cash loan apps

15 Top Instant Cash Loan Apps in India

When you require a quick cash loan immediately, your options are limited. One option is to submit an application for a personal loan with one of the reputable banks. This may be a drawn-out procedure requiring a lot of paperwork and document submissions.

The other option is to borrow money using a credit card, but the interest rates are very high. Another option is to request financial assistance from friends or family, but this may be embarrassing. Currently, a fast cash loan can be approved in only a few minutes! This article also contrasts the best personal loan choices currently on the market. Read this article to find the best loan app for students for availing instant personal loans.

What Is An Instant Cash Loan?

Instant cash loans are a type of personal loan used for various purposes, including travel, wedding costs, house improvements, etc. It is an unsecured loan that can be applied to several personal purposes or other pressing financial needs. The key benefit of a fast cash loan is that you can get your instant personal loan without committing any assets or collateral, which is a great benefit.

15 Top Instant Cash Loan Apps In India

Here are 15 top online instant loan apps in India:

S.NoParticularsInterest AmountMaximum Loan Amount
1Loaney 36% P.A₹20,000
2Money tap 1.08%(Monthly)₹ 3,000 – ₹ 5 Lakh
1.08 – 2.33%

₹ 5,000 – ₹ 5 Lakh
4Dhani Starting at 13.99% P.A₹ 1,000 – ₹ 15 Lakh
5India lends
10.75% – 25% (APR)

₹ 15,000 – ₹50 lakh
6Kreditbee10% – 29.95% (P.A.)₹ 1,000 – ₹3 lakh
 1.67% – 2.25% (Monthly)

₹ 5,000 – ₹ 1 Lakh
8CASHe 2.5% (Monthly)₹ 1000 – ₹4 lakh
9Money view 
1.33% Monthly

₹ 5,000 – ₹ 5 Lakh
10Early Salary 12% – 30% (P.A.)₹ 8,000 – ₹ 10 Lakh
11Smart coin 
2.5 – 3%

₹ 1,000 – ₹ 2 Lakh
12Home credit 2% (Monthly)₹ 10,000 – ₹ 5 Lakh
13Lazy pay 
18% – 25% (P.A.)

₹ 10,000 – ₹ 1 Lakh
14Flex salary 
36% (APR)

₹ 4,000 – ₹ 2 Lakh
15Bajaj Finserve Starting @ 13% (P.A.)₹ 10,000 – ₹ 25 lakh

1. Loaney

One of India’s finest personal loan apps is Loaney, which enables you to apply for an instant cash loan to cover unexpected expenses. An online application and a streamlined verification process provide a simple and rapid loan option. Loaney provides quick loans for house improvements, wedding costs, and medical situations. Additionally, it offers free consultation and a simple EMI option with a low loan repayment fee.

2. Money tap

One of the main benefits of instant money loan apps is Money Tap, which lets you pay interest only on the loan amount you utilise rather than the approved amount. Look at other advantages: The no-usage-no-interest feature ensures interest is only charged on the amount that has been utilised, not the whole amount borrowed. Amounts between Rs. 3,000 and Rs. 5 lakh can be accessed, and flexible repayment terms of 2 months to 36 months are available. Interest rates start at 1.25 percent per month.

3. Paysense

The best loan app for students is PaySense, a web-based Android app that offers short-term, immediate personal loans from ₹5,000 to ₹25,000 with terms of up to two years. We have made the aspirations and obligations of more than 10 lakh users possible by completing this application operational in more than 50 Indian cities.

4. Dhani

One of the top loan apps is Dhani, which enables you to apply for various personal loans, including debt consolidation, home loans for home improvements, two-wheelers, weddings, and trips. In addition, the Dhani app allows you to instantly apply for a personal loan ranging from ₹500 to ₹15 lakhs in just 3 minutes.

5. India lends

IndiaLends is an app for borrowing money that allows users to access credit products like personal loans, credit cards, gold loans, etc. Additionally, it gives its users free credit reports and other tools for financial education. It is accessible via web and mobile apps. IndiaLends collaborates with more than 50 partners, including large PSUs, banks, NBFCs, fintech companies, etc.

6. Kreditbee

KreditBee is one of the money lender apps in India that facilitates loan transactions between borrowers and personal loan providers such as NBFCs/Banks. The NBFCs/Banks registered with the RBI approve and sanction all loan applications. Additionally, every element is spelled out in total throughout the loan application.


Within 24 hours, you can apply for an immediate loan through the Nira app. These rapid loans are simple loans that don’t need any paperwork or credit history. The minimum interest rate for a personal loan from Nira is 24 percent, and the maximum term is 12 months.


Cashe is the best loan app for the unemployed and offers young salaried millennials across India quick, flexible, unsecured personal loans via a smartphone application. It is one of India’s most popular digital lending platforms that offer credit to people who weren’t eligible for credit from traditional lending companies and those who had never had credit before.

9. Money view

Money View, one of the top online loan apps available in the nation right now with a 4.5 rating on Google PlayStore, provides its users with an unmatched selection of features and advantages. Some state that the loan amount would be disbursed within 24 hours once the application is authorised. Additionally, the eligibility check can be finished in less than two minutes from anywhere in the nation. The application process is very straightforward, and the interest rates, which start at 1.33 percent per month with payback durations of up to 60 months, are very reasonable. You need to submit three papers and the amount available to additional borrowers ranges from Rs. 5,000 to Rs. 5 lakh.

10. Early Salary

Early Salary is a money lending app that enables those who require a mortgage but lack a strong credit history. This app may allow you to obtain a loan in a few minutes if you have the required documentation. Additionally, this app offers users straightforward repayment options in the form of variable EMIs.

11. Smart coin

SmartCoin’s instant personal loan application to apply for quick loans right away. With SmartCoin, you can obtain loans with a minimum APR of 20% and a maximum APR of 36% for amounts ranging from Rs. 1,000 to Rs. 70,000 from 91 days to 270 days.

12. Home credit

With the help of Home Credit, you may apply for a loan quickly and have it approved immediately. Additionally, this app enables you to apply for a loan from us even if you have never done so, with simple EMIs that start at a 0% interest rate.

13. Lazy pay

One of the best personal loan apps in India, Lazor Pay, can help you immediately obtain an urgent cash loan. The quickest approach to getting credit online is to enter your cell phone number to receive a personalised credit limit to validate your online purchases. Additionally, on more than 100 of your favourite apps and websites, such as Swiggy, Zomato, BookMyShow, Airtel, and others, you may use your credit limit to Buy Now Pay Later when you shop online.

14. Flex salary

Another fast loan app, Flex Salary, enables those who don’t reside or work in major cities to utilise it to obtain a loan. With no fixed EMIs and speedy loan approvals, this application acts as an immediate loan app. This Hyderabad-based online rapid lending software provides quick disbursements and 24/7 access for borrowers to their loans.

15. Bajaj Finserv

You can apply for a loan using the well-known instant loan platform Bajaj Finserve to cover financial exigencies. With this rapid lending app, you can get a no-collateral loan of up to Rs. 25 lakhs to satisfy various demands.

What Are The Benefits Of Online Instant Cash Loan Apps In India?

These are the benefits of the small amount loan app in India:

1. Instant Credit Of Cash

The main advantage is instant cash credit through online instant cash loan apps. You no longer have to wait days for the loan to be approved and validated when you can apply for one through internet lenders in just a few minutes.

2.No Physical Paperwork

You can obtain an instant cash loan from online money lenders in India without filling out any paperwork, which is an additional benefit. You only need to upload papers like salary slips and Pan cards electronically.

3. Collateral Free

You no longer need to worry about how to get an instant loan in India without providing collateral because you can avail of loans from online lending apps without pledging any collateral.

4. Digital Tracking Status

You can follow the online status of your loan application when you apply for a loan through an online lending app. Whether it has been approved, validated, or related information.

5. Avail Cash 24*7

With personal loan applications, you can get cash anytime you need it without being concerned about the time of day.

6.No Credit History Required

Last, you no longer need a credit history to apply for a loan from one of India’s online lenders. Most online lending applications offer quick cash loans without checking your credit history.

What Are The Documents Required For Instant Cash Loans Online?

You need to submit the following documents that are required for availing of an urgent cash loan today in India:

1.       PAN Card of the applicant

2.       Mobile number of the applicant linked with the Aadhar card

3.       A Selfie of the applicant

4.       A bank account with an internet banking

5.       Income documentation: PDF copies of the last three months’ bank statements showing salary credits for salaried employees and independent contractors.

Why Choose Loaney For Instant Cash Loan Online In India?

You should choose Loaney for an instant cash loan online in India for the following reasons:

1. Immediate Approval

With Loaney, you may apply for a loan quickly and instantly, and you can receive loan approval right away.

 2. Complete Online Process

The easy-to-use online loan application process with Loaney, which is entirely digital and requires no offline documentation, is another crucial reason you should pick them.

3.No Security Is Required

For a quick personal loan from Loaney, you don’t need to provide security or guarantors.

4. Secure Experience

Last but not least, Loaney processes and stores your data safely and follows the relevant legislation.

How To Apply For Quick Cash Through Instant Cash Loan Apps?

You can apply for a quick cash loan through the instant cash loan apps by following these steps:

  1. On the Loaney website, you must first log in or register. Therefore, it is crucial that you either register using your mobile number or create a new login ID.
  2. Next, navigate to the section for personal loans.
  3. Then Before completing the application, confirm your monthly income, credit score, age, and employment information.
  4. The next step in the loan application procedure is to provide your name, Aadhaar, employer contact information, loan amount, monthly income, and repayment terms.
  5. Afterward, the lender would use your personal information to check your eligibility.
  6. To get the loan amount immediately into your account, you must now provide the information for your bank account. After that, the payback EMIs will automatically be deducted from your bank account at the specified intervals.

Final Thought

Therefore, the focus of this article was on availing loans using various lending applications in India. However, you can visit Loaney to apply for an instant personal loan if you need cash immediately. Loaney provides the fastest and easiest loan sanctioning. Additionally, we have addressed some of the most oftenly asked questions about obtaining an instant personal loan for a better understanding. However, you can write to us if you still have any questions.

Frequently Asked Questions

Here are the answers to the most frequently asked questions regarding the best loan app in India:

1. How can we borrow money immediately?

You can borrow money immediately from online lenders in India that offer instant cash loans.

2. How can I get an instant loan in 5 minutes?

You can get an instant loan by registering on Loaney within 5 minutes.

3. Which apps give loans without salary slips?

Loaney is the best instant small loan app that provides loans without salary slips.

4. How can I get an urgent loan in India?

You can apply for a quick personal loan by creating an account on Loaney. It will assist you in obtaining the immediate personal loan within minutes after determining your eligibility.