How to find the best personal loan app?

As we know that traditional banks take a long time to process a personal loan application. There are many banks offering personal loans at an attractive interest rate and the borrowers get benefits for the same. If you are searching for one of the best personal loan apps in India then, check the list of personal loan apps which include CASHe, Dhani, MoneyTap, PaySense, MoneyView, and more that we will describe later. The personal loan apps provide a safe and hassle-free cash loan in India within a few hours. Thus, people prefer the personal loan apps for their use.

How to find the best way to find personal loan apps in India?

There are many ways that will help you for choosing the best personal loan apps in India at an attractive interest rate. Before applying for personal loan apps, you need to maintain the following records and keep in your mind:

• Maintain a good credit score

The credit score will help to show your creditworthiness based on how customers have managed the credit in the past. A score that crossing the limit of 700 or 750 makes a good score for the credit limit. It means that the higher your score, the better for you. Lenders offer the repayment terms, loan amount, and interest rates based on your credit score.

• Compare the top lenders to avail the loan with the best offers

You can easily compare personal loans lenders online to find the loan app providing attractive interest rates and features. This will take some time to find the best loan app, but it will ensure to make the right choice while checking the list of personal loan apps such as CASHe, MoneyTap, Dhani, and more.

• Look for seasonal offers

Lenders always notify the customers about the special offers through SMS and email while connecting to the banks. The lenders offer to allow limited-period discounts on the interest rate. These discounts are available when you apply for an online personal loan during the festive period.

Check out the best loan apps in India

CASHe app:

CASHe uses a completely different method to determine the creditworthiness of a customer while using the application. This app offers the best way for getting the loan online. CASHe is a fully automated system that one can cut down the manual interaction and speeds up the loan approval process. For using the CASHe app the individual’s salary would be Rs. 15,000 above per month.

Terms of personal loan from CASHe app

• Individual’s salary should be minimum Rs. 15,000 per month.
• The user needs to upload the documents online to get approval for the personal loan application.
• CASHe personal loan app process is fully automated and the loan amount is disbursed within 10 minutes from sending the application through the app.
• CASHe offers the flexible repayment loan amount
• One can apply a loan ranging from Rs. 9,000 up to Rs. 3 lakhs instantly by using the app.

Dhani app

With this app one can easily get a personal loan up to Rs. 15 lakhs without any collateral at an affordable interest rate instantly. The Dhani app has loan approval and receives the amount in your bank account within a few minutes.

Terms of personal loan from Dhani app

• The borrower can get a personal loan starting from Rs. 1,000 up to Rs. 15 lakhs at an attractive interest rate starting from 1% up to 3.17%. per month.
• Less paperwork requires for approval of your loan and you need to submit the documents through the app for verification.
• Repayment of the loan is also selected by using the app which makes an easier for paying your EMI online.
• You can also get benefits for choosing the loan tenure of 3 months to 36 months for repayment of your loan.

MoneyTap app

You can easily get a personal loan starting from Rs. 3,000 up to Rs. 5 lakhs that approved within 4 minutes by using the app. It also offers a flexible loan repayment tenure with variable interest rates offered to the borrowers. Using the MoneyTap app you can pay the interest rate on the utilized amount, not the whole amount.

Terms of personal loan from MoneyTap

• The borrower must have an age limit from 23 years to 40 years.
• One can borrow the loan amount starting from Rs. 3,000 up to 5 lakhs transferred directly to the bank.
• The loan tenure amount is starting from 2 months to 36 months.
• The interest rate is variable from 13% to 24.3% per annum.

PaySense app

PaySense app offers personal loans up to Rs. 5 lakhs and approved within 2 hours. And you can directly use the personal loan through this app. It has a flexible tenure for repayment of your personal loan at an affordable interest rate. This app offers a personal loan for a self-employed person and the borrowers can easily apply for the loan.

I am the guy with more dreams that aims my target and chase in the Indian financial markets and more conscious in stock market moments.