5 Instant Loan Apps You Should Try in India

5 Instant Loan Apps You Should Try in India

Instant cash loans arise in India. Most lenders offer instant loans without paperwork. 24hr Loan pick 5 instant loan apps you should try for medical emergencies, education expenses, or unexpected bills.

Traditional Banks take longer to process whereas instant loan application is a life savior. Instant loan available within 60 minutes.

Top 5 Instant Loan Apps You Should Try

LenderLoan AmountInterest RateTenure
NaviUp to 20 Lakh9.9% to 45% p.a.3 to 72 months
Poonawalla FincorpUp to 5 Lakh16% to 36% p.a.3 to 36 months
ZapMoneyRs. 1,000  to Rs.1 lakh18% to 36% p.a.3 to 12 months
KisshtUp to 2 Lakh18% to 36% p.a.3 to 24 months
MoneyViewRs. 5,000 to Rs.10 lakh1.33% per month6 to 60 months

1. Navi

A digital lending platform Navi Finserv provides loans up to Rs. 20 lakh. Navi cross 5 crore downloads into Playstore. Discover quick cash loans, mutual funds, and health insurance from the Navi application. Borrowers take Navi instant loans from 3 to 72 months term.

  • Loan Amount: Up to 20 Lakh
  • Interest Rate: 9.9% to 45% p.a.
  • Tenure: 3 to 72 months
  • Process: Online

Eligibility Criteria

  • Borrower age under 21 to 65 years
  • Applicant’s source of income must required
  • A credit score of 720 or higher is considered good.

2. Poonawalla Fincorp

Your financial emergency will be fulfilled by Poonawalla Fincorp. The maximum loan amount available is up to Rs. 5 lakh. Get a competitive interest rate of 16% to 36% p.a. and a loan duration is 3 to 36 months. The well-known company Poonawalla Fincorp gives you a digital loan experience.

  • Loan Amount: Up to 5 Lakh
  • Interest Rate: 16% to 36% p.a.
  • Tenure: 3 to 36 months

Eligibility Criteria

  • Applicant age restriction is 25 to 55 years
  • To be considered creditworthy, you will need to have a credit report that shows a score of at least 730.
  • Borrower’s monthly income should be a minimum of Rs. 25,000.

3. ZapMoney

ZapMoney is one of the best instant loan apps for students. Whenever need quick funds, ZapMoney comes to the front and offers up to Rs. 1 lakh loan. You may extend the loan term from 3 to 12 months at 18% to 36% yearly interest.

  • Loan Amount: Up to 1 Lakh
  • Interest Rate: 18% to 36% p.a.
  • Tenure: 3 to 12 months
  • Apply Process: Digital

Eligibility Criteria

  • The applicant’s residence must be in India.
  • The age should be complete 18 years or above.
  • Credit history must be decent for a ZapMoney loan.

4. Kissht

Kissht leading one of the good instant loan applications with a 4.5 rating. You may take up to 2 lakh instant credit line loan from Kissht that is RBI licensed NBFC. Get instant loan disbursement within 5 minutes. The fund amount will be credited to the applicant’s bank account instantly.

  • Loan Amount: Up to 2 Lakh
  • Interest Rate: 18% to 36% p.a.
  • Tenure: 3 to 24 months
  • App Rating: 4.5/5

Eligibility Criteria

  • Indian Citizenship
  • The user’s age must be 21 years.
  • CIBIL score of 720+ or above must required.

5. MoneyView

With 5 crore application downloads and a 4.7-star rating, MoneyView is on the list of 5 instant loan apps. You must try a MoneyView loan that offers up to Rs. 10 lakh loan. If you are salaried or self-employed, go with an instant MoneyView loan.

  • Loan Amount: Up to 10 Lakh
  • Interest Rate: 10% to 39% p.a.
  • Tenure: 3 to 60 months
  • App Rating: 4.7/5

Eligibility Criteria

  • Indian Residence is applicable for a MoneyView loan.
  • A credit score of 730+ is good for applying.
  • Age should be under 21 to 57 years.
  • Salaried or self-employed customers are eligible.
  • A salaried employee with a minimum of Rs. 13,500 salaried is eligible.

Tips to Get Instant Personal Loan

Proper Research: Compare various instant loan apps and make proper research. You should check the terms and conditions of the loan application.

Read Reviews: Read application reviews before directly downloading. You will get insight into experiences like customer trust, customer service, and other issues.

Security: You should ensure application trustworthiness. Check out lender security features and data protection that protect your information.

Fixed Your Budget: Borrowers should fixed loan budget which ensures repayment ability. Make sure to pay the EMI on a fixed time to avoid late charges.

Emergency Only: Take instant loans only for emergency purposes. Unwanted debt creates an imbalance in your monthly expenses.

Build Credit Score: If you are taking an instant loan, build credit score through on-time payment. This trustworthiness gives you higher loan options in the future.

How to Get an Instant Personal Loan

Step 1: Compare and check eligibility and download the loan app to your phone.

Step 2: Make sure you are providing genuine information to the lender such as Name, phone no, date of birth, address, etc.

Step 3: Ensure your income-related information like salaried or self-employed.

Step 4: The Lender provides loan approval if you fit eligibility.

Step 5: Now, select loan tenure and other details. Next, go for E-Nach to credit money.

Step 6: Loan approval time is a maximum of 48 hours and the loan amount directly hits to account.


  1. Which one is a popular loan app?

    MoneyView is one of the trusted RBI-registered NBFC companies which is a popular application in the market.

  2. Which apps offer up to 20 lakh loans?

    The instant loan app Navi Finserv offers up to Rs. 20 lakh loan.

  3. Can I get a 30,000 instant loan?

    It’s easy to get a Rs. 30,000 instant loan from different apps. Get money within 2 days after completing all processes.

  4. What is an instant loan repayment term?

    Getting instant loan repayment tenure is different depending on loan apps. Users must check repayment terms at loan approval time.

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