Table of Contents
Quality Service Guarantee Or Painting Free
Get a rental agreement with doorstep delivery
Find the BEST deals and get unbelievable DISCOUNTS directly from builders!
5-Star rated painters, premium paints and services at the BEST PRICES!
Loved what you read? Share it with others!
Submit the Form to Unlock the Best Deals Today
✕
Check Your Eligibility Instantly
Experience The NoBrokerHood Difference!
Set up a demo for the entire community
Tenant Super Relax Plan
Enjoy Hassle-Free Renting
Full RM + FRM support Instant alerts & premium filters Rent negotiation & relocation help10 Best Low Interest Loan Apps in India 2025: Quick Approval & EMI Flexibility in 2025
Published : June 30, 2025, 5:52 PM
Updated : June 30, 2025, 8:32 PM
Author :
manu
Table of Contents
A personal loan can be a significant help in times of financial need. With the rise of digital finance, securing a loan has become more accessible than ever through various mobile applications. The key is to find a low-interest loan app that provides the necessary funds without becoming a heavy burden. These applications offer a streamlined process, from application to disbursal, directly from your smartphone. This guide will walk you through the best options available in India, helping you make an informed decision for your financial requirements.
List of 11 Best Low-Interest Loan Apps in India 2025
Choosing the right application is crucial for a cost-effective borrowing experience. Here is a list of some of the best loan apps with the lowest interest available in India, known for their competitive rates and user-friendly services.
| Loan App | Google Play Rating |
|---|---|
| NoBroker InstaCash | 4.6/5 |
| Fibe (Early Salary) | 4.5/5 |
| Bajaj Finserv | 4.4/5 |
| LazyPay | 4.4/5 |
| PaySense | 4.4/5 |
| KreditBee | 4.4/5 |
| mPokket | 4.4/5 |
| MoneyTap | 4.1/5 |
| Fullerton India | 3.8/5 |
| LoanTap | 3.7/5 |
Top Low-Interest Loan Apps - Detailed Information
Understanding the specifics of each loan application is essential before you download and apply. Here is a detailed breakdown of the top platforms to help you find an instant loan app with low interest that fits your needs.
Quality Service Guarantee Or Painting Free
Get a rental agreement with doorstep delivery
Find the BEST deals and get unbelievable DISCOUNTS directly from builders!
5-Star rated painters, premium paints and services at the BEST PRICES!
1. NoBroker InstaCash ⭐⭐⭐⭐ (4.6/5)
NoBroker InstaCash has emerged as a leading choice for those seeking a quick and reliable personal loan. As an RBI-approved low interest loan app, it focuses on providing a completely digital and transparent borrowing experience. It is particularly noted for its swift disbursal process and competitive interest rates, making it a highly rated service for salaried and self-employed individuals looking for an emergency loan.
Quick Info About NoBroker InstaCash
| Feature | Details |
| Loan Amount Range | ₹5,000 to ₹10,00,000 |
| Interest Rate | 12.99% - 29.99% per annum |
| Processing Fee | 2% - 4% of the loan amount |
| Tenure | 3 months to 5 years |
| Disbursal Time | Few Minutes |
| Pros | Fast disbursal, fully digital process, flexible EMI options, no hidden fees. |
| Cons | Requires a good credit score (CIBIL > 700). |
2. Fibe (Early Salary) ⭐⭐⭐⭐ (4.5/5)
Fibe, formerly known as Early Salary, is a low-interest loan app that has gained popularity among salaried millennials. It offers instant cash loans with a focus on speed and convenience. The application process is entirely digital, requiring minimal documentation. It's an excellent choice for short-term financial needs and is considered one of the best low-interest personal loan app platforms for young professionals.
Quick Info About Fibe
| Feature | Details |
| Loan Amount Range | Up to ₹5,00,000 |
| Interest Rate | Starting from 12% per annum |
| Processing Fee | Starting from 2% of the loan amount |
| Tenure | 3 to 36 months |
| Disbursal Time | Within 10 minutes |
| Pros | Very fast disbursal, easy process, no pre-closure charges. |
| Cons | Primarily for salaried individuals with a minimum income requirement. |
3. Bajaj Finserv ⭐⭐⭐⭐ (4.4/5)
Bajaj Finserv is a trusted name in the financial services industry, and its personal loan app upholds that reputation. It offers high loan amounts with flexible repayment terms. Salaried professionals can benefit from its minimal documentation requirements and quick processing. The app also provides pre-approved offers for existing customers, simplifying the loan application process even further.
Quick Info About Bajaj Finserv
| Feature | Details |
| Loan Amount Range | Up to ₹10,00,000 |
| Interest Rate | Starting from 11% per annum |
| Processing Fee | Up to 3.99% of the loan amount |
| Tenure | Up to 8 years |
| Disbursal Time | Within 24 hours |
| Pros | Trusted brand, long repayment tenure, high loan amount. |
| Cons | Disbursal can be slower compared to other instant apps. |
4. LazyPay ⭐⭐⭐⭐ (4.4/5)
LazyPay started as a "buy now, pay later" service and has expanded to offer instant personal loans. It provides a seamless digital experience with quick approval. The loan amount can be transferred directly to your bank account. It is a good option for small- to medium-sized loans needed for immediate expenses, and it has a fast and straightforward application process.
Quick Info About LazyPay
| Feature | Details |
| Loan Amount Range | Up to ₹5,00,000 |
| Interest Rate | 15% - 32% per annum |
| Processing Fee | Varies based on risk profile |
| Tenure | 3 to 24 months |
| Disbursal Time | Within minutes |
| Pros | Quick and easy process, also offers a pay-later service. |
| Cons | Interest rates can be high for some users. |
5. PaySense ⭐⭐⭐⭐ (4.4/5)
PaySense offers instant personal loans for various purposes like weddings, medical emergencies, and home upgrades. It caters to both salaried individuals and self-employed professionals. With a user-friendly application and quick disbursal, it stands out as a reliable quick loan app. The eligibility criteria are also relatively flexible.
Quick Info About PaySense
| Feature | Details |
| Loan Amount Range | ₹5,000 to ₹5,00,000 |
| Interest Rate | 16% - 36% per annum |
| Processing Fee | Up to 3% of the loan amount |
| Tenure | 3 to 60 months |
| Disbursal Time | Within a few hours to 2 days |
| Pros | Serves both salaried and self-employed, flexible tenure. |
| Cons | Interest rates and processing fees can be on the higher side. |
6. KreditBee ⭐⭐⭐⭐ (4.4/5)
KreditBee is a popular instant loan platform, especially among young professionals. It offers different types of personal loans, including flexi personal loans and loans for salaried individuals, with varying ticket sizes. The entire process, from profile creation to disbursal, happens within the application, making it a very convenient, quick cash loan service.
Quick Info About KreditBee
| Feature | Details |
| Loan Amount Range | ₹1,000 to ₹4,00,000 |
| Interest Rate | Up to 29.95% per annum |
| Processing Fee | Up to 7% of the loan amount |
| Tenure | 3 to 24 months |
| Disbursal Time | Within 10 minutes |
| Pros | Caters to low-salaried individuals, speedy disbursal. |
| Cons | High processing fees and interest rates for some loan products. |
7. mPokket ⭐⭐⭐⭐ (4.4/5)
mPokket is a student loan app low interest loans and also serves salaried professionals. It is designed to provide small, short-term loans, often referred to as pocket money loans. The process is extremely fast, and the documentation required is minimal, making it an ideal choice for students and young employees who need a small amount of cash urgently.
Quick Info About mPokket
| Feature | Details |
| Loan Amount Range | ₹500 to ₹30,000 |
| Interest Rate | Up to 48% per annum |
| Processing Fee | Starts from ₹34 to ₹203 + GST |
| Tenure | 61 days to 4 months |
| Disbursal Time | Within minutes |
| Pros | Excellent for students, very low loan amounts available, minimal documentation. |
| Cons | Very high interest rates, suitable only for very short-term needs. |
8. MoneyTap ⭐⭐⭐⭐ (4.1/5)
MoneyTap offers a unique credit line feature, which works like a flexible personal loan. You can borrow any amount up to your approved limit and pay interest only on the amount you use. This makes it a very cost-effective option for managing unpredictable expenses. The application is secure and trusted, making it a top choice for those who need a flexible credit facility.
Quick Info About MoneyTap
| Feature | Details |
| Loan Amount Range | Up to ₹5,00,000 (Credit Line) |
| Interest Rate | Starting from 13% per annum on the used amount |
| Processing Fee | One-time line setup fee (starting from ₹199 + GST) |
| Tenure | 2 to 36 months |
| Disbursal Time | Instant access to funds after approval |
| Pros | Pay interest only on what you use, flexible withdrawals, reusable credit. |
| Cons | The credit line concept might be different from a standard loan. |
9. Fullerton India ⭐⭐⭐⭐ (3.8/5)
Fullerton India's Instaloan app caters to both salaried and self-employed individuals. It offers a convenient digital journey for securing a personal loan. Known for its comprehensive service, it provides options for larger loan amounts and has a widespread presence across India. This makes it a reliable option for those looking for a substantial personal loan with a reasonable interest rate.
Quick Info About Fullerton India
| Feature | Details |
| Loan Amount Range | Up to ₹25,00,000 |
| Interest Rate | 11.99% - 23.99% per annum |
| Processing Fee | 0% to 6% of the loan amount |
| Tenure | 12 to 60 months |
| Disbursal Time | Within 24-48 hours |
| Pros | High loan amount, serves self-employed individuals, pan-India presence. |
| Cons | The processing fee can be higher. |
10. LoanTap ⭐⭐⭐⭐ (3.7/5)
LoanTap provides customised personal loans to salaried professionals. It offers a variety of loan products, including EMI-free loans and personal overdraft facilities, tailored to different needs. This lowest interest rate personal loan app is known for its flexible repayment structures, which can help manage cash flows more effectively.
Quick Info About LoanTap
| Feature | Details |
| Loan Amount Range | ₹50,000 to ₹10,00,000 |
| Interest Rate | Starting from 14% per annum |
| Processing Fee | 2% + GST |
| Tenure | 6 to 60 months |
| Disbursal Time | 24-36 hours |
| Pros | Customised loan products, flexible repayment options. |
| Cons | Higher minimum income requirement, slightly longer disbursal time. |
Recommended Reading
Low CIBIL Score Loan Apps List: Best Apps for Instant Loans with Bad Credit for 2025
May 20, 2025
173532+ views
Top 20 RBI Approved Loan Apps in India (2025): Trusted & Reliable Options
March 12, 2025
67815+ views
15 Trusted Small Loan App Without Income Proof in India (2025)
February 25, 2025
43639+ views
Top 10 Instant ₹5000 Loan Apps in India: Easy Application Procedure and Fast Approval 2025
April 7, 2025
38221+ views
30 Days Loan Apps: Quick Cash Solutions with Flexible Repayment At Lowest Rates for 2025
January 31, 2025
34797+ views
What are the eligibility criteria for a low-interest loan?
To qualify for a personal loan from these applications, you must meet a few basic requirements. These criteria help lenders assess your repayment capacity.
- Nationality: You must be an Indian citizen.
- Age: Typically between 21 and 60 years.
- Income: A stable source of monthly income is required (salaried or self-employed).
- Credit Score: A good credit score (usually 650 or above) is preferred for lower interest rates.
- Bank Account: You must have an active bank account for fund disbursal and repayment.
What documents are required for a low interest loan?
Most modern loan applications have simplified the documentation process. Most borrowers look for a personal loan app with a low processing fee and minimal documentation.
- Identity Proof: PAN Card is mandatory.
- Address Proof: Aadhaar Card, Voter ID, Passport, or Driving License.
- Income Proof: Latest salary slips or bank account statements.
- Photograph: A selfie taken through the application during the KYC process.
How to get an instant low interest loan without documents?
While getting a loan without any documents is impossible due to regulatory requirements, platforms like NoBroker have simplified the process to be nearly paperless. The "minimal documentation" approach means you only need to upload digital copies.
- Step 1: Download the NoBroker InstaCash application from the App Store.
- Step 2: Complete your profile by entering your basic personal and employment details.
- Step 3: Upload digital copies of your PAN and Aadhaar for a quick e-KYC verification.
- Step 4: You will receive a pre-approved loan offer based on your profile.
- Step 5: Accept the offer and set up the auto-debit facility from your bank account for EMI payments. The loan amount is then transferred to your account instantly.
Features and Benefits of NoBroker InstaCash app?
The NoBroker InstaCash app provides a seamless and beneficial borrowing experience. Here are some of its key features that make it a top-rated choice.
- Completely Digital: Enjoy a 100% paperless application from start to finish.
- Quick Disbursal: Funds can be credited to your account in minutes.
- Competitive Interest Rates: Offers some of the lowest interest rates in the market.
- Flexible Repayment: Choose an EMI plan and tenure that suits your financial situation.
- Trusted and Secure: As an RBI-approved platform, it ensures the safety and privacy of your data.
Tips to Get the Lowest Interest Rate
Securing the lowest possible interest rate can significantly reduce the cost of your loan. Here are some tips to help you get a better deal.
- Maintain a High Credit Score: A score above 750 is often considered excellent and can get you the best rates.
- Compare Different Lenders: Don't settle for the first offer you receive. Compare rates across multiple applications.
- Look for Special Offers: Lenders often have festive or seasonal offers with lower interest rates.
- Ensure a Stable Income: Lenders see a stable employment history and consistent income as a sign of reliability.
- Borrow Only What You Need: Applying for a smaller amount might result in a better interest rate as it reduces the lender's risk.
Get Instant Loan With NoBroker InstaCash
In conclusion, when a financial need arises, a low interest loan app can be your best ally. By carefully evaluating features, interest rates, and user reviews, you can find a trusted platform that aligns with your requirements. NoBroker InstaCash stands out with its quick disbursal, competitive rates, and a secure, fully digital process. It is designed to provide a hassle-free instant cash loan, ensuring you can meet your financial obligations without undue stress. Download the app today to experience a new level of convenience in borrowing.
Frequently Asked Questions
Ans: NoBroker InstaCash often offer some of the most competitive and lowest interest rates, starting from around 12.99% per annum, respectively, depending on your credit profile.
Ans: Yes, applications like NoBroker InstaCash, and Bajaj Finserv are partnered with RBI-regulated NBFCs, making them secure and reliable platforms for borrowing. Always check if the app is RBI-approved.
Ans: While a high CIBIL score is preferable for the lowest interest rates, some apps like KreditBee and mPokket may offer loans to individuals with lower scores, but often at a higher interest rate.
Ans: The repayment tenure can range from as short as 61 days (for apps like mPokket) to as long as 8 years (for lenders like Bajaj Finserv), giving you a wide range of flexibility.
Ans: Many instant loan apps, including Fibe and NoBroker InstaCash, are known for their quick disbursal, with funds often being transferred to your bank account within minutes to a few hours of loan approval.
Loved what you read? Share it with others!
Most Viewed Articles
Low CIBIL Score Loan Apps List: Best Apps for Instant Loans with Bad Credit for 2025
May 20, 2025
173532+ views
7 Days Loan Apps List in India: Top 12 Loan Apps for Fast Short-Term Cash in 2025
March 17, 2025
123014+ views
Top 20 RBI Approved Loan Apps in India (2025): Trusted & Reliable Options
March 12, 2025
67815+ views
15 Trusted Small Loan App Without Income Proof in India (2025)
February 25, 2025
43639+ views
Top 10 Instant ₹5000 Loan Apps in India: Easy Application Procedure and Fast Approval 2025
April 7, 2025
38221+ views
Author
Recent blogs in
10 Best Short Term Loan Apps in India: Instant Approval & Flexible Repayment in 2025
July 2, 2025 by Jessica Solomon
Best ₹2000 Loan Apps in India: Instant Approval & Fast Disbursal in 2025
June 30, 2025 by Manu Mausam
10 Best PAN Card Loan Apps in India: Get Instant Loans with Minimum Documents in 2025
June 30, 2025 by Manu Mausam
Join the conversation!