LazyPay is a financial service provider that offers instant loans online. This is a simple process with a minimal amount of paperwork. The loan is available for any purpose. To avail a loan, you have to register on the app, choose the amount you want to borrow and select your tenure. Once your application is approved, you will get your money within hours. Once you have been approved, you can use your LazyPay credit to pay your bills. You can use the credit to pay offline or online. You can also use it to shop with an in-app purchase.
You can use the credit limit across 100+ apps. LazyPay charges 2% on the transaction amount. Moreover, the interest rate varies based on the amount borrowed.
PaySense
The PaySense application is a simple and safe way of applying for loans online. With this app, you can get instant approvals, which will be deposited directly into your bank account. To apply for a loan, download the app, fill out the form, and upload your documents. If you meet the criteria, your loan will be approved within five hours.
You can take out a personal loan from PaySense if you’re between the ages of 21 and 60. To qualify, you need to have an active net banking account, be a resident of India, and be self-employed or salaried. Depending on your income, you may also need to submit a credit score.
Unlike other lenders, PaySense does not require collateral to secure the loan. Instead, they use advanced data sciences to determine your creditworthiness. That means you can enjoy a lower interest rate and convenient EMI plans.
mPokket
If you are looking for an online loan app in India, then you can try mPokket. This app offers an instant personal loan to salaried professionals and students. mPokket offers a wide range of loans from Rs. 500 to 30,000. Users can choose the amount of their EMIs according to their monthly budget. Moreover, the company is legally compliant and is available 24 hours a day.
The mPokket app also offers flexible repayment options. You can choose to repay your loan in one, two, or three months. Moreover, the interest rates are also minimal. However, there are processing fees involved.
To qualify for a loan, a student or an employee must have a minimum monthly income of 9,000 rupees. Moreover, he or she must have an Android mobile device.CashBean
CashBean is a mobile platform for instant personal loans. The company offers loans to Indian citizens. It provides loan amounts between Rs 1,500 and 60,000. If approved, the loan amount will be credited to your bank account. However, it is important to understand the repayment process. Failure to repay the loan amount will result in an adverse effect on your credit score.
While the app offers great features and good loan tenure, many users have complained about the lack of customer service.
The app is operated by PC Financial Services India Private Limited. Although the website of the company is still active, it is under investigation by the Enforcement Directorate (ED).
Fullerton India’s app
Fullerton India’s online loan app is a hassle-free way to apply for a loan. Using the app, you can check your loan status, check your loan account, pay EMIs, etc. You can also use it to send your service requests.
The Fullerton InstaLoan is the perfect loan app for self-employed professionals. It features a simple user interface, minimal documentation requirements, and an easy-to-read dashboard. All you need is to login with your ID and password.
You can get your loan in just four working days. The loan is sanctioned and transferred to your bank account in a couple of hours. If you’re a new customer, it may take up to 48 hours for your loan to be disbursed. However, if you’re a pre-approved customer, you can get your loan in just three to five days.
Fullerton India offers instant approval. Applicants can apply online or offline. They can also access their account via their mobile phone. The Fullerton Loan App also offers a pre-payment facility. When you use this feature, you’ll be able to reduce your principal outstanding balance, save on interest, and enjoy quick funds.
Kredit Bee
If you are looking for an online loan app that is safe, secure, fast, and convenient, then you have come to the right place. Kredit Bee is an online loan app that allows you to borrow money without the hassle of a traditional bank or credit union.
The process for getting a Personal Loan on KreditBee is fairly straightforward. You can apply for a loan through the mobile application or via the web. In either case, you will need to provide some basic information about yourself.
First, you need to be an Indian citizen. Then, you must have a valid bank account. Finally, you will need to upload some documents. These documents include your name, address, and your PAN number. Once you have all these things ready, you can start the application.
To get started, you will need to download the KreditBee app onto your phone. There is no charge to do so. It’s also compatible with all Android phones.
In addition to the app, you’ll need to sign up for a Google account. This will allow you to view all of the details of the KreditBee loan app.
As with any other lending platform, you’ll need to provide some personal details in order to qualify for a loan. For this, you’ll need to be 21 years of age or older. Also, you’ll need to have a regular monthly income of at least Rs. 10,000.
Fibe
Fibe is an innovative mobile app-based lending platform that offers personal loans at competitive rates. Fibe offers a range of personal loans, from Rs. 8,000 to Rs. 5.00 lakhs. For salaried employees, the app offers a convenient and quick way to borrow money. Once approved, the loan amount is directly credited to your bank account.
The app also offers a range of convenient repayment methods. Users can take out a loan in the form of a cheque or by using a credit card, or they can opt for a short-term cash loan. These loans are designed to help customers manage day-to-day expenses until their next salary comes in.
While applying for a Fibe loan, users are asked to create an account and provide some basic information. Their data is then transferred over a secure connection. This enables the loan provider to check whether the user is eligible for the loan.
MoneyTap
MoneyTap is a mobile application that allows consumers to apply for a personal loan. They have over 10 million users in India. The app is available in more than 40 cities and offers flexible credit. Its features include an online application, an on-the-go credit facility, and an easy application process.
MoneyTap allows consumers to borrow cash up to Rs. 5 lakhs and pay a nominal interest rate. In order to apply for a MoneyTap Personal Loan, customers have to fill out an application form and upload the necessary documents. The process is quick and the applicant can be approved in a matter of minutes.
Aside from that, the application provides the users with a MoneyTap card, which is useful for shopping and other offline activities.
Unlike most traditional loans, MoneyTap allows customers to choose their loan repayment tenure. They can take up a two month, a year, or a three-year loan.
Bajaj Finserv
If you’re looking to get a loan, you can easily use the Bajaj Finserv online loan app. This application has a simple and easy to use interface, providing a great user experience. The application is designed to provide a user-friendly experience, allowing you to manage active loans and close loans in a jiffy. One of the most important features of the Bajaj Finserv app is that you can easily pay your EMIs. The application allows you to part-pre-pay your loan, reducing your overall interest burden.