Top 15 Personal Loan Lenders Offering Best Services In India

A personal loan is an unsecured loan helping individuals meet their various financial needs conveniently. Both various NBFCs and banks offer these loans at convenient interest rates. You can compare the loan terms offered by various organisations and then decide on the option you want to pick.

We will make your work easy by enlisting the leading personal loan lenders in India. Some of these lenders boast the best loan apps in India.

Leading personal loan providers

While there are various personal loan lenders in India, some of them have established their names as pioneers in the industry through decades of experience.

  1. Fullerton India InstaLoan App: Fullerton India offers personal loans to both self-employed and working professionals and serves multiple purposes. You can borrow up to Rs. 25 lakhs at affordable interest rate starting from 11.99%, with flexible repayment tenures up to 60 months. The paperless and hassle-free process through Fullerton instant personal loan app ensures that you get financial support from the comfort and safety of your home within a short span.
  2. Early Salary: This allows you to manage your daily expenses without waiting for the salary to be credited into your account.
  3. Bajaj FinServ App: With Bajaj, you can get a loan up to Rs 25 lakh, starting at 12.99% onwards. No hidden charges are associated with the loan, and repayment tenures are flexible ranging between 12 months and 60 months. The loan application and process are quite convenient with the app.
  4. Tata Capital Mobile App: With tata capital, you can avail of a personal loan without any collateral at 11.25% onwards. With minimal documentation, get an instant loan now. The instant loan app is available on Google Play Store and Apple Store.
  5. Mahindra Finance App: A loan up to Rs 3 lakh can be availed with Mahindra Finance App at an interest rate determined by the lender based on the applicant’s application form.
  6. IIFL Loans: You can now avail of up to Rs 25 lakh starting at 13% onwards with this personal loan app. The entire loan application is online with minimum documentation. The loan application and processing are entirely transparent and secure.
  7. HDB OnTheGo App: You can now avail of up to Rs 20 lakh starting at 36% onwards from HDB Financial Apps. The employees of select companies can also enjoy special offers on personal loans. The maximum loan tenure is 60 months.
  8. ShriCity App: The loans can be repaid in a minimum tenure of 12 months and a maximum tenure of 36 months. The individual should be employed for at least one year to be eligible for the loan for salaried individuals.
  9. Aditya Birla Capital: Aditya Birla offers a loan of up to Rs 50 Lakh, at an interest rate between 16.85% to 17.85%. The loan is available for a flexible tenure and can go up to 60 months. No collateral is required for the loan, and one can also add a co-applicant to enhance eligibility for the loan. The loan repayment is possible through ECS or NACH.
  10. Capital First: You can realise your dream of a perfect wedding, education etc., with a Capital First personal loan. You can borrow up to Rs 40 lakhs basis your eligibility for a tenure ranging from one year to seven years, best suiting your requirements.

Some other prominent personal loan apps in India are:

  1. PaySense: With PaySense you can borrow money online up to Rs 5 Lakh. Personal loans starting from Rs 5,000 up to your entire approved limit can be utilised at one time.
  2. CASHe: The approved loan amount can range from Rs 5,000 to Rs 2 Lakh, with tenures anywhere between 15 days to 6 months. Loan can be repaid via a bank transfer or cheque deposit.
  3. Dhani: You can get a loan of up to Rs 15 Lakh instantly at an interest rate starting at 12%.
  4. Nira: Nira offers a personal loan in the form of a credit line, with a credit limit ranging between Rs 3,000 to Rs 1 Lakh. The tenure for the loan ranges from 3 months to 1 year.
  5. Money Tap: The first app-based credit line, MoneyTap offers credit to individuals but charges interest only on the borrower’s amount.


Enlisted above are some of the leading personal loan providers that offer personal loans at reasonable interest rates. Based on your requirement and the loan terms offered by each lender, you can choose the one that suits you best. After finalising the loan terms, you can apply anywhere, anytime through the lender’s personal loan app.

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