How to Get a Loan Quickly without Trouble

How to Get a Loan Quickly without Trouble

These days getting a loan is not much trouble. You can get up to 5 lakhs instant personal loan. It will take a maximum of 30 minutes.  The application process is online.

We are going to cover how to get a loan quickly without Trouble.

List of Top 10 Instant Loan Apps

AppsLoan AmountApply Now
PaySenseRs. 5,000 to Rs. 5 LakhClick here
Money ViewRs. 10,000 to Rs. 5 LakhClick here
LazyPayRs. 5,000 to Rs. 1 LakhClick here
mPokketRs. 500 to Rs. 30,000Click here
NaviRs. 15,000 to Rs. 20 LakhClick here
PrivoRs. 5,000 to Rs. 2 LakhClick here
ZypeRs. 1,000 to Rs. 5 LakhClick here
Hero FincorpRs. 50,000 to Rs. 1.5 LakhClick here
PrefrRs. 10,000 to Rs. 3 LakhClick here
Home CreditRs. 10,000 to Rs. 5 LakhClick here

1. PaySense

PaySense is offering up to Rs. 5 lakhs instant loans. The entire process is digital. Upload documents online & money will credit within 2 hours of loan approval.

Features of Paysense Loan

  • Digital Process
  • Eligible loan amount up to Rs. 5 lakh
  • Paperless application
  • Affordable loan tenure from 3 to 60 months

Eligibility Criteria for Paysense Loan

  • Indian Citizen required
  • Age required 21 to 60 years
  • Salaried or Self Employed persons are eligible to apply
  • Monthly salary required Rs. 12,000

2. Money View

Money View is a popular loan app. The platform provides Rs. 10,000 to Rs. 5 lakhs instant loans. Get the money within 2 minutes. The interest rate starts from 1.33% per month.

Features of Money View Loan

  • Fast loan approval
  • The loan tenure is flexible
  • Instant Process
  • The minimum documentation
  • No extra charges

Eligibility Criteria for Money View Loan

  • Applicant age is required 21 to 57 years
  • CIBIL 700+ required
  • Source of income required
  • A recent 3-month bank statement required

3. LazyPay

Another instant loan app is LazyPay. You may get Rs. 5,000 to Rs. 1 Lakh loan. Repay the loan amount from 3 to 24 months. The interest rate is 18% to 25% per annum.

Features of LazyPay

  • Collateral-free loan
  • Loan tenure is 3 to 24 months
  • Less documentation
  • Online process
  • Trusted application

Eligibility Criteria for LazyPay Loan

  • Healthy credit score required
  • Age between 22 to 55 years required
  • Source of income required

4. mPokket

mPokket offers Rs. 500 to Rs. 30,000 instant loan. The money will credit to your account within 10 minutes. The interest rate is offering 12% to 48% per annum by mPokket. The whole process is digital.

Features of mPokket Loan

  • No income proof required
  • Digital process
  • Loan tenure is 61 days to 90 days
  • The interest rate is 1% to 6% per month

Eligibility Criteria for mPokket Loan

  • The age required is 18 years or above
  • A credit score of 700+ required
  • Bank account required
  • Applicant should be an Indian Citizen
Also Read: Am I eligibile for a Personal Loan at 14000 Salary?

5. Navi

I think you heard about Navi. This is also a popular instant loan app in our list. Navi gives you Rs. 15,000 to Rs. 20 Lakh fast loan. It will take 48 hours to get the money.

Features of Navi Loan

  • Get a loan of up to 20 lakh
  • Affordable interest rate
  • Instant approval
  • Minimal documents required
  • Don’t require any guarantor

Eligibility Criteria for Navi Loan

  • Applicant should be Indian Citizenship
  • The age
  • should be 21 to 65 years
  • Monthly income required
  • CIBIL Score 720+ required

6. Privo

Privo gives you up to 2 lakhs instant loans without verification. This is a 100% online process. The documentation is paperless. You can repay the loan from 3 months to 60 months tenure.

Features of Privo

  • Paperless process
  • Zero Foreclose Charge
  • Higher credit limit
  • No Hidden Fees

Eligibility Criteria for Privo Loan

  • Require age 21 to 60 years
  • CIBIL Score 650 required
  • Smartphones require to apply
  • The minimum income of 18,000 required

7. Zype

You can pay bills or manage all the money through the Zype application. Users can also get up to 5 lakhs instant credit line through Zype. The interest rate starts from 18% to 36% p.a. You can pay the money from 3 months to 12 months tenure.

Features of Zype Credit Line

  • The application process is online
  • Higher credit line up to 5 lakh
  • Flexible loan tenure
  • No extra charges
  • Paperless loan process

Eligibility Criteria for Zype Loan

  • The user should be Indian Citizenship
  • 720 CIBIL score require
  • Income proof require

8. Hero Fincorp

Hero Fincorp provides up to 5 lakh loans. But you have to provide income proof details. Also, you can get up to 1.5 lakhs without any verification. The whole process is online. Within 24 hours, money will credit to a bank account.

Features of Hero Fincorp

  • No verification require
  • Flexible loan tenure
  • Flexible Interest rate
  • No Guarantor Require
  • KYC documents require

Eligibility Criteria for Hero Fincorp

  • Require age 21 to 58 years
  • A credit score of 700+ require
  • A minimum income 15,000 require
  • Applicant should be an Indian Citizen

9. Prefr

You can apply for an instant loan through Prefr. This application is offering Rs. 10,000 to Rs. 3 lakhs digital loans. No income proof will require to apply. Also, a credit score is not an important factor to get the Prefr loan. You will get the loan with minus CIBIL score.

Features of Prefr Loan

  • No income proof require
  •  No CIBIL score require
  • Instant Loan Approval
  • Easy repayment tenure
  • Paperless process

Eligibility Criteria for Prefr Loan

  • Applicant age requires 18 years or above
  • Average bank balance require
  • Indian Citizenship requires
Also Read: Can I get Business Loan up to 25 lakh

10. Home Credit

Home Credit is a popular instant loan application. This app provides up to 5 lakhs of digital loans. Home Credit is an NBFC company. The interest rate is 2% per month. The loan amount will credit within 24 hours.

Features of Home Credit

  • Fully digital process
  • Higher loan amount
  • Flexible loan tenure
  • No hidden charge
  • No physical verification

Eligibility Criteria for Home Credit Loan

  • Indian Citizenship
  • Age requires 19 to 68 years
  • Source of income require

Benefits of Instant Personal Loans

Digital Process: It is not an old-school loan process. That means you will not visit any brunch to get the loan. The whole process is digital.

No Collateral: Banks do not give you an unsecured loan without collateral or co-applicant. But you can get an instant loan without collateral.

Fast Disburse: It will take hardly 24 hours to get the loan. The process is quick.

Easy Approval: The approval process is easy. It is not a hard process like banks do.

Flexible Tenure: If you have a flexible loan tenure facility, you can repay the loan easily. This will help you also to maintain your credit score.

Lower Interest Rate: In instant loan cases, credit score plays an important role to decide the interest rate. If you have a good CIBIL score, you get a lower interest rate.

Eligibility Criteria for Instant Personal Loan

The following eligibility criteria will require to get the instant loan:

  • The minimum credit score should be 720+
  • Applicants aged 18 years or above require
  • Self Employed or Salaried persons are eligible to apply.

Instant Loan Documents Required 

To apply for an instant loan you will require the following documents:

  • Aadhaar Card as an Address proof
  • Pan Card as an Identity proof
  • Selfie photo
  • Recent 6-month bank statement pdf format

FAQs on Instant Personal Loan

Which apps give you an instant loan in minutes?

There are lots of apps available on the market. But I will give you the best applicant list. Money View, Money Tap, Navi, PaySense, Home Credit, Hero Fincorp & Prefr are the apps list that is offering the instant loan.

Is instant apps loan fake?

The direct answer is no. But you should check properly before applying. 24hrloan provides you with trusted loan applications that are RBI-registered NBFC companies. You can fully trust.

 Can I get the instant loan without verification?

You can get the loan without physical verification. Just KYC documents will need to apply for a loan.

How much CIBIL score required to apply for an instant loan?

A minimum CIBIL score of 720 is required to apply for an instant loan.

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