Personal loans have become one of the most convenient ways to handle financial emergencies, buy gadgets, pay medical bills, or even fund travel plans. In today’s digital world, applying for a loan is easier than ever before—thanks to instant loan apps.
These apps allow you to apply for a personal loan online without visiting a bank branch. The approval process is quick, documentation is minimal, and in most cases, the loan amount is disbursed within 24 hours.
If you are wondering “Which is the best instant loan app in India in 2025?”, then you don’t need to spend hours comparing. Here, we have compiled a detailed list of the 30 best personal loan apps in India along with their interest rates, loan amounts, repayment periods, and ratings
Quick Comparison Table of Best Loan Apps in India 2025
| Sl. No. | Loan App | Interest Rate | Loan Amount | Repayment Period | Play Store Rating | App Store Rating |
|---|---|---|---|---|---|---|
| 1 | IDFC First Bank | 9.99% p.a. onwards | Up to ₹10 Lakh | 9 to 60 months | 4.9 | 4.8 |
| 2 | Bajaj Finserv | 10% – 31% p.a. | Up to ₹55 Lakh | Up to 96 months | 4.9 | 4.7 |
| 3 | Moneyview | 14% p.a. onwards | ₹5,000 to ₹10 Lakh | 3 to 60 months | 4.8 | 4.9 |
| 4 | Olyv (SmartCoin) | 1.5% per month onwards | ₹1,000 to ₹5 Lakh | 2 to 18 months | 4.6 | NA |
| 5 | Kissht | 14% p.a. onwards | Up to ₹5 Lakh | Up to 60 months | 4.2 | 4.0 |
| 6 | Buddy Loan | 11.99% p.a. onwards | Up to ₹15 Lakh | 6 months to 5 years | 4.5 | 4.8 |
| 7 | KreditBee | 12% – 28.50% p.a. | ₹6,000 to ₹10 Lakh | 6 to 60 months | 3.5 | 4.4 |
| 8 | Fibe (EarlySalary) | 18% p.a. onwards | Up to ₹5 Lakh | 6 to 36 months | 4.5 | 4.5 |
| 9 | LazyPay | 12% – 36% p.a. | ₹3,000 to ₹5 Lakh | 3 to 24 months | 4.4 | 4.8 |
| 10 | CASHe | 2.79% – 3% per month | ₹45,000 to ₹3 Lakh | 2 to 18 months | 4.4 | 4.3 |
| … | … | … | … | … | … | … |
(Full 30 apps included in article body below)
Features & Benefits of the Best Instant Loan Apps in India
1. IDFC First Bank Loan App
- Loan Amount: Up to ₹10 Lakh
- Interest Rate: Starting from 9.99% p.a.
- Tenure: 9 – 60 months
- Benefits:
- Simple application for existing customers.
- EMI flexibility.
- Loan tracking via mobile app
2. Bajaj Finserv
- Loan Amount: Up to ₹55 Lakh
- Interest Rate: 10% – 31% p.a.
- Tenure: Up to 96 months
- Highlights:
- High loan amount eligibility.
- Three loan variants – Flexi Term, Flexi Hybrid, and Term Loan.
- Paperless process and quick disbursal.
3. Moneyview
- Loan Amount: ₹5,000 to ₹10 Lakh
- Interest Rate: 14% p.a. onwards
- Features:
- Loan approval in 2 minutes.
- Disbursal within 24 hours.
- Available even for borrowers with low credit scores.
Why Choose Instant Loan Apps in 2025?
- Quick Approval & Disbursal – Get funds in 10 minutes to 24 hours.
- Minimal Documentation – Only Aadhaar, PAN, and income proof required.
- 24/7 Accessibility – Apply anytime, anywhere.
- No Collateral Needed – Unsecured loans for salaried & self-employed.
- Flexibility – Small ticket loans as well as large personal loans.
Things to Keep in Mind Before Choosing a Loan App
- Compare interest rates before applying.
- Always check the hidden charges.
- Ensure the app is RBI-approved or tied with NBFCs.
- Check customer reviews and app ratings.
- Borrow only what you can comfortably repay.
Pros & Cons of Instant Loan Apps
Pros:
✔ Quick disbursal
✔ Easy eligibility
✔ No collateral required
✔ Flexible repayment
Cons:
✘ Higher interest rates compared to banks
✘ Short repayment tenure
✘ Chances of hidden charges if not verified
FAQs – Best Loan Apps in India
Q1. Which is the No.1 instant loan app in India in 2025?
Ans: Based on ratings and reviews, Moneyview and Bajaj Finserv are among the best instant loan apps in India.
Q2. Can students get loans from these apps?
Ans: Yes, apps like mPokket and KreditBee provide loans for students with valid ID proof.
Q3. Is it safe to borrow from online loan apps?
Ans: Yes, as long as the app is RBI-approved or partnered with NBFCs. Always avoid unverified apps.
Q4. What is the maximum amount I can borrow?
Ans: Some apps like Bajaj Finserv and IndiaLends provide loans up to ₹55 Lakh and ₹25 Lakh respectively.
Q5. How fast can I get the money?
Ans: Most apps disburse loans within 10 minutes to 24 hours after approval
Conclusion
Instant loan apps in India have made personal financing extremely convenient. Whether you need ₹1,000 for an emergency or ₹20 Lakh for a big purchase, these apps provide quick access to credit with flexible repayment options.
Among all, Moneyview, Bajaj Finserv, KreditBee, and Buddy Loan stand out as the most reliable choices in 2025.
👉 For more details on safe borrowing, always check the RBI official website.
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