People take out short term personal loans for a variety of reasons. Previously, the preferred alternative was to approach banks, which took months to process even a simple short term loan application. Many organizations now offer short term loans in minutes if the applicant meets the requirements and submits the required documentation. People can now apply for a short term personal loan through an app and acquire funds quickly and easily at very cheap interest rates. Borrowers can use these short term loan apps to not only submit an online loan application, but they can also use them to digitally finish the entire loan procedure.

Here are some of the top instant short term loan apps that you can use to avail a short term loan quickly and in a hassle free way.


CASHe is a non-profit organization that strives to address the financial requirements of working-class people who are often turned down by regular lenders. This cash borrowing app has a user base of over 3 lakh people in India and works in two cities: Mumbai and Hyderabad. Cashe loan app has several significant features, including the ability to apply for a fast cash loan for amounts ranging from Rs 1,000 to Rs 4 lakh. You have the option of applying for funds with repayment terms of 90, 180, 270, 360, and 540 days. With the length of the Cashe loan, the minimum and maximum loan amounts, as well as the minimum salary requirements, alter.


EarlySalary is similar to CASHe, except that the former caters to a broader spectrum of clients. An EarlySalary user, like the most of the platforms on our list, will have his or her loan accepted promptly without having to submit a long list of documentation. A customer of EarlySalary can also shop on Amazon, Flipkart, and Make My Trip and finance their purchases at zero percent interest rates. Customers with no credit history or who are first-time borrowers can get personal loans through Early Salary loan app. It employs the SocialWorth Score to assess a customer’s creditworthiness and match him with the finest personal loan options. Within ten minutes, you can obtain a loan of up to Rs 2 lacs from early salary loans deposited immediately to your bank account.


Because it offers a variety of loans for various types of needs, this is one of the most popular and unique lending platforms for the borrowers. Their representatives also guide the customers in obtaining the best short term loan interest rate from banks and NBFCs, making it the most easy to use low-interest loan app. You can also avail other types of loans such as gold loans or property-backed up loans. The indialends loan app is also known for its credit card offerings, which include over 40 different schemes and cards out of which to choose from. You may also check your credit score by putting up your PAN number, which will help you choose the best loan option according to your eligibility. The monthly interest rate for Indialends loans ranges from 0.9 to 3%. The Indialends maximum loan amount is Rs. 50,00,000, with a minimum loan amount of Rs. 15,000 available.

The Bottom Line

Several more short term personal loan applications in India, in addition to the ones mentioned above, offer instant personal loans in a matter of minutes. The market has multiplied in recent years as consumer awareness and adoption have increased, welcoming several new firms.

While these short term personal loan lending apps in India have made borrowing more accessible, you should always read the terms and conditions before joining up to ensure that you understand the borrowing and repayment arrangements well. You must also use extreme caution when it comes to paying payments.

According to industry experts, payments should only be sent to formal accounts registered with an NBFC, bank, or partner platform. No payments should be made in the name of loan executives.

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