Instant Online Loans: Convenient and Fast Financing Solutions at Your Fingertips

Benefits of instant personal loans

It feels like a different era when it was difficult to get a loan. With so many lenders looking to provide you a loan, getting one nowadays has become so simple that as long as you have a stable income with good credit score and history, you can get the money in your account within hours of applying. 

Instant loan app are leading this credit revolution, but what are they, which is the best app to get a loan, and how to apply for one?

What is a personal loan?

A personal loan is a type of credit where the borrower seeks a usually unsecured sum of money to fund non-specific scenarios. A personal loan requires an individual to pay back the loan amount along with the interest charged within a set tenure predetermined by you and the loan provider. 

Its wide range of applications can be availed for many reasons, from financing your child’s school to paying back debt, purchasing a home, or even buying something you want. 

Due to its unsecured nature, it usually has a high-interest rate. Still, if one has a good credit history and score, they can shop around for other lenders with better interest rates and get a low-interest rate offered for their credibility in paying back the loan. 

Which is the best app to get instant loan?

There are several apps that provide loans but these loan apps provide quick, convenient, and secure financing options based on your needs. These can help you fund your expenses without worries, and when you need it. 


  • Stashfin

Stashfin is what I have been using recently. It provides online instant loan worth up to Rs 10 Lakhs for competitive interest rates. It charges no interest if you pay back the money within 30 days. You will only be charged interest on the funds that you actually use, not the entire amount.

  • MoneyTap

MoneyTap offers customers a line of credit up to Rs 5 Lakhs. They also allow you to pay interest only on your used amount. There is no collateral for the funds. 

  • HDFC Bank

HDFC Bank is an established player in the loan sphere. They offer a loan of up to 40 Lakhs at competitive rates. They also require minimum documentation and approve loans instantly. 

  • ICICI Bank 

ICICI also offers pre-approved instant loans for their customers, allowing them to get up to Rs. 20 Lakhs based on their income and repayability. It is disbursed instantly and is convenient if you ever need funds urgently. 

How to apply for an instant loan?

With so many lenders looking to provide loans, it is now effortless to get loans nowadays, and these are the steps I followed to get an instant personal loan from the app I use personally Stashfin. 

  1. Download the Stashfin app from the Play Store or App Store.
  2. Sign up using your mobile number
  3. Add your details to check your credit limit
  4. Complete the KYC, and you are good to go!


This is how instant personal loan apps make it convenient to get loans instantly, all you need to do is download the app, fill in the details, and you are good to go—no running around with piles of paperwork from bank to bank. You have the answer right in the palm of your hand. 

So use Stashfin to get an instant online loan as I do and buy whatever you wish without waiting for your salary. Pay it back before 30 days to be charged zero interest, and even if you keep it, pay it back in easy EMI Payments for up to 36 months.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">html</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>