Top 10 Fastest Loan Apps in India 2026
SUMMARY
Introduction:
It’s easier and faster to get a loan in India than at any time before, and the country has smartphones and digital innovation to thank for it. Loan apps allow you to borrow money without the long waits at the bank or lengthy paperwork. These apps use tech to confirm and authenticate user information, documentation and fund them in their account instantly, sometimes within a few minutes. In this article, we have compiled a list of the 10 fastest loan apps according to their quick approval rates, user-friendly interface, and popularity among Indians.
| Name | Loan Amount Range | Interest Rate (Approx. P.A.) | Tenure (Approx. Range) |
| Fibe | Rs 5,000 to Rs 10 Lakh | Starting from 12% p.a. | 3 to 36 Months |
| Navi | Rs 10,000 to Rs 20 Lakh | Starting from 9.9% p.a. | Up to 72 Months |
| KreditBee | Rs 1,000 to Rs 10 Lakh | 12.00% to 28.50% p.a. | 6 to 60 Months |
| CASHe | Rs 1,000 to Rs 4 Lakh | 2.50% to 3.50% per month | Up to 18 Months |
| Kissht | Rs 5,000 to Rs 5 Lakh | Starting from 14% p.a. | 3 to 36 Months |
| Moneyview | Rs 5,000 to Rs 10 Lakh | Starting from 10% p.a. | 3 Months to 5 Years |
| Bajaj Finserv | Up to Rs 55 Lakh | Starting from 10% p.a. | 12 to 96 Months |
| mPokket | Rs 500 to Rs 50,000 | 2% to 3% per month | 3 to 12 Months |
| LazyPay | Up to Rs 5 Lakh* | 12% to 36% p.a. | 3 to 24 Months |
| True Balance | Rs 5,000 to Rs 2 Lakh | 2.40% per month onwards | 3 to 12 Months |
Fibe
- Established Year: 2015
- Founders: Akshay Mehrotra, Ashish Goyal
Fibe (formerly EarlySalary) is a leading choice for super-fast loans and instant credit for immediate needs. It targets working people and offers loans up to Rs 5 lakhs. The app checks your eligibility using your basic details, including salary and ID. The approval process is fast and online, available 24/7.
The cash is deposited directly into your bank account after approval. Fibe’s flexible repayment plans range from a few months to a couple of years with lower interest rates than others. The app is easy to use; you download it, sign up with your phone number and upload a photo ID and bank details.
Navi
- Established Year: 2018
- Founders: Sachin Bansal, Ankit Agarwal
Navi stands out for its speed and all-in-one features with a fully digital loan experience. You are able to quickly borrow up to 20 lakhs with approval within minutes. Navi checks credit history and income rapidly by using smart technology. It allows you to choose from personal loans, home loans, or even car loans through the app.
Repayment is easy with auto-debit options. The documentation process is simple; you will only need PAN and Aadhar for the KYC process. Interest starts low but depends on your profile. You must be at least 21 years old and have a stable job to avail Navi’s loan, and submit KYC documents. The interface is clean and user-friendly, which is certainly great for new borrowers.
KreditBee
- Established Year: 2018
- Founders: Madhusudan Ekambaram, Karthikeyan Krishnaswamy, Vivek Veda
KreditBee has established itself as a go-to app for immediate access to cash. It disburses loans ranging from Rs 1,000 to Rs 4 lakhs and claims the loan would be credited within minutes. It is popular with young professionals and students because it is flexible and does not require a high credit score for small amounts.
Interest rates are competitive, and the app offers an EMI calculator to plan payments. To be eligible for a Kreditbee loan, you must be an 18+ Indian citizen with income proof. The process is digital with no visits to branches involved. Upload your documents through the app and get your funds instantly.
CASHe
- Established Year: 2016
- Founder: V. Raman Kumar
CASHe relies on its own proprietary algorithm, the Social Loan Quotient, to determine a potential borrower’s creditworthiness and speed up the verification process. You can have up to a maximum of Rs 4 lakhs approved within seconds and money disbursed in less than 5 minutes. It’s targeted at the salaried employees and uses your social media and bank data to generate a quick credit score.
Loans are for short terms, like 3 to 18 months, with options for education or health expenses. No collateral is needed, and interest is based on the individual’s risk level. To qualify for CASHe, you need a monthly salary of at least Rs 15,000 and basic KYC. The app is secure and easy, with a chat feature and rewards with better rates next time.
Kissht
- Established Year: 2015
- Founders: Krishnan Viswanathan, Ranvir Singh
Kissht began as an instant EMI provider and then expanded into the lending segment. The app allows you to borrow up to Rs 2 lakhs for your personal or business needs with no paperwork. The app scans your information and makes its decision based on your credit and income.
Interest rates are also favourable, and it is repayable in affordable instalments. To be eligible, the candidate must be an Indian citizen and have a bank account; the minimum age requirement is 21. You just need a selfie and an ID upload to use the app. There are no hidden fees, making the app transparent.
Moneyview
- Established Year: 2014
- Founders: Puneet Agarwal, Sanjay Aggarwal
Moneyview has a unique credit model, unlike others, while offering personal loans even to users with low CIBIL scores. Loan amounts ranging from Rs 5,000 to Rs 5 lakhs are available as per your requirements. The app will scan your bank statements to offer you the best one. No security needed with interest starting at 1.33% per month.
You simply have to upload Aadhaar, PAN and income proof on the app online. Its user experience is friendly; it even offers tips on personal finance. The firm’s strength lies in its instant transfer and helpful customer service. Moneyview also tracks user expenses, helping with budget management.
Bajaj Finserv
- Established Year: 2007
- Founder: Jamnalal Bajaj
Bajaj Finserv is a huge non-banking finance company that offers an online platform for loans. It brings trust and speed to its users. Their app offers up to Rs 25 lakhs with approval in minutes and funds in hours. It provides personal, home, or vehicle loans, with flexible terms up to 8 years.
Eligibility includes salaried or self-employed individuals between 23 to 58 years old, with a steady income. Documents are uploaded digitally with no paperwork required. The app is robust, with EMI calculators and loan trackers. Users trust it for its reliability and quick responses. Bajaj also offers insurance and investment options, making it a full finance hub.
mPokket
- Established Year: 2016
- Founder: Gaurav Jalan
mPokket is a specialised app for the financial needs of young users, offering a pocket-friendly loaning app. Get up to Rs 45,000 approved instantly for students or entry-level workers. It’s best for college and recent graduates seeking short-term needs for immediate expenses. No collateral, just ID and college proof for students. The app is simple to sign up for, just create an account, verify, and receive cash in minutes.
LazyPay
- Established Year: 2017
- Founder: Jitendra Gupta
LazyPay makes borrowing easy with instant loans up to Rs 5 lakhs. It’s a Buy Now, Pay Later (BNPL) service, but its XpressLoan feature provides quick cash loans to users. Approval is seamless, and it uses your shopping history. No documents are needed for small amounts; just link your account. Interest is low for short terms. Eligibility is basic, with quick checks. LazyPay is for frequent users who want a cash loan quickly.
True Balance
- Established Year: 2014
- Founder: Charlie Lee (Cheolwon Lee)
True Balance provides fast loans up to Rs 1 lakh within a few minutes of approval. It’s for salaried people, or those with limited or low credit history who need a small, urgent loan to build their financial reputation. The app offers cash or recharge loans. Interest starts low, with easy EMIs. It’s known for its user-friendly interface, focusing on a smooth and digital experience. The app also manages bills, while remaining balanced and speedy for daily needs.
Conclusion:
These 10 apps are transforming the loan process in India, making it fast and easy. They are useful in emergencies, like for a bill, or even for something fun, like a trip. But remember, loans have interest, so be sure only to borrow what you can pay back on time to avoid extra fees. Loan offers should be compared, and the conditions read thoroughly. As technology develops, it’s reasonable to assume we’ll see other interesting choices soon.
FAQs:
What are loan apps?
Loan apps are mobile applications that let you apply for loans online and get money quickly without visiting a bank.
Are fast loan apps safe to use in India?
Yes, most popular loan apps are safe if they are RBI-registered or linked with trusted NBFCs and banks.
How fast do loan apps give money?
Many fast loan apps can approve loans within minutes and transfer money to your bank account on the same day.
Do loan apps need a lot of documents?
No, most loan apps need only basic documents like Aadhaar, PAN card, and bank details.
Can salaried and self-employed people use loan apps?
Yes, loan apps are available for both salaried employees and self-employed individuals.
What is the loan amount offered by fast loan apps?
Loan amounts usually range from a few thousand rupees to several lakhs, depending on the app and your eligibility.
Do loan apps charge high interest rates?
Interest rates vary by app. Some charge higher rates for short-term loans, so it is important to check before applying.
Is a good credit score required for loan apps?
A good credit score helps, but many apps also offer loans to users with low or no credit history.
Can I repay the loan early?
Yes, most loan apps allow early repayment, though some may charge a small prepayment fee.
What happens if I miss a loan payment
Missing a payment can lead to late fees and can affect your credit score, so timely repayment is important.
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