Nowadays people don’t like to invest much time in traditional loans from traditional banks because these processes have high interest rates and long waiting periods for loan approval. Now people believe in Instant Personal Loan Apps which provide loans at low interest rates with very less time. Users can get the personal loans with minimal documentation online through the apps. So, in this article we are going to tell you about 5 best instant personal loan apps in India.

Bajaj MARKETS

Bajaj MARKETS app is the online platform where you can apply for the personal with the easy steps. Users can take a loan starting from 10.49% per annum interest rate and you can apply loan amount up to 50 Lakh. This app gives you instant approval and users also give the best reviews for quality service.

Bajaj Loan

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How to apply:

  1.  you have fill Your Details
  2. check the  Loan Offers
  3. Verification > Banking > E-sign
  4. you will get Money In Bank

PaySense

PaySense is the best personal loan app in India. Users like their easy interface and quality services. Users can get personal loans of up to ₹5 Lakhs and they have to pay interest rates starting from just 1.08% per month.

Paysense Loan

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Eligibility

  • Users Must be Indian Citizen
  • Users’ age must be between 21 years and 60 years at the most at the time of the loan maturity.
  • Users must have a 750 or above credit score.
  • You must either be self-employed or have your own business. Or users also be salaried professionals working with a reputed corporate company.
  • If users are a self-employed professional or own business then users must earn a minimum of ₹15,000 per month. If users are a salaried individual, your in-hand salary must be at least ₹12,000 a month.
  • Users must have at least one of the following credentials handy: Aadhaar Card/PAN Card/Voter’s ID

How to Apply:

  1. You have to fill a form online on this app.
  2. This app shows you the lending partner so, you have to select one of them.
  3. You have to mentioned specific personal loan Details
  4. After that you will get Approval & Disbursal

Instant Approval Personal Loan – IndiaLends

IndiaLends is the most popular personal loan app in india. Users can get the personal loan up to 50 lakh and they have to pay 10.75% to 25% per annum interest rate. Users can get approval in the next 48 hours and they have minimum document verification.

India Loan

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How to apply

  1. Fist of all you have to check eligibility on the personal loan page
  2. Now apply for the loan
  3. Check the offers and submit the form
  4. You will get approval in the next 48 hours.

Branch Personal Loan App

Branch Personal Loan App provides the personal loan upto  ₹50,000 and users have to pay 15% to 34% per annum interest rate. This app provides an easy step to apply for a loan which users like. For this reason users gave the 4.4 rating for this personal loan application in india.

Branch Personal Loan App

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How to apply

  1. Sign up on this app
  2. Choose the personal loan option in bottom on the homescreen
  3. Check the offers and select on of them
  4. Fill the details which require
  5. Click on the apply button.

PayMe India

Payme India is the startup personal loan app in India. This app provides the personal loan to the corporate employees for the short-term. Users can apply for a personal loan upto ₹2 lakh and they have to pay 18% to 42% per annum .

 

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How to apply

  1. Sign up on this app
  2. Choose the personal loan offers
  3. Fill the details which require in the form
  4. Click on the apply button.

Conclusion:

People who want to apply for a personal loan and want to take approval instantly can apply on these apps. In this article we have discussed 5 best personal loan apps in India. Also we have mentioned interest rate and user reviews. You can check for other  information on google play store. If you have any query regarding this article you can write in the comment section we will reach you soon.

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