8 Best Personal Loan Apps in India as of January 2022

A personal loan or line of credit can be of immense help and if you need urgent financial help, an online instant personal loan app is your best bet! Wondering which loan app to choose? Here’s a list of the top 8 best instant personal loan apps in India as of 2022.

Top 8 Instant Loan Apps in India

Although there are numerous personal loan apps today, not every app offers a high degree of convenience and flexibility. Here’s a list of the best personal loan apps in India that can offer instant personal loans and/or line of credit easily.

Loan Apps Name

Interest Rate (per month)

Loan Amount

PlayStore Rating

Money View

1.33% onwards

Rs.5,000-Rs.5,00,000

4.5/5

Money Tap

1.08% onwards

Rs.3,000-Rs.5,00,000

4.1/5

KreditBee

2%-3%

Rs.1,000-Rs.2,00,000

4.4/5

PaySense

1.08%–3%

Rs.5,000-Rs.5,00,000

3.8/5

CashE

2.75% - 3%

Rs. 9,000-Rs.4,00,000

4.3/5

Nira Finance

2% - 3%

Rs. 5,000-Rs.1,00,000

4.3/5

Navi

1.5% - 3%

Rs. 5,000-Rs.5,00,000

3.8/5

Early Salary

2% and above

Rs. 5,000-Rs.5,00,000

4.1/5

Dhani

1.16% onwards

Rs.1,000-Rs.15,00,000

4.2/5

Features and Benefits of the 8 Best Instant Loan Apps In India

While there are a number of personal loan apps in the market today, we have chosen 8 best loan apps based on popularity and other criteria. These are -

Money View

One of the most popular instant loan apps and the only one to have a 4.5 rating on Google PlayStore in the country today, Money View offers an unparalleled range of features and benefits to its customers. Some of these include -

MoneyTap

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 -

KreditBee 

KreditBee offers two types of personal loans - Flexi personal loan which is a small ticket personal loan that is perfect for emergencies or smaller expenses and a personal loan for salaried applicants. Some of the features and benefits are -

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 -

CashE

Are you a salaried individual looking for an urgent loan? Then CashE is a great option for you! Along with instant personal loans, CashE also provides line of credit and other financial services. Some of the features and benefits of their instant loans are -

Nira Finance

Are you looking for urgent financial aid that you can get within 3 minutes? Then a line of credit from Nira Finance is an option to be considered. Take a look at the features and benefits of their flagship product -

Navi

A digital lending app that provides loans online, Navi is one of the top lenders in the market today. Read on to know some of their features and benefits -

EarlySalary

Looking for a personal loan that can be credited to your account within just 10 minutes? Then EarlySalary is your best bet. Check out their salient features and benefits -

Dhani

Dhani is a credit application by Dhani Loans & Services that provides personal loans at affordable rates. Given below are some of the features and benefits of Dhani personal loans -

Conclusion

There are a plethora of personal loan apps in India today all offering varied features and benefits. As for which is the best loan app, that depends entirely on you. 

Whether it is low interest rates, convenient application process, or a high amount of loan, choose a personal loan that fits your requirements the best. If you are looking for an affordable, convenient personal loan that is given to even those with low interest rates, visit the Money View website or download the loan app to apply today.

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