Top 4 Best Instant Loan Apps in India for Quick Cash in Your Bank Account


The four best instant loan apps in India are here to get a quick loan to your bank account. Using these apps, you can apply for a loan easily to get your urgent cash, to buy anything, to repay debts, to use in your business or any other purposes. To apply such a loan, you don’t need to go to a bank or a lending farm/company. You don’t even need to submit your documents by visiting to anywhere. Everything is to be done online.

If you have an Android smartphone, you can apply for an instant loan immediately from the comfort of home. A smartphone with camera is recommended for this process. Read the following lines carefully to learn how to do it easily.

Pre-requisites to Apply an Instant Loan
Apart from having a camera phone with internet connection, most lenders in India require some essential documents from you. Ensure that you keep the following documents in hand before you try to apply any instant personal loan:
•    Proof of Identity: Aadhaar, PAN, Passport or any other document.
•    Proof of Address: Aadhaar, PAN, driving license or any other document.
•    Bank Account: Bank name, account number, IFSC and branch location.
•    Income Proof: Salary certificate or any proof showing your income.

NOTE:
Now to apply for a loan, you need to download a mobile app to your phone. Make sure you view this page from your phone (if not done so already). To do so, open ‘Chrome’ browser on your mobile phone. Then, search using this phrase ‘instant loan apps buywin’ in Google. Check the results to find a related result from this site www.buywin.in. Once you find it, tap on the result. You’ll see this page again. You are ready to download an instant loan app from here.


4 Best Instant Loan Apps
Below are 4 of the best Android apps to download. Take your time to read important loan details and tap on the download link of your choice.

KreditBee
1. KreditBee
This loan service is provided by Krazy Bee Service Pvt Limited.
•    Loan Amount: Rs. 3,000 to 2,00,000
•    Interest Rate: 0.02% to 0.1% per day
•    Tenure: Up to one year
•    Processing Fee: Rs. 130 to 1,000 based on loan amount
•    Loan Disbursement: As soon as possible
•    Repayment Options: Online payment from the app/UPI payment/auto deduct from bank
•    Late Fee: 0.2% daily on the due amount
•    Area Covered: Available from the app


MoneyTap
2. MoneyTap
This loan service is provided by Bhanix Pvt. Limited.
•    Loan Amount: Rs. 3,000 to 5,00,000
•    Interest Rate: 0.04% to 0.11% per day
•    Tenure: Up to 3 months
•    Processing Fee: 2% + Service Tax
•    Loan Disbursement: As soon as possible
•    Repayment Options: Bill payment platform on partnered bank
•    Late Fee: 0.04% to 0.05% daily on the due amount
•    Area Covered: Available from the app


CashE
3. CashE
This loan service is provided by CashE.
•    Loan Amount: Rs. 5,000 to 50,000
•    Interest Rate: 0.05% to 0.11% per day
•    Tenure: Up to 30 days
•    Processing Fee: 2% to 3% based on loan amount
•    Loan Disbursement: As soon as possible
•    Repayment Options: NEFT
•    Late Fee: N/A
•    Area Covered: More than 250 cities


PaySense
4. PaySense
This loan service is provided by PaySense.
•    Loan Amount: Rs. 5,000 to 2,00,000
•    Interest Rate: 0.05% to 0.12% per day
•    Tenure: Up to 6 months
•    Processing Fee: 2% + Service Tax
•    Loan Disbursement: As soon as possible
•    Repayment Options: Online payment from the app/UPI payment/auto deduct from bank (NACH)
•    Late Fee: Min Rs. 500
•    Area Covered: Available from the app

Click/tap on any of the download links above after reading their information. Download and install on your phone. Then, enter your details as instructed and apply for a personal loan for you. Wait some time for disbursement to your bank account.

However, your loan application via the app may not get an approval due to your data submitted online. Because, your place of residence is not covered by them and/or your documents submitted through the app are not fulfilled their minimum requirements to offer a loan for you.

In such cases, don’t get disappointed. You can try other loan apps. Visit this page again after some time. We will update here with best new apps available.


The following are some other useful apps offering you financial assistance and money-making opportunities. They are useful in many purposes. Try them.


LazyPay
LazyPay
You can also apply for an instant loan through this app. If they approve your application and data, they will grant the loan sanction to you. Even if you fails to get a loan, don’t delete this app. Keep it for many other useful purposes. They’ll give you a small credit amount to use at many partnered apps or websites. They’ll give you bigger credit if you repay the due amount regularly. For example, you can recharge your mobile on one of their partnered apps like Komparify and select LazyPay as payment option. Like that, you can order foods, book travel tickets and buy items/services on their partnered apps or websites using LazyPay credit. Pay back the amount spent during the given timeline regularly and get higher credit for you to use in future.


paytm
Paytm
Paytm is one of the most popular brands in India. They offer services like mobile recharges, bill payments, money transfer, travel bookings, banking, investments and many more. They are also one of the largest shopping sites in India. Use Paytm app and do transactions or purchases as required by you time to time. They offer many, many cashbacks. That’s extra earnings for you. Based on your uses and transactions, they give you a credit known as Paytm Postpaid. To find it, tap on the top left menu from the home page of Paytm app, then  Payment Settings>Paytm Postpaid. Apply or check Paytm Postpaid balance from there. This is a special loan credit you can use in any order or purchase. Pay the amount used next month, you’ll get back the credit again. They charge you no interest if you repay the due amount timely. Pay the due amount regularly and get higher credit for you to use in any future transaction.



True Balance
It is one of the most trusted recharge apps you can use. It gives cashbacks each and every time you do a recharge or a bill payment. Recently, True Balance adds a new feature called ‘Pay Later’. Using this loan feature, you can borrow money from them for any of your recharges and bill payments and repay the due amount after two weeks. This app is very useful to earn extra cash by doing a recharge service in your area.  Users will get higher recharge credit if they repay regularly.


Please tell us how you feel after reading this article and leave us your valuable comment in the comment section below. Also let us know if you find any other better loan apps. Visit other pages of this site. You’ll find many other ways you can do and make money. For example, visit this link ‘How to Monetise YouTube Videos’ to earn a passive income by uploading your videos to YouTube.

If you are interested in this page, please share this page to social media platforms and to your loved ones, and let them know the loan opportunities they can look up. 

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