Instant Loans or Salary Day Loans are your best bet to get an Rs.1000 loan fast.
There are a number of instant loan apps in India.
Loan App |
Interest Rate per month |
Loan Amount |
Kreditbee |
1.02% |
Rs. 1,000 to Rs. 2 Lakh |
Cashbean |
2.75% |
Rs. 1,500 to Rs. 60,000 |
Cashe |
1.50% |
Rs. 10,000 to Rs. 2 Lakh |
NIRA |
2% |
Rs. 5,000 to Rs. 1 Lakh |
MoneyTap |
1.08% |
Rs. 35,000 to Rs. 5 Lakh |
PaySense |
1.33% |
Rs. 5,000 to Rs. 5 Lakh |
LoanTap |
1.50% |
Rs. 50,000 to Rs. 10 Lakh |
Early Salary |
2% |
Rs. 8,000 to Rs. 5 Lakh |
The majority of instant loan applications are entirely online. You must first log in to their website and enter your mobile number, name, and PAN information. The loan is processed and authorised in a matter of minutes. The loan balance is then immediately transferred to your account. These loans can be useful when you are in a bind and need urgent funds.
Other Options To Get Rs.1000 Instant Loan
The other best option is to borrow from family and friends. Rs.1000 is not a big amount and they will be ready to lend it to you. What’s more? You won’t have to pay interest on this amount. You can repay them a little late and they won’t charge you any late payment charges. It is instant cash in your hands.
Remember:
Rs.1000 is a very small amount and you shouldn’t need to borrow it from others if you are a disciplined money manager. Have a fallback savings account where you save for such emergencies so that you don’t have to run behind loan apps or family well-wishers to help you in such times.