Uploaded on Dec 8, 2020
Since Google Play Store and Apple Store are leading the app store industry, millennials find out most of the apps over there, we have brought up to the top 5 personal loan lenders in India according to them. Read this blog to know more.
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BLOGS |PERSONAL LOAN |TOP 5 PERSONAL LOAN APPS IN INDIA AS PER APP
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Apps in India as Per Check
App Stores your
Eligibility
08 Dec 2020 5 min read To check how
much loan you
can get.
Loan
Amount
Monthly
Salary
EMI
Company
Name
Emai
The rise in the demand for personal loan in India is going up with a l
superfast velocity. Alongside, the rapid technological advance in the
nancial world. MobileVeNriufy
mber
Since the total number of digital users is expected to reach around 1
billion by 2025 in India, majority of the lenders have observed the
market and already have come on the digital platform for providing Apply Now
their products and services to customers.
But, consequently, it becomes tough for users also to opt for the
best personal loan app among plenty of moneylenders with regards
to their need for funds.
Latest HBello gVpiewlin e
Keeping that in view, we performed an exclusive research for you; Numbe+r 91-A11ll-239780
we came up with a report of the top moneylenders who stand out to 403 Dec
C20o2m0mon
be reliable, handy and of course best for availing personal loan in 6Financial
2020 and further year over year. Instruments that can ..
Since Google Play Store and Apple Store are leading the app store
industry, millennials nd out most of the apps over there (regardless
of any need), we have brought up top 5 personal loan lenders in
India according to them. Without wasting your precious time, let’s
have a look below:
1. Google Play 2 6 N Tovr a20c2k0
Mo 0120- 411- 0376A PR orMonneyeTyaTp awpas founded back in the yeaAr p p2l0ic1a5ti.o nIt is pop Suiglan rIn f /oSrig int sU pexclusive Annual
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e
feature
called
to pay the interest charge only if the amount of money is used by 2“3n oNo-v 2020
you. u5 sCaregdeit-
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Financ
All you are required to do is download the app, ll in all the required intere
es yt,our
..
” which
details and submit the required documents. After the approval, you also
are extended a credit line, which you can utilize as per your 2m0 aNkov 2020 es
requirements. it stand
oToupt
Bank Fixe
The app has recently collaborated with various leading NBFCs in fdr o m the
India, and the company currently caters in NCR, Hyderabad, Deposits Rate:s . .in
Bangalore, Mumbai, and other major cities across India. Moreover, rIned13 s
ia
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you are required to show a minimum monthly income of Rs. 20,000
Tthope 5pers
in order to apply for a personal loan. Poenrasol nal
lLooaann Apps
Additionally, the app extends the moneytap personal loan amount ainp pInsd iian a s ..
r2a.n gLiangz y Pfaroym Rs. 3,000 to Rs. 5 lakhs. MoneyTap has been the
downloaded over 1 crore times from the Google Play Store. market.
This
LazyPay o ers personal loans up to Rs. 1 lakh and gives borrowers simply
the option of exible tenor ranging from 3 months to 2 years. implies
that you
Lazypay is also a reliable payment alternative on many leading have
websites, in particular, Zomato Swiggy, Flipkart, Amazon, etc. You
can also get the no-cost instalment alternative of LazyPay to shop
on these portals and pay later with the help of a ordable EMI options
and exible terms. TOP CITIES FOR
PERSONAL
The loan approval takes place in 3 simple steps at LazyPay. Besides
LOAN
this, if you pay o your fund obligations on time and keep utilizing PERSONAL
LazyPay, your credit limit will be maximized automatically which LOAN IN
enables you to avail a higher loan amount or shop for a higher
COIMBATORE
amount using the LazyPay credit.
One of the unique features of LazyPay is that it o ers interest-free PERSONAL
shopping through popular websites which can afterwards be paid o LOAN IN AGRA
in easy EMIs. The app prioritizes its customers undoubtedly since it
o ers an auto-debit alternative for borrower’s EMI to make sure of
PERSONAL
timely prepayment to help him/her maximize his/her credit
reliability which in turn can make him eligible for higher credit
LOAN IN
limits. UDAIHPeUlpRline Nu
mber
Post loan approval, the borrower gets immediate access to his/her PE RSONAL
credit limit which s/he can utilize for multiple objectives in +91-11-
LOAN2 3IN978046
accordance with his/her need.
3. SHIMLA
CThAe SaHppe is available on both the leading app stores across the globe
– Google Play Store and Apple Store.
One of the popular and best personal loan apps inGIonodgiale; CPAlaSyHe use s aw0h 1
o2ll0y- 411- 0P3E7R6SONATLrack
distinct way to determine the creditworthines s o f a custom er. U n lik e o t
moneylenders, CASHe has its Social loan quotienAtp (SplLQic).a tio n S LiOgANn IN In / S
ihgenr Up LUDHIANA
SLQ facilitates the moneylender to gure out the customers in further better
ways and o er them the best personal loan o ers. CASHe takes the
help of a wholly automated system that reduces manual interaction
and expedites the loan approval process.
At present, anyone who has a monthly income of Rs. 15,000 and
above can easily apply for a personal loan from CASHe app. The
loan amount CASHe o ers personal loan ranges from Rs. 9,000 to
Rs. 3,00,000. Alongside, the borrower also gets the exible
repayment tenure option.
The appealing factor of the loan app is also its fast disbursal
process. The entire process is automated, the loan amount gets
credited into the bank account within 10 minutes from sending the
application via the personal loan app.
The app is already trusted by millions. The number of downloads of
t4h.e E paerrslyonSaal lloaarny app exceeds 1 million on the google play store.
EarlySalary o ers personal loans to people who do not possess a past
credit history or are rst-time borrowers. The app uses Socialworth
Score to determine the repayment capability of a customer and
provide him/her with the best personal loan o ers. You can avail an
instant loan up to Rs. 2 lakhs which directly gets disbursed into your
bank account within 10 minutes post approval.
In order to avail loan from the app, one should have a minimum
monthly salary of Rs. 18,000 in metro cities and Rs. 15,000 in other
cities.
The loan app is quite popular among employed individuals and has
been downloaded over 5 million times.
5. MyFIRST
The loan app is available on both the leading app stores – Apple
Store and Google Play Store. Signi cantly, the app has been
downloaded over 5 million times from Google Play Store.
MyFIRST loans is the loan app by IDFC FIRST Bank. The loan app
provides personal loans with features such as loan amount ranging Helpline
from Rs. 20,000 to Rs. 40 lakhs, exible loan tenor option from 1
Number
year to 5 years, interest rate ranging from 12% to 24%, etc. In +91-11-
addition, processing charges are levied by the moneylender is 23978046
around 3%.
If you are an Indian citizen, above 23 years and reside in a
serviceable location, you can de nitely apply for the instant personal
loan from the app.
Conclusio Google Play Track
n 0120- 411- A pplication Sign0 I3n7 /6Sign UpThere are numerous personal loan apps across the Google Play
Store and Apple
Store but keeping in mind the borrower’s convenience, availability
othf et haeb olovaen l i satp opf atocrpo 5ss l obaonth a tphpes liena ding app stores and several
Iontdhiear. factors, we presented
A noz is also among the leading and constantly fastest emerging
loan apps in India. The app is going to be launched on Apple Store
too. Meanwhile, if you are lacking funds to meet any of your needs,
you may download the A noz instant personal loan app through
Google Play Store and apply now!
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