Instant loan apps have completely changed the way people borrow money in India. Today, you don’t need to visit a bank branch or wait for days to get funds. With just a smartphone, PAN card, and basic details, you can apply for a loan and receive money directly in your bank account—sometimes within minutes.
For salaried employees, self-employed individuals, and small business owners, instant loan apps are a fast solution for urgent needs like medical expenses, rent, education, travel, or short-term cash shortages.
Through 24hrLoan, you can explore and compare loan options from trusted instant loan apps, banks, and NBFCs—all in one place.
What Are Instant Loan Apps?
Instant loan apps are digital platforms that offer:
- Quick online loan application
- Minimal documentation
- Fast approval and disbursal
- Small to medium loan amounts
- Short to flexible repayment tenures
Most apps use digital KYC and credit assessment to approve loans quickly.
Top 15 Instant Loan Apps in India
Below is a list of popular and trusted instant loan apps in India that are widely used by borrowers.
1. PaySense
- Loan amount: Up to ₹5 lakh
- Suitable for salaried & self-employed users
- Flexible EMI options
2. KreditBee
- Loan amount: ₹1,000 to ₹5 lakh
- Good for first-time borrowers
- Fast approval process
3. Navi Loan
- Loan amount: Up to ₹20 lakh
- Low interest rates
- Fully digital process
4. MoneyTap
- Personal credit line facility
- Interest is charged only on the used amount
- Ideal for recurring needs
5. CASHe
- Loan amount: Up to ₹4 lakh
- Quick approval for salaried professionals
- Short and mid-term loans
6. mPokket
- Small instant loans
- Popular among students & young professionals
- Simple eligibility
7. True Balance
- Small personal loans
- Easy KYC process
- Suitable for urgent cash needs
8. EarlySalary (Fibe)
- Salary-based instant loans
- Short-term credit
- Popular with corporate employees
9. LoanTap
- Customized personal loans
- Longer tenure options
- Suitable for professionals
10. MoneyView
- Loan amount: Up to ₹10 lakh
- Lower CIBIL score acceptance
- Simple mobile app
11. ZestMoney
- No-cost EMI options
- Shopping and lifestyle finance
- Instant approval
12. FlexSalary
- Personal credit line for salaried users
- Pay interest only on the used amount.
- Quick access to funds
Also Read: Can I take an Instant Loan at a 300 Credit Score?
13. Nira Finance
- Loans for low to mid-income groups
- Helps build a credit score
- Short-term loans
14. Bajaj Finserv
- Personal loans & EMI finance
- Trusted NBFC brand
- High loan limits
15. Kissht
- Small personal loans & instant credit
- Simple app-based process
- Suitable for quick needs
15 Instant Loan Apps Quick Recap
| Loan App | Loan Amount | Best For | Approval Speed |
| PaySense | Up to ₹5 lakh | Salaried & self-employed | Fast |
| KreditBee | Up to ₹5 lakh | First-time borrowers | Very Fast |
| Navi | Up to ₹20 lakh | Low-interest loans | Fast |
| MoneyTap | Credit line | Flexible borrowing | Fast |
| CASHe | Up to ₹4 lakh | Salaried professionals | Fast |
| mPokket | Small loans | Students & youth | Very Fast |
| True Balance | Small loans | Emergency needs | Fast |
| EarlySalary | Short-term loans | Corporate employees | Very Fast |
| LoanTap | Custom loans | Professionals | Fast |
| Money View | Up to ₹5 lakh | Low CIBIL users | Fast |
| ZestMoney | EMI finance | Shopping & lifestyle | Instant |
| FlexSalary | Credit line | Salaried users | Fast |
| Nira | Small loans | Credit building | Fast |
| Bajaj Finserv | High loan limit | Trusted NBFC | Fast |
| Kissht | Up to ₹5 lakh | Urgent cash | Instant |
Eligibility for Instant Loan Apps
Most instant loan apps require:
- Age: 21 to 60 years
- PAN card & Aadhaar card
- Active bank account
- Monthly income (₹10,000–₹15,000 or above)
- Stable job or business
Some apps also accept lower CIBIL scores, but interest rates may be higher.
Interest Rates & Charges
- Interest Rate: Usually ranges from 12% to 36% p.a.
- Processing Fee: 1% to 5% (varies by app)
- Tenure: 3 months to 36 months
Benefits of Using Instant Loan Apps
✔ Fast approval & disbursal
✔ Minimal paperwork
✔ Online KYC
✔ Useful for emergencies
✔ Accessible from anywhere
Things to Keep in Mind Before Using Loan Apps
- Borrow only what you can repay.
- Check the interest rate and fees clearly.
- Avoid multiple loans at the same time.
- Repay EMIs on time to protect your CIBIL score.
Why Use 24hrLoan Instead of Applying Randomly?
With 24hrLoan, you get:
- Access to trusted loan apps, banks & NBFCs
- Better comparison of interest rates
- Higher approval chances
- Safer borrowing experience
Instead of downloading multiple apps, 24hrLoan helps you find the right instant loan option in one place.
Also Read: 650 CIBIL Score Personal Loan
Conclusion
Instant loan apps are helpful when used wisely. They provide quick financial support during emergencies, but choosing the right app is important to avoid high costs.
With 24hrLoan, you can explore the top 15 instant loan apps in India, compare them easily, and apply confidently—making borrowing simple, fast, and secure.