Personal Loan

10 Best Instant Personal Loan Apps in India


A personal loan is a kind of urgent loan that you might use when you run out of money. Such debts have no end-use limits. Hence, the funds may be used for anything. This includes weddings, trips, and medical bills. It acts as a comfortable financial cover for you. Thus, the next time you need money, check out the following personal loan app options in the app store.

10 Apps Best Suited for Personal Loans

1. Buddy Loan

It is one of the finest fast loan apps for getting quick personal loans starting from Rs. 10,000 to Rs. 15,00,000, and you will not have to wait very long for approvals. The best part is that this system is known for approving requests quickly. So, you will not need to worry about running short of time.

It is one of the best personal loan apps because there is no need to ship or scan papers to apply digitally. Also, they offer a variety of low-cost EMI choices that make loan payments simple and easy. As the paperwork has already been completed, getting a second loan is as simple as pressing a button.

2. Navi

Navi is also an instant lending system that offers rates ranging from 9.99 % per year for terms up to six years and loan sums up to Rs. 20 lakhs. You may get a virtual personal loan with no processing costs using the Navi app to address financial crises, wedding costs, health bills, etc.

The greatest part about this tool is that it reduces the need for paperwork since PAN and Aadhaar cards are used in the loan request procedure. The loan may be approved in less than ten minutes and deposited promptly into your bank account. This digital app provides easy, mildly priced, quick, and accessible banking services.

3. MoneyTap

It is one of India’s quickest instant personal loan apps. MoneyTap makes it simple to get a quick loan. All you need to do is install the smartphone app. To begin, you must first install the app and enroll on the same site. After enrolling, you must complete the KYC paperwork and wait for approval. Following that, depending on your credit rating, you may get an instant loan of up to Rs. 5,00,000. You can use that amount to buy daily needs, delights, travel, and other items. The most significant part is that you won’t need to fill out a lot of paperwork or wait for a long amount of time. This makes MoneyTap one of the top personal loan apps in India. 

4. Dhani

Dhani, also known as the ‘Phone Se’ loan app, quickly transfers loan money to your bank account. You may apply for a private loan at any time and from any location. You may acquire a quick debt of up to Rs. 15 lakhs at a rate of interest of 12%. You may install the Dhani lending app for free, input your Aadhaar card number and desired loan sum, and the loan money will be sent to your account promptly. 

5. India Lends

It is among the most popular and premium lending portals for Indians. It offers many types of loans for various loan classes. India Lends assists you in getting the lowest interest rate from many banks and NBFCs. This makes it a common interest credit app. 

Aside from fast loans, you may also get gold loans with lower rates, property-backed debts, and so on. This personal loan app is also famous for offering credit cards, with over 40 different schemes and types to pick from. You may also assess your credit rating by simply submitting your PAN papers, which will allow you to pick your quick loan plan. This makes it, without a doubt, the financial services gold mine, with key data readily available on its platform.


NIRA is a fintech startup in India that gives credit lines to salaried workers. The personal loan given to you is in the form of a credit line with a credit limit ranging from Rs. 3,000 to Rs. 1 lakh. The debt term extends from three months to one year. Each withdrawal needs a minimum of Rs. 5,000. The interest rate charged on the loan sum is set by how much you take and when you return it.

7. Money View

You may obtain an instant personal loan in as little as 2 hours with the Money View private loan app. A personal loan via Money View is 100% paperless, quick, simple, and flexible, whether you need it to modify your house, buy a costly vehicle, or pay wedding bills. Money View loans vary from Rs. 10,000 to Rs. 5 lakh. The payback term is adjustable, ranging from 3 months to five years.

8. mPokket

In India, mPokket is a fast personal loan app for college students. This is based on the notion of student pocket money. When your loan application is accepted, the loan money is credited to your savings account or Paytm wallet. The first amount granted is Rs. 500, and your lending limit will rise over time if you use it responsibly. You have 1 to 3 months to repay your loan.

9. Home Credit

Home Credit is a subsidiary of the global Home Credit Group, which works in 10 countries all across Asia and Europe. The India branch was formed in 2012 and now runs in over 60 locations across 15 states. Personal loans of up to Rs. 2 lakh are granted using this personal loan app, with payback terms varying from 9 months to 4 years.

10. Early Salary

Early Salary, a Pune-based FinTech firm, is a personal loan app that makes it simple and quick to get rapid loans. The loan sum is limited to Rs. 2 lakhs, with interest rates starting at 2% per month.


There are several personal loan apps in the finance industry. And, the number of fast cash loan choices has risen. This makes it simpler for you to get a loan quickly. 

Personal loan apps are enabling fast and affordable cash loans within India. Securing personal debt has never been easier. And, the prompt personal loan app installation process makes it even simpler.

If you want to learn more about instant personal loans, visit Piramal Finance and explore their products and services.