10 Best Small Credit Loan Apps In India

The finance industry has gone through a complete makeover with digitalization that has a widespread complication. It also decides on how companies in that sector run their business. New technologies are enabling banks, insurers, and other established financial service companies to stop their operations and identify the various ways of serving clients. 

In the era of digitalization in the finance industry, small loans apps have emerged as a game changing solution for quick and convenient financial assistance. These small loan service providers are of great help for customers with low credit scores by giving them instant loans with minimal documentation and hassle-free process. In case of emergency and situations of cash shortage these loans offer easy accessibility and flexibility. The loan process is smoothened with the digital lending platforms. Moreover, they help individuals access and manage their financial needs easily. 

These loan apps have the tag of flexible repayment options in them. One of the notable points in all these credit loans is that they are disbursed within a matter of minutes and credited directly in your bank account. The following is the list of top 10 small credit loan apps that provide you with fast and easy loans. 

List of Small Loan apps in India 2025 

In 2025, several small loan apps in India offer quick financial assistance to individuals in need. These apps provide instant loans with minimal documentation, catering to salaried professionals, students, and self-employed individuals. Below is a list of the top small loan apps in India, along with their interest rates, loan amounts, and repayment tenure.

Disclaimer: The listings stated here is in no specific order.  

Key Features & Benefits of Best Small Loan Apps in India

1. mPockket 

One of the excellent choices is available for students, working professionals, and self-employed looking for quick and small loans. It is one of the fastest and most convenient loans available. With minimal documentation and simple application process, mPockket offers them loan in the range of Rs.1000 to Rs.5,00,000. 

Key Features: 

• Loan Amount: Rs. 1000 to Rs. 5,00,000 

• Interest Rate: Up to 48% p.a.

• Tenure: 61 days - 12 months 

• Quick Approval within 7 months 

• 100% Digital Process 

• Direct Bank Transfer 

• Flexible Tenure 

Unique Selling Point: 

The key feature of the loan is it is available for individuals without any credit score or collateral. This makes it popular among students who can take this loan within to take care of tuition fees expenses. 

2. Moneyview 

Moneyview is a digital platform that provides loans for all. The app makes use of advanced algorithms and machine learning to provide instant personal loans to individuals. The app takes into account the income, transaction history and digital behavior of the individual to assess the creditworthiness. The loan is provided at competitive interest rates and users can enjoy a seamless digital experience.  

It takes advantage of technology to offer various tailored financial products. This could be in the form of loans through various lending partners. With this loan you can easily avail loan of Rs. 10 Lakhs within 10 minutes. 

Key Features: 

• Loan Amount: Avail loan from Rs.5,000 to Rs.10,00,000 

• Interest Rate: Economical Rate of Interest of 14% Annually 

• Tenure: 3 months to 60 months 

• 100% Transparent Terms and Conditions 

• Hassle-free and Easy to Use loans 

• Loan eligibility check in 2 minutes 

Unique Selling Point: 

• Any financial emergencies can be addresses within a matter of minutes with Moneyview. One of the notable aspect of the loan is the minimal documentation of PAN, Selfie, and mobile number is an attractive aspect of the loan. 

3. KreditBee 

KreditBee is a platform that facilitates loan transactions between borrowers and personal loan providers like the NBFCs and Banks. All the loan applications are approved and sanctioned by NBFCs and Banks that are registered with the RBI. The details are stated in the loan application. The funds you get from the personal loan can also be used to buy groceries, pay utility bills, any unforeseen expenditure, and so on.  Excellent solution for salaried and self-employed professionals in need of financial assistance. 

The app uses advanced technology and alternative credit scoring methods to provide quick, collateral-free loans. By analysing multiple data points including social media profiles, professional networks, and financial behaviour, KreditBee offers personalized loan solutions to users with limited credit history. 

Key Features: 

• Loan Amount: Available from Rs. 6,000 to Rs.10 Lakh 

• Interest Rate: 12% - 28.5% p.a.

• Tenure: Repayable within 6 to 60 Months. 

• Loan disbursal in 10 minutes 

• Available 24 x 7 

• 100% Digital Process 

• Hassle-free documentation 

• Transparent Processing Fees ranging from R.65 to Rs.5500 

Unique Selling Point: You can use the Kreditbee Personal Loan amount according to the repayment plan that works for you. 

4. CashE 

CashE App provides instant personal loans to salaried individuals to fulfill your each and every need. The app uses unique scoring method while granting loans that goes beyond the traditional credit scoring. It analyses various social media profiles, professional networks, and the digital behaviour followed by the individual to assess the creditworthiness.  

These loans are designed with hassle-free documentation to help you live your life to the fullest. The documents that are required for the loan are: Photo ID Proof, Address Proof, and Salary Proof. As this loan is an unsecured one, there is no need to provide any collaterals for the loan. 

Key Features: 

• Loan Amount: Available from Rs.45,000 to Rs. 3,00,000 

• Interest Rate: Rate of Interest from 2.79% to 3%  

• Tenure: Repayment Tenure 9 Months to 1.5 years 

• Loan Disbursal within 20 minutes. 

• 100% Digital Process 

• Apply for the loan from anywhere 

• Immediate disbursal of the loan amount 

Unique Selling Point: 

• Access Anywhere with Internet Connectivity 

• Loan Gets Disbursed to Your Account on Approval 

5. Fibe 

Fibe App is used by individuals, manage their finances, loans and credit. The loan can be availed by salaried, self-employed, students, and others. This mobile App is a great way for convenient, quick, and reliable way to manage personal finances, improve credit scores, and much more. The repayment process is simple allowing users to pay their loans in installments based on their financial situation. 

Key Features:  

• Loan Amount: Loan amount is available upto Rs.5,00,000 

• Interest Rates: Interest Rates is available from 16% p.a.

• Tenure: Repaying Tenure can be from 3 to 36 months 

• Minimal Documentation 

• Quick Disbursal 

• Low Interest Rates 

• No Hidden Charges 

• 100% Digital Process 

Unique Selling Point:  

• No Foreclosure Charges 

6. LazyPay 

A subsidiary of PayU and is offering personal loan through an app-based platform. Through this platform, it helps hundreds of people to meet their personal loan requirements. You can take personal loan as low as Rs.10,000 to meet medical emergencies, home renovations, or a travel vacation plan. The amount will be disbursed in your account instantly and can be repaid within a tenure of 3 to 24 months. 

Key Features: 

• Loan Amount: Loan Amount is available Upto Rs.1,00,000 

• Interest Rates: Starts at 15% p.a 

• Tenure: Repayable within 3-24 months 

• 100% Transparent Process 

• Quick Approval 

• Get Instant Credit within 90 seconds 

• 2% Processing Fees 

• Use LazyPay in more than 250 Online Merchandise Stores 

• Minimal Documentation 

• Easy Access to Money within 24 hrs 

Unique Selling Point:  

• Has Tie-ups with more than 250 Online Merchandising Platforms 

• Shop Now and Pay Later Option is a huge takeaway for customers 

7. MoneyTap 

Money Tap is an app-based credit loan app that is in tie-up with banks and NBFCs and procures loans to individuals at the best available rates. The banks and financial institutions tied up with Money Tap are governed by the RBI and compliant with regulations. The loan is provided with minimal documentation in a 100% digital process and disbursed within seconds. The loan can be used by all salaried employees and self-employed professionals. 

Key Features: 

• Loan Amount:  Get from Rs. 3000 to Rs. 5,00,000 

• Interest Rates: Depends on the Partner Bank and the Credit Profile. Can be secured for as low as 1.25% p.a.  

• Tenure: Flexible Tenure of 3 months to 36 months 

• Get loan amount within seconds 

• Loan without Collaterals 

• Quick Online Support 

• Lifetime Access to Credit 

• 100% Safe and Secure 

• Upto 7% + Service Tax is charged as Processing Fee 

Unique Selling Point:  

• Quick Online Support is available.  

• Interest is charged only on the amount you use and when you choose to use it. 

8. InCred 

Incred is one of the best-known digital financial services platforms. They provide loans to salaried or self-employed professionals on flexible terms and conditions. The platform offers personal loans, educational loans, and other credit products. The app provides technological solutions and various credit assessment methods to give personalized loan solutions. The interface is user friendly making it easier for the underserved section of society to easily navigate it. The borrowing process is made simpler with instant approvals and minimal documentation. The interest rates are competitive with flexible loan options to address various financial needs. 

The app leverages advanced technology and alternative credit assessment methods to provide personalized loan solutions. InCred focuses on financial inclusion by extending credit to individuals who might be underserved by traditional banking systems. 

Key Features: 

• RBI registered NBFCs 

• Paperless Process 

• 15-minute disbursal on loan approval 

• No Collateral Required 

• Complete Digital Verification Process 

• Amount Gets Transferred in Bank 

• Loan Amount: Rs.10,000 to Rs.10,00,000. 

• Interest Rates: Can be secured @13.99 p.a  

• Tenure: Flexible repayment tenure within a span of 5 years. 

Unique Selling Point: 

• Higher loan amount available at a lower interest rate repayable on a flexible repayment tenure. 

9. Bajaj Finserv 

Bajaj Finserv Flexi Personal Loan comes as a flexible and convenient option that is designed for individuals to address their personal needs. Some of the expenses that can be handled through the Flexi personal Loan include medical expenses, travel, home renovations, or debt consolidation. You can repay the loan in a quick and easy application process in a tailormade repayable structure designed based on your requirements. The greatest advantage of this loan is that you can pay interest only for the amount you withdraw, that gives you the flexibility to manage repayments. The loan comes with a competitive rate of interest, flexible tenures, and minimal documentation. The entire process is digitally made giving customers a unique experience to get access to funds quickly. Any individual working in public, private or MNC with a credit score of 685 and above can go in for the Bajaj Finserv Flexi Personal Loan. 

Key Features: 

• Loan Amount: Quick personal loans from Rs.20,000 to 55 Lakhs 

• Interest Rates: Ranges from 10% to 31% p.a. 

• Tenure: Ranging from 2 years to 8 years 

• No Hidden Charges 

• Amount Credited in Bank Account on the same day of Loan Approval 

• No Collateral Needed 

• Quick Approval in 5 minutes 

• Minimal Documentation Required 

• Processing Fees: Upto 3.93% of the Loan Amount 

Unique Selling Point: 

• No Foreclosure charges. Likewise, you can make as much part-payment as much possible. 

• Interest payable only for the amount withdrawn by you. 

10. Navi 

Navi is a comprehensive digital loan app that offers instant credit loans to consumers. The app uses advanced technology to provide quick and easily accessible financial solutions. The app clearly assesses the creditworthiness of the loan using various credit scoring methods. This enables them to quickly disburse the loans for a diverge range of users. The platform takes care of transparency, user experience, and financial inclusion to offer loans at the most competitive rates with minimal documentation. With a complete digital process through mobile the app makes sure that financial services can be accessed by the economically weaker section of society. 

Key Features: 

• Loan Amount: Quick personal Loan from Rs.20,000 to Rs. 2,00,000 

• Interest Rates: Starting as low as @9.90 p.a. 

• Tenure: Repayment Tenur ranges from 3 months to 72 months 

• 100% Digital Process 

• Instant Approval 

• Quick Disbursal 

• Processing Fees of Rs. 7,500 

• KYC verification with PAN and Aadhar Card 

• Minimal Documentation 

Unique Selling Point: 

• No Foreclosure Charges 

• Repayment at Your Convenience 

Unique Features of Small Loan Apps 

Small loan apps have become a way of providing instant, convenient, and flexible financial solutions. These apps come with a range of benefits especially for individuals who are on the lookout for quick financial solutions due to a sudden financial contingency. The following are some lists of benefits that come with these apps.  

• Quick and Easy Application: Most of the small credit loan apps are available in the play store section of an Android phone. They can be easily downloaded onto mobile devices within a matter of seconds. 

• Minimal Paperwork: Entire world is spinning in global warming. These apps make the loan application process, KYC verification in a digital manner. Avoiding the time-consuming process with paperwork makes the loan approval hassle-free. 

• Flexible Repayment Options: The repayable process of the loan is flexible. You can repay the loan with flexible tenures and at the same time you can pay it in easily manageable installments. 

• Minimal Loan Amounts: The loan that is given through these applications is minimal. This is great for those who are in need of quick access to funds and is ideal for short-term financial needs without the need for large loans. 

• Minimal Documentation: Users are usually required to submit just a few documents, such as proof of identity, address, and income, making it a simple process compared to traditional loans. 

• No Collateral Required: Shorter-term loans are unsecured loans making it risk-free on the part of the borrower as they need not pledge anything to secure the loan. 

• 24/7 Access: The loan is available to individuals around the clock, borrowers can apply for loans enabling flexibility for people with uncertain schedule. 

• Credit Score Building: Repayments of the loan is reported to Credit Bureaus by these apps enabling you to have a positive impact on your credit score. Even individuals with no credit history can apply for loans through these apps, enabling you to have financial inclusion. 

• Favorable Terms and Interest Rates: The interest rates that are awarded through these apps are flexible and minimal. By making the fees and charges upfront these apps advocate the element of transparency and helping users to make better financial decisions. 

Conclusion 

With the rise of digital lending platforms, borrowing small amounts have always been easier. These 10 best Small Credit Loan Apps in India comes with a certain set of features backed with flexible repayment options and quick approvals to help you in financial crisis or contingencies. When choosing a mobile credit loan app make sure you review their terms and conditions, interest rates, and loan tenures to find the one that suits your financial requirements. 

FAQs on Small Loan Apps

1. What is a small credit loan app? 

A small credit loan app is an application that allows you to take small loans with flexible terms and conditions. 

2. How do I apply for a loan through the app? 

You can apply for the loan through the app by filling out application forms and submitting required documents for verification. 

3. What are the eligibility criteria for a small credit loan app? 

The general eligibility criteria for all the apps include that the individual needs to be 18 years old, having a steady source of income with valid documentation. 

4. How long will it take to get loan approvals? 

Most of the loan applications get processed within a day with valid documents. There are app providers who disburse the loan within a span of 10 minutes on loan approval. 

5. Are there any fees associated with taking small loans? 

Yes. There could be some application fees, processing fees, late payment fees, interest charges, and so on. You need to read the offer terms and conditions to get a clear idea about the loan. 

6. Name some of the general documents that need to be submitted to avail these short loans. 

The documents that are required might vary between loan app providers. But in general, most of the loan app providers will ask for ID proof, address proof, and a proper source of income. 

7. Can I get a loan from a small credit loan app with a low credit score? 

These credit loan apps follow a unique way of deciding the credit worthiness of an individual. Though Low credit score might hamper you to get loan, still there are small loan app provider who award loans to individuals with low/no credit scores. 

 

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.