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Last updated on: July 22, 2025
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Read BioDiscover the best loan apps in India that have partnered with RBI Approved NBFCs, offering instant personal loans, hassle-free approvals, and flexible repayment options.
India’s digital lending boom has introduced both convenience and risks. Below is a list of trusted, RBI-compliant apps you can consider:
| App Name | Loan Amount | Interest Rate (p.a) | Tenure |
|---|---|---|---|
| Fincover (Early Access) | Up to ₹40,00,000 | From 10.49% | Up to 7 years |
| Finnable | ₹50,000 - ₹10,00,000 | 16% - 26% | 6 - 60 months |
| Bajaj Finserv | ₹25,000 - ₹50,00,000 | 10% - 32% | 6 - 96 months |
| Tata Capital | ₹40,000 - ₹35,00,000 | From 11.99% | Up to 6 years |
| Lendingkart | ₹50,000 - ₹2 Cr | 1.25% per month | Up to 36 months |
| PaySense | ₹5,000 - ₹5,00,000 | 16.8% - 27.6% | 3 - 60 months |
| Fibe | Up to ₹5,00,000 | 12% | 3 - 36 months |
| BuddyLoan | ₹10,000 - ₹15,00,000 | From 11.99% | 6 - 60 months |
| FlexiSalary | Up to ₹3,00,000 | Up to 36.5% | Up to 36 months |
| DigiMoney | ₹10,000 - ₹1,00,000 | 10% - 24% | 3 - 12 months |
| PhonePe Loan | ₹5,000 - ₹5,00,000 | 13% - 20% | Up to 60 months |
| KreditBee | ₹1,000 - ₹5,00,000 | 17% - 29.95% | 3 - 24 months |
| Dhani | ₹1,000 - ₹15,00,000 | From 13.99% | 3 - 24 months |
RBI-regulated loan apps offer a safer borrowing experience by ensuring customer data security, fair lending, and no hidden charges.
Are all listed loan apps safe?
→ Yes, all mentioned apps partner with RBI-registered NBFCs.
Where can I verify NBFC registration?
→ RBI’s official website.
Do these apps charge hidden fees?
→ No, RBI rules require clear fee structures.
Digital lending is evolving rapidly in India. By sticking with RBI-backed apps, borrowers can access secure, regulated, and affordable loan options. Always verify credentials before proceeding.
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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