List of Popular Finance Apps for emergency Situation

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With the advent of technology, managing your finances has become an easier task than it used to be. Now with just one tap, you can transfer money to your family or friends, pay your bills, and buy your loved ones gifts. No huge line after the ATM is required, no long queues in the bank to withstand. Thus, the prevalence of the various finance loan apps in India has facilitated seeking a loan.

With numerous finance apps prevalent in the market, applying for a personal loan has become comparatively easier. You can use this loan to fulfill several tasks, from traveling to paying off medical bills. Moreover, these apps are secure, and they offer a wide range of schemes as per their customers’ requirements. Here is a list of the top 5 finance apps for emergencies.

The Top 5 Finance Apps For Emergency Situation 

A. Fullerton India’s InstaLoan App

Fullerton India’s instant loan app offers a quick and convenient gateway to acquire personal loans. It is primarily meant for salaried and self-employed professionals.

The app includes a wide range of services:

  • The customers can apply for a personal loan at any time, from anywhere in India.
  • Fullerton India’s InstaLoan app offers a hassle-free documentation process. The app requires only a few basic documents and customer information for the lending process.
  • It is a simple and fully digital process, and tracking is also available.
  • Borrowers can esily download fullerton app via play store.
  • The customers of Fullerton India can borrow up to INR 25 lakhs.
  • The app offers a quick disbursal after the whole process is complete, and the loaned amount gets credited to the customer’s account in less than 30 minutes of approval.
  • Moreover, Fullerton India’s existing customers enjoy additional perks.

B.MoneyTap

MoneyTap is another widely popular loan app with flexible interest rates and digital processing. The app currently offers its services to more than 30 cities in India, including Delhi NCR, Mumbai, Bangalore, Chennai, and Hyderabad.

MoneyTap offers the following features to its customers:

  • The customers can borrow any amount of money, starting at INR 3,000 and up to INR 5 lakhs.
  • The app allows the customers to make UPI transactions from their credit line.
  • The app offers a completely digital documentation process.
  • The customers have the freedom to choose their own flexible EMIs, and they can pay them later.
  • There is no risk in using the app, and the customers need only pay interest on the amount they use.  

C. EarlySalary

EarlySalary is an instant loan app specially designed for those who do not have a credit history. The app offers an opportunity to avail of a loan for those individuals with a salary of INR 18,000 or more. The services of EarlySalary are provided in more than 15  cities in India.

The app provides its users the following features:

  • These salaried individuals can get a personal loan from INR 3,000 to INR 5 lakhs.
  • The customer receives the loaned amount within 10 minutes after the application submission and documentation process.
  • It offers a flexible repayment period from 90 days to 24 months.
  • The app charges zero prepayment charges.

D. KreditBee

KreditBee offers instant loans to professionals as direct cash transfers to bank accounts. In addition, this app provides 128 bit SSL security encryption to protect customer privacy.

The following are some of the more animated features of this loan app:

  • KreditBee offers a loan amount starting with INR 1,000 up to INR 2 lakhs.
  • Their repayment tenure ranges from 62 days to 15 months.
  • The app offers three types of loans: flex personal loans, online purchase loans, and personal loans for salaried individuals. 

E. LazyPay

LazyPay allows its customers to avail a loan amount starting with INR 10,000, ranging up to INR 1 lakh. You can use this app to pay for online shopping bills as well.

LazyPay offers the following key features:

  • The customers can pay using UPI and later pay with flexible EMIs.
  • LazyPay provides multiple offers and coupons to its customers.
  • Besides instant personal loans, the app also offers free credit scores, which can be redeemed later.

Conclusion

Stepping into the future, using these personal loan apps in India can benefit the users. Besides an easy and instant loan procuration process, these apps also provide various services and perks. Thus, using finance apps is a smart alternative to conservative banking methods.