loans in 5 minutes. Here are some salient features of this app - 

29. SMFG India Credit (formerly Fullerton India)

SMFG India Credit gives affordable loans to self-employed and salaried people depending on their eligibility. Let’s look at some of the salient features of this app -

30. PaySense

This is another instant loan app that is gaining popularity owing to its quick loan approval and disbursement process. Some of the features and benefits of this app are -

Personalised Loans up to Rs.10 Lakh

Conclusion

If transparency, convenience, and flexibility are what matters the most to you, then Moneyview is the wisest choice! Apart from affordable interest rates, loans through the Moneyview app are instant and come with no hidden charges. 

Head over to the Moneyview website or download the loans app now and enjoy financial freedom!

Loan Apps - Frequently Asked Questions (FAQs)

Instant personal loan apps are the best way to borrow money instantly. You can read about the top 30 apps here, and choose the one that fits your requirements.
If your loan application is approved, the loan amount will be deposited into your bank account.
Yes. Some online lenders offer personal loans to applicants with low credit scores or no credit scores at all. However, they may charge a higher interest rate for such cases. 
Applying for an instant personal loan online is simple and time-efficient. With online loan applications, you can apply anytime and from anywhere without visiting a lender's office or the bank. If your loan application is approved, the loan amount will be deposited into your account right away.
Some online lenders allow you to pre-close a loan after a certain number of EMIs are paid. However, you may be charged a minimum fee for doing so. There are also some lenders who do not charge any prepayment fee.

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