InstaMoney is one of the best instant personal loan app for salaried individuals. It has a user base of more than 3 million users. InstaMoney is powered by LenDenClub, an RBI registered NBFC-P2P.
It provides instant personal loans in the range of Rs. 5,000 to Rs. 10,000 with a tenure of 3 months to 5 months to all salaried individuals with a minimum monthly salary of Rs.12,000. The loan gets disbursed to your bank account within 2 hours post verification. The process is completely online and requires no physical documentation.
Repay the loans in time and get upgraded to InstaMoney plus where you can get higher credit limits up to Rs. 25,000 with UPI and Digital Card payment features. Download the InstaMoney app for hassle-free short term personal loans.
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Validity – Limited Period