Best loan app for self-employed or salaried in 2021

Best loan app for self-employed or salaried in 2021

A personal loan is a boon for a borrower as it can be used in emergencies or facing shortage of funds.  Since the loan has no end-use restrictions, the amount can be used for weddings, travel plans, medical needs, or practically anything under the sun.  You can also take a personal loan to keep it as your emergency fund.  With such benefits, personal loan becomes the most convenient financial pillow for most people.

1.Dhani 

App link..

https://play.google.com/store/apps/details?id=com.indiaBulls

About this app

Dhani is a one-stop shop for all your health care and financial needs.  You can get instant doctor consultation, medicines, instant loans, demat / trading / stockbroking accounts, or simply manage all your bill payments, travel bookings, money wallet or card purchases.  You can get loans ranging from ₹ 2,500 to ₹ 5 Lakhs @ 0% interest rate / APR, payable in 3 months, and available in highly affordable subscription plans from ₹ 125 to ₹ 1,500.

 Introducing Dhani One Freedom: A card with two benefits - Get zero% interest credit line up to ₹ 5,00,000 immediately and get up to 50% discount on medicines with free doctor consultation.  Use your zero% credit line for all online and offline merchants and pay in 3 easy interest-free EMIs.

2.kreditbee

App link..

https://play.google.com/store/apps/details? id=com.kreditbee.android

About this app

Personal Loans from ₹ 1000 to ₹ 2 Lakh for 62 days to 15 months 0 - 2.49% p.m.

Loan amount: ₹ 1,000 to 200,000

Interest rates: 0% to 29.95% per year

Tenure: 62 days to 15 months

KreditBee is an instant personal loan app and credit platform for young professionals across India, where you can apply for instant personal loan online and avail up to akha 2 lakh in the form of direct cash transfer to a bank account.

Kreditbee is a platform that facilitates loan transactions between borrowers and NBFCs / banks.  All loan applications are approved and approved by NBFCs / Banks registered with RBI and intimated in advance during the loan application.

Features

  1. 100% online process

  2. Fast Approval

  3. Immediate bank transfer

  Eligibility

  1. Indian Resident

  2. Over the age of 21

  3. Must have a monthly source of income

3.CASHe

App link..

https://play.google.com/store/apps/details?id=co.tslc.cashe.android

About this app

Made in India personal loan app for instant online loans, cash loans and easy money.

CASHe is the easiest way for salaried professionals to get instant personal loans online with a monthly net take-home of Rs 20,000 or more.  Our online loan app disburses short term loans as quickly as possible.

The Cache Instant Loan app cuts paperwork, eliminating human intervention.  Apply for a personal loan in minutes and get instant loans from ₹ 7,000 to ₹ 4,00,000 using the Cash app.

CASHe fully follows the RBI's Fair Practice Code and is committed to promoting best practices in digital lending.

Personal loan eligibility:

  ● Personal loans only for salaried professionals

  ● Minimum net take-home monthly salary: net 20,000

  ● over 21 years of age

  ● Salary directly through bank transfer only

Features of CASHe loan app

  ● Take advantage of a range of instant loans

  ● Urgent loan eligibility check

  ● Immediate loan available from 7,000 -.  4,00,000

  ● Instant loan application through online loan application

  Easy EMI options ranging from 62 days to 18 months

  ● No guarantor or collator is needed

  100% paperless loan application

  ● Pay slip is not required

  ● No Foreclosure Charges

  The loan is immediately credited to the bank account

  ● Repay debt through various payment channels

4.Paysense

App link.

https://play.google.com/store/apps/details?id=com.gopaysense.android.boost

About this app

Get a personal loan of up to ₹ 5 lakh.  Best Instant Loan App in India.

PaySense offers instant personal loans from Rs 5,000.  5,00,000 on loan with an annual interest rate (APR) of between 16% and 36% (on a balancing basis).

 The loan is given for a period of 3 months to 60 months.

Want to get a personal loan?  PaySense is a personal loan app that offers instant personal loans up to ₹ 5 lakh at attractive interest rates, zero collateral and flexible EMI.

Personal loan eligibility

 👉You should fulfill the following criteria on the online personal loan app:

 👉 A resident of India

 👉Between 21 and 60 years

 👉 Salaried employees with a minimum monthly salary of * 18,000 *

5.MobiKwik

App link.

https://play.google.com/store/apps/details?id=com.mobikwik_new

About this app

Instant Loans Get instant personal loans of up to ₹ 5 lakh online.  Interest rates from 12% -30% per annum with a tenure of 6 months - 36 months.  Standard processing fees vary from 1-2%.

Example: Loan amount: ₹ 50,000

Rate of interest (APR): 16% p.a.

Total interest paid: ₹ 4444 (EMI: ₹ 4537)

Processing fees (2%): ees 1,500

6.Moneytap

App link..

https://play.google.com/store/apps/details?id=com.mycash.moneytap.app

About this app

Urgent loan for salaried employees - Minimum salary = ₹ 30,000 per month.

Best Instant Personal Loan App in India - Get up to ₹ 5,00,000 and pay interest on the exact amount withdrawn from your MoneyTap balance.

Get online personal loan with zero collateral.  Interest rates for 3 to 36 months start at a minimum of 13% per year *.  We offer you the benefits of personal loans and credit cards in an instant and easy way.

 For salaried employees only!  Minimum salary = ₹ 30,000 per month.

 If you need money, consider MoneyTap as your first choice for a loan.  Instant personal loan and fastest approval.

Features

👉 100% paperless process, no bank goes

👉You can use any amount from your available credit line

  UP Make UPI transactions directly from your credit line

  Required documents

👉Aadhaar Number

Identity proof (Driving License / Voter ID / Passport / Aadhaar / PAN)

👉Address Proof (Driving License / Voter ID / Passport / Aadhaar / Utility Bill / Bank Statement)

👉 Original passport photo / selfie

  You can get a personal loan online on the Aadhaar card.  E-sign your application with.

7.Money view Loans

App link..

https://play.google.com/store/apps/details?id=com.whizdm.moneyview.loans

About this app

Money View Loan - Easiest and fastest instant personal loan app in India!

On our instant paperless loan app, you can borrow any amount ranging from ₹ 10,000 to ₹ 5 Lakhs!  Our annual interest rates (APRs) vary from 18% to 39% * and you can choose from a wide range of flexible EMI repayment plans starting from 3 months up to 5 years.

For example, a loan of ₹ 50,000 with an annual interest rate (APR) of 24% and a repayment period of 12 months, processing fee is ₹ 1,750 + ₹ 315 GST (no additional charge) with a monthly EMI of ₹ 4,728.  The disbursed amount is ₹ 47,935.  The total interest is ₹ 6,736.  The total loan repayment amount is ₹ 56,736.

Eligibility

Money View Loans is the best loan app in India which is our proprietary credit model that allows us to look beyond your credit score or history and better understand your financial profile.  In return, this leads us to the best personal loan offer.

Features

  👉 Check your eligibility and get a custom loan offer within minutes

  👉Personalize your loan offer according to your needs and lifestyle

  👉 Get the loan amount deposited directly in your bank account

  From application to loan repayment, it's all on the app

  👉Available in over 5000 locations across India

8.Flexsalary

App link..

https://play.google.com/store/apps/details?id=com.flexsalary

About this app

FlexSalary provides instant personal loans up to ₹ 2,00,000 for salaried individuals in India with the following -

  • Annual Percent Interest Rate (APR) - Maximum 36%

  Tenure - 10 months to 36 months

  • Lump sum processing fee ₹ 300 - ₹ 750 (including GST): will be applicable only in case of new customer at the time of first withdrawal.

  • Late fee - ₹ 0

  • Bounce Check Fee - ₹ 0

  • Pre-payment penalty - ₹ 0

  • Line Usage Charge - ₹ 150 + GST ​​is applicable only if the credit line is kept active after partial payment of the balance of ₹ 10,000

  Payment example *: For a loan amount of 50,000 approved at 33% interest for a period of 10 months, the total sum of all payments will be 58,805.  This maximum APR is 35.47 percent.

  • Approved loan amount = ₹ 50,000

  • Loan period = 10 months

  • Sum of all payments = ₹ 57,605

  Principal = ₹ 50,000

  One time processing fee = ₹ 750

  Total interest amount = ₹ 6,855

Eligibility criteria

  To be eligible for a FlexSalary instant cash loan without documents, you must:

  Must be an Indian citizen

  • Should be a salaried person and minimum salary ₹ 8,000.  Should be

  • Must be over 21 years of age

  Documents required 

  • Identity proof (Aadhaar / Driver's license / Passport / Voter ID card)

  • pan card

  • Address proof (driving license / utility bill / Aadhaar / passport / bank details /

  Voter ID card)

  • Photo with applicant's face clearly visible (you will be prompted to take a selfie or upload a photo)

  • Net banking verification to verify your income

9.LoanTap

App link..

https://play.google.com/store/apps/details?id=in.loantap.app

About this app

Fast, Flexible, Friendly Loans for Salaried Professionals!

Take advantage of LonTap's customized personal loan in 24 hours *.  You can enjoy flexible repayment plans that are best suited to reduce your monthly EMI.

Minimum salary required = Rs.  30,000 / month

LoanTap offers personal loans for a period between 3 months to 60 months.  Our loans are both short term and long term with a minimum repayment period of 6 months (for long term loans), after which the loan can be closed at no charge!

On LoanTap, we loan between INR 25,000 to INR 10,00,000.  Our interest rates start at 18% and go up to 30% per year depending on the products, personal circumstances, credit evaluation procedures and other related factors.  We charge a processing fee of 2% + applicable taxes;  On the approved gross loan amount.

  For ₹ 1,00,000 taken for 36 months, with an interest rate @ 18% per year *, a user will pay:

  👉Processing fee (@ 2%) = ₹ 2,000 + GST ​​= ₹ 2,360

  👉Interest = ₹ 30,140

  👉 EMI = ₹ 3,615

  Total amount to be repaid after 36 months = ₹ 1,30,140

Eligibility criteria for loan application

 

 👉 Individuals with a minimum income of Rs 30,000

  👉Indian citizens / residents who are 21 years and above

  One App - Multiple Loan Solutions:

  LoanTap offers unique / flexible credit products like EMI Free Loan, Personal Overdraft Loan, Advance Salary Loan, Personal Loan, Wedding Loan, Holiday Loan, Credit Card Takeover Loan, Premium Bike Loan, Rental Deposit Loan, House Owner Loan, Medical Loan  .  Auto loan and short term credit line.

10.EarlySalary

App link..

https://play.google.com/store/apps/details?id=com.earlysalary.android

About this app

 Early Salary is the most innovative personal loan app for salaried professionals.

  Loan ₹ 3,000 to ₹ 500,000.  Till then

  Tenure: 90 days to 24 months.  Interest rates range between 0% -30% per year, depending on the product received.

  Example: If the loan amount is ₹ 50,000 and interest is 20% pa with a period of 12 months, then a processing fee of ₹ 1250 will be charged.

  The interest for 12 months will be ₹ 5581.  The EMI per month will be ₹ 4632.  It will transact at a maximum of 22.5% APR

  Arlisleri Group owns "Arlisleri Services Private Limited", formerly known as Ashish Securities Private Limited.  Ltd. ", an NBFC duly registered with the Reserve Bank of India.

  Salaried professionals with a salary of more than ₹ 15K can now get instant personal loans ranging from ₹ 8,000 to ₹ 5 lakh on the app and cash in their bank account in 10 minutes @ just ₹ 6 / day *.

eligibility criteria

  👉Salaried person

  👉Above the age of 21

  👉Minimum take-home salary ₹ 15K per month

  👉Ahmedabad, Bangalore, Bhubaneswar, Chandigarh, Chennai, Delhi and Delhi NCR, Hyderabad and Secunderabad, Indore, Kolkata, Mumbai, Nagpur, Navi Mumbai, Pune, Surat, Thane, Thiruvananthapuram, Vadodara, Vijayawada and Visakhapatnam.

Required documents

  Arlisleri aims to become one of the most user-friendly instant personal loan app in India.

  👉pan card

  👉Aadhar Card

  👉Salary Account Bank Details