In this blog, we have listed 25 of the best loan apps in India that have taken the Indian financial space by storm and are changing the way young Indians borrow! We have also made a loan app comparison table for you to make an informed choice. Read about the latest and up-to-date information about the best instant personal loan apps in India in 2022
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The Comparison Table of Best Loan Apps
Here’s a comprehensive table to compare and choose from the top 25 best loan apps in 2022, ranked on their annual loan interest rate, ldoan amount, and app rating on the Google Play Store. Take your pick of the best loan app in India for your loan needs.
Money lending apps in India have become popular due to the platform/app-based benefits and offerings ranging from customized loans, low-interest rate loans, and online credit cards to the simple application process, and 24X7 tracking. Multiple instant loan apps in India in 2022 offer a fast, paperless, and hassle-free way of getting quick access to funds to fulfill your dreams or help you during a financial emergency.
Learn more about the best instant loan apps in India below. Get to know about each of the loan apps in brief.
Best Instant Personal Loan Apps in India (December 2022)
Here is the list of the top 25 instant personal loan apps in India:
- PaySense
- LazyPay
- Bajaj Finserv
- IDFC First Bank
- ZestMoney
- Dhani
- HomeCredit
- CASHe
- KreditBee
- Fullerton India
- Fibe
- Nira
- Credy
- mPokket
- MoneyTap
- FlexSalary
- MoneyView
- PayMe India
- SmartCoin
- StashFin
- LoanTap
- IndiaLends
- CashBean
- RupeeLend
- AnyTimeLoan
FAQs
Q.1 Which app is the best for applying for a loan?
Ans. PaySense is one of the best personal loan apps in India to apply for a loan.
Q.2 Which app gives loans without salary slips?
Ans. The PaySense personal loan app gives loans without salary slips.
Q.3 Which app provides personal loans during an emergency?
Ans. PaySense is the forerunner in providing personal loans during an emergency, subject to the fulfillment of some basic terms and conditions.
Q.4 Which is the best loan app in India?
Ans. PaySense is one of the best instant online personal loan apps in India, offering personal loans from ₹5,000 to ₹5,00,000 for a tenure ranging from 3 months to 60 months with an Annual Percentage Rate (APR) between 16% and 36% on a reducing balance basis.
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