The market of online lenders has been expanding in India. Every day, new lenders are coming into the competition. If you are looking for a quick loan, they could present you with suitable options. Some of them, such as StashFin or PaySense, are among the top.
If you are looking for such lenders to get a loan, this is the right place to start. We will discuss few creditors who could offer you a loan on easy terms. Let's check them out.
StashFin
StashFin could be considered one of the best personal loan app in India. Why? Because it has quick approval, requiring minimal documentation and transparent pricing.
You get a loan amount up to Rs 5 lakhs.
The rate of interest begins at 11.99%P.A depending upon your profile.
The loan term is a minimum of up to 3 months. The maximum term is three years.
The processing fee could go up to 10% of the loan amount.
Types of StashFin personal loan Here is the customized loan StashFin has to offer.
Marriage loan
Shopping loan
Personal loan for salaried and self-employed individuals
Laptop loans
Consumer durable loan
Holiday day
Home renovation loan
Mobile loan
Kreditbee personal loan Kreditbee is a digital lending platform pioneered in offering online loans. It is among the best personal loan app in India.
You will get a loan amount of up to Rs 2 lakhs.
The interest rate starts at 1.02% per annum.
The loan term is a minimum of 2 months and a maximum of 15 months.
The processing fee is up to 6% of the loan amount.
The convenience charge is 1.90% of the loan amount.
The late payment charge could be up to 0.15% of the principal loan amount.
Types of Kreditbee loans Similar to StashFin, Kreditbee offers these loans.
Personal loan for salaried individuals
Online purchase loan for consumer durables
Flexi personal loans
CASHe personal loan CASHe is among the best personal loan app in India because they developed their own system to rate a borrower. It is called a social loan Quotient. The entire process is digital end to end.
The loan amount is granted from Rs 9,000 to Rs 3 lakhs.
The interest rate is from 2% to 3% per month.
The loan term is a minimum of 2 months and a maximum of 1 year.
The late payment charge is 3% of the loan amount with a seven-day grace period.
The processing fee is 2% to 3% of the loan amount.
MoneyTap instant personal loan online MoneyTap is a fantastic lender similar to StashFin. It offers the loan to both salaried and self-employed individuals based on eligibility.
The loan amount is granted up to Rs 5 lakhs.
The loan tenure is from 2 months to 3 years.
The interest rate starts at 1.08% per month.
The processing charge is 2% of the loan amount.
The one-time setup charge is Rs 499.
The late payment fee is 15% of the overdue amount.
Types of MoneyTap loans
Wedding loan
Medical loan
Travel loan
Home renovation loan
Laptop loan
Consumer loan
Debt consolidation loan
How do you apply for these lenders' personal loans? There is an easy way to do it. Go to Afinoz.com. It is an online personal loan website where you have sign up to receive offers. Then A representative will contact you to complete the process. Once everything is completed, the loan amount will be disbursed. Conclusion So, these four lenders, StashFin, MoneyTap, CASHe and Kreditbee, are among India's best personal loan app. They have easy criteria to qualify with high loan amounts and competitive charges. The only thing you have to do is choose one of them to apply.