If you need ₹20,000 urgently, instant personal loan apps like Moneyview, KreditBee, PaySense, CASHe, Fibe, RapidRupee, VIVA Money, LazyPay, True Balance, and Olyv offer quick loans with minimal documentation. You can apply online, and once approved, the money is typically credited to your bank account within a few hours.

Features & Benefits of Instant Loan of ₹ 20,000

1. Moneyview

  • Loan Amount: ₹5,000 to ₹10 Lakhs
  • Interest Rate: Starts at 10% per annum
  • Tenure: Flexible tenure options
  • Features:
    • 100% digital process, no paperwork
    • Quick approval and money disbursed in minutes
    • Eligibility checked in just 2 minutes
    • Minimal documentation required (PAN, Aadhaar, and bank statements)

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2. KreditBee

  • Loan Amount: ₹1,000 to ₹5 Lakhs
  • Interest Rate: 17% - 29.95% per annum
  • Tenure: 3 to 36 months
  • Features:
    • 100% online process, with instant approval
    • Disbursal within 10 minutes after approval
    • No physical verification required
    • Direct transfer to your bank account

3. PaySense

  • Loan Amount: ₹5,000 to ₹5 Lakhs
  • Interest Rate: 14% - 36% on reducing balance
  • Tenure: 3 to 60 months
  • Features:
    • Simple 2-minute signup
    • Easy to track loan status via the app
    • Quick disbursal after approval
    • EMI calculator available for easy budgeting

4. CASHe

  • Loan Amount: ₹1,000 to ₹4 Lakhs
  • Interest Rate: Varies based on tenure (2.25% to 3.71% per month)
  • Tenure: Up to 540 days (1.5 years)
  • Features:
    • Quick 15-20 minute disbursal process
    • Minimal documentation required (KYC and bank details)
    • Available for salaried individuals
    • Flexible repayment options

5. Fibe (formerly EarlySalary)

  • Loan Amount: ₹8,000 to ₹5 Lakhs
  • Interest Rate: Based on profile and tenure
  • Tenure: 3 to 36 months
  • Features:
    • 100% digital and paperless process
    • Minimal documentation (PAN, Aadhaar)
    • Instant money transfer to bank account
    • Flexible repayment options

6. RapidRupee

  • Loan Amount: ₹1,000 to ₹20,000
  • Interest Rate: 12% to 36% per annum
  • Tenure: 3 to 12 months
  • Features:
    • No credit score required for approval
    • Approval in just 30 minutes
    • Processing fee starting at ₹349
    • Quick and easy to apply

7. VIVA Money

  • Loan Amount: ₹5,000 to ₹2 Lakhs
  • Interest Rate: 18% to 36% per annum
  • Tenure: Flexible options
  • Features:
    • Revolving line of credit
    • Instant money transfer to your bank
    • Minimal paperwork and quick approval
    • User-friendly app interface

8. LazyPay

  • Loan Amount: ₹3,000 to ₹5 Lakhs
  • Interest Rate: 15% to 32% per annum
  • Tenure: 3 to 60 months
  • Features:
    • Instant loans with zero physical documentation
    • Paperless and fully digital process
    • Money transferred instantly upon approval
    • Suitable for salaried and self-employed individuals

9. True Balance

  • Loan Amount: ₹5,000 to ₹1.25 Lakhs
  • Interest Rate: Starts from 2.4% per month
  • Tenure: 3 to 12 months
  • Features:
    • 100% online and paperless process
    • Quick approval and money credited instantly
    • Minimal documentation (Aadhaar and PAN)
    • Multiple repayment options available

10. Olyv

  • Loan Amount: ₹1,000 to ₹5 Lakhs
  • Interest Rate: Starting at 1.5% per month
  • Tenure: Based on your loan amount and profile
  • Features:
    • 100% digital loan application
    • No collateral or guarantor required
    • Quick approval and direct bank transfer
    • No hidden fees or charges