1. MoneyTap

Instant Personal Loan - MoneyTap (To be announced, Google Play) →

This Bengaluru Based Startup aims to give you the instant loan with it’s unique No usage No interest Feature which means you need to pay only for the money you used, not the money you lend. Let’s say you have applied loan of 1 lakh But you withdrawn or used only 80.000 then you just need to pay the interest of 80,000 Rupees. The rest 20 will be there to withdrawn any time at no interest.

Requirements:

• Minimum Age: Above 23 years and below 55 years.
• In-hand salary of ₹ 20,000/month.
• Salaried:2 years Experience
• Self-Employed: 3 Years

Location

Ahmedabad Anand Bengaluru Bharuch Bhopal Chandigarh Chennai Coimbatore Faridabad Ghaziabad Gandhinagar Medak Mehsana Mohali Mumbai Mysore Nagpur Nashik Navi Mumbai Nellore Goa Guntur Gurgaon Hyderabad Indore Jaipur Jodhpur Kolkata Kota

Documents Required:

• Aadhaar Card (preferred, not mandatory) or at least Aadhaar Number
• Pan Card (mandatory)
• Your Company Name, Company email address
• Net Banking login information for your salary account

Loan Details:

• Loan Amount Range:₹ 3,000 – ₹ 15 Lakh
• Loan Type: Personel
• Starting interest rate:1.08-2.03%(monthly)
• Loan Tenure:2 months to 36 months

2. PaySense

Instant Personal Loan App - PaySense (Free, Google Play) →

Paysense is another app where you can easily get your personal loan instantly. You can get the loan from ₹ 5,000 – ₹ 2 Lakh. It is really simple to get the loan just visit Website or Download the App, Submit your KYC and apply for your loan. Within 5 hours you will receive your loan if you are eligible.

Requirements:

• Resident of India

• Age: 21 years to 60 years

• Employment Type: Salaried and Self-employed

• Minimum Monthly Income: Rs. 12,000 for salaried and Rs. 15,000 for self-employed

Location: See Availability below

• Proof of Identity: PAN Card or Aadhaar Card

• Proof of Address: Aadhaar card, Rental agreement, Utility or Postpaid bills

• Proof of Income: Last 3 months Bank Statements

• A Selfie

Loan Details

• Loan Amount Range:₹ 5,000 – ₹ 2 Lakh
• Loan Type: Instant Loan
• Starting interest rate:1.4-2.33%(monthly)
• Loan Tenure:3 months to 2 years

Apply Here: Paysense

3. IndiaBulls Dhani

Indiabulls Dhani: Instant Personal Loan App Online (Free, Google Play) →

Phone Se Loan-The Dhani App is the instant money app which provides personal loan up to 15 Lakhs. Dhani is owned by Financial services company- Indiabulls.By Making MS Dhoni As a brand Amasseddor Dhani got a lot of popularity.

Requirements

• Resident of India

• Age: Min 21 years

• Employment Type: Salaried and Self-employed

• PAN Card
• Address Proof
• Bank account internet banking credentials

Loan Details

• Loan Amount Range:₹ 1,000 – ₹ 15 Lakh
• Loan Type: Instant Loan
• Starting interest Rate:12% Onwards(P.a)
• Loan Tenure: 3 months to 2 years

Apply Here: Indiabulls

4. IndiaLends

Loan - Personal Loan App, Credit Cards and Score (To be announced, Google Play) →

Indialends is the one-stop place to get loans from 40+ different lenders with Maximum 50 Lakh Loan limit. You just need to fill the form, then you can select your suitable Bank/NBFC and Apply For the loan. It is the little bit lengthy process but you are getting loan up to 50 Lakhs. For Indialends personnel loan, your credit score must be 750+.

Eligibility:

• Minimum Age: 18/21 years – 60/65 years.
• Credit score: 750 or above with a good credit history
• MonthlyNet Income: ₹15,000(non-metro cities)and ₹20,000( metro cities)

Salaried

• Employed at the current company for at least 6/12 months

Self-Employed

• • Business tenure of at least 3 years (continuous)
  • ITR of the last 3 years

1. Identity & Age Proof
2.  Completely filled personal loan application with photograph
3.  PAN Card
4.  Residence proof – Passport driving license, Voter ID, postpaid/landline bill, utility bills (electricity/water/gas)
5. Bank statements for the last 3 months(preferably your salary account)
6. Salary Slips of last 3 months

Additional Documents for Salaried Individuals

• Form 16 or Income Tax Returns of the last 3 years

Additional Documents for Self-Employed Individuals

• Last 3 years Income Tax Returns with the computation of Income
• Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Loan Details

• Loan Amount Range: ₹15000 – ₹50 lakhs
• Loan Type: Instant Loan
• Starting interest Rate:10.75% – 35%
• Loan Tenure:12 months to 60 months

Apply Here: Indialends

5. KreditBee

Instant Personal Loan App Online Loan - KreditBee (To be announced, Google Play) →

Kreditbee is yet another platform to get an instant loan. This is 100% online and you will get the loan within 15 Min after approval. There are different types of loans but they are categorized into Micro Loan and Advance Salary.

Initially, you need to log in through your Facebook account then check your eligibility by providing  Aadhaar Number & PAN along with your basic details like Date of Birth, Monthly Salary and PIN Code.

Eligibility:

1. Indian resident
2. Above the age of 21 years
3. Should have monthly source of income

Documents

1. Address Proof.-Aadhaar Card, Voter ID, Driving License and Passport
2. Identity-PAN Card
3. Mobile Linked Adhaar
4. Salary Slips
5. Company name
6. Office ID card
7. Workplace e-mail ID

Loan Details

• Loan Amount Range: ₹ 1,000 – ₹ 1 Lakh
• Loan Type: Instant Loan
• Starting interest Rate:1.48%-2.96%(Monthly)
• Loan Tenure:15 days to 3 months

6. NIRA

Loan App for Instant Personal Cash Loan (To be announced, Google Play) →

Nira is another fintech company which offers various loans incuding Instant laon up to 1 lakh.You can repay the loan amount in 3-12 with interest rate of 1.5%-2.5% per month.In order to get the loan you must be working for last 6 months and have salary above 15,000.

Nira provides loan for only working people either you need to be a Salaried person or Self Employed. It is one of the best options to take a personal loan if you have a Minumum salary of ₹20,000 and wanted a loan with low-interest rates.

Eligibility:

• Indian Citizen
• Minimum Age: 21-65 years.
• Aadhaar Card linked with your Mobile Number
• Salary above ₹ 20,000
• College degree
• Should be working For 6 Months

Documents:

1. Address Proof.-Aadhaar Card, Voter ID, Driving License and Passport
2. Identity-PAN Card
3. Mobile Linked Adahar
4. 3 Months Salary Slips
5. Company name
6. Office ID card

Cities

1. Bangalore
2. Hyderabad
3. Delhi
4. Noida
5. Gurgaon
6. Mumbai
7. Chennai
8. Pune
9. Kolkata
10. Indore.

Loan Details

• Loan Amount Range: ₹ 10,000 to ₹ 1 Lakh.
• Loan Type: Personnel loan
• Processing fee: Rs. 500(first loan)
• Starting interest Rate:1.5% to 2.5%(Monthly)
• Loan Tenure:15 days to 6 months

7. CASHe

CASHe – Instant Personal Loans (To be announced, Google Play) →

Cashe is also like nira it provides loans for only salaried people.But here you can get more features like loan amount from 9,000 – Rs 3,00,000, A choice of repayment options ranging from 62, 90, 180, 270 days and 1 Year.

Eligibility:

• Indian Citizen
• Minimum Age: 21-65 years.
• Aadhaar Card linked with your Mobile Number
• Salary above ₹ 15,000
• College degree/company ID
• Should be working For 6 Months

Documents:

• A Self Signed PAN Card, Aadhar Card
• Latest Salary Slip
• Updated Salary Bank Account Statement
• Any Address Proof (Current and Permanent)
• A selfie and a company id

Loan Details

• Loan Amount Range: 9,000 – Rs 3,00,000.
• Loan Type: Personnel loan
• Processing fee: Rs. 500(first loan)
• Starting interest Rate:1.5% to 2.5%(Monthly)
• Loan Tenure:2 months to 12 Months

8. Capital First Limited

IDFC FIRST Loans (Free, Google Play) →

For Self Employed Individuals:

• 1. The business must have been in existence for a minimum period of 3 years
• 2. The company’s profit after tax (PAT) for the last two years should be positive
• 3. Minimum Age: 28 years; Maximum Age: 68 years, at the time of loan maturity

For Salaried Individuals:

• Minimum Age: 23 years; Maximum Age: 58 years, at the time of loan maturity

9. Credy Technologies

Credy - Fast Online Instant Personal Loan App (To be announced, Google Play) →

Credy is another great optionj to get the instant loan.If you are salarie person then you can apply but yiu nee to be from the bnelow cuity to be eligible for the loan upto 1 lakh.

Eligibility:

• A salaried employee with a monthly salary of at least Rs 15,000
• Having a valid Aadhaar number
• Applying from Bangalore, Chennai, Pune, Mumbai and Hyderabad.

Documents:

1. You need to provide the last 6-month statement of your salary account.
2. Payslips, rent agreement and closure certificate of previous loans may be asked by credit officer on a case-by-case basis.

Loan Details

• Loan Amount Range: up to ₹ 1 Lakh.
• Loan Type: Personnel loan
• Processing fee: 3% of Loan Amount (Minimum Rs 500)
• Starting interest Rate:1-1.5%(Monthly)
• Loan Tenure:3 months to 12 Months
• GST @ 18% applicable additionally on all fees

Steps To Apply for Loan

1. Loan Application
2. Review By Credy
3. Verification
4. Sent To Lender
5. Disbursed

10. Money View

Money View Money Manager and Instant Personal Loan (To be announced, Google Play) →

Money View is the best Instant loan app if you want money upto 5 lakh.With 5 years flexible repayments it is become the best Loan apps of our loan apps from pour list.Moneyview is available in over 1000 Indian cities.

Eligibility:

• Be salaried or self-employed
• The monthly in-hand income of ₹13,500* or more
• Income should be received in a bank
• Min Cibil score of 650 or Experian score of 750
• Should be aged between 21 years and 57 years

Documents:

1. Identity Proof – Aadhaar/PAN Card
2. Current Address Proof – If Aadhaar Card doesn’t feature your current address
3. Bank Statement (Salary A/C) – Last 3 months’ statement with salary credits
4. Income Tax Return Verification Form for the last 2 years if you’re self-employed

Requirements

For salaried customers

1. Minimum monthly income required Rs. 20,000 if
   a) The applicant is new to credit or hasn’t taken a loan before
   or
   b) Applicant’s location is Mumbai/Thane or NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad etc)
2. Minimum monthly income is 15,000 if Bureau score (CIBIL) is > 675 and customer is located in a metro city (other than Mumbai/NCR)
3. Minimum Monthly income required Rs. 25,000 if Credit score (CIBIL) is between 300 and 675
4. Minimum monthly income is 13,500 for everyone else

For self-employed Customers

• Minimum income requirement Rs. 25,000

Loan Details

• Loan Amount Range: ₹10,000 and ₹5,00,000
• Loan Type: Personnel loan
• Processing fee: They only charge a one-time processing fee that’s dynamically calculated. For instance, if you’ve borrowed Rs.50,000 as a loan, the application processing fee will be deducted from the loan amount while the remaining funds will be transferred to your account.
• Starting interest Rate:16% p.a
• Loan Tenure: Up to 5 year

11. Early Salary

Instant Loan App Online - EarlySalary (Free, Google Play) →

Want early salary? Get from the Early Salary app.

Eligibility:

Indian citizen
Salaried Individuals
Above the age of 18
Minimum take home salary per month
– ₹ 18k – Bangalore, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai, Pune
& Secunderabad
– ₹ 15k – Other cities

Cities

Pune, Chennai, Hyderabad, Mumbai, Delhi NCR, Jaipur, Ahmedabad, Visakhapatnam(Vizag), Banglore, Mysore, Coimbatore, Vijayawada, Mangalore and Chandigarh.

Documents:

1. Selfie
2. PAN card
3. Address ID proof
4. Aadhar card
5. Bank statement

Loan Details

• Loan Type: Personnel loan
• Loan Amount Range: You can borrow from Rs. 8,000/- to Rs. 100,000/- in multiples of Rs. 1,000
• Processing fee: 3% of Loan Amount (Minimum Rs 500)
• Starting interest Rate:2-2.5%
• Loan Tenure: 7 to 43 days.
• GST @ 18% applicable additionally on all fees

For all the charhes like processing fee an late fee click here

12. SmartCoin

Personal Loan App Get Instant Money & Quick Loans (To be announced, Google Play) →

• Loan Amount Range: ₹ 1000 to 25,000

• APR from 30% p.a. to 36% p.a.

• Loan Tenure:3 to 4 Months

Documents:

1. PAN Card
2. Address Proof Adhaar card, Voter ID, Passport or Driving License
3. A statement of bank describing the last three months salary or income.
4. Cancelled cheque
5. Selfie

Eligibility:

• Any working professional or salaried person is eligible for a personal loan in SmartCoin.
• Even if you are self-employed, you can join it.
• The individual should be above 21 years of age.
• The applicant must be a citizen of India.
• The minimum monthly income should be Rs. 20,000.

13. Home Credit

Home Credit India - Instant Personal Loan App (To be announced, Google Play) →

Eligibility

should be an Indian citizen with a minimum of 19 years of age;
— should have a valid e-mail address and a mobile number;
— should have a functional webcam with an Internet connection;
— should have valid residential address proof and a PAN card;
— Personal Bank account with access to Net Banking;
— Be a salaried professional/have a business income or should be drawing a pension.

Documents

Proof Of Address

A copy of any of the documents mentioned below:

• Voter ID
• Gas bill
• Mobile bill
• Bank Passbook
• Bank statement
• Electricity bill (Not older than two months from the application)
• Passport (Expiry should not be within three months of application)
• Driving license (Expiry should not be within 3 months of application)
• Landline bill (Not older than two months from the application)

14. LazyPay

Instant Personal Loan Online App - LazyPay (To be announced, Google Play) →

Eligibility:

• Be salaried or self-employed
• Monthly Salary: 30,000
• Income should be received in a bank
• Min Cibil score of 650 or Experian score of 750
• Should be aged between 21 years and 57 years

Documents:

1. Identity Proof – Aadhaar/PAN Card
2. Current Address Proof – If Aadhaar Card doesn’t feature your current address
3. Bank Statement (Salary A/C) – Last 3 months’ statement with salary credits
4. Income Tax Return Verification Form for the last 2 years if you’re self-employed

Loan Details

• Loan Amount Range:₹ 10,000 – ₹ 1,00,000
• Loan Type: Personnel loan
• Processing fee: 2% of Loan Amount
• Interest rate:15%-32%
• Loan Tenure: 3 to 24 months
• GST @ 18% applicable additionally on all fees

16. mPokket

Instant loan for college students – mPokket (To be announced, Google Play) →

mpocket is a simple pocket money app for students who want a small amount of money in a short span of time.You can get the loan from 500 and increse with the time.If you are a student an want a loan for your daily ex[penses thene try mPokket.

Eligibility: Any undergraduate or postgraduate student above the age of 18 with a mobile phone and a bank account is eligible to use mpocket.

Documents:

1. Identity Proof – Voter Id/ riving License
2. Selfie
3. Selfie Video
4. Student ID
5. Personnel Information

Loan details

• Loan Amount Range: ₹ 500 to Infinity
• Loan Type: Student loan
• Processing fee: Rs. 100 per Rs. 1000
• Loan Tenure:1 to 3 Months

17. Flexsalary

FlexSalary - Instant Cash Loans & Salary Advance (Free, Google Play) →

FlexSalarey is really helpfull when you are salaried person and want to get  a personnel loam up to 2 lakh.With the one time approval you can get a loan from 4000 with the annual interest of 36%.

Eligibility:

• Minimum Salary of 8,000
• Only Salaried people

Fee and Charges

• Interest rate* – up to 3% per month
• Processing fee – INR 650 One-time payable only upon Loan Disbursement
• Line usage fee* – up to INR 175 per each INR 10,000 per month pro-rated for the amount and term outstanding equalling 1.75% per month
• Annual percentage rate – 36%
• Loan tenure – Up to 3 Years (Open-ended)
• INR 4,000 and up to INR 2,00,000.

Documents:

• Identity proof
• PAN card
• Address proof
• Bank statements
• Payslips
• Photo

18.Slicepay

slice : Card, No cost EMIs, Students, Salaried (Free, Google Play) →

Slice pay is pone of the best loan apps for students.Once your verification you can easi;y get loan,if you want increase then  you can o that through your campus manager. Also you will get a Debit card which you can use to shop.

Loan Details

• Loan Amount Range: ₹ 500 to Infinity
• Loan Type: Personnel loan
• Processing fee: Rs. 100 per Rs. 1000
• Loan Tenure:1 to 3 Months

Eligibility:

• Are above 18 years of age.
• Are a student/salaried professional/freelancer etc. with a valid photo identity and an address proof.
• If a student, you are studying in Bangalore, Vellore, Chennai, Pune, Hyderabad, Mumbai or Delhi and have a valid current address.

The documents vary per your occupation. you can find the exact requirements in the SlicePay app. the main documents are listed below:

• Students
• College ID card
• permanent address proof (driving license/voter ID/passport/aadhaar card)
• current address proof (hostel ID card/hostel or PG rent receipt/rental agreement/electricity bill/water bill/semester fee receipt with hostel fees)
• Identity proof (pan card/a-aadhar card)

Documents:

Salaried employees

• company ID proof/ verified Company email address
• permanent address proof (driving license/voter ID/passport/aadhaar card)
• current address proof (hostel or PG rent receipt/rental agreement/postpaid mobile bill/electricity bill/telephone bill/piped gas bill/water bill)
• Identity proof (pan card/aadhaar card)

Freelancers

• portfolio link
• permanent address proof (driving license/voter ID/passport/aadhaar card)
• current address proof (hostel or PG rent receipt/rental agreement/postpaid mobile bill/electricity bill/telephone bill/piped gas bill/water bill)
• Identity proof (pan card/aadhaar card

19.Cashbean

Loan Instant Personal Loan App - CashBean (To be announced, Google Play) →

Cashbean is another best an easy way gto get instant personnel loan.Just fill out the KYC details and get the loan.You can get thye ;loanm from 1,000 to 60,000.Compare to other apps is is offering low interest i.e 30% Per annum.

Elgibilty

Indian Individual
21-56 years old
has a monthly source of income.

Process

• Install the CashBean app from the Play Store.
• Register yourself via your phone number.
• Select the product you want to apply.
• Take 3-5 minutes to fill in your basic information and upload your KYC documents, then submit.
• After submitting your application, we will review it as soon as possible, during which time you may receive a call to verify the information. The results will be reviewed in the fastest 5 minutes, and we will notify you of the results by SMS.
• E-sign loan agreement after the approval.
• E-sign successfully, we will disburse to you within 5 minutes and notify you by SMS.

Documents

• Each user who applies for a personal loan will be required to submit three kinds of document:
  a. Proof of Identity: We collect your PAN details as a Photo ID and Proof of Identity and is mandatory;
  b. Proof of Address: You may provide us with a copy of your printed e-Aadhaar(masked) or Passport or Voter ID.
  Each user must mandatorily submit the Proof of Identity along with one of the documents mentioned above as Address Proof. Please note that submission of Aadhar is voluntary and you may wish to submit any one of the other alternatives provided above.
  c. Your selfie

• For all product, we charge a flat interest rate of 33% (Annualized Interest Rate)
• For Personal Loan 15 Day tenure loan products – Processing fee is charged upto 0.66% per day.

20.Bajaj Finserve

Bajaj Finserv - Instant Loans and Investment App (Free, Google Play) →

Bajaj Finserve provides variety of loans like Business, Home and Instant Personnel Loans.You can get up to 25 loans and the best thing is it is online process.But if you are uder 23 then you can’t get the loan.

• You must be a residing citizen of India
• Aged between 23 and 57 years
• Employed with an MNC, public or private company

Documents

• Passport-size photographs
• KYC documents – PAN, Aadhaar, Driving license, Voter’s ID, Passport
• Bank account statements for three months

Loan Details

• Loan Amount Range: Upto 25 Lakhs
• Loan Type: Personnel loan
• Processing fee: 2%
• Loan Tenure:12 months to 60 months.

21.Mobikwik

Recharge, Bill Payment,Instant Loan, UPI,Insurance (To be announced, Google Play) →

Mobiwik is a recharge app but now it is also provuing loans with simple process.If you can get loans up to 1,00,000.As of now we dont hav information about the loan tenure an interest rate.Once we come to know we update here.

Eligibilty

All one needs is his or her Aadhar Card and Pan Card. If one is wondering on how to get a personal loan, then just follow three simple steps.

How To Apply?

1. Open the MobiKwik app and click on Boost loan
2. The instant cash loan page will appear on the page.Click on ‘I am interested’ .
3. The next step to avaIl the instant loan online, type in your personal details i.e Adhaar card number and PAN number.
4. MobiKwik will check your eligibility for instant loan online.The amount you are eligible for will be reflected on the screen.
5. You can type the amount you want to withdraw and click on ‘boost credit’.
6. The amount will instantly reflect in your wallet as a an instant loan online i.e small loan.

22.Cashmama

CashMama- Instant Personal Loan App Online (To be announced, Google Play) →

Cashmama is Short-Term Personal Loan starting from ₹ 3,000 to ₹ 5,000 with different tenures for repayment.If you are in trouble and want someurgent money then get it from Cashmama.

Eligibility

• You must be a residing citizen of India
• Aged Above 18
• Employed with an MNC, public or private company

Documents

• Passport-size photographs
• KYC documents – PAN, Masked E AAdhaar, Driving license, Voter’s ID, Passport
• Bank account

Loan Details

• Loan Amount Range: 1500-5000
• Loan Type: Personnel loan
• Processing fee: 8% of the loan amount for 7days-loan.
• 12% of the loan amount for 14days-loan.
• Loan Tenure:7 days to 15 days
• Interest- 0.98‰ per day
• service charge 10% for 14 days

23.Cash front

LoanFront - Instant Online Personal Loan (To be announced, Google Play) →

Cash front loan app is really goo for the people who have salary above 15,000.You can get loan up to 2,00,000.It is not available in every city you csan check elgible cities below.

Eligibilty

• You must be a residing citizen of India
• AGE 18
• FB/LINKEDIN Account
• Monthly income 15000

Documents

• Passport-Se;lfie
• KYC documents – PAN,
• Government ID :Aadhaar, Driving license, Voter’s ID, Passport
• Bank account statements for three months

• Loan Amount Range: 1000-2,00,000
• Loan Type: Personnel loan
• Loan Tenure:62 months to 180.

Cities

• Bengaluru
  Chennai
  Hyderabad
  Pune
  Vishakhapatnam

24. Upwards

Quick Loan, Instant Loan At Low Interest & Low EMI (To be announced, Google Play) →

Upwards is also a good optiob for yoy if yiu hvce s salary of minimum 15,000.The limit of loan is up to 2 lakh rupees.Upwards is not available in every city of India yet byut you can check city list below.

• You must be a residing citizen of India
• AGE 21-50
• Monthly income 15000

Documents

• Profile pic
• Aadhar Card
• PAN Card
• Salary Slips (last 3-6 months)
• Bank Statement (last 6-12 months)
• Proof of current address (electricity bill, phone bill etc.)

Loan Details

• Loan Amount Range: 20-200000
• Loan Type: Personnel loan
• Loan Tenure:6 to 24 months
• Interest Rates maximum from 18% to 32% per annum as per CIBIL score
• Processing Fee: up to 2% of the loan amount (minimum 500)
• Repayment Period: 6 months to 24 months

25.Avail Finance

Personal Loans, Instant Cash, ECash app- Avail (To be announced, Google Play) →

Avail Finance is only applicable for the poeple who have slaary less than 35,00.This is kind of strange thing.But yo can get upto 40,000 loan instantly,Interest rate is 2% monthly.

• You must be a residing citizen of India
• AGE 21-50
• Monthly income less than 35000

Documents

• Selfie
• Aadhar Card (front and back),
• PAN Card
• bank statements from the past 4 months (with account details and salary credit visible
• Current Address Proof (which could be your rent agreement, utility bills, etc.)
• Proof of current address (electricity bill, phone bill etc.)

Loan Details

• Loan Amount Range: up to 40,000
• Loan Type: Personnel loan
• Loan Tenure: 8 Months
• Interest Rates: 2% Per Month
• Processing Fee: One Time Fee 400

28.Quick Credit

Instant Cash Loan App, Salary Advance: QuickCredit (To be announced, Google Play) →

• Over 21 years of age
• An Indian resident
• Earning (either salaried or self-employed)

• Proof of ID (POI): Company ID or Pan Card
• Proof of Address (POA): Passport or Aadhar Card or Driving License or Voter ID
• Latest Salary Slip
• Bank Account Statement for the last six month

• Interest & Fees = Processing Fee + Interest + Service Charge
• Processing Fee =  Rs 100 or 300 or 500 depending on the membership
• Interest = Amount Borrowing*Rate of Interest*Tenure; Rate of Interest = 1% for 30 days
• Service Charge = Amount Borrowing*Rate of Service Charge*Tenure
• Rate of Service Charge = 0.3% for 1 to 5 days; 0.4% for 6 to 10 days; 0.5% for 11 to 30 days

• Loan Amount Range: up to 30,000
• Loan Type: Personnel loan
• Loan Tenure: 8 Months
• Interest Rates: 2% Per Month
• Processing Fee: One Time Fee 400

29.Sahukar

Sahukar - Instant Loan - Ek Click Paise Quick (To be announced, Google Play) →

Sahukar provides instants loans but only for the students.If you can borrow as low as 500-5000.You can use this as pocket money but you need to repay it by maximum 3 months.You must need your college ID in order to get the loan.

• College Student
• Indian Citizen

Documents

• Selfie
• Aadhar Card (front and back),
• PAN Card
• College ID

• Loan Amount Range: Rs 100 – Rs 5,000
• Loan Type: Student Credit
• Loan Tenure: 1 to 3 Months

30.Red Carpet

Instant Loan Credit + Card: RedCarpet (To be announced, Google Play) →

Red carpet is the loan app which will give you the loan to Studensts as well as Salaried people.For students you need to submit College ID and for slaried people Salary slip is important.

Documents

• Government ID: Any Government ID like Aadhar, Voter, Driving, Passport
• Employment Proof / Student ID: You can upload salary slip, Bank statement. If you’re a student, you can just upload student ID
• PAN: If you don’t have a PAN card, you can sign our Form 60 and upload it on the app
• Selfie with Govt ID: Selfie with the Govt ID (that you have selected)

Loan deatils

• Loan Amount Range: up to 50,000
• Loan Type: Student/Personnel
• Interest:2% to 3% per month on total credit amount for EMI duration. 0% if full balance payment made within 30 days.
• Processing Fee: For Term Loan 2% per month on disbursement amount, subject to a minimum of Rs100 + GST as applicable For Card Rs750 + GST as applicable.

Cities

Delhi, Jaipur, Hyderabad, Chennai, Pune, Dehradun, Kolkata, Vijayawada, Mumbai, Chandigarh, Jalandhar, Bhopal, Bangalore.

Unique Features of Instant Loan Credit + Card: RedCarpet.

• Zero-interest if you pay in full by the 15th of the month.
• Open for students, salaried, self-employed.
• Ruby card can be used anywhere – Flipkart, Amazon, Paytm, Big Bazaar & restaurants & even ATM cash withdrawal (For chosen users) .
• PAN card, bank statement, etc is not compulsory. We ask for optional address proof, ID card, salary slips.

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