Avail personal loans from the best instant loan apps in India
7 July 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!
Sl. no. |
Loan Apps |
Interest Rate |
Loan Amount |
Repayment Period |
Play Store Rating |
App Store Rating |
---|---|---|---|---|---|---|
1 |
IDFC First Bank |
9.99% p.a. onwards |
Up to ₹10 Lakh |
9 to 60 months |
4.9 |
4.8 |
2 |
Bajaj Finserv |
10% - 31% p.a. |
Up to ₹55 Lakh |
Up to 96 months |
4.9 |
4.7 |
3 |
Moneyview |
14% p.a. onwards |
₹5,000 to ₹10 Lakh |
3 to 6 months |
4.8 |
4.9 |
4 |
Olyv (SmartCoin) |
1.5% per month onwards |
₹1,000 to ₹5 Lakh |
2 to 18 months |
4.6 |
Currently not available on the App Store |
5 |
Kissht |
14% p.a. onwards |
Up to ₹5 Lakh |
Up to 60 months |
4.2 |
4.0 |
6 |
Buddy Loan |
11.99% p.a. onwards |
Up to ₹15 Lakh |
6 months to 5 years |
4.5 |
4.8 |
7 |
KreditBee |
12.00% - 28.50% p.a. |
₹6,000 to ₹10 Lakh |
6 to 60 months |
3.5 |
4.4 |
8 |
Fibe (Formerly EarlySalary) |
18% p.a. onwards |
Up to ₹5 Lakh |
6 to 36 months |
4.5 |
4.5 |
9 |
LazyPay |
12% to 36% p.a. |
₹3,000 to ₹5 Lakh |
3 to 24 months |
4.4 |
4.8 |
10 |
CASHe |
2.79% to 3.00% per month |
₹45,000 to ₹3 Lakh |
2 to 18 months |
4.4 |
4.3 |
11 |
mPokket |
24% to 39% p.a. |
₹1,000 to ₹50,000 |
6 to 12 months |
4.6 |
Currently not available on the App Store |
12 |
ZestMoney |
14% p.a. onwards |
Up to ₹5 Lakh |
3 to 36 months |
4.4 |
3.3 |
13 |
True Balance |
2.40% p.m. onwards |
₹5,000 to ₹2 Lakh |
6 to 12 months |
4.4 |
Currently not available on the App Store |
14 |
Home Credit |
1.60% p.m. onwards |
₹10,000 to ₹4.8 Lakh |
9 to 60 months |
4.4 |
4.8 |
15 |
FlexSalary |
18.00% to 36.50% p.a. |
Up to ₹3 Lakh |
Up to 36 months |
4.5 |
4.3 |
16 |
Navi |
Up to 26% p.a. |
Up to ₹20 Lakh |
Up to 84 months |
4.3 |
4.4 |
17 |
Nira Finance |
2% p.m. onwards |
₹5,000 to ₹1.5 Lakh |
3 to 24 months |
4.3 |
Currently not available on the App Store |
18 |
Finnable |
16.00% to 35.99% p.a. |
₹25,000 to ₹10 Lakh |
6 to 60 months |
4.3 |
4.1 |
19 |
Freo (Formerly MoneyTap) |
12% to 36% p.a. |
₹3,000 to ₹5 Lakh |
3 to 36 months |
4.2 |
3.9 |
20 |
Pocketly |
2% per month onwards |
Up to ₹50,000 |
2 to 6 months |
4.2 |
3.8 |
21 |
IndiaLends |
10.25% onwards |
Up to ₹25 Lakh |
1 - 5 years |
3.9 |
4.5 |
22 |
Hero FinCorp |
19% p.a. onwards |
Up to ₹5 Lakh |
12 to 36 months |
3.8 |
2.8 |
23 |
StashFin |
21% to 45% p.a. |
₹1,000 - ₹5 Lakh |
12 - 36 months |
4.2 |
4.2 |
24 |
Lenditt: Personal Loan App |
28% p.a. onwards |
₹7,500 to ₹3 Lakh |
Up to 365 days |
4.1 |
4.3 |
25 |
Payme India |
1.50% p.m. onwards |
Up to ₹10 Lakh |
3 to 24 months |
3.4 |
2.5 |
26 |
Dhani |
13.99% p.a. onwards |
₹1,000 to ₹15 Lakh |
3 to 24 months |
3.3 |
4.1 |
27 |
LoanTap |
Up to 29% p.a. |
₹50,000 to ₹10 Lakh |
6 to 60 months |
3.0 |
4.1 |
28 |
RupeeRedee |
12% to 36% p.a. |
₹2,000 - ₹1,49,000 |
3 to 12 months |
4.6 |
Currently not available on the App Store |
29 |
SMFG India Credit |
13% onwards |
Up to ₹30 Lakh |
12 to 60 months |
2.4 |
Currently not available on the App Store |
30 |
PaySense |
14.50% to 40.00% p.a. |
₹5,000 to ₹5 Lakh |
3 to 60 months |
2.9 |
Currently not available on the App Store |
Here are the features and benefits of the 30 top loan apps in India -
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 -
As existing customers, you can easily access your loan account details, statement details, outstanding balance, etc.
You can pay the loan at your own pace, as the loan repayment period can go up to 60 months
The quantum of the loan is up to ₹10 Lakh
The interest rate is affordable, starting from 9.99% p.a.
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 -
You can choose any of the three variants based on your requirement
You can complete the whole process right from the comfort of your home
Avail loans up to ₹55 Lakh
To be eligible, you should be between the ages of 21 and 80 years of age
The loans are unsecured and do not require any collateral
Affordable interest rates ranging from 10% - 31% p.a. and tenures up to 96 months
Moneyview is one of the most popular and best-rated digital lending apps in India. It offers unparalleled benefits and features to its customers. Some of these include -
The loan amount, once the application is approved, is disbursed within 24 hours in most cases
You can check your eligibility criteria in just 2 minutes from anywhere in the country
Very minimal documentation is required
You can get any amount between ₹5,000 to ₹10 Lakh
Interest rates start from just 14% per annum with flexible repayment tenures of up to 60 months
Moneyview’s partner lenders do not ask for collateral, and you can choose to repay the loan through auto-debit EMIs
Moneyview’s partner lenders’ credit rating model allows applicants with low credit scores to avail of a loan
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 -
All documentation can be completed online
The application gets approved within minutes, and you can get the funds within 24 hours
To be eligible, you must be between 21 and 60 years old
The minimum income requirement for eligibility is ₹20,000
Mini loans available starting from ₹1,000 - ₹5 Lakh that can be repaid within 2 - 18 months
Affordable interest rates starting from 1.5% per month onwards
Kissht offers fully digital loans in a hassle-free process. Some of the main features of this app are -
Personal loans up to ₹5 Lakh
Top-up loans with an extended tenure of up to 60 months
Loans are disbursed in 5 minutes
Multiple ways to pay EMIs
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 -
Loan approval within 48 hours of applying
Get loan offers up to ₹15 Lakh
Interest rates start at 11.99% p.a.
Comfortably pay off your loan in tenures of your choice, ranging from 6 months to 5 years
Any Indian citizen with a valid Aadhaar and PAN card can apply
If you are self-employed, you need company and GST details to be eligible
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 -
Depending on the type of loan availed, borrowers can get a loan amount between ₹6,000 to ₹10 Lakh
KreditBee claims to disburse the loan amount in just 10 minutes
The interest rate ranges from 12.00% - 28.50% p.a. and can vary based on the borrower’s credit history and other factors
The repayment tenure starts at 6 months and can go up to 60 months
The minimum monthly personal income should be ₹10,000 and the monthly household income should be ₹25,000 per month
The entire loan application process, from start to finish, is done online
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 that you can get a loan in just 10 minutes.
Check out its salient features and benefits -
You can avail of a loan up to ₹5 Lakh based on your eligibility
The entire application process is done online and is fully paperless
A unique feature of this lender is that you can apply for multiple loans on the same day, even if you already have a loan running with them
Another benefit Fibe provides is that it is available 24X7. You can apply for a loan at any time and get instant disbursal
Fibe also offers a salary advance to those who need a little extra cash on the side, with interest rates starting from 18% p.a.
You can repay the loan in easy installments that span up to 24 months
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 -
Loans from ₹3,000 to ₹5 Lakh
Interest rates range from 12% to 36% p.a.
Interest is calculated on a reduced balance basis
You can choose repayment tenures ranging from 3 to 24 months
Buy Now Pay Later options
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 -
Avail loan amounts ranging from ₹45,000 to ₹3 Lakh
You can get the amount in your bank account within 24 hours
Repayment terms vary from 2 to 18 months, making it a great short-term loan option
These loans can be availed online, which makes the application process easy and convenient
The minimum salary requirement is ₹40,000 per month
CASHe offers a carefully crafted loyalty program that allows its borrowers to enjoy benefits such as choosing lower interest rates or higher loan amounts
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 -
mPokket serves low-salaried and low-income earners by providing loans of ₹1,000 to ₹50,000
Once the eligibility criteria are fulfilled, the loan amount is disbursed within a few hours
College students can also avail a loan just by providing their college enrollment, student ID, mark sheet, or letter of admission as proof
The repayment tenure ranges from 6 to 12 months
The interest rates range from 24% to 39%
ZestMoney is another unique finance platform that offers instant loans. Here are some features of the platform -
You can apply for a loan even if you don’t have a credit score
It can also be used to shop online in easy EMIs
Avail loans up to ₹5 Lakh with interest rates starting at 14% p.a.
You can get gift cards from other popular shopping websites
Pay the money back in comfortable EMIs ranging from 3 - 36 months
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 -
They claim that you can apply, get your loan approved, and get the money within 30 minutes
They provide access to credit 24 hours a day
The interest rates start from 2.40% per month
You can borrow an amount between ₹5,000 to ₹2 Lakh
Repay the amount at your own pace with tenures between 6 to 12 months
This app provides easy, quick, and convenient loans within a few hours for all. Some more important pointers about Home Credit are -
It is part of the International Home Credit group and is present in many countries other than India
It is present in more than 150 Indian cities
No credit history is required to avail a loan from this app
Interest rates start from 1.60% per month, and tenures can be 12 - 48 months, based on your convenience
You can take a loan of up to ₹4.8 Lakh to meet any of your needs
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 -
All salaried individuals are eligible for a loan
The minimum income requirement is ₹8,000
Available in metro cities, as well as Tier I and Tier II cities
Affordable easy EMIs based on interest rates ranging from 18.00% to 36.50% p.a.
Up to ₹3 Lakh can be availed as a loan and can be repaid up to 36 months
The loan amount is disbursed within 24 hours
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 -
You can avail of a personal loan of up to ₹20 Lakh
Navi offers flexible EMI options of up to 84 months
The interest rates go up to 26% p.a.
The entire process of availing a loan is digital and can be done from anywhere
You can choose a repayment plan of your choice based on your eligibility
The loan amount will be credited to your account within a few minutes of approval
Nira Finance is another loan app that has been making waves in the financial space. This instant personal loan app approves loans up to ₹1.5 Lakh in just 3 minutes, and disburses them within 24 hours!
Take a look at the features and benefits of their flagship product -
Nira Finance offers a line of credit up to ₹1.5 Lakh
Once your documents and application are submitted, you can find out your credit limit in just 3 minutes
Nira Finance also offers credit to first-time borrowers without a credit history. However, if you are a seasoned borrower, then the minimum CIBIL score requirement is 681
Repayment tenure can go up to 24 months
You will also only have to pay interest for the amount used and not the entire amount that you are approved for
Interest rates start from 2% per month
While the entire loan process is paperless, you will need to submit hard copies once for the KYC purpose
The app is available in 6 Indian languages
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 -
You can calculate your EMI on the website before applying for a loan
EMIs are calculated using the reducing balance method
The loan is disbursed within 24 hours
Complete the whole process digitally
Repayment terms range from 6 to 60 months
Freo Money (Formerly MoneyTap) is a personal loan app that offers a line of credit to customers, functioning as an instant loan or a credit card. One of the primary highlights of Freo'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 -
The no-usage-no-interest feature ensures that one pays interest only on the amount used and not the entire amount availed
You can avail of any amount up to ₹5 Lakh, and the interest rates start at 12% per annum
Whenever you need cash, you can borrow any amount up to your entire approved credit limit, as and when you need it
Get online approval in 4 minutes with minimal documentation.
Flexible repayment tenure from 3 to 36 months is offered
Borrow any amount from ₹3,000 up to your approved borrowing limit, paying interest only on what you use.
Enjoy a complimentary Freo Credit Card for flexible spending.
The applicants should be above the age of 23 years and have a minimum monthly income of ₹30,000
Easily handle credit, repayments, and fund transfers through a user-friendly mobile app.
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 -
Quantum of loans up to ₹50,000
Interest rates start from 2% per month
Loan tenures range from 2 to 6 months
It has relaxed eligibility criteria with an income requirement of just ₹15,000
Both salaried and self-employed individuals can avail of loans from this app
IndiaLends is a premium cash loan app that promises to release funds within 24 hours of loan approval. Here are some of its features -
Low interest rates that start from 10.25% p.a.
Instant loans can be availed directly from the app after checking your CIBIL score
Loan disbursal within 24 hours
Up to ₹25 Lakh can be availed as an instant loan
Repay the loan amount through easy EMIs ranging from 1 - 5 years
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 -
No hidden charges or expenses
Quick loan approvals within minutes
Paperless process, 100% online
Should be between 21 and 58 years old to be eligible
The minimum monthly income requirement is ₹15,000
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 -
Loans are available for as low as ₹1,000 and can go up to ₹5 Lakh
Once you register, a rate quote is provided within 5 minutes
You can repay the loan through digital payments over a range of 12 - 36 months
The rate of interest starts from 21% based on your eligibility
Nominal processing charges
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 -
100% digitized procedure
Apply for the loan as many times as you want
Interest rates starting from 28% p.a.
Disbursal within 15 minutes
No collateral and no hidden charges
Provides loans to salaried and self-employed people
Salaried applicants must have a minimum income of ₹25,000
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 -
Offers loans to salaried and self-employed individuals
Low interest rates starting from 1.50% per month
The total loan procedure can be completed on the app
Convenient and flexible repayment plans for up to 24 months
The loan amount can go up to ₹10 Lakh
The loan is disbursed within 24 - 48 hours
The minimum income requirement is ₹15,000 for salaried and ₹25,000 for self-employed applicants
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 -
Avail unsecured loans with no physical documentation
Only PAN and address proof are required to be provided for verification
You can repay the loan within 3 - 24 months
Loans starting from ₹1,000 to ₹15 Lakh depending on your requirement
Interest rates start from 13.99% p.a.
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 -
LoanTap lends any amount between ₹50,000 to ₹10 Lakh based on the borrower’s requirement
Once the loan is approved, you will be credited with your loan amount in 24-36 hours
To qualify for a LoanTap personal loan, you must be an Indian citizen between the ages of 23 and 60, earning at least ₹30,000 per month
You can make your EMIs more affordable by choosing a flexible repayment plan from 6 months to 60 months
LoanTap has a transparent loan process and consists of no hidden charges or pre-payment charges
After 6 months of disbursement, you can switch to an EMI-free loan or an accelerated repayment option, at your convenience
This app is an instant loan app that claims to disburse loans in 5 minutes. Here are some salient features of this app -
Anyone between the ages of 18 and 65 and with a minimum monthly income of ₹15,000 is eligible for a loan
You just need your Aadhaar, PAN, and Net banking details to apply
You can get loans from ₹2,000 to ₹1,49,000
You can avail of loans at interest rates starting from 12% p.a. onwards
Repay with ease through tenures up to 12 months
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 -
Apply for loans from the comfort of your home
The application process is 100% paperless
No collateral is required as loans are unsecured
Calculate EMIs before applying on their website
To be eligible, you need to be between 22 (25, if you’re self-employed) and 65 years old
The minimum required income to apply is ₹20,000 to ₹25,000, depending on the city you live in
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 -
A unique feature is that PaySense offers loans to applicants who are new to borrowing and have no credit history
You can get a loan amount between ₹5,000 to ₹5 Lakh
The amount gets disbursed within 4 days of approval
The interest rate ranges from 14.50% to 40.00% p.a. and the tenure can be between 3 - 60 months
It offers personal loans to both salaried and self-employed applicants
Paysense also provides reminders, and auto-debit features to help you keep track of EMI payments
Personalised Loans up to Rs.10 Lakh
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 from the Play Store or the App Store to enjoy financial freedom!
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