Key Takeaways
- In this list, we look at the Best Student Loan Apps in India.
- The list includes specifications as well as advantages and drawbacks so you can make an informed decision about which of these instant loan apps for students in India is the instant student loan app for you.
- Finally, for your convenience, a short comparison chart for the Best Student Loan Apps in India has been provided.
A Brief View On The Best Student Loan Apps in India
As a university student, you must be relying on your parents for your financial needs. This includes fee money, accommodation and meals, if necessary, cash and spending on things you need as college students for non-curricular work. Student personal loan apps play a huge role here. Traditional banks take a long time to process applications for personal loans, and financial lenders are known to demand exorbitant interest rates, which make the procedure highly questionable. The concept of an instant student loan app has surfaced as a fantastic notion in this entire financial setup, offering safe and trouble-free cash loans in India within one hour. Read this list further to find the best student loan apps in India.
Browse Dhani Finance and get interesting cashback on the Best Student Loan Apps in India.
Get a guaranteed cash back on the best student loan apps in India with the Dhani One Freedom.
Get it nowList of the Best Student Loan Apps in India
01 Dhani
| Interest Rate | 1 – 3.17 % |
| Loan Amount | Rs. 1000 – 15 lakh |
| App Rating | 3.9 |
Dhani, also known as the phone se loan app, disburses the loan money to your bank account immediately making it the best loan app for students. You can apply for a personal loan at any time and from any location in this student loan app without pan card. You can receive an immediate loan of up to 15 lakh rupees with an interest rate as low as 12%. You can download the Dhani loan app for free, enter your Aadhaar card number and loan amount, and the money will be sent into your account immediately.
- Dhani has combined its pharmaceutical and money services platforms into one.
- This instant student loan app allows consumers to acquire loans faster, with lower EMIs and lower interest rates.
- This is one of the student personal loan apps which also aids in the approval of all types of loans and credit rating services.
- It offers the widest selection of cashback options.
- It isn't compatible with all e-Commerce systems.
- It takes time to complete the basic paperwork while registering compared to other personal loan apps for students which take lesser time.
“They literally are as good as they claim in commercials. I guess prerequisites are a Very good Cibil score and regular earnings reflecting a bank account. Since my Aadhar, pan, mobile, account all are interconnected, I easily get loans, but this by far was the fastest and easiest. Kudos to the team. Full marks!”
Manav Ajith
Take advantage of the best deals with the Dhani One Freedom
Get it now02KreditBee
| Interest Rate | 2 – 3% |
| Loan Amount | Rs. 1000 – 1 lakh |
| App Rating | 4.5 |
KreditBee is an instant loan app for students that provides quick personal loans to young professionals, making it the best loan app for students looking for instant financial aid. You may be eligible for a loan of up to one lakh rupees. The whole loan application and approval process takes place online in this instant student loan app. The pay-out is completed in 15 minutes, and the funds are deposited straight into your bank account in this student loan app without pan card.
- Processing time is kept to the minimum amongst all student personal loan apps.
- Repayment terms remove are flexible
- It is a loan app for college students.
- There are far too many advertising calls and texts compared to the other personal loan apps for students.
“I appreciate the service provided by the KreditBee team when I applied for an Instant loan. The follow-up provided by the Company is worth praising. The loan was sanctioned easily in a hassle-free way. If you are looking for an online loan, KreditBee is one of the best options”
Sahal Abdu
Dhani One Freedom offers large discounts on student loans, as well as 0% interest financing up to INR 5 lacs.
Get it now03 mPokket
| Interest Rate | Begins at 3.5% |
| Loan Amount | Begins at Rs. 500, no maximum limit |
| App Rating | 4.5 |
mPokket is the best loan app for students in India. It is based on the notion of student pocket money. The amount of your personal loan is delivered to your bank account or Paytm wallet after your application is accepted by this student loan app without pan card. The first amount granted is Rs. 500, and with regular usage, your borrowing limit will rise over time. You have 1 upto 3 months to repay your loan in this instant loan app for students in India.
- This loan app for college students is ideal for students and part-time employees who are enrolled in college.
- It is one of the few student personal loan apps which have a longer duration of the credit.
- This instant student loan app provides loans at a lower interest rate.
- You can make transactions and get discounts straight through their app and platform in this student loan app without pan card.
- They are not accessible everywhere.
- For some loan sanctions, mPokket requires guarantors, unlike the other personal loan apps for students.
“Well, I have been using this app now for more than a year I guess, and trust me it's the best suitable app for financial requirements if you are willing to pay back on time with interest changes. Well, I would like to thank the mPokket team for helping me out.”
Ramya Manoj
Take advantage of the best deals with the Dhani One Freedom
Get it now04Pocketly
| Interest Rate | 1 – 3% |
| Loan Amount | Rs. 500 – 10,000 |
| App Rating | 3.9 |
Pocketly, an instant loan app for students in India, is recognised for providing the quickest student loans, being a strong contender for the best loan app for students. It imposes an interest rate ranging from 1% to 3% per month (12% to 36% per year), based on the loan amount and term. Students can borrow a maximum of Rs. 10,000 from Pocketly, an instant student loan app. You can download these student personal loan apps from the Google Play store. If you pay your monthly instalment on time and in full, you may be eligible for a top-up loan in this student loan app without pan card. They deposit the funds into your Paytm wallet or bank account.
- They have the option of depositing in an eWallet or bank account.
- It is one of the best loan apps for college students.
- The maximum limit goes up to Rs. 10,000 only in this online loan app for students.
“Very good loans for college students, with the help of students in-app. They fulfil their needs in a few minutes. This app works only for college or school students, which I am quite grateful for! You can also apply for a loan through this app.”
Dilraj
Dhani One Freedom offers large discounts on student loans, as well as 0% interest financing up to INR 5 lacs.
Get it now05 IndiaLends
| Interest Rate | 0.9 – 3 % |
| Loan Amount | Rs. 15,000 – 50 lakh |
| App Rating | 4.5 |
IndiaLends is an instant loan app for students in India that provides quick personal loans, credit cards, and free credit reports. IndiaLends is one of those student personal loan apps which provides instant personal loans online at the lowest interest rates and disburses the money within 48 hours, thus can easily be considered as the best loan app for students. IndiaLends' instant loan app for students in India makes considerable use of data and technology to enhance processes and risk assessments, resulting in a more efficient, faster, and easier loan disbursal procedure.
- This student loan app without pan card is recognised for comparing several types of loans before deciding on the best one.
- Users can take advantage of the company's low-interest-rate profits, compared to other personal loan apps for students.
- For all transactions, you'll need a secure bank account.
- Your credit score may be obtained in about a minute.
- To begin with this online loan app for students, you'll need to get yourself registered.
- To receive a speedier approval, you'll need the appropriate KYC and a high score, unlike the other personal loan apps for students.
“I would highly appreciate and recommend india lends for quick loans with minimum and proper documentation. I spoke to Ankit and his services are exceptional. He did the complete follow up and made things easy and quick. He is very helpful and keeps me posted.”
Vishnu Krishnan
Take advantage of the best deals with the Dhani One Freedom OR
Get it now06MoneyTap
| Interest Rate | 1.08 – 2.03% |
| Loan Amount | Rs. 3000 – 5 lakh |
| App Rating | 4.3 |
It's an instant loan app for students that gives users access to a line of credit that may be used as an immediate loan or a credit card. MoneyTap is an instant loan app for students in India that offers variable interest rates. It includes a feature that says if you don't use it, you won't be interested in it. It is the best loan app for students.
- Customers do not experience any latency while utilising this online loan app for students because it is well-built.
- Easy KYC allows you to quickly generate profiles.
- The credit line is straightforward to get and may be used as a wallet for this student loan app India.
- You don't have to worry about your credit score after the quick loans are granted.
- Depending on the amount, the credit duration varies and might last up to 36 months.
- It would take some time to complete the first KYC.
“I used this money aap and found a very useful and trusted app to get a loan at minimum time.You just have to upload your details in the app then it straight away tells you your eligibility for loan amount. Wonderful app! Was worth it.”
Dhanya Balraj
Dhani One Freedom offers large discounts on student loans, as well as 0% interest financing up to INR 5 lacs.
Get it now07Rupeelend
| Interest Rate | 3 – 30% |
| Loan Amount | Rs. 10,000 – 1 lakh |
| App Rating | 3 |
Rupeelend is an instant loan app for students in India that provides short-term lending to people and companies. It was founded in 2015. It is now operational in Bangalore, Mumbai, and the National Capital Region (NCR). The online personal loan application procedure in the loan app for college students takes about 3 minutes, and rapid loan approvals are guaranteed. Rupeelend is a safe and dependable instant loan app for students with short-term financial needs.
- Loan approval in a flash, making it one of the best loan apps for college students.
- Despite a low cibil score, a quick loan is available with this online loan app for students.
- Customer service isn't great for this student loan app India.
“The app disburses loans in two hours to new customers and 10 minutes to a returning customer. Set up with an investment of Rs 1.3 crore is sourced from family and friends. This app is extremely efficient and safe! Extremely loved it. ”
Surjith Singh
Take advantage of the best deals with the Dhani One Freedom OR
Get it now08 StashFin
| Interest Rate | 1 – 5% |
| Loan Amount | Rs. 500 – 5 lakh |
| App Rating | 3.4 |
Stashfin is an instant loan app for students that promises to provide clients with best-in-class service and convenience. In India, use their student loan app India to apply for a quick loan. Your request is granted, and the funds are transferred in a matter of minutes. It is one of the best loan apps for college students.
- Interest rates are low for this online loan app for students.
- It is one of the best student loan apps in India.
- Processing time is slow compared to other personal loan apps for students.
- Promotional messages are constantly broadcast.
“I faced a very tough time during the pandemic. I had recently lost my job and my mother was admitted to the hospital for contracting the virus. I found out that StashFin provides loans for people regardless of their credit score. I applied immediately and got approved within 24hours. I used the money to pay off all the hospital dues. Yes, times are better now and I’m still using StashFin.”
Pranay Das
Dhani One Freedom offers large discounts on student loans, as well as 0% interest financing up to INR 5 lacs.
Get it now09CASHe
| Interest Rate | Begins at 1.75% |
| Loan Amount | Rs. 5000 – 2 lakh |
| App Rating | 4.2 |
CASHe is an instant loan app for students that offers short-term personal loans to salaried persons for a variety of financial requirements. When applying for a loan with this student loan app India, you must supply papers like pay stubs, bank statements, address verification, and your PAN card, which can all be uploaded using the cash lending app. You can also use a fast calculator in the loan app for college students to verify loan eligibility and interest rates online at Capital.
- Users can set their credit limits from the approved credit line using this application.
- It's a platform-agnostic online loan app for students that works well with sites like Flipkart and Amazon.
- Users can send money to their pals directly with this student loan app India.
- Only a single registration is necessary.
- Verifying all the papers takes time on this student loan app India.
- To get money from here, users would need a good credit score.
“I am writing this Testimony because I am really grateful for what CASHe did for me and my family, when I thought there was no hope. The app came and made my family feel alive again by lending us a loan at a very low interest rate of 3%.”
Bharadwaj Ajay
Get the best student loan apps in India suited for yourself at an easy and interest-free EMIs free cashback card from Dhani Finance.
Take advantage of the best deals with the Dhani One Freedom.
Get it nowComparison Table for Best Student Loan Apps in India
| Student Loan App | Interest Rate | Amount (Rs.) | Rating |
|---|---|---|---|
| Dhani | 1 – 3.17% | 1000 – 15 lakh | 3.9 |
| KreditBee | 2 – 3% | 1000 – 1 lakh | 4.5 |
| mPokket | Begins at 3.5% | 500 – no upper limit | 4.5 |
| Pocketly | 1 – 3% | 500 – 10,000 | 3.9 |
| IndiaLends | 0.9 – 3% | 15,000 – 50 lakh | 4.5 |
| MoneyTap | 1.08 – 2.03% | 3000 – 5 lakh | 4.3 |
| Rupeelend | 3 – 30% | 10,000 – 1 lakh | 3 |
| StashFin | 1 – 5% | 500 – 5 lakh | 3.4 |
| CASHe | Begins at 1.75% | 5000 – 2 lakh | 4.2 |
Avail of a free cashback card from Dhani OneFreedom and get the Best Student Loan Apps in India.
Dhani One Freedom provides low-interest financing on the Best Student Loan Apps in India.
Get it now
