Top Personal Loan Apps in India
1. Vizzve Financial
Loan Approval Rate: 92%
Vizzve Financial connects borrowers with multiple banks and NBFCs, offering competitive rates and a fully digital application process.
Key Features:
- Loan amounts: ₹10,000 to ₹25,00,000.
- Quick disbursal with minimal paperwork.
- Fully online and hassle-free process.
2. PaySense
Loan Approval Rate: 90%
PaySense is a go-to app for salaried professionals, with loans tailored to individual financial needs.
Key Features:
- Loans up to ₹5,00,000.
- EMI options that suit your budget.
- Instant approval process.
3. KreditBee
Loan Approval Rate: 88%
KreditBee caters to both salaried and self-employed individuals, making personal loans accessible to all.
Key Features:
- Loan amounts up to ₹3,00,000.
- Fast disbursal and simple application.
4. CASHe
Loan Approval Rate: 87%
CASHe is popular among young professionals, offering flexible short-term loans.
Key Features:
- Loans up to ₹4,00,000.
- Social Loan Quotient (SLQ)-based credit evaluation.
5. EarlySalary
Loan Approval Rate: 85%
EarlySalary specializes in instant personal loans and salary advances for emergencies.
Key Features:
- Loan amounts up to ₹5,00,000.
- Ideal for emergency expenses.
6. MoneyTap
Loan Approval Rate: 83%
MoneyTap offers a flexible credit line for various financial needs, converting unused amounts into EMIs.
Key Features:
- Loan amounts up to ₹5,00,000.
- Flexible repayment and instant disbursal.
7. Bajaj Finserv
Loan Approval Rate: 91%
Bajaj Finserv provides a comprehensive range of personal loan options, known for competitive interest rates and quick processing.
Key Features:
- Loan amounts up to ₹25,00,000.
- Instant approval with flexible tenures.
- Minimal documentation required.
8. Dhani
Loan Approval Rate: 89%
Dhani offers instant personal loans with just your Aadhaar card, making the process quick and paperless.
Key Features:
- Loan amounts starting at ₹1,000.
- No physical documentation required.
9. Axis Bank Personal Loan
Loan Approval Rate: 88%
Axis Bank is a trusted name for personal loans, offering great benefits for salaried and self-employed individuals.
Key Features:
- Loan amounts up to ₹15,00,000.
- Tenures ranging from 12 to 60 months.
- Pre-approved offers for existing customers.
10. HDFC Bank Personal Loan
Loan Approval Rate: 90%
HDFC Bank is one of India’s largest private sector banks, offering easy-to-access personal loans with competitive interest rates.
Key Features:
- Loan amounts up to ₹40,00,000.
- Fast disbursal within 24 hours.
- Special benefits for existing account holders.
11. SBI Personal Loan (State Bank of India)
Loan Approval Rate: 85%
SBI offers personal loans with affordable interest rates and flexible repayment options, ideal for diverse financial needs.
Key Features:
- Loan amounts up to ₹20,00,000.
- Low-interest rates starting at 10.90%.
- No hidden charges.
12. ICICI Bank Personal Loan
Loan Approval Rate: 87%
ICICI Bank’s personal loans come with minimal documentation and quick disbursal, making them a reliable choice.
Key Features:
- Loan amounts up to ₹25,00,000.
- Attractive interest rates.
- Fast processing and approval.
