Top 10 Best Personal Loan Apps
in India

Here is a more detailed description of the top 10 personal loan apps in India,

1. EarlySalary

EarlySalary is a digital lending platform that offers personal loans ranging from ₹5,000 to ₹2 lakh with an interest rate of 10.99% to 29.99%. It is known for its quick and easy application process, flexible loan terms, and transparent pricing.

Key Features:

• Quick and easy application process
• Flexible loan terms
• Transparent pricing
• No prepayment charges

Note: EarlySalary has a minimum salary requirement of ₹15,000 and requires KYC documents for verification.

2. PaySense

PaySense is another popular personal loan app in India, offering loans ranging from ₹5,000 to ₹5 lakh with an interest rate of 14.99% to 35.99%. It is known for its transparent pricing, customer satisfaction, and innovative credit scoring algorithm.

Key Features:

• Transparent pricing
• Customer satisfaction
• Innovative credit scoring algorithm
• Flexible repayment options

Note: PaySense has a minimum salary requirement of ₹10,000 and requires KYC documents for verification.

3. KreditBee

KreditBee is a digital lending platform that offers personal loans ranging from ₹1,000 to ₹2 lakh with an interest rate of 14.99% to 36%. It is known for its focus on providing loans to underserved customers, its innovative credit scoring algorithm, and its quick approval process.

Key Features:

• Focus on providing loans to underserved customers
• Innovative credit scoring algorithm
• Quick approval process
• Easy-to-use app

Note: KreditBee has a minimum salary requirement of ₹7,500 and requires KYC documents for verification.

4. Dhani Loans

Dhani Loans is a digital lending platform that offers personal loans ranging from ₹5,000 to ₹15 lakh with an interest rate of 13.99% to 34.99%. It is known for its wide range of loan options, competitive interest rates, and quick approval process.

Key Features:

• Wide range of loan options
• Competitive interest rates
• Quick approval process
• Transparent pricing

Note: Dhani Loans has a minimum salary requirement of ₹10,000 and requires KYC documents for verification.

5. MoneyTap

MoneyTap is a personal loan app that offers loans ranging from ₹3,000 to ₹5 lakh with an interest rate of 11.99% to 29.99%. It is known for its flexible repayment options, focus on providing loans to young professionals, and easy-to-use app.

Key Features:

• Flexible repayment options
• Focus on providing loans to young professionals
• Easy-to-use app
• Transparent pricing

Note: MoneyTap has a minimum salary requirement of ₹25,000 and requires KYC documents for verification.

6. slice

slice is a personal loan app that offers loans ranging from ₹5,000 to ₹2 lakh with an interest rate of 16% to 36%. It is known for its easy-to-use app, focus on providing loans to millennials, and wide range of loan options.

Key Features:

• Easy-to-use app
• Focus on providing loans to millennials
• Wide range of loan options
• Quick approval process

Note: slice has a minimum salary requirement of ₹10,000 and requires KYC documents for verification.

7. Lendingkart

Lendingkart is a digital lending platform that offers personal loans ranging from ₹10,000 to ₹10 lakh with an interest rate of 14.99% to 35.99%. It is known for its robust credit assessment process, focus on providing loans to small businesses, and wide range of loan options.

Key Features:

• Robust credit assessment process
• Focus on providing loans to small businesses
• Wide range of loan options
• Transparent pricing

Note: Lendingkart has a minimum business turnover of ₹10 lakh and requires KYC documents and business documents for verification.

8. Capital Float

Capital Float is a digital lending platform that offers personal loans ranging from ₹50,000 to ₹2 crore with an interest rate of 14.99% to 35.99%. It is known for its long-term loan options, focus on providing loans to large businesses, and robust credit assessment process.

Key Features:

• Long-term loan options
• Focus on providing loans to large businesses
• Robust credit assessment process
• Transparent pricing

Note: Capital Float has a minimum business turnover of ₹20 lakh and requires KYC documents and business documents for verification.

9. ZestMoney:

Interest Rate: 14% to 36% per annum

Loan Amount: ₹10,000 to ₹3 lakh

Key Features:

• Simplistic application process
• Focus on millennials and Gen Z borrowers
• Fast approval and disbursement
• Flexible repayment options

Note: Zest Money Personal Loan has a minimum salary requirement of ₹10,000 and requires KYC documents for verification.

10. Fullerton India

Fullerton India is a non-banking financial company (NBFC) like Zerodha, that offers personal ranging from ₹10,000 to ₹5 lakh with an interest rate of 14.99% to 25.99%. It is known for its wide range of loan options, customer-centric approach, and robust credit assessment process.

Key Features:

• Wide range of loan options
• Customer-centric approach
• Robust credit assessment process
• Quick approval process

Note: Fullerton India has a minimum salary requirement of ₹12,000 and requires KYC documents for verification.

In addition to the features mentioned above, all of the personal loan apps listed here have a mobile app that makes it easy to apply for and manage your loan. They also offer a variety of repayment options to suit your needs.