Do you often get out of cash in the middle of the month?

Do you often get out of cash in the middle of the month?

3. EarlySalary

And are worried about meeting the expenses for the rest of the month? EarlySalary gets you covered when the next payday is far away. A unique personal loan app for salaried professionals, this app provides a loan amount up to ? 5,00,000 for all your needs.

The Pune-based fin-tech start-up also allows you to pay back the loan in easy EMIs within 24 months. Gaining popularity among the young generation, EarlySalary raised ? 100 crores in series B payday loans Mount Pleasant Ohio funding led by Eight Roads Ventures and IDG Ventures India.

4. Nira

Nira is also one great money lending app in India. After you download the app, you can determine if you qualify for the loan in just 3 minutes. If you are eligible, you are given a credit line of ? 1,00,000. You can withdraw about ? 5000, or more anytime you need the money and payback in easy installments in 3 to 24 months.

The best part is that you don’t need to have a high credit score to apply. So, if you need some money urgently, Nira is a good option. The app had picked up $1 million in seed funding.

5. KreditBee

Amongst the many loan apps built to help young professionals, KreditBee is one of the best online loan apps in India . You can borrow an amount as little as ? 1000 and as much as ?2 lakh. Anyone above 18 years and earning at least ? 10,000 per month can download the app and apply for the loan.

The entire process happens on the app, and there is no need for physical verification. After uploading the necessary documents, you need to wait for verification and approval. Once approved, the loan amount is directly credited to your bank account. This app is highly rated and a favourite among young professionals.

6. Credy

Credy is a fantastic instant loan app in India that can help you meet your financial needs like furnishing your home, paying your credit card bill, etc. Credy has no hidden charges and you do not need a guarantor or collateral to apply for a loan.

To take a loan from Credy, all you need to do is download the app, meet their eligibility requirements, upload the documents they ask for, and you are good to go! The loan repayment schedule is also flexible because it allows borrowers to choose tenure between three to 12 months. They offer loans to salaried employees earning at least ? 15,000 in Bangalore, Chennai, Pune, Mumbai, and Hyderabad.

7. mPokket

It is not uncommon for college students to run out of money. And so, the makers of mPokket came up with a special app to ensure that no college student has to borrow from friends anymore. This personal loan app is specially designed for college students and provides pocket money to students.

You need to download the app, fill in all the necessary details, and once your application is approved, the money is credited directly to your bank account or Paytm Wallet. The initial amount that is approved is ? 500, and the credit line keeps on increasing with regular usage and timely payments. The repayment tenure is from 2 to 4 months.

8. Dhani

Backed by Indiabulls Ventures, this is also one of the top loan apps in 2022 in India. Dhani lets you apply for a personal loan anytime, anywhere, and for any reason. With no physical documentation, you can get an unsecured loan in no time. All you are required to do is download the app and provide your PAN, Aadhar number, and address for verification.