RBI-Approved Loan Apps in India – Are you looking for the best loan apps in India? Look no further! This article provides an overview of the top 100+ RBI-approved loan apps in India. These apps offer quick and easy access to loans with minimal paperwork and competitive interest rates.
We will discuss the features of each app, the eligibility criteria, and the repayment options. With this comprehensive guide, you can make an informed decision and choose the loan app that best suits your needs.
Table of Content
- Table of Content
- The list of Most Popular RBI-Approved Loan Apps in India
- Best Credit Line Apps that Offer Loans in India
- Top 10 Best Bank RBI Approved Apps For Getting a Loan in India
- here is the list of Banking apps that provides A range of loans –
- Best NBFC Apps in India For a Variety of Loans Apply
- Now, here is the list of the Top 11 NBFC Apps to Get a Range of Loans with Low-Interest Rates –
- Best Payment Apps in India Offering Personal Loans
- Here is the list of the top 10 Payment apps for personal loans in India –
- Best Credit Unions in India for Various loans
- Here is the list of the Top 10 Credit Unions in India For Apply For loans
- The List of RBI Approved Personal Loan Apps in India
- Here is the list of RBI Approved Loan Apps in India –
- Best Small Finance Bank Apps For Personal Loan In India
- Top Payment Bank for Personal Loans in India
- Best 10 Personal Loan Finance Websites in India
- Top 10 RBI-Approved Home Loan Apps in India
- Benefits of Using RBI-Approved Loan Apps
- Here are some of the benefits of using RBI-approved loan apps:
- Conclusion
- More Guides For You
The list of Most Popular RBI-Approved Loan Apps in India
Top 100+ RBI Approved Loan Apps in India – The most popular RBI-approved loan and credit line apps in India offer a wide range of services and features. These apps provide customers with access to personal loans, business loans, home loans, auto loans, and other types of loans. The loan amounts vary from app to app but generally range from Rs. 5,000 to Rs. 15 lakhs.
| Loan Apps | Loan Amount | Description |
|---|---|---|
| PaySense | Up to Rs. 5 Lakhs | PaySense is a leading digital lending platform in India. It offers quick and easy access to credit with low-interest rates and flexible repayment options. It also provides access to other financial services such as insurance, mutual funds, and more. |
| Fibe (EarlySalary) | Up to Rs. 5 Lakhs | EarlySalary (Fibe) is a digital lending platform that offers short-term loans to salaried professionals. It offers quick and easy access to credit with flexible repayment options. |
| Home Credit India | Up to Rs. 10 Lakhs | Home Credit India is a digital lending platform that offers instant access to credit. It provides flexible repayment options and low-interest rates. |
| IndiaLends | Up to ₹20 lacs depending on the credit profile | IndiaLends is a digital lending platform that offers instant access to credit. It provides flexible repayment options and low-interest rates starting at 10.25%. |
| BankBazaar | Up to Rs. 40 Lakhs | BankBazaar is one of the popular fintech digital lending platform that offers instant access to credit. It provides flexible repayment options and low-interest rates. |
| LoanTap | loans from Rs 50,000 up to Rs 10 Lacs | LoanTap is a digital lending platform that offers instant access to loans up to 10 lacs. It provides flexible repayment options and low-interest rates up to Personal Loans starting at 10.25%. |
Best Credit Line Apps that Offer Loans in India
| Loan Apps | Loan Amount | Description |
|---|---|---|
| ZestMoney | credit limit of up to 2 lac | ZestMoney is another of the latest loan and credit apps for getting good rates of interest with few documents required. |
| LazyPay | Credit Limits with upto ₹5 lakhs Loan | LazyPay is a digital lending platform that offers instant access to credit. It provides Get instant personal loans up to ₹5 lakhs. |
| MoneyTap | Credit Limits with Up to Rs. 5 Lakhs | MoneyTap is a mobile app-based credit line that offers instant access to credit. It provides flexible repayment options and low-interest rates. |
| CASHe | Credit Line with Up to Rs. 3 Lakhs Loan | CASHe is a digital lending platform that offers instant access to credit. It provides loans up to Rs 3 Lakh flexible repayment options and low-interest rates. |
| Stashfin | Credit Line and Instant Personal Loan | Stashfin is another of the latest loan with Credit Lines and Instant Personal Loans. it could be a good rate of interest with few documents required app for you. |
Top 10 Best Bank RBI Approved Apps For Getting a Loan in India
The banking sector in India has been revolutionized by the introduction of digital banking services. the rise of digital banking has been able to offer and convenient services to them One of the most services offered by banks is the ability to apply for a loan through their mobile apps. There are a number of apps available in the market that can help you get a loan in India. In this article, we will take a look at the top 10 bank apps to help you get a loan in India.
here is the list of Banking apps that provides A range of loans –
| Bank | Description | Loan Amount |
|---|---|---|
| State Bank of India (SBI) | The bank has an app called SBI Bank Mobile Banking App which allows customers to apply for a loan, and track their loan application status. Moreover, you can select various loan products offered by the bank. | Up to Rs. 20 Lakhs |
| HDFC Bank | It allows customers to apply for a loan, track their loan application status, and manage their loan account | Up to Rs. 50 Lakhs |
| ICICI Bank | ICICI Bank is one of the leading banks in India and offers a wide range of loan products to its customers. such as Personal Loans, Business Loan | Up to Rs. 20 Lakhs |
| Axis Bank | Axis Bank Mobile Banking App allows customers to apply for Personal Loans, Business Loans, and more loans. | Up to Rs. 25 Lakhs |
| Kotak Mahindra Bank | Personal Loans, Business Loans, and various loan products are offered by the bank. | Up to Rs. 20 Lakhs |
| Yes Bank | Mobile Banking App offers amazing Personal Loans, Business Loans, and more to apply directly using the app. | Up to Rs. 40 Lakhs |
| Punjab National Bank (PNB) | PNB Banking App allows users to take Personal Loan, Business Loan | Up to Rs. 10 Lakhs |
| IDFC First Bank | best interest rates Personal Loan, Business Loan | Up to Rs. 25 Lakhs |
| Bank of Baroda | Another great app for Personal Loan, Business Loan | Up to Rs. 10 Lakhs |
| Canara Bank | Try Canara to take Personal Loans, Business Loan | Up to Rs. 10 Lakhs |
Best NBFC Apps in India For a Variety of Loans Apply
The non-banking financial companies (NBFCs) in India have been playing a major role in the country’s financial system for decades. They are important sources of credit and provide a wide range of financial services to customers. NBFCs are regulated by the Reserve Bank of India (RBI) and have been growing rapidly in recent years.
Now, here is the list of the Top 11 NBFC Apps to Get a Range of Loans with Low-Interest Rates –
| NBFC Company | Type of Loan | Loan Amount |
|---|---|---|
| Bajaj Finserv | One of the leading NBs in and provides a wide range of Personal Loan, Business Loan, Home Loan, Loan Against Property | Up to Rs. 25 Lakhs |
| Tata Capital | Personal Loan, Business Loan, Home Loan, Loan Against Property | Up to Rs. 50 Lakhs |
| Hero FinCorp | Personal, Vehicle, Corporate Loan Company | Up to 10 lakhs |
| Lendingkart | Business Loan with Flexi Loan Tenure and Minimal Docs | Up to Rs. 2 Crores |
| Fullerton India | Personal Loan, Business Loan | Up to Rs. 25 Lakhs |
| Capital First | Personal Loan, Business Loan | Up to Rs. 25 Lakhs |
| Mahindra Finance | It has a strong presence in over 1,000 cities and towns across India and it provides Business Loans, Vehicle Loans, Home Loan | Up to Rs. 10 Crores |
| Shriram City Union Finance | Personal Loan, Business Loan, Vehicle Loan | Up to Rs. 25 Lakhs |
| Muthoot Finance | Get benefits of a range of services including gold loans, housing loans, business loans, and more. | Up to Rs. 1 Crore |
| Manappuram Finance | It offers a range of services including gold loans, housing loans, business loans, and more. | Up to Rs. 1 Crore |
| Home Credit India | Consumer Durable Loan, Personal Loan | Up to Rs. 2.5 Lakhs |
Best Payment Apps in India Offering Personal Loans
The Indian market is now home to a wide range of payment apps offering personal loans. These apps have made it easier for individuals to access credit, without having to go through the lengthy process of traditional loan applications. With the rise of mobile technology, more and more people are now using these apps to get the financial assistance they need.
The top 10 payment apps in India offering personal loans are Paytm, PhonePe, Google Pay, Amazon Pay, BHIM, FreeCharge, Mobikwik, Airtel Flexi Credit, Simpl, and Oxigen Wallet.
All of these apps offer quick and easy access to personal loans, with competitive interest rates and flexible repayment options.
Here is the list of the top 10 Payment apps for personal loans in India –
| Payment App | Description | Loan Amount |
|---|---|---|
| Google Pay | Google Pay is one of the popular payment apps in India, and it offers personal loans up to Rs. 5 lakhs within a few clicks | Up to Rs. 5 Lakhs |
| PhonePe | it offers personal loans up to Rs. 1 lakhs. It has a simple application process | Up to Rs. 1 Lakh |
| Paytm | it offers personal loans up to Rs. 5 lakhs. It has a simple application process and you can get your loan approved in just a few minutes. | Up to Rs. 5 Lakhs |
| Mobikwik | It has a simple application process and allows to take personal loans upto 2 lakhs | Up to Rs. 2 Lakhs |
| Airtel Flexi | Apply for a personal loan with Airtel Flexi Credit with interest Starting from 10.49% | ₹10,000 to ₹9,00,000 |
| LazyPay | Personal Loan | Up to Rs. 1 Lakh |
| OlaMoney | Pay later | Up to Rs. 25 Lakhs |
| TVS Credit | Hassle-Free Online Personal Loan with 100% Paperless Process | Up to Rs. 5 Lakhs |
| Simpl | Personal Loan | Up to Rs. 5 Lakhs |
| Cred | Personal Loan | Up to Rs. 5 Lakhs |
Best Credit Unions in India for Various loans
Credit unions are financial cooperatives owned and controlled by their members. As a result, they are able to offer competitively priced financial products and services that are tailored to meet the needs of their members. Credit unions in India offer a range of products and services, including savings accounts, loans, and insurance. also offer a range of services such as financial, budgeting advice, and financial planning.
Here is the list of the Top 10 Credit Unions in India For Apply For loans
| Credit Union | Type of Loans Offered | Loan Amount |
|---|---|---|
| Abhyudaya Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 20 Lakhs |
| Saraswat Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 25 Lakhs |
| Gujarat State Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 25 Lakhs |
| Tamil Nadu State Apex Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 10 Lakhs |
| The Delhi State Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 2 Crores |
| The Karnataka State Co-operative Apex Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 25 Lakhs |
| The Andhra Pradesh State Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 5 Crores |
| The Maharashtra State Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 10 Crores |
| The Punjab State Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 5 Lakhs |
| The Uttar Pradesh State Co-operative Bank | Personal Loans, Home Loans, Business Loans, Education Loans | Up to Rs. 5 Lakhs |
The List of RBI Approved Personal Loan Apps in India
Personal loan digital apps are designed to provide customers with quick access to funds for their financial needs. They offer a wide range of features such as instant loan approval, flexible repayment options, and competitive interest rates. The process of applying for a loan is simple and straightforward. All you need to do is download the app, fill out the application form, and submit the required documents.
One of the primary benefits of using personal loan digital apps is the convenience they offer. With these apps, you can apply for a loan from the comfort of your own home. You don’t have to worry about going to a bank or filling out paperwork. You can apply for a loan and get approved in minutes.
Here is the list of RBI Approved Loan Apps in India –
| No. | App Name | Interest Rate | Loan Amount | Short Description |
|---|---|---|---|---|
| 1. | KreditBee | 0-29.95% | Rs. 1,000 – Rs. 2 Lakhs | Best Fastest Personal Loan & Online Credit Line App |
| 2. | Money View | 16-33.99% | Rs. 10,000 – Rs. 5 Lakhs | Loan in 2 minutes |
| 3. | Credy.IN | 1-1.5% per month | Rs. 10,000 – Rs. 1 Lakh | Personal Loans Personalized Experience |
| 4. | NIRA | 1.5-2.5% per month | Rs. 5,000 – Rs. 1 Lakh | Digital App for Loan |
| 5. | Qbera | Interest *17.00 | Rs.1 lakh up to Rs.15 lakh | Qbera Instant Personal Loan Services |
| 6. | Rupeeredee | 3% per month | Loan amount up to ₹ 25,000 | personal loans at your fingertips |
| 7. | SmartCoin | mini. the interest of 20% | from ₹1,000 to ₹70,000 | Instant Digital Loan App for individuals |
| 8. | Indiabulls Dhani | @ 13.99 | 1,000 to Rs. 15 Lakhs | RBI-Approved App |
| 9. | LoanFront | Low-Interest Rates | ₹1500 – ₹2Lakh | Quick Approval App |
| 10. | PayMe | Low-Interest rates | Up to ₹5 Lacs | India’s Payday Loans |
| 11. | mPokket | Low-Interest Rates | Up to 30,000 | Loan App for Students and Salaried |
| 12. | TrueBalance | attractive interest rate | from ₹ 1,000 to ₹ 1,00,000 | 100% paperless loan application |
| 13. | Branch | 2%-30% | ₹750 to ₹ 50,000 | Personal Cash Loan App |
| 14. | Pocketly | 1% to 3% per month | Up to 50,000 | Average App |
| 15. | Kissht | 14% – 28% per annum | from ₹ 10,000/- to ₹ 1,00,000/- | Instant Line of Credit |
| 16. | FlexiLoans | Depends on credit history | Profile View | raise funds for your business to grow |
| 17. | Navi App | @9.9% p.a | Up to 10 Lakh | Cash Loan App with Paperless Process |
Best Small Finance Bank Apps For Personal Loan In India
| Bank Name | Interest Rate Range | Loan Amount Range | Loan Tenure Range | Minimum Income Required |
|---|---|---|---|---|
| Equitas Small Finance Bank | 12.99% – 35.00% | Rs. 10,000 – Rs. 10 lakh | 12 – 84 months | Rs. 12,000 per month |
| Ujjivan Small Finance Bank | 16.50% – 28.00% | Rs. 50,000 – Rs. 15 lakh | 12 – 60 months | Rs. 10,000 per month |
| ESAF Small Finance Bank | 16.00% – 22.00% | Rs. 10,000 – Rs. 10 lakh | 12 – 60 months | Rs. 15,000 per month |
| Jana Small Finance Bank | 13.00% – 30.00% | Rs. 50,000 – Rs. 10 lakh | 12 – 60 months | Rs. 18,000 per month |
| Fincare Small Finance Bank | 13.49% – 28.00% | Rs. 50,000 – Rs. 10 lakh | 12 – 36 months | Rs. 15,000 per month |
Top Payment Bank for Personal Loans in India
| Bank Name | Interest Rate Range | Loan Amount Range | Loan Tenure Range | Minimum Income Required |
|---|---|---|---|---|
| Airtel Payments Bank | 24.00% – 30.00% | Rs. 10,000 – Rs. 25,000 | 3 – 12 months | Rs. 15,000 per month |
Best 10 Personal Loan Finance Websites in India
| Website Name | Features |
|---|---|
| BankBazaar | Offers comparisons of various personal loan offers from banks |
| Paisabazaar | Offers comparisons of various personal loan offers from banks |
| MyLoanCare | Provides personalized offers and recommendations for loans |
| LoanAdda | Offers comparisons of various personal loan offers from banks |
| MyMoneyMantra | Offers comparisons of various personal loan offers from banks |
| Finway | Offers comparisons of various personal loan offers from banks |
| RupeeRedee | Offers comparisons of various personal loan offers from banks |
| LoanCircle | Offers comparisons of various personal loan offers from banks |
| LoansJagat | Offers comparisons of various personal loan offers from banks |
| LoanTap | Offers comparisons of various personal loan offers from banks |
Top 10 RBI-Approved Home Loan Apps in India
| App Name | Bank/Financial Institution |
|---|---|
| SBI Home Loans | State Bank of India |
| HDFC Home Loans | HDFC Bank |
| ICICI Bank Home Loans | ICICI Bank |
| Axis Bank Home Loans | Axis Bank |
| LIC HFL Home Loans | LIC Housing Finance |
| PNB Housing Finance | Punjab National Bank |
| DHFL Home Loans | Dewan Housing Finance |
| Indiabulls Home Loans | Indiabulls Housing Finance |
| Tata Capital Home Loans | Tata Capital |
| Bajaj Finserv Home Loans | Bajaj Finserv |
Benefits of Using RBI-Approved Loan Apps
If you are looking for a loan, then you must have heard about RBI-approved loan apps. These apps are gaining popularity due to their convenience and safety. RBI-approved loan apps are regulated by the Reserve Bank of India (RBI) and offer a safe and secure way to borrow money.
Here are some of the benefits of using RBI-approved loan apps:
| Benefits | Information |
|---|---|
| Convenient and Easy Access | RBI-approved loan apps provide quick and easy access to loans. You can apply for a loan within minutes and get the money in your bank account within a few hours. This makes it convenient for people who need urgent funds. |
| Better Low-Interest Rates | RBI-approved loan apps offer competitive interest rates, which are lower than traditional banks. This makes it easier for borrowers to repay their loans without having to worry about high-interest rates. |
| Flexible Repayment Options | RBI-approved loan apps offer flexible repayment options. You can choose the repayment period and the amount you want to pay each month. |
| Secure Transactions | RBI-approved loan apps use secure encryption technology to protect your data and transactions. This ensures that your personal and financial information is safe and secure. |
| No Hidden Charges | RBI-approved loan apps do not charge any hidden fees or charges. This makes it easier for borrowers to understand the terms and conditions of the loan and make informed decisions. |
Conclusion
In conclusion, the top 100+ RBI-approved loan apps in India are a great way to get quick and easy access to loans. These apps provide a convenient and secure way to apply for loans and offer competitive interest rates and flexible repayment options.
With these apps, you can easily compare different loan options and choose the one that best suits your needs. So, if you’re looking for a loan, be sure to check out the top 100+ RBI-approved loan apps in India.
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