Instant Personal Loan Applications – With the increase in digitalization, the demand for online loans has increased. Now, you can apply for an instant personal loan without any delay or hassle. All that you have to do is download the online loan app, submit your basic documents like PAN, Aadhaar & Bank Statement, and there you go! You can apply for an instant loan without any hassle. Continue scrolling to know about the top 5 instant personal loan apps available on Google Play Store.
TrueBalance is one of the best personal loan online apps that lets borrowers borrow up to INR 50,000 at any hour of the day without any collateral backup in return. It is a 100% safe and reliable loan app that you can use during a financial crisis. Do you know the entire loan avail process is online and paperless? To avail loan from TrueBalance online loan app, you do not have to visit any office or bank for verification process or get loan requests approved, so avail loan while staying in your comfort zone. The best part is the personal loan interest rate charged by the lender on this app is only 5%. Furthermore, after the lender approves your loan request, the amount gets disbursed in your account in only 5 minutes. Can you believe how hassle-free and stress-free it has become to avail of loans during the financial crisis? If not, then you must download and use the TrueBalance app.
CASHe is an online financial lending platform that offers a loan amount of up to INR 5,00,000 to customers with different interest rates and credit periods. This online loan app offers a wide range of consumer lending products and services to salaried millennials that use various credit rating algorithms, the Social Loan Quotient. It provides various financial services like credit, EMI shopping, payments, and insurance services to the users. On this CASHe loan app, you can set up the direct auto-debit for loan interest amounts and thus save yourself from the hassle of going back to the platform every time you want to apply for a loan.
It is a mobile app that allows the borrower to acquire an instant credit up to an approved amount of INR 5,00,000. You can use thepersonal loan amount to buy everyday essentials, indulgences, travel, and other things. To avail of a personal loan online, you’ll have to download the application and register on the same website. Then, you are supposed to fill out the KYC paperwork and wait for final approval from the lender on the loan app.
This loan app specializes in offering a short-term instant personal loan to students and salaried people. The salaried people can avail of a loan of amount 30,000 with proof of their employment and salary credit. At the same time, students need to show their membership in the institution. The best part is you can get the loan amount to any digital wallet like PayTm, bank accounts, etc.
It is one of the best instant personal loan apps that allows the borrower to borrow an amount of up to INR 1,00,000 for 62 days up to 15 months. To avail of a loan from this loan app, the borrower has to be an Indian citizen above 21 years old with a valid PAN ID proof. A salaried person must earn more than INR 10,000 per month to get these instant loans.
These are some of the well-known mobile loan apps that you can download from the Google Play Store and avail of an instant personal loan at the time of financial emergency.