Best Loan Apps in India: A Comprehensive Guide (2025) - My Best India

Best Loan Apps in India: A Comprehensive Guide (2025)

Are you looking to borrow money quickly and easily? The world of personal loans is shifting rapidly, and in 2025, more and more people are turning to loan apps to meet their financial needs. Whether it’s for an emergency, a big purchase, or covering unexpected expenses, these apps make it easier than ever to get a loan on your terms.

But here’s the catch: With so many loan apps available in India, choosing the right one for your needs can feel like a daunting task. Which one has the best interest rates? What’s the loan amount you can apply for? How fast is the approval process?

Don’t worry. We’re about to break down some of the best loan apps in India in 2025. You’ll get a complete look at their features, loan amounts, interest rates, and everything you need to make a confident decision. So whether you’re looking to borrow a small sum or need a significant amount, this guide has you covered.

Let’s dive in!

Top Personal Loan Apps in India (2025)

Here are some of the best loan apps in India, based on user ratings, features, loan amounts, and more. Let’s dive in:

1. Moneyview

  • Loan Amount: ₹5,000 to ₹10 lakh
  • Interest Rate: Starts at 10%
  • Tenure: Up to 60 months
  • App Rating: 4.7/5
  • Highlights: Fast disbursal, paperless process, flexible repayment options.

Moneyview is a popular choice for personal loans in India due to its quick and easy process. The app offers fast disbursal and a completely paperless process, making it incredibly convenient for users. With loan amounts ranging from ₹5,000 to ₹10 lakh and flexible repayment options, Moneyview caters to a wide range of needs. It’s especially known for its user-friendly interface and high app ratings.

2. IndiaLends

  • Loan Amount: ₹15,000 to ₹50 lakh
  • Interest Rate: Starts at 10.25%
  • Tenure: 12 to 60 months
  • App Rating: 4.0/5
  • Highlights: Minimal documentation, instant disbursal within 48 hours, no hidden charges.

IndiaLends stands out for its minimal documentation requirement and the promise of instant loan disbursal. The loan amount range of ₹15,000 to ₹50 lakh makes it a suitable choice for borrowers with varying financial needs. Moreover, the app ensures complete transparency, with no hidden charges, making it a reliable choice.

3. KreditBee

  • Loan Amount: ₹1,000 to ₹4 lakh
  • Interest Rate: Up to 29.95%
  • Tenure: Up to 24 months
  • App Rating: 4.5/5
  • Highlights: Quick processing, user-friendly interface.

KreditBee is known for its quick processing and ease of use. With loan amounts ranging from ₹1,000 to ₹4 lakh, it is a great option for smaller loan amounts. While the interest rate can go up to 29.95%, it’s ideal for those who need a fast loan with a short repayment period.

4. Dhani

  • Loan Amount: ₹1,000 to ₹15 lakh
  • Interest Rate: Starts at 13.99%
  • Tenure: 3 to 24 months
  • App Rating: 3.3/5
  • Highlights: Instant disbursal, completely online application process.

Dhani is another notable loan app that provides loans from ₹1,000 to ₹15 lakh. Its quick disbursal and online process make it a convenient option for many users. However, the app’s rating is slightly lower compared to others, which may be due to user experiences with its interest rates and repayment flexibility.

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5. Bajaj Finserv Experia App

  • Loan Amount: Up to ₹25 lakh
  • Interest Rate: Starts at 13%
  • Tenure: Up to 5 years
  • Highlights: Pre-approved loans with funds disbursed within 24 hours.

Bajaj Finserv is known for its reliability and large loan offerings. If you need a larger loan amount (up to ₹25 lakh), this app can be a great choice. With pre-approved loans and fast disbursal, Bajaj Finserv offers a seamless experience for borrowers.

6. HDFC Loan Assist App

  • Loan Amount: Up to ₹40 lakh
  • Interest Rate: Starts at 11%
  • Tenure: Up to 6 years
  • Highlights: Easy access for pre-approved applicants, quick processing.

HDFC’s Loan Assist app offers large loan amounts of up to ₹40 lakh, with competitive interest rates starting at 11%. It also boasts fast processing and easy access for pre-approved applicants, making it a solid choice for those looking for larger loans.

7. PaySense

  • Loan Amount: ₹5,000 to ₹5 lakh
  • Interest Rate: Varies by profile
  • Tenure: Up to 60 months
  • App Rating: Not specified, but popular among users.
  • Highlights: Flexible repayment options, large user base.

PaySense is an excellent option for borrowers who are looking for small to medium-sized loans. While the interest rate varies depending on the borrower’s profile, it offers flexible repayment options and is popular for its large user base.

8. Navi

  • Loan Amount: Up to ₹20 lakh
  • Interest Rate: Starts at 9.9%
  • Tenure: Up to 72 months
  • App Rating: 4.3/5
  • Highlights: Competitive rates, quick approval process.

Navi offers one of the lowest interest rates in the market, starting at just 9.9% per annum. With a loan amount range of up to ₹20 lakh and an extended tenure of up to 72 months, Navi is an excellent choice for borrowers seeking competitive rates and quick approval.

Best Loan Apps Based on Interest Rates

As of January 2025, the loan app with the lowest interest rate is Navi, with rates starting at 9.9% per annum. Other notable apps with competitive rates include:

Loan AppInterest Rate (Starting From)
Navi9.9%
Moneyview10%
Bajaj Finserv13%
LoanTap12%

These apps not only offer competitive rates but also various repayment options and loan amounts, catering to diverse financial needs.

Best Loan Apps Based on Loan Amount

If you are looking for a higher loan amount, some loan apps stand out by offering more substantial financial support. The app offering the highest loan amount is ICICI Bank, which provides personal loans of up to ₹50 lakh. Here’s a quick comparison of apps with the highest loan limits:

Loan AppLoan Amount
ICICI Bank₹50 lakh
Bajaj Finserv₹25 lakh
Tata Capital₹35 lakh
InCred₹7.5 lakh

If you need a larger loan, these apps are the best places to start.

Conclusion

Choosing the best loan app in India depends on your individual financial needs, loan amount, interest rate, and repayment flexibility. As of 2025, Navi is a standout app with low interest rates and competitive loan amounts, while ICICI Bank is the leader in terms of loan amounts.

Here’s a brief recap of what makes each app unique:

  • Moneyview: Quick disbursal and paperless process.
  • IndiaLends: Minimal documentation and instant disbursal.
  • KreditBee: Ideal for small loans with fast approval.
  • Dhani: Convenient online application process.
  • Bajaj Finserv: Large loan amounts with fast disbursal.
  • HDFC Loan Assist: Great for pre-approved applicants.
  • PaySense: Flexible repayment options and a broad user base.
  • Navi: Competitive rates and large loan amounts.

Ultimately, your best loan app depends on your preferences, loan requirements, and repayment ability. Make sure to compare the options before making a decision!

Let us know in the comments if you’ve tried any of these apps, and share your experience with us!

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