Best Instant Personal loan App | A personal loan is a godsend for borrowers because they can utilize it in an emergency or when they are short on cash. Because there are no end-use limits on the loan, it can be used to pay for a wedding, travel plans, medical expenses, or almost anything else. You can even borrow money to use as an emergency fund by taking out a personal loan. There is some best personal loan app in India in 2021 for example Dhani Personal Loan App, MoneyTap Personal Loan App, PaySense Personal Loan App, KreditBee Personal Loan App, and more.
Best Instant Personal Loan App
Here are some best instant personal loan app in India 2021 offered to the individuals:
| Loan Apps Name | Interest Rate (per month) | Loan Amount |
| Money View | 1.33% onwards | Rs.5,000 up to Rs.5,00,000 |
| Dhani | 1.16% onwards | Rs.1,000 up to Rs.15,00,000 |
| Money Tap | 1.08%-2.03% | Rs.3,000 up to Rs.5,00,000 |
| KreditBee | 2%-3% | Rs.1,000 up to Rs.1,00,000 |
| PaySense | 1.08%–2.33% | Rs.5,000 up to Rs.5,00,000 |
1. Money View Personal Loan App:
Money View, one of the most popular loan applications in the country, provides clients with an unrivaled set of services and incentives. Among them are the following:
- The loan amount will be disbursed within 24 hours after the application has been approved.
- The eligibility check can be conducted in about two minutes from any location in the United States.
- You will only be required to submit three documents, and the application process is straightforward.
- With repayment durations of up to 60 months, interest rates start at 1.33 percent each month.
- Borrowers can take out loans ranging from Rs. 5,000 to Rs. 5 lakh.
- There are no collateral requirements and easy loan repayments via auto-debit EMIs.
2. Dhani Personal Loan App:
Dhani is a credit application run by Dhani Loans & Services that offers low-interest personal loans. Some of the characteristics and benefits of Dhani personal loans are listed below:
- Borrowers can get loans ranging from Rs. 1000 to Rs. 15 lakhs.
- The loan repayment period varies from three to twenty-four months.
- Personal Loans are available to both salaried and self-employed people.
- The entire application procedure is completed online, and minimal documentation is required.
- Interest rates begin at 13.99% per annum.
3. MoneyTap Personal Loan App:
MoneyTap has a number of advantages, one of which is that you only pay interest on the loan amount you utilize, not the whole permitted amount. Take a look at some of the other perks available:
- The no-usage-no-interest function ensures that only the amount used is charged interest, not the whole amount borrowed.
- Flexible repayment terms of 2 to 36 months are available.
- Interest rates start at 1.08 percent per month, and you can borrow anywhere between Rs. 3000 to Rs. 5 lakh.
- Borrowers will also receive a MoneyTap-RBL credit card, which has a variety of features and incentives.
- This card also offers rewards and savings on food, gas, and entertainment expenses.
- Applicants must be between the ages of 23 and 55 and have a monthly income of Rs.30,000.
4. KreditBee Personal Loan App:
KreditBee provides two types of personal loans: a Flexi personal loan, which is a small-ticket personal loan ideal for emergencies or minor costs, and a personal loan for salaried candidates. Here are some of the following characteristics and advantages:
- Borrowers can acquire loans ranging from Rs. 1,000 to Rs. 2 lakh, depending on the sort of loan they take out.
- The interest rate, which starts at 1.02% and can vary depending on the borrower’s credit history and other circumstances, starts at 1.02%.
- The payback period begins at two months and can go up to fifteen months, depending on the type of loan taken out.
- The entire loan application process is completed online, from beginning to end.
5. PaySense Personal Loan App:
It’s another immediate lending app that’s becoming more popular as a result of its quick loan approval and distribution process. The following are some of the app’s features and benefits:
- PaySense has a unique feature in that it collects paperwork at the borrower’s home for convenience and comfort.
- A loan amount ranging from Rs. 5,000 to Rs. 5 lakh is available.
- It offers to both salaried and self-employed individuals who can apply for these loans.
- PaySense offers low-interest loans to those with no credit history.
Conclusion
Personal loan apps abound in India nowadays, each with its own set of features and perks. Which loan app is the best is entirely up to you to decide. Choose a personal loan that best meets your needs, whether it’s cheap interest rates, a simple application process, or a large loan amount. Visit