New indian loan apps 2022

 

Rapidrupee

Rent, outstanding bills, month-end grocery shopping, or impromptu travel expenses – whatever it is, #BaatBanJaye chutki mein, with the RapidRupee. Just download our instant loan app, tell us about yourself, upload your documents along with a selfie and that’s it! We will transfer the amount you need directly to your account in 30 minutes. Simple isn’t it?

RapidRupee makes it easy to overcome y


our financial gaps. We don’t require a credit score and you can apply with a minimum income of just Rs. 10,000. We are also one of the only instant loan apps in India that welcomes both salaried and self-employed applicants. This ensures that you have easier access to an instant loan in India. Our finance solutions are also easy on your pocket with low processing fees & attractive interest rates. So whatever your finance needs, we’ve got you covered!

Navi

Navi is an instant loan-providing platform that provides loans with interest rates starting at 9.99 percent p.a. for terms up to 6 years and loan amounts up to Rs 20 lakh. Through the Navi app, you can obtain a digital personal loan with no processing fees to meet financial emergencies like wedding expenses, medical expenses, etc. 


The best thing about this app is that it is entirely paperless since PAN and Aadhaar numbers are used in the loan application process. The loan can be authorised in under ten minutes and can be credited right away to the applicant’s bank account. Furthermore, this digital app offers simple, reasonably priced, and easily accessible financial products and services.



4)Moneytap

This is one of the fastest instant loan apps in India. You may simply acquire a fast loan with MoneyTap, and all you have to do is download the mobile app. So, how does it function? To get started, you must first download the application and register on the same website. After you’ve registered, you’ll need to fill out the KYC paperwork and wait for final approval. After that, based on your credit score, you can acquire an instant credit up to an approved amount of INR 5,00,000, which you can use to buy everyday essentials, indulgences, travel, and other things. The best aspect is that you won’t have to go through a lot of paperwork or wait long periods. This makes this one of the best personal loan apps in India, and people do not hesitate to use it, as well.


Interest Rate Per Month – 1.08 to 2.3 percent

Maximum Loan Amount – Rs. 5,00,000

Minimum Loan Amount – Rs. 3,000

Documentation – Selfie, PAN card, Current address proof (electricity bill/ration card/gas bill or postpaid mobile bill/telephone bill/ broadband bill), Photo ID proof (passport/driving license/Voter ID/ Aadhar Card), Bank statements, Rental agreement, Credit card statement

Features – 100% paperless process with online approval of a loan, pay interest only for the borrowed amount, Flexible EMI tenure ranging from 2 to 36 months, Collateral free loan, 4 minutes approval, Secured API and interface, Variable interest rate for the borrowed loan amount

What’s stressful with personal loans is the interest rate. SimplyCash offers a starting interest rate as low as 2.08% per month. This reduced rate of interest has attracted many users to download the app. Arrange timely funds with SimplyCash instant loans for a tenure of 6 months to 24 months.


The instant personal loan apps in India have been accepted widely in many cities to raise immediate funds or accomplish life goals. The SimplyCash loan app can be easily downloaded on your smartphone. With SimplyCash, you can get instant personal loan approval to support a variety of purposes – education, travel, home renovation, clearance of debts, wedding or a medical emergency. It is an instant loan app as borrowers can get loan approval and disbursal within 24 hours only. Now, no longer waiting for weeks for loan approval. Download the SimplyCash personal loan app from Google Play Store and start your loan application process.

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