Top 10 Instant Loan Apps in India

Which is the greatest instant loan app in India? Don't waste time reading through app descriptions. The best online loan apps are listed here, along with information on their interest rates, loan amounts, and terms. We've put together a list of the top loan apps in India that live up to the hype and are very practical and flexible. See which instant loan apps are the best-rated in 2024!

1. Moneyview

Moneyview provides loans ranging from Rs. 5,000 to Rs. 10 Lakh with interest rates starting at 10% per annum. Approval is fast, taking just 24 hours, and all you need to provide are proof of address, identity, and income.


MoneyTap offers loans up to Rs. 5 Lakh with interest starting at 1.08% per month. You can borrow any amount as needed and choose repayment terms from 3 to 36 months. The no-usage-no-interest feature ensures flexibility.


KreditBee provides loans ranging from Rs. 1,000 to Rs. 4 Lakhs with interest rates between 5% and 29.95% per annum. Loans are disbursed in just 10 minutes, and repayment terms range from 3 to 24 months.


PaySense offers loans ranging from Rs. 5,000 to Rs. 5 Lakh with interest rates between 1.4% and 2.3% per month. New borrowers with no credit history are eligible. Repayment terms range from 3 to 60 months.


CASHe offers loans ranging from Rs. 1,000 to Rs. 4 Lakh with repayment terms from 3 to 18 months. The online application process is simple. Applicants must have a minimum salary of Rs. 12,000 and be between 23 and 58 years old.

6. Nira Finance

Nira Finance offers a line of credit up to Rs. 1 Lakh, with a credit limit determined in just 3 minutes. Interest rates start at 2% per month, with repayment terms up to 12 months. First-time borrowers without a credit history are eligible.


Fibe offers loans ranging from Rs. 5,000 to Rs. 5 Lakh with an online, paperless application process. You can apply for multiple loans in a day, available 24/7. Interest rates start at 14% per annum, with repayment terms up to 24 months.


LoanTap offers loans ranging from Rs. 25,000 to Rs. 10 Lakh, disbursed within 24 to 36 hours. Eligible applicants must be Indian citizens aged 21 to 60, earning at least Rs. 30,000 monthly. Repayment plans range from 3 to 60 months, with no hidden charges.


mPokket offers loans ranging from Rs. 500 to Rs. 30,000, disbursed within hours upon meeting eligibility criteria. College students can apply using their college enrollment or student ID. Repayment is within 120 days, with interest rates up to 4% per month.

9. Bajaj Finserv

You can choose from three variants, complete the entire process from home, and avail loans up to Rs. 40 Lakh. These unsecured loans offer affordable interest rates starting from 10.49% per annum, with repayment tenures ranging from 12 to 72 months.

10. SmartCoin

All documentation is online, with instant approval. No minimum salary required. Mini loans from Rs.1,000 to Rs.70,000, repayable in 91 to 270 days. Interest rates start from 20% per annum.


Several personal loan apps are available, each offering flexible repayment plans, paperless procedures, and instant disbursals. When selecting the best loan app in India, consider crucial aspects such as eligibility requirements, processing time, available tenures, and the presence of any hidden fees. Before finalizing an instant loan app that suits your needs, carefully review all these criteria