InstaMoney: Personal Loan App

4.2
593K reviews
10M+
Downloads
Content rating
Everyone
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About this app

InstaMoney is powered by LenDenClub, India’s largest Peer-to-Peer Lending Platform owned by Innofin Solutions Pvt Ltd, an RBI-registered NBFC-P2P registered with the Reserve Bank of India (RBI).
InstaMoney serves a user base exceeding 3 million individuals across India, offering a swift online loan application process with loan amounts ranging from ₹5,000 to ₹50,000, typically disbursed within 2 hours

Note: No credit history* required, no prepayment charges & affordable interest rates!

Tenure: 3 months to 5 months (91 days to 150 days)
Interest rates (APR) Range: 24%-48% per annum
Example: The Loan Amount (Principal) is ₹10,000 with an Interest Rate of 24% per annum with a tenure of 5 months.
Interest=₹10,000 x 24% x 5/12 =₹1,000 and the Total Amount payable would be ₹11,000 over 5 months i.e. ₹2,200 per EMI (Equated Monthly Installment).
Processing fee(+GST)=₹500 + ₹90. Assessment fee=₹199

*These numbers are for representation only, and the final interest rate or processing fee may vary from one borrower to another depending on his/her credit assessment.

Both salaried and self-employed individuals can avail an instant loan with the best personal loan app! Even first-time instant loan seekers & personal loan applicants on a loan app are eligible to apply!

Key Features
• Instant loans up to ₹50,000
• Cash transfer to your bank account in minutes
• Repayment tenure from 91 days to 150 days
• No prepayment charges, pay interest only on the amount used
• Lowest processing fees ranging between 0% - 5% of the amount used
• Graduate to the higher loan amount and more products with on-time repayments
• No paperwork

Why is InstaMoney different from any other Instant Personal Loan App?
6 Million+ users in India
Over ₹11,000 crores disbursed in loan amounts
Get instant cash loans for medical emergencies, credit card payments, school fees, advance salary etc.
Loan disbursement time varies between 10 minutes to 2 hours

Eligibility Criteria
✔Salaried / Self Employed Individuals
✔Full salary must be received in the bank account
✔Between the age of 21 - 45 years
✔Indian citizen

Easy-to-Apply Process
1. Log in to the InstaMoney app, check eligibility and apply for verification.
2. Provide required details and documents quickly.
3. Check your application status
4. On approval the amount gets transferred to your bank account in 30 minutes.

Contact us
• Email: cs@lendenclub.com
• Facebook: fb.com/InstaMoneyApp
• Twitter: @InstaMoneyApp

InstaMoney is owned Innofin Solutions Pvt. Ltd. an RBI Registered NBFC-P2P (https://rbi.org.in/Scripts/BS_NBFCList.aspx)

Website: https://www.instamoney.app/

Address: Unit No. 5, Mezzanine Floor, DLH Park, SV Rd, Goregaon West, Mumbai, Maharashtra 400064

Security & Protection of Privacy
InstaMoney app follows global standards of high-level data encryption/decryption protocols to protect user data.
Updated on
May 27, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location, Personal info and 5 others
This app may collect these data types
Location, Personal info and 7 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.2
591K reviews
Gowri Mahesh
June 11, 2024
When I took out my first loan, everything worked fine, quickly and easily. But now when I tried to apply for the second one, for the last 10 days it remained as "In Progress". No updates on approval or rejection. I sent an email along with the document as instructed and received a response that everything was successful and I could continue filling out my profile. However, when I go into the app to do the same, it still shows IN PROGRESS. It was very disappointing and upsetting It's very bad.
114 people found this review helpful
DINESH REDDY
May 1, 2024
When I took out my first loan, everything worked fine, quickly and easily. But now when I tried to apply for the second one, for the last 3 days it remained as "In Progress". No updates on approval or rejection. I sent an email along with the document as instructed and received a response that everything was successful and I could continue filling out my profile. However, when I go into the app to do the same, it still shows IN PROGRESS. It was very disappointing and upsetting It's very bad 😞
1,419 people found this review helpful
Innofin Solutions Private Limited
June 10, 2024
We regret the inconvenience you had to face. For better assistance please share your information with cs@lendenclub.com. We will be happy to assist you.
Mithlesh Singh
May 29, 2024
Worst Application.... I have used this application before also.... But now it's a headache to complete the profile. Every time trying to upload the selfie and completing the KYC verification.... At the end it's says "Face Match failed We were not able to detect your face properly". I know I am not a good looking person for which you people are searching for... But I have a good phone to take a good selfie. So please try to solve this glitch in your application.
37 people found this review helpful
Innofin Solutions Private Limited
June 9, 2024
Hi, We are sorry for the inconvenience caused. Kindly share your concern along with the error screenshot at cs@lendenclub.com for further assistance.

What's new

Bug fixes and improvements.