How to Apply for Insta Personal Loan (Up To 5 Lac)

Top 7 NBFC Companies That Offer Per...
Top 7 NBFC Companies That Offer Personal Loans

Apply for insta personal loan & get up to 5 lakh. Many NBFC companies offer fast loans within 30 minutes. Interest rate starts from 14% to 36% per annum.

Let’s check out how to apply for insta personal loan within 5 minutes.

Apply for Insta Personal Loan from Top Companies

Loan AppsIncom Proof
NaviNot Required
CASHeNot Required
Money ViewNot Required
LazyPayNot Required
PaysenseRs. 18,000 Salary p.m.
LendboxRs. 15,000 Salary p.m.
ZestMoneyNot Required

Eligibility Criteria for Insta Loan

Your loan application will be accepted if you are able to verify that you are eligible for the loan terms the lender is offering. Getting an instant personal loan requires that you fulfill the following essential eligibility criteria:

  • Applicant should be Indian Citizenship
  • The age should be 21 to 60 years
  • Minimum CIBIL Score required 700+
  • Income proof is needed for some lenders
Also Read: Instant personal loan at 12,000 salary

Documents Required

  • Pan Card
  • Aadhaar Card
  • Active Bank Account
  • Electricity bill / Gas bill for residence proof

1. Navi

Paperless loans of up to 5 lakh rupees are available from Navi. After you have provided your KYC papers, the loan amount will be sent to your bank account.

The process of obtaining a Navi Instant Personal Loan is performed entirely online. Any collateral does not secure this loan. You just need to provide a few pieces of documentation to apply for a loan from Navi.

Benefits of Navi Loan

  • Higher amount loan up to 5 lakh
  • Minimum documents required
  • Affordable EMI facility
  • Loan disbursement within 30 minutes

2. CASHe

Cashe is an app-based lending service that offers loans of up to 4 lakh. A quick personal loan will be provided to you the next day.

CASHe gives its clients the opportunity to borrow between Rs. 9,000 and Rs. 4 lakh for terms ranging from 90 to 540 days.

Benefits of CASHe Loan

  • Loan amount starts from Rs. 1,000 to 4 lakh
  • Flexible loan repayment tenure
  • Low-interest rate (2.75% per month)
  • Get a loan without any physical verification

Also Read: FairMoney Instant Personal Loan

3. Money View

Instant Personal Loans are offered by Money View for a loan amount of up to Rs. 5 lakhs and for terms of up to 5 years, with interest rates beginning at 1.33% per month. Applicants for personal loans can check their eligibility in less than two minutes, and if they are approved, they can have the cash from their loan sent into their accounts within 24 hours.

The whole process, beginning with the submission of the loan application and ending with the payment, can be completed online.

Benefits of Money View Loan

  • Instant Personal Loan up to 5 lakh
  • No income proof required
  • Interest rate starts from 1.33% per month
  • Flexible repayment tenure of up to 5 years

4. LazyPay

PayU operates under the brand name LazyPay. Through LazyPay, you have the option of taking out a loan for any amount between 10,000 to 1 lakh. Apply for a personal loan with LazyPay with as few papers as possible. Extend the period during which the loan is repaid from 3 to 24 months.

Benefits of LazyPay Loan

  • 100% digital loan process
  • Get up to 1 lakh instant loan
  • Minimum documents required
  • No physical verification
  • Flexible EMI facility
Also Read: SmartCoin Loan Apply

5. Paysense

Paysense is a non-bank financial company that is registered with the RBI. Paysense also has partnerships with other financial institutions, including banks and NBFCs, to make the loan application process as simple as possible.

Paysense is the place to go for a fast personal loan application. Avail Rs. 5,000 to 5 lakh loan approval. Paysense is able to provide salaried and self-employed individuals with quick personal loans. These loans can have flexible EMIs and periods ranging from 3 to 60 months.

Benefits of Paysense Loan

  • Higher loan amounts of up to 5 lakh
  • Flexible tenure from 3 to 60 months
  • 1.4% to 2.3% interest rate per month
  • CIBIL score not required

6. Lendbox

Lendbox, an Indian peer-to-peer lending platform, facilitates an unusual connection between smart investors/lenders and responsible borrowers in India. A formal business entity has been established. The APRs for Lendbox Instant Loans are between 16% and 18% per year.

An amount up to Rs. 5,000,000 may be given to you. You might have anywhere between 3 months and 36 months to repay your loan.

Benefits of Lendbox Loan

  • Minimum paperwork
  • Affordable interest rates from 16% to 18% p.a.
  • EMI tenure from 3 to 36 months
  • Fast loan process

7.  ZestMoney

When it comes to digital financial services, ZestMoney is the clear leader in India. To facilitate consumer loan distribution, it has established partnerships with recognized financial institutions.

You can receive a loan to go shopping without using a credit card. ZestMoney Shopping Loan offers a maximum loan limit of 2 Lakh.

Benefits of ZestMoney Loan

  • Get a credit limit of up to 2 lakh
  • Affordable repayment tenure
  • Online process
  • Minimum documents required
  • Zero processing charges
Also Read: Incred Personal Loan

How to Apply for Insta Personal Loan

Follow the simple steps to get an instant personal loan:

Step 1: Choose the lenders as per your requirement

Step 2: Download this lenders application or visit the website to apply

Step 3: Start processing through mobile no & Email id

Step 4: Submit KYC documents like Aadhaar Card & Pan Card

Step 5: After the eligibility check, you will get the loan offer

FAQs on Insta Personal Loan