Best Instant Personal Loan Apps

Best Instant Personal Loan Apps in India that Gives Instant Cash Loan

03 Sept 2020

The Covid-19 pandemic has had an unprecedented impact on the job market. Pay cuts and job loss almost every day makes headlines. In such circumstances, a sizable section of the country's workforce is looking for personal loans to fulfil their immediate needs. Since traditional methods take a long time to get a personal loan, several apps are offering instant cash loans. Let’s look at some of the apps that make it possible to get  instant cash loans easily 

1. IndiaBulls Dhani

Dhani, a phone se loan app, instantly disburses the loan amount to your bank account of up to Rs. 15 Lakhs. You can download the Dhani loan app and enter details such as your Aadhaar card number, your loan amount, and get the loan amount in your account instantly.

2. Finserv MARKETS

Bajaj Finserv offers instant personal loans that are almost instantly approved and disbursed within just 24 hours of approval. The  Bajaj Finserv Hybrid-Flexi Personal Loan facility allows you to reduce your EMI payments.

You have access to short-term personal loans of up to Rs. 2 Lakhs with minimal documentation through Finserv MARKETS app. Once approved, you can access as much funds  as you need from your approved loan amount without any hassle.

3. MoneyTap

Money Trap is a money lending company which offers interest rates. It is India’s first app-based credit line, servicing clients in over 30 cities including Delhi NCR, Mumbai, Bangalore, Hyderabad, and Chennai. Its no-usage-no-interest feature makes taking credit affordable as customers are required to pay interest on the amount used.

4. PaySense

PaySense is another instant money app that offers instant cash loans online. Personal loan seekers can use a phone or laptop to check your loan eligibility, submit their KYC details and apply for a loan receiving approval within hours. The company provides personal loans online of up to Rs. 5 Lakhs.

5. IndiaLends

IndiaLends is a cash loan app for personal loans and credit cards.It offers instant personal loans online with the best interest rate and disburses the loan within 48-hours.

6. KreditBee

KreditBee, is another personal loan app which can get you a loan of up to Rs. 1 Lakh. The loan process is completely online and the disbursement is done within 15 mins.


NIRA, a FinTech company, offers a line of credit to salaried professionals. The loan amount ranges from Rs 3000 to Rs. 1 Lakh and the loan tenure ranges from 3 months to 1 year. Customers can withdraw a minimum of Rs 5,000 each time. The interest applied to the loan amount depends on how much you borrow and when you repay the borrowed amount.

8. CASHe

CASHe app provides short-term personal loans for various financial needs, but only to salaried individuals. The approved loan amount can range from Rs 5,000 to Rs. 2 Lakhs. The tenure ranges from 15 days to 6 months. Repayments can be made through a bank transfer or cheque deposit.

9. Capital First Limited

Instant loan app from Capital First Limited approves loans from Rs. 1 Lakh to Rs. 25 Lakhs which can be sanctioned within 2 minutes. The company provides flexible repayment tenure of 1 to 5 years for such a loan amount.

10. Credy Technologies

Credy is one of the quick loan giving apps in India that provides personal loans on personalised terms. The company provides loan durations ranging from 3 to 15 months for amounts between Rs 10,000 to Rs 1 Lakh.

11. Money View

With the Money View personal loan app, you can avail a personal loan in just 2 hours. Its loan amount ranges from Rs. 10,000 to Rs. 5 Lakhs. The repayment period ranges from 3 months to 5 years.

12. Early Salary

EarlySalary, a FinTech startup in Pune which offers loan amounts up to Rs. 2 Lakhs at an interest rate starting from 2% per month.

13. SmartCoin

SmartCoin, another FinTech company provides instant loans for individuals looking for short-term personal loans. You can use its mini loan app to get loans from Rs 1,000 to Rs 25,000.

The company caters to all profiles like support executives, business owners, salaried professionals among others with no minimum limit on the salaries, unlike other personal loan apps.

Availing a loan has become a quick process. But only if you know the right company to approach. An online search and a comparison between the various instant personal loan apps in India for quick cash loans online brings up a multitude of options ranging from a payday loan in India, instant loan in India, to salary advance loan in India. If you are looking for a quick personal loan you must know that the lending process on Finserv MARKETS app as well as website is practically paperless and instant. The Bajaj Finserv Personal Loan application process is completely online. The approval of your loan will take just 3 minutes. Post-approval, the loan amount will get credited to your bank account within 24 hours.

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition -- Offers You Value. A value proposition that ensures you get offers which are tailor-made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no-cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.