Looking for quick cash? Explore 20 RBI-approved instant loan apps in 2025. Get fast approvals, secure transactions, and hassle-free loans within minutes, all from trusted platforms.
Instant loan apps have become a game-changer for individuals in India, offering fast and hassle-free access to personal loans.
These apps have streamlined the loan approval process, making it easier for people to access funds quickly, whether for medical emergencies, educational purposes, or everyday expenses.
With numerous apps available, it's important to choose one that is approved by the Reserve Bank of India (RBI), ensuring reliability, security, and fairness.
Here’s a look at the Top 20 RBI-Approved Instant Loan Apps for 2025, including key details like loan amounts, interest rates, required credit scores, and who can apply.
Top 20 RBI-Approved Loan Apps for Quick Cash in 2025
1. KreditBee
KreditBee is one of the leading platforms offering instant loans in India. It provides personal loans, short-term loans, and credit lines to salaried professionals. The app is known for its quick approval process, with funds disbursed within minutes. With its user-friendly interface and fast processing, KreditBee is a great choice for people seeking hassle-free loans.
- Min Loan Amount: ₹1,000
- Rate of Interest: 12% - 36% per annum
- Required Credit Score: 600+
- Who Can Apply: Salaried professionals, self-employed individuals with a regular income.
2. Dhani
Dhani is a well-known name in the digital loan space. The app provides instant personal loans ranging from ₹1,000 to ₹15,000 with flexible repayment options. Dhani also offers benefits like zero processing fees and no prepayment penalties, making it a favorite for those who need fast cash in emergencies.
- Min Loan Amount: ₹1,000
- Rate of Interest: 15% - 30% per annum
- Required Credit Score: 650+
- Who Can Apply: Salaried professionals, small business owners, and freelancers.
3. ZetLoan
ZetLoan is a great platform for quick loans with easy repayment terms. The app specializes in personal loans with a simple application process. With a transparent approach and a variety of loan options, ZetLoan is a top choice for borrowers looking for flexibility and fast approval.
- Min Loan Amount: ₹1,000
- Rate of Interest: 14% - 24% per annum
- Required Credit Score: 650+
- Who Can Apply: Employees with a stable job, self-employed individuals with proof of income.
4. Fibe
Fibe (formerly known as Finbox) offers personal loans, credit lines, and instant loans to help individuals manage unforeseen expenses. With minimal documentation and a fast approval system, Fibe is a preferred app for many users who need immediate financial assistance.
- Min Loan Amount: ₹5,000
- Rate of Interest: 12% - 36% per annum
- Required Credit Score: 650+
- Who Can Apply: Individuals with a steady income, both salaried and self-employed.
5. IndiaLends
IndiaLends is an online lending platform that provides instant personal loans and credit cards. The app offers loans ranging from ₹5,000 to ₹10,00,000, with flexible repayment terms and competitive interest rates. IndiaLends also allows users to check their credit score for free, helping them make informed borrowing decisions.
- Min Loan Amount: ₹5,000
- Rate of Interest: 10% - 25% per annum
- Required Credit Score: 650+
- Who Can Apply: Individuals with a good credit history, salaried or self-employed professionals.
6. Bajaj Finserv
Bajaj Finserv is one of the most trusted names in the Indian financial sector, known for offering personal loans, business loans, and home loans. The Bajaj Finserv app provides an easy way to apply for loans with minimal documentation and quick approval processes.
- Min Loan Amount: ₹50,000
- Rate of Interest: 12% - 20% per annum
- Required Credit Score: 750+
- Who Can Apply: Salaried individuals and self-employed professionals with a stable income.
7. Home Credit
Home Credit offers instant personal loans and consumer durable loans. The app is particularly beneficial for those looking to buy electronics or appliances on easy EMIs. Home Credit also provides fast approval and competitive interest rates, making it a reliable choice for those in need of immediate funds.
- Min Loan Amount: ₹7,000
- Rate of Interest: 14% - 28% per annum
- Required Credit Score: 650+
- Who Can Apply: Employees, individuals with a steady income, and those looking for consumer durable loans.
8. LazyPay
LazyPay is an innovative app that lets you access instant loans for small purchases or everyday expenses. With no hidden charges, fast disbursal of funds, and an easy application process, LazyPay is popular among individuals who need small, short-term loans.
- Min Loan Amount: ₹1,000
- Rate of Interest: 16% - 30% per annum
- Required Credit Score: 600+
- Who Can Apply: Individuals with a monthly income, including salaried employees and freelancers.
9. LoanTap
LoanTap offers personal loans with flexible repayment plans. The app allows users to apply for loans between ₹50,000 to ₹10,00,000 with low-interest rates and quick processing. LoanTap is ideal for those looking for medium-term loans to meet various financial needs.
- Min Loan Amount: ₹50,000
- Rate of Interest: 15% - 24% per annum
- Required Credit Score: 650+
- Who Can Apply: Salaried professionals, self-employed individuals with a stable income.
10. Navi
Navi, a fintech platform by Sachin Bansal (co-founder of Flipkart), provides instant personal loans at affordable interest rates. The app uses cutting-edge technology to approve loans quickly and with minimal documentation. Navi has gained popularity for its transparent lending practices and competitive loan terms.
- Min Loan Amount: ₹10,000
- Rate of Interest: 9% - 24% per annum
- Required Credit Score: 700+
- Who Can Apply: Salaried professionals and self-employed individuals with good credit scores.
11. mPokket
mPokket is a trusted lending app offering instant loans to college students and young professionals. The app provides small loans that can be repaid in easy EMIs. mPokket is a great choice for those looking to bridge the gap between payday and financial emergencies.
- Min Loan Amount: ₹500
- Rate of Interest: 12% - 28% per annum
- Required Credit Score: 600+
- Who Can Apply: College students and young professionals with a steady income.
12. Credy
Credy is another top app providing instant personal loans without the need for a physical visit to a bank. Credy is known for its simple application process and transparent terms. With loan amounts ranging from ₹10,000 to ₹5,00,000, it caters to the needs of both individuals and small businesses.
- Min Loan Amount: ₹10,000
- Rate of Interest: 13% - 24% per annum
- Required Credit Score: 650+
- Who Can Apply: Employees, professionals, and self-employed individuals.
13. IDFC First Bank
IDFC First Bank is a reputable name in the Indian banking industry, offering a range of financial services, including instant personal loans. Through its app, IDFC First Bank provides quick approval for loans, with competitive interest rates and flexible repayment options.
- Min Loan Amount: ₹10,000
- Rate of Interest: 11% - 18% per annum
- Required Credit Score: 700+
- Who Can Apply: Salaried professionals, business owners, and individuals with a stable income.
14. MoneyTap
MoneyTap is a popular app offering instant personal loans through a credit line. The app provides a pre-approved credit limit that users can draw from as needed. With low-interest rates and flexible repayment options, MoneyTap is an excellent option for managing both short-term and long-term financial needs.
- Min Loan Amount: ₹3,000
- Rate of Interest: 13% - 24% per annum
- Required Credit Score: 650+
- Who Can Apply: Salaried individuals and self-employed professionals.
15. Stashfin
Stashfin is an instant loan app that offers personal loans to salaried professionals and self-employed individuals. The app provides quick loans with flexible repayment terms and competitive interest rates. Stashfin is also known for its customer support and ease of use.
- Min Loan Amount: ₹5,000
- Rate of Interest: 16% - 36% per annum
- Required Credit Score: 650+
- Who Can Apply: Salaried professionals, self-employed individuals with a regular income.
16. CASHe
CASHe offers instant personal loans with minimal documentation and fast disbursement. The app is primarily aimed at young professionals and provides loans with flexible terms, ranging from ₹5,000 to ₹3,00,000. CASHe also offers customized loans based on the borrower’s creditworthiness.
- Min Loan Amount: ₹5,000
- Rate of Interest: 14% - 36% per annum
- Required Credit Score: 650+
- Who Can Apply: Young professionals, salaried employees, and self-employed individuals.
17. PaySense
PaySense is an innovative loan app that allows users to apply for personal loans with flexible EMIs. With loans ranging from ₹5,000 to ₹5,00,000, PaySense offers low-interest rates and fast loan approval. The app also helps users improve their credit scores by reporting payments to credit bureaus.
- Min Loan Amount: ₹5,000
- Rate of Interest: 14% - 36% per annum
- Required Credit Score: 650+
- Who Can Apply: Salaried professionals, self-employed individuals, and students with a stable income.
18. NIRA
NIRA is a personal loan platform that focuses on providing instant loans to individuals in need of quick financial help. The app offers loans with minimal documentation and flexible repayment schedules. NIRA is ideal for those who need an urgent loan for personal or medical emergencies.
- Min Loan Amount: ₹10,000
- Rate of Interest: 12% - 22% per annum
- Required Credit Score: 650+
- Who Can Apply: Individuals in urgent need of a loan, salaried and self-employed professionals.
19. FlexPay
FlexPay is a digital lending platform offering instant loans to individuals with a fast approval process and easy repayment options. The app is designed to cater to the needs of salaried professionals and young borrowers looking for quick financial solutions.
- Min Loan Amount: ₹5,000
- Rate of Interest: 14% - 28% per annum
- Required Credit Score: 600+
- Who Can Apply: Young professionals, salaried individuals, and those in need of quick financial assistance.
20. TATA Capital
TATA Capital is one of the most trusted financial institutions in India. Through its app, TATA Capital provides a range of personal loans with competitive interest rates and quick processing times. The app offers flexibility in repayment schedules, making it an excellent option for those looking for hassle-free loans.
- Min Loan Amount: ₹50,000
- Rate of Interest: 12% - 18% per annum
- Required Credit Score: 750+
- Who Can Apply: Salaried professionals, self-employed individuals, and business owners with good credit scores.
Why Choose RBI-Approved Instant Loan Apps?
While there are numerous loan apps available in India, it’s crucial to opt for RBI-approved ones. The Reserve Bank of India sets strict guidelines to protect borrowers from fraudulent practices and ensures transparency in the lending process. Choosing RBI-approved apps ensures:
- Safety and Security: Your personal and financial data is protected, and the app follows strict security measures.
- Fair Practices: RBI-approved apps are required to disclose all terms and conditions upfront, with no hidden charges or unfair interest rates.
- Faster Approvals: With streamlined processes and digitized verification, these apps offer faster loan disbursal.
- No Predatory Practices: RBI’s regulations prevent app developers from indulging in predatory lending practices, such as unreasonably high-interest rates or hidden fees.
As digital lending continues to grow in India, these 20 RBI-approved instant loan apps are leading the charge in providing fast, reliable, and transparent financial solutions. Whether you’re looking for a small loan to cover an emergency or a larger personal loan to finance a big purchase, these apps are designed to make the borrowing process simple and stress-free. Always ensure that the app you choose is approved by the RBI to avoid unnecessary complications and hidden costs.
By selecting an RBI-approved app, you not only get the financial support you need but also ensure that you are protected under Indian financial regulations, making your borrowing experience safer and more reliable.
Disclaimer: Always read the app’s terms and conditions carefully and ensure that you can comfortably repay the loan to avoid any financial hardships.