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Instant Loan Apps in India 2025

Compare and choose from the best instant loan apps. Get loans from ₹500 to ₹10 lakhs with instant approval and quick disbursal. Updated January 2025.

15+
Loan Apps
10 Min
Approval Time
₹10L
Max Amount
50M+
Total Users
M

mPokket

Student Friendly

College students and young professionals

4.3
10M+ downloads
Loan Amount

500 - ₹30,000

Interest Rate

0-4% per month

Approval Time

10 minutes

Disbursal

Instant

Key Features:

No credit history required
100% digital process
Instant disbursal to Paytm/Bank
Flexible EMI options

Processing Fee

4% or ₹34-₹203

Tenure Options

61-120 days

Eligibility

18+ years, college student or salaried professional

MV

MoneyView

Best Overall

Salaried and self-employed with flexible needs

4.5
5M+ downloads
Loan Amount

5,000 - ₹1,000,000

Interest Rate

From 1.33% per month

Approval Time

2 minutes

Disbursal

24 hours

Key Features:

Loans up to ₹10 lakhs
Collateral-free
Credit score 650+
Flexible repayment up to 5 years

Processing Fee

2-3%

Tenure Options

Up to 60 months

Eligibility

21-57 years, ₹13,500+ monthly income

KB

KreditBee

Quick Approval

Fast approval with minimal documentation

4.4
10M+ downloads
Loan Amount

6,000 - ₹1,000,000

Interest Rate

12-28.5% p.a.

Approval Time

10 minutes

Disbursal

10 minutes

Key Features:

Instant approval
100% online process
Hassle-free documentation
Quick disbursal

Processing Fee

2-3%

Tenure Options

Up to 60 months

Eligibility

21+ years, salaried or self-employed

F

Fibe (EarlySalary)

Flexible Tenure

Salaried professionals seeking flexible options

4.2
5M+ downloads
Loan Amount

5,000 - ₹500,000

Interest Rate

Starts from 14% p.a.

Approval Time

2-10 minutes

Disbursal

2-10 minutes

Key Features:

No prepayment penalties
Minimal paperwork
Flexible repayment options
Credit limit up to ₹5 lakhs

Processing Fee

2-4%

Tenure Options

6-36 months

Eligibility

19-55 years, ₹25,000+ monthly salary

C

CASHe

Micro Loans

Small ticket loans with social scoring

4.3
5M+ downloads
Loan Amount

1,000 - ₹400,000

Interest Rate

2.25% per month

Approval Time

5 minutes

Disbursal

Instant

Key Features:

Social profile based approval
Flexible loan amounts
Quick disbursal
Easy repayment

Processing Fee

2-3%

Tenure Options

90-540 days

Eligibility

18+ years, ₹12,000+ monthly income

K

Kissht

Buy Now Pay Later

Shopping and EMI financing

4.1
10M+ downloads
Loan Amount

2,000 - ₹200,000

Interest Rate

0% on EMI purchases

Approval Time

30 seconds

Disbursal

Instant for purchases

Key Features:

0% EMI on purchases
Credit line for shopping
Partner with 1000+ brands
Instant credit approval

Processing Fee

Varies

Tenure Options

3-24 months

Eligibility

18+ years, employed or student

LP

LazyPay

Credit Line

Short-term credit for daily expenses

4.4
10M+ downloads
Loan Amount

500 - ₹100,000

Interest Rate

0% interest

Approval Time

Instant

Disbursal

Instant

Key Features:

0% interest on time payment
Credit limit up to ₹1 lakh
No documentation
EMI conversion available

Processing Fee

₹0

Tenure Options

Pay next month

Eligibility

18+ years, regular income

PS

PaySense

Salaried

Salaried employees with steady income

4.2
10M+ downloads
Loan Amount

5,000 - ₹500,000

Interest Rate

16-36% p.a.

Approval Time

2 minutes

Disbursal

Within 24 hours

Key Features:

High approval rate
Flexible tenure
No collateral
Digital process

Processing Fee

2-3%

Tenure Options

3-60 months

Eligibility

21-58 years, ₹12,000+ monthly income

Need Help Choosing the Right App?

Not sure which instant loan app is best for you? Check out our detailed guides for different user categories.