10 Best Instant Loan Apps In India Without Salary Slip
In today’s fast-paced world, instant loans have become a popular means of obtaining quick financial assistance. In India, there are various instant loan apps available that offer loans without the need for a salary slip. These apps are a great option for those who are self-employed or have a fluctuating income. In this article, we will take a look at some of the best instant loan apps in India that do not require a salary slip.
The Advantages Of Using an Instant Loan App In India Without a Salary Slip
- Quick and easy approval: Instant loan apps in India can approve loans in a matter of minutes, without the need for extensive paperwork or salary slips.
- Convenience: With the ability to apply for a loan from anywhere and at any time, instant loan apps provide a convenient alternative to traditional loan application processes.
- No collateral required: Many instant loan apps in India do not require collateral, making them accessible to a wider range of borrowers.
- Low-interest rates: Some instant loan apps in India offer low-interest rates, making them an attractive option for borrowers looking to save money on interest payments.
- Flexible repayment options: Instant loan apps in India may offer flexible repayment options, allowing borrowers to choose a repayment schedule that works best for them.
- No physical visit required: As the entire process is done digitally, you do not need to visit the bank physically saving time and energy
Top Ten Instant Loan Apps Without Salary Slips In India
1. Money View
Money View is one of the most popular instant loan apps in India. It offers loans up to Rs. 5 lakhs without the need for a salary slip. The app uses a unique algorithm to determine the creditworthiness of the borrower based on their credit history and other financial information. The loan can be approved within minutes and the money can be disbursed within 24 hours.
2. Fibe
Fibe is another popular instant loan app in India. It offers loans up to Rs. 2 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, social media activity, and other financial information. The loan can be approved within minutes and the money can be disbursed within 24 hours.
3. CASHe
CASHe is an instant loan app that offers loans up to Rs. 2 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, social media activity, and other financial information. The loan can be approved within minutes and the money can be disbursed within 24 hours.
4. FlexSalary
FlexSalary is an instant loan app that offers loans up to Rs. 2 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, social media activity, and other financial information. The loan can be approved within minutes and the money can be disbursed within 24 hours.
5. LoanTap
LoanTap is another one of the best Instant Loan apps in India that offer loan without salary slip. You can take loans up to Rs.10 lakhs. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, social media activity, and other financial information. The loan can be approved within minutes and the money can be disbursed within 24 hours.
6. Lendingkart
Lendingkart is an instant loan app that offers loans up to Rs. 25 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, financial statements, and other financial information. The loan can be approved within minutes and the money can be disbursed within a few days.
7. PaySense
PaySense is an instant loan app that offers loans up to Rs. 5 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, financial statements, and other financial information. The loan can be approved within minutes and the money can be disbursed within a few days.
8. Capital Float (Now Axio)
Capital Float, now Axio is an instant loan app that offers loans up to Rs. 20 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, financial statements, and other financial information. The loan can be approved within minutes and the money can be disbursed within a few days.
9. Faircent
Faircent is another instant loan app that offers loans up to Rs. 10 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, financial statements, and other financial information. The loan can be approved within minutes and the money can be disbursed within a few days.
10. Loanwalle
Loanwalle is an instant loan app that offers loans from 5 thousand to Rs. 5 lakhs without the need for a salary slip. The app uses a proprietary algorithm to determine the creditworthiness of the borrower based on their credit history, financial statements, and other financial information. The loan can be approved within 30 minutes and the money can be disbursed within a few minutes if your loan is approved.
Conclusion
In conclusion, there are many instant loan apps in India that offer loans without the need for a salary slip. These apps are a great option for those who are self-employed or have a fluctuating income. However, it is important to keep in mind that these loans come with high-interest rates, and should be used only in case of an emergency. It is always a good idea to compare the interest rates and terms of the different loan apps before applying for a loan.
Note: The above-mentioned apps may have different terms and conditions and interest rates. It is always a good idea to read the terms and conditions and compare the interest rates, before applying for a loan.
Pranab Bhandari is an Editor of the Financial Blog “Financebuzz”. Apart from writing informative financial articles for his blog, he is a regular contributor to many national and international publications namely Tweak Your Biz, Growth Rocks ETC.
