Need quick cash for a medical emergency or a dream vacation? Personal loan apps in India have made borrowing easier than ever. In 2025, these apps offer instant approvals, minimal paperwork, and funds straight to your bank account. But with so many options, how do you pick the best one? This guide lists the top personal loan apps in India for 2025, highlighting their features, interest rates, and eligibility. Let’s explore the best choices for your financial needs.
Why Choose Personal Loan Apps?
Personal loan apps are a game-changer for quick funding. Unlike traditional banks, they offer a fully digital process, from application to disbursal. You can apply from your couch, upload documents, and get funds in hours. Most apps are backed by RBI-registered NBFCs, ensuring safety and transparency. Whether you’re salaried, self-employed, or a student, these apps cater to diverse needs with flexible loan amounts and tenures.
Key Factors to Consider
Choosing the right loan app can save you money and stress. Look for RBI approval to avoid scams—check the lender’s registration on the RBI website. Compare interest rates, as they vary from 10% to 36% annually. Check loan amounts and repayment terms to match your needs. User reviews and app ratings on Google Play or App Store reveal reliability. Finally, ensure the app uses encryption for data security.
Bajaj Finserv
Bajaj Finserv is a trusted name in India’s financial space. Its app offers personal loans up to ₹40 lakh with interest rates starting at 11% p.a. The process is 100% digital, with approvals in under 30 minutes. Flexible tenures range from 6 to 96 months. Salaried and self-employed individuals with a minimum income of ₹25,000 can apply. Bajaj’s user-friendly interface and quick disbursal make it a top choice.
PaySense
PaySense, now part of PayU, is perfect for salaried and self-employed borrowers. It offers loans from ₹5,000 to ₹5 lakh with interest rates between 16% and 36% p.a. The app requires minimal documentation, like PAN and Aadhaar, and disburses funds within hours. Its unique credit model allows even those with lower CIBIL scores to qualify. Flexible tenures up to 60 months make repayment manageable.
Moneyview
Moneyview stands out for its hassle-free process and low credit score eligibility. It offers loans from ₹5,000 to ₹10 lakh with interest rates starting at 10% p.a. The app’s proprietary credit model evaluates borrowers beyond CIBIL scores, making it accessible. Funds are disbursed within 24 hours, and tenures range from 6 to 60 months. Moneyview’s high Play Store rating reflects its reliability and user satisfaction.
KreditBee
KreditBee is ideal for young professionals and students needing quick funds. It offers loans from ₹6,000 to ₹10 lakh with interest rates between 12% and 28.5% p.a. The app provides flexi loans for smaller needs and larger loans for salaried or self-employed individuals. Approvals take just 10 minutes, with tenures up to 60 months. A minimum income of ₹10,000 monthly is required.
CASHe
CASHe, powered by Bhanix Finance, focuses on salaried professionals. It offers loans from ₹50,000 to ₹4 lakh with interest rates starting at 2.5% per month. The app uses a Social Loan Quotient (SLQ) to assess eligibility, making it easier for those with no credit history. Funds are disbursed in minutes, with tenures from 3 to 18 months. CASHe’s WhatsApp loan feature is a unique perk.
Tata Capital
Tata Capital’s app is a go-to for instant personal loans. It offers loans up to ₹35 lakh with interest rates starting at 10.99% p.a. The process is fully digital, requiring only KYC documents. Approvals are swift, and tenures extend up to 7 years. Salaried and self-employed individuals aged 21-60 with a minimum income of ₹15,000 can apply. Its reputation adds trust to the borrowing experience.
Jupiter
Jupiter is a rising star for those with low or no CIBIL scores. It offers loans up to ₹5 lakh with interest rates from 12% to 18% p.a. The app’s digital process ensures quick approvals and disbursals. Salaried individuals with a minimum income of ₹20,000 can apply. Jupiter’s intuitive design and flexible tenures (up to 60 months) make it a great option for young borrowers.
Kissht
Kissht is known for its speedy approvals and transparent terms. It offers loans up to ₹5 lakh with interest rates from 14% to 33% p.a. The app requires minimal documentation, like PAN and Aadhaar, and disburses funds in minutes. Flexible tenures range from 3 to 24 months. Kissht’s expense tracker feature helps you manage finances, making it a practical choice for emergencies.
Hero FinCorp
Hero FinCorp offers loans from ₹50,000 to ₹5 lakh with interest rates starting at 11% p.a. Its 100% digital process ensures quick approvals without collateral. Salaried and self-employed individuals with a minimum income of ₹15,000 can apply. Tenures range from 6 to 36 months. The app’s EMI calculator helps plan repayments, and its high user ratings make it a reliable pick.
MyEazyLoan
MyEazyLoan is gaining popularity for its wide loan range, from ₹1,000 to ₹75 lakh. Interest rates start at 9.99% p.a., with tenures from 1 month to 8 years. The app’s fully online process requires no physical documents, and approvals are lightning-fast. It’s ideal for salaried individuals and those needing large loans. MyEazyLoan’s transparency and low rates make it a strong contender.
Tips to Choose the Right App
With so many apps, picking the best one takes research. Always verify RBI registration to ensure legitimacy. Compare interest rates and processing fees—lower is better, but watch for hidden charges. Check user reviews for real-world insights. Ensure the app’s loan amount and tenure fit your needs. Finally, prioritize apps with strong customer support for quick query resolution. These steps help you borrow smartly.
Conclusion
In 2025, personal loan apps like Bajaj Finserv, PaySense, and Moneyview make borrowing fast and convenient. They offer flexible loans, quick approvals, and minimal paperwork, catering to salaried, self-employed, and even low-CIBIL borrowers. By choosing RBI-approved apps and comparing rates, you can secure affordable funds for any need. Download one today and take control of your finances. Which app are you trying? Share in the comments!
Frequently Asked Questions (FAQ)
What is the best personal loan app in India for 2025?
Top apps include Bajaj Finserv, Moneyview, and PaySense, depending on your needs and eligibility.
Are personal loan apps safe?
Yes, if they’re RBI-approved. Check the lender’s registration on the RBI website for safety.
What’s the minimum income for a loan app?
Most apps require ₹10,000-₹25,000 monthly income, varying by lender.
How fast can I get funds from these apps?
Many apps disburse funds within minutes to 24 hours after approval.
Can I apply for multiple loan apps?
Yes, but avoid multiple applications at once to protect your CIBIL score.