Small Personal Loans in India Best Instant Loan Apps

Loan Amount: Most apps offer loans starting from small amounts, ideal for emergency needs. Some allow larger loans depending on eligibility.Interest Rates: The rate varies based on the loan amount and tenure.(Small Personal Loans in India) Always check the rate and total repayment before proceeding.Repayment Tenure: Most apps offer flexible repayment tenures from a few months to a few years.Quick Disbursal: These apps focus on quick approval and disbursal, which can help in urgent situations.

1. IDFC First Bank

• Interest Rate: 10.99% p.a. onwards
• Loan Amount: Up to ₹10 Lakh
• Repayment Tenure: Up to 60 months
• Rating: 4.9/5
• Features: Offers personal loans with competitive interest rates and flexible repayment options.

2. Bajaj Finserv

• Interest Rate: 1% – 32% p.a.
• Loan Amount: ₹20,000 to ₹40 Lakh
• Repayment Tenure: Up to 96 months
• Rating: 4.9/5
• Features: Provides both small-ticket and high-value loans with a large loan range and repayment flexibility.

3. MoneyView

• Interest Rate: 10% p.a. onwards
• Loan Amount: ₹5,000 – ₹10 Lakh
• Repayment Tenure: 6 – 60 months
• Rating: 4.8/5
• Features: One of the best apps for getting a quick personal loan with minimal documentation.

4. Olyv (SmartCoin)

• Interest Rate: 18% – 30% p.a.
• Loan Amount: ₹1,000 – ₹5 Lakh
• Repayment Tenure: 2 – 24 months
• Rating: 4.6/5
• Features: Offers quick loans with flexible terms, especially for individuals looking for small loans.

5. Kissht

• Interest Rate: 14% p.a. onwards
• Loan Amount: ₹30,000 – ₹5 Lakh
• Repayment Tenure: Up to 36 months
• Rating: 4.6/5
• Features: Provides fast loans for both individuals and businesses with a user-friendly interface.

6. Buddy Loan

• Interest Rate: 11.99% p.a. onwards
• Loan Amount: ₹10,000 – ₹15 Lakh
• Repayment Tenure: 6 months – 5 years
• Rating: 4.5/5
• Features: A popular app for both personal and emergency loans, with instant disbursal and competitive rates.

7. KreditBee

• Interest Rate: 17.00% – 29.95% p.a.
• Loan Amount: ₹1,000 – ₹5 Lakh
• Repayment Tenure: 3 – 36 months
• Rating: 4.5/5
• Features: Offers short-term loans with quick approval and disbursal, designed for young professionals.

8. Fibe (Formerly EarlySalary)

• Interest Rate: 12% p.a. onwards
• Loan Amount: ₹5,000 – ₹5 Lakh
• Repayment Tenure: 3 – 24 months
• Rating: 4.5/5
• Features: Best for instant personal loans with a simple process and quick disbursal.

9. LazyPay

• Interest Rate: 15% – 32% p.a.
• Loan Amount: ₹3,000 – ₹5 Lakh
• Repayment Tenure: 3 – 60 months
• Rating: 4.4/5
• Features: Offers easy, flexible loans for both personal and emergency needs.

10. CASHe

• Interest Rate: 2.50% p.m. onwards
• Loan Amount: ₹1,000 – ₹4 Lakh
• Repayment Tenure: 3 – 18 months
• Rating: 4.4/5
• Features: Provides small loans quickly with minimal documentation and is perfect for salaried individuals.

11. mPokket

• Interest Rate: Up to 48% p.a.
• Loan Amount: Up to ₹45,000
• Repayment Tenure: 61 days – 12 months
• Rating: 4.4/5
• Features: Ideal for students and young professionals looking for quick loans with minimal paperwork.

12. ZestMoney

• Interest Rate: 11.99% onwards
• Loan Amount: Up to ₹5 Lakh
• Repayment Tenure: 3 – 36 months
• Rating: 4.4/5
• Features: Offers instant EMI-based loans and provides quick approval for purchases.

13. True Balance

• Interest Rate: 2.40% p.m. onwards
• Loan Amount: ₹5,000 – ₹1.25 Lakh
• Repayment Tenure: 3 – 12 months
• Rating: 4.4/5
• Features: Focuses on quick loans with a smooth online process and instant approval.

14. Home Credit

• Interest Rate: 1.60% p.m. onwards
• Loan Amount: Up to ₹5 Lakh
• Repayment Tenure: 6 – 51 months
• Rating: 4.4/5
• Features: Offers easy, small loans with minimal documentation and flexible EMI options.

15. FlexSalary

• Interest Rate: 18% – 54% p.a.
• Loan Amount: Up to ₹3 Lakh
• Repayment Tenure: 10 – 36 months
• Rating: 4.3/5
• Features: Provides quick personal loans with a focus on flexibility and ease.

16. Navi

• Interest Rate: 9.9% p.a. onwards
• Loan Amount: Up to ₹20 Lakh
• Repayment Tenure: Up to 6 years
• Rating: 4.3/5
• Features: Offers a range of personal loans with competitive interest rates.

17. Nira Finance

• Interest Rate: 2% p.m. onwards
• Loan Amount: ₹5,000 to ₹1.5 Lakh
• Repayment Tenure: 3 – 24 months
• Rating: 4.2/5
• Features: Provides small loans with a focus on fast approval and minimal documentation.

18. Finnable

• Interest Rate: 16% p.a. onwards
• Loan Amount: Up to ₹5 Lakh
• Repayment Tenure: 3 – 48 months
• Rating: 4.1/5
• Features: Offers both small and larger loans with flexible terms.

19. MoneyTap

• Interest Rate: 13% p.a. onwards
• Loan Amount: Up to ₹5 Lakh
• Repayment Tenure: 3 – 36 months
• Rating: 4.0/5
• Features: Instant personal loan app with a flexible credit line option.

20. Pocketly

• Interest Rate: 24% – 36% p.a.
• Loan Amount: ₹500 – ₹50,000
• Repayment Tenure: Up to 6 months
• Rating: 4.0/5
• Features: Provides fast loans for emergency cash requirements.

21. IndiaLends

• Interest Rate: 10.25% onwards
• Loan Amount: Up to ₹50 Lakh
• Repayment Tenure: 1 – 5 years
• Rating: 3.9/5
• Features: A loan marketplace that connects users with a range of lenders offering competitive interest rates.

22. Hero FinCorp

• Interest Rate: 19% – 30% p.a. onwards
• Loan Amount: Up to ₹5 Lakh
• Repayment Tenure: Up to 36 months
• Rating: 3.8/5
• Features: Offers fast personal loans with flexible terms and minimal paperwork.

23. StashFin

• Interest Rate: 11.99% onwards
• Loan Amount: ₹1,000 – ₹5 Lakh
• Repayment Tenure: 3 – 36 months
• Rating: 3.7/5
• Features: Provides small loans with easy approval and fast disbursal.

24. Lenditt: Personal Loan App

• Interest Rate: 28% onwards
• Loan Amount: ₹10,000 – ₹2 Lakh
• Repayment Tenure: 4 – 6 months
• Rating: 3.7/5
• Features: Offers personal loans with quick approval and flexible repayment terms.

25. Payme India

• Interest Rate: 1.50% p.m. onwards
• Loan Amount: ₹500 – ₹5 Lakh
• Repayment Tenure: 3 -24 months
• Rating: 3.5/5
• Features: Provides fast and small loans with easy documentation and competitive rates.

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Key Features and Considerations:

• Loan Amount: Most apps offer loans starting from small amounts, ideal for emergency needs. Some allow larger loans depending on eligibility.
• Interest Rates: The rate varies based on the loan amount and tenure. Always check the rate and total repayment before proceeding.
• Repayment Tenure: Most apps offer flexible repayment tenures from a few months to a few years.
• Quick Disbursal: These apps focus on quick approval and disbursal, which can help in urgent situations.

Small Personal Loans in India Best Instant Loan Apps

Recommendation: Before applying for a loan, check the terms, interest rates, and any hidden charges. It’s important to compare these factors to choose the best loan app based on your financial requirements.