Some of the Best Loan Apps to Get Instant Personal Loans in India in 2025
Managing urgent financial needs can often be challenging. Whether you require funds for medical expenses, home repairs, or personal obligations, quick access to financial assistance is crucial. Personal loan apps offer a convenient solution, enabling users to secure funds quickly with minimal documentation and an easy application process. This guide presents some of the leading loan apps in India for 2025, helping you make an informed decision.
Some of the Popular Instant Loan Apps in India
Several apps in India provide personal loans instantly, offering flexible repayment terms. These apps offer loan amounts ranging from ₹500 to ₹50 Lakhs, with interest rates starting as low as 9.99% p.a.
Here is a list of some of the lenders which have the best loan apps as per play store ratings:
| Lender Name |
Maximum Loan Amount |
Starting Interest Rate |
Play Store Rating |
| IDFC FIRST Bank |
₹5 Lakhs |
12.3% p.a. onwards |
4.9 / 5 |
| Bajaj Finserv |
₹55 Lakhs |
10% p.a. |
4.9 / 5 |
| MoneyView |
₹10 Lakhs |
14.00% p.a. |
4.8 / 5 |
| Kissht |
₹5 Lakhs |
28.00% p.a. |
4.6 / 5 |
| SmartCoin (Olyv) |
₹5 Lakhs |
18.00% p.a. |
4.6 / 5 |
| Fibe |
₹5 Lakhs |
12.00% p.a. |
4.5 / 5 |
| KreditBee |
₹5 Lakhs |
17.00% p.a. |
4.5 / 5 |
| Bajaj Markets |
₹50 Lakhs |
9.99% p.a. |
4.4 / 5 |
| CASHe |
₹3 Lakhs |
2.79% per month |
4.4 / 5 |
| LazyPay |
₹5 Lakhs |
18.00% p.a. |
4.4 / 5 |
Disclaimer: Interest rates and other details are subject to change. Please check with the lender before applying.
Key Features & Advantages of Leading Loan Apps
IDFC FIRST Bank
IDFC FIRST Bank simplifies the loan application process with minimal paperwork and quick approvals. The app offers personal loans starting from ₹30,000 to ₹5 Lakhs, with interest rates beginning at 12.30% p.a. and processing fees up to 2%. The Play Store rating of 4.9 / 5 highlights its ease of use and reliability.
Bajaj Finserv
Bajaj Finserv is another widely used financial platform offering personal loans with competitive interest rates. The app allows users to avail loans ranging from ₹20,000 to ₹55 Lakhs with interest rates starting at 10% p.a. and a repayment tenure of up to 96 months. The app has a Play Store rating of 4.9 / 5, indicating a high level of customer satisfaction.
MoneyView
MoneyView is known for its fast loan disbursal and flexible repayment options. It allows users to borrow amounts between ₹5,000 and ₹10 Lakhs with interest rates starting from 14% p.a. The repayment tenure can go up to 60 months, and the app has a Play Store rating of 4.8 / 5, making it a trusted choice for borrowers.
Kissht
Kissht offers an entirely digital loan application process, enabling users to access funds quickly. The app provides loans up to ₹5 Lakhs at interest rates starting at 28% p.a., with a repayment tenure of up to 60 months. The processing fee is up to 6%, and the Play Store rating stands at 4.6 / 5.
SmartCoin
SmartCoin caters to individuals seeking smaller loans with minimal documentation requirements. Users can access amounts between ₹1,000 and ₹5 Lakhs with interest rates starting from 18% p.a. The repayment tenure is up to 24 months, and the Play Store rating is 4.6 / 5.
Fibe
FIbe provides a fully digital loan application process with competitive interest rates and instant approvals. Loans range from ₹8,000 to ₹5 Lakhs with interest rates starting at 12% p.a. The repayment tenure is up to 36 months, and the app has a Play Store rating of 4.5 / 5.
KreditBee
KreditBee is another option for those looking for short-term and long-term loans. Users can get loans from ₹10,000 to ₹5 Lakhs at interest rates starting at 17% p.a. with a repayment tenure of up to 36 months. The processing fee is up to 5.5% + GST, and the app holds a Play Store rating of 4.5 / 5.
Bajaj Markets
Bajaj Markets provides access to personal loans from various lenders, along with other financial services such as credit cards and insurance policies. Users can compare different loan offerings and apply instantly on the app. With flexible loan amounts ranging from ₹500 to ₹50 Lakhs, interest rates start at 9.99% p.a., and repayment tenure extends up to 96 months. The Play Store rating of 4.4/5 reflects its reliability.
CASHe
CASHe is tailored for small-ticket loans, offering flexible repayment terms. The app provides loans from ₹1,000 to ₹3 Lakhs with interest rates starting at 2.79% per month The repayment tenure can extend up to 18 months, and the app has a Play Store rating of 4.4 / 5.
LazyPay
LazyPay is a popular financial platform offering personal loans with flexible repayment options. Borrowers can avail loans starting from ₹3,000 up to ₹5 Lakhs, making it suitable for various financial needs. The repayment tenure ranges from 3 to 24 months, allowing users to choose a schedule that fits their budget. The interest rate is set at 18.00% p.a., ensuring transparency in borrowing costs. With a Play Store rating of 4.4 / 5, LazyPay is recognised for its user-friendly experience and reliable loan services.
Factors to Consider Before Choosing a Loan App
When selecting a loan app, it is essential to evaluate the personal loan interest rates, processing fees, loan tenure, eligibility criteria, and repayment flexibility. Comparing multiple lenders helps in identifying the most affordable option. Some lenders impose high processing fees, so checking all applicable costs is important.
Choosing a repayment period that aligns with your financial situation ensures smooth loan management. Before applying, verify the age and income requirements and look for options that allow prepayments or foreclosure without heavy penalties. Select the best loan app based on your requirements and repayment capability. Always borrow responsibly and review loan terms carefully before proceeding.
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