Best Instant Personal Loan App In India
Published on : November 23, 2023

In this uncertain, fast-paced world, the demand for instant personal loans has increased. Getting loans doesn’t need lengthy paperwork and a cumbersome process; instead, individuals can now choose the convenience of an instant personal loan app. These applications have revolutionised the industry, offering quick and hassle-free personal loans at just a click of a button. Personal loan apps have evolved as a fantastic idea to get safe and hassle-free instant loans in India. With a user-friendly interface and swift approval, these apps cater to the urgent financial needs of individuals, providing a seamless borrowing experience. 

Best Instant Personal Loan App in India

Here are some of the top Instant Personal Loan Apps that are trusted by many for getting financial assistance for various purposes. 

Instant Personal Loan App Interest RateLoan Amount
LoanTapStarting at 12% p.a. ₹50,000 to ₹10 Lakh
PaySense1.4% to 2.3 % p.m ₹5000 to ₹5 Lakh
IndiaLends10.75% p.a.Up to ₹50 Lakhs
NIRA24 – 36% p.a.₹3000 to ₹1 Lakh
Dhani13.99% p.a. Onwards₹1000 to ₹15 Lakh
KreditBee15% – 29.95% p.a.₹1000 to ₹4 Lakh
CASHe2.50% p.m. Onwards₹1000 to ₹4 Lakh
Early Salary2% p.m.Up to ₹2 Lakh


LoanTap is an instant personal loan software that offers personal loans, founded by Satyam Kumar and Vikas Kumar. LoanTap offers loans between ₹50,000 to ₹10,00,000 within 24 to 36 hours. If you are an Indian citizen over the age of 21 (below  58) and earning over ₹30,000 per month, you can use this loan app to get a personal loan. The loan application process is simple and needs minimal documentation.

You can check your loan eligibility and apply using the app. You can use the personal loan EMI calculator to work out the monthly payments and adjust the tenure accordingly.


PaySense is an instant money software that offers instant cash loans online, founded by Sayali Karanjkar and Prashanth Ranganathan. You may check your loan eligibility, submit your KYC credentials, apply for a loan using your devices, and get approval in a few hours.

Personal loans of up to 5 lakh are available online, and you can borrow anywhere from 5,000 to your entire sanctioned amount at once. PaySense also has an EMI calculator where you can figure out how much you’ll have to pay each month.

India Lends

IndiaLends is a cash loan app that offers personal loans, credit cards, and free credit reports in India. They provide quick personal loans online at the lowest possible interest rates, with loans disbursed within 48 hours.

IndiaLends’ instant lending app in India makes considerable use of data and technology to improve processes and risk assessments, resulting in a more efficient, faster, and easier loan disbursal procedure.


NIRA is a FinTech firm in India that provides salaried workers with a line of credit. You will be offered a personal loan in the form of a line of credit with a credit limit ranging from 3,000 to 1 lakh.

The loan period can last anything from three months to a year. You can only withdraw a maximum of Rs. 5,000 at a time. The amount of interest charged on a loan is determined by how much you borrow and when you repay it.


Dhani, also marketed as the “phone se loan” app, disburses the loan amount to your bank account immediately. You can apply for a personal loan at any time and from any location. You can acquire a quick loan of up to ₹15 lakh at an interest rate as low as 12%.

You can get the Dhani loan app for free. Enter your Aadhaar card number and loan amount and the money will be deposited into your account immediately.


KreditBee is a mobile app that provides fast personal loans to young professionals. You may be eligible for a loan of up to ₹one lakh. The entire loan application and approval process takes place online. The distribution is completed in no time, and the funds are deposited immediately into your bank account.


CASHe is a digital lending company that offers short-term personal loans to salaried individuals for a variety of financial requirements. When applying for a loan, you must offer documents such as salary slips, bank statement, address proof, and your PAN card, which can all be uploaded through the cash lending app.

You may also use a simple calculator to assess loan eligibility and interest rates online at CASHe. The loan amount granted can be anywhere from ₹5,000 to ₹25,000, with terms ranging from 15 days to six months. Every month, payments can be made via bank transfer or check deposit.

Early Salary

EarlySalary, a FinTech startup based in Pune, has been making waves in the Indian money lending industry. Its personal loan app makes obtaining instant loans simple and quick. The loan amount is limited to ₹2 lakh, with an interest rate starting at 2% per month.


Instant personal loan apps are life saviours during an emergency. No matter what your need is, you can browse the internet to find a loan app that meets it. There is no need to worry if you face a temporary fund shortage or face the awkwardness of borrowing from friends and family. Whether it is for your wedding, dream vacation, home makeover, hair transplant, or buying the latest gadget, you can use an instant personal loan app to fund your expenses and repay them at your convenience over the prescribed tenure. Life has surely become easier for a lot of people after the emergence of so many loan apps that make borrowing simple and hassle-free.