There are a million users that register and download apps for various loan purposes. These are the best loan apps that are popular in India in among the individuals who need an individual advance. All these apps give moment advances and individual credits. The Eligibility criteria, financing costs contrast for each online loan app and to an individual depends on their yearly pay. The advance will be in a flash endorsed and dispensed to the candidate's financial balance inside no time for the individuals who meet their qualifications.
These best loan apps in India offer numerous benefits like customised loans, a simple application process, 24x7 tracking facilities, etc. that make the process of availing advances much more convenient for individuals.
Here is a list of the best instant loan apps in India that can allow borrowers to avail advances with ease, along with numerous other benefits.
- Bajaj Finserv Experia- This app by Bajaj Finserv provides individuals with a one-stop solution and access to every financial product or service offered by the NBFC. An existing customer can manage every single point of relation, loans or insurance schemes with ease. It offers comprehensive accessibility to all financial or related requirements which an individual may have.
With Bajaj Finserv Experia, borrowers can manage the following aspects of their user-experience – active and previous relations, payments, drawdown facilities, receiving notifications, raising requests and also availing pre-approved offers.
- India Bulls Dhani- It is one of the best personal loan apps which offers the highest loan amount to the users. The loan amount offers by Dhani is from 1000INR to 15Lakh INR. The users who are looking for Long term Loan with the heavy amount, then India Bulls Dhani is the best choice for them. The Loan tenure range from 3 Months to 72 Months. Those who meet their eligibility criteria can get loan amount disbursed within a day to their bank account.
- Money Tap- Money Tap is India’s first personal credit app. It is in partnership with leading banks and NBFCs. It provides loans from 3000INR to 5Lakh INR instantly. The Best thing about this app loan Rejection Ration is very less in Money Tap app.
- PaySense- With this loan app, both salaried and self-employed individuals can avail an instant personal loan. This app allows salaried professionals earning a minimum of Rs.12,000 per month and self-employed individuals earning a minimum of Rs.15,000 per month to borrow from this app.
These instant loan apps option if individuals need funds on an emergency basis. Upon successful application, borrowers can avail the advance from this app within 2 hours, while the loan is disbursed to a returning customer in under 10 minutes.
Reference Read: Best Loan Apps in India – 5 Features that you must Consider