5 best Android loan apps to get quick personal credit online (India)

Gettings loan online was not that much easy until smartphone apps come in this field. ANd in the context of same here are few best apps to issue an instant loan using the phone.

Technology has influenced whether directly or indirectly almost everything in our lives and there is no doubt about it. It has made our life very easy and comfortable and also brought revolutionary changes in many fields. 

Best Apps for Instant Loans in India

Loans are one of the most common things that many people take for several reasons, be it education, house, car, marriages and so on. Generally, we take loans by visiting banks or LIC or any other such government or private entity. But do you know that you can also request for a loan by simply using your smartphone straight from your home? Yes, the ever-expanding technology has made it possible. So today we are going to discuss the best apps available in the Google Play store from which you can request for a loan.

CashBean app for instant personal credit

This app is designed by PC Financial services limited and is of 11 MB size. Now let me explain to you how it works? First, you have to download this app, then register yourself. And as soon as you complete the registration process then you are eligible to apply for any loan. You can take a loan ranging from 1000 to 60000 rupees from it and the tenure period lies from 91 days to 365 days.

The interest rate varies from person to person and on the loan amount and on the tenure for which the loan is taken, the maximum interest rate is 33%. After you select the desired loan then you have to fill basic information and submit it. It takes around 10 minutes for the app to verify all your credentials and if all of these is found to be true and valid then the entire amount is transferred to your account immediately.

All you need to do to avail this loan is that you need to be an Indian citizen, having the age of 21-56 years old and last but not least a fixed monthly income source. Therefore, if you are willing to take a loan, then you can definitely download this app and grab it.


KreditBee- Instant Personal Loan App Online

Out of other loan apps, this 13 MB sized app from Finnovation Tech Solutions can help you take loans at very less time. You can take a loan of up to 2 lakh rupees for a period of 62 days to 15 months. It is completely an online process, requires very little documentation, the approval process is also very fast and the amount is transferred immediately after your documentation is approved. There are three types of loans available in this app. Let me give you a short glimpse of all the three loans.

The first one is Flexi personal loan, in which you can ask for a loan ranging from 1000 to 50000 and the period is of 62 days to 6 months. You just need to submit your documentation and get it instantly. The second one is a personal loan for salaried, in which you can ask for a loan ranging from 10000 to 200000 for a period of 3 to 15 months with the help of a valid salary proof along with other documentation. The third one is an online purchase loan, in which you can buy anything now and the amount later in EMI. Again you can enjoy all the benefits of this app but only if you are able to meet its criteria which has three conditions. You must be an Indian citizen having an age of above 21 years and a fixed monthly income source.


CashMama- Mini cash loan online

Onion-credit is the maker of this 15 MB size app. The amount of loan it offers is small but still, as we all know in today’s world every single penny counts so we cannot ignore it. You can take a loan of up to 8000 rupees through it and it is also a completely online process. The loan period ranges from 91 to 120 days and the interest rates range from 20 to 35 %. After you are done with the credentials, your loan will reach your bank account within 5 hours or 2 days.

CashMama- Instant Personal Loan App Online

It is safe and easy to use and yes you must be above 20 years of age to avail this facility and here you don’t need to show your salary proof to avail the loan, so it is a thumbs up for those who are not yet working or those who don’t have a fixed monthly source.


Mi Credit – Loan App from Xiaomi

The most popular and most common smartphone brand in India Xiaomi has come up with this 15 MB size app along with Zestmoney. You can get loans up to 2 lakh rupees from it. The loan period ranges from 91 days to three years. The minimum interest rate charged is 1.35 % and it can increase further depending on the amount of loan borrowed, the tenure of the loan and other conditions. The loan approval process is also simple and fast so that the money should reach your bank account quickly.

The process is completely online and little documentation is required for the same. Therefore, you can now take a loan from the Chinese smartphone giant and that also in a very easy way.



The makers of this 12 MB sized app is Kart-Bee technologies. You can take loans ranging from one thousand to one lakh from it and the tenure for those loans is 91 to 365 days. The maximum interest rate charged on your loan is 30% and it depends on various factors like loan amount, a period of the loan, and other conditions. This app is also completely online and all the document verification is completed in almost 10 minutes and after that, the loan amount is directly transferred to your account.

But you do need to stand tall in the three conditions of this app to apply for loans and these conditions are you must be an Indian citizen, having an age of 22 years or above and also a fixed monthly income more than 17000.


Ending Thoughts

Thus, these are the five best apps available in the Google Play store from which you can successfully take a loan. After going through the article you must have found the best app for you, simply download it and then apply for the loan which you need. So, this was all, I hope that you might have found it useful and beneficial.

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