10 Best Loan Apps in India 2024

Many people have money problems at one point or another. Due to this, they have to spread their hands in front of others. But in such situations, some people help, and some raise their hands. But this is the age of technology, which is why everything is possible. So we give you something. Loan apps: We will tell you about one that can help you sit at home in no time. Online Loans can get

So let’s find out, friends, these best Top Loan Apps About who can solve your money problem.

Top Personal Loan Apps 2024

By the way, loan apps are available on all platforms, such as Android and iOS. But your top personal loan apps are mainly for the Android platform.

1. Branch Personal Loan App

It is best to use it in the Play Store. I am including the Top Loan Apps. This type of personal loan app allows you to take a loan from Rs 750 to Rs 50000 instantly. Whatever loan you take from here, you must pay interest ranging from 2 to 30 percent, depending on the amount.

You get 62 days to 6 months to repay this loan. Although this app is free, you must pay some processing fees based on the loan amount. This app has been downloaded by more than 10 million people on the Play Store. This is an Indian personal loan where you can get a loan for the following.

Travel Loans
Student loans
Marriage Debts
Education Loans
Home Renovation Loans
Shopping loans
Medical Loan
Vehicle Loans for 2/4 Wheeler

2. mPokket: Instant Loan App

We are now making it special for you. Loan app for Android This is especially the case for students and employed people whose paychecks are so low that they end up early. After that, they have to ask friends or family for money. M-Pocket App But you can take an instant loan of Rs 500 to Rs 30,000 in your bank account. Here, you have to pay 0 to 4 percent monthly interest on the loan.

You get 61 to 120 days to repay this loan. If you don’t repay the loan within the stipulated period, there will be some penalty to pay. marked, but you need an Aadhaar Card, PAN Card, or Voter ID to take advantage of the loan.

This app is also used by over 10 million people and has an excellent rating of 4.4 on the Play Store.

Documents required

PAN Card KYC
Student collage identity
Last three months’ bank statement
Aadhaar Card, Voter ID, etc.

3. SmartCoin – Personal Loans App

If you want a quick loan for your home renovation, medical, or any other work, this app fills all these gaps. Here, you can get an instant loan of up to one lakh rupees. However, compared to other apps, you have to pay interest at a rate of 36 percent. You have 62 to 120 days to repay the loan, and you can repay the loan through simple EMIs.

It is an Indian loan app registered with RBI. This app offers loans for home renovation and medical expenses, as well as loans for personal use, shopping, education, and travel. Smart Coin App: To avail of a loan, you must provide a PAN card, Aadhaar card, and bank account details.

Eligibility

Salaried or self-employed persons
There is no minimum salary requirement.
You must be a resident of India.

4. Credit B: Quick Flexi Loans

If you are looking for top online loan apps, then this app is going to be special for you. If you need money urgently, you can get money into your bank account in just 10 minutes. Loans on this app are available through a completely online process that you can avail of at any time, anywhere.

Here you can get a loan of Rs 1000 to Rs 3,00,000 Lakh at the minimum transaction and simple EMI. You are given 62 days to 24 months to repay the loan. On the KreditBee app, you can borrow to buy and purchase goods online. If you take a loan of more than 10,000, it is mandatory to provide proof of salary, address, and a PAN card.

Eligibility for loan

Above 21 years of age
Indian National
Monthly income
PAN Card and Address Proof

5. Navi: Debt and Health Insurance

This Top Indian Loan App is included because it has created a distinct identity by providing the best facilities to the public in a very short period. Personal and home loans are mainly given here, and the special thing is that you can borrow up to 20 lakh rupees from this app.

However, while this app is providing many facilities to people, it also has some drawbacks. Yes, this app offers loans only to people living in Mumbai, Bangalore, Delhi, Hyderabad, Chennai, Mysore, and Pune in India. Apart from taking a loan, you can also take health insurance here, which can be paid through simple EMIs. Along with these, you can also invest well in mutual funds.

If you take a loan on the Navi app, you’ll pay interest rates ranging from 9.99 to 45 percent, depending on the loan amount and timing. You have 3 to 72 months to repay the loan through EMI.

6. Cash Personal Loan App

Instant personal loan Cash Bean is considered one of the best apps, with more than 5 million users on the Play Store. This Loan app is especially for those who get paid every month in some job or profession. Through this app, they can take an instant loan of Rs 1000 to Rs 4,00,000 Lakh.

It is a simple, hassle-free app that is also very easy to use. You can take a loan multiple times after getting approval once. Along with taking a loan for any critical work, you can also take a loan for purchases and repay it later through EMIs. It has been given an excellent rating of 4.2 on the Google Play Store.

Eligibility

Minimum Monthly Salary: 12000/-
Above 21 years
PAN Card and Identity Proof
Three months’ bank statement
Selfie

7. A cash-online credit

Guys, this is you on the internet. Online Loan Apps If you are searching for a cash-credit online app, we have brought you one. With this online loan app, you can quickly get money from your mobile to the bank. Here you can take a loan from 2 thousand to 2 lakh rupees for 3 to 24 months.

You have to pay 18 to 30 percent interest on your loan. You just need to install this app on your mobile and create an ID by logging in for a loan. After that, your desired loan is instantly credited to your bank account. Within a few months of its release, the app has been downloaded by more than 1 lakh people. This is an entirely free online loan app you can repay through EMI.

Eligibility

Above 18 years
The maximum age limit for the loan is 56 years.
Indian citizens
The monthly salary should not be less than 15000 rupees.
PAN Card
Identity proof
mobile number

8. Mobi Pocket

It is an emerging online loan provider app released in May 2022. It provides loans to needy people at minimum interest. An instant loan from Rs 5 5,000 to Rs 60 thousand can be availed on the Mobi Pocket Loan app.

You have 3 to 12 months to repay this loan. Along with other loans, it charges a processing fee of 2 to 8 percent. Loan apps Instead, only 5 to 22 percent interest is charged.

To borrow money from Mobipocket, download the app from the Play Store, after which you will need to provide your personal and bank account information. After that, you can borrow from here whenever you want.

Loan requirements

Indian resident is above 21 years of age.
Aadhaar and PAN Card
Bank account
Proof of monthly income

9. Home Credit- Personal Loan

This personal loan app was developed by Home Credit India Finance Private Limited Company specially designed to keep Indian people in mind. On this loan app, you can get an online loan from 5 thousand to 5 lakh rupees. The interest rates on the loans available here change frequently.

Home Credit App offers loan repayment tenures ranging from 3 to 51 months, which can be paid in easy installments. The processing fee is 2 to 5 percent. The app currently has more than 10 million users who use it to get loans.

Eligibility

Only Indian people
Age limit 19-68 years
PAN Card and Identity Proof
Active bank account

10. MoneyView: Personal Loan App

you and me Quick Personal Loans App There is talk of an excellent app for Mini view, which has overtaken a good app in terms of ratings and downloads. On this app, you can loan 10 thousand to 5 lakh rupees in a few minutes.

Any loan you take here carries an interest rate of 16 to 39 percent per annum, which can then be repaid over time in easy installments of 3 months to 5 years. The entire loan process on this app is online (less paper). To get a loan from here, you first need to download the app, then provide some general information, KYC, and bank account information.

The app is available in 8 languages across India and has over 5,000 locations. It has over 10 million users and a rating of 4.6.

Eligibility

Minimum CIBIL score 600
Age limit 21-57 years
Active bank account

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