10 Apps - Interest-free Online Loan Application in 2022

1. SmartCoin – Mobile Personal Loan App

SmartCoin is a FinTech company with a mission to offer its customers a user-friendly and scalable lending platform. It is a personal loan app in India that provides instant loan for individuals looking for short-term personal loans. Use its mini loan app to get loans from ₹ 1,000 to ₹ 25,000.

The company caters to all profiles like support executives, business owners, salaried professionals, managers, stay-at-home moms, teachers and more with no minimum limit on the salaries, unlike other personal loan apps.

2. Home Credit – Mobile Personal Loan App

Home Credit India is a part of the international Home Credit Group that has a presence across ten countries in Europe and Asia. The India chapter started in 2012 and it already has operations in over 60 cities across 15 states.

The personal loan app sanctions personal loan of up to ₹2 Lakh with a repayment tenure ranging from 9 months to 4 years. The instant loan app in India makes financial services simple, transparent and easily accessible to you.

3. LazyPay – Mobile Personal Loan App

LazyPay is powered by PayU. You just need to enter your mobile number to find out your personal loan eligibility. With quick approvals and safe online loan application processing, LazyPay disburses 1 million+ loans every month.

Its key offerings include pocket-friendly EMIs, an instant personal of up to ₹ 1 Lakh through an easy digital process with minimal documentation.

4. Flexsalary – Mobile Personal Loan App

This company has planned its product to take on personal loans. Thus, its features are in sharp contrast to those of personal loans.

One-time application, one-time approval, instant disbursals, the option to access the credit anytime, the option to decide the loan tenure, and a flexible repayment policy are a few hallmarks of Flexsalary.

The company has no fixed EMIs and provides instant approval, making it function as an advance salary loan app.

5. Bajaj Finserv – NBFC and Mobile Personal Loan App

Bajaj Finserv offers personal loans that are instantly approved and disbursed within just 24 hours. These collateral-free loans are offered to women, government and public sector unit (PSU) employees, schoolteachers, college professors and more.

The personal loans are offered with a feature to reduce your instalment by up to 45% by paying interest-only EMIs. Once approved, you borrow as much as you need from your approved loan amount without the hassle of reapplying for the loan.

6. Rupeelend – Mobile Personal Loan App

Rupeelend, launched in 2015 is a digital finance company that offers short-term credit to individuals and businesses. Currently, it operates in Bangalore, Mumbai and NCR. The personal loan online application process takes just 3 minutes with a promise of quick loan decisions. Rupeelend is a secure and trustworthy personal loan app for short term emergencies.

7. Upwards – NBFC and Mobile Personal Loan App

Upwards claims to be India’s quickest personal loan provider for salaried individuals looking for short-term loans between ₹15,000 – ₹1,00,000. Upwards offers hassle-free personal loans to people across various job profiles such as teachers, accountant, nurses, software engineers, retail store employees and more with a minimum salary of ₹15,000.

8. StashFin Mobile Personal Loan App

StashFin is one of the best online loan apps in India. The startup was founded by a team of experienced financial services professionals with an aim to make lending easier for people in India.

The team has worked with various disciplines that include customer experience, technology and process re-engineering and through its collective experience, StashFin aims to deliver best in class services and superior convenience to its customers.

9. Mobikwik Mobile Personal Loan App

Personal loans are small unsecured loans taken for personal uses such as funding a vacation,household repairs, tuition fees etc. By Unsecured, we mean that loans are available without any collateral or security. A user can avail instant personal loans online via MobiKwik. MobiKwik offer instant personal loan and the instant loan online can be availed without pledging any security. A user has to provide only a few basic details to avail the instant personal loan online. Personal loan online on MobiKwik comes with various benefits.

10. QuickCredit.in Mobile Personal Loan App

Get your mini cash loan approved within minutes. If you’re looking for instant cash loan to meet your urgent needs, we are here! Get loan without any physical verification and documentation in 1 hour with our AI-based system.