Nowadays, taking a loan is not as tough as it used to be, thanks to the digitisation and development in the financial industry. Today, if you are facing a cash crunch and need money immediately, instant loan apps are there in your aid which provides an easy and quick loan to the person in need in no time. Let’s have a look at some of those apps.
- FULLERTON INDIA
Fullerton loan app is one of the dedicated apps in India. It provides loan assistance to salaried as well as self-employed people. The loan amount ranges from 25000 to 25 lakhs and for a period of 12 months to 60 months. The Fullerton loan app disburses the amount within 48 hours, and the process is smooth and straightforward.
It is a platform that offers loan support to salaried employees. The amount ranges from 3000 to 5 lakhs, and the tenure is of 2 to 36 months. The loan gets approved within 5 minutes, and the disbursement is done within 24 hours.
Credy is one of the fastest loan providers in India. You can take up to 1 lakh amount which gets disbursed within 48 hours in your bank account. The approval takes only 1 minute, and there are no hidden charges in the process.
- EARLY SALARY
It is targeted towards young professionals who don’t have any credit history. Any salaried person having a salary of 18000 or above can apply for the loan. It gives up to 2 lakh rupees for 50 days.
It is specially designed for people who are students or are newly employed with no credit history. The students can take Rs 500 loan and that too, without any salary documentation or collateral, only the student ID is required. If a student has a job and not yet joined, he/she can show the offer letter and can avail the higher loan.
It is also one of the best personal loan apps. It grants loan to salaried professionals to have a fixed decent salary, up to Rs 2 lakhs for six months. You can also use the app to shop on websites like Amazon, Flipkart.
Lazy Pay offers instant loan on minimum documentation which starts from 10,000 to 1 lakh. It also provides a 15 days free credit facility so that you can see whether you like the service or not. You can use the app to shop or order online food and pay later quickly.
The app provides loan assistance up to Rs 5 lakhs along with money management facility. It tracks your expenses done online and tells you how much to spend. The tenure of the loan is 3 to 60 months with a flexible EMI rate.
- SMART COIN
Smart coin is a personal loan app that offers instant loans to everyone whether they are earning or not. It assists Rs 1000 to 25000 for a flexible period of 120 days. No credit history is required for you to apply on this app.
The app uses a proprietary algorithm to decide the creditworthiness of the user. You can avail a loan from Rs 9000 to 80000 if you are eligible. The process is hassle-free, and the loan gets approved within 10 minutes.
Hence, these are some of the popular personal loan apps available in India. If you want to avail personal loan then no need to go to a financial institution just install the loan app and complete the required process for getting the loan.