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Best Personal Loan App

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Wide Choice

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Quick Disbursal

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SmartMatch

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Digital Process

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Apply Personal Loan Online

Customer Rating

4.2/5

2839 Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

What are Personal Loan Apps?

Personal loan apps cater to the urgent financial requirements of applicants with easy application, minimal or zero documentation, quick approvals and almost immediate disbursal. In certain cases, loans are disbursed instantly – within seconds of application submission.

Paisabazaar runs pre-approved programs with Axis Bank, IDFC FIRST Bank, Federal Bank, Tata Capital, Moneyview, Piramal Finance and many other lenders.

Consumers having a strong credit profile can compare and choose pre-approved offers from these lenders via the Paisabazaar app and get instant loan disbursal within minutes through our instant loan app.

Find Best Personal Loan Offers

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee₹ 6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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Why Choose Paisabazaar?
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Compare & Choose the Best Offer

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Pre-approved Offers with Instant Disbursals

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Know Your Chances of Approval

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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Instant Loan on Paisabazaar App: Key Features

  • Pre-approved loan offers from multiple banks and NBFCs (for select consumers)
  • Minimal processing time with zero documentation and completely digital processes
  • Loans disbursed in as little as 24 hours; in some cases, a few minutes
  • Consumers with a healthy credit profile and stable income are usually eligible for pre-approved loan offers on Paisabazaar
  • Instant personal loans can be used for any need (marriage, travel, higher education, home renovation, medical emergencies, etc.) except speculation

Best Personal Loan Offers at Paisabazaar Loan App

Paisabazaar is one of the best personal loan apps that provides loan offers from multiple lenders. Some of the best personal loan offers on our instant loan app are mentioned below:

Lender on the App Interest Rate Max. Loan Amount
HDFC Bank 9.99% - 12.5% Up to Rs. 25 Lakh
Axis Bank 9.99% - 17.15% Up to Rs. 40 Lakh
Kotak Mahindra Bank 9.98% - 17.2% Up to Rs. 25 Lakh
IDFC FIRST Bank 10.5% - 20% Up to Rs. 50 Lakh
ICICI Bank 11% - 13% Up to Rs. 25 Lakh
Yes Bank 13% - 16% Up to Rs. 30 Lakh
Tata Capital Limited 11.99% - 13.99% Up to Rs. 25 Lakh
IndusInd Bank 10.35% - 16.5% Up to Rs. 50 Lakh
Federal Bank 12% - 19.5% Up to Rs. 5 Lakh

*Interest rates as on 12th September 2025

Swipe to see more table data

Eligibility Criteria for Personal Loans through the Paisabazaar App

Consumers planning to avail an instant personal loan through the Paisabazaar app should meet the following eligibility criteria.

  • The applicant’s age at the time of loan application should be at least 18 years, and the maximum age at the time of loan maturity should be 60 years.
  • Select existing customers of banks and NBFCs are eligible for instant personal loans.
  • New consumers, in some cases, may also be eligible for pre-approved offers, but the loan disbursal may not be instant and might take a day or two.
  • The minimum monthly income required for eligible applicants is Rs 15,000.
  • Applicants with a credit score of 750 and above typically have a higher chance of availing instant personal loans through the Paisabazaar app.

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Documents Required for Personal Loan through the Paisabazaar App

Pre-approved instant loans are primarily offered to select existing customers of banks and NBFCs. Since the applicant already has an existing relationship with the lender, he/she need not submit the documents again for assessment.

However, new consumers availing instant loans through the Paisabazaar app will have to submit the following documents:

  • KYC documents
  • Latest salary slips for the last 6 months
  • Employment/Business Proof

Why Choose Paisabazaar App for Availing Instant Personal Loan

  • Paisabazaar is a trusted online platform that offers pre-approved instant loans through various lenders, including Axis Bank, IndusInd Bank, Aditya Birla Capital, Hero Fincorp, Moneyview and more.
  • The marketplace has earned the trust of over 50 million consumers and offers pre-approved instant loans to consumers with a good credit profile.
  • The process is paperless and entirely digital, and requires minimal to no documentation for quick approval and instant loan disbursal.
  • Paisabazaar offers personal loans to both salaried and self-employed individuals.
  • Applicants can compare personal loan interest rates and other offers by various lenders and opt for the one that suits their requirements the best.

How can I apply for a personal loan online using a loan app?

You can apply for a personal loan using a loan app in the following steps:

  • Download the Paisabazaar app through the Google Play Store or the Apple App Store
  • Click on the personal loan icon
  • Enter the required details
  • View curated personal loan offers and apply for the best suited offer

What features make the Paisabazaar App the best loan app for comparing lenders?

The following features make Paisabazaar app the best loan app for comparing lenders:

  • It shows curated offers from 30+ lenders.
  • The process is completely digital with minimal paperwork.
  • Quick loan disbursal in as less as 24 hours.
  • Compare interest rates and other offers from multiple lenders all in one place.
  • Applicants can check their credit score for free.
  • Pre-approved personal loans with zero documentation.

How Can I Apply for a Personal Loan Online?

Get up to ₹40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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All Your Needs

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FAQs

Paisabazaar app is best for personal loan with personal loan offers from 30+ lenders all in one place.

Paisabazaar loan app offers lowest interest rates with Kotak Mahindra Bank @ 9.98% p.a. onwards.

A personal loan app is a digital platform that allows users to apply and receive personal loans digitally with minimal paperwork and instant loan disbursal. Applicant need to download the personal loan app on their mobile phones, enter the required information, and get curated personal loan offers from different lenders.

Yes, the Paisabazaar personal loan app is completely safe and reliable.

Lenders usually require salary slip of the applicants to offer a personal loan. However, they can also provide alternative documents like bank statements, PAN card, etc. while applying for an instant personal loan through app.

Personal Loan Articles

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Importance of No Dues Certificate in Personal Loan Closure

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Personal Loan for First Time Borrowers: What Customers Must Know

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How I Saved Rs 22,000 on My Personal Loan through Prepayment

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How Have Personal Loans Advanced Over the Past few Years

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Factors To Consider While Selecting a Personal Loan Lender

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Instant Personal Loan Apps: Avoid These 5 Pitfalls

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Bhumika Khandelwal16 Jul 2025
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Reasons for Delay in Personal Loan Processing

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Paisabazaar09 Jul 2025
APR vs Interest Rate in Personal Loans: What’s the Difference? - Article image

APR vs Interest Rate in Personal Loans: What’s the Difference?

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Bhumika Khandelwal07 Jul 2025
Tips to Choose an Ideal Personal Loan Tenure - Article image

Tips to Choose an Ideal Personal Loan Tenure

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Paisabazaar07 Jul 2025
View All Articles
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What our customers say

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

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Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

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Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

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Shivani SuryaDec 3, 2025

Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

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Suraj VermaDec 3, 2025

Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

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Shiv KumarDec 3, 2025

Multiple offers in Minutes

Paisabazaar helped me compare multiple loan offers in minutes, and I got the best rate without any paperwork.

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Ankita BajajDec 3, 2025

Itna Badhiya Rate and Service Hai!

Apke yaha itna acha interest rate mil gya market mei sabse kum and service toh aur bhi achi h. thank you.

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Mohit SinghDec 2, 2025

Best Interest Rate Offer

Got the best interest rate on your website. Best assistance and seamless experience.

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Aniket SinghDec 2, 2025

Best Marketplace to Shop for Loans

Your website is the best to apply for a personal loan. Got my loan disbursed within 3 days. So easy and hassle-free.

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Nikita SharmaDec 2, 2025

Fast loan approval

I got my loan approved within 24 hours. The process was fast, transparent, and reliable, exactly what I was looking for.

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Pragati ShuklaDec 2, 2025
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Vandana Punj
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Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners

*Applicable for selected customers