Instant Loan Apps – Eligibility, Interest Rates & Benefits

Instant Loan Apps

To secure the instant loan in India there are many instant loan apps. You can choose any of them to apply for instant loans. Loans which are provided instantly without following lengthy procedures and many paper works are
said to be as instant loans. As you can take a loan instantly right from the place you are, you need to download the instant loan apps.

Follow the content to known the more details about the Instant Loan apps-

Here are the top apps which you can apply for the instant loans-
1. Lazy Pay
2. mPokket
3. Early Salary
4. CASHe
5. PaySense
6. Money View
7. KreditBee
8. Money Tap
9. Credy

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LazyPay provides you the loan amount starting from Rs.10000/- to Rs.1,00,000/- instantly. With minimum
documentation and fewer procedures only you can get the loan amount. This LazyPay app can also be used for shopping websites like Zomato, swiggy, Flipkart, and Amazon.

Characteristics of the LazyPay app-

  • You can check the eligibility details directly on the app to apply for the loan.
  • Three simple steps need to be followed.
  • Auto-Debit option can choose to deduct the EMI on time.
  • The amount will be transferred to your bank account.
  • While shopping you can utilize the 15 days free credit benefit in the LazyPay when you take a
  • You can utilize this without any documentation.
  • With the repayment of your loan on time, you can get the higher credit limits.


New employed persons/ college students can utilize this app to avail small loans which start from Rs.500/-
without any necessary documentation procedures. To the recently graduated individuals can also avail loans
from the mPokket.

Benefits of the app-

  • Using the student ID card, they can apply for a loan from the app.
  • It makes it easier for the students to take a loan with a complete online procedure.
  • To avail of a loan from the mPokket by the students, there is a minimal documentation requirement.
  • Within 24 hours of application, the approval of the loan will be given.
  • The funds will be transferred to the bank account of the students. It can also be credited in your Paytm
    Waller. Depends on the choice of the students.
  • If you maintain good credit behavior, higher credit limits will be offered.
  • The repayment of the loan is also easy by using this app.


The candidates who are having no credit history can also apply for the loan by this app. Individuals who are
earning monthly Rs.18000/- or more than that can apply a loan for the amount of Rs.2 lakhs. The creditworthiness of the applicant will be decided based on their salary only.

Basically it is called the SW Social Worth score. In emergency situations, this helps in the quick disbursal of
the loan. Right after the documentation you can get your loan amount within ten minutes in your account.

App benefits-
 You can get the salary in advance up to 2 lakhs by paying the 9 rupees per day.
 By using this app you can get your loan amount within 10 minutes of documentation procedures.


To determine the credit profile of the individual this app uses the proprietary algorithm. Comparing to the banks
and lender’s procedures, CASHe uses a different method of providing the loan. To determine the worthiness of the
individual it uses multiple unique data. This is called as the SQL Social Loan Quotient.

App Benefits

  • By using the mobile of the applicant only they can apply for the loans using very easy and simple steps.
  • You have to provide only a few necessary documents.
  • The amount to apply for the loan from this app starts from 9000/- to 80,000/-.
  • The tenure of the amount will be 62 days.
  • We can say as for the amount of 1 lakh you have to pay 19000 for the tenure of 90 days and Rs.25,000
    for the amount of 2 lakhs for the tenure period of 180 days.
  • Interest rates are affordable.
  • The repayment method is flexible
  • Loan approval is fast.
  • The availing loan is dependent on a complete digital procedure.


Both for the salaried and self-employed person’s paySense offer the loans. The loan amount starts from
Rs.5000 to Rs.5 lakhs. No need for any interest rates and collateral to avail loans forms the Pay Sense. Auto Debit
option has to be chosen to deduct the amount as EMI.

Benefits of the App-

  • It takes only two minutes of time for the application procedure.
  •  It has a complete online procedure.
  • The tenure can be chosen for three months.
  • EMI from your bank will be deducted automatically.

Money View-

By tracking the individual’s expenses the app will provide you the loan up to Rs.5 lakhs. To know the budget of
yours, the app will read your bask messages automatically to know your track your budget, and expenses. You can avail of a loan from this app with a flexible interest rate of 1.33% to 2.5%.


The individuals who are having a stable monthly salary and the one who needs quick cash without any collateral are
targeted by this app. You can get up to Rs.2 lakhs of loan. From this app. The amount will be directly deducted to
the individual’s bank account. KreditBee will provide you three types of loans as follows-
1. Online purchase loan

2. Flexi personal loan
3. Personal loans for salaried people.