List of Best Instant Personal Loan Apps in India 2022 – Top 10 Apps – Applying for a personal loan through an app allows you to get money online at significantly lower interest rates. Personal loan apps allow you to submit an online loan application and help you get a quick loan digitally and easily throughout the loan process.
With MyLoanCare you can apply for a personal loan in a few simple steps and connect with the lender of your choice. In addition, you can analyze and compare the various personal loan deals offered by top personal loan applications to get the best loan offers, attractive discounts and low interest rates for you.
List of Best Instant Personal Loan Apps in India 2022 – Top 10 Apps
| App | Interest Rates | Loan Amount | Processing Fee |
|---|---|---|---|
| Finnable Personal Loan App | 18.99% | ₹ 50,000 to ₹ 10 Lakh | 4% |
| MoneyWide Personal Loan App | 16.50% | ₹ 10,000 to ₹ 3 Lakh | 3% to 3.5% |
| Kreditbee Personal Loan App | 12.24% | ₹ 1,000 to ₹ 2 Lakh | Rs. 130 – Rs. 850 |
| NIRA Personal Loan App | 24% | ₹ 5,000 to ₹ 1 Lakh | Flat Rs. 500 |
| MoneyTap Personal Loan App | 13% | ₹ 30,000 to ₹ 5 Lakh | 2% + GST |
| Paysense Personal Loan App | 15.96% | ₹ 5,000 to ₹ 5 Lakh | 2.5% of the loan amount + GST or ₹ 500 + GST (Wh |
| Loantap Personal Loan App | 12% | ₹ 50,000 to ₹ 10 Lakh | 2% on loan amount |
| Early Salary Personal Loan App | 24% | ₹ 8,000 to ₹ 5 Lakh | Rs. 399 |
Features and Benefits of Instant Personal Loan App
Instant loan applications allow you to get enough money in just a few clicks and without or minimal paperwork. To get a loan, all you need is an internet connection, and you can get funds to your account in no time. Here are some features and benefits of the best personal loan apps in India:
Instant Credit of Cash:
- You can avail funds from these apps instantly Within few hours.
Paperless:
- With instant loan applications, you can apply for personal loan online, thus requiring no physical paperwork.
Collateral-Free Finance:
- These apps provide funds without any requirement of security or collateral.
Digital Process for tracking status:
- One of the biggest advantages of these apps is that you can track your loan application online, along with application, verification and disbursement of funds.
- Everything Is Done Online
No End-Usage Restrictions:
- Further, there are no end-usage restrictions on using funds that you have availed through the instant loan apps.
Avail Finance 24*7:
- These apps allow you to avail funds 24*7 at competitive rates.
- You Can get Loan Any Time Whenever You Want.
No Credit History Required:
- Finally, most of these apps do not require any credit history or proof to provide a personal loan.
Personal Loan Eligibility Criteria for Online Loan App
Documents Required for Personal Loan Apps
Personal loan apps provide instant loans with the following minimal documents.
How to Apply for a Personal Loan through App?
Getting a personal loan through instant personal loan apps is quick and takes a few seconds for approval. You need to follow the following steps to get a loan through these apps. Here We Have Explained Everything How To Apply For Loan.
What are the top RBI registered loan apps?
- Some of the top app RBI registered personal loan apps in India are MoneyTap Personal Loan, Paysense Personal Loan and Early Salary.
- For Full List Click Here – RBI Registered Loan App List 2022, RBI Registered Loan Company
