7 Instant Personal Loan Mobile Apps For 2025: If you are short on cash and need money right away to cover your shortfall, one of the best opportunities you have is to look into personal loans. People get personal loans for many reasons, such as for a wedding, a trip, an emergency, or to buy a gift for a loved one that they really want.
If you need a personal loan, you can go to a bank or an NBFC, but there are also a dozen mobile apps that let you get one right away; some even say they can give you the money in 10 minutes.
7 Instant Personal Loan Mobile Apps For 2025
| App Name | Loan Range | Key Features |
|---|---|---|
| KreditBee | ₹1,000 – ₹5 lakh | 100% online process, loan in 10 minutes via direct bank transfer |
| BajajFinserv | Up to ₹40 lakh | Instant disbursal after documentation, high loan limit |
| LoanTap | Varies | Online application, instant approval and disbursal after document verification |
| mPokket | Varies | 100% online process, KYC via PAN and Aadhaar, quick approval |
| CASHe | Varies | AI-powered technology, instant decision based on borrower profile |
| Moneyview | Up to ₹10 lakh | Loan in 10 minutes, OTP-based application process |
| ZestMoney | Varies | KYC upload, automatic repayments, payment options at offline and online stores |
Here is the complete list of all the best loan apps for you in 2025:
1. KreditBee:
It offers loans between ₹1,000 and ₹5 lakh via a 100 percent online process. The mobile application claims to give a loan in 10 minutes via direct bank transfer.
| Fact | Details |
|---|---|
| Founded | 2017 |
| Founders | IIT, IIM, and NUS alumni |
| Headquarters | Bangalore, India |
| Loan Range | ₹1,000 – ₹5 lakh |
| Loan Approval Time | Within 10 minutes |
| Loan Disbursal Time | Instant via direct bank transfer |
| Target Audience | Self-employed and salaried professionals |
| KYC Process | 100% online, minimal documentation |
| Technology | AI-powered credit evaluation |
| Partners | Multiple NBFCs licensed by RBI |
| Customer Base | 10 million customers as of March 2024 |
| Active Users | 3.5 million as of January 2023 |
| Total Loans Provided | Over ₹7 million as of January 2023 |
| Maximum Loan Amount | ₹5 lakh |
| Repayment Tenures | Flexible repayment options |
| Common Uses | Medical emergencies, festival shopping, bill payments, vacations |
| App Features | OTP-based application, E-sign, Auto-debit |
| Safety | RBI-approved, secure platform |
| Interest Rates | Competitive rates |
| Customer Support | Available via app and website |
| Mission | To provide quick and convenient personal loans |
2. Bajaj Finserv:
The bank offers personal loans up to₹40 lakh. The loan is disbursed instantly after the documentation is submitted.
| Fact | Details |
|---|---|
| Founded | May 2007 |
| Founder | Jamnalal Bajaj |
| Headquarters | Pune, Maharashtra, India |
| Industry | Financial services |
| Parent Company | Bajaj Group |
| Subsidiaries | Bajaj Finance, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Bajaj Housing Finance, Bajaj Financial Securities |
| Products | Insurance, Loans, Mutual Funds, Asset Management, Credit Cards |
| Revenue (2023) | ₹82,072 crore (US$9.8 billion) |
| Operating Income (2023) | ₹16,809 crore (US$2.0 billion) |
| Net Income (2023) | ₹12,208 crore (US$1.5 billion) |
| Total Assets (2023) | ₹4,050,509 crore (US$49 billion) |
| Total Equity (2023) | ₹4,640,707 crore (US$5.6 billion) |
| Market Capitalization | ₹261,999.1 crore |
| Stock Exchange Listings | BSE: 532978, NSE: BAJAJFINSV |
| NIFTY 50 Constituent | Yes |
| ISIN | INE918I01026 |
| Number of Employees (2022) | 105 |
| Customer Base | Over 100 million customers |
| Social Impact Programs | Health, Education, Protection, Skilling, and Inclusion for people with disabilities |
| Flagship Program | BEYOND (Enabling graduates from small towns to secure employment in the financial services industry) |
| Blockchain Technology | Used for services like travel insurance claim resolution |
3. LoanTap:
The process to secure a loan via LoanTap is quite similar to other apps. One has to apply online, get a document submitted, and get instant approval and disbursal after the documents are verified.
| Fact | Details |
|---|---|
| Company Name | LoanTap |
| Founded | 2016 |
| Headquarters | Pune, India |
| Business Model | Online lending platform |
| Target Audience | Salaried professionals and MSMEs |
| Products Offered | Personal Loans, Business Loans, MSME Loans, Electric Two-Wheeler Loans, Debt Consolidation Loans, and more |
| Special Features | EMI Free Loans, Personal Overdrafts, Flexible Repayment Options |
| Funding Status | Venture Capital-Backed |
| Total Funding Raised | Approximately $37.01 million |
| Latest Funding Round | Later Stage VC, $2.94 million on February 7, 2023 |
| Number of Employees | Approximately 201-500 |
| Regulatory Status | Operates with an in-house RBI registered NBFC |
| Key Markets | Major Indian cities, including Mumbai, Delhi NCR, Bangalore, Pune, Chennai, and others |
| Application Process | Online with instant approval and quick disbursal within 24-36 hours |
| Customer Support | Offers robust customer support with transparent processes |
| Data Security | Ensures secure and encrypted data systems |
| Prepayment Policy | Allows prepayment and foreclosure with minimal or no charges after 6 months |
| Interest Rates | Competitive rates tailored to customer profiles |
| Mobile Application | Available for both Android and iOS platforms |
| Website | https://loantap.in |
4. mPokket:
The instant loan app also claims to give approval in 10 minutes. The process to apply for a loan is 100 percent online. You need to get KYC online using PAN and Aadhaar and submit proof of education if you are a college student or proof of income if you are employed.
| Fact | Details |
|---|---|
| Company Name | mPokket |
| Industry | FinTech |
| Founded | 2016 |
| Founder | Gaurav Jalan |
| Headquarters | Kolkata, India |
| Primary Service | Instant personal loans |
| Target Audience | College students and young professionals |
| Loan Amount Range | ₹500 to ₹30,000 |
| Repayment Tenure | 1 to 3 months |
| Application Process | 100% digital via the mPokket mobile app |
| Required Documents | ID proof, address proof, and student/professional status verification |
| Loan Disbursement Time | Instantly to the borrower’s bank account or digital wallet |
| Interest Rate | Variable, based on borrower profile |
| Customer Base | Primarily Gen Z and millennials |
| Technology Used | AI and machine learning for credit scoring |
| Regulatory Compliance | Follows RBI guidelines for NBFCs |
| Mobile App Platforms | Available on Android and iOS |
| Social Media Presence | Active on platforms like Instagram, Facebook, and LinkedIn |
| Growth Milestone | Over 5 million downloads of the mPokket app |
5. CASHe:
Cashe uses AI-powered technology that shows a true picture of a borrower beyond credit score. As a result of this, the lender can make an instant decision and offer a loan at the time when they need it the most.
| Fact | Details |
|---|---|
| Founded | 2018 |
| Founders | Rohit Sen, Gaurav Jalan |
| Headquarters | Mumbai, India |
| Loan Range | ₹1,000 – ₹4,00,000 |
| Loan Approval Time | Within minutes |
| Loan Disbursal Time | Instant via direct bank transfer |
| Target Audience | Young urban professionals |
| KYC Process | 100% online, minimal documentation |
| Technology | AI-powered credit scoring |
| Partners | Multiple NBFCs licensed by RBI |
| Customer Base | Over 1 million customers as of 2023 |
| Active Users | 500,000 as of January 2023 |
| Total Loans Provided | Over ₹500 crore as of January 2023 |
| Maximum Loan Amount | ₹4,00,000 |
| Repayment Tenures | Flexible repayment options |
| Common Uses | Medical emergencies, travel, shopping, bill payments |
| App Features | OTP-based application, E-sign, Auto-debit |
| Safety | RBI approved, secure platform |
| Interest Rates | Competitive rates |
| Customer Support | Available via app and website |
| Mission | To provide quick and convenient personal loans |
6. Moneyview:
Money View also promises to offer up to ₹10 lakh in 10 minutes. In order to start applying for a loan, you need to enter your mobile number. The system sends an OTP, following which one can proceed with the loan application.
| Fact | Details |
|---|---|
| Founded | 2014 |
| Founders | Puneet Agarwal, Sanjay Aggarwal |
| Headquarters | Bangalore, India |
| Industry | Financial technology |
| Parent Company | Whizdm Innovations Pvt. Ltd |
| Products | Personal loans, Home loans, Business loans, Loan on property, Credit cards, Fixed deposits, Digital gold, Motor insurance, Credit tracker, Personal finance manager |
| Loan Range | ₹5,000 – ₹10,00,000 |
| Loan Approval Time | Within minutes |
| Loan Disbursal Time | Instant via direct bank transfer |
| Target Audience | General public, young professionals |
| KYC Process | 100% online, minimal documentation |
| Technology | AI-powered credit scoring, 256-bit data encryption |
| Partners | Multiple NBFCs licensed by RBI, including DMI Finance, IDFC First Bank, Fullerton India, Aditya Birla Finance, CLIX, Whizdm Finance |
| Customer Base | Over 65 million app downloads as of 2023 |
| Active Users | 2 million reviews on Google Play Store |
| Total Loans Provided | Over ₹1,200 crore annualized disbursal run-rate as of December 2022 |
| Maximum Loan Amount | ₹10,00,000 |
| Repayment Tenures | Flexible repayment options |
| Common Uses | Medical emergencies, travel, shopping, bill payments, home improvements |
| App Features | OTP-based application, E-sign, Auto-debit, Credit tracker, Personal finance manager |
| Safety | ISO 27001:2022 certified for Information Security Management Systems |
| Interest Rates | Competitive rates |
| Customer Support | Available via app and website |
7. Zest:
The Zest Money app offers a loan on the app where you can upload your KYC and set up automatic repayments from the bank. One can also use Zest for making payments at offline and online stores.
| Fact | Details |
|---|---|
| Founded | 2015 |
| Founders | Lizzie Chapman, Priya Sharma, Bhuvan Rustagi, Sanjay Goyal |
| Headquarters | Bangalore, India |
| Industry | Financial technology |
| Parent Company | DMI Finance |
| Products | EMI options for offline and online shopping, personal loans, MSME loans |
| Loan Range | Varies based on product and user profile |
| Loan Approval Time | Instant at the point of sale |
| Loan Disbursal Time | Instant via direct bank transfer |
| Target Audience | General public, online and offline shoppers |
| KYC Process | 100% online, minimal documentation |
| Technology | AI-powered credit scoring, 256-bit data encryption |
| Partners | Over 80,000 merchants including Amazon, Flipkart, Myntra, MakeMyTrip, Nykaa, Samsung, Apple, Vivo, Croma, Reliance Digital |
| Customer Base | 17+ million registered users as of 2023 |
| Active Users | 4.4 app rating on Google Play Store |
| Total Loans Provided | Over ₹1,500 crore annualized disbursal run-rate as of December 2022 |
| Maximum Loan Amount | Varies based on product and user profile |
| Repayment Tenures | Flexible repayment options |
| Common Uses | Shopping for fashion, travel, gadgets, home, education, etc |
| App Features | OTP-based application, E-sign, Auto-debit, Credit tracker, Personal finance manager |
| Safety | ISO 27001:2022 certified for Information Security Management Systems |
| Interest Rates | Competitive rates |
| Customer Support |
