Best Online Personal loan app in India: Personal loans are like borrowing money from someone to help you get something you want or to help you when you need money quickly.
They can help you buy something special or handle unexpected money problems without using all of your own money. Right now, there are special apps that can give you money quickly if you need it. These apps are better than going to a bank because they make decisions faster and don’t need as many papers from you. If you want to find these apps in India, keep reading. Why look through many app descriptions to find the best loan app in India? Here, we have a list of the best online loan apps in India. It includes information about how much interest they charge, how much money you can borrow, and how long you have to pay it back.
Best Online Personal loan app in India :
| Sl. no. | Loan App | Interest Rate | Loan Amount | Repayment Tenure | Play Store Rating |
| 1 | moneyview | 1.33% p.m. onwards | Rs.5,000 – Rs.10 Lakh | 6 – 60 months | 4.7/5 |
| 2 | MoneyTap | 1.08% p.m. onwards | Up to Rs.5 Lakh | 3 – 36 months | 4.1/5 |
| 3 | KreditBee | 15% – 29.95% p.a. | Rs.1,000 – Rs.4 Lakh | 3 – 24 months | 4.6/5 |
| 4 | PaySense | 1.4% – 2.3% p.m. | Rs.5,000 – Rs.5 Lakh | 3 – 60 months | 3.6/5 |
| 5 | CASHe | 2.50% p.m. onwards | Rs.1,000 – Rs.4 Lakh | 3 – 18 months | 3.7/5 |
| 6 | Nira Finance | 2% p.m. onwards | Up to Rs.1 Lakh | Up to 12 months | 4.3/5 |
| 7 | Navi | 9.9% p.a. onwards | Up to Rs.20 Lakh | Up to 72 months | 4.1/5 |
| 8 | Fibe | 14% p.a. onwards | Rs.5,000 – Rs.5 Lakh | Up to 24 months | 4.4/5 |
Moneyview
Best Online Personal loan app in India : Moneyview is a very popular and highly-rated app in India that helps people borrow money. It is considered one of the best apps for this purpose. It has many great benefits and features that make it a really good choice for people who need a personal loan.
- Once your loan application is approved, you will get the money you requested within a day in most situations. In just 2 minutes, no matter where you are in the country, you can find out if you meet the requirements for something.
- Moneyview only needs you to give them three important papers – your address proof, identity proof, and proof of how much money you make.
- You can have as little as Rs. 5,000 or as much as Rs. 10 Lakh. You can borrow money and pay it back over a certain amount of time.
- The interest rate is how much extra money you have to pay back. For every month you take to pay back the money, you have to pay an extra 1.33% of the original amount you borrowed.
- You can choose to pay back the money over up to 60 months. Moneyview does not ask you to give something valuable as a guarantee, and you can choose to pay back the loan by allowing them to automatically deduct small amounts of money from your account at regular intervals.
- Moneyview has a special way of deciding if someone can borrow money, even if they don’t have a good credit score. This means that people who might not be able to get a loan from other places can still borrow money from Moneyview. Apply Now
Kreditbee
Best Online Personal loan app in India : KreditBee has different kinds of loans for people. One is a small loan for when you need money quickly or for things that don’t cost too much. The other loans are for people who have jobs or work for themselves. Certain things make something special and useful.
- Different types of loans allow people to borrow different amounts of money, ranging from Rs.1,000 to Rs.4 lakhs. KreditBee says they can give you the money you need in only 10 minutes. The interest rate is how much extra money you have to pay when you borrow money.
- It can be anywhere from 5% to almost 30% per year. The exact interest rate depends on how good you are at paying back the money you borrow and some other things.
- You have to pay back the money you borrow in either 3 months or up to 10 months for a Flexi loan, and up to 24 months for a personal loan if you have a job.
- The whole process of applying for a loan, from the beginning to the end, happens on the internet. Apply Now
Nira Finance
Best Online Personal loan app in India : Nira Finance is a special app that lets you borrow money easily. It gives you up to Rs. 1 lakh in just 3 minutes! The app is great.
- Nira Finance gives you the option to borrow money up to Rs.1 Lakh. After you send in your papers and application, you can find out how much money you can borrow in just 3 minutes.
2. Nira Finance lets people borrow money even if theyhaven’tborrowedbefore.But if you have borrowed before, you need to have a good credit score of at least 681.
3. You have up to a whole year to pay back what you owe. You will only have to pay interest on the money that you spend, not on all the money that you are allowed to use. Interest rates are the extra money that you have to pay when you borrow money. It usually starts at 2% of the amount you borrow every month. Even though the loan process is done online, you will still need to give physical copies of some documents sometimes to prove who you are. Apply Now
Navi
Best Online Personal loan app in India : Navi is like a special app that lets people borrow money online. It is one of the best companies that lend money to people. Here are some things that make Navi special and helpful. 1. You can borrow up to Rs. 20 Lakh as a personal loan. Navi lets you choose how long you want to take to pay for something.
2. You can take up to 6 years, which is like 72 months, to pay it all off.
3. The interest rates begin at 9.9% per year. Getting a loan is like borrowing money from a bank, but instead of going to the bank in person, you can do it all online. It doesn’t matter where you are, as long as you have a computer or a phone with internet access.
4. You can pick a way to pay back the money that you owe, but it depends on what you are able to do. Once you are given permission, the money you borrowed will be added to your account in just a few minutes. Apply Now
FIBE
Best Online Personal loan app in India Fibe, which used to be called EarlySalary, gives people money when they need it and lets them use it however they want. They are happy to help everyone, even if they don’t have a good credit history. The cool thing about Fibe is that they can give you the money really quickly, in just 10 minutes. You can find out more about what they offer and how it can help you.
- You can borrow money from as little as Rs.5,000 to as much as Rs.5 Lakh depending on how much money you can repay and if you meet certain requirements.
- The whole process of applying is done on the computer and doesn’t use any paper.
- This special lender lets you ask for more than one loan on the same day, even if you already have one loan from them.
- Fibe is always available, even during the night and on weekends. This means that you can ask for a loan whenever you want and get the money right away.
- Fibe can give you some money in advance if you need it, but you will have to pay it back with some extra money added on top. The extra money is called interest, and it starts at 14% per year. You can pay back the money you borrowed in smaller amounts for up to 2 years. Apply Now
Best Online Personal loan app in India
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