15+ Best Instant Loan App In India #2022

Traditional banks take a long time to process personal loan applications, and money lenders are known to charge high-interest rates making the process very dubious. In this whole financial setup, personal loan apps have emerged as an excellent idea to provide safe and hassle-free immediate cash loan in India within 1-hour.

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MoneyTap is India’s first app-based credit line. The best part is its no-usage-no-interest feature, which has made taking credit more affordable. Thanks to this feature, you only pay interest on the amount used. It is a personal loan app that provides a line of credit to customers, which works as an instant loan or a credit card.

MoneyTap is essentially a money lending company with flexible interest rates, currently servicing clients in Delhi NCR, Mumbai, Bangalore, Hyderabad, and Chennai as well as 30+ cities in India.

Let’s take a look at a hypothetical example to understand how MoneyTap’s Personal Loan 2.0 works: 
Arjun has been approved for a credit line of ₹ 1 Lakh with MoneyTap but he uses only ₹ 50,000 out of it. If he had taken a traditional personal loan he would have been charged interest on the entire ₹ 1 Lakh from day 1. But, with MoneyTap, he will only be charged interest on the amount he uses (₹ 50,000).

With MoneyTap:
Amount to be paid after 1 year, assuming 13% interest rate, loan amount = ₹ 100,000, used only = ₹ 50,000:
50,000 X 13 = 56,500
Arjun will end up paying ₹ 56,500 by end of the year.

With a traditional personal loan:
Amount to be paid after 1 year, assuming 13% interest rate, loan amount = ₹ 100,000: 100,000 X 13 = 113,000
Arjun will end up paying ₹ 113,000 by end of the year.


 Personal Loan

This is also best Personal Loan App Android 2019 and has this app now and get personal loan up to Rs 5 lakh in just few hours. This app let you to do more with your life. With this app, you can furnish your home, throw a party, take a break and can also cover marriage expenses. With this app, you can apply loan up to 5 lakh Rs. There is no document pick up required for this personal loan approval as this loan is completely app based. This app is backed by brilliant customer service. Have this app now!



Founded by SayaliKaranjkar and Prashanth Ranganathan, PaySense is another company that offers instant cash loans online, through their website as well as a loan app in India. Applicants can use a phone or laptop to check their eligibility, submit their KYC details and apply for a loan, receiving approval within 5 hours. The company provides personal loans online of up to ₹ 2 Lakh and loan seekers can use anywhere from ₹ 5,000 up to their entire approved limit at one time. PaySense also offers an EMI calculator through which users can check how much they will be paying every month.



This is amazing app and it will instantly provide you loan from Rs 1000 to Rs 50,000. This app will provide you instant and easy loan for medical emergency, marriage expenses, for two wheeler, paying school and collage fees, upgrading to new electronics, for jewellery, home decor and many more. This loan is completely digital loan. You need to upload just few documents. There is no need of any physical visits. Download this app now and borrow cash at your convenience by just few clicks any time and any where.



Download this app now and get affordable, convenient and fast loans. This will never ask for your credit history. In order to apply for loan, all you need is to log into the GoRupee mobile app and then verify your mobile number. After this, you need to upload few basic details and some documents. After this you can apply for loan. Once you get approval for loan, you can select the loan amount and the money will be credited directly in your account. Have this app now!



IndiaLends is a digital lending and borrowing marketplace for instant personal loans, credit cards, and free credit reports.IndiaLends offers instant personal loans online with the best interest rate and disburses the loan within 48-hours.

IndiaLends’ instant loan app in India extensively makes use of data and technology to improve workflows and risk assessments so that the loan disbursal process is efficient, shorter and easier.


KreditBee is an instant personal loan app for young professionals. You can get a loan of up to ₹ 1 Lakh. The loan process is 100% online. The disbursement is done within 15 mins, and the amount is directly credited to your bank account.


NIRA is a FinTech company that offers a line of credit to salaried professionals in India. The personal loan offered to you is in the form of a line of credit, which has a credit limit range starting from ₹ 10,000 to ₹ 1 Lakh.

The loan tenure ranges from 3 months to 1 year. You can withdraw a minimum of ₹ 5,000 each time. The interest applied to the loan amount depends on how much you borrow and when you repay the borrowed amount.


CASHe is an app-based digital lending platform that provides short-term personal loans for various financial needs, but only to salaried individuals. Users need to provide documents such as salary slips, bank statements, address proof, and PAN card, which can all be uploaded through their cash loan app while applying for a loan.

Customers can also check loan eligibility and interest rates online, using a quick calculator. The approved loan amount can range from ₹ 10,000 to ₹ 2 lakh, with tenures ranging from 15 days to 6 months. Repayments can be made through a bank transfer or cheque deposit every month.

 Capital First Limited

Capital First’s instant loan app in India is a one-stop solution for most of your financing needs. Your online loan application is sanctioned within 2 minutes. The company provides flexible repayment tenure of 1 to 5 years for a loan amount ranging from ₹ 1 Lakh to ₹ 25 Lakh.

If you are an existing customer, you can easily access your loan account details, statement details and raise service requests. You can also check your outstanding balance and your payment dates.

Credy Technologies

Credy has a quick loan app in India that provides personal loans on personalised terms. With no hidden costs, no requirement of collateral or a guarantor, fast online processing, and acceptance of a low CIBIL score, Credy is simple, fast and low-cost.

The company provides loan durations ranging from 3 to 12 months for amounts between ₹ 10,000 to ₹ 1 lakh. The rates of interest start at 12%, annualised. You can utilise Credy for quick cash loans, enhancing lifestyle, refinancing loans and credit card bills, and for financing education- either for yourself or your children.

Money View

With Money View personal loan app, you can get a personal loan in just 2 hours. Whether youwant to remodel your home, buy an expensive ride or cover your wedding expenses, a personal loan from Money View is completely paperless, fast, easy and flexible. Money View loan amount ranges from ₹ 10,000 to ₹ 5 Lakh. The repayment period is flexible and ranges from 3 months to 3 years.

 Early Salary, a FinTech start-up in Pune has been creating ripples in the way money lending happens in India. Their personal loan app allows an easy and fast way to get instant loans. The loan amount limit is up to ₹ 2 Lakh at an interest rate starting from 2% per month.


SmartCoin is a FinTech company with a mission to offer its customers a user-friendly and scalable lending platform. It is a personal loan app in India that provides instant loan for individuals looking for short term personal loans. Use their mini loan app to get loans from ₹ 1,000 to ₹ 50,000.

The company caters to all profiles like support executives, business owners, salaried professionals, managers, stay-at-home moms, teachers and more with no minimum limit on the salaries, unlike other personal loan apps.


Home Credit

Home Credit India is a part of the international Home Credit Group that has a presence across ten countries in Europe and Asia. The India chapter started in 2012 and it already has operations in over 60 cities across 15 states. The personal loan app sanctions personal loan of up to ₹2 Lakh with a repayment tenure ranging from 9 months to 4 years. The instant loan app in India makes financial services simple, transparent and easily accessible to you.


LazyPay is powered by PayU. You just need to enter your mobile number to find out your personal loan eligibility. With quick approvals and safe online loan application processing, LazyPay disburses 1 million+ loans every month. Their key offerings include pocket-friendly EMIs, an instant personal of up to ₹ 1 Lakh through an easy digital process with minimal documentation.

 AnyTime Loans (ATL) offers on-demand, instant, 24×7 loans to salaried individuals and self-employed professionals. The loan process through its personal loan app is 100% paperless, contactless and frictionless. ATL offers unsecured personal loans in India, K12 education loans, business loans, etc., in a minute with no physical documents, collateral or guarantor.


mPokketis an instant loan app in India for college students. It works on the concept of pocket money for students. Once your personal loan application is approved the personal loan amount is sent to your bank account or your Paytm wallet. The initial amount approved is ₹ 500 and your borrowing limit will increase over time with good usage. You can repay your loan within 1 to 3 months.


This company has planned their product to take on personal loans. Thus, their features are in sharp contrast to those of personal loans. One-time application, one-time approval, instant disbursals, the option for customers to access their credit anytime, the option to decide the loan tenure, and a flexible repayment policy are a few hallmarks of Flexsalary. The company has no fixed EMIs and provides instant approval, making it function as an advance salary loan app. With so many personal loan apps in the market, the options available for quick cash loans have increased making it easier for you to seek an urgent cash loan quickly. An online search and a quick comparison between the various loan apps in India for quick cash loans online bring up a multitude of options ranging from payday loan in India, instant loan in India, to salary advance loan in India.

The times really are changing, and personal loan apps are ensuring that fast and easy cash loans in India are a reality! Getting a personal loan was never this easy and instant personal loan app download makes it easier. Get your loan app today. Download MoneyTap!


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